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U.S. Electrical Industry Analysis

UpdatedApr 09, 2026
DataAggregated Company Financials
Companies130
  • 7D5.7%
  • 3M25.5%
  • 1Y101.1%
  • YTD23.5%

In the last week, the Electrical industry is up 5.7%, with GE Vernova up 4.6%. This means that the industry has gained 101% over the past year. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 Apr 2026US$857.6bUS$167.6bUS$14.7b34.8x58.2x5.1x
Sat, 07 Mar 2026US$838.0bUS$166.9bUS$15.0b31.3x55.9x5x
Mon, 02 Feb 2026US$780.0bUS$162.6bUS$10.6b33.9x73.3x4.8x
Wed, 31 Dec 2025US$696.7bUS$161.8bUS$7.4b29.9x93.8x4.3x
Fri, 28 Nov 2025US$684.1bUS$161.8bUS$7.4b30.8x92.5x4.2x
Sun, 26 Oct 2025US$714.2bUS$159.3bUS$8.1b30.7x87.8x4.5x
Tue, 23 Sep 2025US$694.4bUS$157.1bUS$7.3b30.3x94.6x4.4x
Thu, 21 Aug 2025US$643.2bUS$157.1bUS$7.4b30.2x87x4.1x
Sat, 19 Jul 2025US$651.4bUS$153.6bUS$7.4b28.1x87.8x4.2x
Mon, 16 Jun 2025US$563.9bUS$153.4bUS$7.4b25.5x75.8x3.7x
Wed, 14 May 2025US$527.0bUS$153.1bUS$7.4b24x70.8x3.4x
Fri, 11 Apr 2025US$442.6bUS$151.6bUS$6.6b21.2x67.3x2.9x
Sun, 09 Mar 2025US$466.4bUS$151.6bUS$6.5b25x71.5x3.1x
Tue, 04 Feb 2025US$544.8bUS$151.8bUS$9.6b23x56.7x3.6x
Thu, 02 Jan 2025US$526.1bUS$151.1bUS$9.3b22.9x56.7x3.5x
Sat, 30 Nov 2024US$574.7bUS$151.1bUS$9.2b24.2x62.5x3.8x
Mon, 28 Oct 2024US$510.9bUS$152.2bUS$7.7b18.7x66.7x3.4x
Wed, 25 Sep 2024US$481.5bUS$151.2bUS$7.4b20.1x65.1x3.2x
Fri, 23 Aug 2024US$441.4bUS$151.3bUS$7.2b18.3x61.1x2.9x
Sun, 21 Jul 2024US$469.0bUS$157.0bUS$5.8b20.7x80.2x3x
Tue, 18 Jun 2024US$474.1bUS$159.6bUS$6.2b19.9x76.3x3x
Thu, 16 May 2024US$491.2bUS$160.6bUS$7.7b20.7x63.8x3.1x
Sat, 13 Apr 2024US$488.3bUS$159.1bUS$7.4b21.2x65.7x3.1x
Mon, 11 Mar 2024US$432.1bUS$126.0bUS$7.9b21.5x55x3.4x
Wed, 07 Feb 2024US$392.9bUS$129.0bUS$9.9b19.3x39.7x3x
Fri, 05 Jan 2024US$389.0bUS$139.3bUS$7.9b19.7x49.1x2.8x
Sun, 03 Dec 2023US$377.4bUS$139.3bUS$8.0b18.9x47.2x2.7x
Tue, 31 Oct 2023US$341.2bUS$144.5bUS$11.5b16.7x29.7x2.4x
Thu, 28 Sep 2023US$376.8bUS$144.2bUS$11.6b20.3x32.5x2.6x
Sat, 26 Aug 2023US$393.5bUS$144.2bUS$11.6b19.8x33.9x2.7x
Mon, 24 Jul 2023US$371.6bUS$131.0bUS$7.8b25.9x47.7x2.8x
Wed, 21 Jun 2023US$350.0bUS$131.1bUS$7.6b24.8x46x2.7x
Fri, 19 May 2023US$316.2bUS$130.9bUS$7.8b22.6x40.7x2.4x
Sun, 16 Apr 2023US$309.9bUS$128.2bUS$7.9b18.2x39.4x2.4x
Price to Earnings Ratio

39.4x


Total Market Cap: US$309.9bTotal Earnings: US$7.9bTotal Revenue: US$128.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 63.5x202420252026
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 58.2x which is lower than its 3-year average PE of 63.5x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 5.1x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 9.4% 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 Market2.97%
Industrials3.75%
Electrical5.72%
Electrical Components5.93%
Heavy Electrical Equipment5.33%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry, which is trading close to its 3-year average PE ratio of 74.7x.
    • Analysts are expecting annual earnings growth of 24.7%, which is lower than the prior year's growth of 284.9% per year.
  • Investors are most pessimistic about the Electrical Components industry, which is trading close to its 3-year average of 53.4x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 25% over the next 5 years.
  • 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
GEV GE VernovaUS$936.074.6%
+US$11.1b		186.4%PE51.7x
VRT Vertiv Holdings CoUS$281.038.4%
+US$8.3b		285.9%PE80.7x
ETN EatonUS$385.585.5%
+US$7.8b		36.0%PE36.6x
EMR Emerson ElectricUS$142.667.8%
+US$5.8b		36.6%PE34.8x
BE Bloom EnergyUS$146.7810.8%
+US$4.0b		721.4%PS20.3x

Latest News

RUN
US$13.87
Sunrun
7D
-2.0%
1Y
115.7%
VRT
US$281.03
Vertiv Holdings Co
7D
8.4%
1Y
285.9%
ARRY
US$7.30
Array Technologies
7D
-3.3%
1Y
61.1%
GEV
US$936.07
GE Vernova
7D
4.6%
1Y
186.4%
ETN
US$385.58
Eaton
7D
5.5%
1Y
36.0%

ETN: AI Data Center Hopes Will Be Tested By Boyd Execution Risks

Analysts have trimmed the Eaton price target by about $6 to reflect a lower assumed future P/E multiple of roughly 26x, while also factoring in updated views on revenue growth, margins and recent research that highlights both upside potential from data center exposure and mixed sentiment around the stock. Analyst Commentary Recent research on Eaton shows a split view, with some firms lifting price targets or initiating coverage positively, while others are dialing back expectations and highlighting risks around execution, valuation and future growth assumptions.
NRGV
US$3.19
Energy Vault Holdings
7D
-6.2%
1Y
332.6%
AYI
US$282.31
Acuity
7D
-1.6%
1Y
14.8%
SMR
US$9.86
NuScale Power
7D
-3.9%
1Y
-38.6%

SMR: DOE Fuel Support And ENTRA1 Progress Will Drive Future Deployment

Narrative Update The analyst price target for NuScale Power has been reduced by several firms, generally into an $11.50 to $21 range, as analysts factor in a lower discount rate alongside ongoing commercialization progress and near term project and funding headwinds. Analyst Commentary Recent research shows a wide range of views on NuScale Power, with multiple firms trimming price targets while drawing different conclusions about how the company is executing on funding and commercialization.
EOSE
US$4.59
Eos Energy Enterprises
7D
-8.0%
1Y
18.9%

EOSE: 2026 Guidance And Manufacturing Progress Will Drive Future Repricing

Analysts have reduced their average price targets on Eos Energy Enterprises, bringing them into a roughly mid single digit to low teens dollar range, citing weaker post earnings trading, execution and forecasting challenges, and lingering valuation questions, even as management highlights operational progress and demand interest. Analyst Commentary Recent Street research on Eos Energy Enterprises reflects a mix of optimism about the company’s long term potential and concern about execution, forecasting, and how to justify current valuation after the latest earnings and guidance.
TE
US$4.17
T1 Energy
7D
-6.9%
1Y
253.4%
BE
US$146.78
Bloom Energy
7D
10.8%
1Y
721.4%
AME
US$230.49
AMETEK
7D
5.4%
1Y
43.2%

AME: AI Hardware Disruption Risk And Rising Cash Returns Will Shape Outcomes

Analysts have trimmed the AMETEK price target slightly to about $250, reflecting modest adjustments to growth, profitability and P/E assumptions following a mix of recent target cuts and raises across the Street. Analyst Commentary Recent research on AMETEK presents a mixed picture, with several price target increases and bullish initiations balanced by at least one downgrade and a fresh target cut.
HUBB
US$527.21
Hubbell
7D
5.4%
1Y
49.8%

HUBB: AI Demand And 2026 Guidance Will Drive Future Returns

Analysts have adjusted their price targets on Hubbell, with recent cuts such as a $20 reduction from one firm balanced by multiple upward revisions, including moves to $515 and $565. These changes reflect updated earnings estimates and a modestly lower implied future P/E of about 33.5x in the latest assumptions.
ROK
US$389.97
Rockwell Automation
7D
5.7%
1Y
60.9%

ROK: Elevated P/E And Buybacks Will Likely Continue To Limit Upside

Analysts have trimmed their price target for Rockwell Automation to $317 from $325, reflecting updated assumptions around a $317.29 fair value estimate, a 9.26% discount rate, 5.49% revenue growth, a 15.20% profit margin, and a future P/E of 30.06x. What's in the News Opened a Bologna Customer Experience Center to give machine builders and end users in Europe, the Middle East and Africa hands-on access to control, motion, AI, digital twins and mechatronics solutions.
NXT
US$116.41
Nextpower
7D
-3.3%
1Y
196.7%

NXT: Elevated P/E And Buybacks Will Continue To Outrun Fundamental Earnings Power

Analysts have raised their price target on Nextpower from $79.83 to $88.63, citing updated assumptions that include slightly adjusted discount rates, a change in revenue growth expectations to 7.55%, a profit margin assumption of 14.24%, and a forward P/E of about 28x. What's in the News Nextpower entered a multi year supply agreement with Jinko Solar (U.S.) Industries for more than 1 GW of U.S. manufactured steel module frames, scalable to up to 3 GW over three years.
EMR
US$142.66
Emerson Electric
7D
7.8%
1Y
36.6%

EMR: AI Automation Demand And High Margins Will Drive Future Upside

Emerson Electric's analyst price targets have generally moved higher, with several firms lifting their views by $4 to $30 to reflect updated expectations around AI driven demand and software exposure, while also flagging emerging competitive risks in high margin hardware and automation software. Analyst Commentary Bullish analysts are focusing on Emerson Electric's mix of high margin automation hardware and software, with several research notes pointing to AI related demand as an important theme in recent price target updates.