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U.S. Electrical Industry Analysis

UpdatedDec 30, 2025
DataAggregated Company Financials
Companies133
  • 7D-0.5%
  • 3M1.2%
  • 1Y32.8%
  • YTD31.8%

The Electrical industry has been flat over the last week, but Bloom Energy has lost 4.2%. As for the the longer term, the industry is up 33% over the past 12 months. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Dec 2025US$698.4bUS$161.8bUS$7.4b30.1x94.1x4.3x
Thu, 27 Nov 2025US$673.0bUS$161.8bUS$7.4b30.8x91x4.2x
Sat, 25 Oct 2025US$709.6bUS$159.3bUS$8.1b30.7x87.2x4.5x
Mon, 22 Sep 2025US$688.0bUS$157.1bUS$7.3b29.9x93.8x4.4x
Wed, 20 Aug 2025US$655.2bUS$157.0bUS$7.4b31.1x88.5x4.2x
Fri, 18 Jul 2025US$633.5bUS$153.6bUS$7.4b28.5x85.4x4.1x
Sun, 15 Jun 2025US$563.9bUS$153.4bUS$7.4b25.5x75.8x3.7x
Tue, 13 May 2025US$501.7bUS$153.1bUS$7.5b23.6x67.3x3.3x
Thu, 10 Apr 2025US$396.0bUS$151.6bUS$6.6b22.7x60.1x2.6x
Sat, 08 Mar 2025US$460.3bUS$151.6bUS$6.5b25x70.5x3x
Mon, 03 Feb 2025US$544.8bUS$151.8bUS$9.6b24.2x56.7x3.6x
Wed, 01 Jan 2025US$528.9bUS$151.1bUS$9.3b22.9x57x3.5x
Fri, 29 Nov 2024US$572.6bUS$151.1bUS$9.2b24.3x62.3x3.8x
Sun, 27 Oct 2024US$510.9bUS$152.2bUS$7.7b18.7x66.7x3.4x
Tue, 24 Sep 2024US$479.3bUS$151.2bUS$7.4b19x64.8x3.2x
Thu, 22 Aug 2024US$436.9bUS$151.3bUS$7.2b18.6x60.5x2.9x
Sat, 20 Jul 2024US$469.1bUS$157.0bUS$5.8b20.7x80.3x3x
Mon, 17 Jun 2024US$474.1bUS$159.6bUS$6.2b19.4x76.3x3x
Wed, 15 May 2024US$485.4bUS$160.6bUS$7.7b20.4x63x3x
Fri, 12 Apr 2024US$486.4bUS$159.1bUS$7.4b21.6x65.4x3.1x
Sun, 10 Mar 2024US$432.1bUS$126.0bUS$7.9b21.5x55x3.4x
Tue, 06 Feb 2024US$393.2bUS$129.2bUS$9.8b19.1x39.9x3x
Thu, 04 Jan 2024US$391.5bUS$139.3bUS$7.9b19.7x49.4x2.8x
Sat, 02 Dec 2023US$368.8bUS$139.3bUS$8.0b18.9x46.2x2.6x
Mon, 30 Oct 2023US$339.1bUS$144.5bUS$11.5b16.4x29.5x2.3x
Wed, 27 Sep 2023US$374.3bUS$144.2bUS$11.6b19.9x32.3x2.6x
Fri, 25 Aug 2023US$388.2bUS$144.2bUS$11.6b19.7x33.4x2.7x
Sun, 23 Jul 2023US$371.6bUS$131.0bUS$7.8b25.9x47.7x2.8x
Tue, 20 Jun 2023US$349.5bUS$131.1bUS$7.6b24.5x46x2.7x
Thu, 18 May 2023US$320.6bUS$130.8bUS$7.7b22.1x41.4x2.5x
Sat, 15 Apr 2023US$309.9bUS$128.2bUS$7.9b18.2x39.4x2.4x
Mon, 13 Mar 2023US$306.2bUS$116.9bUS$9.3b20x33x2.6x
Wed, 08 Feb 2023US$317.3bUS$113.1bUS$8.9b21.4x35.5x2.8x
Fri, 06 Jan 2023US$291.1bUS$113.8bUS$8.8b19.2x33.2x2.6x
Price to Earnings Ratio

33.2x


Total Market Cap: US$291.1bTotal Earnings: US$8.8bTotal Revenue: US$113.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 60x20242025
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 94.1x which is higher than its 3-year average PE of 60.0x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 4.3x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have declined 5.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 12% 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, which has decreased profits.

Industry Trends

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

US Market-0.18%
Industrials-0.42%
Electrical-0.46%
Electrical Components-0.42%
Heavy Electrical Equipment-0.55%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 59.0x.
    • Analysts are expecting annual earnings growth of 39.0%, which is lower than the prior year's growth of 65.4% 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 50.2x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 39% over the next 5 years.
  • However this is lower than its past earnings growth rate of 65% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 17% 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
AME AMETEKUS$208.691.2%
+US$566.3m		15.5%PE32.7x
GEV GE VernovaUS$663.460.3%
+US$545.4m		101.7%PE105.6x
VICR VicorUS$112.002.8%
+US$135.5m		131.8%PE60.8x
NVT nVent ElectricUS$103.260.5%
+US$75.8m		51.0%PE56.3x
RUN SunrunUS$19.731.6%
+US$71.9m		113.3%PS2x

Latest News

GEV
US$663.46
GE Vernova
7D
0.3%
1Y
101.7%
ETN
US$321.45
Eaton
7D
-0.4%
1Y
-3.1%

ETN: Future Returns Will Be Driven By Data Center And Thermal Demand

Analysts have nudged their price target for Eaton modestly higher to about $432 per share from roughly $425, reflecting confidence in robust data center demand and anticipated synergies from the $9.5B Boyd Thermal acquisition, despite only a slight tweak to long term growth and margin assumptions. Analyst Commentary With the modestly higher price target, bullish analysts are emphasizing that Eaton's recent results and strategic moves justify a richer valuation multiple, particularly given the structural tailwinds in data center and thermal management demand.
ROK
US$396.48
Rockwell Automation
7D
-0.6%
1Y
38.7%

ROK: Expansion Plans And Cybersecurity Investments Will Shape Balanced Outlook Through 2026

Analysts have modestly raised their price target for Rockwell Automation to approximately 400 dollars from about 389 dollars, citing slightly lower discount rate assumptions, a marginally higher future price-to-earnings multiple, and largely unchanged expectations for long-term revenue growth and profit margins. What's in the News Announced a strategic collaboration with alfanar to create a dedicated manufacturing zone in Riyadh focused on assembling advanced automation panels for key Saudi infrastructure projects, initially targeting the Saudi Water Authority (Client Announcements) Unveiled plans for a new greenfield manufacturing campus in Southeastern Wisconsin, potentially its largest global site, as part of a broader 2 billion dollar investment in plants, digital infrastructure, and talent (Business Expansions) Launched the SecureOT solution suite to provide end to end industrial cybersecurity for aging and complex OT environments, including a dedicated OT Security Operations Center and alignment with global frameworks such as NIST CSF and IEC 62443 (Product Related Announcements) Issued fiscal 2026 guidance, projecting reported sales growth of 3% to 7% and diluted EPS between 10.40 and 11.40 dollars (Corporate Guidance New/Confirmed) Recorded a 224 million dollar goodwill and intangible asset impairment in the fourth quarter ended September 30, 2025 (Impairments/Write Offs) Valuation Changes Fair Value Estimate has risen slightly to about 400 dollars from roughly 389 dollars, reflecting modestly more constructive valuation assumptions.
ARRY
US$10.23
Array Technologies
7D
1.7%
1Y
66.1%

ARRY: Turnaround Momentum Will Support Margin Recovery Amid Policy Uncertainty

The analyst price target for Array Technologies has been raised modestly to approximately $11, with analysts citing improving profitability, a successful turnaround strategy, and stronger positioning in the U.S. market as key drivers of upside potential into 2026 and 2027. Analyst Commentary Recent Street research reflects a generally constructive stance on Array Technologies, with multiple firms lifting price targets in response to the company’s operational progress and improving industry positioning.
NNE
US$26.42
NANO Nuclear Energy
7D
-16.8%
1Y
6.1%
VRT
US$165.62
Vertiv Holdings Co
7D
-0.4%
1Y
45.8%

VRT: Expanded Partnerships And Dividend Increase Will Support Continued Upside Potential

Analysts have raised their price target on Vertiv Holdings Co. from 165.00 to 230.00 per share, citing expectations for stronger revenue growth, modestly higher profit margins, and a slightly lower future price to earnings multiple despite a higher assumed discount rate. What's in the News Vertiv raised full year 2025 earnings guidance, now targeting net sales of $10.16 billion to $10.24 billion and organic net sales growth of 26% to 28%, with expected GAAP diluted EPS of $3.41 (company guidance).
RUN
US$19.73
Sunrun
7D
1.6%
1Y
113.3%
VICR
US$112.00
Vicor
7D
2.8%
1Y
131.8%

Vicor Corporation's (NASDAQ:VICR) 32% Share Price Surge Not Quite Adding Up

Dec 23
Vicor Corporation's (NASDAQ:VICR) 32% Share Price Surge Not Quite Adding Up
SMR
US$14.48
NuScale Power
7D
-11.9%
1Y
-20.5%
NVT
US$103.26
nVent Electric
7D
0.5%
1Y
51.0%
AME
US$208.69
AMETEK
7D
1.2%
1Y
15.5%

AME: Organic Momentum And Tariff Management Will Shape Returns Ahead

Analysts have nudged their average price target on AMETEK modestly higher to approximately $220 per share, citing improving organic sales trends, a healthy order backdrop, and confidence that tariff-driven margin pressures in related industrial markets will prove manageable over the medium term. Analyst Commentary Recent Street research points to a constructive stance on AMETEK, with incremental price target hikes underscoring confidence in the company’s execution and medium term growth algorithm despite a more volatile macro and tariff backdrop.
EOSE
US$11.35
Eos Energy Enterprises
7D
-5.1%
1Y
133.5%
AYI
US$369.08
Acuity
7D
0.3%
1Y
25.5%

AYI: Margin Strength And Pricing Power Will Support Upside Despite Volume Headwinds

Analysts have raised their blended price target for Acuity to a range of approximately $360 to $425 per share, citing stronger than expected margin performance, improved pricing power, and conservative growth assumptions that could benefit from potential interest rate cuts. Analyst Commentary Recent Street research reflects a generally constructive tone on Acuity, with multiple firms lifting price targets to align with stronger execution and margin performance.
BE
US$88.41
Bloom Energy
7D
-4.2%
1Y
292.8%

BE: AI Data Center Partnership Will Drive Long-Term Upside Potential

Analysts have sharply raised their price target on Bloom Energy to approximately $157 per share from about $59, citing expectations for significantly faster revenue growth, improved profit margins, and a modestly lower future valuation multiple. Together, these factors support a substantially higher fair value estimate.
NXT
US$90.21
Nextpower
7D
-2.4%
1Y
144.0%

NXT: Raised 2026 Guidance And Expanded Manufacturing Footprint Will Drive Upside

Analysts have modestly raised their price target on Nextpower to approximately $102.54 from $101.42, citing slightly stronger expectations for revenue growth and valuation multiples that more than offset a minor compression in projected profit margins and a marginally higher discount rate. What's in the News Rebranded from Nextracker Inc.
BW
US$5.54
Babcock & Wilcox Enterprises
7D
12.4%
1Y
242.0%

Are Investors Undervaluing Babcock & Wilcox Enterprises, Inc. (NYSE:BW) By 23%?

Dec 12
Are Investors Undervaluing Babcock & Wilcox Enterprises, Inc. (NYSE:BW) By 23%?