Narrative Update • May 27

Over the last 7 days, the Professional Services industry has remained flat, although notably Planet Labs PBC gained 15%. As for the longer term, the industry has declined 22% in the last year. Looking forward, earnings are forecast to grow by 16% annually.
Has the U.S. Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 31 May 2026 | US$382.7b | US$247.5b | US$12.2b | 19.6x | 31.4x | 1.5x |
| Tue, 28 Apr 2026 | US$369.3b | US$246.7b | US$11.6b | 18.8x | 31.8x | 1.5x |
| Thu, 26 Mar 2026 | US$372.8b | US$245.4b | US$11.5b | 18.7x | 32.5x | 1.5x |
| Sat, 21 Feb 2026 | US$397.0b | US$245.7b | US$11.5b | 19.6x | 34.5x | 1.6x |
| Mon, 19 Jan 2026 | US$480.4b | US$251.7b | US$12.3b | 24.6x | 39x | 1.9x |
| Wed, 17 Dec 2025 | US$469.7b | US$251.4b | US$13.9b | 24.6x | 33.9x | 1.9x |
| Fri, 14 Nov 2025 | US$462.7b | US$249.9b | US$14.0b | 24x | 33.1x | 1.9x |
| Sun, 12 Oct 2025 | US$489.4b | US$251.4b | US$14.9b | 25.4x | 32.8x | 1.9x |
| Tue, 09 Sep 2025 | US$509.0b | US$251.5b | US$14.8b | 26.8x | 34.4x | 2x |
| Thu, 07 Aug 2025 | US$507.3b | US$253.1b | US$14.3b | 25.4x | 35.5x | 2x |
| Sat, 05 Jul 2025 | US$510.3b | US$245.0b | US$14.9b | 25.7x | 34.3x | 2.1x |
| Mon, 02 Jun 2025 | US$511.5b | US$244.7b | US$15.0b | 22.4x | 34x | 2.1x |
| Wed, 30 Apr 2025 | US$483.5b | US$241.3b | US$15.1b | 20.7x | 31.9x | 2x |
| Fri, 28 Mar 2025 | US$494.8b | US$241.9b | US$14.8b | 21.3x | 33.4x | 2x |
| Sun, 23 Feb 2025 | US$545.6b | US$243.7b | US$15.8b | 22.5x | 34.5x | 2.2x |
| Tue, 21 Jan 2025 | US$563.7b | US$246.2b | US$14.8b | 24.8x | 38.1x | 2.3x |
| Thu, 19 Dec 2024 | US$561.1b | US$245.0b | US$14.9b | 24.1x | 37.5x | 2.3x |
| Sat, 16 Nov 2024 | US$574.9b | US$247.7b | US$15.2b | 24.5x | 37.8x | 2.3x |
| Mon, 14 Oct 2024 | US$560.3b | US$241.2b | US$12.9b | 27.8x | 43.5x | 2.3x |
| Wed, 11 Sep 2024 | US$534.5b | US$234.8b | US$12.7b | 27.2x | 42.1x | 2.3x |
| Fri, 09 Aug 2024 | US$506.1b | US$234.9b | US$13.1b | 26.5x | 38.6x | 2.2x |
| Sun, 07 Jul 2024 | US$489.9b | US$237.9b | US$12.5b | 24.4x | 39.3x | 2.1x |
| Tue, 04 Jun 2024 | US$494.6b | US$238.7b | US$12.5b | 25.4x | 39.7x | 2.1x |
| Thu, 02 May 2024 | US$500.3b | US$242.5b | US$12.1b | 25.6x | 41.5x | 2.1x |
| Sat, 30 Mar 2024 | US$511.0b | US$233.7b | US$11.4b | 27.1x | 44.8x | 2.2x |
| Mon, 26 Feb 2024 | US$513.4b | US$232.8b | US$12.7b | 27.5x | 40.4x | 2.2x |
| Wed, 24 Jan 2024 | US$510.8b | US$237.0b | US$12.9b | 26.7x | 39.7x | 2.2x |
| Fri, 22 Dec 2023 | US$498.4b | US$237.0b | US$12.7b | 25.8x | 39.1x | 2.1x |
| Sun, 19 Nov 2023 | US$474.7b | US$236.6b | US$12.3b | 25.1x | 38.7x | 2x |
| Tue, 17 Oct 2023 | US$497.9b | US$239.1b | US$9.7b | 23.1x | 51.2x | 2.1x |
| Thu, 14 Sep 2023 | US$488.2b | US$230.9b | US$9.7b | 23.1x | 50.6x | 2.1x |
| Sat, 12 Aug 2023 | US$503.9b | US$234.2b | US$9.2b | 23.2x | 54.9x | 2.2x |
| Mon, 10 Jul 2023 | US$452.9b | US$229.7b | US$9.1b | 21.4x | 49.6x | 2x |
| Wed, 07 Jun 2023 | US$477.9b | US$231.9b | US$9.5b | 21.8x | 50.3x | 2.1x |
50.3x
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | 1.47% | |
| Industrials | 1.33% | |
| Professional Services | 0.89% | |
| Research and Consulting Services | 2.62% | |
| HR Services | -0.27% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PL Planet Labs PBC | US$51.14 | 15.3% +US$2.4b | 1,231.8% | PS59.2x | |
| J Jacobs Solutions | US$119.86 | 4.5% +US$610.5m | -5.1% | PE34.5x | |
| PSN Parsons | US$59.10 | 10.0% +US$576.6m | -8.9% | PE27.7x | |
| VRSK Verisk Analytics | US$174.99 | 2.3% +US$508.4m | -44.3% | PE25.2x | |
| BR Broadridge Financial Solutions | US$153.72 | 2.1% +US$373.6m | -36.7% | PE16.2x |