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U.S. Electrical Industry Analysis
UpdatedMay 17, 2025
DataAggregated Company Financials
Companies130
- 7D8.0%
- 3M3.4%
- 1Y17.2%
- YTD2.4%
Over the last 7 days, the Electrical industry has risen 8.2%, driven by gains in GE Vernova and Eaton of 8.4% and 6.4%, respectively. During this same period, the ADS-TEC Energy underperformed, falling 9.4%. In the last 12 months, the industry was up 16%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 17 May 2025 | US$538.8b | US$153.3b | US$7.3b | 22.1x | 73.5x | 3.5x |
| Mon, 14 Apr 2025 | US$430.8b | US$151.6b | US$6.6b | 21.5x | 65.5x | 2.8x |
| Wed, 12 Mar 2025 | US$445.6b | US$151.6b | US$6.5b | 23.8x | 69x | 2.9x |
| Fri, 07 Feb 2025 | US$530.1b | US$151.2b | US$9.7b | 26.7x | 54.7x | 3.5x |
| Sun, 05 Jan 2025 | US$547.0b | US$151.1b | US$9.2b | 23.3x | 59.4x | 3.6x |
| Tue, 03 Dec 2024 | US$575.0b | US$151.1b | US$9.2b | 24.7x | 62.5x | 3.8x |
| Thu, 31 Oct 2024 | US$515.4b | US$152.2b | US$7.7b | 19x | 67.1x | 3.4x |
| Sat, 28 Sep 2024 | US$489.2b | US$151.2b | US$7.4b | 20.2x | 66.1x | 3.2x |
| Mon, 26 Aug 2024 | US$443.8b | US$151.3b | US$7.2b | 18.5x | 61.5x | 2.9x |
| Wed, 24 Jul 2024 | US$479.2b | US$157.0b | US$5.8b | 21.1x | 82.1x | 3.1x |
| Fri, 21 Jun 2024 | US$484.6b | US$159.6b | US$6.2b | 19.1x | 78x | 3x |
| Sun, 19 May 2024 | US$485.8b | US$160.8b | US$7.8b | 19.6x | 62.3x | 3x |
| Tue, 16 Apr 2024 | US$470.3b | US$159.1b | US$7.5b | 20.8x | 63.1x | 3x |
| Thu, 14 Mar 2024 | US$433.5b | US$126.0b | US$7.9b | 21.1x | 54.9x | 3.4x |
| Sat, 10 Feb 2024 | US$415.9b | US$130.3b | US$9.6b | 19.8x | 43.5x | 3.2x |
| Mon, 08 Jan 2024 | US$389.9b | US$139.3b | US$7.9b | 19.5x | 49.2x | 2.8x |
| Wed, 06 Dec 2023 | US$375.6b | US$139.3b | US$8.0b | 19.3x | 47x | 2.7x |
| Fri, 03 Nov 2023 | US$350.8b | US$145.8b | US$10.1b | 17x | 34.9x | 2.4x |
| Sun, 01 Oct 2023 | US$378.0b | US$144.2b | US$11.5b | 19.7x | 32.8x | 2.6x |
| Tue, 29 Aug 2023 | US$393.8b | US$144.2b | US$11.6b | 19.8x | 33.9x | 2.7x |
| Thu, 27 Jul 2023 | US$367.1b | US$131.0b | US$7.8b | 25.2x | 47.2x | 2.8x |
| Sat, 24 Jun 2023 | US$346.0b | US$131.1b | US$7.6b | 25.5x | 45.5x | 2.6x |
| Mon, 22 May 2023 | US$314.6b | US$130.9b | US$7.8b | 22.7x | 40.5x | 2.4x |
| Wed, 19 Apr 2023 | US$311.6b | US$128.2b | US$7.8b | 19.3x | 39.7x | 2.4x |
| Fri, 17 Mar 2023 | US$310.9b | US$127.5b | US$7.8b | 19.2x | 40x | 2.4x |
| Sun, 12 Feb 2023 | US$312.3b | US$114.1b | US$8.6b | 21x | 36.5x | 2.7x |
| Tue, 10 Jan 2023 | US$302.0b | US$113.9b | US$8.8b | 20x | 34.5x | 2.7x |
| Thu, 08 Dec 2022 | US$299.2b | US$113.5b | US$8.7b | 18.4x | 34.5x | 2.6x |
| Sat, 05 Nov 2022 | US$291.6b | US$112.4b | US$8.6b | 20.1x | 33.8x | 2.6x |
| Mon, 03 Oct 2022 | US$269.4b | US$108.0b | US$8.4b | 19.1x | 31.9x | 2.5x |
| Wed, 31 Aug 2022 | US$289.6b | US$106.1b | US$8.5b | 21x | 34x | 2.7x |
| Fri, 29 Jul 2022 | US$274.3b | US$105.4b | US$7.5b | 17.9x | 36.5x | 2.6x |
| Sun, 26 Jun 2022 | US$265.5b | US$104.8b | US$7.5b | 18.2x | 35.3x | 2.5x |
| Tue, 24 May 2022 | US$271.9b | US$104.6b | US$7.6b | 19x | 35.6x | 2.6x |
Price to Earnings Ratio
35.6x
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 74.0x which is higher than its 3-year average PE of 48.9x.
- The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.6x.
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 14% 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 Market | 5.34% | |
| Industrials | 5.57% | |
| Electrical | 7.98% | |
| Heavy Electrical Equipment | 8.82% | |
| Electrical Components | 7.71% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 9.7x.
- Analysts are expecting annual earnings growth of 26.2%, 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 41.8x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GEV GE Vernova | US$428.06 | 7.2% +US$7.9b | 163.2% | PE60.3x | |
| ETN Eaton | US$329.07 | 6.2% +US$7.5b | -0.4% | PE32.7x | |
| VRT Vertiv Holdings Co | US$106.04 | 12.7% +US$4.6b | 9.5% | PE60.7x | |
| EMR Emerson Electric | US$120.61 | 7.2% +US$4.5b | 6.8% | PE34.4x | |
| AME AMETEK | US$182.75 | 6.4% +US$2.5b | 9.6% | PE29.8x |