Header cover image

U.S. Machinery Industry Analysis

UpdatedAug 18, 2025
DataAggregated Company Financials
Companies189
  • 7D0.3%
  • 3M5.3%
  • 1Y15.1%
  • YTD9.1%

Over the last 7 days, the Machinery industry has remained flat, although notably Deere declined by 3.6%. The past year has been better, since the industry has gained 15% in that time. 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
Mon, 18 Aug 2025US$1.1tUS$446.8bUS$44.2b23.7x25.3x2.5x
Wed, 16 Jul 2025US$1.1tUS$449.5bUS$44.6b23x24.9x2.5x
Fri, 13 Jun 2025US$1.1tUS$449.2bUS$44.5b23.2x23.9x2.4x
Sun, 11 May 2025US$1.0tUS$451.6bUS$45.3b22.1x22.2x2.2x
Tue, 08 Apr 2025US$886.3bUS$457.1bUS$48.6b18.3x18.2x1.9x
Thu, 06 Mar 2025US$1.0tUS$458.1bUS$47.9b21.4x21.2x2.2x
Sat, 01 Feb 2025US$1.1tUS$462.7bUS$47.6b23.5x23.5x2.4x
Mon, 30 Dec 2024US$1.1tUS$467.6bUS$47.9b22.6x22x2.2x
Wed, 27 Nov 2024US$1.1tUS$467.7bUS$48.0b25.3x23.8x2.4x
Fri, 25 Oct 2024US$1.1tUS$473.3bUS$48.9b21.3x21.6x2.2x
Sun, 22 Sep 2024US$1.0tUS$474.2bUS$49.4b21.4x20.9x2.2x
Tue, 20 Aug 2024US$978.5bUS$474.2bUS$49.0b21.3x20x2.1x
Thu, 18 Jul 2024US$1.0tUS$476.7bUS$51.6b21.7x20.1x2.2x
Sat, 15 Jun 2024US$976.3bUS$477.0bUS$51.3b21.7x19x2x
Mon, 13 May 2024US$1.0tUS$479.5bUS$51.8b22.2x20x2.2x
Wed, 10 Apr 2024US$1.1tUS$478.1bUS$48.1b23.9x22.2x2.2x
Fri, 08 Mar 2024US$1.0tUS$477.2bUS$47.5b24x21.3x2.1x
Sun, 04 Feb 2024US$991.8bUS$485.3bUS$48.3b23.1x20.6x2x
Tue, 02 Jan 2024US$969.0bUS$484.8bUS$47.9b22.8x20.2x2x
Thu, 30 Nov 2023US$874.5bUS$483.9bUS$47.8b20.3x18.3x1.8x
Sat, 28 Oct 2023US$811.5bUS$478.5bUS$45.4b18.3x17.9x1.7x
Mon, 25 Sep 2023US$868.8bUS$475.0bUS$44.4b19.8x19.6x1.8x
Wed, 23 Aug 2023US$891.1bUS$475.1bUS$44.5b19.7x20x1.9x
Fri, 21 Jul 2023US$951.0bUS$459.9bUS$40.2b20.7x23.6x2.1x
Sun, 18 Jun 2023US$894.8bUS$460.9bUS$40.5b20.1x22.1x1.9x
Tue, 16 May 2023US$807.1bUS$456.7bUS$39.7b18.4x20.3x1.8x
Thu, 13 Apr 2023US$819.9bUS$444.6bUS$38.3b20.7x21.4x1.8x
Sat, 11 Mar 2023US$825.4bUS$443.0bUS$38.0b21.9x21.7x1.9x
Mon, 06 Feb 2023US$878.4bUS$434.6bUS$36.8b24.1x23.9x2x
Wed, 04 Jan 2023US$813.2bUS$439.3bUS$35.9b20.5x22.7x1.9x
Fri, 02 Dec 2022US$842.5bUS$439.7bUS$35.8b21.5x23.6x1.9x
Sun, 30 Oct 2022US$790.6bUS$429.6bUS$36.3b20.9x21.8x1.8x
Tue, 27 Sep 2022US$667.7bUS$421.8bUS$35.2b18.1x19x1.6x
Thu, 25 Aug 2022US$768.2bUS$421.5bUS$35.3b21.3x21.7x1.8x
Price to Earnings Ratio

21.7x


Total Market Cap: US$768.2bTotal Earnings: US$35.3bTotal Revenue: US$421.5bTotal 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 7.8% 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 Market1.29%
Industrials0.17%
Machinery0.30%
Industrial Machinery1.10%
Construction Machinery and Vehicles0.51%
Agricultural Machinery-2.76%
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 15.0%, which is higher than its past year's earnings decline of 1.6% 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 Agricultural Machinery industry, expecting annual earnings growth of 16% 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 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$399.422.9%
+US$1.5b
32.6%PE18.7x
SWK Stanley Black & DeckerUS$74.067.6%
+US$808.0m
-23.9%PE24x
IR Ingersoll RandUS$78.322.4%
+US$743.2m
-13.9%PE59.6x
MIDD MiddlebyUS$132.6110.5%
+US$639.6m
-5.2%PE15.8x
PCAR PACCARUS$98.221.1%
+US$561.9m
2.3%PE16.8x

Latest News