Narrative Update • Jun 26

In the last week, the Professional Services industry is up 1.4%, with Automatic Data Processing up 4.2%. In the same time, Innodata was down 23%. In contrast, the industry has lost 24% in the last 12 months. Looking forward, earnings are forecast to grow by 15% annually.
Has the U.S. Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 29 Jun 2026 | US$361.3b | US$247.8b | US$12.2b | 18.9x | 29.5x | 1.5x |
| Wed, 27 May 2026 | US$381.1b | US$247.5b | US$12.2b | 19.3x | 31.3x | 1.5x |
| Fri, 24 Apr 2026 | US$380.5b | US$246.6b | US$11.6b | 19x | 32.8x | 1.5x |
| Sun, 22 Mar 2026 | US$381.0b | US$245.2b | US$11.5b | 19.1x | 33x | 1.6x |
| Tue, 17 Feb 2026 | US$390.2b | US$245.8b | US$12.5b | 19.4x | 31.3x | 1.6x |
| Thu, 15 Jan 2026 | US$476.9b | US$251.7b | US$12.3b | 24.6x | 38.8x | 1.9x |
| Sat, 13 Dec 2025 | US$473.3b | US$250.6b | US$13.8b | 25x | 34.3x | 1.9x |
| Mon, 10 Nov 2025 | US$462.2b | US$249.6b | US$13.9b | 24.4x | 33.2x | 1.9x |
| Wed, 08 Oct 2025 | US$504.2b | US$251.4b | US$14.9b | 26.5x | 33.7x | 2x |
| Fri, 05 Sep 2025 | US$507.7b | US$251.5b | US$14.7b | 26.9x | 34.5x | 2x |
| Sun, 03 Aug 2025 | US$503.2b | US$252.3b | US$15.2b | 23.7x | 33x | 2x |
| Tue, 01 Jul 2025 | US$496.5b | US$245.0b | US$14.9b | 23.5x | 33.3x | 2x |
| Thu, 29 May 2025 | US$515.3b | US$244.7b | US$15.0b | 22.5x | 34.3x | 2.1x |
| Sat, 26 Apr 2025 | US$485.3b | US$241.3b | US$15.2b | 20.7x | 32x | 2x |
| Mon, 24 Mar 2025 | US$484.9b | US$241.8b | US$14.8b | 21.3x | 32.8x | 2x |
| Wed, 19 Feb 2025 | US$557.5b | US$244.5b | US$14.8b | 23x | 37.7x | 2.3x |
| Fri, 17 Jan 2025 | US$559.2b | US$246.2b | US$14.8b | 24.8x | 37.8x | 2.3x |
| Sun, 15 Dec 2024 | US$563.5b | US$242.3b | US$15.3b | 24.5x | 36.9x | 2.3x |
| Tue, 12 Nov 2024 | US$599.6b | US$247.7b | US$15.2b | 27.7x | 39.4x | 2.4x |
| Thu, 10 Oct 2024 | US$555.9b | US$235.5b | US$12.6b | 28.4x | 44x | 2.4x |
| Sat, 07 Sep 2024 | US$526.9b | US$234.8b | US$12.7b | 27.1x | 41.6x | 2.2x |
| Mon, 05 Aug 2024 | US$521.7b | US$234.4b | US$13.0b | 26.2x | 40.1x | 2.2x |
| Wed, 03 Jul 2024 | US$486.6b | US$237.9b | US$12.4b | 24.6x | 39.1x | 2x |
| Fri, 31 May 2024 | US$490.5b | US$238.7b | US$12.5b | 25x | 39.4x | 2.1x |
| Sun, 28 Apr 2024 | US$497.8b | US$241.3b | US$11.8b | 26x | 42.1x | 2.1x |
| Tue, 26 Mar 2024 | US$504.2b | US$232.9b | US$11.4b | 26.5x | 44.1x | 2.2x |
| Thu, 22 Feb 2024 | US$507.5b | US$232.7b | US$12.7b | 27x | 39.9x | 2.2x |
| Sat, 20 Jan 2024 | US$502.8b | US$237.0b | US$12.8b | 26x | 39.2x | 2.1x |
| Mon, 18 Dec 2023 | US$500.8b | US$237.0b | US$12.7b | 25.7x | 39.4x | 2.1x |
| Wed, 15 Nov 2023 | US$464.2b | US$236.5b | US$12.2b | 25.9x | 38.2x | 2x |
| Fri, 13 Oct 2023 | US$502.0b | US$239.1b | US$9.6b | 23.2x | 52.5x | 2.1x |
| Sun, 10 Sep 2023 | US$492.9b | US$234.3b | US$9.3b | 22.3x | 52.9x | 2.1x |
| Tue, 08 Aug 2023 | US$502.8b | US$233.8b | US$9.1b | 23.2x | 55.4x | 2.2x |
| Thu, 06 Jul 2023 | US$454.4b | US$229.7b | US$9.1b | 21.8x | 49.8x | 2x |
49.8x
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | -2.52% | |
| Industrials | -0.24% | |
| Professional Services | 1.43% | |
| HR Services | 2.52% | |
| Research and Consulting Services | 1.02% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ADP Automatic Data Processing | US$223.55 | 4.2% +US$3.6b | -27.5% | PE20.6x | |
| ULS UL Solutions | US$99.05 | 10.4% +US$1.9b | 35.9% | PE57x | |
| VRSK Verisk Analytics | US$182.18 | 7.8% +US$1.7b | -41.5% | PE26.2x | |
| PAYX Paychex | US$99.90 | 4.1% +US$1.2b | -31.3% | PE20.2x | |
| TRU TransUnion | US$70.35 | 9.2% +US$1.1b | -20.1% | PE19.3x |