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U.S. Industrial Machinery Industry Analysis

UpdatedAug 10, 2026
DataAggregated Company Financials
Companies132
  • 7D3.3%
  • 3M9.5%
  • 1Y21.3%
  • YTDn/a

The Industrial Machinery industry is up 4.6% in the last week, with Parker-Hannifin up 10.0%. During this same period, the JBT Marel underperformed, falling 11%. In the last 12 months, the industry was up 21%. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Aug 2026US$686.0bUS$188.4bUS$20.5b29.6x33.5x3.6x
Wed, 08 Jul 2026US$674.3bUS$189.6bUS$19.2b30.2x35.1x3.6x
Fri, 05 Jun 2026US$629.4bUS$189.5bUS$19.2b28.2x32.8x3.3x
Sun, 03 May 2026US$640.9bUS$186.5bUS$19.2b28.4x33.3x3.4x
Tue, 31 Mar 2026US$611.7bUS$184.3bUS$19.1b26x32.1x3.3x
Thu, 26 Feb 2026US$696.2bUS$183.2bUS$18.4b31.3x37.9x3.8x
Sat, 24 Jan 2026US$663.3bUS$185.2bUS$18.9b29.8x35.2x3.6x
Mon, 22 Dec 2025US$616.8bUS$185.2bUS$18.9b27.7x32.7x3.3x
Wed, 19 Nov 2025US$582.2bUS$185.2bUS$18.8b25.7x31x3.1x
Fri, 17 Oct 2025US$590.9bUS$182.1bUS$19.4b26.2x30.5x3.2x
Sun, 14 Sep 2025US$582.8bUS$182.0bUS$19.4b26.2x30.1x3.2x
Tue, 12 Aug 2025US$570.6bUS$182.1bUS$19.0b25.3x30.1x3.1x
Thu, 10 Jul 2025US$569.0bUS$180.5bUS$19.0b26.7x29.9x3.2x
Sat, 07 Jun 2025US$538.8bUS$180.5bUS$19.0b25.7x28.4x3x
Mon, 05 May 2025US$513.8bUS$180.2bUS$19.4b23.7x26.5x2.9x
Wed, 02 Apr 2025US$517.2bUS$180.6bUS$19.2b24.3x27x2.9x
Fri, 28 Feb 2025US$559.9bUS$180.5bUS$18.8b26.3x29.8x3.1x
Sun, 26 Jan 2025US$561.6bUS$181.2bUS$18.1b27.4x31.1x3.1x
Tue, 24 Dec 2024US$548.2bUS$181.3bUS$18.1b26.5x30.3x3x
Thu, 21 Nov 2024US$585.7bUS$181.0bUS$18.2b27.9x32.3x3.2x
Sat, 19 Oct 2024US$563.7bUS$180.4bUS$17.4b27.5x32.3x3.1x
Mon, 16 Sep 2024US$523.8bUS$180.4bUS$17.4b25x30.1x2.9x
Wed, 14 Aug 2024US$501.8bUS$180.3bUS$17.1b25.1x29.4x2.8x
Fri, 12 Jul 2024US$509.5bUS$179.1bUS$17.3b25.8x29.4x2.8x
Sun, 09 Jun 2024US$509.1bUS$179.1bUS$17.3b25.4x29.4x2.8x
Tue, 07 May 2024US$533.9bUS$179.1bUS$17.3b26.6x30.9x3x
Thu, 04 Apr 2024US$551.6bUS$178.1bUS$16.3b26.4x33.9x3.1x
Sat, 02 Mar 2024US$533.4bUS$178.2bUS$16.2b26.3x32.9x3x
Mon, 29 Jan 2024US$513.4bUS$184.3bUS$16.5b24.9x31.1x2.8x
Wed, 27 Dec 2023US$522.1bUS$183.8bUS$16.6b25.2x31.5x2.8x
Fri, 24 Nov 2023US$472.0bUS$183.8bUS$16.5b22.3x28.5x2.6x
Sun, 22 Oct 2023US$441.0bUS$181.4bUS$15.2b20.7x28.9x2.4x
Tue, 19 Sep 2023US$464.3bUS$181.1bUS$15.2b22.2x30.5x2.6x
Thu, 17 Aug 2023US$475.0bUS$181.3bUS$15.2b22.6x31.2x2.6x
Price to Earnings Ratio

31.2x


Total Market Cap: US$475.0bTotal Earnings: US$15.2bTotal Revenue: US$181.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrial Machinery Industry Price to Earnings3Y Average 31.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Industrial 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 31.2x.
  • The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Industrial Machinery industry have grown 10% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does U.S. Industrial Machinery compare with similar industries?

US Market2.74%
Industrials2.27%
Machinery2.06%
Industrial Machinery3.26%
Agricultural Machinery2.47%
Construction Machinery and Vehicles0.78%
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
PH Parker-HannifinUS$1.07k7.7%
+US$9.6b		47.0%PE37.1x
ITW Illinois Tool WorksUS$296.662.8%
+US$1.5b		15.5%PE26.5x
WTS Watts Water TechnologiesUS$392.2311.9%
+US$1.4b		46.9%PE34.1x
ITT ITTUS$213.137.4%
+US$1.3b		28.6%PE45.2x
SWK Stanley Black & DeckerUS$103.895.9%
+US$872.9m		50.9%PE25.3x

Latest News

ESE
US$305.72
ESCO Technologies
7D
-3.9%
1Y
57.4%
JBTM
US$123.12
JBT Marel
7D
-13.4%
1Y
-9.3%
ITT
US$213.13
ITT
7D
7.4%
1Y
28.6%
ITW
US$296.66
Illinois Tool Works
7D
2.8%
1Y
15.5%
WTS
US$392.23
Watts Water Technologies
7D
11.9%
1Y
46.9%
Analysis Article • 21h

Earnings Update: Watts Water Technologies, Inc. Beat Earnings And Now Analysts Have New Forecasts For This Year

Watts Water Technologies, Inc. ( NYSE:WTS ) investors will be delighted, with the company turning in some strong...
TNC
US$73.89
Tennant
7D
-13.9%
1Y
-8.0%
Analysis Article • 21h

Tennant Company Just Missed EPS By 62%: Here's What Analysts Think Will Happen Next

It's been a mediocre week for Tennant Company ( NYSE:TNC ) shareholders, with the stock dropping 12% to US$73.89 in the...
PH
US$1,073.87
Parker-Hannifin
7D
7.7%
1Y
47.0%
Analysis Article • 21h

US$1,134 - That's What Analysts Think Parker-Hannifin Corporation (NYSE:PH) Is Worth After These Results

It's been a good week for Parker-Hannifin Corporation ( NYSE:PH ) shareholders, because the company has just released...
SYM
US$40.18
Symbotic
7D
-12.4%
1Y
-21.6%
DOV
US$211.13
Dover
7D
2.6%
1Y
20.4%
TKR
US$130.33
Timken
7D
-8.1%
1Y
75.8%
LECO
US$281.96
Lincoln Electric Holdings
7D
5.3%
1Y
18.4%
Seeking Alpha • Aug 07

Lincoln Electric Holdings: Growth Remains Strong, But Valuation Caps Upside

Summary Lincoln Electric Holdings is positioned for FY2026 earnings growth, driven by volume gains, pricing actions, and robust industrial fabrication demand. Margin expansion is anticipated, supported by volume leverage and the RISE 2030 productivity initiatives, despite ongoing input cost pressures and LIFO headwinds. Management projects organic sales growth in the high-single to low-double digits, with price increases contributing two-thirds and volumes one-third of the growth. LECO trades at a 14.5% premium to the sector P/E and its 5-year average, leading to a Hold rating as the current valuation already prices in future growth. Read the full article on Seeking Alpha
AIN
US$62.71
Albany International
7D
-16.5%
1Y
2.3%
Narrative Update • Aug 06

AIN: Future Returns Will Reflect Recycling Progress As Expectations Remain Disciplined

Analysts have raised the price target for Albany International to $60.25 from $56.67, citing updated views on revenue growth, margins, and future P/E assumptions following recent company actions highlighted in Street research. What’s in the News for Albany International Albany International was added to the Russell 2000 Dynamic Index, based on a recent index constituent change event.
IR
US$86.97
Ingersoll Rand
7D
-0.9%
1Y
13.8%
OTIS
US$73.99
Otis Worldwide
7D
2.5%
1Y
-14.0%
Narrative Update • Aug 06

OTIS: Service Investment And Modernisation Will Test Guidance While Supporting Balanced Outlook

Analysts now place fair value for Otis Worldwide at $78.00. This reflects updated price targets that factor in recent guidance resets, ongoing investment in the Service business, and mixed margin performance, alongside existing expectations and current valuation support.
SWK
US$103.89
Stanley Black & Decker
7D
5.9%
1Y
50.9%
Narrative Update • Aug 05

SWK: Buybacks And Higher EPS Outlook Will Support Measured Future Returns

Analysts have revised their price target on Stanley Black & Decker from about $116.82 to $110.00, reflecting updated assumptions around a lower discount rate, adjusted revenue growth and profit margin expectations, and a more conservative future P/E multiple. What’s in the News for Stanley Black & Decker Stanley Black & Decker reported Q2 net sales that were described as stable and cited tariff refunds and the sale of its aerospace manufacturing business as key contributors to a more than threefold increase in net earnings, while also paying down debt and repurchasing shares.
GTES
US$28.25
Gates Industrial
7D
-3.8%
1Y
19.3%
Narrative Update • Aug 04

GTES: Fair Value View Will Weigh Upgraded Views Against Execution And Redomiciliation Risks

Gates Industrial’s updated analyst price target has moved from $26.00 to $28.00, reflecting recent research in which several firms raised their price targets into the low to mid $30s and cited a steadier operating backdrop and sector level support. Analyst Commentary Recent research updates on Gates Industrial cluster in a similar range, with targets between US$28 and US$35, and a mix of ratings that span from Equal Weight to Buy and Overweight.