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U.S. Machinery Industry Analysis

UpdatedJun 18, 2026
DataAggregated Company Financials
Companies191
  • 7D7.1%
  • 3M14.0%
  • 1Y46.6%
  • YTD21.0%

Over the last 7 days, the Machinery industry has risen 7.1%, driven by gains from Caterpillar of 12%. This means that the industry has gained 47% over the past year. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Jun 2026US$1.6tUS$489.4bUS$44.8b27.6x35.4x3.2x
Sat, 16 May 2026US$1.5tUS$461.1bUS$43.7b25.9x34.3x3.3x
Mon, 13 Apr 2026US$1.5tUS$451.4bUS$43.6b27.9x34x3.3x
Wed, 11 Mar 2026US$1.4tUS$449.8bUS$43.2b27x32.4x3.1x
Fri, 06 Feb 2026US$1.4tUS$449.2bUS$42.5b27.9x33.8x3.2x
Sun, 04 Jan 2026US$1.3tUS$450.9bUS$43.7b25.1x29.2x2.8x
Tue, 02 Dec 2025US$1.3tUS$450.7bUS$43.7b24.5x28.7x2.8x
Thu, 30 Oct 2025US$1.2tUS$446.0bUS$44.4b24.6x26.9x2.7x
Sat, 27 Sep 2025US$1.1tUS$447.0bUS$44.2b24.1x25.8x2.5x
Mon, 25 Aug 2025US$1.2tUS$446.9bUS$44.2b24.3x26.1x2.6x
Wed, 23 Jul 2025US$1.1tUS$448.5bUS$44.3b22.9x25x2.5x
Fri, 20 Jun 2025US$1.0tUS$449.2bUS$44.5b23x23.5x2.3x
Sun, 18 May 2025US$1.1tUS$449.1bUS$44.6b24.2x24.1x2.4x
Tue, 15 Apr 2025US$926.7bUS$457.0bUS$48.6b19.8x19.1x2x
Thu, 13 Mar 2025US$1.0tUS$457.8bUS$47.8b21.1x21.5x2.2x
Sat, 08 Feb 2025US$1.1tUS$461.6bUS$48.9b23x22.5x2.4x
Mon, 06 Jan 2025US$1.0tUS$467.3bUS$47.9b23x21.9x2.2x
Wed, 04 Dec 2024US$1.1tUS$467.7bUS$47.8b25x24x2.5x
Fri, 01 Nov 2024US$1.0tUS$473.5bUS$49.1b22.6x21.3x2.2x
Sun, 29 Sep 2024US$1.1tUS$474.2bUS$49.4b22.3x21.5x2.2x
Tue, 27 Aug 2024US$1.0tUS$474.2bUS$49.3b21.8x20.3x2.1x
Thu, 25 Jul 2024US$1.0tUS$476.7bUS$51.6b20.8x19.5x2.1x
Sat, 22 Jun 2024US$971.9bUS$476.9bUS$51.6b21.6x18.8x2x
Mon, 20 May 2024US$1.0tUS$477.4bUS$51.3b22.1x20.1x2.2x
Wed, 17 Apr 2024US$1.0tUS$478.1bUS$48.1b23.1x21.4x2.2x
Fri, 15 Mar 2024US$1.0tUS$477.2bUS$47.5b23.1x21.4x2.1x
Sun, 11 Feb 2024US$978.0bUS$476.7bUS$47.3b22.5x20.7x2.1x
Tue, 09 Jan 2024US$941.1bUS$485.5bUS$47.8b22x19.7x1.9x
Thu, 07 Dec 2023US$899.1bUS$483.9bUS$47.8b21x18.8x1.9x
Sat, 04 Nov 2023US$853.3bUS$484.2bUS$46.8b19.7x18.2x1.8x
Mon, 02 Oct 2023US$869.5bUS$475.1bUS$44.4b20.1x19.6x1.8x
Wed, 30 Aug 2023US$920.9bUS$475.1bUS$44.5b20.5x20.7x1.9x
Fri, 28 Jul 2023US$936.8bUS$463.1bUS$40.8b20.6x22.9x2x
Sun, 25 Jun 2023US$871.0bUS$460.9bUS$40.5b19.8x21.5x1.9x
Price to Earnings Ratio

21.5x


Total Market Cap: US$871.0bTotal Earnings: US$40.5bTotal Revenue: US$460.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Machinery Industry Price to Earnings3Y Average 23.7x202420252026
Current Industry PE
  • Investors are optimistic on the American Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 35.4x which is higher than its 3-year average PE of 23.7x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 3.5% per year over the last three years.
  • Revenues for these companies have grown 2.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market1.98%
Industrials5.19%
Machinery7.13%
Construction Machinery and Vehicles9.72%
Industrial Machinery5.19%
Agricultural Machinery4.40%
Industry PE
  • Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio of 20.4x.
    • Analysts are expecting annual earnings growth of 17.2%, which is higher than its past year's earnings decline of 5.5% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.4x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings decline of 15% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 16% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CAT CaterpillarUS$955.9211.7%
+US$45.9b		165.7%PE46.7x
CMI CumminsUS$717.7813.8%
+US$12.0b		127.9%PE37.1x
PH Parker-HannifinUS$945.978.0%
+US$8.9b		45.0%PE34.3x
DE DeereUS$588.475.1%
+US$7.7b		12.1%PE33.2x
ITW Illinois Tool WorksUS$262.114.8%
+US$3.4b		8.6%PE24.1x

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