iRhythm Technologies Inc (NASDAQ:IRTC) — Market Cap & Net Worth
Market Cap & Net Worth: iRhythm Technologies Inc (IRTC)
iRhythm Technologies Inc (NASDAQ:IRTC) has a market capitalization of $3.65 Billion ($3.65 Billion) as of August 3, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #4303 globally and #1491 in its home market, demonstrating a 8.82% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying iRhythm Technologies Inc's stock price $117.17 by its total outstanding shares 32862408 (32.86 Million). See iRhythm Technologies Inc (IRTC) reinvestment ratio to understand how much of operating cash flow is reinvested back into capital assets.
iRhythm Technologies Inc Market Cap History: 2016 to 2026
iRhythm Technologies Inc's market capitalization history from 2016 to 2026. Data shows growth from $985.87 Million to $3.85 Billion (16.61% CAGR).
Index Memberships
iRhythm Technologies Inc is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Health Care
IXHC
|
$2.46 Trillion | 0.15% | #106 of 976 |
|
NASDAQ Composite
IXIC
|
$40.26 Trillion | 0.01% | #500 of 3165 |
Weight: iRhythm Technologies Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
iRhythm Technologies Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how iRhythm Technologies Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
7.80x
iRhythm Technologies Inc's market cap is 7.80 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $985.87 Million | $64.07 Million | -$20.90 Million | 15.39x | N/A |
| 2017 | $1.84 Billion | $99.13 Million | -$29.74 Million | 18.58x | N/A |
| 2018 | $2.28 Billion | $147.28 Million | -$50.38 Million | 15.50x | N/A |
| 2019 | $2.24 Billion | $214.55 Million | -$54.57 Million | 10.43x | N/A |
| 2020 | $7.80 Billion | $265.17 Million | -$43.83 Million | 29.40x | N/A |
| 2021 | $3.87 Billion | $322.82 Million | -$101.36 Million | 11.98x | N/A |
| 2022 | $3.08 Billion | $410.92 Million | -$116.16 Million | 7.49x | N/A |
| 2023 | $3.52 Billion | $492.68 Million | -$123.41 Million | 7.14x | N/A |
| 2024 | $2.96 Billion | $591.84 Million | -$113.29 Million | 5.01x | N/A |
| 2025 | $5.83 Billion | $747.14 Million | -$44.55 Million | 7.80x | N/A |
Competitor Companies of IRTC by Market Capitalization
Companies near iRhythm Technologies Inc in the global market cap rankings as of August 3, 2026.
Key companies related to iRhythm Technologies Inc by market ranking:
- Abbott Laboratories (NYSE:ABT): Ranked #114 globally with a market cap of $183.80 Billion USD.
- Stryker Corporation (NYSE:SYK): Ranked #189 globally with a market cap of $124.64 Billion USD.
- Medtronic plc (SA:MDTC34): Ranked #233 globally with a market cap of $104.84 Billion USD ( R$534.32 Billion BRL).
- Medtronic PLC (NYSE:MDT): Ranked #238 globally with a market cap of $103.60 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #114 | Abbott Laboratories | NYSE:ABT | $183.80 Billion | $105.70 |
| #189 | Stryker Corporation | NYSE:SYK | $124.64 Billion | $325.70 |
| #233 | Medtronic plc | SA:MDTC34 | $104.84 Billion | R$208.39 |
| #238 | Medtronic PLC | NYSE:MDT | $103.60 Billion | $85.39 |
iRhythm Technologies Inc Historical Marketcap From 2016 to 2026
Between 2016 and today, iRhythm Technologies Inc's market cap moved from $985.87 Million to $ 3.85 Billion, with a yearly change of 16.61%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $3.85 Billion | -33.97% |
| 2025 | $5.83 Billion | +96.78% |
| 2024 | $2.96 Billion | -15.76% |
| 2023 | $3.52 Billion | +14.27% |
| 2022 | $3.08 Billion | -20.41% |
| 2021 | $3.87 Billion | -50.39% |
| 2020 | $7.80 Billion | +248.38% |
| 2019 | $2.24 Billion | -2.00% |
| 2018 | $2.28 Billion | +23.96% |
| 2017 | $1.84 Billion | +86.83% |
| 2016 | $985.87 Million | -- |
End of Day Market Cap According to Different Sources
On Aug 2nd, 2026 the market cap of iRhythm Technologies Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.65 Billion USD |
| MoneyControl | $3.65 Billion USD |
| MarketWatch | $3.65 Billion USD |
| marketcap.company | $3.65 Billion USD |
| Reuters | $3.65 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About iRhythm Technologies Inc
iRhythm Holdings, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology that provides ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. The company offers Zio ambulatory cardiac monitoring services, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring s… Read more