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

U.S. Electrical Industry Analysis

UpdatedJul 15, 2026
DataAggregated Company Financials
Companies137
  • 7D-0.6%
  • 3M5.6%
  • 1Y55.8%
  • YTD35.8%

Over the last 7 days, the Electrical industry has remained flat, although notably Eaton gained 5.0%. The past year has been better, since the industry has gained 56% in that time. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Jul 2026US$991.2bUS$171.8bUS$20.1b38.1x49.3x5.8x
Fri, 12 Jun 2026US$933.7bUS$171.8bUS$19.7b38.4x47.5x5.4x
Sun, 10 May 2026US$1.0tUS$172.0bUS$19.9b36.7x52x6x
Tue, 07 Apr 2026US$848.5bUS$167.6bUS$14.7b32.6x57.5x5.1x
Thu, 05 Mar 2026US$850.3bUS$167.2bUS$14.7b33.2x57.7x5.1x
Sat, 31 Jan 2026US$791.6bUS$162.6bUS$10.6b33.9x74.4x4.9x
Mon, 29 Dec 2025US$701.6bUS$161.8bUS$7.4b30.3x94.6x4.3x
Wed, 26 Nov 2025US$668.7bUS$161.9bUS$7.4b30.9x90.1x4.1x
Fri, 24 Oct 2025US$685.8bUS$159.2bUS$8.1b30.8x84.5x4.3x
Sun, 21 Sep 2025US$688.0bUS$157.1bUS$7.3b29.9x93.8x4.4x
Tue, 19 Aug 2025US$649.5bUS$157.0bUS$7.4b32.3x87.5x4.1x
Thu, 17 Jul 2025US$631.1bUS$153.6bUS$7.4b27.5x85.1x4.1x
Sat, 14 Jun 2025US$574.7bUS$153.4bUS$7.4b25.5x77.3x3.7x
Mon, 12 May 2025US$501.4bUS$153.1bUS$7.4b22.5x67.4x3.3x
Wed, 09 Apr 2025US$401.2bUS$151.6bUS$6.6b19.7x60.9x2.6x
Fri, 07 Mar 2025US$474.7bUS$151.6bUS$6.5b24x72.7x3.1x
Sun, 02 Feb 2025US$544.8bUS$151.8bUS$9.6b24.2x56.7x3.6x
Tue, 31 Dec 2024US$533.5bUS$151.1bUS$9.3b22.8x57.5x3.5x
Thu, 28 Nov 2024US$578.3bUS$151.1bUS$9.2b24.3x62.9x3.8x
Sat, 26 Oct 2024US$512.8bUS$152.2bUS$7.7b18.7x66.9x3.4x
Mon, 23 Sep 2024US$479.3bUS$151.2bUS$7.4b19x64.8x3.2x
Wed, 21 Aug 2024US$440.8bUS$151.3bUS$7.2b18.2x61x2.9x
Fri, 19 Jul 2024US$476.5bUS$157.0bUS$5.8b20.8x81.5x3x
Sun, 16 Jun 2024US$474.1bUS$159.6bUS$6.2b19.4x76.3x3x
Tue, 14 May 2024US$485.3bUS$160.6bUS$7.7b20.3x63x3x
Thu, 11 Apr 2024US$487.2bUS$159.1bUS$7.4b21.5x65.6x3.1x
Sat, 09 Mar 2024US$431.9bUS$126.0bUS$7.9b21.5x54.9x3.4x
Mon, 05 Feb 2024US$409.5bUS$140.2bUS$8.1b19x50.6x2.9x
Wed, 03 Jan 2024US$399.5bUS$139.3bUS$7.9b20.4x50.5x2.9x
Fri, 01 Dec 2023US$365.1bUS$139.3bUS$8.0b18.4x45.7x2.6x
Sun, 29 Oct 2023US$339.5bUS$144.5bUS$11.5b16.4x29.5x2.3x
Tue, 26 Sep 2023US$381.5bUS$144.2bUS$11.6b20.4x32.9x2.6x
Thu, 24 Aug 2023US$391.2bUS$144.2bUS$11.6b20.1x33.7x2.7x
Sat, 22 Jul 2023US$371.6bUS$131.0bUS$7.8b25.9x47.7x2.8x
Price to Earnings Ratio

47.7x


Total Market Cap: US$371.6bTotal Earnings: US$7.8bTotal Revenue: US$131.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 64.5x202420252026
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 49.3x which is lower than its 3-year average PE of 64.5x.
  • The 3-year average PS ratio of 3.7x 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 9.5% 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 Market0.22%
Industrials-0.87%
Electrical-0.58%
Electrical Components0.99%
Heavy Electrical Equipment-3.06%
Industry PE
  • Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 55.4x.
    • Analysts expect its future annual earnings growth (18.8%) 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 80.4x.
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 16% 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
ETN EatonUS$415.525.0%
+US$7.7b		14.7%PE40.4x
NVT nVent ElectricUS$161.785.6%
+US$1.4b		117.0%PE54.3x
AME AMETEKUS$233.961.0%
+US$518.0m		32.6%PE35.1x
VICR VicorUS$264.502.8%
+US$326.4m		466.5%PE88.2x
HUBB HubbellUS$483.891.0%
+US$264.2m		16.6%PE28.3x

Latest News

EMR
US$136.09
Emerson Electric
7D
-1.3%
1Y
-2.6%
HUBB
US$483.89
Hubbell
7D
1.0%
1Y
16.6%
GEV
US$1,066.01
GE Vernova
7D
-1.0%
1Y
90.5%
INIO
US$30.81
Innio
7D
-10.8%
1Y
n/a
ETN
US$415.52
Eaton
7D
5.0%
1Y
14.7%
GFUZ
US$13.76
General Fusion Group
7D
66.8%
1Y
n/a
VRT
US$303.58
Vertiv Holdings Co
7D
-0.7%
1Y
138.3%
NXT
US$104.66
Nextpower
7D
-3.8%
1Y
66.3%
BE
US$243.40
Bloom Energy
7D
-9.7%
1Y
861.7%
VICR
US$264.50
Vicor
7D
2.8%
1Y
466.5%
Narrative Update • Jul 09

VICR: AI Licensing Momentum And New Financial Model Will Drive Upside

Vicor's analyst price targets have shifted sharply higher, with one framework now pointing to $375. This is backed by analysts citing materially higher financial objectives, accelerating licensing activity, and better visibility into AI related growth drivers following the recent shareholder meeting.
ENS
US$201.23
EnerSys
7D
2.7%
1Y
133.7%
Narrative Update • Jul 08

ENS: Data Center Storage Shift Will Drive Future Upside Potential

Analysts have lifted their price target on EnerSys to $280 from $265, citing updated assumptions that reflect slightly higher projected revenue growth, a modestly higher profit margin outlook, a somewhat lower discount rate, and a marginally lower future P/E multiple. What’s in the News for EnerSys EnerSys launched the DataSafe Noir lithium energy storage system on June 9, 2026, aimed at data center power for high-density and AI-driven workloads, with source materials indicating more than twice the output power and over 1.7 times greater energy and capacity versus leading lithium systems (source: company news reports).
GNRC
US$225.12
Generac Holdings
7D
-4.5%
1Y
53.3%
Narrative Update • Jul 07

GNRC: Data Center Contract Optimism Will Likely Outpace Realized Earnings Execution

Generac Holdings' analyst price target framework shifts higher from $212 to about $223 per share, reflecting analysts' updated assumptions for stronger revenue growth, slightly higher profit margins, and support from recent price target increases related to data center contract potential and greater confidence in earnings visibility. Analyst Commentary Recent research on Generac Holdings highlights a mixed but generally constructive analyst backdrop, with higher price targets from several large firms and a focus on the company’s growing exposure to data center contracts and earnings visibility.
FPS
US$41.18
Forgent Power Solutions
7D
-7.8%
1Y
n/a
AME
US$233.96
AMETEK
7D
1.0%
1Y
32.6%
Seeking Alpha • Jul 01

Ametek: Continued Additions To Its M&A Track Record

Summary Ametek remains near all-time highs, driven by robust organic and inorganic growth, including a substantial $5B Indicor acquisition. The Indicor deal adds $1.1B in sales, superior EBITDA margins, and is accretive to cash earnings in year one, with $120M in expected synergies. Ametek's 2024 guidance was raised after strong Q1 results, but shares trade at a demanding 26–27x earnings, compressing only slightly from prior levels. While I applaud Ametek´s quality and execution, I await a more attractive entry point—around 20x earnings—given the current valuation premium. Read the full article on Seeking Alpha
NVT
US$161.78
nVent Electric
7D
5.6%
1Y
117.0%
Narrative Update • Jun 30

NVT: AI Data Center Hype And Rich P/E Will Pressure Returns

Analysts have raised their fair value estimate for nVent Electric from $116.20 to $145.21, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that support a higher price target range. What’s in the News for nVent Electric nVent Electric reports record sales, orders, and backlog tied to demand for AI data center infrastructure, particularly liquid cooling solutions, according to recent coverage.
ATKR
US$73.58
Atkore
7D
6.2%
1Y
1.1%
Narrative Update • Jun 24

ATKR: AI Infrastructure Demand And Legal Settlements Will Shape Balanced Return Potential

Analysts have nudged their price expectations for Atkore higher, with recent Street research highlighting new targets that are $11 and $12 above prior levels, supported by updated views on the company’s outlook and valuation assumptions. Analyst Commentary Recent research on Atkore points to a more constructive stance on the stock, with bullish analysts lifting their price targets and revisiting key assumptions around earnings power, capital allocation and how the market values the company.