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U.S. Electrical Industry Analysis

UpdatedJun 17, 2025
DataAggregated Company Financials
Companies128
  • 7D2.4%
  • 3M24.1%
  • 1Y27.2%
  • YTD9.5%

The Electrical industry is up 2.4% in the last week, with Eaton up 3.7%. In the last 12 months, the industry was up 27%. 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, 17 Jun 2025US$564.0bUS$153.4bUS$7.4b26.2x75.8x3.7x
Thu, 15 May 2025US$542.7bUS$153.1bUS$7.4b22x73.1x3.5x
Sat, 12 Apr 2025US$421.6bUS$151.6bUS$6.6b21.5x64.1x2.8x
Mon, 10 Mar 2025US$466.4bUS$151.6bUS$6.5b25x71.5x3.1x
Wed, 05 Feb 2025US$529.9bUS$151.7bUS$9.6b23.5x55.3x3.5x
Fri, 03 Jan 2025US$526.1bUS$151.1bUS$9.3b22.7x56.6x3.5x
Sun, 01 Dec 2024US$575.0bUS$151.1bUS$9.2b24.2x62.5x3.8x
Tue, 29 Oct 2024US$510.9bUS$152.2bUS$7.7b19.2x66.7x3.4x
Thu, 26 Sep 2024US$483.5bUS$151.2bUS$7.4b19.5x65.3x3.2x
Sat, 24 Aug 2024US$439.3bUS$151.3bUS$7.2b18.5x60.9x2.9x
Mon, 22 Jul 2024US$468.2bUS$157.0bUS$5.8b20.7x80.2x3x
Wed, 19 Jun 2024US$476.3bUS$159.6bUS$6.2b19.2x76.7x3x
Fri, 17 May 2024US$499.9bUS$160.8bUS$7.9b19.5x63.5x3.1x
Sun, 14 Apr 2024US$488.3bUS$159.1bUS$7.4b21.2x65.7x3.1x
Tue, 12 Mar 2024US$427.8bUS$126.0bUS$7.9b21.6x54.4x3.4x
Thu, 08 Feb 2024US$393.1bUS$129.2bUS$9.7b19.3x40.4x3x
Sat, 06 Jan 2024US$389.8bUS$139.3bUS$7.9b19.5x49.2x2.8x
Mon, 04 Dec 2023US$377.4bUS$139.3bUS$8.0b18.9x47.2x2.7x
Wed, 01 Nov 2023US$345.6bUS$145.1bUS$11.8b16.8x29.3x2.4x
Fri, 29 Sep 2023US$379.6bUS$144.2bUS$11.6b20.2x32.8x2.6x
Sun, 27 Aug 2023US$393.5bUS$144.2bUS$11.6b19.8x33.9x2.7x
Tue, 25 Jul 2023US$372.4bUS$131.0bUS$7.8b26.2x47.8x2.8x
Thu, 22 Jun 2023US$351.2bUS$131.1bUS$7.6b25.2x46.2x2.7x
Sat, 20 May 2023US$314.7bUS$130.9bUS$7.8b22.7x40.5x2.4x
Mon, 17 Apr 2023US$309.8bUS$128.2bUS$7.9b18.2x39.4x2.4x
Wed, 15 Mar 2023US$309.0bUS$116.9bUS$9.3b19.9x33.3x2.6x
Fri, 10 Feb 2023US$312.0bUS$113.5bUS$8.4b21x37x2.7x
Sun, 08 Jan 2023US$299.8bUS$113.8bUS$8.8b19.8x34.2x2.6x
Tue, 06 Dec 2022US$306.3bUS$113.5bUS$8.7b18.8x35.4x2.7x
Thu, 03 Nov 2022US$278.6bUS$110.6bUS$8.7b19.6x32.1x2.5x
Sat, 01 Oct 2022US$269.5bUS$108.0bUS$8.4b19.1x32x2.5x
Mon, 29 Aug 2022US$294.7bUS$106.1bUS$8.5b21.4x34.7x2.8x
Wed, 27 Jul 2022US$272.4bUS$105.2bUS$7.6b17.5x36.1x2.6x
Fri, 24 Jun 2022US$257.6bUS$104.8bUS$7.5b17.6x34.3x2.5x
Price to Earnings Ratio

34.3x


Total Market Cap: US$257.6bTotal Earnings: US$7.5bTotal Revenue: US$104.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 50x202320242025
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 75.8x which is higher than its 3-year average PE of 50.0x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.7x.
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 Market0.32%
Industrials-0.59%
Electrical2.39%
Heavy Electrical Equipment3.07%
Electrical Components2.14%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 13.0x.
    • Analysts are expecting annual earnings growth of 25.7%, 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 42.9x.
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
GEV GE VernovaUS$488.665.0%
+US$6.4b
172.1%PE68.9x
VRT Vertiv Holdings CoUS$116.617.5%
+US$3.1b
22.3%PE66.7x
ETN EatonUS$330.511.9%
+US$2.5b
0.9%PE32.8x
SMR NuScale PowerUS$39.2413.6%
+US$625.6m
311.3%PS106.7x
NVT nVent ElectricUS$69.832.8%
+US$307.9m
-12.4%PE47.4x
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Latest News

ETN

US$330.51

Eaton

7D

1.9%

1Y

0.9%

ROK

US$320.41

Rockwell Automation

7D

-1.5%

1Y

23.1%

PLUG

US$1.09

Plug Power

7D

-14.8%

1Y

-58.7%

VRT

US$116.61

Vertiv Holdings Co

7D

7.5%

1Y

22.3%

GNRC

US$124.01

Generac Holdings

7D

-5.2%

1Y

-10.7%

AME

US$175.55

AMETEK

7D

-2.4%

1Y

2.7%

NNE

US$33.49

NANO Nuclear Energy

7D

9.7%

1Y

188.7%

SMR

US$39.24

NuScale Power

7D

13.6%

1Y

311.3%

NVT

US$69.83

nVent Electric

7D

2.8%

1Y

-12.4%