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U.S. Industrials Sector Analysis

UpdatedMar 29, 2024
DataAggregated Company Financials
Companies984
  • 7D0.2%
  • 3M11.0%
  • 1Y27.2%
  • YTD11.9%

The Industrials industry is up 1.3% in the last week, with FedEx up 9.4%. This means that the industry has gained 27% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

Has the U.S. Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 Mar 2024US$5.4tUS$2.6tUS$172.6b23.8x31x2x
Sun, 25 Feb 2024US$5.1tUS$2.7tUS$174.3b23.2x29.2x1.9x
Tue, 23 Jan 2024US$4.9tUS$2.7tUS$184.2b21.1x26.7x1.8x
Thu, 21 Dec 2023US$4.9tUS$2.7tUS$182.7b21.1x26.8x1.8x
Sat, 18 Nov 2023US$4.5tUS$2.7tUS$181.9b19.3x24.8x1.7x
Mon, 16 Oct 2023US$4.4tUS$2.7tUS$192.6b17.8x22.8x1.6x
Wed, 13 Sep 2023US$4.5tUS$2.7tUS$189.4b18.3x24x1.7x
Fri, 11 Aug 2023US$4.7tUS$2.7tUS$189.1b18.9x24.7x1.7x
Sun, 09 Jul 2023US$4.5tUS$2.7tUS$185.6b17.9x24.4x1.7x
Tue, 06 Jun 2023US$4.3tUS$2.7tUS$183.0b17.3x23.5x1.6x
Thu, 04 May 2023US$4.2tUS$2.7tUS$186.2b17.7x22.7x1.6x
Sat, 01 Apr 2023US$4.3tUS$2.6tUS$166.2b18.9x25.9x1.6x
Mon, 27 Feb 2023US$4.1tUS$2.6tUS$161.6b18.8x25.2x1.6x
Wed, 25 Jan 2023US$4.1tUS$2.5tUS$162.2b18.6x25.2x1.6x
Fri, 23 Dec 2022US$4.0tUS$2.5tUS$153.4b17.2x25.8x1.6x
Sun, 20 Nov 2022US$4.0tUS$2.5tUS$152.4b17.9x26.5x1.6x
Tue, 18 Oct 2022US$3.5tUS$2.4tUS$146.9b16x23.7x1.5x
Thu, 15 Sep 2022US$3.8tUS$2.4tUS$146.4b16.4x26x1.6x
Sat, 13 Aug 2022US$4.1tUS$2.4tUS$145.1b18.5x28.4x1.7x
Mon, 11 Jul 2022US$3.6tUS$2.3tUS$143.7b16.4x25.3x1.6x
Wed, 08 Jun 2022US$4.0tUS$2.3tUS$144.8b18.5x27.6x1.7x
Fri, 06 May 2022US$4.0tUS$2.3tUS$144.5b18x27.6x1.7x
Sun, 03 Apr 2022US$4.4tUS$2.3tUS$150.1b20.6x29x1.9x
Tue, 01 Mar 2022US$4.3tUS$2.2tUS$152.0b21.2x28.2x1.9x
Thu, 27 Jan 2022US$4.2tUS$2.2tUS$133.4b22.2x31.8x1.9x
Sat, 25 Dec 2021US$4.5tUS$2.2tUS$142.3b24x31.9x2.1x
Mon, 22 Nov 2021US$4.7tUS$2.1tUS$141.9b24.5x32.9x2.2x
Wed, 20 Oct 2021US$4.5tUS$2.1tUS$123.9b25.4x36.3x2.2x
Fri, 17 Sep 2021US$4.4tUS$2.1tUS$124.0b25x35.2x2.1x
Sun, 15 Aug 2021US$4.5tUS$2.1tUS$122.8b24.9x36.3x2.2x
Thu, 10 Jun 2021US$4.4tUS$1.9tUS$93.1b29.2x47x2.3x
Price to Earnings Ratio

47.6x


Total Market Cap: US$4.1tTotal Earnings: US$86.4bTotal Revenue: US$1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrials Sector Price to Earnings3Y Average 29.4x202220232024
Current Industry PE
  • Investors are relatively neutral on the American 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 29.4x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 12% 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 sector?

US Market0.17%
Industrials0.25%
Infrastructure3.60%
Airlines3.00%
Aerospace & Defense1.72%
Construction1.42%
Commercial Services1.36%
Marine and Shipping1.25%
Machinery0.54%
Professional Services0.35%
Logistics0.21%
Industrials0.039%
Electrical-0.007%
Building-0.67%
Trade Distributors-0.72%
Transportation-1.79%
Industry PE
  • Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 41.0x.
    • Analysts are expecting annual earnings growth of 15.7%, which is lower than the prior year's growth of 122.9% per year.
  • Investors are most pessimistic about the Airlines industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 27% over the next 5 years.
  • However this is lower than its past earnings growth rate of 52% per year.
  • In contrast, the Trade Distributors industry is expected to see its earnings grow by 7.6% 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
FDX FedExUS$289.749.4%
+US$6.1b
29.1%PE16.2x
CTAS CintasUS$687.037.0%
+US$4.6b
46.9%PE46.5x
RTX RTXUS$97.533.5%
+US$4.3b
0.2%PE40.5x
DE DeereUS$410.743.3%
+US$3.6b
1.7%PE11.5x
BA BoeingUS$192.992.8%
+US$3.2b
-8.6%PS1.5x
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Latest News

CTAS

US$687.03

Cintas

7D

7.0%

1Y

46.9%

CSX

US$37.07

CSX

7D

-2.1%

1Y

25.7%

HON

US$205.25

Honeywell International

7D

1.9%

1Y

8.5%

UNP

US$245.93

Union Pacific

7D

-0.9%

1Y

24.0%

DE

US$410.74

Deere

7D

3.3%

1Y

1.7%

FDX

US$289.74

FedEx

7D

9.4%

1Y

29.1%

RTX

US$97.53

RTX

7D

3.5%

1Y

0.2%

UBER

US$76.99

Uber Technologies

7D

-4.1%

1Y

146.8%