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U.S. Machinery Industry Analysis

UpdatedAug 10, 2025
DataAggregated Company Financials
Companies190
  • 7D1.1%
  • 3M7.3%
  • 1Y18.8%
  • YTD9.3%

Over the last 7 days, the Machinery industry has risen 1.0%, driven by gains from Cummins of 8.8%. This means that the industry has gained 19% over the past year. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 10 Aug 2025US$1.1tUS$448.1bUS$44.3b23.1x25.3x2.5x
Tue, 08 Jul 2025US$1.1tUS$448.4bUS$44.6b23.8x25.1x2.5x
Thu, 05 Jun 2025US$1.0tUS$449.2bUS$44.5b23x23.5x2.3x
Sat, 03 May 2025US$970.8bUS$451.7bUS$46.7b21.8x20.8x2.1x
Mon, 31 Mar 2025US$993.7bUS$457.3bUS$48.2b20.3x20.6x2.2x
Wed, 26 Feb 2025US$1.1tUS$458.0bUS$47.9b23.2x22.2x2.3x
Fri, 24 Jan 2025US$1.1tUS$467.3bUS$47.9b23.9x23.3x2.4x
Sun, 22 Dec 2024US$1.1tUS$467.6bUS$47.9b22.6x22x2.3x
Tue, 19 Nov 2024US$1.1tUS$471.7bUS$49.0b24.2x22.4x2.3x
Thu, 17 Oct 2024US$1.1tUS$474.2bUS$49.4b21.9x21.7x2.3x
Sat, 14 Sep 2024US$984.3bUS$474.2bUS$49.4b21x19.9x2.1x
Mon, 12 Aug 2024US$954.0bUS$476.5bUS$50.1b21x19x2x
Wed, 10 Jul 2024US$948.7bUS$476.7bUS$51.6b19.8x18.4x2x
Fri, 07 Jun 2024US$978.5bUS$477.0bUS$51.3b22.4x19.1x2.1x
Sun, 05 May 2024US$998.5bUS$479.1bUS$51.7b22.5x19.3x2.1x
Tue, 02 Apr 2024US$1.1tUS$476.8bUS$47.9b24.1x22.2x2.2x
Thu, 29 Feb 2024US$989.5bUS$476.8bUS$47.5b24.2x20.8x2.1x
Sat, 27 Jan 2024US$963.0bUS$486.4bUS$48.3b22.8x19.9x2x
Mon, 25 Dec 2023US$964.5bUS$484.9bUS$47.8b22.8x20.2x2x
Wed, 22 Nov 2023US$880.7bUS$484.0bUS$47.5b20.4x18.5x1.8x
Fri, 20 Oct 2023US$843.0bUS$475.2bUS$44.4b19.2x19x1.8x
Sun, 17 Sep 2023US$895.3bUS$475.0bUS$44.4b20.5x20.2x1.9x
Tue, 15 Aug 2023US$935.2bUS$473.4bUS$43.5b20.5x21.5x2x
Thu, 13 Jul 2023US$930.8bUS$459.8bUS$40.2b20.9x23.2x2x
Sat, 10 Jun 2023US$856.9bUS$460.9bUS$40.5b19.8x21.2x1.9x
Mon, 08 May 2023US$821.9bUS$456.6bUS$40.0b18.9x20.5x1.8x
Wed, 05 Apr 2023US$814.7bUS$442.8bUS$37.4b21x21.8x1.8x
Fri, 03 Mar 2023US$873.6bUS$442.6bUS$38.0b23.1x23x2x
Sun, 29 Jan 2023US$865.3bUS$441.3bUS$36.9b23.3x23.4x2x
Tue, 27 Dec 2022US$815.9bUS$439.3bUS$35.9b20.3x22.7x1.9x
Thu, 24 Nov 2022US$840.7bUS$435.3bUS$34.8b21.8x24.2x1.9x
Sat, 22 Oct 2022US$734.1bUS$422.5bUS$35.5b19.1x20.7x1.7x
Mon, 19 Sep 2022US$711.9bUS$421.8bUS$35.2b19.1x20.2x1.7x
Wed, 17 Aug 2022US$797.2bUS$419.0bUS$35.2b22.5x22.7x1.9x
Price to Earnings Ratio

22.7x


Total Market Cap: US$797.2bTotal Earnings: US$35.2bTotal Revenue: US$419.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Machinery Industry Price to Earnings3Y Average 21.3x202320242025
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 25.3x which is higher than its 3-year average PE of 21.3x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 8.0% per year over the last three years.
  • Revenues for these companies have grown 2.2% 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 Market2.39%
Industrials1.16%
Machinery1.06%
Agricultural Machinery1.38%
Industrial Machinery1.38%
Construction Machinery and Vehicles0.44%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 29.9x.
    • Analysts are expecting annual earnings growth of 14.9%, which is higher than its past year's earnings decline of 3.1% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.7x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 3.1% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 12% 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
CMI CumminsUS$387.038.8%
+US$4.3b		31.7%PE18.1x
DE DeereUS$510.371.9%
+US$2.5b		47.5%PE24.5x
PH Parker-HannifinUS$727.742.2%
+US$2.0b		27.7%PE26.3x
ITW Illinois Tool WorksUS$256.991.9%
+US$1.4b		7.4%PE22.3x
OTIS Otis WorldwideUS$87.473.0%
+US$996.9m		-6.3%PE22.7x

Latest News

AGCO
US$109.60
AGCO
7D
-3.5%
1Y
25.3%
PH
US$727.74
Parker-Hannifin
7D
2.2%
1Y
27.7%
KMT
US$20.25
Kennametal
7D
-16.9%
1Y
-17.9%

Earnings Miss: Kennametal Inc. Missed EPS By 8.6% And Analysts Are Revising Their Forecasts

Aug 09
Earnings Miss: Kennametal Inc. Missed EPS By 8.6% And Analysts Are Revising Their Forecasts
CAT
US$416.52
Caterpillar
7D
-2.8%
1Y
23.1%
KRNT
US$15.09
Kornit Digital
7D
-19.1%
1Y
-10.9%

Kornit Digital Ltd. (NASDAQ:KRNT) Just Reported, And Analysts Assigned A US$25.92 Price Target

Aug 08
Kornit Digital Ltd. (NASDAQ:KRNT) Just Reported, And Analysts Assigned A US$25.92 Price Target
WAB
US$191.42
Westinghouse Air Brake Technologies
7D
2.4%
1Y
23.4%
ESAB
US$111.13
ESAB
7D
-14.8%
1Y
17.4%
MIDD
US$119.71
Middleby
7D
-15.5%
1Y
-11.9%
SYM
US$55.61
Symbotic
7D
9.4%
1Y
153.9%
ITW
US$256.99
Illinois Tool Works
7D
1.9%
1Y
7.4%

Illinois Tool Works (NYSE:ITW) Is Increasing Its Dividend To $1.61

Aug 07
Illinois Tool Works (NYSE:ITW) Is Increasing Its Dividend To $1.61
DOV
US$173.52
Dover
7D
-0.8%
1Y
-1.5%
CMI
US$387.03
Cummins
7D
8.8%
1Y
31.7%
MLI
US$89.08
Mueller Industries
7D
6.9%
1Y
30.8%
DE
US$510.37
Deere
7D
1.9%
1Y
47.5%
FLS
US$52.14
Flowserve
7D
-3.2%
1Y
14.5%
OTIS
US$87.47
Otis Worldwide
7D
3.0%
1Y
-6.3%