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2874 companies · fiscal year 2025 · SEC EDGAR · September 25, 2026

Largest healthcare companies by total assets

Total assets is everything the company owns at the balance-sheet date. Banks and insurers dominate this measure because customer deposits and policy reserves sit on their balance sheets. 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 321 · Fiscal year 2025 · Data as of September 25, 2026

Principal Financial (PFG) tops the list with $341B in total assets for fiscal 2025, ahead of UnitedHealth Group ($310B) and CVS Health ($254B). The top 10 together report $1.98T in total assets; the gap between #1 and #10 is ×2.93. 321 companies in Healthcare report total assets, 11.3% of the 2836-filer universe. The last place on the list, Icu Medical, comes in at $4.1B.

Total assets
#CompanyTotal assetsYoY15-year trend
1Principal FinancialPFGUS$341B+8.8%
2UnitedHealth GroupUNHUS$310B+3.8%
3CVS HealthCVSUS$254B+0.1%
4PfizerPFEUS$208B−2.5%
5Johnson & JohnsonJNJUS$199B+10.6%
6Cigna GroupCIUS$158B+1.3%
7MerckMRKUS$137B+16.9%
8AbbVieABBVUS$134B−0.9%
9Elevance HealthELVUS$121B+3.9%
10AflacAFLUS$116B−0.9%
11AstraZenecaAZNGB$114B+9.6%
12Eli LillyLLYUS$112B+42.9%
13MedtronicMDTIE$91.5B+1.7%
14AmgenAMGNUS$90.6B−1.4%
15Bristol Myers SquibbBMYUS$90.0B−2.8%
16Abbott LaboratoriesABTUS$86.7B+6.5%
17Novo Nordisk A SNVODK$85.4B+31.7%
18McKessonMCKUS$84.2B+18.4%
19GSKGSKGB$82.3B+10.5%
20CencoraCORUS$78.4B+13.5%
21CenteneCNCUS$76.7B−6.9%
22Unum GroupUNMUS$63.5B+2.5%
23HCA HealthcareHCAUS$60.7B+2.0%
24Gilead SciencesGILDUS$59.0B+0.0%
25Cardinal HealthCAHUS$58.1B+23.6%
26Becton DickinsonBDXUS$54.8B+0.3%
27HumanaHUMUS$48.9B+5.2%
28StrykerSYKUS$47.8B+11.3%
29Boston ScientificBSXUS$43.7B+10.9%
30Teva Pharmaceutical IndustriesTEVAIL$40.7B+3.6%
31Regeneron PharmaceuticalsREGNUS$40.6B+7.4%
32Cno FinancialCNOUS$38.8B+2.5%
33MedlineMDLNUS$38.5B+7.0%
343MMMMUS$37.7B−5.4%
35ViatrisVTRSUS$37.2B−10.4%
36GE Healthcare TechnologiesGEHCUS$36.9B+11.5%
37Fresenius Medical CareFMSDE$36.4B+4.5%
38Koninklijke PhilipsPHGNL$31.7B+5.2%
39AlconALCUS$31.6B+4.0%
40IQVIA HoldingsIQVUS$29.9B+11.3%
41Tenet HealthcareTHCUS$29.7B+2.6%
42BiogenBIIBUS$29.4B+5.0%
43Bausch Health CompaniesBHCCA$26.4B−0.6%
44BiontechBNTXDE$25.8B+10.4%
45Vertex PharmaceuticalsVRTXUS$25.6B+13.8%
46Zimmer BiometZBHUS$23.1B+8.1%
47Intuitive SurgicalISRGUS$20.5B+9.2%
48Baxter InternationalBAXUS$20.1B−22.2%
49Royalty PharmaRPRXUS$19.6B+7.7%
50Labcorp HoldingsLHUS$18.4B+0.1%
51DavitaDVAUS$17.5B+1.1%
52IconICLRIE$16.3B−2.2%
53Quest DiagnosticsDGXUS$16.2B+0.4%
54Molina HealthcareMOHUS$15.6B−0.4%
55Universal Health ServicesUHSUS$15.5B+7.3%
56ZoetisZTSUS$15.5B+8.8%
57SolventumSOLVUS$14.3B−1.1%
58Bausch & LombBLCOCA$14.0B+4.1%
59Edwards LifesciencesEWUS$13.7B+4.9%
60Elanco Animal HealthELANUS$13.4B+5.9%
61Community Health SystemsCYHUS$13.2B−6.0%
62GenmabGMABDK$12.9B+100.7%
63OrganonOGNUS$12.9B−1.8%
64Cooper CompaniesCOOUS$12.4B+1.7%
65ModernaMRNAUS$12.3B−12.8%
66Jazz PharmaceuticalsJAZZIE$11.7B−2.9%
67SterisSTEIE$10.6B+5.8%
68Smith & NephewSNNGB$10.5B+1.0%
69Sinovac BiotechSVACN$8.5B−30.8%
70PerrigoPRGOIE$8.5B−11.5%
71ResmedRMDUS$8.5B+19.1%
72Beone MedicinesONCCH$8.2B+38.3%
73Surgery PartnersSGRYUS$8.1B+2.9%
74United TherapeuticsUTHRUS$7.9B+7.0%
75Biomarin PharmaceuticalBMRNUS$7.6B+8.7%
76Charles River Laboratories InternationalCRLUS$7.1B−5.2%
77Encompass HealthEHCUS$7.1B+8.5%
78IncyteINCYUS$7.0B+27.8%
79TeleflexTFXUS$6.9B−2.1%
80Brightspring Health ServicesBTSGUS$6.4B+8.2%
81DexcomDXCMUS$6.3B−2.2%
82Oscar HealthOSCRUS$6.3B+30.7%
83QiagenQGENNL$6.3B+10.4%
84Align TechnologyALGNUS$6.2B+0.3%
85Brookdale Senior LivingBKDUS$6.0B−6.1%
86Exact SciencesEXASUS$5.9B−1.1%
87QuidelorthoQDELUS$5.8B−10.2%
88Envista HoldingsNVSTUS$5.7B+6.1%
89Pacs GroupPACSUS$5.6B+6.5%
90Acadia HealthcareACHCUS$5.5B−7.2%
91Ensign GroupENSGUS$5.5B+17.0%
92Dentsply SironaXRAYUS$5.4B−5.6%
93Globus MedicalGMEDUS$5.3B+1.0%
94Ardent HealthARDTUS$5.3B+6.7%
95Alnylam PharmaceuticalsALNYUS$5.0B+17.1%
96Neurocrine BiosciencesNBIXUS$4.6B+24.5%
97Minimed GroupMMEDUS$4.3B—
98AdapthealthAHCOUS$4.3B−3.8%
99West Pharmaceutical ServicesWSTUS$4.3B+17.2%
100Icu MedicalICUIUS$4.1B−3.6%

All figures from SEC filings · FY2025 · 100

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{{cite web |title=Largest healthcare companies by total assets |url=https://companiesranked.com/en/largest-healthcare-companies-by-total-assets |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Largest healthcare companies by total assets. CompaniesRanked. https://companiesranked.com/en/largest-healthcare-companies-by-total-assets

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

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