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U.S. Machinery Industry Analysis

UpdatedDec 01, 2023
DataAggregated Company Financials
Companies207
  • 7D0.6%
  • 3M-5.2%
  • 1Y5.9%
  • YTD9.2%

In the last week, Machinery has been flat. As for the the longer term, the industry is up 5.9% over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Dec 2023US$880.1bUS$483.9bUS$47.8b20.5x18.4x1.8x
Sun, 29 Oct 2023US$811.5bUS$478.5bUS$45.4b18.3x17.9x1.7x
Tue, 26 Sep 2023US$873.8bUS$475.1bUS$44.4b20x19.7x1.8x
Thu, 24 Aug 2023US$904.3bUS$475.1bUS$44.5b19.9x20.3x1.9x
Sat, 22 Jul 2023US$943.6bUS$459.8bUS$40.2b20.5x23.5x2.1x
Mon, 19 Jun 2023US$896.1bUS$460.9bUS$40.5b20.1x22.2x1.9x
Wed, 17 May 2023US$793.1bUS$456.7bUS$39.7b18.1x20x1.7x
Fri, 14 Apr 2023US$820.4bUS$444.6bUS$38.3b20.7x21.4x1.8x
Sun, 12 Mar 2023US$825.4bUS$443.0bUS$38.0b21.9x21.7x1.9x
Tue, 07 Feb 2023US$874.3bUS$434.6bUS$36.8b23.9x23.8x2x
Thu, 05 Jan 2023US$818.6bUS$439.3bUS$35.9b20.7x22.8x1.9x
Sat, 03 Dec 2022US$846.3bUS$439.7bUS$35.8b21.4x23.7x1.9x
Mon, 31 Oct 2022US$790.6bUS$429.6bUS$36.3b20.9x21.8x1.8x
Wed, 28 Sep 2022US$666.2bUS$421.8bUS$35.2b18.2x18.9x1.6x
Fri, 26 Aug 2022US$772.2bUS$421.5bUS$35.3b21.6x21.9x1.8x
Sun, 24 Jul 2022US$708.4bUS$411.0bUS$35.5b21.1x20x1.7x
Tue, 21 Jun 2022US$675.0bUS$409.9bUS$35.5b20.6x19x1.6x
Thu, 19 May 2022US$760.9bUS$408.1bUS$35.3b21.4x21.6x1.9x
Sat, 16 Apr 2022US$803.3bUS$401.4bUS$36.2b23x22.2x2x
Mon, 14 Mar 2022US$794.6bUS$402.5bUS$36.2b25.1x22x2x
Wed, 09 Feb 2022US$837.6bUS$399.5bUS$36.3b27.8x23.1x2.1x
Fri, 07 Jan 2022US$902.8bUS$397.0bUS$36.3b30.6x24.9x2.3x
Sun, 05 Dec 2021US$862.6bUS$397.0bUS$36.2b29.5x23.8x2.2x
Tue, 02 Nov 2021US$885.5bUS$390.3bUS$33.9b29.9x26.1x2.3x
Thu, 30 Sep 2021US$856.2bUS$387.0bUS$32.7b29.9x26.2x2.2x
Sat, 28 Aug 2021US$904.6bUS$384.7bUS$31.5b30.9x28.7x2.4x
Sun, 04 Jul 2021US$877.6bUS$377.1bUS$30.6b30.8x28.7x2.3x
Wed, 07 Apr 2021US$873.4bUS$351.5bUS$24.3b32.6x36x2.5x
Sat, 09 Jan 2021US$749.2bUS$342.6bUS$21.1b31x35.5x2.2x
Price to Earnings Ratio

37.1x


Total Market Cap: US$722.5bTotal Earnings: US$19.5bTotal Revenue: US$342.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Machinery Industry Price to Earnings3Y Average 24.8x202120222023
Current Industry PE
  • Investors are pessimistic on the American Machinery 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 18.4x which is lower than its 3-year average PE of 24.8x.
  • The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 35% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market0.50%
Industrials0.74%
Machinery0.58%
Construction Machinery and Vehicles1.10%
Industrial Machinery0.70%
Agricultural Machinery-0.79%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 29.7x.
    • Analysts are expecting annual earnings growth of 23.5%, which is higher than its past year's earnings growth of 14.4% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 20.4x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings decline by 4.4% 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
CAT CaterpillarUS$250.721.9%
+US$2.4b
6.4%PE14x
CNHI CNH IndustrialUS$10.746.3%
+US$842.7m
-34.4%PE6x
XYL XylemUS$105.132.8%
+US$701.5m
-7.6%PE51.5x
RBC RBC BearingsUS$257.746.7%
+US$467.5m
9.4%PE45.4x
ITW Illinois Tool WorksUS$242.210.6%
+US$454.3m
6.5%PE23.2x
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1Y

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