Most profitable healthcare companies

Net income is profit after tax and all expenses, as reported in the annual filing. Companies reporting a loss are excluded from this ranking. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 184 · Fiscal year 2025 · Data as of September 25, 2026

Johnson & Johnson (JNJ) tops the list with $26.8B in net income for fiscal 2025, ahead of Eli Lilly ($20.6B) and Merck ($18.3B). The top 10 together report $135B in net income; the gap between #1 and #10 is ×3.56. 184 companies in Healthcare report net income, 8.9% of the 2058-filer universe. The last place on the list, Brightspring Health Services, comes in at $189M.

Net income
#CompanyNet incomeYoY15-year trend
1Johnson & JohnsonJNJUS$26.8B+90.6%
2Eli LillyLLYUS$20.6B+94.9%
3MerckMRKUS$18.3B+6.6%
4Novo Nordisk A SNVODK$15.5B+5.8%
5UnitedHealth GroupUNHUS$12.1B−16.3%
6AstraZenecaAZNGB$10.2B+45.3%
7Gilead SciencesGILDUS$8.5B+1,672.9%
8PfizerPFEUS$7.8B−3.2%
9AmgenAMGNUS$7.7B+88.5%
10GSKGSKGB$7.5B+129.0%
11Bristol Myers SquibbBMYUS$7.1B+$16.0B
12HCA HealthcareHCAUS$6.8B+17.8%
13Abbott LaboratoriesABTUS$6.5B−51.3%
14Cigna GroupCIUS$6.0B+73.5%
15Elevance HealthELVUS$5.7B−5.3%
16MedtronicMDTIE$4.8B+3.0%
17McKessonMCKUS$4.8B+44.5%
18Regeneron PharmaceuticalsREGNUS$4.5B+2.1%
19AbbVieABBVUS$4.2B−1.2%
20Vertex PharmaceuticalsVRTXUS$4.0B+$4.5B
21AflacAFLUS$3.6B−33.0%
223MMMMUS$3.3B−22.1%
23StrykerSYKUS$3.2B+8.5%
24Boston ScientificBSXUS$2.9B+56.7%
25Intuitive SurgicalISRGUS$2.9B+23.0%
26ZoetisZTSUS$2.7B+7.5%
27Tenet HealthcareTHCUS$2.4B−41.8%
28GE Healthcare TechnologiesGEHCUS$2.1B+4.6%
29CVS HealthCVSUS$1.8B−61.7%
30Becton DickinsonBDXUS$1.7B−1.6%
31Cardinal HealthCAHUS$1.6B+83.2%
32SolventumSOLVUS$1.6B+224.8%
33CencoraCORUS$1.6B+3.0%
34Universal Health ServicesUHSUS$1.5B+30.4%
35Teva Pharmaceutical IndustriesTEVAIL$1.4B+$3.0B
36ResmedRMDUS$1.4B+37.2%
37IQVIA HoldingsIQVUS$1.4B−0.9%
38United TherapeuticsUTHRUS$1.3B+11.7%
39BiogenBIIBUS$1.3B−20.8%
40IncyteINCYUS$1.3B+3,846.9%
41Principal FinancialPFGUS$1.3B−21.4%
42HumanaHUMUS$1.2B−1.6%
43MedlineMDLNUS$1.2B−0.5%
44Fresenius Medical CareFMSDE$1.1B+89.9%
45DavitaDVAUS$1.1B−13.8%
46Edwards LifesciencesEWUS$1.1B−74.3%
47Idexx LaboratoriesIDXXUS$1.1B+19.3%
48Koninklijke PhilipsPHGNL$1.0B+$1.8B
49Quest DiagnosticsDGXUS$992M+13.9%
50AlconALCUS$980M−3.7%
51GenmabGMABDK$963M−15.0%
52Labcorp HoldingsLHUS$877M+17.6%
53DexcomDXCMUS$836M+45.1%
54ExelixisEXELUS$783M+50.1%
55SterisSTEIE$782M+27.3%
56Royalty PharmaRPRXUS$771M−10.2%
57Unum GroupUNMUS$739M−58.5%
58Zimmer BiometZBHUS$705M−22.0%
59PTC TherapeuticsPTCTUS$683M+$1.0B
60Smith & NephewSNNGB$625M+51.7%
61Encompass HealthEHCUS$566M+24.2%
62Globus MedicalGMEDUS$538M+422.3%
63Community Health SystemsCYHUS$509M+$1.0B
64West Pharmaceutical ServicesWSTUS$494M+0.2%
65Neurocrine BiosciencesNBIXUS$479M+40.2%
66Molina HealthcareMOHUS$472M−60.0%
67HUTCHMED (China)HCMHK$457M+1,111.0%
68Medpace HoldingsMEDPUS$451M+11.6%
69TG TherapeuticsTGTXUS$447M+1,811.1%
70NovavaxNVAXUS$440M+$628M
71QiagenQGENNL$425M+408.3%
72Align TechnologyALGNUS$410M−2.6%
73Acadia PharmaceuticalsACADUS$391M+73.0%
74Cooper CompaniesCOOUS$375M−4.4%
75Rigel PharmaceuticalsRIGLUS$367M+1,999.1%
76Lakefront BiotherapeuticsLKFTBE$363M+352.2%
77Biomarin PharmaceuticalBMRNUS$349M−18.3%
78Ensign GroupENSGUS$344M+15.4%
79Halozyme TherapeuticsHALOUS$317M−28.6%
80Alnylam PharmaceuticalsALNYUS$314M+$592M
81Aurinia PharmaceuticalsAUPHCA$287M+4,851.7%
82Beone MedicinesONCCH$287M+$932M
83Msa SafetyMSAUS$279M−2.1%
84InnovivaINVAUS$271M+1,059.2%
85Biocryst PharmaceuticalsBCRXUS$264M+$353M
86InsuletPODDUS$247M−40.9%
87AlkermesALKSIE$242M−34.2%
88Lantheus HoldingsLNTHUS$234M−25.2%
89IconICLRIE$229M−69.0%
90Cno FinancialCNOUS$229M−45.5%
91HerbalifeHLFKY$228M−10.2%
92Catalyst PharmaceuticalsCPRXUS$214M+30.8%
93Indivior PharmaceuticalsINDVUS$210M+2,900.0%
94Option Care HealthOPCHUS$208M−2.0%
95Krystal BiotechKRYSUS$205M+129.7%
96Bright Horizons Family SolutionsBFAMUS$193M+37.8%
97Pacs GroupPACSUS$192M+243.5%
98Prestige Consumer HealthcarePBHUS$190M−11.3%
99Transmedics GroupTMDXUS$190M+436.1%
100Brightspring Health ServicesBTSGUS$189M+821.6%

All figures from SEC filings · FY2025 · 100

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@misc{companiesranked-en-most-profitable-healthcare-companies-2026,
  author       = {{CompaniesRanked}},
  title        = {{Most profitable healthcare companies}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/most-profitable-healthcare-companies}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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