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U.S. Machinery Industry Analysis

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies191
  • 7D1.0%
  • 3M5.5%
  • 1Y16.8%
  • YTD10.2%

The Machinery is pretty flat in the last 7 days, but Cummins has stood out, gaining 5.2%. As for the the longer term, the industry is up 17% over the past 12 months. 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
Fri, 15 Aug 2025US$1.2tUS$446.8bUS$44.2b23.9x26.1x2.6x
Sun, 13 Jul 2025US$1.1tUS$449.5bUS$44.6b23.9x24.6x2.4x
Tue, 10 Jun 2025US$1.1tUS$449.1bUS$44.5b23.2x23.7x2.4x
Thu, 08 May 2025US$976.6bUS$451.6bUS$45.2b21.7x21.6x2.2x
Sat, 05 Apr 2025US$934.6bUS$457.1bUS$48.6b18.6x19.2x2x
Mon, 03 Mar 2025US$1.1tUS$458.2bUS$48.0b22.2x22.3x2.3x
Wed, 29 Jan 2025US$1.1tUS$464.4bUS$47.4b23.3x23.5x2.4x
Fri, 27 Dec 2024US$1.1tUS$467.6bUS$47.9b22.7x22.1x2.3x
Sun, 24 Nov 2024US$1.1tUS$467.5bUS$48.0b25x23.9x2.4x
Tue, 22 Oct 2024US$1.1tUS$474.2bUS$49.4b21.7x21.8x2.3x
Thu, 19 Sep 2024US$1.0tUS$474.2bUS$49.6b21.2x20.4x2.1x
Sat, 17 Aug 2024US$978.8bUS$474.2bUS$49.0b21.3x20x2.1x
Mon, 15 Jul 2024US$986.5bUS$476.7bUS$51.6b20.9x19.1x2.1x
Wed, 12 Jun 2024US$970.8bUS$477.0bUS$51.3b22.4x18.9x2x
Fri, 10 May 2024US$1.0tUS$479.5bUS$51.8b22.1x19.8x2.1x
Sun, 07 Apr 2024US$1.1tUS$478.2bUS$48.1b23.8x22.2x2.2x
Tue, 05 Mar 2024US$1.0tUS$477.3bUS$47.3b24.6x21.2x2.1x
Thu, 01 Feb 2024US$977.3bUS$485.4bUS$48.3b22.2x20.3x2x
Sat, 30 Dec 2023US$973.3bUS$485.0bUS$47.8b22.8x20.3x2x
Mon, 27 Nov 2023US$883.5bUS$484.0bUS$47.7b20.4x18.5x1.8x
Wed, 25 Oct 2023US$827.0bUS$475.2bUS$44.4b18.6x18.6x1.7x
Fri, 22 Sep 2023US$868.4bUS$475.0bUS$44.4b20x19.6x1.8x
Sun, 20 Aug 2023US$897.2bUS$413.7bUS$34.5b19.9x26x2.2x
Tue, 18 Jul 2023US$928.6bUS$459.8bUS$40.2b20.7x23.1x2x
Thu, 15 Jun 2023US$883.9bUS$460.9bUS$40.5b20.2x21.8x1.9x
Sat, 13 May 2023US$804.2bUS$456.5bUS$39.8b18.2x20.2x1.8x
Mon, 10 Apr 2023US$788.8bUS$444.2bUS$38.3b20.1x20.6x1.8x
Wed, 08 Mar 2023US$869.6bUS$442.7bUS$38.0b22.7x22.9x2x
Fri, 03 Feb 2023US$876.7bUS$445.9bUS$36.7b25x23.9x2x
Sun, 01 Jan 2023US$816.9bUS$439.3bUS$35.9b20.3x22.8x1.9x
Tue, 29 Nov 2022US$827.9bUS$439.5bUS$35.7b21x23.2x1.9x
Thu, 27 Oct 2022US$759.5bUS$425.6bUS$35.9b20.1x21.2x1.8x
Sat, 24 Sep 2022US$673.5bUS$421.8bUS$35.2b18.4x19.1x1.6x
Mon, 22 Aug 2022US$780.4bUS$421.5bUS$35.3b21.8x22.1x1.9x
Price to Earnings Ratio

22.1x


Total Market Cap: US$780.4bTotal 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 26.1x 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 2.6x.
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 Market1.65%
Industrials0.40%
Machinery0.98%
Industrial Machinery2.06%
Construction Machinery and Vehicles1.90%
Agricultural Machinery-4.30%
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 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 Agricultural Machinery industry, expecting annual earnings growth of 17% 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$404.805.2%
+US$2.8b		35.0%PE19x
PH Parker-HannifinUS$745.342.8%
+US$2.6b		26.1%PE27x
ITW Illinois Tool WorksUS$262.492.2%
+US$1.7b		9.3%PE22.7x
IR Ingersoll RandUS$80.205.1%
+US$1.6b		-13.0%PE61x
PCAR PACCARUS$99.693.0%
+US$1.5b		4.9%PE17x

Latest News

XYL
US$141.84
Xylem
7D
-1.1%
1Y
6.5%
SPXC
US$186.56
SPX Technologies
7D
-8.7%
1Y
21.8%

SPX Technologies: A Near-Term Top Might Have Been Set

Aug 15
CMI
US$404.80
Cummins
7D
5.2%
1Y
35.0%
DE
US$478.84
Deere
7D
-5.5%
1Y
28.3%
SSYS
US$9.22
Stratasys
7D
-13.7%
1Y
22.0%
PH
US$745.34
Parker-Hannifin
7D
2.8%
1Y
26.1%
DOV
US$179.40
Dover
7D
3.1%
1Y
0.2%
IR
US$80.20
Ingersoll Rand
7D
5.1%
1Y
-13.0%

Ingersoll Rand's (NYSE:IR) Conservative Accounting Might Explain Soft Earnings

Aug 08
Ingersoll Rand's (NYSE:IR) Conservative Accounting Might Explain Soft Earnings
PCAR
US$99.69
PACCAR
7D
3.0%
1Y
4.9%
ESAB
US$111.68
ESAB
7D
-3.6%
1Y
12.2%
SYM
US$52.73
Symbotic
7D
-2.7%
1Y
146.5%
ITW
US$262.49
Illinois Tool Works
7D
2.2%
1Y
9.3%

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
CR
US$190.98
Crane
7D
-1.9%
1Y
26.4%
SWK
US$74.42
Stanley Black & Decker
7D
8.3%
1Y
-23.1%
PNR
US$106.63
Pentair
7D
4.5%
1Y
25.8%
CNH
US$12.15
CNH Industrial
7D
-2.3%
1Y
21.3%