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U.S. Electrical Industry Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies132
  • 7D2.0%
  • 3M26.7%
  • 1Y75.8%
  • YTD20.8%

The Electrical industry is up 2.0% in the last week, with GE Vernova up 5.2%. During this same period, the Nextpower underperformed, falling 12%. In the last 12 months, the industry was up 76%. 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
Sun, 01 Mar 2026US$881.1bUS$167.2bUS$14.3b33.3x61.8x5.3x
Tue, 27 Jan 2026US$750.2bUS$162.2bUS$7.5b31.7x100.6x4.6x
Thu, 25 Dec 2025US$704.0bUS$161.8bUS$7.4b30.3x94.9x4.4x
Sat, 22 Nov 2025US$647.8bUS$161.9bUS$7.4b30.6x87.3x4x
Mon, 20 Oct 2025US$706.7bUS$157.3bUS$7.3b30.4x96.5x4.5x
Wed, 17 Sep 2025US$679.0bUS$157.1bUS$7.3b30.1x92.6x4.3x
Fri, 15 Aug 2025US$662.8bUS$157.0bUS$7.4b32.4x89.5x4.2x
Sun, 13 Jul 2025US$617.2bUS$153.6bUS$7.4b27.6x83.2x4x
Tue, 10 Jun 2025US$567.5bUS$153.4bUS$7.4b26.2x76.3x3.7x
Thu, 08 May 2025US$484.4bUS$153.3bUS$7.4b22.1x65.8x3.2x
Sat, 05 Apr 2025US$418.9bUS$151.6bUS$6.6b21.1x63.6x2.8x
Mon, 03 Mar 2025US$494.0bUS$151.6bUS$7.3b23.9x67.6x3.3x
Wed, 29 Jan 2025US$518.8bUS$151.7bUS$9.5b23.4x54.6x3.4x
Fri, 27 Dec 2024US$542.7bUS$151.1bUS$9.3b23.2x58.5x3.6x
Sun, 24 Nov 2024US$583.9bUS$150.5bUS$9.2b24x63.8x3.9x
Tue, 22 Oct 2024US$513.1bUS$151.2bUS$7.5b19.3x68.3x3.4x
Thu, 19 Sep 2024US$463.6bUS$151.2bUS$7.4b18.1x62.8x3.1x
Sat, 17 Aug 2024US$444.0bUS$151.3bUS$7.2b18.5x61.4x2.9x
Mon, 15 Jul 2024US$488.7bUS$157.0bUS$5.8b19.7x83.6x3.1x
Wed, 12 Jun 2024US$480.5bUS$159.6bUS$6.2b19.7x77.5x3x
Fri, 10 May 2024US$485.2bUS$160.9bUS$7.7b21.5x63x3x
Sun, 07 Apr 2024US$457.6bUS$125.8bUS$7.9b22.6x58.2x3.6x
Tue, 05 Mar 2024US$432.2bUS$126.0bUS$7.9b20.9x54.8x3.4x
Thu, 01 Feb 2024US$402.6bUS$139.4bUS$8.0b19.3x50.2x2.9x
Sat, 30 Dec 2023US$406.8bUS$139.3bUS$7.9b20.8x51.4x2.9x
Mon, 27 Nov 2023US$366.2bUS$139.0bUS$7.9b18.8x46.1x2.6x
Wed, 25 Oct 2023US$342.3bUS$144.1bUS$11.5b17.2x29.8x2.4x
Fri, 22 Sep 2023US$377.6bUS$144.2bUS$11.6b19.3x32.6x2.6x
Sun, 20 Aug 2023US$384.2bUS$144.2bUS$11.6b19.1x33.1x2.7x
Tue, 18 Jul 2023US$368.9bUS$131.0bUS$7.8b27.1x47.4x2.8x
Thu, 15 Jun 2023US$349.5bUS$131.1bUS$7.7b25x45.6x2.7x
Sat, 13 May 2023US$309.2bUS$130.8bUS$7.8b20.4x39.8x2.4x
Mon, 10 Apr 2023US$300.4bUS$128.1bUS$7.9b17.6x38x2.3x
Wed, 08 Mar 2023US$322.7bUS$116.6bUS$9.2b21.5x35x2.8x
Price to Earnings Ratio

35x


Total Market Cap: US$322.7bTotal Earnings: US$9.2bTotal Revenue: US$116.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 62.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Electrical industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 62.8x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 13% 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-0.57%
Industrials-0.32%
Electrical2.01%
Heavy Electrical Equipment4.87%
Electrical Components0.59%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 71.5x.
    • Analysts are expecting annual earnings growth of 24.2%, which is lower than the prior year's growth of 122.9% per year.
  • Investors are most pessimistic about the Electrical Components industry, which is trading close to its 3-year average of 52.7x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 24% over the next 5 years.
  • However this is lower than its past earnings growth rate of 123% 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
GEV GE VernovaUS$873.605.2%
+US$11.7b		160.6%PE48.2x
VRT Vertiv Holdings CoUS$254.894.6%
+US$4.3b		167.8%PE73.2x
BE Bloom EnergyUS$155.675.5%
+US$2.3b		548.1%PS21.6x
VICR VicorUS$201.4018.5%
+US$1.4b		218.0%PE75.9x
AME AMETEKUS$239.222.4%
+US$1.3b		26.4%PE37x

Latest News

ROK
US$407.45
Rockwell Automation
7D
2.2%
1Y
41.9%
RUN
US$13.25
Sunrun
7D
-34.7%
1Y
82.8%
AYI
US$301.59
Acuity
7D
-3.0%
1Y
1.5%
EOSE
US$5.70
Eos Energy Enterprises
7D
-46.8%
1Y
30.3%
ETN
US$375.92
Eaton
7D
0.7%
1Y
28.2%
VICR
US$201.40
Vicor
7D
18.5%
1Y
218.0%
ARRY
US$7.58
Array Technologies
7D
-32.5%
1Y
43.6%
VRT
US$254.89
Vertiv Holdings Co
7D
4.6%
1Y
167.8%

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BE
US$155.67
Bloom Energy
7D
5.5%
1Y
548.1%
SHLS
US$5.93
Shoals Technologies Group
7D
-44.1%
1Y
95.7%
GEV
US$873.60
GE Vernova
7D
5.2%
1Y
160.6%

GE Vernova (GEV): Powering the Future: Electrons at Scale: The Grid’s New Sovereign

The narrative for GE Vernova in 2026 is centered on one word: Backlog. With a total backlog of $150 billion , the company has effectively "sold out" its capacity for years to come.
EMR
US$150.75
Emerson Electric
7D
1.4%
1Y
24.0%

EMR: Higher Long Term Margins And P/E Framework Will Support Upside

We are lifting our analyst price target framework for Emerson Electric to $204, with analysts pointing to updated assumptions for revenue growth, profit margins and future P/E as key supports for the higher fair value view. Analyst Commentary Recent Street research around Emerson Electric reflects an active debate, but with a clear cluster of higher price targets from bullish analysts who are leaning into a stronger long term earnings and cash generation profile for the company.
HUBB
US$511.63
Hubbell
7D
-2.9%
1Y
37.7%

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The analyst fair value estimate for Hubbell moves to $585 from $575, with analysts pointing to a higher assumed future P/E multiple and recent price target increases across the Street as key supports for the change. Analyst Commentary Bullish analysts have been lifting their price targets on Hubbell in recent months, and that cluster of positive revisions is a key factor behind the higher fair value estimate.
AME
US$239.22
AMETEK
7D
2.4%
1Y
26.4%

AME: AI Demand And Execution Versus Mixed P/E Expectations Will Guide Returns

Analysts have nudged their targets on AMETEK higher, with our updated fair value estimate edging up by about $0.29 to $248.29 as they factor in slightly lower assumed revenue growth, a modestly higher profit margin, a somewhat lower future P/E multiple, and a small reduction in the discount rate. Analyst Commentary Street research on AMETEK has been active recently, with several firms adjusting ratings and targets as they refresh models after recent quarters and outlook updates.
NXT
US$105.10
Nextpower
7D
-11.9%
1Y
138.8%
POWL
US$523.60
Powell Industries
7D
-4.2%
1Y
208.5%