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U.S. Professional Services Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies149
  • 7D1.2%
  • 3M-1.3%
  • 1Y11.6%
  • YTD1.9%

Equifax is up 6.2%, leading the way for the Professional Services industry, which has gained 1.2%. This means that the industry has gained 12% over the past year. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the U.S. Professional Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024US$507.9bUS$238.6bUS$11.9b26.3x42.7x2.1x
Sat, 06 Apr 2024US$495.8bUS$233.7bUS$11.4b26.5x43.4x2.1x
Mon, 04 Mar 2024US$509.4bUS$232.9bUS$11.4b27x44.6x2.2x
Wed, 31 Jan 2024US$512.2bUS$237.2bUS$12.8b26.6x40x2.2x
Fri, 29 Dec 2023US$503.6bUS$237.0bUS$12.7b26.3x39.5x2.1x
Sun, 26 Nov 2023US$481.1bUS$237.0bUS$12.2b24.3x39.4x2x
Tue, 24 Oct 2023US$477.6bUS$239.1bUS$9.5b21.1x50.3x2x
Thu, 21 Sep 2023US$482.5bUS$230.9bUS$9.7b22.6x49.9x2.1x
Sat, 19 Aug 2023US$491.7bUS$234.3bUS$9.2b22.8x53.6x2.1x
Mon, 17 Jul 2023US$471.2bUS$230.3bUS$9.1b20.8x51.5x2x
Wed, 14 Jun 2023US$487.3bUS$231.9bUS$9.5b22.4x51.3x2.1x
Fri, 12 May 2023US$450.5bUS$231.7bUS$9.8b20.9x46x1.9x
Sun, 09 Apr 2023US$453.5bUS$228.5bUS$10.7b23.4x42.5x2x
Tue, 07 Mar 2023US$261.0bUS$163.4bUS$3.3b19.4x79x1.6x
Thu, 02 Feb 2023US$267.6bUS$161.7bUS$3.2b21.1x83.7x1.7x
Sat, 31 Dec 2022US$252.1bUS$161.1bUS$3.4b20.1x73.2x1.6x
Mon, 28 Nov 2022US$262.5bUS$160.8bUS$4.1b20.4x63.6x1.6x
Wed, 26 Oct 2022US$242.2bUS$152.0bUS$8.2b17.7x29.4x1.6x
Fri, 23 Sep 2022US$238.5bUS$153.4bUS$8.2b17.1x28.9x1.6x
Sun, 21 Aug 2022US$267.4bUS$153.2bUS$8.3b18.4x32.3x1.7x
Tue, 19 Jul 2022US$247.7bUS$151.2bUS$7.4b17.2x33.7x1.6x
Thu, 16 Jun 2022US$239.2bUS$151.4bUS$7.4b15.6x32.2x1.6x
Sat, 14 May 2022US$256.5bUS$152.6bUS$7.8b16.6x32.7x1.7x
Mon, 11 Apr 2022US$289.4bUS$148.3bUS$7.3b19.7x39.8x2x
Wed, 09 Mar 2022US$306.6bUS$150.6bUS$10.8b19.5x28.5x2x
Fri, 04 Feb 2022US$328.0bUS$155.7bUS$8.0b23x40.9x2.1x
Sun, 02 Jan 2022US$372.5bUS$154.5bUS$7.3b25.1x50.9x2.4x
Tue, 30 Nov 2021US$369.7bUS$154.0bUS$7.4b24x50.1x2.4x
Thu, 28 Oct 2021US$361.7bUS$150.6bUS$7.4b23.6x48.9x2.4x
Sat, 25 Sep 2021US$359.1bUS$148.7bUS$7.1b25.7x50.5x2.4x
Mon, 23 Aug 2021US$349.5bUS$149.2bUS$7.1b25.1x49.1x2.3x
Sat, 10 Jul 2021US$340.7bUS$147.7bUS$7.2b23.4x47.4x2.3x
Price to Earnings Ratio

49.8x


Total Market Cap: US$332.0bTotal Earnings: US$6.7bTotal Revenue: US$142.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Professional Services Industry Price to Earnings3Y Average 46.9x202220232024
Current Industry PE
  • Investors are pessimistic on the American Professional Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 42.7x which is lower than its 3-year average PE of 46.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 19% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market3.30%
Industrials2.70%
Professional Services1.23%
Research and Consulting Services2.39%
HR Services-0.42%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry even though it's trading below its 3-year average PE ratio of 159x.
    • Analysts are expecting annual earnings growth of 25.3%, which is higher than its past year's earnings decline of 0.5% per year.
  • Investors are most pessimistic about the HR Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 30.6x.
Forecasted Growth
  • Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings decline of 0.5% per year.
  • In contrast, the HR Services industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
EFX EquifaxUS$234.306.2%
+US$1.7b
15.2%PE51.9x
VRSK Verisk AnalyticsUS$244.575.1%
+US$1.7b
14.0%PE44x
PCTY Paylocity HoldingUS$168.2812.8%
+US$1.1b
-0.1%PE48.6x
PAYX PaychexUS$121.191.5%
+US$640.7m
11.6%PE26.3x
TRU TransUnionUS$77.804.3%
+US$619.6m
17.9%PS3.9x
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LZ

US$9.28

LegalZoom.com

7D

-23.7%

1Y

-10.9%

PAYC

US$172.28

Paycom Software

7D

-7.5%

1Y

-36.9%

ALIT

US$7.78

Alight

7D

-13.5%

1Y

-8.8%

CLVT

US$6.16

Clarivate

7D

-11.2%

1Y

-23.6%

J

US$138.51

Jacobs Solutions

7D

-3.3%

1Y

20.8%

EFX

US$234.30

Equifax

7D

6.2%

1Y

15.2%

LDOS

US$145.50

Leidos Holdings

7D

2.3%

1Y

81.7%

TRU

US$77.80

TransUnion

7D

4.3%

1Y

17.9%

VRSK

US$244.57

Verisk Analytics

7D

5.1%

1Y

14.0%

PCTY

US$168.28

Paylocity Holding

7D

12.8%

1Y

-0.1%

VRRM

US$26.87

Verra Mobility

7D

13.4%

1Y

55.3%

BAH

US$151.07

Booz Allen Hamilton Holding

7D

2.5%

1Y

62.0%

TIXT

US$7.77

TELUS International (Cda)

7D

-6.0%

1Y

-55.7%