Header cover image

U.S. Machinery Industry Analysis

UpdatedMay 12, 2025
DataAggregated Company Financials
Companies184
  • 7D2.0%
  • 3M-8.0%
  • 1Y-0.8%
  • YTD-2.3%

Parker-Hannifin is up 5.0%, leading the way for the Machinery industry, which has gained 2.0%. During this same period, the Mueller Water Products underperformed, falling 9.4%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 May 2025US$993.4bUS$451.6bUS$45.3b22.1x21.9x2.2x
Wed, 09 Apr 2025US$876.8bUS$457.0bUS$48.6b17.9x18x1.9x
Fri, 07 Mar 2025US$1.0tUS$458.0bUS$47.9b21.6x21.7x2.3x
Sun, 02 Feb 2025US$1.1tUS$462.7bUS$47.6b23.5x23.4x2.4x
Tue, 31 Dec 2024US$1.1tUS$467.6bUS$47.9b22.4x22x2.2x
Thu, 28 Nov 2024US$1.2tUS$467.6bUS$47.8b25.3x24.2x2.5x
Sat, 26 Oct 2024US$1.1tUS$473.9bUS$49.0b21.3x21.6x2.2x
Mon, 23 Sep 2024US$1.0tUS$474.2bUS$49.4b21.4x20.9x2.2x
Wed, 21 Aug 2024US$983.7bUS$474.2bUS$49.0b21.2x20.1x2.1x
Fri, 19 Jul 2024US$1.0tUS$476.7bUS$51.6b21.2x19.9x2.2x
Sun, 16 Jun 2024US$957.8bUS$477.0bUS$51.3b21.7x18.7x2x
Tue, 14 May 2024US$1.0tUS$479.5bUS$51.8b21.9x19.9x2.1x
Thu, 11 Apr 2024US$1.1tUS$478.1bUS$48.1b23.7x22.2x2.2x
Sat, 09 Mar 2024US$1.0tUS$477.2bUS$47.5b24.2x21.2x2.1x
Mon, 05 Feb 2024US$993.6bUS$485.3bUS$48.3b23.1x20.6x2x
Wed, 03 Jan 2024US$962.4bUS$485.5bUS$47.8b22.4x20.1x2x
Fri, 01 Dec 2023US$880.1bUS$483.9bUS$47.8b20.5x18.4x1.8x
Sun, 29 Oct 2023US$811.5bUS$478.5bUS$45.4b18.3x17.9x1.7x
Tue, 26 Sep 2023US$873.8bUS$475.1bUS$44.4b20x19.7x1.8x
Thu, 24 Aug 2023US$904.3bUS$475.1bUS$44.5b19.9x20.3x1.9x
Sat, 22 Jul 2023US$943.6bUS$459.8bUS$40.2b20.5x23.5x2.1x
Mon, 19 Jun 2023US$896.1bUS$460.9bUS$40.5b20.1x22.2x1.9x
Wed, 17 May 2023US$793.1bUS$456.7bUS$39.7b18.1x20x1.7x
Fri, 14 Apr 2023US$820.4bUS$444.6bUS$38.3b20.7x21.4x1.8x
Sun, 12 Mar 2023US$825.4bUS$443.0bUS$38.0b21.9x21.7x1.9x
Tue, 07 Feb 2023US$874.3bUS$434.6bUS$36.8b23.9x23.8x2x
Thu, 05 Jan 2023US$818.6bUS$439.3bUS$35.9b20.7x22.8x1.9x
Sat, 03 Dec 2022US$846.3bUS$439.7bUS$35.8b21.4x23.7x1.9x
Mon, 31 Oct 2022US$790.6bUS$429.6bUS$36.3b20.9x21.8x1.8x
Wed, 28 Sep 2022US$666.2bUS$421.8bUS$35.2b18.2x18.9x1.6x
Fri, 26 Aug 2022US$772.2bUS$421.5bUS$35.3b21.6x21.9x1.8x
Sun, 24 Jul 2022US$708.4bUS$411.0bUS$35.5b21.1x20x1.7x
Tue, 21 Jun 2022US$675.0bUS$409.9bUS$35.5b20.6x19x1.6x
Thu, 19 May 2022US$760.9bUS$408.1bUS$35.3b21.4x21.6x1.9x
Price to Earnings Ratio

21.6x


Total Market Cap: US$760.9bTotal Earnings: US$35.3bTotal Revenue: US$408.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Machinery Industry Price to Earnings3Y Average 21x202320242025
Current Industry PE
  • Investors are relatively neutral on the American 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 21.0x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 8.7% per year over the last three years.
  • Revenues for these companies have grown 3.4% 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 Market0.30%
Industrials1.30%
Machinery1.99%
Agricultural Machinery2.51%
Industrial Machinery2.35%
Construction Machinery and Vehicles1.14%
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 12.5%, which is higher than its past year's earnings growth of 1.7% 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 Industrial Machinery industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings growth rate of 1.7% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 7.7% 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
PH Parker-HannifinUS$647.595.0%
+US$3.4b
17.5%PE24.4x
DE DeereUS$492.602.3%
+US$3.1b
20.7%PE21.5x
CAT CaterpillarUS$325.620.8%
+US$1.2b
-8.7%PE15.4x
FTV FortiveUS$70.524.3%
+US$995.9m
-8.2%PE30.1x
IR Ingersoll RandUS$79.323.1%
+US$956.2m
-12.7%PE38.9x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

FSTR

US$18.09

L.B. Foster

7D

-11.7%

1Y

-37.2%

SXI

US$153.78

Standex International

7D

-2.9%

1Y

-12.2%

MLI

US$74.99

Mueller Industries

7D

-0.2%

1Y

28.7%

OTIS

US$97.00

Otis Worldwide

7D

-0.4%

1Y

0.4%

FELE

US$86.92

Franklin Electric

7D

-0.9%

1Y

-14.7%

WTS

US$236.50

Watts Water Technologies

7D

10.7%

1Y

10.7%

BLBD

US$37.94

Blue Bird

7D

-0.9%

1Y

-22.2%

MWA

US$24.50

Mueller Water Products

7D

-9.4%

1Y

28.0%

CMI

US$306.71

Cummins

7D

1.5%

1Y

5.2%

PCAR

US$90.66

PACCAR

7D

1.4%

1Y

-15.2%

FTV

US$70.52

Fortive

7D

4.3%

1Y

-8.2%