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U.S. Professional Services Industry Analysis

UpdatedMar 03, 2024
DataAggregated Company Financials
Companies151
  • 7D-0.9%
  • 3M5.9%
  • 1Y7.4%
  • YTD5.2%

In the last week, Professional Services has been flat. The past year has been better, since the industry has gained 7.4% in that time. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Mar 2024US$509.4bUS$232.9bUS$11.5b27x44.3x2.2x
Tue, 30 Jan 2024US$509.5bUS$238.1bUS$13.0b26.7x39.3x2.1x
Thu, 28 Dec 2023US$503.9bUS$237.0bUS$12.7b25.8x39.5x2.1x
Sat, 25 Nov 2023US$481.1bUS$237.0bUS$12.2b24.3x39.4x2x
Mon, 23 Oct 2023US$480.2bUS$239.1bUS$9.5b21.2x50.6x2x
Wed, 20 Sep 2023US$485.0bUS$230.9bUS$9.7b22.5x50.2x2.1x
Fri, 18 Aug 2023US$498.8bUS$234.3bUS$9.2b22.9x54.4x2.1x
Sun, 16 Jul 2023US$471.2bUS$230.3bUS$9.1b20.8x51.5x2x
Tue, 13 Jun 2023US$481.3bUS$231.9bUS$9.5b22.7x50.7x2.1x
Thu, 11 May 2023US$456.3bUS$231.6bUS$9.8b20.9x46.6x2x
Sat, 08 Apr 2023US$453.5bUS$228.5bUS$10.7b23.4x42.5x2x
Mon, 06 Mar 2023US$262.4bUS$163.4bUS$3.3b19.5x79.4x1.6x
Wed, 01 Feb 2023US$264.8bUS$162.3bUS$3.3b21.1x81.2x1.6x
Fri, 30 Dec 2022US$252.1bUS$161.1bUS$3.4b20x73.2x1.6x
Sun, 27 Nov 2022US$262.5bUS$160.8bUS$4.1b20.4x63.6x1.6x
Tue, 25 Oct 2022US$236.7bUS$153.2bUS$8.2b17.6x28.7x1.5x
Thu, 22 Sep 2022US$242.2bUS$153.4bUS$8.2b17.3x29.4x1.6x
Sat, 20 Aug 2022US$267.4bUS$153.2bUS$8.3b18.9x32.4x1.7x
Mon, 18 Jul 2022US$247.7bUS$151.2bUS$7.4b17.2x33.7x1.6x
Wed, 15 Jun 2022US$235.3bUS$151.4bUS$7.4b15.6x31.6x1.6x
Fri, 13 May 2022US$250.6bUS$152.3bUS$7.7b16.6x32.7x1.6x
Sun, 10 Apr 2022US$289.4bUS$148.3bUS$7.3b19.7x39.8x2x
Tue, 08 Mar 2022US$315.8bUS$150.5bUS$10.8b20.3x29.4x2.1x
Thu, 03 Feb 2022US$337.3bUS$155.3bUS$8.0b22.6x42.3x2.2x
Sat, 01 Jan 2022US$372.5bUS$154.5bUS$7.3b25.1x50.9x2.4x
Mon, 29 Nov 2021US$365.9bUS$154.0bUS$7.4b23.9x49.6x2.4x
Wed, 27 Oct 2021US$371.2bUS$150.5bUS$7.4b24x50.3x2.5x
Fri, 24 Sep 2021US$354.5bUS$148.6bUS$7.1b25.6x49.6x2.4x
Sun, 22 Aug 2021US$347.1bUS$149.2bUS$7.1b24.9x48.8x2.3x
Fri, 09 Jul 2021US$340.7bUS$147.7bUS$7.2b23.4x47.4x2.3x
Thu, 01 Apr 2021US$308.1bUS$141.6bUS$6.0b27.5x51.8x2.2x
Price to Earnings Ratio

57.2x


Total Market Cap: US$286.7bTotal Earnings: US$5.0bTotal Revenue: US$136.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Professional Services Industry Price to Earnings3Y Average 47.3x202220232024
Current Industry PE
  • 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 44.3x which is lower than its 3-year average PE of 47.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 32% per year over the last three years.
  • Revenues for these companies have grown 20% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

US Market1.16%
Industrials1.21%
Professional Services-0.87%
Research and Consulting Services-0.18%
HR Services-1.34%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry even though it's trading below its 3-year average PE ratio of 158x.
    • Analysts are expecting annual earnings growth of 26.6%, which is higher than its past year's earnings decline of 6.0% per year.
  • Investors are most pessimistic about the HR Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 31.4x.
Forecasted Growth
  • Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 6.0% per year.
  • In contrast, the HR Services industry is expected to see its earnings grow by 15% 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
EFX EquifaxUS$270.981.9%
+US$619.8m
30.6%PE61.6x
ALIT AlightUS$9.100.7%
+US$318.3m
-8.9%PS1.5x
STER Sterling CheckUS$16.4427.5%
+US$316.0m
24.9%PS2.1x
BR Broadridge Financial SolutionsUS$203.741.1%
+US$265.0m
41.4%PE35.1x
LZ LegalZoom.comUS$12.6412.5%
+US$256.3m
47.5%PE170.2x
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Latest News

ALIT

US$9.10

Alight

7D

0.7%

1Y

-8.9%

STER

US$16.44

Sterling Check

7D

27.5%

1Y

24.9%

EFX

US$270.98

Equifax

7D

1.9%

1Y

30.6%

G

US$33.94

Genpact

7D

-6.5%

1Y

-28.5%

BR

US$203.74

Broadridge Financial Solutions

7D

1.1%

1Y

41.4%

KFY

US$64.08

Korn Ferry

7D

7.5%

1Y

14.1%

CLVT

US$7.14

Clarivate

7D

-20.6%

1Y

-37.1%

ADP

US$249.69

Automatic Data Processing

7D

-2.4%

1Y

11.1%

TRU

US$78.71

TransUnion

7D

1.6%

1Y

19.3%

CNXC

US$73.37

Concentrix

7D

-11.5%

1Y

-46.9%

FCN

US$204.39

FTI Consulting

7D

-5.4%

1Y

11.2%

PAYX

US$122.23

Paychex

7D

-1.9%

1Y

8.4%