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U.S. Machinery Industry Analysis

UpdatedMay 18, 2025
DataAggregated Company Financials
Companies181
  • 7D6.7%
  • 3M-1.1%
  • 1Y5.0%
  • YTD4.3%

Over the last 7 days, the Machinery industry has risen 6.7%, driven by gains from Caterpillar of 8.6%. Meanwhile, 3D Systems actually underperformed within the industry, shrinking 27% in the last week. This means that the industry has gained 5.0% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Tue, 23 May 2023US$810.1bUS$460.8bUS$40.4b18.5x20x1.8x
Thu, 20 Apr 2023US$824.5bUS$444.6bUS$38.3b20x21.5x1.9x
Sat, 18 Mar 2023US$787.5bUS$442.8bUS$38.0b21x20.7x1.8x
Mon, 13 Feb 2023US$867.0bUS$438.1bUS$37.2b23.1x23.3x2x
Wed, 11 Jan 2023US$846.1bUS$439.6bUS$35.9b22.4x23.6x1.9x
Fri, 09 Dec 2022US$825.9bUS$439.7bUS$35.8b21x23.1x1.9x
Sun, 06 Nov 2022US$794.7bUS$433.1bUS$36.1b20.5x22x1.8x
Tue, 04 Oct 2022US$690.6bUS$422.4bUS$35.4b18.6x19.5x1.6x
Thu, 01 Sep 2022US$729.9bUS$421.5bUS$35.3b20x20.7x1.7x
Sat, 30 Jul 2022US$762.8bUS$414.2bUS$35.3b22.5x21.6x1.8x
Mon, 27 Jun 2022US$694.1bUS$410.3bUS$35.4b21.7x19.6x1.7x
Wed, 25 May 2022US$725.2bUS$409.5bUS$35.6b20.9x20.4x1.8x
Price to Earnings Ratio

20.4x


Total Market Cap: US$725.2bTotal Earnings: US$35.6bTotal Revenue: US$409.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Machinery Industry Price to Earnings3Y Average 21x202320242025
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 23.7x which is higher than its 3-year average PE of 21.0x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 7.8% per year over the last three years.
  • Revenues for these companies have grown 3.1% 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 Market5.34%
Industrials5.63%
Machinery6.74%
Construction Machinery and Vehicles8.21%
Agricultural Machinery7.81%
Industrial Machinery5.51%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 29.5x.
    • Analysts are expecting annual earnings growth of 14.1%, which is higher than its past year's earnings growth of 0.4% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading close to its 3-year average of 17.8x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings decline of 1.7% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 7.8% 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$353.588.6%
+US$13.2b
-0.8%PE16.7x
DE DeereUS$531.487.9%
+US$10.6b
33.9%PE25.5x
PH Parker-HannifinUS$680.405.1%
+US$4.2b
24.8%PE25.6x
CMI CumminsUS$334.489.1%
+US$3.8b
17.1%PE16.6x
PCAR PACCARUS$96.716.7%
+US$3.2b
-8.8%PE14.6x
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Latest News

SCWO

US$0.31

374Water

7D

-9.9%

1Y

-77.3%

CMI

US$334.48

Cummins

7D

9.1%

1Y

17.1%

WAB

US$205.69

Westinghouse Air Brake Technologies

7D

6.8%

1Y

22.2%

DE

US$531.48

Deere

7D

7.9%

1Y

33.9%

ZJK

US$4.70

ZJK Industrial

7D

-2.7%

1Y

n/a

XOS

US$3.55

Xos

7D

-7.1%

1Y

-58.0%

HYFM

US$3.50

Hydrofarm Holdings Group

7D

-10.5%

1Y

-57.8%

AIRJ

US$4.42

AirJoule Technologies

7D

-6.8%

1Y

-66.7%

DDD

US$1.72

3D Systems

7D

-27.4%

1Y

-53.1%

MCRP

US$2.18

Micropolis Holding

7D

-26.8%

1Y

n/a

ITW

US$251.34

Illinois Tool Works

7D

3.6%

1Y

0.3%

PCAR

US$96.71

PACCAR

7D

6.7%

1Y

-8.8%

NNDM

US$1.56

Nano Dimension

7D

-4.3%

1Y

-42.4%