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U.S. Machinery Industry Analysis

UpdatedOct 15, 2025
DataAggregated Company Financials
Companies188
  • 7D0.5%
  • 3M5.8%
  • 1Y11.5%
  • YTD14.5%

Over the last 7 days, the Machinery industry has dropped 2.8%, driven by a pullback from Deere of 2.9%. In contrast, Caterpillar has gained 8.4%. In the past year, the industry has gained 7.8%. Looking forward, 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
Wed, 15 Oct 2025US$1.2tUS$446.9bUS$44.9b23.8x25.7x2.6x
Fri, 12 Sep 2025US$1.1tUS$447.0bUS$44.2b24.6x25.6x2.5x
Sun, 10 Aug 2025US$1.1tUS$448.1bUS$44.3b23.1x25.3x2.5x
Tue, 08 Jul 2025US$1.1tUS$448.4bUS$44.6b23.8x25.1x2.5x
Thu, 05 Jun 2025US$1.0tUS$449.2bUS$44.5b23x23.5x2.3x
Sat, 03 May 2025US$970.8bUS$451.7bUS$46.7b21.8x20.8x2.1x
Mon, 31 Mar 2025US$993.7bUS$457.3bUS$48.2b20.3x20.6x2.2x
Wed, 26 Feb 2025US$1.1tUS$458.0bUS$47.9b23.2x22.2x2.3x
Fri, 24 Jan 2025US$1.1tUS$467.3bUS$47.9b23.9x23.3x2.4x
Sun, 22 Dec 2024US$1.1tUS$467.6bUS$47.9b22.6x22x2.3x
Tue, 19 Nov 2024US$1.1tUS$471.7bUS$49.0b24.2x22.4x2.3x
Thu, 17 Oct 2024US$1.1tUS$474.2bUS$49.4b21.9x21.7x2.3x
Sat, 14 Sep 2024US$984.3bUS$474.2bUS$49.4b21x19.9x2.1x
Mon, 12 Aug 2024US$954.0bUS$476.5bUS$50.1b21x19x2x
Wed, 10 Jul 2024US$948.7bUS$476.7bUS$51.6b19.8x18.4x2x
Fri, 07 Jun 2024US$978.5bUS$477.0bUS$51.3b22.4x19.1x2.1x
Sun, 05 May 2024US$998.5bUS$479.1bUS$51.7b22.5x19.3x2.1x
Tue, 02 Apr 2024US$1.1tUS$476.8bUS$47.9b24.1x22.2x2.2x
Thu, 29 Feb 2024US$989.5bUS$476.8bUS$47.5b24.2x20.8x2.1x
Sat, 27 Jan 2024US$963.0bUS$486.4bUS$48.3b22.8x19.9x2x
Mon, 25 Dec 2023US$964.5bUS$484.9bUS$47.8b22.8x20.2x2x
Wed, 22 Nov 2023US$880.7bUS$484.0bUS$47.5b20.4x18.5x1.8x
Fri, 20 Oct 2023US$843.0bUS$475.2bUS$44.4b19.2x19x1.8x
Sun, 17 Sep 2023US$895.3bUS$475.0bUS$44.4b20.5x20.2x1.9x
Tue, 15 Aug 2023US$935.2bUS$473.4bUS$43.5b20.5x21.5x2x
Thu, 13 Jul 2023US$930.8bUS$459.8bUS$40.2b20.9x23.2x2x
Sat, 10 Jun 2023US$856.9bUS$460.9bUS$40.5b19.8x21.2x1.9x
Mon, 08 May 2023US$821.9bUS$456.6bUS$40.0b18.9x20.5x1.8x
Wed, 05 Apr 2023US$814.7bUS$442.8bUS$37.4b21x21.8x1.8x
Fri, 03 Mar 2023US$873.6bUS$442.6bUS$38.0b23.1x23x2x
Sun, 29 Jan 2023US$865.3bUS$441.3bUS$36.9b23.3x23.4x2x
Tue, 27 Dec 2022US$815.9bUS$439.3bUS$35.9b20.3x22.7x1.9x
Thu, 24 Nov 2022US$840.7bUS$435.3bUS$34.8b21.8x24.2x1.9x
Sat, 22 Oct 2022US$734.1bUS$422.5bUS$35.5b19.1x20.7x1.7x
Price to Earnings Ratio

20.7x


Total Market Cap: US$734.1bTotal Earnings: US$35.5bTotal Revenue: US$422.5bTotal 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 8.1% 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-1.11%
Industrials-0.18%
Machinery0.48%
Construction Machinery and Vehicles3.77%
Industrial Machinery-0.81%
Agricultural Machinery-3.25%
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$527.478.4%
+US$19.1b		35.9%PE26.2x
SYM SymboticUS$73.647.6%
+US$581.1m		155.4%PS3.7x
RBC RBC BearingsUS$383.982.8%
+US$330.3m		34.9%PE48.9x
MVST Microvast HoldingsUS$5.2516.4%
+US$240.8m		2,347.6%PS4x
SXI Standex InternationalUS$230.007.8%
+US$201.9m		28.1%PE49.8x

Latest News

CMI
US$416.65
Cummins
7D
-4.0%
1Y
25.2%
RBC
US$383.98
RBC Bearings
7D
2.8%
1Y
34.9%
IR
US$77.24
Ingersoll Rand
7D
-5.1%
1Y
-23.3%
DE
US$447.95
Deere
7D
-2.9%
1Y
11.4%

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$248.09
Illinois Tool Works
7D
-3.0%
1Y
-5.1%
ESAB
US$120.34
ESAB
7D
2.5%
1Y
10.2%
OTIS
US$90.82
Otis Worldwide
7D
0.5%
1Y
-13.1%
CNH
US$10.26
CNH Industrial
7D
-6.4%
1Y
-6.4%

Advanced Connectivity And Emerging Markets Will Open Future Horizons

Analysts have modestly lowered their price target for CNH Industrial, trimming it by approximately $0.16 to $14.66. Recent research cites increased tariff headwinds for heavy equipment manufacturers and a more cautious outlook on sector earnings growth.
PH
US$736.48
Parker-Hannifin
7D
-1.9%
1Y
15.4%

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$527.47
Caterpillar
7D
8.4%
1Y
35.9%

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$73.64
Symbotic
7D
7.6%
1Y
155.4%

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.
MVST
US$5.25
Microvast Holdings
7D
16.4%
1Y
2,347.6%

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$67.02
Stanley Black & Decker
7D
-8.4%
1Y
-37.4%

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.
SXI
US$230.00
Standex International
7D
7.8%
1Y
28.1%
PCAR
US$95.11
PACCAR
7D
-1.6%
1Y
-10.6%
NDSN
US$233.37
Nordson
7D
1.1%
1Y
-9.3%