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Canadian (TSX) Industrials Sector Analysis

UpdatedJul 15, 2025
DataAggregated Company Financials
Companies106
  • 7D2.7%
  • 3M13.4%
  • 1Y9.7%
  • YTD9.8%

In the last week, the Industrials industry is up 2.7%, with Thomson Reuters up 6.8%. In the last 12 months, the industry was up 9.7%. As for the next few years, earnings are expected to grow by 13% per annum.

Sector Valuation and Performance

Has the Canadian Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Jul 2025CA$522.6bCA$202.2bCA$16.6b23.1x31.4x2.6x
Thu, 12 Jun 2025CA$509.9bCA$201.9bCA$16.6b19.9x30.7x2.5x
Sat, 10 May 2025CA$484.6bCA$202.0bCA$15.8b20.1x30.6x2.4x
Mon, 07 Apr 2025CA$452.1bCA$200.2bCA$15.8b18.8x28.6x2.3x
Wed, 05 Mar 2025CA$490.3bCA$200.4bCA$15.9b20.4x30.9x2.4x
Fri, 31 Jan 2025CA$501.7bCA$199.4bCA$17.8b21.8x28.2x2.5x
Sun, 29 Dec 2024CA$489.7bCA$199.1bCA$17.6b21.2x27.8x2.5x
Tue, 26 Nov 2024CA$494.4bCA$197.8bCA$17.5b22.4x28.2x2.5x
Thu, 24 Oct 2024CA$490.2bCA$195.7bCA$17.2b23.2x28.5x2.5x
Sat, 21 Sep 2024CA$491.5bCA$194.5bCA$17.2b22.1x28.6x2.5x
Mon, 19 Aug 2024CA$471.1bCA$192.3bCA$17.1b22.5x27.5x2.4x
Wed, 17 Jul 2024CA$479.9bCA$167.2bCA$16.9b23.2x28.5x2.9x
Fri, 14 Jun 2024CA$470.0bCA$167.5bCA$16.9b21.5x27.9x2.8x
Sun, 12 May 2024CA$481.2bCA$166.8bCA$17.4b21x27.7x2.9x
Tue, 09 Apr 2024CA$482.6bCA$164.8bCA$17.9b20.2x27x2.9x
Thu, 07 Mar 2024CA$482.0bCA$164.4bCA$17.8b19.6x27.1x2.9x
Sat, 03 Feb 2024CA$469.9bCA$166.2bCA$16.6b20.2x28.3x2.8x
Mon, 01 Jan 2024CA$451.5bCA$164.4bCA$16.1b19.4x28.1x2.7x
Wed, 29 Nov 2023CA$415.4bCA$163.3bCA$15.7b18.6x26.4x2.5x
Fri, 27 Oct 2023CA$392.0bCA$161.3bCA$15.3b16.7x25.5x2.4x
Sun, 24 Sep 2023CA$416.5bCA$160.6bCA$15.8b17.6x26.4x2.6x
Tue, 22 Aug 2023CA$424.3bCA$160.8bCA$15.8b14.5x26.9x2.6x
Thu, 20 Jul 2023CA$423.3bCA$156.8bCA$13.7b18.9x30.8x2.7x
Sat, 17 Jun 2023CA$421.4bCA$157.0bCA$13.8b19.3x30.6x2.7x
Mon, 15 May 2023CA$428.7bCA$157.4bCA$13.8b18.9x31.2x2.7x
Wed, 12 Apr 2023CA$420.5bCA$153.6bCA$13.8b19.3x30.5x2.7x
Fri, 10 Mar 2023CA$419.9bCA$153.9bCA$14.1b17.1x29.7x2.7x
Sun, 05 Feb 2023CA$417.9bCA$150.1bCA$13.7b17.3x30.6x2.8x
Tue, 03 Jan 2023CA$397.2bCA$149.3bCA$12.7b16.8x31.2x2.7x
Thu, 01 Dec 2022CA$420.1bCA$149.2bCA$12.7b16.7x33x2.8x
Sat, 29 Oct 2022CA$392.5bCA$145.5bCA$11.9b14.3x32.9x2.7x
Mon, 26 Sep 2022CA$372.9bCA$143.4bCA$11.6b14.5x32.2x2.6x
Wed, 24 Aug 2022CA$400.5bCA$141.9bCA$11.5b15.3x34.7x2.8x
Fri, 22 Jul 2022CA$379.1bCA$136.2bCA$13.2b15.1x28.8x2.8x
Price to Earnings Ratio

28.8x


Total Market Cap: CA$379.1bTotal Earnings: CA$13.2bTotal Revenue: CA$136.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Industrials Sector Price to Earnings3Y Average 29.3x202320242025
Current Industry PE
  • Investors are relatively neutral on the Canadian Industrials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 29.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 8.1% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Canadian Industrials sector?

CA Market0.99%
Industrials2.68%
Professional Services6.79%
Infrastructure4.22%
Airlines2.84%
Industrials2.36%
Trade Distributors2.00%
Transportation1.57%
Construction1.47%
Commercial Services1.04%
Electrical0.92%
Aerospace & Defense0.82%
Marine and Shipping0.43%
Machinery0.37%
Logistics-1.29%
Building-2.48%
Industry PE
  • Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 29.5x.
    • Analysts are expecting annual earnings growth of 49.5%, which is higher than its past year's earnings decline of 57.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Machinery industry, expecting annual earnings growth of 84% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Infrastructure industry is expected to see its earnings decline by 6.3% 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
TRI Thomson ReutersCA$293.536.8%
+CA$8.4b		30.9%PE44.9x
CP Canadian Pacific Kansas CityCA$111.222.2%
+CA$2.2b		-2.6%PE26.9x
CNR Canadian National RailwayCA$142.391.2%
+CA$1.1b		-14.3%PE19.9x
BBD.B BombardierCA$161.965.8%
+CA$871.0m		70.0%PE42.4x
WSP WSP GlobalCA$284.971.2%
+CA$452.9m		28.5%PE53.2x

Latest News

RCH
CA$35.88
Richelieu Hardware
7D
-1.6%
1Y
-7.6%
HPS.A
CA$119.46
Hammond Power Solutions
7D
-5.9%
1Y
19.8%

Is There An Opportunity With Hammond Power Solutions Inc.'s (TSE:HPS.A) 26% Undervaluation?

Jul 13
Is There An Opportunity With Hammond Power Solutions Inc.'s (TSE:HPS.A) 26% Undervaluation?
CNR
CA$142.39
Canadian National Railway
7D
1.2%
1Y
-14.3%

Canadian National Railway (TSE:CNR) Has A Pretty Healthy Balance Sheet

Jul 12
Canadian National Railway (TSE:CNR) Has A Pretty Healthy Balance Sheet
WSP
CA$284.97
WSP Global
7D
1.2%
1Y
28.5%

Is It Time To Consider Buying WSP Global Inc. (TSE:WSP)?

Jul 11
Is It Time To Consider Buying WSP Global Inc. (TSE:WSP)?
MTL
CA$14.04
Mullen Group
7D
-2.8%
1Y
4.5%
TRI
CA$293.53
Thomson Reuters
7D
6.8%
1Y
30.9%
STN
CA$153.21
Stantec
7D
2.3%
1Y
31.8%
EFN
CA$35.49
Element Fleet Management
7D
2.4%
1Y
37.0%
TFII
CA$123.24
TFI International
7D
-0.9%
1Y
-42.0%
TIH
CA$128.83
Toromont Industries
7D
3.3%
1Y
4.0%

A Look At The Fair Value Of Toromont Industries Ltd. (TSE:TIH)

Jul 08
A Look At The Fair Value Of Toromont Industries Ltd. (TSE:TIH)
BBD.B
CA$161.96
Bombardier
7D
5.8%
1Y
70.0%
CP
CA$111.22
Canadian Pacific Kansas City
7D
2.2%
1Y
-2.6%
NFI
CA$18.19
NFI Group
7D
-2.6%
1Y
10.1%
BYD
CA$212.00
Boyd Group Services
7D
-0.9%
1Y
-17.2%
MAL
CA$18.30
Magellan Aerospace
7D
-3.5%
1Y
124.0%
CAE
CA$40.40
CAE
7D
-0.6%
1Y
57.3%