Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Electrical Industry Analysis

UpdatedJun 07, 2026
DataAggregated Company Financials
Companies132
  • 7D-3.8%
  • 3M16.4%
  • 1Y69.1%
  • YTD33.8%

Over the last 7 days, the Electrical industry has dropped 3.8%, driven by GE Vernova declining 3.6%. Meanwhile, Forgent Power Solutions actually outperformed within the industry, gaining 8.2% in the last week. Over the past 12 months, the industry was up 69%. 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
Mon, 08 Jun 2026US$989.9bUS$171.8bUS$19.9b36.3x49.8x5.8x
Wed, 06 May 2026US$1.0tUS$170.8bUS$19.8b37.2x52.7x6.1x
Fri, 03 Apr 2026US$853.9bUS$167.6bUS$14.8b32.9x57.9x5.1x
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
Price to Earnings Ratio

45.6x


Total Market Cap: US$349.5bTotal Earnings: US$7.7bTotal 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 49.8x 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 5.8x.
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-2.79%
Industrials-0.76%
Electrical-3.83%
Electrical Components-3.36%
Heavy Electrical Equipment-4.64%
Industry PE
  • Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 54.7x.
    • Analysts expect its future annual earnings growth (18.7%) 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 78.4x.
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 19% 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
FPS Forgent Power SolutionsUS$59.138.2%
+US$1.1b		n/aPE845.8x
FLNC Fluence EnergyUS$22.9121.3%
+US$535.2m		385.4%PS1.2x
STI Solidion TechnologyUS$35.72668.2%
+US$240.7m		830.2%PS2801x
RRX Regal RexnordUS$204.401.3%
+US$175.7m		46.2%PE47.5x
HUBB HubbellUS$476.820.7%
+US$169.6m		20.6%PE27.9x

Latest News

XE
US$21.42
X-Energy
7D
-20.4%
1Y
n/a
STI
US$35.72
Solidion Technology
7D
668.2%
1Y
830.2%
NXT
US$131.57
Nextpower
7D
-15.9%
1Y
123.3%
AME
US$226.55
AMETEK
7D
0.3%
1Y
27.0%
Narrative Update • Jun 06

AME: Defense Orders And First Aviation Deal Will Shape Future Upside

Analysts have increased their price targets on AMETEK by about $9 to $10 per share, citing updated models after recent results and new coverage that reflects their current views on the company’s earnings profile and valuation multiples. Analyst Commentary Bullish and cautious voices are both active around AMETEK right now, with several recent research updates reshaping how some analysts think about the valuation, earnings path, and near term trading setup.
GEV
US$933.61
GE Vernova
7D
-3.6%
1Y
92.5%
Narrative Update • Jun 06

GEV: Record Backlog And AI Data Center Demand Will Drive Stronger Future Returns

Narrative Update on GE Vernova The analyst price target for GE Vernova has been revised from $1,100.00 to $1,424.00. Analysts cited updated assumptions around discount rates, revenue growth, profit margins, and a higher future P/E multiple as key drivers of the change.
VICR
US$271.04
Vicor
7D
-19.1%
1Y
498.9%
VRT
US$300.51
Vertiv Holdings Co
7D
-4.8%
1Y
160.5%
ALNT
US$84.86
Allient
7D
7.2%
1Y
166.0%
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.
BE
US$263.61
Bloom Energy
7D
-7.5%
1Y
1,110.3%
Narrative Update • Jun 04

BE: Oracle AI Data Center Deals Will Support Long Term Earnings Confidence

Analysts kept their average price target for Bloom Energy steady at $335.00. They cited updated assumptions for discount rate, revenue growth, profit margin, and future P/E that largely offset one another and supported no change in their overall valuation view.
RRX
US$204.40
Regal Rexnord
7D
1.3%
1Y
46.2%
Seeking Alpha • Jun 04

Regal Rexnord: A Smaller AI Derivative Coming To Life

Summary Regal Rexnord has rallied on a lower valuation, reduced leverage, and strong datacenter-driven order growth. Regal Rexnord´s Q1 sales rose 4% to $1.48B, with organic growth at 2% and notable strength in automation and motion control. Datacenter order intake is a significant new growth engine, but core business growth outside datacenters remains sluggish. Shares have re-rated to 19–20x earnings, reflecting optimism on datacenter momentum, yet I remain cautious given mediocre core performance. Read the full article on Seeking Alpha
ETN
US$395.94
Eaton
7D
-1.2%
1Y
19.5%
FLNC
US$22.91
Fluence Energy
7D
21.3%
1Y
385.4%
Narrative Update • Jun 04

FLNC: AI Data Center Hype Will Outrun Near Term Earnings Delivery

Analysts have lifted the fair value estimate for Fluence Energy from $15.24 to $18.59 as they factor in higher assumed revenue growth, improved profit margins, and the potential impact of new AI data center opportunities highlighted in recent research, including the Nvidia and Siemens partnership. Analyst Commentary Recent Street research on Fluence Energy reflects a mix of optimism around new growth avenues, especially tied to AI data centers, and caution related to execution risks and prior target cuts.
NRGV
US$5.47
Energy Vault Holdings
7D
8.3%
1Y
475.8%
EMR
US$138.12
Emerson Electric
7D
-4.0%
1Y
11.8%
HUBB
US$476.82
Hubbell
7D
0.7%
1Y
20.6%
Narrative Update • Jun 03

HUBB: NSI Acquisition Financing And 2026 Guidance Will Shape Upside Potential

Narrative Update on Hubbell The analyst price target for Hubbell has been revised modestly higher, with a change of about $4, as analysts factor in updated earnings estimates, a slightly lower discount rate, a small uptick in projected profit margins, and a marginally different forward P/E assumption following recent mixed price target moves across the Street. Analyst Commentary Recent research on Hubbell reflects a mix of optimism and caution, with several firms revisiting their targets and frameworks after earnings and through updated valuation work.
FPS
US$59.13
Forgent Power Solutions
7D
8.2%
1Y
n/a