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U.S. Electrical Industry Analysis

UpdatedApr 30, 2026
DataAggregated Company Financials
Companies132
  • 7D-1.4%
  • 3M24.1%
  • 1Y109.7%
  • YTD36.3%

Over the last 7 days, the Electrical industry has risen 2.3%, driven by gains from Bloom Energy of 25%. During this same period, the GE Vernova underperformed, falling 5.7%. In the last 12 months, the industry was up 112%. 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
Thu, 30 Apr 2026US$1.0tUS$169.9bUS$19.7b34.6x51.4x6x
Sat, 28 Mar 2026US$832.1bUS$167.2bUS$15.0b31.5x55.6x5x
Mon, 23 Feb 2026US$863.2bUS$166.5bUS$11.3b35.5x76.4x5.2x
Wed, 21 Jan 2026US$757.7bUS$162.0bUS$7.4b32.4x101.8x4.7x
Fri, 19 Dec 2025US$662.9bUS$161.8bUS$7.4b31.2x89.3x4.1x
Sun, 16 Nov 2025US$686.5bUS$162.0bUS$7.5b28.4x91.1x4.2x
Tue, 14 Oct 2025US$695.8bUS$157.3bUS$7.3b28.8x95x4.4x
Thu, 11 Sep 2025US$656.7bUS$157.1bUS$7.3b30.1x89.5x4.2x
Sat, 09 Aug 2025US$658.5bUS$156.7bUS$7.4b30.6x88.7x4.2x
Mon, 07 Jul 2025US$620.7bUS$153.6bUS$7.4b28.5x83.8x4x
Wed, 04 Jun 2025US$549.1bUS$153.4bUS$7.4b26.1x74.6x3.6x
Fri, 02 May 2025US$468.1bUS$153.0bUS$7.2b21.9x64.8x3.1x
Sun, 30 Mar 2025US$443.7bUS$151.5bUS$6.6b22.9x67.4x2.9x
Tue, 25 Feb 2025US$500.3bUS$151.4bUS$9.9b24.4x50.7x3.3x
Thu, 23 Jan 2025US$586.1bUS$151.1bUS$9.2b24.1x63.6x3.9x
Sat, 21 Dec 2024US$527.2bUS$151.1bUS$9.3b22.5x56.9x3.5x
Mon, 18 Nov 2024US$552.1bUS$150.5bUS$9.2b23.3x59.9x3.7x
Wed, 16 Oct 2024US$502.1bUS$151.2bUS$7.5b19.7x66.8x3.3x
Fri, 13 Sep 2024US$440.4bUS$151.3bUS$7.3b17.8x60.1x2.9x
Sun, 11 Aug 2024US$427.8bUS$150.9bUS$7.1b18.1x60.1x2.8x
Tue, 09 Jul 2024US$465.5bUS$157.0bUS$5.8b19x79.6x3x
Thu, 06 Jun 2024US$472.7bUS$159.6bUS$6.2b19.6x76.4x3x
Sat, 04 May 2024US$464.7bUS$160.5bUS$7.7b20.8x60.3x2.9x
Mon, 01 Apr 2024US$452.6bUS$125.8bUS$7.9b22.2x57.4x3.6x
Wed, 28 Feb 2024US$419.2bUS$127.9bUS$9.4b19.6x44.7x3.3x
Fri, 26 Jan 2024US$393.0bUS$139.2bUS$8.0b19.4x49.4x2.8x
Sun, 24 Dec 2023US$403.5bUS$139.3bUS$7.9b20.3x50.9x2.9x
Tue, 21 Nov 2023US$367.2bUS$139.0bUS$8.0b18.7x46.1x2.6x
Thu, 19 Oct 2023US$356.3bUS$144.1bUS$11.5b17.8x31x2.5x
Sat, 16 Sep 2023US$389.0bUS$144.2bUS$11.6b20.5x33.6x2.7x
Mon, 14 Aug 2023US$394.3bUS$144.8bUS$12.0b19.4x33x2.7x
Wed, 12 Jul 2023US$365.1bUS$130.9bUS$7.8b26.2x46.8x2.8x
Fri, 09 Jun 2023US$337.9bUS$131.1bUS$7.7b25.1x44.1x2.6x
Sun, 07 May 2023US$312.7bUS$130.3bUS$7.7b19.5x40.6x2.4x
Price to Earnings Ratio

40.6x


Total Market Cap: US$312.7bTotal 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-0.18%
Industrials-1.13%
Electrical-1.38%
Electrical Components-1.33%
Heavy Electrical Equipment-1.45%
Industry PE
  • Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 53.9x.
    • 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 76.4x.
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
BE Bloom EnergyUS$287.9725.3%
+US$16.6b		1,471.9%PE13577x
GNRC Generac HoldingsUS$252.9218.4%
+US$2.3b		121.1%PE93x
VRT Vertiv Holdings CoUS$306.180.3%
+US$399.5m		258.6%PE75.5x
FPS Forgent Power SolutionsUS$36.304.7%
+US$395.5m		n/aPE604.1x
PLUG Plug PowerUS$3.417.2%
+US$320.6m		300.4%PS6.7x

Latest News

ENS
US$205.46
EnerSys
7D
1.7%
1Y
137.3%
GNRC
US$252.92
Generac Holdings
7D
18.4%
1Y
121.1%
BE
US$287.97
Bloom Energy
7D
25.3%
1Y
1,471.9%
GEV
US$1,063.11
GE Vernova
7D
-5.7%
1Y
186.7%

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Apr 29
GE Vernova (NYSE:GEV) Is Posting Healthy Earnings, But It Is Not All Good News
SMR
US$11.32
NuScale Power
7D
-16.6%
1Y
-31.7%

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Apr 29
RRX
US$203.82
Regal Rexnord
7D
-3.5%
1Y
92.6%
PLUG
US$3.41
Plug Power
7D
7.2%
1Y
300.4%
THR
US$59.31
Thermon Group Holdings
7D
11.1%
1Y
126.1%

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NXT
US$114.27
Nextpower
7D
-8.1%
1Y
172.9%

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Analysts have kept Nextpower’s price target steady at $145.00. They cite updated assumptions for a lower discount rate, slightly higher revenue growth and profit margin expectations, and a reduced future P/E multiple as reasons for maintaining their view.
VRT
US$306.18
Vertiv Holdings Co
7D
0.3%
1Y
258.6%
ETN
US$410.77
Eaton
7D
-0.7%
1Y
39.5%
ROK
US$400.20
Rockwell Automation
7D
-1.7%
1Y
61.6%
EMR
US$136.56
Emerson Electric
7D
-4.3%
1Y
29.9%

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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$227.87
AMETEK
7D
-1.1%
1Y
34.4%

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$75.35
Atkore
7D
5.7%
1Y
18.0%

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$36.30
Forgent Power Solutions
7D
4.7%
1Y
n/a

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Apr 08