Top 10 / Top 10 — Health Care
Top 10 — Health Care
The 10 highest scores among covered Health Care companies, rebalanced on the first trading day of each month.
Tracked against the market equal weight · dividends included
SPY is the S&P 500 ETF — the US large-cap market average.
Top 10SPY (dashed)rebalance
+0.9% since 18 Aug 2026, against +1.1% for SPY: 0.2 percentage points behind the market.
Both lines include dividends: each payout is reinvested in the company that paid it, and SPY's payouts are reinvested the same way.
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The 10 members
| # | Company | Why it is here | Score | Pillars | Sector rank | Price | Since entry | In the list since |
|---|---|---|---|---|---|---|---|---|
| 1 | AURINIA PHARMACEUTICALS INC (AUPH) | Profitability 94th (return on equity 49.4%, operating margin 37.1%).Profitability 94th (return on equity 49.4%, operating margin 37.1%) and growth 83rd (3-year revenue CAGR 28.3%, revenue growth year over year 19.8%); weakest is capital return (54th, consecutive years of dividend increases 0 years, net share count bought back over the year 5.1).
Pillar percentiles |
PGHVCT | 1 | 16.22 8 Oct 2026 | +1.1% | 1 Sep 2026 | |
| 2 | Incyte (INCY) | Financial health 86th (debt to equity 0, free cash flow margin 26.3%).Financial health 86th (debt to equity 0, free cash flow margin 26.3%) and profitability 85th (operating margin 29.5%, return on equity 24.9%); weakest is capital return (53rd, consecutive years of dividend increases 0 years, net share count bought back over the year 4.7).
Pillar percentiles |
PGHVCT | 2 | 112.75 8 Oct 2026 | −9.8% | 1 Sep 2026 | |
| 3 | Exelixis (EXEL) | Financial health 94th (debt to equity 0, free cash flow margin 37.7%).Financial health 94th (debt to equity 0, free cash flow margin 37.7%) and profitability 92nd (operating margin 37.6%, return on equity 36.2%); weakest is valuation (51st, price to book 7.9, price to earnings 18.5).
Pillar percentiles |
PGHVCT | 3 | 59.02 8 Oct 2026 | +3.7% | 1 Sep 2026 | |
| 4 | HARMONY BIOSCIENCES HLDG INC (HRMY) | Financial health 86th (free cash flow margin 40.1%, debt to equity 0.2).Financial health 86th (free cash flow margin 40.1%, debt to equity 0.2) and growth 84th (3-year revenue CAGR 25.6%, revenue growth year over year 24.3%); weakest is capital return (23rd, consecutive years of dividend increases 0 years, net share count bought back over the year -1.2).
Pillar percentiles |
PGHVCT | 4 | 39.60 8 Oct 2026 | −4.0% | 1 Sep 2026 | |
| 5 | Medpace (MEDP) | Financial health 90th (debt to equity 0, free cash flow margin 26.9%).Financial health 90th (debt to equity 0, free cash flow margin 26.9%) and profitability 87th (return on equity 98.3%, operating margin 21.1%); weakest is valuation (21st, price to book 38.8, price to earnings 35.4).
Pillar percentiles |
PGHVCT | 5 | 602.70 8 Oct 2026 | +3.3% | 1 Sep 2026 | |
| 6 | Regeneron Pharmaceuticals (REGN)NEW | Capital return 93rd (net share count bought back over the year 5.7).Capital return 93rd (net share count bought back over the year 5.7) and financial health 85th (free cash flow margin 28.4%, debt to equity 0.1); weakest is growth (48th, 3-year revenue CAGR 5.6%, revenue growth year over year 9.3%).
Pillar percentiles |
PGHVCT | 6 | 739.57 8 Oct 2026 | +0.6% | 1 Oct 2026 | |
| 7 | Halozyme (HALO)NEW | Profitability 96th (return on equity 649.2%, operating margin 33.6%).Profitability 96th (return on equity 649.2%, operating margin 33.6%) and growth 91st (revenue growth year over year 41.2%, 3-year revenue CAGR 28.4%); weakest is valuation (24th, price to book 86.8, price to earnings 32.8).
Pillar percentiles |
PGHVCT | 7 | 109.84 8 Oct 2026 | +2.7% | 1 Oct 2026 | |
| 8 | KRYSTAL BIOTECH INC (KRYS) | Financial health 95th (free cash flow margin 48.5%, debt to equity 0).Financial health 95th (free cash flow margin 48.5%, debt to equity 0) and profitability 81st (operating margin 41.5%, return on equity 16.8%); weakest is capital return (25th, consecutive years of dividend increases 0 years, net share count bought back over the year -0.7).
Pillar percentiles |
PGHVCT | 8 | 327.30 8 Oct 2026 | −10.0% | 1 Sep 2026 | |
| 9 | United Therapeutics (UTHR)NEW | Financial health 93rd (debt to equity 0, free cash flow margin 32.7%).Financial health 93rd (debt to equity 0, free cash flow margin 32.7%) and profitability 85th (operating margin 46.9%, return on equity 18.8%); weakest is capital return (40th, consecutive years of dividend increases 0 years, net share count bought back over the year 1.2).
Pillar percentiles |
PGHVCT | 9 | 532.78 8 Oct 2026 | −6.8% | 1 Oct 2026 | |
| 10 | Lilly (Eli) (LLY) | Profitability 97th (return on equity 77.8%).Profitability 97th (return on equity 77.8%) and growth 94th (revenue growth year over year 49.6%, 3-year revenue CAGR 31.7%); weakest is valuation (17th, price to book 32.5, price to earnings 39.3).
Pillar percentiles |
PGHVCT | 11 | 1169.60 8 Oct 2026 | −4.6% | 18 Aug 2026 |
Changes at the 1 Oct 2026 rebalance
Entered
Halozyme (HALO) — Entered 1 Oct 2026: score 66.9, rank 9 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version).
Regeneron Pharmaceuticals (REGN) — Entered 1 Oct 2026: score 67.9, rank 7 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version).
United Therapeutics (UTHR) — Entered 1 Oct 2026: score 68.4, rank 6 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version).
Left
Amgen (AMGN) — Left 1 Oct 2026: score 64.0, rank 16 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
CAREDX INC (CDNA) — Left 1 Oct 2026: score 53.1, rank 68 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
3 of 10 changed at this rebalance. Average 7.0 of 10 per rebalance.
How the score is built
The Top 10 score is a published weighted sum of percentile ranks, rebalanced on the first trading day of each month. A list is a published formula and its output, not a recommendation. Method version 4. Full method → What is the top 10 score? →
Questions
How is the score built?
The Top 10 score is a published weighted sum of percentile ranks, rebalanced on the first trading day of each month. A list is a published formula and its output, not a recommendation. Method version 4. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100.
How often does this list change?
Members are rebalanced on the first trading day of each month. Scores are recomputed nightly, but membership only changes at a scheduled rebalance, or immediately if a company stops being eligible. A member is held while it stays inside the top 15, so a small move in rank does not force a change.
What score does a company need to be in this list?
The cutoff today is 66.5 across 151 ranked Health Care companies. #11 (LLY) is 0.3 below it. A member leaves only if it falls past #15 — 63.9 today.
Why did AMGN leave the list?
Left 1 Oct 2026: score 64.0, rank 16 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
Informational only — NOT financial advice.