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U.S. Industrial Machinery Industry Analysis

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies134
  • 7D7.5%
  • 3M13.7%
  • 1Y23.2%
  • YTDn/a

In the last week, the Industrial Machinery industry is up 7.4%, with Illinois Tool Works up 12%. During this same period, the Mueller Industries underperformed, falling 13%. In the last 12 months, the industry was up 23%. 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
Sun, 08 Feb 2026US$697.3bUS$184.5bUS$18.4b32.7x37.8x3.8x
Tue, 06 Jan 2026US$633.9bUS$185.2bUS$18.9b27.6x33.6x3.4x
Thu, 04 Dec 2025US$615.1bUS$185.1bUS$18.8b27.7x32.7x3.3x
Sat, 01 Nov 2025US$602.8bUS$183.6bUS$19.3b26.6x31.3x3.3x
Mon, 29 Sep 2025US$583.7bUS$182.1bUS$19.4b25.6x30.1x3.2x
Wed, 27 Aug 2025US$584.7bUS$182.0bUS$19.3b26.6x30.2x3.2x
Fri, 25 Jul 2025US$582.6bUS$180.9bUS$19.1b27.1x30.5x3.2x
Sun, 22 Jun 2025US$534.4bUS$180.6bUS$19.0b24.7x28.1x3x
Tue, 20 May 2025US$552.5bUS$180.5bUS$19.1b25.8x29x3.1x
Thu, 17 Apr 2025US$481.0bUS$180.4bUS$19.5b22.2x24.6x2.7x
Sat, 15 Mar 2025US$515.8bUS$180.5bUS$18.8b25.5x27.4x2.9x
Mon, 10 Feb 2025US$570.8bUS$180.4bUS$18.8b27.9x30.3x3.2x
Wed, 08 Jan 2025US$546.4bUS$181.3bUS$18.1b25.7x30.2x3x
Fri, 06 Dec 2024US$594.4bUS$181.2bUS$18.1b28.9x32.9x3.3x
Sun, 03 Nov 2024US$549.0bUS$180.9bUS$18.0b27.6x30.5x3x
Tue, 01 Oct 2024US$557.2bUS$180.4bUS$17.4b26.6x32x3.1x
Thu, 29 Aug 2024US$527.8bUS$180.4bUS$17.4b25.4x30.3x2.9x
Sat, 27 Jul 2024US$534.1bUS$179.3bUS$17.4b26.6x30.7x3x
Mon, 24 Jun 2024US$509.1bUS$179.1bUS$17.3b25.3x29.4x2.8x
Wed, 22 May 2024US$545.9bUS$179.4bUS$17.3b26.7x31.5x3x
Fri, 19 Apr 2024US$524.5bUS$178.0bUS$16.3b25.1x32.1x2.9x
Sun, 17 Mar 2024US$542.1bUS$178.2bUS$16.4b26x33.1x3x
Tue, 13 Feb 2024US$522.5bUS$177.4bUS$16.3b25.3x32x2.9x
Thu, 11 Jan 2024US$504.5bUS$184.2bUS$16.5b24x30.6x2.7x
Sat, 09 Dec 2023US$488.8bUS$183.8bUS$16.5b23.9x29.6x2.7x
Mon, 06 Nov 2023US$454.0bUS$184.1bUS$16.1b21.6x28.3x2.5x
Wed, 04 Oct 2023US$451.3bUS$181.2bUS$15.2b21.4x29.7x2.5x
Fri, 01 Sep 2023US$488.7bUS$181.2bUS$15.2b23.1x32.1x2.7x
Sun, 30 Jul 2023US$493.8bUS$180.0bUS$14.6b23.6x33.9x2.7x
Tue, 27 Jun 2023US$469.3bUS$179.4bUS$14.7b23.3x31.9x2.6x
Thu, 25 May 2023US$423.1bUS$179.4bUS$14.7b20.6x28.7x2.4x
Sat, 22 Apr 2023US$432.3bUS$176.4bUS$14.5b21.7x29.9x2.5x
Mon, 20 Mar 2023US$406.9bUS$174.9bUS$14.2b22.5x28.6x2.3x
Wed, 15 Feb 2023US$444.6bUS$174.2bUS$14.3b24.5x31.1x2.6x
Price to Earnings Ratio

31.1x


Total Market Cap: US$444.6bTotal Earnings: US$14.3bTotal Revenue: US$174.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrial Machinery Industry Price to Earnings3Y Average 30.7x202420252026
Current Industry PE
  • Investors are optimistic on the American Industrial Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 36.8x which is higher than its 3-year average PE of 30.7x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Industrial Machinery industry have grown 8.8% 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 Market-0.071%
Industrials4.76%
Machinery8.04%
Industrial Machinery7.48%
Agricultural Machinery10.86%
Construction Machinery and Vehicles7.79%
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
ITW Illinois Tool WorksUS$293.5712.4%
+US$9.4b		14.9%PE27.8x
PH Parker-HannifinUS$976.494.3%
+US$5.1b		42.8%PE34.8x
IR Ingersoll RandUS$98.5014.4%
+US$4.9b		8.3%PE71.4x
DOV DoverUS$223.6611.0%
+US$3.0b		10.4%PE28x
ITT ITTUS$206.8713.5%
+US$2.1b		41.6%PE36.4x

Latest News

ITT
US$206.87
ITT
7D
13.5%
1Y
41.6%
OTIS
US$89.85
Otis Worldwide
7D
5.2%
1Y
-5.3%
IR
US$98.50
Ingersoll Rand
7D
14.4%
1Y
8.3%
PH
US$976.49
Parker-Hannifin
7D
4.3%
1Y
42.8%

PH: Higher Fair Value Will Rely On Sustained Buybacks And Margin Execution

Analysts have lifted their price target on Parker Hannifin from $849 to $1,139, citing updated assumptions for revenue growth, profitability, and future P/E that feed into a higher fair value estimate and a slightly adjusted discount rate. What's in the News Parker-Hannifin updated its share repurchase activity for the period from October 1, 2025 to December 31, 2025, buying back 92,199 shares, or 0.07%, for $75m under its ongoing program (Key Developments).
MLI
US$117.86
Mueller Industries
7D
-13.4%
1Y
46.8%
ITW
US$293.57
Illinois Tool Works
7D
12.4%
1Y
14.9%
PNR
US$97.35
Pentair
7D
-7.6%
1Y
-0.5%
FTV
US$60.12
Fortive
7D
13.8%
1Y
-24.0%

FTV: JPMorgan Downgrade And Buybacks Will Shape A Measured Return Profile

Analysts have trimmed their price target on Fortive to US$58.13, citing a slightly lower discount rate, modestly softer revenue expectations and a higher assumed profit margin supported by a reduced future P/E multiple. Analyst Commentary Recent commentary around the new US$58.13 price target reflects a mixed view on Fortive, with the latest JPMorgan downgrade underlining both execution opportunities and areas of concern for valuation and growth.
LECO
US$298.88
Lincoln Electric Holdings
7D
12.6%
1Y
56.3%

LECO: Elevated Profit Assumptions Will Likely Expose Execution And Margin Risks

Analysts have kept their average price target for Lincoln Electric at about US$208, with recent small upward and downward revisions based on updated assumptions for revenue growth, profit margins and future P/E expectations. Analyst Commentary Even with the average price target sitting around US$208, bearish analysts are still flagging some key risks around how Lincoln Electric is currently valued and how it might execute on its plans.
VHUB
US$4.83
VenHub Global
7D
-24.8%
1Y
n/a
RR
US$3.40
Richtech Robotics
7D
-5.0%
1Y
8.3%
INLF
US$0.49
INLIF
7D
-65.8%
1Y
-90.1%
DOV
US$223.66
Dover
7D
11.0%
1Y
10.4%
MCRP
US$2.77
Micropolis AI Robotics
7D
-18.8%
1Y
n/a
LASE
US$0.60
Laser Photonics
7D
-69.0%
1Y
-85.9%
BURU
US$0.16
Nuburu
7D
-23.8%
1Y
-38.9%