U.S. Application Software Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies349
- 7D2.5%
- 3M-8.0%
- 1Y34.0%
- YTDn/a
In the last week, the Application Software industry is up 2.5%, with Salesforce leading the way, up 3.8%. During this same period, the Datadog underperformed, falling 7.2%. This means that the industry has gained 34% over the past year. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the U.S. Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$1.7t | US$197.4b | US$12.6b | 45x | 133.7x | 8.5x |
| Sat, 06 Apr 2024 | US$1.7t | US$195.0b | US$11.3b | 45.3x | 152.8x | 8.9x |
| Mon, 04 Mar 2024 | US$1.9t | US$198.0b | US$11.1b | 47.6x | 167.8x | 9.4x |
| Wed, 31 Jan 2024 | US$1.9t | US$209.5b | US$2.0b | 51.2x | 939.2x | 9x |
| Fri, 29 Dec 2023 | US$1.8t | US$209.4b | US$2.6b | 47.9x | 719.5x | 8.8x |
| Sun, 26 Nov 2023 | US$1.7t | US$206.5b | US$206.4m | 48x | 8125.3x | 8.1x |
| Tue, 24 Oct 2023 | US$1.5t | US$203.9b | -US$1,106,598,221.00 | 43.6x | -1371.5x | 7.4x |
| Thu, 21 Sep 2023 | US$1.6t | US$207.3b | -US$1,847,191,669.00 | 47.7x | -856.9x | 7.6x |
| Sat, 19 Aug 2023 | US$1.5t | US$201.1b | -US$3,887,688,996.00 | 45.1x | -388.5x | 7.5x |
| Mon, 17 Jul 2023 | US$1.6t | US$198.5b | -US$8,149,887,811.00 | 48.3x | -196.4x | 8.1x |
| Wed, 14 Jun 2023 | US$1.5t | US$197.9b | -US$6,125,783,131.00 | 44.2x | -247.3x | 7.7x |
| Fri, 12 May 2023 | US$1.3t | US$195.8b | -US$6,990,394,230.00 | 37.6x | -189.1x | 6.8x |
| Sun, 09 Apr 2023 | US$1.4t | US$196.7b | -US$4,573,067,794.00 | 41.8x | -301.5x | 7x |
| Tue, 07 Mar 2023 | US$1.4t | US$196.6b | -US$5,526,065,812.00 | 44.9x | -245.8x | 6.9x |
| Thu, 02 Feb 2023 | US$1.4t | US$192.8b | -US$5,498,638,271.00 | 41.5x | -249.3x | 7.1x |
| Sat, 31 Dec 2022 | US$1.2t | US$193.0b | -US$5,460,765,753.00 | 39.9x | -217.6x | 6.2x |
| Mon, 28 Nov 2022 | US$1.2t | US$189.7b | -US$4,377,792,038.00 | 45.8x | -279x | 6.4x |
| Wed, 26 Oct 2022 | US$1.3t | US$187.0b | -US$6,291,510,817.00 | 36.4x | -201.5x | 6.8x |
| Fri, 23 Sep 2022 | US$1.2t | US$188.1b | -US$6,017,452,211.00 | 36.4x | -207.5x | 6.6x |
| Sun, 21 Aug 2022 | US$1.5t | US$185.2b | -US$4,366,846,740.00 | 45.2x | -351.4x | 8.3x |
| Tue, 19 Jul 2022 | US$1.3t | US$186.4b | -US$3,626,464,408.00 | 37.4x | -360.9x | 7x |
| Thu, 16 Jun 2022 | US$1.3t | US$186.9b | -US$3,468,184,251.00 | 36.9x | -372.2x | 6.9x |
| Sat, 14 May 2022 | US$1.4t | US$183.7b | -US$3,085,296,870.00 | 41.9x | -446.3x | 7.5x |
| Mon, 11 Apr 2022 | US$1.7t | US$181.7b | -US$2,335,895,788.00 | 35.5x | -711.5x | 9.1x |
| Wed, 09 Mar 2022 | US$1.6t | US$182.2b | -US$1,147,535,849.00 | 36.8x | -1383.1x | 8.7x |
| Fri, 04 Feb 2022 | US$1.8t | US$172.6b | US$107.2m | 41.5x | 16436.5x | 10.2x |
| Sun, 02 Jan 2022 | US$2.0t | US$167.3b | US$1.9b | 47.9x | 1055.5x | 12.2x |
| Tue, 30 Nov 2021 | US$2.2t | US$166.0b | US$2.8b | 46.8x | 810.4x | 13.5x |
| Thu, 28 Oct 2021 | US$2.3t | US$160.5b | US$4.8b | 57x | 485.4x | 14.4x |
| Sat, 25 Sep 2021 | US$2.3t | US$160.1b | US$5.1b | 65.2x | 447.6x | 14.2x |
| Mon, 23 Aug 2021 | US$2.2t | US$158.2b | US$6.6b | 56.1x | 330x | 13.7x |
| Sat, 10 Jul 2021 | US$2.0t | US$151.5b | US$9.8b | 50.1x | 201.9x | 13x |
Price to Earnings Ratio
167.6x
Current Industry PE
- Investors are pessimistic on the American Application Software 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 134x which is lower than its 3-year average PE of 157x.
- The industry is trading close to its 3-year average PS ratio of 9.0x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 6.0% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Application Software compare with similar industries?
| US Market | 3.30% | |
| Tech | 5.57% | |
| Software | 3.48% | |
| Application Software | 2.52% | |
| Systems Software | 3.95% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CRM Salesforce | US$278.97 | 3.8% +US$10.0b | 36.2% | PE65.4x | |
| ADBE Adobe | US$488.10 | 4.0% +US$8.4b | 41.9% | PE45.5x | |
| INTU Intuit | US$632.43 | 2.8% +US$4.8b | 46.6% | PE63.9x | |
| SNPS Synopsys | US$550.49 | 5.4% +US$4.3b | 48.7% | PE59.7x | |
| MSTR MicroStrategy | US$1.23k | 19.9% +US$3.6b | 291.3% | PS44.7x |
