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U.S. Professional Services Industry Analysis

UpdatedJun 01, 2024
DataAggregated Company Financials
Companies147
  • 7D-2.6%
  • 3M-4.4%
  • 1Y6.6%
  • YTD0.8%

In the last week, the Professional Services industry is down 2.6% with Automatic Data Processing down the most at 1.6%. This takes the industry's 12 month performance to a gain of 6.6%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Jun 2024US$491.1bUS$238.7bUS$12.5b25.3x39.4x2.1x
Mon, 29 Apr 2024US$497.8bUS$241.3bUS$11.8b26x42.1x2.1x
Wed, 27 Mar 2024US$500.9bUS$232.9bUS$11.4b26.4x43.8x2.2x
Fri, 23 Feb 2024US$504.1bUS$232.6bUS$12.7b27x39.8x2.2x
Sun, 21 Jan 2024US$502.8bUS$237.0bUS$12.8b26x39.2x2.1x
Tue, 19 Dec 2023US$500.8bUS$237.0bUS$12.7b25.5x39.4x2.1x
Thu, 16 Nov 2023US$476.2bUS$236.5bUS$12.3b25.1x38.8x2x
Sat, 14 Oct 2023US$493.6bUS$239.1bUS$9.6b23x51.6x2.1x
Mon, 11 Sep 2023US$492.9bUS$234.3bUS$9.3b22.3x52.9x2.1x
Wed, 09 Aug 2023US$500.7bUS$234.3bUS$9.1b22.7x55x2.1x
Fri, 07 Jul 2023US$452.7bUS$229.7bUS$9.1b21.7x49.6x2x
Sun, 04 Jun 2023US$472.7bUS$231.8bUS$9.5b21.9x49.9x2x
Tue, 02 May 2023US$462.4bUS$228.7bUS$10.7b21.5x43.3x2x
Thu, 30 Mar 2023US$458.5bUS$228.1bUS$10.6b23.5x43.2x2x
Sat, 25 Feb 2023US$256.3bUS$163.7bUS$2.9b21.2x88.4x1.6x
Mon, 23 Jan 2023US$261.0bUS$161.9bUS$3.5b20.6x74.5x1.6x
Wed, 21 Dec 2022US$248.5bUS$161.1bUS$3.4b20.7x72.1x1.5x
Fri, 18 Nov 2022US$258.2bUS$160.5bUS$4.0b19.5x65.3x1.6x
Sun, 16 Oct 2022US$231.0bUS$153.4bUS$8.3b16.8x28x1.5x
Tue, 13 Sep 2022US$260.4bUS$153.3bUS$8.2b18.1x31.6x1.7x
Thu, 11 Aug 2022US$269.0bUS$152.7bUS$8.1b18.6x33.2x1.8x
Sat, 09 Jul 2022US$252.0bUS$151.2bUS$7.4b17.5x34.2x1.7x
Mon, 06 Jun 2022US$264.6bUS$151.9bUS$7.6b17.4x35x1.7x
Wed, 04 May 2022US$271.9bUS$150.9bUS$7.2b17.9x37.5x1.8x
Fri, 01 Apr 2022US$341.1bUS$152.7bUS$11.0b20.8x31x2.2x
Sun, 27 Feb 2022US$312.7bUS$153.3bUS$10.4b21.4x30.2x2x
Tue, 25 Jan 2022US$330.3bUS$154.6bUS$7.9b22.9x41.7x2.1x
Thu, 23 Dec 2021US$365.3bUS$154.3bUS$7.4b22.9x49.2x2.4x
Sat, 20 Nov 2021US$378.1bUS$154.3bUS$7.3b24.7x51.9x2.5x
Mon, 18 Oct 2021US$365.8bUS$148.8bUS$7.1b26.7x51.4x2.5x
Wed, 15 Sep 2021US$357.8bUS$149.3bUS$7.1b24.3x50.7x2.4x
Fri, 13 Aug 2021US$349.5bUS$149.2bUS$7.1b25.6x49.1x2.3x
Tue, 08 Jun 2021US$332.0bUS$142.5bUS$6.7b27.7x49.8x2.3x
Price to Earnings Ratio

49.8x


Total Market Cap: US$332.0bTotal Earnings: US$6.7bTotal Revenue: US$142.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Professional Services Industry Price to Earnings3Y Average 46.7x202220232024
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 39.4x which is lower than its 3-year average PE of 46.7x.
  • 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 23% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Market-0.63%
Industrials-1.06%
Professional Services-2.62%
Research and Consulting Services-2.46%
HR Services-3.51%
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 160x.
    • Analysts are expecting annual earnings growth of 24.0%, which is higher than its past year's earnings growth of 3.6% per year.
  • Investors are most pessimistic about the HR Services industry, which is trading close to its 3-year average of 30.3x.
Forecasted Growth
  • Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 3.6% 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
VRSK Verisk AnalyticsUS$252.780.5%
+US$171.2m
14.2%PE45.4x
SSNC SS&C Technologies HoldingsUS$62.050.4%
+US$56.9m
9.6%PE24x
BBSI Barrett Business ServicesUS$132.346.1%
+US$50.1m
51.9%PE17.4x
LZ LegalZoom.comUS$8.782.2%
+US$35.8m
-25.2%PE78.5x
CRAI CRA InternationalUS$175.972.4%
+US$28.6m
82.2%PE28.2x
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Latest News

PAYC

US$145.32

Paycom Software

7D

-14.9%

1Y

-50.5%

DAY

US$49.46

Dayforce

7D

-11.9%

1Y

-23.8%

BR

US$200.77

Broadridge Financial Solutions

7D

0.1%

1Y

31.0%

BAH

US$152.21

Booz Allen Hamilton Holding

7D

-4.0%

1Y

46.8%

EFX

US$231.39

Equifax

7D

-3.6%

1Y

8.3%

ULS

US$38.57

UL Solutions

7D

-8.1%

1Y

n/a

CRAI

US$175.97

CRA International

7D

2.4%

1Y

82.2%

CSGS

US$43.15

CSG Systems International

7D

2.2%

1Y

-15.1%

PAYX

US$120.16

Paychex

7D

-3.3%

1Y

9.0%