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U.S. Electrical Industry Analysis

UpdatedSep 04, 2025
DataAggregated Company Financials
Companies128
  • 7D-3.6%
  • 3M13.4%
  • 1Y48.0%
  • YTD19.6%

Over the last 7 days, the Electrical industry has dropped 3.6%, driven by GE Vernova declining 7.3%. Meanwhile, NuScale Power actually outperformed within the industry, gaining 15% in the last week. Over the past 12 months, the industry was up 48%. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 04 Sep 2025US$635.1bUS$157.1bUS$7.4b29.6x85.9x4x
Sat, 02 Aug 2025US$690.0bUS$155.5bUS$7.0b28.3x98x4.4x
Mon, 30 Jun 2025US$597.3bUS$153.6bUS$7.4b27.2x80.6x3.9x
Wed, 28 May 2025US$543.1bUS$153.4bUS$7.4b26.7x73.8x3.5x
Fri, 25 Apr 2025US$440.1bUS$152.8bUS$7.1b22.2x61.7x2.9x
Sun, 23 Mar 2025US$475.2bUS$151.5bUS$6.4b23.4x74.2x3.1x
Tue, 18 Feb 2025US$525.5bUS$151.4bUS$9.8b26.3x53.5x3.5x
Thu, 16 Jan 2025US$548.8bUS$151.1bUS$9.2b23.2x59.5x3.6x
Sat, 14 Dec 2024US$557.9bUS$151.1bUS$9.3b23.8x60.2x3.7x
Mon, 11 Nov 2024US$562.6bUS$152.0bUS$8.9b24.3x63x3.7x
Wed, 09 Oct 2024US$499.3bUS$151.2bUS$7.4b19.5x67.1x3.3x
Fri, 06 Sep 2024US$431.4bUS$151.3bUS$7.3b18x58.8x2.9x
Sun, 04 Aug 2024US$421.8bUS$151.7bUS$7.4b17.9x57.4x2.8x
Tue, 02 Jul 2024US$469.2bUS$159.5bUS$6.2b19x75.4x2.9x
Thu, 30 May 2024US$501.6bUS$159.6bUS$6.2b23.1x81.1x3.1x
Sat, 27 Apr 2024US$474.0bUS$159.6bUS$7.6b21.3x62.7x3x
Mon, 25 Mar 2024US$450.6bUS$126.0bUS$8.0b22x56.6x3.6x
Wed, 21 Feb 2024US$411.5bUS$129.3bUS$9.4b19.8x43.7x3.2x
Fri, 19 Jan 2024US$389.1bUS$139.2bUS$7.9b19.2x49x2.8x
Sun, 17 Dec 2023US$400.4bUS$139.3bUS$7.9b20.3x50.5x2.9x
Tue, 14 Nov 2023US$354.2bUS$140.3bUS$8.6b17.4x41x2.5x
Thu, 12 Oct 2023US$381.7bUS$144.1bUS$11.5b19.3x33.2x2.6x
Sat, 09 Sep 2023US$402.6bUS$144.2bUS$11.6b20.8x34.8x2.8x
Mon, 07 Aug 2023US$393.6bUS$144.2bUS$12.2b22x32.3x2.7x
Wed, 05 Jul 2023US$362.9bUS$130.9bUS$7.8b26.3x46.5x2.8x
Fri, 02 Jun 2023US$320.8bUS$131.0bUS$7.8b22.6x41.2x2.4x
Sun, 30 Apr 2023US$309.1bUS$129.0bUS$7.9b17.9x39.1x2.4x
Tue, 28 Mar 2023US$307.6bUS$127.9bUS$7.8b18.5x39.6x2.4x
Thu, 23 Feb 2023US$312.2bUS$116.1bUS$8.8b19.7x35.6x2.7x
Sat, 21 Jan 2023US$301.1bUS$114.1bUS$8.8b20.1x34.4x2.6x
Mon, 19 Dec 2022US$296.3bUS$113.8bUS$8.8b18.2x33.7x2.6x
Wed, 16 Nov 2022US$313.8bUS$113.1bUS$8.7b18.3x36.1x2.8x
Fri, 14 Oct 2022US$274.6bUS$108.4bUS$8.5b19x32.4x2.5x
Sun, 11 Sep 2022US$308.2bUS$107.9bUS$8.4b20.3x36.6x2.9x
Price to Earnings Ratio

36.6x


Total Market Cap: US$308.2bTotal Earnings: US$8.4bTotal Revenue: US$107.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 53.7x202320242025
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 85.9x which is higher than its 3-year average PE of 53.7x.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have declined 4.3% per year 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, which has decreased profits.

Industry Trends

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

US Market-0.60%
Industrials-2.20%
Electrical-3.56%
Electrical Components-2.77%
Heavy Electrical Equipment-5.45%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 28.1x.
    • Analysts are expecting annual earnings growth of 35.3%, which is lower than the prior year's growth of 72.3% 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 45.8x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 35% over the next 5 years.
  • However this is lower than its past earnings growth rate of 72% 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
AYI AcuityUS$339.403.0%
+US$302.5m		41.0%PE25.7x
AME AMETEKUS$187.870.6%
+US$263.3m		13.8%PE30.2x
NXT NextrackerUS$68.851.1%
+US$109.5m		91.0%PE18.7x
SHLS Shoals Technologies GroupUS$7.158.5%
+US$93.9m		30.5%PE56.7x
EOSE Eos Energy EnterprisesUS$7.342.9%
+US$58.7m		215.0%PS60.6x

Latest News

GNRC
US$178.18
Generac Holdings
7D
-4.7%
1Y
22.7%
EOSE
US$7.34
Eos Energy Enterprises
7D
2.9%
1Y
215.0%
VRT
US$125.70
Vertiv Holdings Co
7D
-6.4%
1Y
67.3%
AYI
US$339.40
Acuity
7D
3.0%
1Y
41.0%

Electronics Investments And QSC Acquisition Will Expand Global Reach

Analysts have raised Acuity’s price target to $340.88, citing notably strong Q4 gross margin performance and improving Q3 lighting sales, though continued macroeconomic uncertainty keeps some ratings cautious. Analyst Commentary Q4 gross margin performance has been notably strong, though analysts note Q3 set a high comparative benchmark.
HUBB
US$437.16
Hubbell
7D
-1.9%
1Y
18.0%
ETN
US$348.22
Eaton
7D
-2.0%
1Y
21.9%
GEV
US$598.81
GE Vernova
7D
-5.5%
1Y
201.8%
TE
US$1.85
T1 Energy
7D
12.8%
1Y
68.2%
NXT
US$68.85
Nextracker
7D
1.1%
1Y
91.0%

Global R&D Expansion And Strong Solar Demand Will Strengthen Position, But Profit Margins May Decline

Nextracker’s fair value assessment was essentially maintained, as both the future P/E and discount rate saw only marginal changes, resulting in the consensus analyst price target inching up slightly from $70.21 to $70.68. What's in the News Nextracker secured a contract to supply 1.5 GW of solar trackers and technology to Casa dos Ventos for four new utility-scale solar projects in Brazil, supporting hybrid wind-solar plant development and furthering its strong presence in Latin America.
EMR
US$133.10
Emerson Electric
7D
-1.1%
1Y
33.1%

Emerson Electric (NYSE:EMR) Has Affirmed Its Dividend Of $0.5275

Aug 11
Emerson Electric (NYSE:EMR) Has Affirmed Its Dividend Of $0.5275
ROK
US$341.86
Rockwell Automation
7D
-2.1%
1Y
33.1%
AME
US$187.87
AMETEK
7D
0.6%
1Y
13.8%
SHLS
US$7.15
Shoals Technologies Group
7D
8.5%
1Y
30.5%

Utility-Scale Solar And AI Demand Will Drive Future Change

Upward revisions in consensus revenue growth forecasts and a modest increase in expected future P/E have driven the analyst price target for Shoals Technologies Group higher, now at $7.09. What's in the News Shoals Technologies provided Q3 2025 revenue guidance of $125–$135 million and full-year 2025 guidance of $450–$470 million.
RRX
US$147.29
Regal Rexnord
7D
-3.7%
1Y
-3.1%

Getting In Cheap On Regal Rexnord Corporation (NYSE:RRX) Is Unlikely

Aug 09
Getting In Cheap On Regal Rexnord Corporation (NYSE:RRX) Is Unlikely
ENS
US$103.06
EnerSys
7D
0.8%
1Y
4.9%

US Communications And Data Centers Will Fuel Storage Demand

Despite declines in both revenue growth and net profit margin forecasts, the consensus analyst price target for EnerSys has increased to $111.69, suggesting expectations for improved valuation drivers beyond these top-line and bottom-line metrics. What's in the News EnerSys increased its quarterly cash dividend by 9% to $0.2625 per share, marking the third consecutive annual raise.
PSIX
US$86.92
Power Solutions International
7D
2.4%
1Y
349.0%