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U.S. Building Industry Analysis

UpdatedJan 02, 2026
DataAggregated Company Financials
Companies53
  • 7D-1.7%
  • 3M-6.5%
  • 1Y-2.3%
  • YTDn/a

Over the last 7 days, the Building industry has dropped 1.6%, driven by declines in Johnson Controls International and Trane Technologies of 1.4% and 1.0%, respectively. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 Jan 2026US$366.8bUS$163.6bUS$11.6b19.2x31.7x2.2x
Sun, 30 Nov 2025US$370.7bUS$160.9bUS$11.1b19x33.5x2.3x
Tue, 28 Oct 2025US$387.9bUS$161.0bUS$12.6b19.9x30.8x2.4x
Thu, 25 Sep 2025US$385.8bUS$160.9bUS$12.5b22.1x30.8x2.4x
Sat, 23 Aug 2025US$394.6bUS$160.7bUS$12.9b23.6x30.7x2.5x
Mon, 21 Jul 2025US$409.7bUS$162.0bUS$14.1b21.1x29.1x2.5x
Wed, 18 Jun 2025US$392.3bUS$163.5bUS$14.0b20.2x28x2.4x
Fri, 16 May 2025US$400.2bUS$163.4bUS$14.0b21.9x28.6x2.4x
Sun, 13 Apr 2025US$345.6bUS$162.6bUS$13.4b18.9x25.8x2.1x
Tue, 11 Mar 2025US$365.0bUS$162.5bUS$13.4b19x27.2x2.2x
Thu, 06 Feb 2025US$381.1bUS$164.4bUS$14.5b19.8x26.3x2.3x
Sat, 04 Jan 2025US$386.8bUS$163.6bUS$14.3b20.9x27x2.4x
Mon, 02 Dec 2024US$437.7bUS$162.3bUS$14.3b22.4x30.6x2.7x
Wed, 30 Oct 2024US$416.4bUS$165.4bUS$14.6b21.7x28.4x2.5x
Fri, 27 Sep 2024US$418.8bUS$164.3bUS$16.4b22.6x25.5x2.5x
Sun, 25 Aug 2024US$393.6bUS$164.4bUS$16.4b21.2x23.9x2.4x
Tue, 23 Jul 2024US$378.3bUS$162.7bUS$14.2b21.9x26.6x2.3x
Thu, 20 Jun 2024US$377.7bUS$162.7bUS$14.3b20.7x26.4x2.3x
Sat, 18 May 2024US$375.3bUS$163.8bUS$14.4b20.9x26.1x2.3x
Mon, 15 Apr 2024US$365.2bUS$165.2bUS$14.7b22.9x24.8x2.2x
Wed, 13 Mar 2024US$360.6bUS$166.7bUS$14.8b23.1x24.3x2.2x
Fri, 09 Feb 2024US$341.3bUS$168.2bUS$14.9b20.9x22.9x2x
Sun, 07 Jan 2024US$327.2bUS$175.3bUS$14.8b20.4x22.1x1.9x
Tue, 05 Dec 2023US$304.3bUS$175.2bUS$15.0b17.9x20.3x1.7x
Thu, 02 Nov 2023US$268.9bUS$175.7bUS$14.2b16.5x19x1.5x
Sat, 30 Sep 2023US$274.8bUS$171.9bUS$14.8b16.8x18.5x1.6x
Mon, 28 Aug 2023US$280.7bUS$171.9bUS$14.8b17.2x19x1.6x
Wed, 26 Jul 2023US$292.8bUS$174.2bUS$15.2b16.6x19.3x1.7x
Fri, 23 Jun 2023US$272.7bUS$174.0bUS$15.2b15.8x17.9x1.6x
Sun, 21 May 2023US$251.0bUS$174.0bUS$15.2b14.6x16.5x1.4x
Tue, 18 Apr 2023US$242.7bUS$175.5bUS$16.7b13.3x14.6x1.4x
Thu, 16 Mar 2023US$236.6bUS$175.5bUS$16.6b13.4x14.2x1.3x
Sat, 11 Feb 2023US$255.5bUS$178.6bUS$17.0b14.1x15x1.4x
Mon, 09 Jan 2023US$241.6bUS$176.3bUS$17.3b14.9x13.9x1.4x
Price to Earnings Ratio

13.9x


Total Market Cap: US$241.6bTotal Earnings: US$17.3bTotal Revenue: US$176.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Building Industry Price to Earnings3Y Average 24.1x202420252026
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 32.1x which is higher than its 3-year average PE of 24.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Building industry have declined 13% per year over the last three years,
  • Revenues have also declined 2.5% 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-1.43%
Industrials-1.81%
Building-1.71%
Building Products-1.71%
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
AAON AAONUS$76.250.6%
+US$39.1m		-36.5%PE62x
CSTE CaesarstoneUS$1.868.8%
+US$5.2m		-57.7%PS0.2x
NX Quanex Building ProductsUS$15.380.4%
+US$2.7m		-34.6%PS0.4x
ILAG Intelligent Living Application GroupUS$4.0515.2%
+US$1.1m		-53.3%PS1.6x

Latest News

WMS
US$144.83
Advanced Drainage Systems
7D
-3.2%
1Y
25.4%

Returns At Advanced Drainage Systems (NYSE:WMS) Are On The Way Up

Dec 31
Returns At Advanced Drainage Systems (NYSE:WMS) Are On The Way Up
CSL
US$319.86
Carlisle Companies
7D
-3.2%
1Y
-13.8%

CSL: Aggressive Share Repurchases Will Support Future Earnings Power

Analysts have slightly adjusted their price target for Carlisle Companies, maintaining a fair value estimate of $369.50 as marginal tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions left their overall outlook largely unchanged. What's in the News Carlisle Companies reported that from July 1, 2025 to September 30, 2025, it repurchased 800,000 shares for approximately $296 million, bringing total buybacks under its long running program to about 32.7 million shares, or over 60 percent of shares outstanding (Key Developments).
JCI
US$119.75
Johnson Controls International
7D
-1.9%
1Y
49.8%
MAS
US$63.46
Masco
7D
-2.0%
1Y
-12.1%

MAS: Share Repurchases Will Support Earnings Strength And Future Upside

Analysts have modestly raised their price target on Masco to approximately $74 from about $73, reflecting slightly lower discount rate assumptions, improved long term margin expectations, and a higher anticipated future earnings multiple despite somewhat softer projected revenue growth. What's in the News Updated share repurchase activity shows Masco bought back 1,754,423 shares between July 1 and September 30, 2025, for $123.51 million, bringing total repurchases under the October 26, 2022 authorization to 21,313,934 shares, or 9.76% of shares outstanding, for $1.46 billion (Key Developments).
ILAG
US$4.05
Intelligent Living Application Group
7D
15.2%
1Y
-53.3%
SSD
US$161.47
Simpson Manufacturing
7D
-3.4%
1Y
-3.1%
LII
US$485.58
Lennox International
7D
-2.5%
1Y
-20.7%
CARR
US$52.84
Carrier Global
7D
-1.4%
1Y
-23.7%
TT
US$389.20
Trane Technologies
7D
-0.9%
1Y
2.1%

TT: AI Building And Data Center Solutions Will Drive Future Margin Upside

Analysts slightly raised their price target on Trane Technologies by approximately 0.1 percent to about $482 per share, citing modest improvements in long term profit margin expectations and a marginally higher forward earnings multiple, despite largely unchanged growth and discount rate assumptions. What's in the News Trane Technologies completed the acquisition of BrainBox AI, expanding its AI driven building decarbonization and energy optimization capabilities after more than two years of prior collaboration.
AAON
US$76.25
AAON
7D
0.6%
1Y
-36.5%
CSTE
US$1.86
Caesarstone
7D
8.8%
1Y
-57.7%
NX
US$15.38
Quanex Building Products
7D
0.4%
1Y
-34.6%

NX: Share Repurchases And Flat Guidance Will Support Future Upside Potential

Narrative Update The analyst price target for Quanex Building Products has been reduced from 38 to 30 dollars. Analysts cite lower expected revenue growth, slightly compressed profit margins, a higher discount rate, and a modestly higher future price to earnings multiple as justification for the downward revision.