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U.S. Electrical Industry Analysis

UpdatedMay 14, 2026
DataAggregated Company Financials
Companies134
  • 7D-2.1%
  • 3M24.3%
  • 1Y92.2%
  • YTD44.8%

Over the last 7 days, the Electrical industry has dropped 2.1%, driven by a pullback from GE Vernova of 5.0%. In the past year, the industry has gained 92%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 14 May 2026US$1.1tUS$172.0bUS$20.0b37.2x53.3x6.2x
Sat, 11 Apr 2026US$925.4bUS$167.6bUS$14.7b35x62.8x5.5x
Mon, 09 Mar 2026US$807.6bUS$166.9bUS$15.0b31.3x53.9x4.8x
Wed, 04 Feb 2026US$798.1bUS$162.6bUS$10.6b35.7x75x4.9x
Fri, 02 Jan 2026US$686.1bUS$161.8bUS$7.4b29.6x92.3x4.2x
Sun, 30 Nov 2025US$696.9bUS$161.8bUS$7.4b31x94.2x4.3x
Tue, 28 Oct 2025US$716.6bUS$159.3bUS$8.1b30.5x88x4.5x
Thu, 25 Sep 2025US$682.3bUS$157.1bUS$7.3b29.1x93.1x4.3x
Sat, 23 Aug 2025US$638.4bUS$157.1bUS$7.4b31.5x86.5x4.1x
Mon, 21 Jul 2025US$643.3bUS$153.6bUS$7.4b28.1x86.7x4.2x
Wed, 18 Jun 2025US$580.5bUS$153.4bUS$7.4b27.4x78.1x3.8x
Fri, 16 May 2025US$544.3bUS$153.3bUS$7.4b21.9x74x3.6x
Sun, 13 Apr 2025US$431.0bUS$151.6bUS$6.6b21.5x65.5x2.8x
Tue, 11 Mar 2025US$466.4bUS$151.6bUS$6.5b23.7x72.1x3.1x
Thu, 06 Feb 2025US$525.8bUS$151.8bUS$10.0b23.2x52.6x3.5x
Sat, 04 Jan 2025US$530.6bUS$151.1bUS$9.3b23.3x57.1x3.5x
Mon, 02 Dec 2024US$575.0bUS$151.1bUS$9.2b24.2x62.5x3.8x
Wed, 30 Oct 2024US$514.6bUS$152.2bUS$7.7b19x67x3.4x
Fri, 27 Sep 2024US$482.1bUS$151.2bUS$7.4b19.9x65.1x3.2x
Sun, 25 Aug 2024US$443.8bUS$151.3bUS$7.2b18.5x61.5x2.9x
Tue, 23 Jul 2024US$469.0bUS$157.0bUS$5.8b20.8x80.3x3x
Thu, 20 Jun 2024US$484.6bUS$159.6bUS$6.2b19.2x78x3x
Sat, 18 May 2024US$487.8bUS$160.8bUS$7.9b19.6x62.1x3x
Mon, 15 Apr 2024US$482.4bUS$159.1bUS$7.5b21.2x64.7x3x
Wed, 13 Mar 2024US$427.9bUS$126.0bUS$7.9b20.8x54.4x3.4x
Fri, 09 Feb 2024US$407.1bUS$130.3bUS$9.6b19.4x42.6x3.1x
Sun, 07 Jan 2024US$389.9bUS$139.3bUS$7.9b19.5x49.2x2.8x
Tue, 05 Dec 2023US$377.4bUS$139.3bUS$8.0b19.1x47.2x2.7x
Thu, 02 Nov 2023US$349.2bUS$145.1bUS$11.6b16.7x30.1x2.4x
Sat, 30 Sep 2023US$379.5bUS$144.2bUS$11.5b19.7x33x2.6x
Mon, 28 Aug 2023US$393.8bUS$144.2bUS$11.6b19.8x33.9x2.7x
Wed, 26 Jul 2023US$369.8bUS$131.2bUS$7.9b25.8x46.9x2.8x
Fri, 23 Jun 2023US$351.2bUS$131.1bUS$7.6b25.1x46.2x2.7x
Sun, 21 May 2023US$314.7bUS$130.9bUS$7.8b22.7x40.5x2.4x
Price to Earnings Ratio

40.5x


Total Market Cap: US$314.7bTotal Earnings: US$7.8bTotal Revenue: US$130.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 64.1x202420252026
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 53.3x which is lower than its 3-year average PE of 64.1x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 6.2x.
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 9.5% 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 Market0.55%
Industrials-1.83%
Electrical-2.08%
Electrical Components-1.21%
Heavy Electrical Equipment-3.47%
Industry PE
  • Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 54.2x.
    • Analysts expect its future annual earnings growth (18.9%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading below its 3-year average of 77.1x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Heavy Electrical Equipment 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
VRT Vertiv Holdings CoUS$369.993.1%
+US$4.3b		238.0%PE91.2x
NXT NextpowerUS$136.378.2%
+US$1.5b		147.8%PE34.6x
VICR VicorUS$309.2710.3%
+US$1.3b		600.0%PE103.1x
BE Bloom EnergyUS$289.761.5%
+US$1.2b		1,330.9%PE13661.6x
FLNC Fluence EnergyUS$22.1063.0%
+US$1.1b		305.5%PS1.1x

Latest News

AME
US$231.42
AMETEK
7D
-4.1%
1Y
29.0%
Seeking Alpha • 2h

Ametek Takes Aim At Broadening Its Aerospace And Defense Footprint

Summary Ametek, Inc. is positioned for durable growth, leveraging megatrends in aerospace & defense, semiconductors, and data centers. Recent acquisitions—First Aviation and Indicor ($5B)—significantly expand AME’s aerospace, defense, and instrumentation capabilities, with value accretion expected from late 2026. I reiterate my buy rating on AME stock with a $272/share price target at 20.23x eFY28 EV/aEBITDA, citing robust market dynamics and strategic expansion. Short-term volatility may offer a more attractive entry, but long-term tailwinds and acquisition synergies support continued upside. Read the full article on Seeking Alpha
NXT
US$136.37
Nextpower
7D
8.2%
1Y
147.8%
FLNC
US$22.10
Fluence Energy
7D
63.0%
1Y
305.5%
GEV
US$1,062.57
GE Vernova
7D
-5.0%
1Y
145.5%
Seeking Alpha • 5h

GE Vernova: Why I Believe This Power Infrastructure Winner Has 60% Upside

Summary I am rating GE Vernova a Strong Buy because I believe the AI infrastructure trade is shifting from chips to electricity and sits inside that bottleneck through its portfolio. The main growth drivers are Power and Electrification. My model assumes 2028 Power EBITDA of $8Bn and 2028 Electrification EBITDA of $6.1Bn, helped by backlog growth, pricing and data-center demand. My price target is $1,717 per share implying a 60% potential upside. The PT is based on $13.7Bn of 2028 adjusted EBITDA and a 34x EBITDA multiple. The biggest risk is valuation compression if Power and Electrification growth disappoints. Still, I believe that the the risk-reward remains attractive. Read the full article on Seeking Alpha
POWL
US$300.84
Powell Industries
7D
-6.1%
1Y
388.5%
VICR
US$309.27
Vicor
7D
10.3%
1Y
600.0%
EMR
US$137.76
Emerson Electric
7D
-6.9%
1Y
13.4%
PLUG
US$3.96
Plug Power
7D
19.6%
1Y
404.3%
RRX
US$205.72
Regal Rexnord
7D
-11.1%
1Y
44.5%
VRT
US$369.99
Vertiv Holdings Co
7D
3.1%
1Y
238.0%
PSIX
US$45.11
Power Solutions International
7D
-39.4%
1Y
27.6%
New Narrative • May 12

Data Center Power Infrastructure And Vertical Integration Will Reshape Long Term Earnings Profile

Catalysts About Power Solutions International Power Solutions International designs and manufactures emission certified engines and integrated power systems for data centers, standby power, oil and gas, industrial and transportation markets. What are the underlying business or industry changes driving this perspective?
EOSE
US$8.28
Eos Energy Enterprises
7D
26.6%
1Y
19.3%
BE
US$289.76
Bloom Energy
7D
1.5%
1Y
1,330.9%
ETN
US$406.94
Eaton
7D
-3.4%
1Y
23.7%
HUBB
US$483.79
Hubbell
7D
-3.7%
1Y
25.4%
FPS
US$45.52
Forgent Power Solutions
7D
6.7%
1Y
n/a