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U.S. Electrical Industry Analysis

UpdatedSep 12, 2025
DataAggregated Company Financials
Companies128
  • 7D4.3%
  • 3M19.5%
  • 1Y51.8%
  • YTD27.4%

In the last week, the Electrical industry is up 4.3%, with GE Vernova up 5.9%. Meanwhile, Enovix actually underperformed within the industry, shrinking 11% in the last week. In the last 12 months, the industry was up 52%. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Sep 2025US$667.8bUS$157.1bUS$7.3b30.8x91x4.2x
Sun, 10 Aug 2025US$659.8bUS$156.8bUS$7.5b30.6x88.4x4.2x
Tue, 08 Jul 2025US$620.8bUS$153.6bUS$7.4b27.6x83.7x4x
Thu, 05 Jun 2025US$560.0bUS$153.4bUS$7.4b26.1x76.1x3.7x
Sat, 03 May 2025US$476.4bUS$153.0bUS$7.3b22.5x65.4x3.1x
Mon, 31 Mar 2025US$443.7bUS$151.5bUS$6.6b22.9x67.4x2.9x
Wed, 26 Feb 2025US$488.7bUS$151.4bUS$9.9b25.6x49.6x3.2x
Fri, 24 Jan 2025US$597.3bUS$151.7bUS$9.5b23.9x62.8x3.9x
Sun, 22 Dec 2024US$536.7bUS$151.1bUS$9.3b22.5x57.9x3.6x
Tue, 19 Nov 2024US$552.1bUS$150.5bUS$9.2b23.5x59.9x3.7x
Thu, 17 Oct 2024US$507.1bUS$151.2bUS$7.5b19.9x67.5x3.4x
Sat, 14 Sep 2024US$448.4bUS$151.3bUS$7.3b18.1x61.2x3x
Mon, 12 Aug 2024US$427.8bUS$150.9bUS$7.1b18.1x60.1x2.8x
Wed, 10 Jul 2024US$469.8bUS$157.0bUS$5.8b18.9x80.4x3x
Fri, 07 Jun 2024US$484.2bUS$159.6bUS$6.2b19x78.3x3x
Sun, 05 May 2024US$475.2bUS$160.5bUS$7.7b20.8x61.6x3x
Tue, 02 Apr 2024US$452.6bUS$125.8bUS$7.9b22.6x57.4x3.6x
Thu, 29 Feb 2024US$420.7bUS$127.8bUS$9.4b19.3x44.8x3.3x
Sat, 27 Jan 2024US$397.8bUS$139.2bUS$8.0b19.6x50x2.9x
Mon, 25 Dec 2023US$403.6bUS$139.3bUS$7.9b20.3x50.9x2.9x
Wed, 22 Nov 2023US$367.2bUS$139.0bUS$8.0b18.7x46.1x2.6x
Fri, 20 Oct 2023US$350.8bUS$144.1bUS$11.5b17.4x30.5x2.4x
Sun, 17 Sep 2023US$390.2bUS$144.2bUS$11.6b20.1x33.7x2.7x
Tue, 15 Aug 2023US$395.8bUS$144.8bUS$12.0b19.5x33.1x2.7x
Thu, 13 Jul 2023US$366.6bUS$130.9bUS$7.8b26.4x47x2.8x
Sat, 10 Jun 2023US$337.1bUS$131.1bUS$7.7b24.5x44x2.6x
Mon, 08 May 2023US$312.7bUS$130.3bUS$7.7b19.5x40.6x2.4x
Wed, 05 Apr 2023US$310.8bUS$128.1bUS$7.7b17.9x40.3x2.4x
Fri, 03 Mar 2023US$320.7bUS$116.4bUS$9.1b21.6x35.3x2.8x
Sun, 29 Jan 2023US$311.0bUS$114.2bUS$8.9b20.6x35x2.7x
Tue, 27 Dec 2022US$292.6bUS$113.8bUS$8.8b18.8x33.4x2.6x
Thu, 24 Nov 2022US$313.4bUS$113.4bUS$8.7b18.7x36.1x2.8x
Sat, 22 Oct 2022US$271.7bUS$108.4bUS$8.5b19.1x32.1x2.5x
Mon, 19 Sep 2022US$293.5bUS$107.9bUS$8.4b20.1x34.9x2.7x
Price to Earnings Ratio

34.9x


Total Market Cap: US$293.5bTotal Earnings: US$8.4bTotal Revenue: US$107.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 54.1x202320242025
Current Industry PE
  • Investors are optimistic on the American Electrical industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 91.0x which is higher than its 3-year average PE of 54.1x.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have declined 4.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 13% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

US Market1.80%
Industrials1.26%
Electrical4.26%
Heavy Electrical Equipment6.51%
Electrical Components3.31%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 30.1x.
    • Analysts are expecting annual earnings growth of 35.2%, which is lower than the prior year's growth of 72.3% per year.
  • Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 46.1x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 35% over the next 5 years.
  • However this is lower than its past earnings growth rate of 72% per year.
  • In contrast, the Electrical Components 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$634.155.9%
+US$9.6b		194.6%PE149.3x
ETN EatonUS$360.083.4%
+US$4.6b		18.7%PE35.7x
VRT Vertiv Holdings CoUS$135.718.0%
+US$3.8b		56.4%PE63.8x
BE Bloom EnergyUS$67.2922.5%
+US$2.9b		548.3%PE665.8x
EMR Emerson ElectricUS$137.473.3%
+US$2.5b		35.5%PE35x

Latest News

BE
US$67.29
Bloom Energy
7D
22.5%
1Y
548.3%
AME
US$192.03
AMETEK
7D
2.2%
1Y
15.1%
HUBB
US$450.93
Hubbell
7D
3.1%
1Y
13.0%
ADSE
US$9.18
ADS-TEC Energy
7D
-10.9%
1Y
-29.1%
VRT
US$135.71
Vertiv Holdings Co
7D
8.0%
1Y
56.4%
NXT
US$67.50
Nextracker
7D
-2.0%
1Y
88.4%
ETN
US$360.08
Eaton
7D
3.4%
1Y
18.7%
ARRY
US$7.85
Array Technologies
7D
-13.6%
1Y
17.5%
SMR
US$35.18
NuScale Power
7D
-2.4%
1Y
307.6%

RoPower SMR Technology Will Accelerate Manufacturing And Deployment

NuScale Power's analyst price target has risen to $42.30, reflecting increased confidence driven by a major 6GW SMR capacity collaboration with TVA/ENTRA1, upwardly revised deployment and revenue assumptions, and positive sector tailwinds, though ongoing execution risks and valuation concerns remain. Analyst Commentary NuScale secured the largest ever U.S. small modular reactor (SMR) capacity commitment through a collaboration with the Tennessee Valley Authority and ENTRA1 Energy for up to 6GW, validating its technology and providing significant commercial momentum.
ROK
US$350.54
Rockwell Automation
7D
2.5%
1Y
35.9%

Industrial Automation And Digital Transformation Will Unlock Market Opportunities

As both the discount rate (8.90%) and net profit margin (15.41%) for Rockwell Automation remained unchanged, the consensus analyst price target was maintained at $350.50. What's in the News Rockwell Automation completed a buyback tranche, repurchasing 473,929 shares for $122.9 million, totaling 34.75 million shares repurchased under the program.
EMR
US$137.47
Emerson Electric
7D
3.3%
1Y
35.5%

Digital Automation And AI Adoption Will Fuel Global Modernization

Despite stable process markets, solid demand, and improved margin outlook following Emerson's portfolio shift, consensus analyst price targets remain unchanged at $149.69, reflecting more realistic market expectations and increased conviction in the company's long-term growth. Analyst Commentary Market expectations for Emerson's process and industrial capex outlook have become more realistic, supported by stable process markets expected into 2026.
GEV
US$634.15
GE Vernova
7D
5.9%
1Y
194.6%
RUN
US$16.01
Sunrun
7D
-2.6%
1Y
-14.7%

Grid And Solar Services Will Shape Future Energy Landscape

Analysts have increased Sunrun’s price target as favorable U.S. Treasury and Senate guidance has extended key tax credits and removed regulatory overhangs, outweighing ongoing cost and regulatory risks, resulting in a revised fair value of $15.29. Analyst Commentary Recent U.S. Treasury guidance maintains favorable tax credit treatment for residential solar, removing anticipated restrictions and providing regulatory clarity, which is positive for Sunrun.
ENVX
US$8.00
Enovix
7D
-11.3%
1Y
-14.3%

Malaysia Manufacturing And Defense Expansion Will Unlock Battery Opportunities

Enovix's price target was raised to $29.50 as analysts cited strong Q2 results, new product launches in advanced battery technology, and shareholder-friendly capital moves, though some caution valuation after a sharp share price rally. Analyst Commentary Bullish analysts cite robust preliminary Q2 and June results, with revenue and adjusted EBITDA beating expectations, primarily driven by the Korean divisions.
RRX
US$144.93
Regal Rexnord
7D
-1.6%
1Y
-2.6%

Getting In Cheap On Regal Rexnord Corporation (NYSE:RRX) Is Unlikely

Aug 09
Getting In Cheap On Regal Rexnord Corporation (NYSE:RRX) Is Unlikely
VICR
US$50.96
Vicor
7D
-1.8%
1Y
38.9%