U.S. Marine Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies35
- 7D-2.6%
- 3M6.0%
- 1Y38.0%
- YTDn/a
Over the last 7 days, the Marine industry has dropped 2.6%, driven by a pullback from Kirby of 3.5%. This takes the industry's 12 month performance to a gain of 38%. Earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the U.S. Marine Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | US$28.8b | US$21.4b | US$606.3m | 7.8x | 47.5x | 1.3x |
| Sun, 23 Jun 2024 | US$29.7b | US$21.4b | US$604.0m | 8.2x | 49.1x | 1.4x |
| Tue, 21 May 2024 | US$29.3b | US$21.1b | US$374.3m | 8.1x | 78.4x | 1.4x |
| Thu, 18 Apr 2024 | US$24.5b | US$20.7b | US$304.0m | 7.6x | 80.5x | 1.2x |
| Sat, 16 Mar 2024 | US$24.0b | US$21.1b | US$315.3m | 9.7x | 76.1x | 1.1x |
| Mon, 12 Feb 2024 | US$23.6b | US$22.3b | US$994.0m | 5.1x | 23.8x | 1.1x |
| Wed, 10 Jan 2024 | US$22.2b | US$22.3b | US$1.0b | 5.6x | 21.5x | 1x |
| Fri, 08 Dec 2023 | US$19.3b | US$22.3b | US$1.0b | 5x | 18.5x | 0.9x |
| Sun, 05 Nov 2023 | US$19.0b | US$24.7b | US$4.8b | 3.2x | 4x | 0.8x |
| Tue, 03 Oct 2023 | US$19.9b | US$24.9b | US$5.2b | 3.3x | 3.8x | 0.8x |
| Thu, 31 Aug 2023 | US$19.9b | US$25.0b | US$5.3b | 2.6x | 3.8x | 0.8x |
| Sat, 29 Jul 2023 | US$20.6b | US$28.1b | US$7.4b | 2.9x | 2.8x | 0.7x |
| Mon, 26 Jun 2023 | US$19.4b | US$27.9b | US$7.5b | 2.6x | 2.6x | 0.7x |
| Wed, 24 May 2023 | US$19.4b | US$27.9b | US$7.5b | 2.7x | 2.6x | 0.7x |
| Fri, 21 Apr 2023 | US$21.0b | US$31.0b | US$10.1b | 2.6x | 2.1x | 0.7x |
| Sun, 19 Mar 2023 | US$20.1b | US$31.3b | US$10.2b | 2.3x | 2x | 0.6x |
| Tue, 14 Feb 2023 | US$22.0b | US$33.5b | US$12.4b | 2.5x | 1.8x | 0.7x |
| Thu, 12 Jan 2023 | US$19.7b | US$33.2b | US$12.3b | 2.2x | 1.6x | 0.6x |
| Sat, 10 Dec 2022 | US$19.5b | US$33.2b | US$12.3b | 2.2x | 1.6x | 0.6x |
| Mon, 07 Nov 2022 | US$21.3b | US$32.3b | US$12.7b | 2.2x | 1.7x | 0.7x |
| Wed, 05 Oct 2022 | US$20.6b | US$32.1b | US$12.5b | 2x | 1.7x | 0.6x |
| Fri, 02 Sep 2022 | US$23.1b | US$32.1b | US$12.5b | 2x | 1.9x | 0.7x |
| Sun, 31 Jul 2022 | US$27.2b | US$30.0b | US$11.7b | 2.8x | 2.3x | 0.9x |
| Tue, 28 Jun 2022 | US$26.3b | US$29.5b | US$11.6b | 2.8x | 2.3x | 0.9x |
| Thu, 26 May 2022 | US$32.7b | US$29.3b | US$11.5b | 3.5x | 2.9x | 1.1x |
| Sat, 23 Apr 2022 | US$33.1b | US$27.3b | US$10.1b | 4.3x | 3.3x | 1.2x |
| Mon, 21 Mar 2022 | US$39.4b | US$27.5b | US$10.0b | 4.6x | 3.9x | 1.4x |
| Wed, 16 Feb 2022 | US$35.2b | US$23.4b | US$6.5b | 6.6x | 5.4x | 1.5x |
| Fri, 14 Jan 2022 | US$31.3b | US$23.1b | US$6.3b | 5.9x | 5x | 1.4x |
| Sun, 12 Dec 2021 | US$28.7b | US$23.1b | US$6.3b | 5.5x | 4.6x | 1.2x |
| Tue, 09 Nov 2021 | US$29.4b | US$19.9b | US$4.1b | 7.8x | 7.3x | 1.5x |
| Thu, 07 Oct 2021 | US$29.6b | US$19.0b | US$3.8b | 11.7x | 7.8x | 1.6x |
| Sat, 04 Sep 2021 | US$31.9b | US$19.4b | US$3.5b | 11.8x | 9.2x | 1.6x |
| Mon, 02 Aug 2021 | US$25.7b | US$19.4b | US$3.5b | 9.8x | 7.4x | 1.3x |
Price to Earnings Ratio
7.4x
Current Industry PE
- Investors are optimistic on the American Marine industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 47.5x which is higher than its 3-year average PE of 13.1x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Marine industry have declined 44% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.5% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Marine compare with similar industries?
| US Market | -2.42% | |
| Industrials | -1.05% | |
| Marine and Shipping | -2.59% | |
| Marine | -2.59% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EGLE Eagle Bulk Shipping | US$62.60 | 1.3% +US$9.2m | 40.8% | PE30.5x | |
| GSL Global Ship Lease | US$25.13 | 0.4% +US$3.9m | 22.3% | PE2.8x | |
| CTRM Castor Maritime | US$4.76 | 4.6% +US$2.0m | 6.7% | PE1x | |
| TORO Toro | US$3.81 | 3.0% +US$2.0m | -14.2% | PE0.5x | |
| GRIN Grindrod Shipping Holdings | US$14.13 | 0.6% +US$1.8m | 57.0% | PS0.7x |
