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U.S. Transportation Industry Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies49
  • 7D3.7%
  • 3M5.5%
  • 1Y23.9%
  • YTD6.6%

In the last week, the Transportation industry is up 4.7%, with Uber Technologies up 7.1%. In the same time, PAMT was down 5.8%. In the last 12 months, the industry was up 26%. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Apr 2026US$669.5bUS$232.3bUS$29.3b41x22.8x2.9x
Fri, 20 Mar 2026US$615.4bUS$231.9bUS$29.3b33.1x21x2.7x
Sun, 15 Feb 2026US$641.9bUS$230.9bUS$29.1b36.9x22.1x2.8x
Tue, 13 Jan 2026US$636.6bUS$228.5bUS$33.3b34.3x19.1x2.8x
Thu, 11 Dec 2025US$636.4bUS$228.0bUS$33.3b32.6x19.1x2.8x
Sat, 08 Nov 2025US$627.7bUS$227.0bUS$33.0b27.7x19x2.8x
Mon, 06 Oct 2025US$664.9bUS$223.6bUS$29.7b24.1x22.4x3x
Wed, 03 Sep 2025US$632.9bUS$223.5bUS$29.7b25.2x21.3x2.8x
Fri, 01 Aug 2025US$621.1bUS$219.5bUS$29.9b26.3x20.8x2.8x
Sun, 29 Jun 2025US$627.4bUS$219.7bUS$29.8b25.2x21.1x2.9x
Tue, 27 May 2025US$600.9bUS$218.9bUS$29.7b25.5x20.2x2.7x
Thu, 24 Apr 2025US$546.3bUS$216.4bUS$26.9b24.9x20.3x2.5x
Sat, 22 Mar 2025US$584.0bUS$216.4bUS$27.3b26.6x21.4x2.7x
Mon, 17 Feb 2025US$646.3bUS$216.1bUS$27.4b29.9x23.6x3x
Wed, 15 Jan 2025US$588.2bUS$213.3bUS$21.8b28.5x26.9x2.8x
Fri, 13 Dec 2024US$607.1bUS$213.5bUS$21.9b29.8x27.8x2.8x
Sun, 10 Nov 2024US$645.8bUS$222.5bUS$20.0b33.3x32.2x2.9x
Tue, 08 Oct 2024US$615.8bUS$220.8bUS$17.2b29.6x35.7x2.8x
Thu, 05 Sep 2024US$612.4bUS$220.4bUS$17.2b29.2x35.5x2.8x
Sat, 03 Aug 2024US$579.0bUS$217.9bUS$16.2b27.2x35.7x2.7x
Mon, 01 Jul 2024US$583.2bUS$216.9bUS$16.7b25.9x35x2.7x
Wed, 29 May 2024US$573.4bUS$216.2bUS$16.7b24.9x34.3x2.7x
Fri, 26 Apr 2024US$604.2bUS$214.4bUS$17.0b23.7x35.5x2.8x
Sun, 24 Mar 2024US$644.8bUS$212.7bUS$17.5b23x36.8x3x
Tue, 20 Feb 2024US$638.8bUS$212.7bUS$17.1b23.6x37.3x3x
Thu, 18 Jan 2024US$569.4bUS$216.0bUS$16.9b21.6x33.6x2.6x
Sat, 16 Dec 2023US$578.5bUS$216.2bUS$16.8b21.5x34.5x2.7x
Mon, 13 Nov 2023US$509.9bUS$215.5bUS$16.9b20.3x30.2x2.4x
Wed, 11 Oct 2023US$510.3bUS$217.5bUS$16.6b14.6x30.8x2.3x
Fri, 08 Sep 2023US$509.4bUS$214.2bUS$13.8b14.3x37x2.4x
Sun, 06 Aug 2023US$532.4bUS$214.3bUS$13.0b15.7x40.9x2.5x
Tue, 04 Jul 2023US$504.3bUS$216.9bUS$13.0b13.1x38.9x2.3x
Thu, 01 Jun 2023US$455.1bUS$217.3bUS$12.9b13.6x35.3x2.1x
Sat, 29 Apr 2023US$450.4bUS$220.6bUS$2.9b14x157.2x2x
Price to Earnings Ratio

157.2x


Total Market Cap: US$450.4bTotal Earnings: US$2.9bTotal Revenue: US$220.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Transportation Industry Price to Earnings3Y Average 30.1x202420252026
Current Industry PE
  • Investors are pessimistic on the American Transportation 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 22.6x which is lower than its 3-year average PE of 30.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Transportation industry have grown 105% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

US Market1.31%
Industrials-0.53%
Transportation3.66%
Cargo Ground Transportation6.96%
Trucking5.77%
Railroads0.56%
Industry PE
  • Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 31.7x.
    • Analysts are expecting annual earnings growth of 20.2%, which is higher than its past year's earnings decline of 18.3% per year.
  • Investors are most pessimistic about the Trucking industry, which is trading below its 3-year average of 37.6x.
Forecasted Growth
  • Analysts are most optimistic on the Cargo Ground Transportation industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Railroads industry is expected to see its earnings grow by 7.0% 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
CAR Avis Budget GroupUS$713.9773.5%
+US$10.7b		741.1%PS2.2x
UBER Uber TechnologiesUS$77.266.0%
+US$8.9b		3.8%PE15.7x
ODFL Old Dominion Freight LineUS$224.426.7%
+US$2.9b		47.6%PE45.7x
JBHT J.B. Hunt Transport ServicesUS$251.099.4%
+US$2.0b		95.4%PE38.1x
XPO XPOUS$227.617.0%
+US$1.8b		136.1%PE84.6x

Latest News

FIP
US$5.48
FTAI Infrastructure
7D
-5.2%
1Y
44.6%
UBER
US$77.26
Uber Technologies
7D
6.0%
1Y
3.8%
CAR
US$713.97
Avis Budget Group
7D
73.5%
1Y
741.1%
ETS
US$0.57
Elite Express Holding
7D
-11.9%
1Y
n/a
ODFL
US$224.42
Old Dominion Freight Line
7D
6.7%
1Y
47.6%
UNP
US$251.25
Union Pacific
7D
-0.3%
1Y
15.8%

Union Pacific: 2 Key Dates Are Coming (Earnings Preview)

Apr 21
GRAB
US$4.08
Grab Holdings
7D
6.8%
1Y
-3.8%

GRAB: Buyback And foodpanda Deal Will Shape Long Term Upside

Analysts now see Grab Holdings' fair value easing slightly from about $6.38 to $6.30 per share, citing updated assumptions around the discount rate, revenue growth, profit margin, future P/E, and the potential long term earnings impact of the foodpanda deal and a recent upgrade. Analyst Commentary Bullish Takeaways Bullish analysts see the foodpanda transaction as a contributor to long term EBITDA, which they factor into their assumptions for Grab Holdings' earnings power beyond 2028.
CSX
US$43.37
CSX
7D
2.0%
1Y
56.1%

CSX: Heavy Rail Assets And Upgrades Will Support Freight Cycle Recovery Potential

CSX's updated analyst price target edges higher to $42.10 from $41.15, reflecting analysts' recent mix of target increases and a few downgrades as they factor in slightly higher revenue growth assumptions, a modestly higher future P/E, and ongoing sector level reassessments across transportation and rail names. Analyst Commentary Recent research on CSX reflects a split view, with several firms lifting price targets while a smaller group trims expectations or ratings.
SAIA
US$441.81
Saia
7D
9.2%
1Y
33.4%

SAIA: Freight Recovery Optimism Will Expose Elevated Risk If LTL Volumes Stay Soft

Saia's analyst price target edges higher as the fair value estimate moves from $280.65 to $282.48, with analysts pointing to resilient profit margin assumptions, a slightly lower future P/E, and recent research that highlights the company as a preferred way to gain exposure to physical transportation networks. Analyst Commentary Recent Street research on Saia reflects a mix of optimism around the business model and more cautious views on execution, valuation, and freight cycle timing.
JBHT
US$251.09
J.B. Hunt Transport Services
7D
9.4%
1Y
95.4%
XPO
US$227.61
XPO
7D
7.0%
1Y
136.1%

XPO: LTL Execution And HALO Network Assets Will Shape 2026 Risk Reward

XPO's updated analyst price target edges up by about $3 to $207, with analysts pointing to steady tonnage and shipment trends, ongoing yield and cost efficiency work, and renewed interest in transportation networks as long lived infrastructure assets. Analyst Commentary Recent Street research on XPO shows a mix of optimism on execution and infrastructure value, alongside a few pockets of caution.
PAL
US$6.89
Proficient Auto Logistics
7D
-1.6%
1Y
-11.6%
WETO
US$0.51
Wetour Robotics
7D
-13.4%
1Y
-87.6%
PAMT
US$8.90
PAMT
7D
-2.4%
1Y
-36.9%
SLGB
US$0.86
Smart Logistics Global
7D
-6.5%
1Y
n/a
ZDAI
US$2.70
DirectBooking Technology
7D
-28.5%
1Y
-64.0%