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U.S. Industrials Sector Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies1023
  • 7D-0.4%
  • 3M11.6%
  • 1Y16.2%
  • YTD4.1%

Over the last 7 days, the Industrials industry has remained flat, although notably Uber Technologies gained 11%. As for the the longer term, the industry is up 14% over the past 12 months. Looking forward, earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024US$5.0tUS$2.7tUS$174.2b23x28.6x1.9x
Fri, 19 Jan 2024US$4.8tUS$2.7tUS$184.2b20.6x26.3x1.8x
Sun, 17 Dec 2023US$4.9tUS$2.7tUS$182.7b21.2x26.6x1.8x
Tue, 14 Nov 2023US$4.4tUS$2.7tUS$185.1b18.2x23.8x1.6x
Thu, 12 Oct 2023US$4.3tUS$2.7tUS$183.8b18.2x23.7x1.6x
Sat, 09 Sep 2023US$4.6tUS$2.7tUS$189.3b18.3x24x1.7x
Mon, 07 Aug 2023US$4.7tUS$2.7tUS$190.4b19.1x24.6x1.7x
Wed, 05 Jul 2023US$4.6tUS$2.7tUS$185.6b18.3x24.7x1.7x
Fri, 02 Jun 2023US$4.2tUS$2.7tUS$183.1b16.8x22.8x1.6x
Sun, 30 Apr 2023US$4.2tUS$2.7tUS$174.6b17.7x24.3x1.6x
Tue, 28 Mar 2023US$4.2tUS$2.6tUS$166.1b18.3x25x1.6x
Thu, 23 Feb 2023US$4.1tUS$2.6tUS$160.5b19x25.4x1.6x
Sat, 21 Jan 2023US$4.0tUS$2.5tUS$156.3b18.2x25.8x1.6x
Mon, 19 Dec 2022US$4.0tUS$2.5tUS$153.6b17.2x25.8x1.6x
Wed, 16 Nov 2022US$4.1tUS$2.5tUS$152.6b17.8x26.6x1.6x
Fri, 14 Oct 2022US$3.6tUS$2.4tUS$146.4b16.4x24.4x1.5x
Sun, 11 Sep 2022US$3.9tUS$2.4tUS$146.2b17.1x26.8x1.6x
Tue, 09 Aug 2022US$4.0tUS$2.4tUS$145.3b17.6x27.3x1.7x
Thu, 07 Jul 2022US$3.6tUS$2.3tUS$143.7b16.2x24.9x1.5x
Sat, 04 Jun 2022US$3.9tUS$2.3tUS$144.9b18.1x27.1x1.7x
Mon, 02 May 2022US$4.0tUS$2.3tUS$148.8b18.5x26.7x1.7x
Wed, 30 Mar 2022US$4.4tUS$2.3tUS$152.1b21.4x29.1x2x
Fri, 25 Feb 2022US$4.2tUS$2.2tUS$153.3b21.1x27.1x1.9x
Sun, 23 Jan 2022US$4.3tUS$2.2tUS$137.4b22.4x31.4x2x
Tue, 21 Dec 2021US$4.4tUS$2.2tUS$142.4b22.9x30.7x2x
Thu, 18 Nov 2021US$4.7tUS$2.1tUS$140.9b24.8x33.4x2.2x
Sat, 16 Oct 2021US$4.4tUS$2.1tUS$123.8b25.3x35.8x2.1x
Mon, 13 Sep 2021US$4.4tUS$2.1tUS$122.5b23.8x35.9x2.1x
Wed, 11 Aug 2021US$4.5tUS$2.1tUS$122.8b25x36.6x2.2x
Sun, 06 Jun 2021US$4.4tUS$1.9tUS$93.1b29.2x47x2.3x
Wed, 10 Mar 2021US$3.7tUS$1.8tUS$69.0b29.4x53.7x2.1x
Price to Earnings Ratio

53.7x


Total Market Cap: US$3.7tTotal Earnings: US$69.0bTotal Revenue: US$1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrials Sector Price to Earnings3Y Average 30.1x202220232024
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 30.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 36% 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 U.S. Industrials sector?

US Market-0.46%
Industrials-0.39%
Industrials1.42%
Logistics1.39%
Professional Services0.77%
Airlines0.56%
Infrastructure0.35%
Aerospace & Defense0.23%
Commercial Services0.17%
Trade Distributors0.024%
Marine and Shipping-0.42%
Building-0.49%
Machinery-1.23%
Electrical-1.62%
Construction-1.70%
Transportation-1.80%
Industry PE
  • Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 38.7x.
    • Analysts are expecting annual earnings growth of 19.8%, which is higher than its past year's earnings growth of 13.9% 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 31% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Trade Distributors industry is expected to see its earnings grow by 8.5% 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
UPS United Parcel ServiceUS$148.643.1%
+US$3.8b
-15.8%PE18.9x
GE General ElectricUS$148.621.4%
+US$2.3b
78.7%PE18.4x
FERG FergusonUS$202.074.4%
+US$1.7b
41.3%PE22.6x
LMT Lockheed MartinUS$424.271.5%
+US$1.5b
-11.5%PE14.8x
HON Honeywell InternationalUS$198.942.1%
+US$1.3b
1.8%PE22.9x
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Latest News

UNP

US$247.14

Union Pacific

7D

-1.2%

1Y

29.1%

EXPD

US$115.57

Expeditors International of Washington

7D

-8.1%

1Y

9.9%

ROL

US$40.95

Rollins

7D

-7.5%

1Y

15.6%

NOC

US$453.91

Northrop Grumman

7D

1.7%

1Y

-5.2%

UBER

US$76.60

Uber Technologies

7D

-3.2%

1Y

121.8%

GE

US$148.62

General Electric

7D

1.4%

1Y

78.7%

DE

US$357.38

Deere

7D

-7.1%

1Y

-16.2%

EFX

US$257.85

Equifax

7D

3.0%

1Y

25.6%

HON

US$198.94

Honeywell International

7D

2.1%

1Y

1.8%

WM

US$201.79

Waste Management

7D

1.3%

1Y

32.6%

FERG

US$202.07

Ferguson

7D

4.4%

1Y

41.3%