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U.S. Heavy Electrical Equipment Industry Analysis

UpdatedMar 04, 2026
DataAggregated Company Financials
Companies22
  • 7D-5.1%
  • 3M37.3%
  • 1Y177.1%
  • YTDn/a

Over the last 7 days, the Heavy Electrical Equipment industry has risen 4.9%, driven by gains from NuScale Power of -6.7%. This takes the industry's 12 month performance to a gain of 168%. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Mar 2026US$304.3bUS$42.1bUS$3.7b12.3x82.7x7.2x
Sat, 31 Jan 2026US$241.2bUS$40.9bUS$3.8b13.6x63.4x5.9x
Mon, 29 Dec 2025US$210.4bUS$40.5bUS$626.9m13.9x335.6x5.2x
Wed, 26 Nov 2025US$189.8bUS$40.5bUS$639.0m15x297x4.7x
Fri, 24 Oct 2025US$194.0bUS$40.2bUS$1.3b55.9x148.7x4.8x
Sun, 21 Sep 2025US$208.9bUS$39.2bUS$762.1m84.9x274.1x5.3x
Tue, 19 Aug 2025US$194.5bUS$39.1bUS$765.6m82.6x254x5x
Thu, 17 Jul 2025US$176.4bUS$38.1bUS$1.5b51.2x115.8x4.6x
Sat, 14 Jun 2025US$154.9bUS$38.1bUS$1.5b40.8x101.7x4.1x
Mon, 12 May 2025US$120.4bUS$38.1bUS$1.7b31.4x72.9x3.2x
Wed, 09 Apr 2025US$88.2bUS$37.2bUS$1.2b29.8x72.6x2.4x
Fri, 07 Mar 2025US$101.5bUS$37.2bUS$1.3b41.2x78.2x2.7x
Sun, 02 Feb 2025US$119.0bUS$37.0bUS$1.3b42.1x94.7x3.2x
Tue, 31 Dec 2024US$106.6bUS$36.5bUS$970.4m43.1x109.8x2.9x
Thu, 28 Nov 2024US$110.8bUS$36.5bUS$968.7m12.8x114.4x3x
Sat, 26 Oct 2024US$93.8bUS$36.7bUS$784.8m9.1x119.5x2.6x
Mon, 23 Sep 2024US$77.0bUS$36.1bUS$713.9m7.8x107.9x2.1x
Wed, 21 Aug 2024US$60.6bUS$36.1bUS$653.7m7.5x92.7x1.7x
Fri, 19 Jul 2024US$57.1bUS$35.6b-US$866,333,490.008.3x-66x1.6x
Sun, 16 Jun 2024US$56.4bUS$35.6b-US$808,973,419.009.7x-69.8x1.6x
Tue, 14 May 2024US$51.1bUS$35.6b-US$808,685,419.006.2x-63.2x1.4x
Thu, 11 Apr 2024US$54.7bUS$35.2b-US$1,010,912,218.006.7x-54.1x1.6x
Sat, 09 Mar 2024US$17.7bUS$2.0b-US$608,117,218.006.7x-29.1x9.1x
Mon, 05 Feb 2024US$30.6bUS$14.6b-US$2,458,191,419.0013.8x-12.4x2.1x
Wed, 03 Jan 2024US$28.7bUS$14.6b-US$2,458,191,419.0015.5x-11.7x2x
Fri, 01 Dec 2023US$28.1bUS$14.6b-US$2,455,273,809.0012.9x-11.5x1.9x
Sun, 29 Oct 2023US$28.2bUS$14.3b-US$2,359,459,201.002x-11.9x2x
Tue, 26 Sep 2023US$29.5bUS$14.3b-US$2,359,459,201.002.2x-12.5x2.1x
Thu, 24 Aug 2023US$30.1bUS$14.3b-US$2,346,012,201.002.2x-12.8x2.1x
Sat, 22 Jul 2023US$21.9bUS$14.2b-US$2,185,370,201.002.2x-10x1.5x
Mon, 19 Jun 2023US$22.2bUS$14.3b-US$2,186,440,653.002.2x-10.2x1.6x
Wed, 17 May 2023US$18.7bUS$14.3b-US$2,125,802,258.00319.7x-8.8x1.3x
Fri, 14 Apr 2023US$19.6bUS$14.1b-US$2,135,885,641.002.6x-9.2x1.4x
Sun, 12 Mar 2023US$7.9bUS$3.1b-US$580,715,970.002.6x-13.6x2.6x
Price to Earnings Ratio

-13.6x


Total Market Cap: US$7.9bTotal Earnings: -US$580,715,970.00Total Revenue: US$3.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Heavy Electrical Equipment Industry Price to Earnings3Y Average 71.9x202420252026
Current Industry PE
  • Investors are optimistic on the American Heavy Electrical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 81.0x which is higher than its 3-year average PE of 71.8x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 7.1x.
Past Earnings Growth
  • Total earnings for the Heavy Electrical Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 139% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does U.S. Heavy Electrical Equipment compare with similar industries?

US Market-1.39%
Industrials-1.40%
Electrical-4.65%
Heavy Electrical Equipment-5.06%
Electrical Components-4.44%
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
BW Babcock & Wilcox EnterprisesUS$11.8029.2%
+US$296.6m		1,023.8%PS1.8x
SMR NuScale PowerUS$12.54-4.9%
US$267.4m		-27.6%PS126.9x
NRGV Energy Vault HoldingsUS$3.355.3%
+US$28.5m		165.9%PS6.7x
NPWR NET PowerUS$2.026.3%
+US$10.1m		-70.0%PB1.2x
OPTT Ocean Power TechnologiesUS$0.424.2%
+US$3.3m		-23.7%PS22x

Latest News

PSIX
US$60.00
Power Solutions International
7D
-37.2%
1Y
92.9%
SMR
US$12.54
NuScale Power
7D
-4.9%
1Y
-27.6%
FPS
US$34.27
Forgent Power Solutions
7D
-0.2%
1Y
n/a
BW
US$11.80
Babcock & Wilcox Enterprises
7D
29.2%
1Y
1,023.8%
BE
US$164.78
Bloom Energy
7D
-5.7%
1Y
583.2%
GEV
US$841.27
GE Vernova
7D
-4.0%
1Y
165.6%

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The narrative for GE Vernova in 2026 is centered on one word: Backlog. With a total backlog of $150 billion , the company has effectively "sold out" its capacity for years to come.
NRGV
US$3.35
Energy Vault Holdings
7D
5.3%
1Y
165.9%

NRGV: Data Center Partnerships And Asset Platform Will Drive Future Cash Generation

Analysts have kept their $5.19 price target on Energy Vault Holdings broadly unchanged, citing only small adjustments to inputs such as discount rate, revenue growth, profit margin, and future P/E assumptions in their updated models. What's in the News Energy Vault and Crusoe agreed on a framework to deploy Crusoe Spark modular data centers at Energy Vault's Snyder, Texas technology center.
NPWR
US$2.02
NET Power
7D
6.3%
1Y
-70.0%
BWEN
US$2.47
Broadwind
7D
-6.8%
1Y
58.3%
NNE
US$26.36
NANO Nuclear Energy
7D
-3.1%
1Y
-8.4%
PPSI
US$3.70
Pioneer Power Solutions
7D
-6.6%
1Y
16.4%
OPTT
US$0.42
Ocean Power Technologies
7D
4.2%
1Y
-23.7%
BNRG
US$1.25
Brenmiller Energy
7D
0.8%
1Y
-97.0%
NKLR
US$4.41
Terra Innovatum Global
7D
-11.3%
1Y
-55.9%

Terra Innovatum: A Deep Dive Into Commercialization Targets And Capital Structure

Dec 22