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U.S. Construction Machinery and Vehicles Industry Analysis

UpdatedAug 25, 2026
DataAggregated Company Financials
Companies38
  • 7D-6.3%
  • 3M-5.9%
  • 1Y58.3%
  • YTDn/a

Over the last 7 days, the Construction Machinery and Vehicles industry has dropped 6.3%, driven by Caterpillar declining 8.0%. In the past year, the industry has gained 58%. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 25 Aug 2026US$670.5bUS$223.6bUS$21.3b25.6x31.5x3x
Thu, 23 Jul 2026US$701.7bUS$215.0bUS$19.4b26.9x36.2x3.3x
Sat, 20 Jun 2026US$752.7bUS$215.1bUS$19.4b26x38.8x3.5x
Mon, 18 May 2026US$657.0bUS$188.0bUS$18.0b24.4x36.4x3.5x
Wed, 15 Apr 2026US$620.7bUS$183.5bUS$18.1b25.2x34.3x3.4x
Fri, 13 Mar 2026US$561.0bUS$183.6bUS$17.9b22.4x31.3x3.1x
Sun, 08 Feb 2026US$582.7bUS$182.6bUS$17.8b25.1x32.8x3.2x
Tue, 06 Jan 2026US$505.3bUS$183.3bUS$18.5b21.9x27.4x2.8x
Thu, 04 Dec 2025US$479.8bUS$183.2bUS$18.5b21.1x26x2.6x
Sat, 01 Nov 2025US$464.4bUS$183.0bUS$18.7b19.8x24.8x2.5x
Mon, 29 Sep 2025US$408.2bUS$183.6bUS$18.3b19.6x22.3x2.2x
Wed, 27 Aug 2025US$389.2bUS$183.5bUS$18.3b18.8x21.2x2.1x
Fri, 25 Jul 2025US$383.7bUS$183.7bUS$18.7b17.3x20.6x2.1x
Sun, 22 Jun 2025US$334.6bUS$184.7bUS$19.0b15.6x17.6x1.8x
Tue, 20 May 2025US$338.7bUS$184.6bUS$19.0b14.8x17.8x1.8x
Thu, 17 Apr 2025US$289.5bUS$188.3bUS$21.5b10.6x13.4x1.5x
Sat, 15 Mar 2025US$320.1bUS$188.4bUS$21.6b12.1x14.8x1.7x
Mon, 10 Feb 2025US$361.3bUS$189.1bUS$21.8b12.9x16.6x1.9x
Wed, 08 Jan 2025US$356.5bUS$191.1bUS$20.3b12.3x17.6x1.9x
Fri, 06 Dec 2024US$387.9bUS$191.5bUS$20.3b13.1x19.1x2x
Sun, 03 Nov 2024US$356.4bUS$191.4bUS$20.2b11.5x17.6x1.9x
Tue, 01 Oct 2024US$358.0bUS$192.4bUS$20.8b12.8x17.2x1.9x
Thu, 29 Aug 2024US$330.5bUS$192.5bUS$20.8b12x15.9x1.7x
Sat, 27 Jul 2024US$327.1bUS$192.0bUS$21.0b14x15.6x1.7x
Mon, 24 Jun 2024US$319.5bUS$192.2bUS$21.0b14.1x15.2x1.7x
Wed, 22 May 2024US$344.0bUS$192.4bUS$20.7b15.3x16.6x1.8x
Fri, 19 Apr 2024US$342.7bUS$191.3bUS$17.9b15.1x19.2x1.8x
Sun, 17 Mar 2024US$334.6bUS$189.9bUS$17.7b15.2x18.9x1.8x
Tue, 13 Feb 2024US$314.9bUS$189.6bUS$16.8b16.1x18.8x1.7x
Thu, 11 Jan 2024US$289.9bUS$191.4bUS$17.2b14x16.9x1.5x
Sat, 09 Dec 2023US$267.6bUS$190.2bUS$17.1b14.2x15.7x1.4x
Mon, 06 Nov 2023US$251.4bUS$190.1bUS$16.8b13.5x14.9x1.3x
Wed, 04 Oct 2023US$269.7bUS$185.6bUS$15.4b15.8x17.5x1.5x
Fri, 01 Sep 2023US$276.2bUS$185.6bUS$15.4b16.6x17.9x1.5x
Price to Earnings Ratio

17.9x


Total Market Cap: US$276.2bTotal Earnings: US$15.4bTotal Revenue: US$185.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Construction Machinery and Vehicles Industry Price to Earnings3Y Average 21.4x202420252026
Current Industry PE
  • Investors are optimistic on the American Construction Machinery and Heavy Trucks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.5x which is higher than its 3-year average PE of 21.4x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Construction Machinery and Heavy Trucks industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 6.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Construction Machinery and Vehicles compare with similar industries?

US Market-1.55%
Industrials-4.62%
Machinery-3.31%
Construction Machinery and Vehicles-6.35%
Agricultural Machinery8.08%
Industrial Machinery-3.38%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ALSN Allison Transmission HoldingsUS$131.383.4%
+US$352.6m		48.7%PE20.5x
OSK OshkoshUS$156.331.5%
+US$145.7m		9.7%PE17.3x
XOS XosUS$3.4967.0%
+US$19.9m		13.3%PS1.3x
GBX Greenbrier CompaniesUS$46.080.7%
+US$9.3m		-0.3%PE13.3x
ASTE Astec IndustriesUS$43.600.8%
+US$8.1m		-5.3%PE51.2x

Latest News

CMI
US$571.62
Cummins
7D
-10.8%
1Y
44.3%
ALSN
US$131.38
Allison Transmission Holdings
7D
3.4%
1Y
48.7%
XOS
US$3.49
Xos
7D
67.0%
1Y
13.3%
CYD
US$38.75
China Yuchai International
7D
-16.5%
1Y
21.9%
GBX
US$46.08
Greenbrier Companies
7D
0.7%
1Y
-0.3%
FSS
US$119.78
Federal Signal
7D
-5.0%
1Y
-5.4%
Seeking Alpha • Aug 20

Federal Signal: Solid Fundamentals Keep The Buy Case Intact

Summary Federal Signal Corporation (FSS) remains a Buy following strong Q2 results, including double-digit growth in both EPS and revenue. The Environmental Solutions segment was breadwinner of the company, posting revenue growth of roughly 20% thanks to favorable acquisitions. Management raised full-year 2026 guidance for the second time, leading to potential EPS and revenue growth of more 20%. FSS looks to be quite appealing at its current levels based on a free-cash-flow valuation. Read the full article on Seeking Alpha
CAT
US$811.02
Caterpillar
7D
-8.0%
1Y
87.6%
Narrative Update • Aug 20

CAT: Data Center Regulation Will Constrain AI Power Backlog And Future Upside

Caterpillar's analyst fair value estimate has been lifted from about $692 to about $716 as analysts factor in stronger modeled revenue growth and a slightly higher future P/E multiple, partly offset by more conservative profit margin and discount rate assumptions following recent Q2 driven target changes across the Street. Analyst Commentary Recent Street research on Caterpillar points to a mixed setup, with several firms lifting price targets after the Q2 earnings beat while a subset of bearish analysts turns more cautious on how durable current growth and margins may be.
PCAR
US$129.94
PACCAR
7D
-0.7%
1Y
29.3%
Narrative Update • Aug 19

PCAR: Future Returns Will Weigh Truck Cycle Strength Against Pricing And Policy Shifts

The analyst price target for PACCAR has increased from $126.12 to $141.03 as analysts factor in updated forecasts that reflect higher truck build plans, potential improvement in truck pricing in the second half of 2026, and adjustments following the latest Q2 earnings reports. Analyst Commentary Recent research on PACCAR points to a cluster of higher price targets following the latest Q2 earnings updates and refreshed truck build assumptions.
ATMU
US$48.13
Atmus Filtration Technologies
7D
-5.9%
1Y
8.9%
OSK
US$156.33
Oshkosh
7D
1.5%
1Y
9.7%
WAB
US$297.62
Westinghouse Air Brake Technologies
7D
-1.0%
1Y
54.0%
MLR
US$56.75
Miller Industries
7D
0.2%
1Y
27.6%
Narrative Update • Aug 10

MLR: Military Demand And Buybacks Will Support Future Upside

Analysts lifted their price target on Miller Industries stock to $64 from $56, pointing to recent revenue and EPS results that surpassed expectations even after one-time charges related to the Omars acquisition, as well as anticipated contributions from a normalizing product mix and growing military orders through 2026. What’s in the News for Miller Industries Miller Industries reaffirmed its 2026 earnings guidance.
TEX
US$65.88
Terex
7D
-2.2%
1Y
28.8%
Seeking Alpha • Aug 09

Terex: Stability Arrives After Busy Times

Summary Terex has engaged in significant M&A, including acquiring Environmental Solutions Group and merging with REV Group, amid challenging timing and market conditions. The REV Group deal appears dilutive, with Terex issuing 48 million shares and paying a premium valuation, raising concerns about capital allocation. Pro forma, Terex expects $750 million EBITDA, $4 per share earnings, and leverage near 2x after divesting its aerial platform business. While Terex now trades at 10–12x pro forma earnings and has improved business quality, I remain cautious due to deal dilution and timing. Read the full article on Seeking Alpha
ASTE
US$43.60
Astec Industries
7D
0.8%
1Y
-5.3%
Analysis Article • Aug 08

Astec Industries, Inc. Just Missed EPS By 41%: Here's What Analysts Think Will Happen Next

It's been a sad week for Astec Industries, Inc. ( NASDAQ:ASTE ), who've watched their investment drop 13% to US$44.25...
HCAI
US$4.98
Huachen AI Parking Management Technology Holding
7D
3.3%
1Y
-73.0%