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U.S. Electrical Industry Analysis

UpdatedNov 25, 2025
DataAggregated Company Financials
Companies128
  • 7D5.3%
  • 3M9.3%
  • 1Y21.1%
  • YTD31.6%

Over the last 7 days, the Electrical industry has risen 6.6%, driven by gains from GE Vernova of 7.9%. In the same time, NeoVolta was down 5.8%. This means that the industry has gained 21% over the past year. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 01 Dec 2025US$657.1bUS$161.9bUS$7.4b30.6x88.5x4.1x
Wed, 29 Oct 2025US$718.8bUS$159.3bUS$8.1b30.3x88.3x4.5x
Fri, 26 Sep 2025US$679.6bUS$157.1bUS$7.3b29.1x92.7x4.3x
Sun, 24 Aug 2025US$650.2bUS$157.1bUS$7.4b31.5x88.1x4.1x
Tue, 22 Jul 2025US$651.9bUS$153.6bUS$7.4b28.5x87.9x4.2x
Thu, 19 Jun 2025US$572.4bUS$153.4bUS$7.4b27.8x77x3.7x
Sat, 17 May 2025US$538.8bUS$153.3bUS$7.3b22.1x73.5x3.5x
Mon, 14 Apr 2025US$430.8bUS$151.6bUS$6.6b21.5x65.5x2.8x
Wed, 12 Mar 2025US$445.6bUS$151.6bUS$6.5b23.8x69x2.9x
Fri, 07 Feb 2025US$530.1bUS$151.2bUS$9.7b26.7x54.7x3.5x
Sun, 05 Jan 2025US$547.0bUS$151.1bUS$9.2b23.3x59.4x3.6x
Tue, 03 Dec 2024US$575.0bUS$151.1bUS$9.2b24.7x62.5x3.8x
Thu, 31 Oct 2024US$515.4bUS$152.2bUS$7.7b19x67.1x3.4x
Sat, 28 Sep 2024US$489.2bUS$151.2bUS$7.4b20.2x66.1x3.2x
Mon, 26 Aug 2024US$443.8bUS$151.3bUS$7.2b18.5x61.5x2.9x
Wed, 24 Jul 2024US$479.2bUS$157.0bUS$5.8b21.1x82.1x3.1x
Fri, 21 Jun 2024US$484.6bUS$159.6bUS$6.2b19.1x78x3x
Sun, 19 May 2024US$485.8bUS$160.8bUS$7.8b19.6x62.3x3x
Tue, 16 Apr 2024US$470.3bUS$159.1bUS$7.5b20.8x63.1x3x
Thu, 14 Mar 2024US$433.5bUS$126.0bUS$7.9b21.1x54.9x3.4x
Sat, 10 Feb 2024US$415.9bUS$130.3bUS$9.6b19.8x43.5x3.2x
Mon, 08 Jan 2024US$389.9bUS$139.3bUS$7.9b19.5x49.2x2.8x
Wed, 06 Dec 2023US$375.6bUS$139.3bUS$8.0b19.3x47x2.7x
Fri, 03 Nov 2023US$350.8bUS$145.8bUS$10.1b17x34.9x2.4x
Sun, 01 Oct 2023US$378.0bUS$144.2bUS$11.5b19.7x32.8x2.6x
Tue, 29 Aug 2023US$393.8bUS$144.2bUS$11.6b19.8x33.9x2.7x
Thu, 27 Jul 2023US$367.1bUS$131.0bUS$7.8b25.2x47.2x2.8x
Sat, 24 Jun 2023US$346.0bUS$131.1bUS$7.6b25.5x45.5x2.6x
Mon, 22 May 2023US$314.6bUS$130.9bUS$7.8b22.7x40.5x2.4x
Wed, 19 Apr 2023US$311.6bUS$128.2bUS$7.8b19.3x39.7x2.4x
Fri, 17 Mar 2023US$310.9bUS$127.5bUS$7.8b19.2x40x2.4x
Sun, 12 Feb 2023US$312.3bUS$114.1bUS$8.6b21x36.5x2.7x
Tue, 10 Jan 2023US$302.0bUS$113.9bUS$8.8b20x34.5x2.7x
Thu, 08 Dec 2022US$299.2bUS$113.5bUS$8.7b18.4x34.5x2.6x
Price to Earnings Ratio

34.5x


Total Market Cap: US$299.2bTotal Earnings: US$8.7bTotal Revenue: US$113.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 58.4x202320242025
Current Industry PE
  • Investors are optimistic on the American Electrical industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 88.5x which is higher than its 3-year average PE of 58.3x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have declined 5.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 13% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

US Market2.95%
Industrials3.37%
Electrical5.25%
Electrical Components5.42%
Heavy Electrical Equipment4.83%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 49.4x.
    • Analysts are expecting annual earnings growth of 38.5%, which is lower than the prior year's growth of 50.1% per year.
  • Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 49.1x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 39% over the next 5 years.
  • However this is lower than its past earnings growth rate of 50% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 17% 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
ETN EatonUS$345.894.7%
+US$6.0b		-7.1%PE34.2x
GEV GE VernovaUS$599.773.3%
+US$5.2b		77.7%PE95.5x
VRT Vertiv Holdings CoUS$179.736.4%
+US$4.1b		41.5%PE66.4x
BE Bloom EnergyUS$109.2414.3%
+US$3.2b		305.8%PE1692.1x
EMR Emerson ElectricUS$133.383.7%
+US$2.7b		-0.3%PE32.8x

Latest News

GEV
US$599.77
GE Vernova
7D
3.3%
1Y
77.7%

GEV: Share Repurchases And Taiwan Deal Will Drive Future Upside

Analysts have raised their price target for GE Vernova from $678.93 to $681.43, citing improved forecasts in both revenue growth and profit margins. What's in the News GE Vernova signed its first onshore wind repower upgrade agreement outside the United States, partnering with Taiwan Power Company to deliver 25 repower upgrade kits and a five-year operations and maintenance package in Taiwan (Key Developments).
ETN
US$345.89
Eaton
7D
4.7%
1Y
-7.1%

ETN: Future Returns Will Be Driven By Robust Data Center Demand

Eaton's fair value estimate has increased slightly to $410.77, a move analysts attribute to strong data center order growth and improving outlooks following recent earnings and acquisition updates. Analyst Commentary Recent Street research reflects a strong wave of optimism for Eaton.
NVT
US$107.27
nVent Electric
7D
6.7%
1Y
37.0%

NVT: Data Center Expansion And Liquid Cooling Rollouts Will Drive Share Price Higher

Analysts have raised their price target for nVent Electric, increasing the estimated fair value slightly from $121.09 to $121.54 per share. They cite minor but positive adjustments to forecasted revenue growth and discount rates.
NXT
US$91.62
Nextpower
7D
5.5%
1Y
129.7%

NXT: Fiscal 2026 Guidance Lift and US Manufacturing Deal Will Support Upside

Analysts have updated their price target for Nextpower, raising it from $99.04 to $101.42. They cite modest adjustments to growth projections and profitability assumptions as reasons for this change.
ROK
US$395.86
Rockwell Automation
7D
3.0%
1Y
33.2%

ROK: Expansion Initiatives And Share Buybacks Will Guide Measured Upside Through 2026

Analysts have raised their price target for Rockwell Automation by $4.96 to $389.08. This reflects improved growth and profitability expectations for the company.
BE
US$109.24
Bloom Energy
7D
14.3%
1Y
305.8%
EMR
US$133.38
Emerson Electric
7D
3.7%
1Y
-0.3%
VRT
US$179.73
Vertiv Holdings Co
7D
6.4%
1Y
41.5%

VRT: Dividend Hike And CFO Appointment Will Drive Future Momentum

Analysts have raised their price target for Vertiv Holdings Co. slightly, increasing it from $192.66 to $194.63. They cite incremental improvements in projected revenue growth and adjusted discount rates, despite a marginally lower anticipated profit margin.
NEOV
US$4.06
NeoVolta
7D
-5.8%
1Y
-20.2%
AMSC
US$31.09
American Superconductor
7D
-0.6%
1Y
-9.9%

AMSC: Data Center Demand And Margin Gains Will Drive Future Upside

Analysts have revised American Superconductor's average price target downward from $63.00 to $55.00. They cite slightly lower revenue growth forecasts and modest order growth, though they continue to highlight emerging margin expansion drivers that support a more favorable outlook.
POLA
US$2.33
Polar Power
7D
-4.5%
1Y
-21.8%
SMXT
US$0.92
SolarMax Technology
7D
-1.1%
1Y
-49.2%
EFOI
US$2.31
Energy Focus
7D
-1.7%
1Y
63.8%
PSIX
US$54.08
Power Solutions International
7D
-1.7%
1Y
70.1%
TURB
US$1.31
Turbo Energy
7D
-3.7%
1Y
-14.9%
PN
US$0.79
Skycorp Solar Group
7D
-1.3%
1Y
n/a