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U.S. Electrical Industry Analysis

UpdatedApr 29, 2026
DataAggregated Company Financials
Companies132
  • 7D2.3%
  • 3M24.6%
  • 1Y112.2%
  • YTD36.8%

In the last week, the Electrical industry is up 2.3%, with GE Vernova up 9.8%. In the last 12 months, the industry was up 112%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 29 Apr 2026US$1.0tUS$169.4bUS$19.6b34.5x53.1x6.1x
Fri, 27 Mar 2026US$880.5bUS$167.2bUS$15.0b31.6x58.9x5.3x
Sun, 22 Feb 2026US$863.2bUS$166.5bUS$11.3b35.5x76.4x5.2x
Tue, 20 Jan 2026US$757.7bUS$162.0bUS$7.4b33.1x101.7x4.7x
Thu, 18 Dec 2025US$702.0bUS$161.8bUS$7.4b31.2x94.7x4.3x
Sat, 15 Nov 2025US$677.9bUS$161.7bUS$7.6b28.7x89.1x4.2x
Mon, 13 Oct 2025US$683.7bUS$157.3bUS$7.3b28.2x93.4x4.3x
Wed, 10 Sep 2025US$659.5bUS$157.1bUS$7.4b33.7x89.2x4.2x
Fri, 08 Aug 2025US$665.6bUS$156.6bUS$7.4b28x89.8x4.2x
Sun, 06 Jul 2025US$620.7bUS$153.6bUS$7.4b28.5x83.8x4x
Tue, 03 Jun 2025US$548.0bUS$153.4bUS$7.4b25.5x74.5x3.6x
Thu, 01 May 2025US$467.5bUS$152.8bUS$7.1b21x65.4x3.1x
Sat, 29 Mar 2025US$454.4bUS$151.5bUS$6.6b22.9x69.1x3x
Mon, 24 Feb 2025US$500.3bUS$151.4bUS$9.9b24.6x50.7x3.3x
Wed, 22 Jan 2025US$566.6bUS$151.1bUS$9.2b23.7x61.5x3.7x
Fri, 20 Dec 2024US$522.8bUS$151.1bUS$9.3b22.7x56.3x3.5x
Sun, 17 Nov 2024US$552.1bUS$152.2bUS$9.0b23.3x61.4x3.6x
Tue, 15 Oct 2024US$508.0bUS$151.2bUS$7.4b19.8x68.3x3.4x
Thu, 12 Sep 2024US$440.1bUS$151.3bUS$7.3b17.2x60.1x2.9x
Sat, 10 Aug 2024US$426.3bUS$150.9bUS$7.1b18.1x59.8x2.8x
Mon, 08 Jul 2024US$465.5bUS$157.0bUS$5.8b19x79.6x3x
Wed, 05 Jun 2024US$485.1bUS$159.6bUS$6.2b19.4x78.4x3x
Fri, 03 May 2024US$460.8bUS$160.4bUS$7.7b20.5x59.5x2.9x
Sun, 31 Mar 2024US$452.6bUS$125.8bUS$7.9b22.2x57.4x3.6x
Tue, 27 Feb 2024US$418.9bUS$127.9bUS$9.4b19.4x44.7x3.3x
Thu, 25 Jan 2024US$397.8bUS$139.2bUS$7.9b18.8x50.1x2.9x
Sat, 23 Dec 2023US$403.5bUS$139.3bUS$7.9b20.3x50.9x2.9x
Mon, 20 Nov 2023US$367.2bUS$139.0bUS$8.0b18.7x46.1x2.6x
Wed, 18 Oct 2023US$374.1bUS$144.1bUS$11.5b18.5x32.6x2.6x
Fri, 15 Sep 2023US$389.0bUS$144.2bUS$11.6b20.5x33.6x2.7x
Sun, 13 Aug 2023US$394.3bUS$144.8bUS$12.0b19.4x33x2.7x
Tue, 11 Jul 2023US$362.4bUS$130.9bUS$7.8b25.9x46.5x2.8x
Thu, 08 Jun 2023US$331.6bUS$131.1bUS$7.7b25.2x43.2x2.5x
Sat, 06 May 2023US$312.5bUS$130.3bUS$7.7b19.5x40.6x2.4x
Price to Earnings Ratio

40.6x


Total Market Cap: US$312.5bTotal Earnings: US$7.7bTotal Revenue: US$130.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 63.9x202420252026
Current Industry PE
  • Investors are pessimistic on the American Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 53.1x which is lower than its 3-year average PE of 63.9x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 6.1x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 9.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

US Market-0.028%
Industrials-0.53%
Electrical2.26%
Heavy Electrical Equipment8.17%
Electrical Components-1.03%
Industry PE
  • Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 53.8x.
    • Analysts are expecting annual earnings growth of 17.0%, which is higher than its past year's earnings growth of 13.6% per year.
  • Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading below its 3-year average of 76.3x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 15% 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$1.09k9.8%
+US$26.1b		193.4%PE31.2x
BE Bloom EnergyUS$226.372.5%
+US$1.6b		1,097.1%PS31.8x
ETN EatonUS$413.070.8%
+US$1.3b		42.1%PE39.2x
FPS Forgent Power SolutionsUS$36.898.3%
+US$686.7m		n/aPE613.9x
POWL Powell IndustriesUS$255.565.3%
+US$465.6m		318.7%PE49.6x

Latest News

GEV
US$1,088.93
GE Vernova
7D
9.8%
1Y
193.4%

GE Vernova (NYSE:GEV) Is Posting Healthy Earnings, But It Is Not All Good News

Apr 29
GE Vernova (NYSE:GEV) Is Posting Healthy Earnings, But It Is Not All Good News
BE
US$226.37
Bloom Energy
7D
2.5%
1Y
1,097.1%
THR
US$60.52
Thermon Group Holdings
7D
16.8%
1Y
128.4%
VRT
US$305.03
Vertiv Holdings Co
7D
-2.4%
1Y
253.9%
POWL
US$255.56
Powell Industries
7D
5.3%
1Y
318.7%
AMPX
US$19.69
Amprius Technologies
7D
-8.1%
1Y
786.9%

Amprius Technologies: Growth Continues To Impress, But Valuation Is Getting Lofty

Apr 26
HUBB
US$544.71
Hubbell
7D
-0.8%
1Y
51.5%
ETN
US$413.07
Eaton
7D
0.8%
1Y
42.1%
ROK
US$401.29
Rockwell Automation
7D
-2.1%
1Y
62.0%
RUN
US$12.97
Sunrun
7D
10.1%
1Y
74.8%
AYI
US$285.11
Acuity
7D
-3.8%
1Y
18.0%

AYI: Nonresidential Recovery And Seasonal Strength Will Support Future Upside

The updated analyst price target for Acuity reflects a modest reduction of about $1, as analysts factor in slightly higher discount rates and a higher assumed future P/E, along with relatively steady revenue growth and profit margin expectations. Analyst Commentary Recent research commentary on Acuity clusters around revised price targets and cautious tweaks to earnings assumptions, with most analysts citing project uncertainty and pressure in nonresidential activity as key inputs to their models.
EMR
US$138.42
Emerson Electric
7D
-4.4%
1Y
31.7%

EMR: AI Disruption Risk Will Shape Future Automation And Software Execution Outcomes

Analyst price targets for Emerson Electric have been adjusted modestly, with mixed recent research that includes several target cuts from Wells Fargo and Barclays alongside multiple target increases and rating changes. The updated target is $205.00 as analysts balance AI related competitive risks with company specific drivers.
AME
US$228.95
AMETEK
7D
-2.0%
1Y
36.4%

AME: AI Hardware Disruption And Cash Returns Will Guide Future Outcomes

Analysts made a small upward adjustment to the AMETEK price target to $250, reflecting modest tweaks to discount rate, revenue growth, margin, and P/E assumptions after a mix of recent bullish initiations, target changes, and AI related hardware risk commentary. Analyst Commentary Recent research on AMETEK reflects a mix of optimism around execution and valuation support, alongside fresh questions about long term risks linked to AI and high margin hardware exposure.
ATKR
US$77.92
Atkore
7D
12.2%
1Y
22.2%

ATKR: Stable P/E And Buyback Completion Will Shape Balanced Return Outlook

Narrative Update on Atkore Atkore’s updated analyst price target has moved modestly higher, with analysts pointing to refined assumptions around slightly stronger revenue growth, a small adjustment to the discount rate, and stable long term P/E expectations as key drivers of the new $74.00 figure. Analyst Commentary Recent Street research on Atkore points to a cluster of higher price targets, with adjustments tied mainly to updated revenue assumptions, valuation frameworks, and views on execution quality.
FPS
US$36.89
Forgent Power Solutions
7D
8.3%
1Y
n/a

Forgent Power Solutions: Powering On Post Its Public Offering

Apr 08
PSIX
US$69.15
Power Solutions International
7D
-18.1%
1Y
174.2%