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U.S. Electrical Industry Analysis

UpdatedJun 12, 2026
DataAggregated Company Financials
Companies134
  • 7D-6.5%
  • 3M17.4%
  • 1Y64.6%
  • YTD31.6%

Over the last 7 days, the Electrical industry has dropped 11%, driven by GE Vernova declining 9.6%. Meanwhile, Solidion Technology actually outperformed within the industry, gaining 447% in the last week. Over the past 12 months, the industry was up 59%. 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
Fri, 12 Jun 2026US$933.7bUS$171.8bUS$19.7b38.4x47.5x5.4x
Sun, 10 May 2026US$1.0tUS$172.0bUS$19.9b36.7x52x6x
Tue, 07 Apr 2026US$848.5bUS$167.6bUS$14.7b32.6x57.5x5.1x
Thu, 05 Mar 2026US$850.3bUS$167.2bUS$14.7b33.2x57.7x5.1x
Sat, 31 Jan 2026US$791.6bUS$162.6bUS$10.6b33.9x74.4x4.9x
Mon, 29 Dec 2025US$701.6bUS$161.8bUS$7.4b30.3x94.6x4.3x
Wed, 26 Nov 2025US$668.7bUS$161.9bUS$7.4b30.9x90.1x4.1x
Fri, 24 Oct 2025US$685.8bUS$159.2bUS$8.1b30.8x84.5x4.3x
Sun, 21 Sep 2025US$688.0bUS$157.1bUS$7.3b29.9x93.8x4.4x
Tue, 19 Aug 2025US$649.5bUS$157.0bUS$7.4b32.3x87.5x4.1x
Thu, 17 Jul 2025US$631.1bUS$153.6bUS$7.4b27.5x85.1x4.1x
Sat, 14 Jun 2025US$574.7bUS$153.4bUS$7.4b25.5x77.3x3.7x
Mon, 12 May 2025US$501.4bUS$153.1bUS$7.4b22.5x67.4x3.3x
Wed, 09 Apr 2025US$401.2bUS$151.6bUS$6.6b19.7x60.9x2.6x
Fri, 07 Mar 2025US$474.7bUS$151.6bUS$6.5b24x72.7x3.1x
Sun, 02 Feb 2025US$544.8bUS$151.8bUS$9.6b24.2x56.7x3.6x
Tue, 31 Dec 2024US$533.5bUS$151.1bUS$9.3b22.8x57.5x3.5x
Thu, 28 Nov 2024US$578.3bUS$151.1bUS$9.2b24.3x62.9x3.8x
Sat, 26 Oct 2024US$512.8bUS$152.2bUS$7.7b18.7x66.9x3.4x
Mon, 23 Sep 2024US$479.3bUS$151.2bUS$7.4b19x64.8x3.2x
Wed, 21 Aug 2024US$440.8bUS$151.3bUS$7.2b18.2x61x2.9x
Fri, 19 Jul 2024US$476.5bUS$157.0bUS$5.8b20.8x81.5x3x
Sun, 16 Jun 2024US$474.1bUS$159.6bUS$6.2b19.4x76.3x3x
Tue, 14 May 2024US$485.3bUS$160.6bUS$7.7b20.3x63x3x
Thu, 11 Apr 2024US$487.2bUS$159.1bUS$7.4b21.5x65.6x3.1x
Sat, 09 Mar 2024US$431.9bUS$126.0bUS$7.9b21.5x54.9x3.4x
Mon, 05 Feb 2024US$409.5bUS$140.2bUS$8.1b19x50.6x2.9x
Wed, 03 Jan 2024US$399.5bUS$139.3bUS$7.9b20.4x50.5x2.9x
Fri, 01 Dec 2023US$365.1bUS$139.3bUS$8.0b18.4x45.7x2.6x
Sun, 29 Oct 2023US$339.5bUS$144.5bUS$11.5b16.4x29.5x2.3x
Tue, 26 Sep 2023US$381.5bUS$144.2bUS$11.6b20.4x32.9x2.6x
Thu, 24 Aug 2023US$391.2bUS$144.2bUS$11.6b20.1x33.7x2.7x
Sat, 22 Jul 2023US$371.6bUS$131.0bUS$7.8b25.9x47.7x2.8x
Mon, 19 Jun 2023US$349.5bUS$131.1bUS$7.6b24.5x46x2.7x
Price to Earnings Ratio

46x


Total Market Cap: US$349.5bTotal Earnings: US$7.6bTotal Revenue: US$131.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 64.3x202420252026
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 50.1x which is lower than its 3-year average PE of 64.3x.
  • The 3-year average PS ratio of 3.6x is lower than the industry's current PS ratio of 5.7x.
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 9.4% 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-2.36%
Industrials-0.96%
Electrical-6.49%
Electrical Components-5.30%
Heavy Electrical Equipment-8.58%
Industry PE
  • Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 54.8x.
    • Analysts expect its future annual earnings growth (19.1%) 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 78.6x.
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 18% 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
LYTS LSI IndustriesUS$25.7811.4%
+US$94.0m		55.4%PE38.4x
INIO InnioUS$33.360.2%
+US$45.0m		n/aPE245.1x
ALNT AllientUS$91.231.6%
+US$24.3m		166.1%PE65.1x
STI Solidion TechnologyUS$25.8313.7%
+US$24.2m		657.5%PS2025.5x
PN Skycorp Solar GroupUS$4.3041.4%
+US$17.5m		-92.3%PS0.9x

Latest News

NXT
US$119.68
Nextpower
7D
-20.4%
1Y
101.4%
ETN
US$393.64
Eaton
7D
-6.0%
1Y
19.2%
Seeking Alpha • 14h

Eaton Powering Its Way Through The Data Center Revolution

Summary Eaton (ETN) stands out as an electrification powerhouse with a robust track record. Eaton is foundational to the industrial buildout supporting AI and data center development. Eaton has two other sectors, Aerospace and Global Electrification that are also doing well. ETN's future catalysts and reasonable valuation support a positive outlook for continued portfolio inclusion. Read the full article on Seeking Alpha
BE
US$248.88
Bloom Energy
7D
-14.6%
1Y
1,018.6%
Seeking Alpha • 15h

Bloom Energy: AI Euphoria Meets Reality, Downgrading To Hold

Summary A blockbuster Q1 2026 report and a $2.6B Nebius contract crowned Bloom Energy as the ultimate AI power play. Shares skyrocketed to $323, but is it a trap for late buyers? Beneath the hype, structural risks are quietly expanding. Why did Bloom accept a risky self-financing leasing model? Are shareholders ready for 20% equity dilution and extreme client concentration where just two customers control the entire backlog? I am shifting from blind optimism to cold realism, downgrading BE to "Hold." Where exactly is the safe entry point? Read the full article on Seeking Alpha
VRT
US$297.88
Vertiv Holdings Co
7D
-8.0%
1Y
160.2%
XE
US$18.73
X-Energy
7D
-20.8%
1Y
n/a
NVT
US$164.52
nVent Electric
7D
-5.4%
1Y
135.8%
PSIX
US$40.58
Power Solutions International
7D
1.0%
1Y
-21.2%
STI
US$25.83
Solidion Technology
7D
13.7%
1Y
657.5%
GEV
US$906.79
GE Vernova
7D
-5.9%
1Y
85.9%
EMR
US$142.09
Emerson Electric
7D
0.02%
1Y
12.1%
ESP
US$60.29
Espey Mfg. & Electronics
7D
8.3%
1Y
48.0%
INIO
US$33.36
Innio
7D
0.2%
1Y
n/a
ALNT
US$91.23
Allient
7D
1.6%
1Y
166.1%
Narrative Update • Jun 05

ALNT: Vertically Integrated Defense And Automation Exposure May Limit Future Return Potential

Allient's analyst price target has moved to $80 from $79, with analysts pointing to the company's shift toward a vertically integrated motion, controls, and power platform and its exposure to long-term themes in defense, automation, and humanoid applications as key factors in the updated view. Analyst Commentary Recent research highlights a clear shift in how bullish analysts view Allient, with the focus on its evolution into a vertically integrated platform that brings motion, controls, and power technologies under one roof.
LYTS
US$25.78
LSI Industries
7D
11.4%
1Y
55.4%
Narrative Update • Jun 05

LYTS: Refrigeration Partnership Will Support Forward P/E Re Rating Potential

Analysts have maintained their $30.50 price target for LSI Industries, citing updated assumptions that combine a higher discount rate with adjusted revenue growth, profit margin, and future P/E expectations. What's in the News LSI Industries announced a partnership with Carter Thermal Industries Group that makes LSI the exclusive partner in the United States and Canada for Carter Thermal's advanced refrigerated display and store solutions, effective May 28, 2026.
FPS
US$58.21
Forgent Power Solutions
7D
-9.9%
1Y
n/a
PN
US$4.30
Skycorp Solar Group
7D
41.4%
1Y
-92.3%