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U.S. Industrial Machinery Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies134
  • 7D1.4%
  • 3M7.4%
  • 1Y13.7%
  • YTDn/a

Over the last 7 days, the Industrial Machinery industry has risen 1.4%, driven by gains from Parker-Hannifin of 1.4%. Meanwhile, SPX Technologies actually underperformed within the industry, shrinking 5.3% in the last week. This takes the industry's 12 month performance to a gain of 14%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025US$623.9bUS$185.2bUS$18.9b27.8x33.1x3.4x
Fri, 21 Nov 2025US$580.5bUS$185.1bUS$18.8b26x30.8x3.1x
Sun, 19 Oct 2025US$586.9bUS$182.2bUS$19.4b26.3x30.2x3.2x
Tue, 16 Sep 2025US$582.9bUS$182.1bUS$19.4b26x30.1x3.2x
Thu, 14 Aug 2025US$581.9bUS$181.9bUS$19.3b26.9x30.1x3.2x
Sat, 12 Jul 2025US$572.9bUS$180.5bUS$19.0b27x30.1x3.2x
Mon, 09 Jun 2025US$545.0bUS$180.5bUS$19.0b25.7x28.7x3x
Wed, 07 May 2025US$511.0bUS$180.6bUS$19.2b23.3x26.6x2.8x
Fri, 04 Apr 2025US$529.2bUS$180.4bUS$19.5b22.7x27.1x2.9x
Sun, 02 Mar 2025US$561.6bUS$180.6bUS$18.8b26.5x29.8x3.1x
Tue, 28 Jan 2025US$574.3bUS$179.6bUS$18.1b27.4x31.7x3.2x
Thu, 26 Dec 2024US$551.7bUS$181.3bUS$18.1b26.6x30.5x3x
Sat, 23 Nov 2024US$594.3bUS$181.0bUS$18.2b29x32.6x3.3x
Mon, 21 Oct 2024US$563.7bUS$180.4bUS$17.4b27.5x32.3x3.1x
Wed, 18 Sep 2024US$529.4bUS$180.4bUS$17.4b25.4x30.4x2.9x
Fri, 16 Aug 2024US$510.3bUS$180.4bUS$17.2b25.5x29.7x2.8x
Sun, 14 Jul 2024US$528.5bUS$179.1bUS$17.3b25.7x30.5x3x
Tue, 11 Jun 2024US$512.5bUS$179.1bUS$17.3b24.8x29.6x2.9x
Thu, 09 May 2024US$539.9bUS$179.3bUS$17.3b26.6x31.1x3x
Sat, 06 Apr 2024US$546.0bUS$178.1bUS$16.3b26.5x33.6x3.1x
Mon, 04 Mar 2024US$535.2bUS$178.2bUS$16.2b26.3x33x3x
Wed, 31 Jan 2024US$520.4bUS$183.0bUS$16.4b25.4x31.8x2.8x
Fri, 29 Dec 2023US$527.1bUS$183.8bUS$16.6b25x31.8x2.9x
Sun, 26 Nov 2023US$482.4bUS$183.8bUS$16.5b22.5x29.2x2.6x
Tue, 24 Oct 2023US$436.2bUS$181.4bUS$15.2b20.6x28.6x2.4x
Thu, 21 Sep 2023US$459.0bUS$181.1bUS$15.2b21.9x30.2x2.5x
Sat, 19 Aug 2023US$469.9bUS$181.3bUS$15.2b22.2x30.9x2.6x
Mon, 17 Jul 2023US$494.0bUS$178.1bUS$14.5b24.6x34.2x2.8x
Wed, 14 Jun 2023US$470.5bUS$179.4bUS$14.7b23.7x32x2.6x
Fri, 12 May 2023US$428.1bUS$179.1bUS$14.7b21x29.1x2.4x
Sun, 09 Apr 2023US$422.8bUS$179.7bUS$14.2b21.5x29.8x2.4x
Tue, 07 Mar 2023US$444.1bUS$175.0bUS$14.3b23.8x31.1x2.5x
Thu, 02 Feb 2023US$439.0bUS$172.4bUS$14.3b25.7x30.7x2.5x
Sat, 31 Dec 2022US$398.0bUS$171.7bUS$13.8b21x28.9x2.3x
Price to Earnings Ratio

28.9x


Total Market Cap: US$398.0bTotal Earnings: US$13.8bTotal Revenue: US$171.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrial Machinery Industry Price to Earnings3Y Average 30.5x202320242025
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 30.5x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Industrial Machinery industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 2.5% 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. Industrial Machinery compare with similar industries?

US Market2.62%
Industrials1.36%
Machinery0.21%
Industrial Machinery1.41%
Construction Machinery and Vehicles-0.17%
Agricultural Machinery-3.18%
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$887.762.8%
+US$3.1b		36.0%PE30.8x
IR Ingersoll RandUS$81.574.4%
+US$1.4b		-11.7%PE59.1x
MLI Mueller IndustriesUS$118.325.1%
+US$635.0m		46.7%PE17.5x
ITT ITTUS$177.733.3%
+US$486.1m		23.2%PE31.7x
DOV DoverUS$199.561.7%
+US$467.7m		4.8%PE25.8x

Latest News

ITW
US$251.95
Illinois Tool Works
7D
-0.2%
1Y
-2.8%
XYL
US$138.73
Xylem
7D
1.4%
1Y
17.4%

Investors Appear Satisfied With Xylem Inc.'s (NYSE:XYL) Prospects

Dec 23
Investors Appear Satisfied With Xylem Inc.'s (NYSE:XYL) Prospects
SWK
US$74.87
Stanley Black & Decker
7D
4.1%
1Y
-7.7%
ITT
US$177.73
ITT
7D
3.3%
1Y
23.2%

ITT: Record Backlog And M&A Execution Will Drive Future Upside Potential

Analysts have raised our ITT price target to $225 from $210, reflecting modestly lower risk assumptions, slightly stronger long term margin and earnings potential, and support from recent target increases on the Street that highlight above peer EPS growth, robust execution, and growing M&A contributions. Analyst Commentary Bullish Takeaways Bullish analysts highlight a strong Q3 beat and raise as evidence of robust execution, supporting a premium valuation multiple versus industrial peers.
PH
US$887.76
Parker-Hannifin
7D
2.8%
1Y
36.0%

PH: Elevated Margin Outlook Will Likely Limit Future Share Price Upside

Analysts have raised their price target on Parker-Hannifin significantly, from approximately $592 to about $701. They cite slightly stronger expected revenue growth, higher projected profit margins, a modestly higher future P/E multiple, and a somewhat increased discount rate that still supports a higher fair value estimate.
WOR
US$52.87
Worthington Enterprises
7D
-3.6%
1Y
28.6%

WOR: Share Buybacks Will Support Future Upside Despite Recently Trimmed Expectations

Analysts have trimmed their price target on Worthington Enterprises to approximately $76 from about $81 per share, citing slightly lower expectations for revenue growth, profit margins and future valuation multiples, along with a modestly higher discount rate. What's in the News Worthington Enterprises plans to pursue strategic acquisitions, focusing on niche markets with sustainable competitive advantages to drive both organic and acquisition led growth while targeting higher margins (Key Developments).
ERII
US$13.84
Energy Recovery
7D
-2.1%
1Y
-6.1%

ERII: CO2 Refrigeration Adoption Delays Will Temper Long-Term Confidence

Analysts have raised their price target on Energy Recovery by approximately $1 to about $15, reflecting increased confidence in the company’s long term revenue growth and margin outlook, even as original equipment manufacturer adoption of CO2 refrigeration remains modestly delayed. Analyst Commentary Recent research updates reflect a mix of optimism on long term growth prospects and caution around execution timing, particularly in the CO2 refrigeration segment.
OTIS
US$87.90
Otis Worldwide
7D
-1.2%
1Y
-6.5%

OTIS: Modernization And IoT Expansion Will Drive Higher Margins And Earnings

Analysts have modestly raised their price target on Otis Worldwide by about 1 dollar to reflect slightly stronger expected profit margins, a marginally lower discount rate, and broadly stable growth and valuation assumptions. What's in the News Expanded Gen3 Core elevator platform in North America with higher load capacities, larger cabs and doors, and Otis ONE IoT connectivity, targeting low rise buildings that need to move heavier equipment and deliveries efficiently (Product Related Announcement).
RBC
US$458.38
RBC Bearings
7D
3.0%
1Y
50.5%

RBC: Future Guidance And Buybacks Will Support Balanced Fair Value Outlook

Analysts have modestly raised their price target on RBC Bearings, adding about 0.5 percent to their valuation as slightly higher long term revenue growth, improved profit margins, and a marginally lower discount rate support a new fair value estimate of approximately 482 dollars per share. What's in the News Issued new earnings guidance for the third quarter of fiscal 2026, targeting net sales of approximately 454 million dollars to 462 million dollars, a projected increase of 15.1 percent to 17.1 percent from 394.4 million dollars in the prior year period (company guidance).
IR
US$81.57
Ingersoll Rand
7D
4.4%
1Y
-11.7%

IR: Share Repurchases Will Drive Stronger Returns Despite Higher Discount Rate

Analysts have trimmed their price target on Ingersoll Rand to approximately $100.00 from about $111.00. This reflects a higher assumed discount rate and lower future valuation multiples, which more than offset modestly improved growth and margin expectations.
DDD
US$1.78
3D Systems
7D
-4.3%
1Y
-50.0%
DOV
US$199.56
Dover
7D
1.7%
1Y
4.8%

DOV: Cost Controls And Productivity Will Sustain Margins Amid Sluggish Demand

Analysts have nudged their price target on Dover slightly higher to about $215 per share from roughly $214.65. They cite the company’s ability to offset sluggish top line growth with productivity gains, positive mix, and disciplined cost controls that support modestly stronger revenue growth and resilient margins.
NNDM
US$1.71
Nano Dimension
7D
-4.5%
1Y
-32.1%
PKOH
US$21.20
Park-Ohio Holdings
7D
-6.3%
1Y
-19.3%
MLI
US$118.32
Mueller Industries
7D
5.1%
1Y
46.7%
TNC
US$75.37
Tennant
7D
-1.4%
1Y
-6.5%