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U.S. Industrial Machinery Industry Analysis

UpdatedMay 11, 2026
DataAggregated Company Financials
Companies134
  • 7D-0.05%
  • 3M-8.4%
  • 1Y22.8%
  • YTDn/a

Last week, the Industrial Machinery industry hasn't moved much but JBT Marel is up 17% in that time. As for the the longer term, the industry is up 23% over the past 12 months. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 May 2026US$643.0bUS$189.2bUS$19.5b27.6x33x3.4x
Wed, 08 Apr 2026US$625.9bUS$184.3bUS$19.0b28.3x32.9x3.4x
Fri, 06 Mar 2026US$675.7bUS$182.5bUS$19.0b29.3x35.6x3.7x
Sun, 01 Feb 2026US$649.2bUS$185.9bUS$18.8b29.5x34.5x3.5x
Tue, 30 Dec 2025US$624.6bUS$185.2bUS$18.9b27.7x33.1x3.4x
Thu, 27 Nov 2025US$618.0bUS$185.1bUS$18.8b27.7x32.8x3.3x
Sat, 25 Oct 2025US$603.5bUS$182.4bUS$19.5b26.8x30.9x3.3x
Mon, 22 Sep 2025US$589.3bUS$182.1bUS$19.4b26.2x30.5x3.2x
Wed, 20 Aug 2025US$577.2bUS$181.9bUS$19.3b26.4x29.8x3.2x
Fri, 18 Jul 2025US$569.9bUS$180.5bUS$19.0b27x29.9x3.2x
Sun, 15 Jun 2025US$531.2bUS$180.6bUS$19.0b25.2x28x2.9x
Tue, 13 May 2025US$523.7bUS$180.5bUS$19.2b25.4x27.3x2.9x
Thu, 10 Apr 2025US$447.3bUS$180.4bUS$19.5b23.2x22.9x2.5x
Sat, 08 Mar 2025US$543.8bUS$180.6bUS$18.8b25.9x28.9x3x
Mon, 03 Feb 2025US$581.3bUS$179.8bUS$18.3b27.2x31.8x3.2x
Wed, 01 Jan 2025US$543.0bUS$181.3bUS$18.1b26.1x30x3x
Fri, 29 Nov 2024US$594.6bUS$181.2bUS$18.0b28.8x32.9x3.3x
Sun, 27 Oct 2024US$547.8bUS$180.6bUS$17.5b25.7x31.2x3x
Tue, 24 Sep 2024US$544.8bUS$180.4bUS$17.4b25.8x31.3x3x
Thu, 22 Aug 2024US$518.0bUS$180.4bUS$17.2b25.5x30.1x2.9x
Sat, 20 Jul 2024US$536.5bUS$179.1bUS$17.3b25.8x30.9x3x
Mon, 17 Jun 2024US$503.9bUS$179.1bUS$17.3b24.7x29.1x2.8x
Wed, 15 May 2024US$541.4bUS$179.4bUS$17.3b26.6x31.2x3x
Fri, 12 Apr 2024US$545.0bUS$178.0bUS$16.3b26.1x33.5x3.1x
Sun, 10 Mar 2024US$540.9bUS$178.2bUS$16.2b26.7x33.3x3x
Tue, 06 Feb 2024US$512.8bUS$176.6bUS$16.1b24.2x31.8x2.9x
Thu, 04 Jan 2024US$507.1bUS$184.3bUS$16.5b24.1x30.8x2.8x
Sat, 02 Dec 2023US$483.8bUS$183.8bUS$16.5b23.2x29.2x2.6x
Mon, 30 Oct 2023US$427.4bUS$182.0bUS$15.5b20x27.6x2.3x
Wed, 27 Sep 2023US$446.5bUS$181.2bUS$15.2b21.4x29.4x2.5x
Fri, 25 Aug 2023US$472.3bUS$181.3bUS$15.2b22.3x31x2.6x
Sun, 23 Jul 2023US$497.2bUS$178.1bUS$14.5b24.2x34.3x2.8x
Tue, 20 Jun 2023US$479.2bUS$179.4bUS$14.7b24x32.6x2.7x
Thu, 18 May 2023US$430.3bUS$179.3bUS$14.7b21x29.3x2.4x
Price to Earnings Ratio

29.3x


Total Market Cap: US$430.3bTotal Earnings: US$14.7bTotal Revenue: US$179.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrial Machinery Industry Price to Earnings3Y Average 31x202420252026
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 31.0x.
  • The 3-year average PS ratio of 3.0x 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 9.9% 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 Market2.25%
Industrials0.49%
Machinery0.29%
Industrial Machinery-0.053%
Construction Machinery and Vehicles0.72%
Agricultural Machinery-0.063%
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$878.831.3%
+US$1.4b		31.4%PE31.8x
MIDD MiddlebyUS$164.6720.0%
+US$1.3b		12.1%PE20.9x
JBTM JBT MarelUS$139.4519.8%
+US$1.2b		18.5%PE43.1x
MLI Mueller IndustriesUS$140.837.6%
+US$1.1b		80.1%PE18.4x
ITW Illinois Tool WorksUS$254.761.2%
+US$799.6m		1.8%PE23.4x

Latest News

OTIS
US$74.82
Otis Worldwide
7D
-1.4%
1Y
-23.7%
ITT
US$206.15
ITT
7D
-1.4%
1Y
38.0%
XYL
US$113.73
Xylem
7D
-1.0%
1Y
-10.6%
MIDD
US$164.67
Middleby
7D
20.0%
1Y
12.1%
PH
US$878.83
Parker-Hannifin
7D
1.3%
1Y
31.4%
KAI
US$338.82
Kadant
7D
18.3%
1Y
5.8%
MWA
US$26.37
Mueller Water Products
7D
-3.2%
1Y
3.8%
Seeking Alpha • May 09

Mueller Water Products: Undervalued Despite High Profitability

Summary Mueller Water Products is rated a buy, trading at a significant discount despite sector-leading margin expansion and robust fundamentals. MWA's competitive moat, pricing power, and manufacturing efficiencies have driven superior EBIT and net income growth versus peers, with further margin gains anticipated. Recent Q2 results showed revenue up 6% and EBIT margin at 20.92%, well above sector averages, but free cash flow conversion remains a near-term challenge due to inventory build. Risks include transitional headwinds from the brass foundry closure, modest FY2026 revenue guidance (2.8%-4.2%), and elevated inventory levels amid weak residential demand. Read the full article on Seeking Alpha
JBTM
US$139.45
JBT Marel
7D
19.8%
1Y
18.5%
SYM
US$52.29
Symbotic
7D
-8.3%
1Y
101.1%
ERII
US$9.43
Energy Recovery
7D
-14.8%
1Y
-23.0%
ITW
US$254.76
Illinois Tool Works
7D
1.2%
1Y
1.8%
DOV
US$219.83
Dover
7D
-0.5%
1Y
19.7%
Seeking Alpha • May 07

Dover Corporation: Strong Bookings And AI Demand Support Upside

Summary Dover Corporation is rated Buy, trading at a 10% P/E discount to peers, with strong exposure to high-growth AI and infrastructure markets. Robust bookings, a 1.2x book-to-bill ratio, and double-digit growth in Climate & Sustainability Technologies underpin confidence in FY2026 revenue acceleration. Margin expansion is driven by volume leverage, favorable product mix, rightsizing initiatives, and planned 1.5–2% price increases to offset input costs. Strategic M&A, including the SIKORA acquisition, enhances DOV’s positioning in electricity infrastructure and supports both organic and inorganic growth. Read the full article on Seeking Alpha
CR
US$181.32
Crane
7D
6.1%
1Y
3.4%
Narrative Update • May 06

CR: Acquisition Pipeline And Strong Balance Sheet Will Support 2026 Outlook

Analysts have nudged their price target for Crane slightly higher to around $220 from about $219, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What’s in the News Crane is actively seeking acquisitions, with management highlighting significant opportunity to add to its portfolio in Aerospace & Advanced Technologies and Process Flow Technologies, supported by what it describes as a robust pipeline of potential deals.
MLI
US$140.83
Mueller Industries
7D
7.6%
1Y
80.1%
Analysis Article • May 05

Mueller Industries' (NYSE:MLI) Earnings Are Weaker Than They Seem

Mueller Industries, Inc. ( NYSE:MLI ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
LECO
US$271.11
Lincoln Electric Holdings
7D
3.5%
1Y
39.1%
NNDM
US$1.58
Nano Dimension
7D
-16.8%
1Y
-3.7%