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U.S. Machinery Industry Analysis

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies176
  • 7D1.7%
  • 3M5.3%
  • 1Y27.8%
  • YTD15.2%

The Machinery industry is up 1.7% in the last week, with PACCAR up 5.1%. This takes the industry's 12 month performance to a gain of 28%. As for the next few years, earnings are expected to grow by 8.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Oct 2024US$1.1tUS$474.2bUS$49.4b21.5x21.8x2.3x
Thu, 12 Sep 2024US$968.7bUS$474.1bUS$49.5b20.5x19.6x2x
Sat, 10 Aug 2024US$955.9bUS$476.5bUS$50.2b21x19.1x2x
Mon, 08 Jul 2024US$945.2bUS$476.9bUS$51.6b19.7x18.3x2x
Wed, 05 Jun 2024US$974.5bUS$477.0bUS$51.3b22.1x19x2x
Fri, 03 May 2024US$989.2bUS$478.6bUS$51.7b21.1x19.1x2.1x
Sun, 31 Mar 2024US$1.1tUS$476.8bUS$47.9b23.9x22.2x2.2x
Tue, 27 Feb 2024US$987.1bUS$476.5bUS$47.5b24.3x20.8x2.1x
Thu, 25 Jan 2024US$956.3bUS$486.4bUS$48.3b22.6x19.8x2x
Sat, 23 Dec 2023US$964.1bUS$484.9bUS$47.8b22.8x20.2x2x
Mon, 20 Nov 2023US$880.7bUS$484.0bUS$47.5b20.4x18.5x1.8x
Wed, 18 Oct 2023US$884.2bUS$475.2bUS$44.4b20.3x19.9x1.9x
Fri, 15 Sep 2023US$886.2bUS$475.0bUS$44.4b20.3x20x1.9x
Sun, 13 Aug 2023US$936.8bUS$473.4bUS$43.5b20.6x21.5x2x
Tue, 11 Jul 2023US$916.2bUS$459.8bUS$40.2b20.5x22.8x2x
Thu, 08 Jun 2023US$835.4bUS$460.8bUS$40.4b20.3x20.7x1.8x
Sat, 06 May 2023US$821.6bUS$456.6bUS$40.0b18.9x20.5x1.8x
Mon, 03 Apr 2023US$847.5bUS$442.8bUS$37.4b21.9x22.7x1.9x
Wed, 01 Mar 2023US$857.7bUS$442.4bUS$38.1b22.9x22.5x1.9x
Fri, 27 Jan 2023US$861.0bUS$441.3bUS$36.9b23.3x23.3x2x
Sun, 25 Dec 2022US$816.3bUS$439.3bUS$35.9b20.3x22.7x1.9x
Tue, 22 Nov 2022US$823.3bUS$435.1bUS$34.6b21.6x23.8x1.9x
Thu, 20 Oct 2022US$722.6bUS$422.3bUS$35.4b19.4x20.4x1.7x
Sat, 17 Sep 2022US$712.0bUS$421.8bUS$35.2b19.1x20.2x1.7x
Mon, 15 Aug 2022US$793.5bUS$419.0bUS$35.2b22.4x22.6x1.9x
Wed, 13 Jul 2022US$671.3bUS$410.7bUS$35.3b20.2x19x1.6x
Fri, 10 Jun 2022US$758.3bUS$409.9bUS$35.5b22.4x21.3x1.9x
Sun, 08 May 2022US$763.9bUS$409.5bUS$36.0b21.2x21.2x1.9x
Tue, 05 Apr 2022US$839.0bUS$404.8bUS$36.3b24.6x23.1x2.1x
Thu, 03 Mar 2022US$807.0bUS$402.0bUS$36.2b27.3x22.3x2x
Sat, 29 Jan 2022US$837.9bUS$398.9bUS$36.5b27.3x22.9x2.1x
Mon, 27 Dec 2021US$874.5bUS$397.2bUS$36.3b30x24.1x2.2x
Wed, 24 Nov 2021US$904.8bUS$395.2bUS$35.7b31.8x25.3x2.3x
Fri, 22 Oct 2021US$870.2bUS$384.9bUS$32.7b29.9x26.6x2.3x
Price to Earnings Ratio

26.6x


Total Market Cap: US$870.2bTotal Earnings: US$32.7bTotal Revenue: US$384.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Machinery Industry Price to Earnings3Y Average 21.4x202220232024
Current Industry PE
  • Investors are relatively neutral on the American Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 21.4x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 7.2% 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 Market1.47%
Industrials2.15%
Machinery1.73%
Industrial Machinery1.81%
Construction Machinery and Vehicles1.79%
Agricultural Machinery1.28%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 29.2x.
    • Analysts are expecting annual earnings growth of 16.5%, which is higher than its past year's earnings growth of 13.1% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading close to its 3-year average of 14.3x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PCAR PACCARUS$108.225.1%
+US$2.7b
27.2%PE11.4x
PH Parker-HannifinUS$643.532.2%
+US$1.8b
62.1%PE29.1x
ITW Illinois Tool WorksUS$261.502.1%
+US$1.6b
11.9%PE25.3x
WAB Westinghouse Air Brake TechnologiesUS$188.373.5%
+US$1.1b
79.7%PE32.5x
IR Ingersoll RandUS$102.442.4%
+US$976.4m
57.7%PE50.1x
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Latest News

ZJK

US$4.65

ZJK Industrial

7D

-31.6%

1Y

n/a

CAT

US$393.95

Caterpillar

7D

-1.1%

1Y

45.5%

DOV

US$193.73

Dover

7D

3.3%

1Y

37.6%

CMI

US$338.37

Cummins

7D

2.0%

1Y

48.2%

AIN

US$73.05

Albany International

7D

-1.5%

1Y

-14.6%

ITW

US$261.50

Illinois Tool Works

7D

2.1%

1Y

11.9%

XYL

US$137.24

Xylem

7D

2.4%

1Y

49.3%

RBC

US$280.65

RBC Bearings

7D

-2.1%

1Y

16.5%

SSYS

US$7.25

Stratasys

7D

-6.3%

1Y

-37.3%

WAB

US$188.37

Westinghouse Air Brake Technologies

7D

3.5%

1Y

79.7%

HI

US$26.58

Hillenbrand

7D

-1.9%

1Y

-34.1%