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U.S. Building Industry Analysis

UpdatedJun 07, 2026
DataAggregated Company Financials
Companies52
  • 7D1.2%
  • 3M4.6%
  • 1Y7.3%
  • YTD10.5%

In the last week, the Building industry is up 1.2%, with Johnson Controls International up 7.2%. Meanwhile, Madison Air Solutions actually underperformed within the industry, shrinking 7.7% in the last week. This takes the industry's 12 month performance to a gain of 7.3%. 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
Sun, 07 Jun 2026US$427.9bUS$161.9bUS$11.3b20.3x37.9x2.6x
Tue, 05 May 2026US$440.6bUS$162.1bUS$11.5b20.8x38.3x2.7x
Thu, 02 Apr 2026US$377.1bUS$158.6bUS$11.8b20x32x2.4x
Sat, 28 Feb 2026US$425.2bUS$158.4bUS$12.0b23x35.5x2.7x
Mon, 26 Jan 2026US$381.1bUS$163.7bUS$11.6b21.2x33x2.3x
Wed, 24 Dec 2025US$370.5bUS$163.6bUS$11.6b19.1x32.1x2.3x
Fri, 21 Nov 2025US$351.0bUS$161.0bUS$11.1b16.7x31.7x2.2x
Sun, 19 Oct 2025US$380.6bUS$161.0bUS$12.6b20.4x30.2x2.4x
Tue, 16 Sep 2025US$391.1bUS$160.9bUS$12.5b23.5x31.2x2.4x
Thu, 14 Aug 2025US$402.5bUS$160.7bUS$12.9b23.3x31.3x2.5x
Sat, 12 Jul 2025US$407.1bUS$162.0bUS$14.0b21.6x29.1x2.5x
Mon, 09 Jun 2025US$397.0bUS$163.5bUS$14.0b21.4x28.3x2.4x
Wed, 07 May 2025US$383.7bUS$162.7bUS$13.4b19.9x28.6x2.4x
Fri, 04 Apr 2025US$363.9bUS$162.6bUS$13.4b18.6x27.2x2.2x
Sun, 02 Mar 2025US$370.4bUS$162.5bUS$13.4b20.9x27.7x2.3x
Tue, 28 Jan 2025US$411.3bUS$163.6bUS$14.3b20.8x28.7x2.5x
Thu, 26 Dec 2024US$396.5bUS$163.6bUS$14.3b21.9x27.7x2.4x
Sat, 23 Nov 2024US$429.7bUS$162.3bUS$14.3b22.1x30.1x2.6x
Mon, 21 Oct 2024US$431.7bUS$164.3bUS$16.4b24.1x26.3x2.6x
Wed, 18 Sep 2024US$403.7bUS$164.3bUS$16.4b22x24.6x2.5x
Fri, 16 Aug 2024US$371.5bUS$164.4bUS$16.4b20.6x22.6x2.3x
Sun, 14 Jul 2024US$381.1bUS$162.7bUS$14.2b21.5x26.8x2.3x
Tue, 11 Jun 2024US$366.3bUS$163.8bUS$14.3b19.8x25.5x2.2x
Thu, 09 May 2024US$374.4bUS$166.4bUS$14.5b21.5x25.9x2.3x
Sat, 06 Apr 2024US$368.8bUS$165.2bUS$14.7b23.6x25.1x2.2x
Mon, 04 Mar 2024US$361.5bUS$166.7bUS$14.8b22.9x24.4x2.2x
Wed, 31 Jan 2024US$338.5bUS$175.4bUS$15.3b19.9x22.1x1.9x
Fri, 29 Dec 2023US$335.8bUS$175.3bUS$14.8b20.6x22.7x1.9x
Sun, 26 Nov 2023US$298.0bUS$175.2bUS$15.0b17.1x19.9x1.7x
Tue, 24 Oct 2023US$249.5bUS$171.8bUS$14.8b16.5x16.9x1.5x
Thu, 21 Sep 2023US$275.1bUS$171.9bUS$14.8b17.3x18.6x1.6x
Sat, 19 Aug 2023US$278.8bUS$171.9bUS$14.8b17.1x18.8x1.6x
Mon, 17 Jul 2023US$291.0bUS$174.1bUS$15.2b16.4x19.1x1.7x
Wed, 14 Jun 2023US$266.6bUS$174.0bUS$15.2b15.5x17.5x1.5x
Price to Earnings Ratio

17.5x


Total Market Cap: US$266.6bTotal Earnings: US$15.2bTotal Revenue: US$174.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Building Industry Price to Earnings3Y Average 26.9x202420252026
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 37.9x which is higher than its 3-year average PE of 26.9x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Building industry have declined 9.5% 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 Market-2.79%
Industrials-0.76%
Building1.25%
Building Products1.25%
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
JCI Johnson Controls InternationalUS$143.657.2%
+US$5.9b		38.4%PE42.8x
CARR Carrier GlobalUS$67.165.2%
+US$2.7b		-5.5%PE43.5x
TT Trane TechnologiesUS$456.841.2%
+US$1.2b		6.5%PE34.4x
LII Lennox InternationalUS$508.431.2%
+US$218.2m		-8.0%PE22.3x
AOS A. O. SmithUS$57.200.8%
+US$66.2m		-11.1%PE14.9x

Latest News

JCI
US$143.65
Johnson Controls International
7D
7.2%
1Y
38.4%
BLDR
US$73.64
Builders FirstSource
7D
-3.4%
1Y
-34.0%
LII
US$508.43
Lennox International
7D
1.2%
1Y
-8.0%
CSL
US$345.98
Carlisle Companies
7D
0.3%
1Y
-8.5%
Narrative Update • Jun 05

CSL: Continued Buybacks And Stable Outlook Will Support Future Upside Potential

Analysts have kept their price target for Carlisle Companies effectively unchanged at about $410, with slight model tweaks to the discount rate and future P/E assumptions rather than any shift in the underlying growth or margin outlook. What's in the News Carlisle Companies reported that from January 1, 2026 to March 31, 2026, it repurchased 700,000 shares, or 1.71% of its stock, for US$249.77 million under its long running buyback program announced on November 3, 1999.
TT
US$456.84
Trane Technologies
7D
1.2%
1Y
6.5%
Narrative Update • Jun 05

TT: Data Center Demand And Capital Returns Will Support A Balanced Outlook

Analysts have adjusted their price target on Trane Technologies from $394.00 to about $427.43 as they factor in updated assumptions for revenue growth, profit margins, the discount rate, and future P/E expectations. What's in the News Reported Q1 2026 revenue of US$4.97b and adjusted EPS of US$2.63, with enterprise organic bookings growth of 24% and a record backlog of US$10.7b, according to recent earnings coverage.
AOS
US$57.20
A. O. Smith
7D
0.8%
1Y
-11.1%
Narrative Update • Jun 05

AOS: Share Repurchases And Reset Expectations Will Support Future Upside Potential

A. O.
CARR
US$67.16
Carrier Global
7D
5.2%
1Y
-5.5%
Narrative Update • Jun 05

CARR: AI Data Center Cooling And Q1 Execution Will Support Future Repricing

Carrier Global's updated analyst price target edges higher to $76.31 from $75.51, reflecting modest tweaks to revenue growth, discount rate and future P/E assumptions as analysts recalibrate models following recent earnings and a series of price target hikes from major firms. Analyst Commentary Recent research on Carrier Global has centered on how the latest earnings report and refreshed models feed into valuation targets and expectations for execution.
AZZ
US$137.71
AZZ
7D
1.6%
1Y
45.8%
WMS
US$130.15
Advanced Drainage Systems
7D
-6.5%
1Y
13.3%
AAON
US$132.62
AAON
7D
-5.4%
1Y
37.2%
CSW
US$266.37
CSW Industrials
7D
-3.8%
1Y
-12.7%
TREX
US$39.65
Trex Company
7D
-4.2%
1Y
-30.0%
Narrative Update • Jun 02

TREX: Execution Risks Around 2026 Plans Will Challenge Optimistic Sentiment

Analysts have trimmed the Trex Company fair value estimate from $39.00 to about $36.24, as a slightly higher discount rate offsets modest tweaks to revenue growth, profit margin and future P/E assumptions, even as recent research cites compelling valuation, solid channel checks and longer term product and category plans in updating views and price targets around the stock. Analyst Commentary Recent research around Trex Company highlights a mix of optimism on long term plans and caution on execution and valuation.
ZWS
US$47.37
Zurn Elkay Water Solutions
7D
0.8%
1Y
29.7%
Narrative Update • Jun 01

ZWS: Mixed P/E Repricing Will Support A More Constructive Forward Multiple

Narrative Update: Zurn Elkay Water Solutions The analyst price target for Zurn Elkay Water Solutions has shifted as recent Street research blended a series of target increases of $1, $6 and $7 with two cuts of $3 and $6, with analysts linking the moves to updated views on valuation, profitability and future price-to-earnings (P/E) assumptions. Analyst Commentary Recent research on Zurn Elkay Water Solutions reflects a mixed set of opinions, with some analysts lifting price targets and others trimming them by a range of $1 to $7.
SSD
US$185.41
Simpson Manufacturing
7D
-2.3%
1Y
18.3%
Narrative Update • May 26

SSD: Recent Buybacks And Dividend Policy Will Support Future Upside Potential

Simpson Manufacturing's analyst price target has shifted as recent updates from firms that raised targets by $4 to $12 and one that trimmed its view by $6 have led analysts to refine their outlook based on fresh coverage and updated company assessments. Analyst Commentary Bullish and bearish analysts are looking at the same set of recent price target moves and coming to different conclusions about what they signal for Simpson Manufacturing's valuation and execution risk.
OC
US$119.20
Owens Corning
7D
-5.3%
1Y
-11.9%
Narrative Update • May 26

OC: Q4 2026 Guidance And Completed Buybacks Will Support Undervalued Upside

Analysts have adjusted their price target on Owens Corning slightly, to $144.80 from about $144.81, citing updated assumptions around revenue growth, profit margin, and future P/E expectations. What's in the News Owens Corning issued earnings guidance for the second quarter of 2026, expecting revenue from continuing operations in a range of $2.6b to $2.7b, tied to structural company changes and its market positions (Key Developments).
MAIR
US$40.14
Madison Air Solutions
7D
-7.7%
1Y
n/a