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

Investors are pessimistic on the American Professional Services industry, indicating that they anticipate long term growth rates will be lower than they have historically. The industry is trading at a PE ratio of 30.7x which is lower than its 3-year average PE of 37.2x. The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.6x.

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

Investors are most optimistic about the HR Services industry even though it's trading below its 3-year average PE ratio of 36.1x. Analysts are expecting annual earnings growth of 11.2%, which is lower than the prior year's growth of 14.6% per year. Investors are most pessimistic about the Research and Consulting Services industry, which is trading below its 3-year average of 71.0x.

U.S. Professional Services Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 10 Sep 2026	US$426.0b	US$259.4b	US$13.9b	21.5x	30.7x	1.6x
Sat, 08 Aug 2026	US$429.7b	US$258.5b	US$13.7b	22.8x	31.4x	1.7x
Mon, 06 Jul 2026	US$389.8b	US$249.6b	US$12.5b	20.7x	31.2x	1.6x
Wed, 03 Jun 2026	US$397.4b	US$247.6b	US$12.2b	19.7x	32.5x	1.6x
Fri, 01 May 2026	US$378.2b	US$247.2b	US$12.1b	19.6x	31.3x	1.5x
Sun, 29 Mar 2026	US$366.3b	US$245.7b	US$11.5b	18.4x	31.8x	1.5x
Tue, 24 Feb 2026	US$393.5b	US$245.7b	US$11.5b	19.2x	34.2x	1.6x
Thu, 22 Jan 2026	US$469.6b	US$262.9b	US$12.4b	24.2x	38x	1.8x
Sat, 20 Dec 2025	US$471.5b	US$251.6b	US$13.8b	24.4x	34.1x	1.9x
Mon, 17 Nov 2025	US$460.4b	US$249.9b	US$14.0b	23.9x	32.9x	1.8x
Wed, 15 Oct 2025	US$490.9b	US$251.4b	US$14.9b	25.7x	32.9x	2x
Fri, 12 Sep 2025	US$504.2b	US$251.0b	US$14.9b	25.9x	33.8x	2x
Sun, 10 Aug 2025	US$514.3b	US$253.8b	US$14.6b	26.3x	35.1x	2x
Tue, 08 Jul 2025	US$510.0b	US$245.0b	US$14.9b	25.2x	34.2x	2.1x
Thu, 05 Jun 2025	US$511.1b	US$244.8b	US$15.0b	21.8x	34x	2.1x
Sat, 03 May 2025	US$487.9b	US$241.9b	US$15.3b	21.4x	31.9x	2x
Mon, 31 Mar 2025	US$491.2b	US$241.9b	US$14.8b	20.7x	33.2x	2x
Wed, 26 Feb 2025	US$548.6b	US$244.1b	US$15.9b	22.9x	34.6x	2.2x
Fri, 24 Jan 2025	US$570.4b	US$246.5b	US$14.8b	24.6x	38.4x	2.3x
Sun, 22 Dec 2024	US$549.4b	US$245.1b	US$15.0b	23.8x	36.7x	2.2x
Tue, 19 Nov 2024	US$561.9b	US$247.7b	US$15.2b	23.8x	37x	2.3x
Thu, 17 Oct 2024	US$567.6b	US$241.2b	US$12.9b	28x	44.1x	2.4x
Sat, 14 Sep 2024	US$538.3b	US$234.8b	US$12.7b	28x	42.5x	2.3x
Mon, 12 Aug 2024	US$514.6b	US$234.8b	US$12.8b	26.2x	40.1x	2.2x
Wed, 10 Jul 2024	US$488.8b	US$237.9b	US$12.5b	24.7x	39.2x	2.1x
Fri, 07 Jun 2024	US$496.2b	US$238.6b	US$12.4b	25.4x	39.9x	2.1x
Sun, 05 May 2024	US$499.6b	US$238.4b	US$12.1b	25.5x	41.4x	2.1x
Tue, 02 Apr 2024	US$511.0b	US$233.7b	US$11.4b	26.9x	44.9x	2.2x
Thu, 29 Feb 2024	US$509.6b	US$232.9b	US$11.5b	27x	44.2x	2.2x
Sat, 27 Jan 2024	US$506.3b	US$238.1b	US$13.0b	26.4x	39.1x	2.1x
Mon, 25 Dec 2023	US$500.5b	US$237.0b	US$12.8b	26.1x	39.3x	2.1x
Wed, 22 Nov 2023	US$477.6b	US$236.5b	US$12.3b	25.1x	38.9x	2x
Fri, 20 Oct 2023	US$487.3b	US$239.1b	US$9.5b	21.7x	51.3x	2x
Sun, 17 Sep 2023	US$485.9b	US$230.9b	US$9.7b	22.6x	50.3x	2.1x


US Market	-0.22%
Industrials	-0.30%
Professional Services	-5.23%
Research and Consulting Services	-4.05%
HR Services	-6.17%

Company	Last Price	7D	1Y	Valuation
PSN Parsons	US$46.29	2.0% +US$98.3m	-38.1%	PE31.4x
FA First Advantage	US$20.55	2.4% +US$82.4m	30.4%	PE140.4x
RHLD Resolute Holdings Management	US$135.04	2.5% +US$25.3m	95.7%	PE22.4x
FCN FTI Consulting	US$150.91	0.6% +US$24.9m	-6.6%	PE16.1x
MG Mistras Group	US$19.98	3.0% +US$18.8m	109.7%	PE23.6x

Announcement • Sep 09

Broadridge Launches Dlx Digital Asset Infrastructure Platform for Tokenized Markets

Broadridge had announced the launch of DLX, a fully integrated, end-to-end tokenization and digital asset infrastructure platform that enables financial institutions to operate across tokenized and traditional markets through a connected operating layer for on-chain and off-chain activity. DLX is the operating system for tokenized finance, combining multi-chain enablement, a programmable smart contract composer, 24/7 transaction capabilities, integrated distribution, and institutional-grade workflow orchestration across traditional and on-chain markets. Launching with capabilities to connect to the DTCC Tokenization Service via Canton and other networks, with broader use cases to be announced in due course. Building on Broadridge's established Distributed Ledger Repo (DLR) capability for collateral mobility and securities financing, which processes more than $350 billion in daily activity across thousands of transactions, DLX extends Broadridge's tokenization infrastructure into a broader, multi-asset platform for issuance, trading, settlement, servicing, custody, governance, and distribution. By connecting tokenized workflows and a growing partner network with established market systems, DLX helps firms reduce the complexity of operating on chain, supporting asset classes including bonds, equities, funds, private markets, and money market instruments within a single, consistent framework for tokenization, governance, and operations. DLX supports the full lifecycle of tokenized assets through a modular, multi-chain architecture enabling participants to issue and distribute their own tokens and participate in markets for tokens issued by others. Issuers can mint, issue, service, transact in, and distribute tokenized financial instruments. Banks and broker dealers can connect issuance, trading, transaction orchestration, settlement, servicing, custody, and market infrastructure workflows. Asset managers can tokenize and issue funds and investment products on-chain, automate lifecycle processes, and connect with institutional, intermediary, and wealth management distribution channels. Institutional investors can access and transact in eligible tokenized products, including tokenized funds, equities, fixed income instruments, and other financial assets. Wealth management firms can integrate access to eligible tokenized products and on-chain market capabilities into existing advisory, platform, and client service models. By connecting issuers, investors, intermediaries, asset managers, and wealth distribution channels through a common platform, DLX is designed to reduce fragmentation across the tokenized asset lifecycle and expand access to new distribution models. At the center of DLX is an institutional orchestration layer that brings together tokenization, smart contract services, trading and execution workflows, settlement, books and records, custody, wallet infrastructure, and connectivity across digital asset markets, payment rails, compliance providers, custodians, and distribution channels. This allows firms to integrate tokenized asset activity into existing operating models without having to manage the complexity of fragmented on-chain infrastructure themselves. DLX supports self-custody, third-party custody, and hybrid custody models, enabling clients to determine how assets are held and administered based on their business strategy, risk framework, and regulatory requirements. DLX builds on Broadridge's experience operating DLR at institutional scale. As Broadridge's proven at-scale capability for collateral mobility and securities financing, DLR demonstrates how distributed ledger technology can support high-value institutional market activity in production. DLX extends that proven foundation beyond a single market use case into a broader modular platform for tokenization, trading, settlement, servicing, governance, custody, and distribution. Broadridge enables on-chain proxy voting and governance, digital asset infrastructure including post trade, wallets and custody, and the scaling of digital asset capabilities across multiple asset classes. Broadridge's governance platform serves all models of tokenized securities, including issuer-listed models, synthetic securities issued outside the United States, and third-party tokenized shares within the United States, helping ensure investors receive the same rights and protections regardless of how assets are structured or owned. DLX is Broadridge's tokenization platform, designed to help financial institutions operate across the lifecycle of tokenized securities. It brings together solutions spanning issuance, trading, financing, settlement and servicing, including its Distributed Ledger Repo (DLR) solution, the world's largest institutional platform for settling tokenized real assets, tokenizing over $351 billion a day. DLR supports repo transactions, intraday repo activity, collateral movements, settlement and servicing needs through established scale, critical market knowledge and technology designed for real-world market operations. As tokenization gains momentum across financial services, Broadridge is abstracting away the complexity and enabling a unified experience across traditional and digital assets.

Announcement • Sep 08

Verisk Announces Verisk Fraud Discovery Platform Launch

Verisk announced Verisk Fraud Discovery, a fraud prevention platform that unifies fraud intelligence, advanced analytics, network analysis, digital media forensics, and case management into a single, scalable solution. The platform combines advanced detection, investigation and management capabilities into a single modular solution, helping insurers detect, investigate and disrupt fraud with tools tailored to their unique risk profiles. The launch comes at a time when insurance fraud is evolving rapidly, with economic pressures driving more opportunistic fraud and organised fraud networks increasingly exploiting technology and data gaps to evade detection. In 2024, UK insurers detected £1.16bn in fraudulent claims across 98,400 cases, an industry estimates a similar amount may go undetected. As fraud networks become more sophisticated, insurers are seeking connected intelligence, investigation and case management capabilities that help reveal patterns and relationships that might otherwise remain hidden. Verisk's Fraud Discovery platform combines fraud intelligence, analytics, network analysis, digital media forensics and investigation workflows to help organisations: Uncover hidden relationships across people, organisations, policies and claims; Detect opportunistic, organised and coordinated fraud activity; Analyse images and documents for signs of manipulation, alteration and deepfakes; Prioritise investigations and resources using risk insights and intelligence-led decisioning; Streamline investigations and case management through a single workflow; Improve fraud visibility and collaboration across underwriting, claims and fraud teams; Transform data into actionable intelligence. Designed as a modular platform, organizations can adopt capabilities based on their fraud maturity and operational requirements, from early-stage fraud detection to advanced investigative workflows. This flexibility enables insurers to strengthen fraud prevention efforts while creating a foundation for more connected investigative operations over time. Hiscox, Allianz and law firm Weightmans are among the organizations adopting Verisk Fraud Discovery at launch, reflecting demand for more connected approaches to fraud investigation, intelligence sharing, and case management. For decades, Verisk has helped insurers combat fraud through trusted industry data, advanced analytics and investigation technologies. Its anti-fraud solutions help organizations identify suspicious activity, uncover connections between people, claims and businesses, and focus investigative resources where they can have the greatest impact. Verisk supports fraud detection and investigations across the insurance ecosystem and continues to develop connected intelligence solutions that help insurers respond to increasingly complex and organised fraud activity.

U.S. Professional Services Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

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