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U.S. Electrical Industry Analysis

UpdatedDec 05, 2025
DataAggregated Company Financials
Companies125
  • 7D3.5%
  • 3M10.6%
  • 1Y23.1%
  • YTD33.9%

The Electrical industry is up 3.5% in the last week, with GE Vernova up 6.7%. In the last 12 months, the industry was up 23%. 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
Fri, 05 Dec 2025US$695.5bUS$161.8bUS$7.4b31.2x94.1x4.3x
Sun, 02 Nov 2025US$737.4bUS$160.0bUS$8.0b31.7x92.1x4.6x
Tue, 30 Sep 2025US$667.1bUS$157.1bUS$7.3b29.2x91x4.2x
Thu, 28 Aug 2025US$658.3bUS$157.1bUS$7.4b30.4x89.2x4.2x
Sat, 26 Jul 2025US$679.2bUS$154.5bUS$6.7b28.2x101.7x4.4x
Mon, 23 Jun 2025US$573.6bUS$153.4bUS$7.4b26.5x77.2x3.7x
Wed, 21 May 2025US$545.1bUS$153.3bUS$7.3b26x74.5x3.6x
Fri, 18 Apr 2025US$427.9bUS$151.6bUS$6.6b21.6x65.1x2.8x
Sun, 16 Mar 2025US$467.9bUS$151.6bUS$6.4b23.7x73x3.1x
Tue, 11 Feb 2025US$533.9bUS$151.0bUS$9.7b26.8x55.2x3.5x
Thu, 09 Jan 2025US$553.7bUS$151.1bUS$9.2b23.1x60.1x3.7x
Sat, 07 Dec 2024US$576.9bUS$151.1bUS$9.3b23.5x62.2x3.8x
Mon, 04 Nov 2024US$508.5bUS$153.0bUS$7.9b19x64.4x3.3x
Wed, 02 Oct 2024US$489.4bUS$151.2bUS$7.4b20.1x65.8x3.2x
Fri, 30 Aug 2024US$438.0bUS$151.3bUS$7.3b18.6x60.2x2.9x
Sun, 28 Jul 2024US$465.5bUS$157.3bUS$7.4b19.9x63.3x3x
Tue, 25 Jun 2024US$474.7bUS$159.6bUS$6.2b19.4x76.4x3x
Thu, 23 May 2024US$494.2bUS$160.8bUS$7.8b21.3x63.3x3.1x
Sat, 20 Apr 2024US$457.6bUS$159.1bUS$7.5b20.1x61.1x2.9x
Mon, 18 Mar 2024US$433.2bUS$126.0bUS$7.9b20.8x54.6x3.4x
Wed, 14 Feb 2024US$410.3bUS$130.3bUS$9.6b19x43x3.1x
Fri, 12 Jan 2024US$393.1bUS$139.2bUS$7.9b19x49.5x2.8x
Sun, 10 Dec 2023US$370.5bUS$139.3bUS$7.9b19.4x46.7x2.7x
Tue, 07 Nov 2023US$357.2bUS$145.7bUS$9.9b17.5x36.3x2.5x
Thu, 05 Oct 2023US$372.8bUS$144.1bUS$11.5b18.6x32.5x2.6x
Sat, 02 Sep 2023US$407.1bUS$144.2bUS$11.6b20.7x35.1x2.8x
Mon, 31 Jul 2023US$367.7bUS$131.1bUS$7.8b25.8x47.3x2.8x
Wed, 28 Jun 2023US$355.1bUS$131.1bUS$7.6b26.3x46.8x2.7x
Fri, 26 May 2023US$309.0bUS$130.9bUS$7.7b22.2x39.9x2.4x
Sun, 23 Apr 2023US$307.9bUS$128.2bUS$7.7b19.4x39.8x2.4x
Tue, 21 Mar 2023US$306.4bUS$127.6bUS$7.8b19x39.4x2.4x
Thu, 16 Feb 2023US$320.9bUS$114.1bUS$8.7b20.8x37x2.8x
Sat, 14 Jan 2023US$316.4bUS$114.1bUS$8.8b20.7x36.1x2.8x
Mon, 12 Dec 2022US$299.5bUS$113.5bUS$8.7b18.2x34.5x2.6x
Price to Earnings Ratio

34.5x


Total Market Cap: US$299.5bTotal Earnings: US$8.7bTotal Revenue: US$113.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 58.6x202320242025
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 94.1x which is higher than its 3-year average PE of 58.6x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 4.3x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have declined 5.2% 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 Market0.81%
Industrials1.09%
Electrical3.54%
Heavy Electrical Equipment8.32%
Electrical Components1.75%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 50.9x.
    • 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 49.3x.
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
GEV GE VernovaUS$629.116.7%
+US$10.7b		80.7%PE100.2x
BE Bloom EnergyUS$118.0916.8%
+US$4.0b		354.9%PE1829.2x
EMR Emerson ElectricUS$136.644.0%
+US$2.9b		2.6%PE33.6x
ROK Rockwell AutomationUS$403.892.5%
+US$1.1b		35.9%PE52.3x
SMR NuScale PowerUS$22.8520.0%
+US$1.1b		-6.2%PS101.1x

Latest News

BE
US$118.09
Bloom Energy
7D
16.8%
1Y
354.9%
GEV
US$629.11
GE Vernova
7D
6.7%
1Y
80.7%
AME
US$199.22
AMETEK
7D
1.5%
1Y
2.7%

AME: Improving Organic Sales And Orders Will Drive Future Upside

Analysts have nudged their blended price target on AMETEK modestly higher, from about $220 to a range centered in the low $230s per share. They cite improving organic sales trends, solid order momentum, and confidence that the company’s premium valuation remains supported by its quality growth and margin profile.
RUN
US$18.35
Sunrun
7D
-9.4%
1Y
73.4%
GNRC
US$163.24
Generac Holdings
7D
9.7%
1Y
-9.3%
SHLS
US$7.93
Shoals Technologies Group
7D
-5.5%
1Y
75.1%

SHLS: U.S. Manufacturing Exposure Will Drive Share Outperformance Amid Policy Uncertainty

Analysts have raised their price target for Shoals Technologies Group from $9.00 to $11.00. They cite improved sentiment toward utility-scale clean energy providers and the company’s strong exposure to U.S. manufacturing and diversified end markets as reasons for the change.
ETN
US$338.93
Eaton
7D
-0.8%
1Y
-8.7%

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.
NXT
US$90.65
Nextpower
7D
-1.1%
1Y
149.8%

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$403.89
Rockwell Automation
7D
2.5%
1Y
35.9%

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.
RRX
US$141.44
Regal Rexnord
7D
-2.9%
1Y
-16.3%
EMR
US$136.64
Emerson Electric
7D
4.0%
1Y
2.6%
VRT
US$182.54
Vertiv Holdings Co
7D
1.6%
1Y
36.4%

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.
SMR
US$22.85
NuScale Power
7D
20.0%
1Y
-6.2%
ATKR
US$64.66
Atkore
7D
-3.3%
1Y
-28.3%
TYGO
US$1.59
Tigo Energy
7D
-16.3%
1Y
101.2%

Tigo Energy, Inc. (NASDAQ:TYGO) Might Not Be As Mispriced As It Looks After Plunging 28%

Nov 15
Tigo Energy, Inc. (NASDAQ:TYGO) Might Not Be As Mispriced As It Looks After Plunging 28%
ADSE
US$12.02
ADS-TEC Energy
7D
-4.1%
1Y
-12.3%