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U.S. Electrical Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies130
  • 7D-2.0%
  • 3M15.1%
  • 1Y70.5%
  • YTD13.2%

Over the last 7 days, the Electrical industry has dropped 2.0%, driven by a pullback from Emerson Electric of 5.7%. This takes the industry's 12 month performance to a gain of 70%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Mar 2026US$825.5bUS$166.9bUS$15.0b31.4x55x4.9x
Thu, 12 Feb 2026US$843.2bUS$166.0bUS$11.1b37.2x75.8x5.1x
Sat, 10 Jan 2026US$706.6bUS$162.0bUS$7.4b31.4x94.9x4.4x
Mon, 08 Dec 2025US$716.3bUS$161.8bUS$7.4b31.3x96.5x4.4x
Wed, 05 Nov 2025US$737.1bUS$160.7bUS$8.0b30.3x92x4.6x
Fri, 03 Oct 2025US$690.5bUS$157.3bUS$7.3b29.1x94.3x4.4x
Sun, 31 Aug 2025US$649.2bUS$157.1bUS$7.4b30.2x87.8x4.1x
Tue, 29 Jul 2025US$688.2bUS$154.5bUS$6.7b28.2x103x4.5x
Thu, 26 Jun 2025US$592.2bUS$153.4bUS$7.4b26.7x79.7x3.9x
Sat, 24 May 2025US$539.5bUS$153.4bUS$7.4b26.1x73.3x3.5x
Mon, 21 Apr 2025US$428.1bUS$151.6bUS$6.6b21.6x65.1x2.8x
Wed, 19 Mar 2025US$478.1bUS$151.5bUS$6.4b23.3x74.6x3.2x
Fri, 14 Feb 2025US$528.9bUS$151.4bUS$9.8b26x53.8x3.5x
Sun, 12 Jan 2025US$542.4bUS$147.3bUS$8.8b22.3x61.7x3.7x
Tue, 10 Dec 2024US$574.6bUS$151.1bUS$9.3b23.7x61.9x3.8x
Thu, 07 Nov 2024US$526.4bUS$152.8bUS$8.0b22x65.6x3.4x
Sat, 05 Oct 2024US$486.9bUS$151.2bUS$7.4b19.9x65.4x3.2x
Mon, 02 Sep 2024US$453.9bUS$151.3bUS$7.3b18.8x62.3x3x
Wed, 31 Jul 2024US$463.0bUS$157.3bUS$7.4b19.8x62.7x2.9x
Fri, 28 Jun 2024US$470.3bUS$159.6bUS$6.2b19.6x75.7x2.9x
Sun, 26 May 2024US$507.1bUS$159.6bUS$6.2b21.9x82x3.2x
Tue, 23 Apr 2024US$450.8bUS$159.1bUS$7.5b20.1x60.2x2.8x
Thu, 21 Mar 2024US$437.5bUS$126.0bUS$7.9b21.4x55.1x3.5x
Sat, 17 Feb 2024US$418.1bUS$129.3bUS$9.4b19.7x44.4x3.2x
Mon, 15 Jan 2024US$391.5bUS$139.2bUS$7.9b19.3x49.3x2.8x
Wed, 13 Dec 2023US$382.2bUS$139.3bUS$7.9b19.2x48.2x2.7x
Fri, 10 Nov 2023US$350.8bUS$140.2bUS$8.8b16.9x40x2.5x
Sun, 08 Oct 2023US$370.4bUS$144.1bUS$11.5b18.7x32.3x2.6x
Tue, 05 Sep 2023US$406.8bUS$144.0bUS$11.6b20.7x35x2.8x
Thu, 03 Aug 2023US$397.0bUS$144.2bUS$12.2b24.7x32.6x2.8x
Sat, 01 Jul 2023US$363.4bUS$131.0bUS$7.6b26.2x47.8x2.8x
Mon, 29 May 2023US$322.5bUS$131.0bUS$7.8b22.9x41.4x2.5x
Wed, 26 Apr 2023US$307.0bUS$128.2bUS$7.7b19x39.7x2.4x
Fri, 24 Mar 2023US$308.8bUS$127.9bUS$7.8b18.2x39.8x2.4x
Price to Earnings Ratio

39.8x


Total Market Cap: US$308.8bTotal Earnings: US$7.8bTotal Revenue: US$127.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 63.1x202420252026
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 55.0x which is lower than its 3-year average PE of 63.1x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 9.3% 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-2.40%
Industrials-3.83%
Electrical-1.97%
Electrical Components-1.72%
Heavy Electrical Equipment-2.44%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry, which is trading close to its 3-year average PE ratio of 72.8x.
    • Analysts are expecting annual earnings growth of 25.3%, which is lower than the prior year's growth of 214.7% per year.
  • Investors are most pessimistic about the Electrical Components industry, which is trading close to its 3-year average of 52.9x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 25% over the next 5 years.
  • However this is lower than its past earnings growth rate of 215% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 16% 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
ETN EatonUS$361.042.0%
+US$2.8b		21.5%PE34.3x
NXT NextpowerUS$118.099.2%
+US$1.5b		157.3%PE29.6x
NVT nVent ElectricUS$114.305.7%
+US$997.9m		101.6%PE43.1x
VICR VicorUS$185.429.1%
+US$687.2m		234.0%PE69.8x
BE Bloom EnergyUS$153.681.6%
+US$662.1m		535.3%PS21.3x

Latest News

ETN
US$361.04
Eaton
7D
2.0%
1Y
21.5%
AME
US$214.51
AMETEK
7D
-4.7%
1Y
20.1%
VICR
US$185.42
Vicor
7D
9.1%
1Y
234.0%

VICR: Higher P/E Assumptions And Buybacks Will Support Bullish Outlook

Analysts have raised their price target on Vicor from $196.25 to $208.75, citing updated assumptions around the discount rate, long-term revenue growth, profit margins, and future P/E that are consistent with recent Street research commentary. Analyst Commentary Recent Street research has focused on how updated assumptions around discount rates, long term revenue growth, profit margins, and future P/E feed into the higher price target for Vicor.
EMR
US$133.09
Emerson Electric
7D
-5.7%
1Y
17.2%

EMR: AI Exposure And High Margins Will Support Future Upside

Emerson Electric's updated analyst price target holds steady at $204. Analysts are balancing slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E with a mix of recent target raises and downgrades that reflect both AI driven opportunity and competitive risk in high margin industrial hardware and software.
AYI
US$264.51
Acuity
7D
-3.6%
1Y
-1.0%

AYI: Q1 Execution And Share Pullback Will Support Future Upside Potential

Acuity's analyst price targets have pulled back modestly, with the average fair value estimate easing by about $1.88 to $389.38. Analysts are factoring in softer nonresidential activity, questions around ABL segment margins and pricing power, and slightly tempered near term expectations despite recent earnings upside.
NVT
US$114.30
nVent Electric
7D
5.7%
1Y
101.6%
BE
US$153.68
Bloom Energy
7D
1.6%
1Y
535.3%

Bloom Energy Corp (BE): The AI "Bridge-to-Power" – Scaling to 2GW Capacity for the Next-Gen Data Center.

Bloom Energy has transitioned from a clean-energy alternative into a critical infrastructure provider for the AI revolution. Trading at $135.19 as of the March 6, 2026, close, the stock has experienced a sharp 15.5% "digestion" pullback from its recent highs above $180, despite fundamentally strong momentum.
GEV
US$827.37
GE Vernova
7D
-0.3%
1Y
149.2%

GEV: Long Term Equipment Contracts Will Support Stronger Future Returns

Analysts have lifted their price target on GE Vernova to $1,019, reflecting slightly updated assumptions on discount rate, revenue growth, profit margin, and future P/E that support a steady valuation framework. What's in the News OPC Energy agreed to purchase main equipment from GE Vernova for the Hadera 2 natural gas power project in Israel, covering gas and steam turbines, auxiliary systems, and a maintenance agreement.
RRX
US$188.44
Regal Rexnord
7D
-3.9%
1Y
59.1%

RRX: Higher Margin Outlook Will Offset AI Hardware Pressure Concerns

Our updated narrative price target for Regal Rexnord increases by about $4 to roughly $236, as analysts weigh stronger assumed profit margins against a slightly higher discount rate and a more moderate future P/E multiple, while also flagging potential AI related pressure on high margin hardware exposure. Analyst Commentary Recent Street research on Regal Rexnord centers on two themes: the reassessment of valuation after multiple price target changes, and the risk that AI-driven automation could pressure high-margin hardware economics over time.
ROK
US$364.05
Rockwell Automation
7D
-3.1%
1Y
39.0%

ROK: Factory Digitization And Profitability Focus Will Support A More Optimistic Outlook

Analysts have nudged their fair value estimate for Rockwell Automation up from $490 to $495, citing updated assumptions around discount rate, revenue growth, profit margin, and future P/E. Together, these changes modestly shift their view of the stock’s risk and earnings profile.
RUN
US$12.78
Sunrun
7D
12.8%
1Y
83.4%

RUN: Asset Monetization And Cash Generation Will Support Post Incentive Equity Upside

Narrative Update on Sunrun The analyst price target in our model moves slightly lower from $22.74 to $22.20 as analysts temper revenue growth and profit margin assumptions and point to elevated valuation compared with peers, while also highlighting cash generation and asset monetization as key supports. Analyst Commentary Recent research on Sunrun is mixed, with some analysts encouraged by cash generation and asset monetization, while others focus on valuation risk and forecasting uncertainties.
HUBB
US$472.64
Hubbell
7D
-3.1%
1Y
37.4%

HUBB: Firmer AI Demand And 2026 Outlook Will Shape Future Returns

Analysts have nudged their price targets on Hubbell higher into the $465 to $515 range, pointing to updated estimates and a firmer demand outlook supported by artificial intelligence related orders, along with cautious expectations for 2026 guidance. Analyst Commentary Recent research has clustered price targets for Hubbell in the $465 to $515 range, with several bullish analysts pointing to refreshed estimates ahead of Q4 and early views on 2026 guidance.
GNRC
US$202.48
Generac Holdings
7D
-2.2%
1Y
52.8%
TE
US$7.72
T1 Energy
7D
7.8%
1Y
379.5%

TE: Future Returns Will Rely On Austin Cell Buildout And Domestic Content

Analysts have nudged their price target on T1 Energy to $10.50, reflecting refined assumptions around discount rate, revenue growth, profit margin and future P/E. Their overall valuation view remains broadly unchanged.
NXT
US$118.09
Nextpower
7D
9.2%
1Y
157.3%
PSIX
US$59.26
Power Solutions International
7D
13.2%
1Y
79.1%