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U.S. Electrical Industry Analysis

UpdatedJul 22, 2025
DataAggregated Company Financials
Companies129
  • 7D1.9%
  • 3M48.7%
  • 1Y38.0%
  • YTD21.1%

Over the last 7 days, the Electrical industry has risen 1.9%, driven by gains from Eaton of 3.7%. In the last 12 months, the industry was up 38%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Jul 2025US$651.9bUS$153.6bUS$7.4b28.5x87.9x4.2x
Thu, 19 Jun 2025US$572.4bUS$153.4bUS$7.4b27.8x77x3.7x
Sat, 17 May 2025US$538.8bUS$153.3bUS$7.3b22.1x73.5x3.5x
Mon, 14 Apr 2025US$430.8bUS$151.6bUS$6.6b21.5x65.5x2.8x
Wed, 12 Mar 2025US$445.6bUS$151.6bUS$6.5b23.8x69x2.9x
Fri, 07 Feb 2025US$530.1bUS$151.2bUS$9.7b26.7x54.7x3.5x
Sun, 05 Jan 2025US$547.0bUS$151.1bUS$9.2b23.3x59.4x3.6x
Tue, 03 Dec 2024US$575.0bUS$151.1bUS$9.2b24.7x62.5x3.8x
Thu, 31 Oct 2024US$515.4bUS$152.2bUS$7.7b19x67.1x3.4x
Sat, 28 Sep 2024US$489.2bUS$151.2bUS$7.4b20.2x66.1x3.2x
Mon, 26 Aug 2024US$443.8bUS$151.3bUS$7.2b18.5x61.5x2.9x
Wed, 24 Jul 2024US$479.2bUS$157.0bUS$5.8b21.1x82.1x3.1x
Fri, 21 Jun 2024US$484.6bUS$159.6bUS$6.2b19.1x78x3x
Sun, 19 May 2024US$485.8bUS$160.8bUS$7.8b19.6x62.3x3x
Tue, 16 Apr 2024US$470.3bUS$159.1bUS$7.5b20.8x63.1x3x
Thu, 14 Mar 2024US$433.5bUS$126.0bUS$7.9b21.1x54.9x3.4x
Sat, 10 Feb 2024US$415.9bUS$130.3bUS$9.6b19.8x43.5x3.2x
Mon, 08 Jan 2024US$389.9bUS$139.3bUS$7.9b19.5x49.2x2.8x
Wed, 06 Dec 2023US$375.6bUS$139.3bUS$8.0b19.3x47x2.7x
Fri, 03 Nov 2023US$350.8bUS$145.8bUS$10.1b17x34.9x2.4x
Sun, 01 Oct 2023US$378.0bUS$144.2bUS$11.5b19.7x32.8x2.6x
Tue, 29 Aug 2023US$393.8bUS$144.2bUS$11.6b19.8x33.9x2.7x
Thu, 27 Jul 2023US$367.1bUS$131.0bUS$7.8b25.2x47.2x2.8x
Sat, 24 Jun 2023US$346.0bUS$131.1bUS$7.6b25.5x45.5x2.6x
Mon, 22 May 2023US$314.6bUS$130.9bUS$7.8b22.7x40.5x2.4x
Wed, 19 Apr 2023US$311.6bUS$128.2bUS$7.8b19.3x39.7x2.4x
Fri, 17 Mar 2023US$310.9bUS$127.5bUS$7.8b19.2x40x2.4x
Sun, 12 Feb 2023US$312.3bUS$114.1bUS$8.6b21x36.5x2.7x
Tue, 10 Jan 2023US$302.0bUS$113.9bUS$8.8b20x34.5x2.7x
Thu, 08 Dec 2022US$299.2bUS$113.5bUS$8.7b18.4x34.5x2.6x
Sat, 05 Nov 2022US$291.6bUS$112.4bUS$8.6b20.1x33.8x2.6x
Mon, 03 Oct 2022US$269.4bUS$108.0bUS$8.4b19.1x31.9x2.5x
Wed, 31 Aug 2022US$289.6bUS$106.1bUS$8.5b21x34x2.7x
Fri, 29 Jul 2022US$274.3bUS$105.4bUS$7.5b17.9x36.5x2.6x
Price to Earnings Ratio

36.5x


Total Market Cap: US$274.3bTotal Earnings: US$7.5bTotal Revenue: US$105.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 51.5x202320242025
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 87.9x which is higher than its 3-year average PE of 51.5x.
  • 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 remained mostly flat 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 and as a result, profits have held steady.

Industry Trends

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

US Market0.78%
Industrials-0.27%
Electrical1.88%
Heavy Electrical Equipment2.38%
Electrical Components1.68%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 17.1x.
    • Analysts are expecting annual earnings growth of 25.8%, which is lower than the prior year's growth of 56.4% 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 44.3x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 26% over the next 5 years.
  • However this is lower than its past earnings growth rate of 56% 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
ETN EatonUS$373.663.7%
+US$5.2b
16.7%PE37.1x
GEV GE VernovaUS$565.912.0%
+US$3.0b
239.4%PE79.8x
EMR Emerson ElectricUS$142.912.2%
+US$1.7b
21.3%PE40.8x
ROK Rockwell AutomationUS$350.712.2%
+US$849.9m
27.2%PE43.8x
VRT Vertiv Holdings CoUS$126.211.2%
+US$567.8m
43.7%PE72.2x

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