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U.S. Machinery Industry Analysis

UpdatedOct 14, 2025
DataAggregated Company Financials
Companies190
  • 7D-2.8%
  • 3M4.3%
  • 1Y7.8%
  • YTD11.8%

The Machinery industry is down 2.8% over the last week with Deere the worst performer, down 4.0%. This takes the industry's 12 month performance to a gain of 7.8%. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Oct 2025US$1.1tUS$446.9bUS$44.9b23.5x25.3x2.5x
Thu, 11 Sep 2025US$1.1tUS$447.0bUS$44.2b24.5x25.4x2.5x
Sat, 09 Aug 2025US$1.1tUS$447.6bUS$44.3b23.3x25.3x2.5x
Mon, 07 Jul 2025US$1.1tUS$448.4bUS$44.6b23.9x25.1x2.5x
Wed, 04 Jun 2025US$1.0tUS$449.2bUS$44.5b23.4x23.2x2.3x
Fri, 02 May 2025US$960.0bUS$453.8bUS$46.9b21.4x20.5x2.1x
Sun, 30 Mar 2025US$993.7bUS$457.3bUS$48.2b20.3x20.6x2.2x
Tue, 25 Feb 2025US$1.1tUS$458.0bUS$48.0b23.7x22.3x2.3x
Thu, 23 Jan 2025US$1.1tUS$467.3bUS$47.9b23.6x23.4x2.4x
Sat, 21 Dec 2024US$1.0tUS$467.6bUS$47.9b22.6x21.8x2.2x
Mon, 18 Nov 2024US$1.1tUS$471.7bUS$49.0b24.1x22.4x2.3x
Wed, 16 Oct 2024US$1.1tUS$474.2bUS$49.4b21.7x21.6x2.2x
Fri, 13 Sep 2024US$969.5bUS$474.2bUS$49.4b20.5x19.6x2x
Sun, 11 Aug 2024US$954.0bUS$476.5bUS$50.1b21x19x2x
Tue, 09 Jul 2024US$945.1bUS$476.9bUS$51.6b19.9x18.3x2x
Thu, 06 Jun 2024US$966.6bUS$477.1bUS$51.3b22.5x18.8x2x
Sat, 04 May 2024US$994.0bUS$479.1bUS$51.7b22.5x19.2x2.1x
Mon, 01 Apr 2024US$1.1tUS$476.8bUS$47.9b23.9x22.2x2.2x
Wed, 28 Feb 2024US$987.5bUS$476.8bUS$47.5b24.4x20.8x2.1x
Fri, 26 Jan 2024US$948.8bUS$486.4bUS$48.3b22.8x19.6x2x
Sun, 24 Dec 2023US$964.1bUS$484.9bUS$47.8b22.8x20.2x2x
Tue, 21 Nov 2023US$880.7bUS$484.0bUS$47.5b20.4x18.5x1.8x
Thu, 19 Oct 2023US$853.4bUS$475.2bUS$44.4b19.4x19.2x1.8x
Sat, 16 Sep 2023US$886.2bUS$475.0bUS$44.4b20.3x20x1.9x
Mon, 14 Aug 2023US$935.7bUS$473.4bUS$43.5b20.6x21.5x2x
Wed, 12 Jul 2023US$929.6bUS$459.8bUS$40.2b20.9x23.1x2x
Fri, 09 Jun 2023US$858.6bUS$460.9bUS$40.5b20x21.2x1.9x
Sun, 07 May 2023US$821.9bUS$456.6bUS$40.0b18.9x20.5x1.8x
Tue, 04 Apr 2023US$847.7bUS$442.8bUS$37.4b22x22.7x1.9x
Thu, 02 Mar 2023US$864.7bUS$442.6bUS$38.2b22.9x22.7x2x
Sat, 28 Jan 2023US$865.3bUS$441.3bUS$36.9b23.3x23.4x2x
Mon, 26 Dec 2022US$815.9bUS$439.3bUS$35.9b20.3x22.7x1.9x
Wed, 23 Nov 2022US$833.2bUS$435.3bUS$34.8b21.5x24x1.9x
Fri, 21 Oct 2022US$706.8bUS$422.3bUS$35.4b18.9x19.9x1.7x
Price to Earnings Ratio

19.9x


Total Market Cap: US$706.8bTotal Earnings: US$35.4bTotal Revenue: US$422.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Machinery Industry Price to Earnings3Y Average 21.6x202320242025
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 21.6x.
  • The 3-year average PS ratio of 2.1x 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 8.2% 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 Trends

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

US Market-1.32%
Industrials-2.20%
Machinery-2.81%
Construction Machinery and Vehicles-1.14%
Industrial Machinery-3.54%
Agricultural Machinery-4.46%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 30.2x.
    • Analysts are expecting annual earnings growth of 14.9%, which is higher than its past year's earnings decline of 3.2% 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 17.9x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 37% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 13% 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$504.761.9%
+US$4.4b		28.1%PE25.1x
SYM SymboticUS$70.513.9%
+US$297.2m		146.0%PS3.6x
MVST Microvast HoldingsUS$5.2413.4%
+US$201.7m		2,348.6%PS4x
RBC RBC BearingsUS$380.761.7%
+US$198.3m		35.7%PE48.5x
SXI Standex InternationalUS$225.884.5%
+US$118.2m		28.3%PE49x

Latest News

RBC
US$380.76
RBC Bearings
7D
1.7%
1Y
35.7%
CMI
US$409.00
Cummins
7D
-6.8%
1Y
20.9%

Data Centers And Electrification Will Unlock Future Opportunities

Analysts have increased their price target for Cummins by $7 to $432, citing anticipated revenue and margin growth potential from artificial intelligence demand as well as recent adjustments to earnings estimates. Analyst Commentary Analysts have recently provided updates on Cummins, highlighting both opportunities and potential risks facing the company as it navigates a changing market impacted by artificial intelligence and broader macro trends.
IR
US$76.10
Ingersoll Rand
7D
-8.8%
1Y
-25.7%
DE
US$439.11
Deere
7D
-4.0%
1Y
7.7%

Precision Agriculture And Automation Will Boost Global Reach

Deere's analyst price target has been modestly reduced to approximately $525 from $533. Analysts cite updated tariff headwinds, along with softening revenue growth and profit margin projections, in their revised outlooks.
ITW
US$244.46
Illinois Tool Works
7D
-5.5%
1Y
-6.5%
REVG
US$55.06
REV Group
7D
3.2%
1Y
97.6%
PH
US$728.66
Parker-Hannifin
7D
-4.6%
1Y
13.2%

Automation, Aerospace, And Electrification Will Redefine Industrial Resilience

Analysts have increased their price target for Parker-Hannifin from $787.86 to $797.00. This reflects a modestly improved outlook on anticipated revenue growth and future valuation metrics.
CAT
US$504.76
Caterpillar
7D
1.9%
1Y
28.1%

Global Infrastructure Expansion Will Drive Equipment Renewal Cycle

Analysts have modestly increased their fair value estimate for Caterpillar to approximately $468. They cite stronger-than-expected operating margins, resilience against tariff pressures, and continued robust demand as supporting factors.
SYM
US$70.51
Symbotic
7D
3.9%
1Y
146.0%

E-commerce Adoption Will Accelerate Global Warehouse Automation

Analysts have modestly raised Symbotic's fair value estimate from $49.13 to $50.13 per share. They cite positive developments in system efficiency and new deployment rollouts, despite some concerns about valuation and growth pace.
WAB
US$193.54
Westinghouse Air Brake Technologies
7D
-3.8%
1Y
2.7%
BLBD
US$55.20
Blue Bird
7D
4.0%
1Y
22.8%

Blue Bird Corporation (NASDAQ:BLBD) Shares Could Be 43% Below Their Intrinsic Value Estimate

Oct 05
Blue Bird Corporation (NASDAQ:BLBD) Shares Could Be 43% Below Their Intrinsic Value Estimate
MVST
US$5.24
Microvast Holdings
7D
13.4%
1Y
2,348.6%

After Leaping 77% Microvast Holdings, Inc. (NASDAQ:MVST) Shares Are Not Flying Under The Radar

Oct 04
After Leaping 77% Microvast Holdings, Inc. (NASDAQ:MVST) Shares Are Not Flying Under The Radar
SWK
US$64.49
Stanley Black & Decker
7D
-13.3%
1Y
-40.8%

Global Urbanization And Digital Tools Will Drive Future Demand

Analysts have slightly raised their price target for Stanley Black & Decker, moving it from $86.74 to $87.82. This reflects modest adjustments to revenue expectations and valuation multiples.
ESE
US$212.67
ESCO Technologies
7D
1.6%
1Y
70.6%
SXI
US$225.88
Standex International
7D
4.5%
1Y
28.3%
PCAR
US$93.23
PACCAR
7D
-5.4%
1Y
-13.9%