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U.S. Building Industry Analysis

UpdatedJun 30, 2026
DataAggregated Company Financials
Companies51
  • 7D0.3%
  • 3M15.1%
  • 1Y12.6%
  • YTD16.5%

Last week, the Building industry hasn't moved much but Owens Corning is up 25% in that time. As for the the longer term, the industry is up 13% over the past 12 months. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Jun 2026US$448.6bUS$161.9bUS$11.2b22.7x39.9x2.8x
Thu, 28 May 2026US$429.6bUS$163.4bUS$11.3b22.1x38x2.6x
Sat, 25 Apr 2026US$435.7bUS$162.0bUS$11.9b21.9x36.6x2.7x
Mon, 23 Mar 2026US$371.7bUS$158.6bUS$11.8b19.6x31.5x2.3x
Wed, 18 Feb 2026US$434.9bUS$163.7bUS$11.5b22.7x37.9x2.7x
Fri, 16 Jan 2026US$378.9bUS$163.7bUS$11.6b22x32.8x2.3x
Sun, 14 Dec 2025US$369.6bUS$163.6bUS$11.3b20.2x32.8x2.3x
Tue, 11 Nov 2025US$383.2bUS$161.0bUS$11.1b19.1x34.5x2.4x
Thu, 09 Oct 2025US$387.7bUS$160.9bUS$12.5b22.6x30.9x2.4x
Sat, 06 Sep 2025US$397.4bUS$160.9bUS$12.5b22.7x31.7x2.5x
Mon, 04 Aug 2025US$399.5bUS$162.7bUS$14.0b20.4x28.6x2.5x
Wed, 02 Jul 2025US$401.2bUS$163.5bUS$14.0b20.5x28.7x2.5x
Fri, 30 May 2025US$395.4bUS$163.3bUS$14.0b21.5x28.2x2.4x
Sun, 27 Apr 2025US$353.4bUS$162.7bUS$13.4b19.7x26.4x2.2x
Tue, 25 Mar 2025US$360.3bUS$162.7bUS$13.4b20.4x26.9x2.2x
Thu, 20 Feb 2025US$390.8bUS$162.0bUS$14.0b20.5x27.8x2.4x
Sat, 18 Jan 2025US$404.8bUS$163.6bUS$14.3b20.8x28.3x2.5x
Mon, 16 Dec 2024US$420.0bUS$162.3bUS$14.3b22x29.4x2.6x
Wed, 13 Nov 2024US$435.2bUS$162.4bUS$14.3b22.2x30.5x2.7x
Fri, 11 Oct 2024US$430.2bUS$164.3bUS$16.4b23x26.2x2.6x
Sun, 08 Sep 2024US$374.6bUS$165.4bUS$16.5b19.5x22.7x2.3x
Tue, 06 Aug 2024US$368.1bUS$164.4bUS$16.6b20.1x22.2x2.2x
Thu, 04 Jul 2024US$361.3bUS$162.7bUS$14.3b19.6x25.3x2.2x
Sat, 01 Jun 2024US$374.0bUS$163.8bUS$14.3b20.8x26.1x2.3x
Mon, 29 Apr 2024US$369.3bUS$166.3bUS$14.7b21.4x25.2x2.2x
Wed, 27 Mar 2024US$376.0bUS$166.7bUS$14.8b24x25.4x2.3x
Fri, 23 Feb 2024US$347.3bUS$167.1bUS$14.8b23x23.5x2.1x
Sun, 21 Jan 2024US$330.7bUS$175.3bUS$14.8b19.5x22.3x1.9x
Tue, 19 Dec 2023US$326.2bUS$175.3bUS$14.8b19.7x22x1.9x
Thu, 16 Nov 2023US$297.2bUS$175.4bUS$14.2b17x20.9x1.7x
Sat, 14 Oct 2023US$264.8bUS$171.9bUS$14.8b16.9x17.9x1.5x
Mon, 11 Sep 2023US$285.6bUS$171.9bUS$14.8b16.6x19.3x1.7x
Wed, 09 Aug 2023US$294.7bUS$172.1bUS$14.8b17.2x19.9x1.7x
Fri, 07 Jul 2023US$274.8bUS$174.0bUS$15.2b16.2x18.1x1.6x
Price to Earnings Ratio

18.1x


Total Market Cap: US$274.8bTotal Earnings: US$15.2bTotal Revenue: US$174.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Building Industry Price to Earnings3Y Average 27.3x202420252026
Current Industry PE
  • Investors are optimistic on the American Building industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.9x which is higher than its 3-year average PE of 27.3x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Building industry have declined 9.6% per year over the last three years,
  • Revenues have also declined 2.4% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

US Market0.31%
Industrials-0.68%
Building0.28%
Building Products0.28%
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?

CompanyLast Price7D1YValuation
OC Owens CorningUS$156.0525.2%
+US$2.5b		13.5%PS1.3x
BLDR Builders FirstSourceUS$90.5117.0%
+US$1.4b		-22.4%PE33.4x
MAS MascoUS$80.509.4%
+US$1.4b		25.1%PE19.1x
CARR Carrier GlobalUS$73.432.2%
+US$1.3b		0.3%PE47.6x
FBIN Fortune Brands InnovationsUS$50.9723.4%
+US$1.2b		-1.0%PE22.4x

Latest News

FBIN
US$50.97
Fortune Brands Innovations
7D
23.4%
1Y
-1.0%
OC
US$156.05
Owens Corning
7D
25.2%
1Y
13.5%
MAS
US$80.50
Masco
7D
9.4%
1Y
25.1%
JCI
US$140.47
Johnson Controls International
7D
-5.2%
1Y
33.0%
Narrative Update • Jun 29

JCI: Future Upside Will Depend On Data Center Cooling Execution

The analyst price target for Johnson Controls International has been raised from $138.11 to $155.21 as analysts factor in higher projected revenue growth, slightly stronger profit margins, and supportive research citing data center demand, operational changes, and potential portfolio actions. Analyst Commentary Recent research on Johnson Controls International points to a mix of optimism and caution, with several firms adjusting price targets and reassessing execution risks as the company focuses on data center demand and internal transformation efforts.
AZZ
US$152.49
AZZ
7D
-3.6%
1Y
61.4%
BLDR
US$90.51
Builders FirstSource
7D
17.0%
1Y
-22.4%
MOD
US$256.34
Modine Manufacturing
7D
-13.3%
1Y
160.2%
Narrative Update • Jun 28

MOD: Long Term Data Center Agreement Will Drive Future Upside

Modine Manufacturing's analyst price target has moved from $263 to $325, as analysts point to stronger expected profit margins, higher assumed future P/E multiples, and ongoing momentum in data center cooling demand following the latest long term agreement and Q4 results. Analyst Commentary Recent Street research on Modine Manufacturing highlights a cluster of higher price targets following the Q4 report and the announcement of a US$4b long term data center agreement.
AAON
US$125.71
AAON
7D
-7.7%
1Y
70.5%
CSW
US$270.22
CSW Industrials
7D
-1.5%
1Y
-5.8%
CARR
US$73.43
Carrier Global
7D
2.2%
1Y
0.3%
Narrative Update • Jun 26

CARR: Data Center Cooling Pivot Will Likely Cap Returns At Current Levels

Carrier Global's analyst price target has increased from $55 to about $62, with analysts attributing the change to updated earnings models, data center exposure, and a view in recent initiations and revisions that the stock is fairly valued around a $75 target. Analyst Commentary Recent research on Carrier Global highlights a mix of updated models, sector exposure to data centers, and a generally balanced view on valuation.
LII
US$568.83
Lennox International
7D
6.1%
1Y
-0.8%
Seeking Alpha • Jun 25

Lennox International: Valuation A Bit Too Hot, Upside Potential A Bit Too Cold

Summary Lennox International benefits from robust HVAC demand, especially in its Building Climate Solutions segment, amid data center expansion. LII's Q1 2026 net sales rose 5.9% YoY to $1.14B, with BCS profit up 62.5% YoY, offsetting Home Comfort Solutions weakness. Technical indicators show bullish momentum, but LII trades above its five-year average P/E, suggesting a premium valuation and potential for a pullback. Commodity inflation, tariffs, and a weak housing market pose risks; I recommend staying on the sidelines and waiting for a better entry point. Read the full article on Seeking Alpha
WMS
US$154.48
Advanced Drainage Systems
7D
9.3%
1Y
34.5%
Narrative Update • Jun 24

WMS: Margin Resilience And Investor Day Outlook Will Drive Future Re Rating

Analysts have nudged the fair value estimate for Advanced Drainage Systems slightly higher to $181.20 from $180. This reflects modestly adjusted assumptions for revenue growth, profit margins, discount rate, and future P/E that line up with recent Street commentary around resilient margins, pricing support, and upcoming growth discussions at Investor Day.
TT
US$480.35
Trane Technologies
7D
-2.3%
1Y
9.8%
Narrative Update • Jun 23

TT: AI Initiatives And Training Expansion Will Support Steady Future Performance

Analysts have modestly raised their price target for Trane Technologies to $521.51 from $518.30, reflecting small adjustments to fair value, discount rate, revenue growth, profit margin, and expected future P/E assumptions in their models. What's in the News for Trane Technologies Trane Technologies reported Q1 revenue up 6% year over year, beating analysts' expectations on both revenue and adjusted operating income, while the stock price stayed flat after the release.
MAIR
US$37.16
Madison Air Solutions
7D
-3.6%
1Y
n/a
Seeking Alpha • Jun 23

Madison Air Solutions: Mission-Critical Air Demand Makes This A Buy

Summary Initiating Madison Air Solutions (MAIR) at buy, driven by robust structural demand for mission-critical air solutions beyond traditional HVAC cycles. MAIR’s Commercial segment benefits from AI-driven data center growth, with Q1 2026 organic sales up 17.2% and backlog surging 125% year-over-year. AprilAire acquisition strengthens Residential portfolio, targeting higher revenue per job and reducing reliance on equipment replacement cycles. Valuation at 23x EBITDA offers ~60% upside if MAIR achieves $1.59B adj. EBITDA by FY29; key risks are backlog conversion pace and Residential segment softness. Read the full article on Seeking Alpha
REZI
US$30.20
Resideo Technologies
7D
-3.0%
1Y
36.9%
Narrative Update • Jun 18

REZI: ADI Spin Off Progress And Reaffirmed FY26 Outlook Will Support Upside

Analysts have modestly adjusted their price target on Resideo Technologies to $50.00, reflecting updated assumptions that combine a slightly higher discount rate and lower revenue growth expectations with a higher projected profit margin and a more conservative future P/E multiple. What’s in the News for Resideo Technologies Resideo Technologies filed an amended Form 10 registration statement to include ADI Global Distribution financial statements in connection with the planned spin off of its ADI business, according to a June 4, 2026 update.
ALLE
US$139.65
Allegion
7D
6.7%
1Y
-3.1%