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U.S. Electrical Industry Analysis

UpdatedJul 01, 2024
DataAggregated Company Financials
Companies127
  • 7D-1.8%
  • 3M-0.8%
  • 1Y12.4%
  • YTD13.0%

Over the last 7 days, the Electrical industry has dropped 1.8%, driven by Eaton declining 2.6%. Over the past 12 months, the industry was up 12%. Looking forward, 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
Mon, 01 Jul 2024US$469.2bUS$159.5bUS$6.2b19x75.4x2.9x
Wed, 29 May 2024US$507.1bUS$159.6bUS$6.2b23.3x82.1x3.2x
Fri, 26 Apr 2024US$465.7bUS$159.2bUS$7.4b20.8x63.2x2.9x
Sun, 24 Mar 2024US$450.6bUS$126.0bUS$8.0b22x56.7x3.6x
Tue, 20 Feb 2024US$416.4bUS$129.3bUS$9.4b19.7x44.2x3.2x
Thu, 18 Jan 2024US$385.1bUS$139.2bUS$7.9b18.4x48.5x2.8x
Sat, 16 Dec 2023US$400.4bUS$139.3bUS$7.9b20.3x50.5x2.9x
Mon, 13 Nov 2023US$352.8bUS$140.3bUS$8.6b17.3x40.9x2.5x
Wed, 11 Oct 2023US$377.3bUS$144.1bUS$11.5b18.8x32.9x2.6x
Fri, 08 Sep 2023US$402.6bUS$144.2bUS$11.6b20.7x34.8x2.8x
Sun, 06 Aug 2023US$393.6bUS$144.1bUS$12.2b22x32.4x2.7x
Tue, 04 Jul 2023US$362.8bUS$130.9bUS$7.8b26.3x46.5x2.8x
Thu, 01 Jun 2023US$316.7bUS$131.0bUS$7.8b22.6x40.7x2.4x
Sat, 29 Apr 2023US$309.1bUS$129.0bUS$7.9b17.9x39.1x2.4x
Mon, 27 Mar 2023US$307.4bUS$127.8bUS$7.8b18x39.5x2.4x
Wed, 22 Feb 2023US$311.9bUS$115.8bUS$8.8b19.7x35.6x2.7x
Fri, 20 Jan 2023US$295.4bUS$114.1bUS$8.8b20.1x33.7x2.6x
Sun, 18 Dec 2022US$296.4bUS$113.8bUS$8.8b18.2x33.7x2.6x
Tue, 15 Nov 2022US$310.0bUS$113.0bUS$8.7b18.6x35.5x2.7x
Thu, 13 Oct 2022US$269.0bUS$108.4bUS$8.5b19.1x31.8x2.5x
Sat, 10 Sep 2022US$308.3bUS$107.9bUS$8.4b20.3x36.7x2.9x
Mon, 08 Aug 2022US$306.6bUS$107.3bUS$8.1b20.2x37.8x2.9x
Wed, 06 Jul 2022US$254.9bUS$105.0bUS$7.5b17.5x33.8x2.4x
Fri, 03 Jun 2022US$281.6bUS$104.8bUS$7.5b19x37.4x2.7x
Sun, 01 May 2022US$282.4bUS$100.7bUS$7.5b19.5x37.5x2.8x
Tue, 29 Mar 2022US$322.5bUS$99.3bUS$7.6b21.2x42.2x3.2x
Thu, 24 Feb 2022US$300.4bUS$98.6bUS$8.0b21.3x37.3x3x
Sat, 22 Jan 2022US$310.0bUS$94.4bUS$7.9b23x39.2x3.3x
Mon, 20 Dec 2021US$339.1bUS$94.3bUS$7.5b23.4x45.2x3.6x
Wed, 17 Nov 2021US$381.5bUS$94.4bUS$7.8b24.9x49x4x
Fri, 15 Oct 2021US$318.8bUS$89.2bUS$8.0b23.7x39.7x3.6x
Sun, 12 Sep 2021US$314.4bUS$89.4bUS$7.8b23x40.2x3.5x
Tue, 10 Aug 2021US$327.6bUS$89.4bUS$7.9b24x41.5x3.7x
Price to Earnings Ratio

39.6x


Total Market Cap: US$312.0bTotal Earnings: US$7.9bTotal Revenue: US$89.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electrical Industry Price to Earnings3Y Average 42.2x202220232024
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 75.4x which is higher than its 3-year average PE of 42.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have declined 7.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 21% 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-0.06%
Industrials-0.99%
Electrical-1.80%
Electrical Components-1.69%
Heavy Electrical Equipment-2.53%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 36.4x.
    • Analysts are expecting annual earnings growth of 17.9%, which is higher than its past year's earnings growth of 13.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 43% over the next 5 years.
  • This is better than its past earnings decline of 67% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 18% 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
ROK Rockwell AutomationUS$275.283.5%
+US$1.1b		-16.4%PE26.6x
ENVX EnovixUS$15.4628.4%
+US$581.4m		-17.9%PS203.8x
EMR Emerson ElectricUS$110.160.8%
+US$480.6m		21.4%PE32.6x
SMR NuScale PowerUS$11.6916.7%
+US$147.9m		65.3%PS55.4x
ADSE ADS-TEC EnergyUS$12.5516.7%
+US$91.1m		93.1%PS5.5x
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7D

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1Y

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AME

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AMETEK

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EMR

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7D

0.8%

1Y

21.4%

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RRX

US$135.22

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VRT

US$86.57

Vertiv Holdings Co

7D

-2.9%

1Y

248.1%

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HUBB

US$365.48

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