# SIC Major Group 38

Informational only - not investment advice.

SIC major group 38. Parent division: [Manufacturing](/division/D/). As of: 2026-05-29

## Industries
- [SIC 3812](/industry/3812/): Search, Detection, Navigation, Guidance, Aeronautical Sys
- [SIC 3822](/industry/3822/): Auto Controls For Regulating Residential & Comml Environments
- [SIC 3823](/industry/3823/): Industrial Instruments For Measurement, Display, and Control
- [SIC 3825](/industry/3825/): Instruments For Meas & Testing of  Electricity & Elec Signals
- [SIC 3826](/industry/3826/): Laboratory Analytical Instruments
- [SIC 3827](/industry/3827/): Optical Instruments & Lenses
- [SIC 3829](/industry/3829/): Measuring & Controlling Devices, NEC
- [SIC 3841](/industry/3841/): Surgical & Medical Instruments & Apparatus
- [SIC 3842](/industry/3842/): Orthopedic, Prosthetic & Surgical Appliances & Supplies
- [SIC 3844](/industry/3844/): X-Ray Apparatus & Tubes & Related Irradiation Apparatus
- [SIC 3845](/industry/3845/): Electromedical & Electrotherapeutic Apparatus
- [SIC 3851](/industry/3851/): Ophthalmic Goods

## Macro Context
- [INDPRO](/indicator/INDPRO/): Industrial Production: Total Index
- [TCU](/indicator/TCU/): Capacity Utilization: Total Index
- [PPIACO](/indicator/PPIACO/): Producer Price Index by Commodity: All Commodities
- [GDPC1](/indicator/GDPC1/): Real Gross Domestic Product
- [DGS10](/indicator/DGS10/): Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity
- [FEDFUNDS](/indicator/FEDFUNDS/): Federal Funds Effective Rate
- [CES0500000003](/indicator/CES0500000003/): Average Hourly Earnings of All Employees, Total Private
- [PAYEMS](/indicator/PAYEMS/): All Employees, Total Nonfarm

## Sector financials

Peer figures are build-time aggregates of the SEC companyfacts financials already shown on member company pages. As of latest member filing date: 2026-05-29.

| Companies with data | Companies with revenue | Aggregate revenue | Median revenue | Median net margin | Median operating margin | Median revenue growth | Median diluted EPS |
| ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| 39 | 39 | 467,234,463,000 | 7,245,519,000 | 14.41% | 18.56% | 6.86% | 5.82 |

### Peer Table

| Company | Latest revenue | Revenue FY | Net margin | Operating margin | Revenue growth | Diluted EPS |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| [TMO](/company/TMO/) - THERMO FISHER SCIENTIFIC INC. | 44,556,000,000 | 2025 | 15.05% | 17.38% | 3.91% | 17.74 |
| [NOC](/company/NOC/) - NORTHROP GRUMMAN CORP /DE/ | 41,954,000,000 | 2025 | 9.97% | 10.75% | 2.24% | 29.08 |
| [MDT](/company/MDT/) - Medtronic plc | 33,537,000,000 | 2025 | 13.90% | 17.76% | 3.62% | 3.61 |
| [SYK](/company/SYK/) - STRYKER CORP | 25,116,000,000 | 2025 | 12.92% | 19.47% | 11.16% | 8.40 |
| [MMM](/company/MMM/) - 3M CO | 24,948,000,000 | 2025 | 13.03% | 18.55% | 1.52% | 6.00 |
| [DHR](/company/DHR/) - DANAHER CORP /DE/ | 24,568,000,000 | 2025 | 14.71% | 19.09% | 2.90% | 5.05 |
| [BDX](/company/BDX/) - BECTON DICKINSON & CO | 21,840,000,000 | 2025 | 7.68% | 11.81% | 8.24% | 5.82 |
| [LHX](/company/LHX/) - L3HARRIS TECHNOLOGIES, INC. /DE/ | 21,325,000,000 | 2025 | 7.04% | 8.99% |  | 8.53 |
| [TT](/company/TT/) - Trane Technologies plc | 21,321,900,000 | 2025 | 13.69% | 18.61% | 7.48% | 12.98 |
| [GEHC](/company/GEHC/) - GE HealthCare Technologies Inc. | 20,625,000,000 | 2025 | 10.10% | 13.40% | 4.84% | 4.55 |
| [BSX](/company/BSX/) - BOSTON SCIENTIFIC CORP | 20,074,000,000 | 2025 | 14.41% | 18.00% | 19.87% | 1.94 |
| [KLAC](/company/KLAC/) - KLA CORP | 12,156,162,000 | 2025 | 33.41% |  | 23.89% | 30.37 |
| [BAX](/company/BAX/) - BAXTER INTERNATIONAL INC | 11,244,000,000 | 2025 | -8.51% | -2.74% | 5.72% | -1.87 |
| [ISRG](/company/ISRG/) - INTUITIVE SURGICAL INC | 10,064,700,000 | 2025 | 28.38% | 29.27% | 20.51% | 7.87 |
| [ROK](/company/ROK/) - ROCKWELL AUTOMATION, INC | 8,342,000,000 | 2025 | 10.42% | 20.41% | 0.94% | 7.67 |
| [SOLV](/company/SOLV/) - Solventum Corp | 8,325,000,000 | 2025 | 18.69% | 26.20% | 0.86% | 8.88 |
| [ZBH](/company/ZBH/) - ZIMMER BIOMET HOLDINGS, INC. | 8,231,500,000 | 2025 | 8.57% | 13.34% | 7.20% | 3.55 |
| [ROP](/company/ROP/) - ROPER TECHNOLOGIES INC | 7,902,500,000 | 2025 | 19.44% | 28.29% | 12.26% | 14.20 |
| [AME](/company/AME/) - AMETEK INC/ | 7,401,116,000 | 2025 | 20.00% | 25.81% | 6.63% | 6.40 |
| [GRMN](/company/GRMN/) - GARMIN LTD | 7,245,519,000 | 2025 | 22.96% | 25.89% | 15.06% | 8.59 |
| [A](/company/A/) - AGILENT TECHNOLOGIES, INC. | 6,948,000,000 | 2025 | 18.75% | 21.29% | 6.73% | 4.57 |
| [TDY](/company/TDY/) - TELEDYNE TECHNOLOGIES INC | 6,115,400,000 | 2025 | 14.63% | 18.80% | 7.86% | 18.88 |
| [EW](/company/EW/) - Edwards Lifesciences Corp | 6,067,600,000 | 2025 | 17.69% | 20.84% | 11.55% | 1.83 |
| [STE](/company/STE/) - STERIS plc | 5,935,900,000 | 2026 | 13.18% | 18.56% | 8.73% | 7.93 |
| [COHR](/company/COHR/) - COHERENT CORP. | 5,810,115,000 | 2025 | 0.85% | 2.04% | 23.42% | -0.52 |
| [VLTO](/company/VLTO/) - Veralto Corp | 5,503,000,000 | 2025 | 17.08% | 23.21% | 5.97% | 3.76 |
| [KEYS](/company/KEYS/) - Keysight Technologies, Inc. | 5,375,000,000 | 2025 | 15.81% | 16.30% | 7.95% | 4.91 |
| [RMD](/company/RMD/) - RESMED INC | 5,146,327,000 | 2025 | 27.22% | 32.75% | 9.84% | 9.51 |
| [DXCM](/company/DXCM/) - DEXCOM INC | 4,662,000,000 | 2025 | 17.94% | 19.56% | 15.60% | 2.09 |
| [FTV](/company/FTV/) - Fortive Corp | 4,159,100,000 | 2025 | 13.93% | 17.32% | 1.92% | 1.73 |
| [COO](/company/COO/) - COOPER COMPANIES, INC. | 4,092,400,000 | 2025 | 9.16% | 16.69% | 5.06% | 1.87 |
| [ALGN](/company/ALGN/) - ALIGN TECHNOLOGY INC | 4,034,964,000 | 2025 | 10.17% | 13.53% | 0.90% | 5.65 |
| [MTD](/company/MTD/) - METTLER TOLEDO INTERNATIONAL INC/ | 4,026,399,000 | 2025 | 21.59% |  | 3.98% | 42.05 |
| [TRMB](/company/TRMB/) - TRIMBLE INC. | 3,587,300,000 | 2026 | 11.82% | 16.50% | -2.61% | 1.76 |
| [TER](/company/TER/) - TERADYNE, INC | 3,190,024,000 | 2025 | 17.37% | 20.38% | 13.13% | 3.47 |
| [WAT](/company/WAT/) - WATERS CORP /DE/ | 3,165,286,000 | 2025 | 20.30% | 25.36% | 6.99% | 10.76 |
| [WST](/company/WST/) - WEST PHARMACEUTICAL SERVICES INC | 3,074,100,000 | 2025 | 16.06% | 19.03% | 6.25% | 6.79 |
| [RVTY](/company/RVTY/) - REVVITY, INC. | 2,856,051,000 | 2025 | 8.45% | 12.49% | 3.67% | 2.07 |
| [PODD](/company/PODD/) - INSULET CORP | 2,708,100,000 | 2025 | 9.12% | 17.50% | 30.73% | 3.48 |

## Sources
Macro data:
- [INDPRO](https://fred.stlouisfed.org/series/INDPRO): FRED series INDPRO, source: Board of Governors of the Federal Reserve System
- [TCU](https://fred.stlouisfed.org/series/TCU): FRED series TCU, source: Board of Governors of the Federal Reserve System
- [PPIACO](https://fred.stlouisfed.org/series/PPIACO): FRED series PPIACO, source: U.S. Bureau of Labor Statistics
- [GDPC1](https://fred.stlouisfed.org/series/GDPC1): FRED series GDPC1, source: U.S. Bureau of Economic Analysis
- [DGS10](https://fred.stlouisfed.org/series/DGS10): FRED series DGS10, source: Board of Governors / U.S. Treasury market data
- [FEDFUNDS](https://fred.stlouisfed.org/series/FEDFUNDS): FRED series FEDFUNDS, source: Board of Governors of the Federal Reserve System
- [CES0500000003](https://fred.stlouisfed.org/series/CES0500000003): FRED series CES0500000003, source: U.S. Bureau of Labor Statistics
- [PAYEMS](https://fred.stlouisfed.org/series/PAYEMS): FRED series PAYEMS, source: U.S. Bureau of Labor Statistics

SEC data: