Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Transportation Industry Analysis

UpdatedJan 20, 2026
DataAggregated Company Financials
Companies50
  • 7D0.03%
  • 3M-2.1%
  • 1Y7.4%
  • YTD0.9%

The Transportation industry has been flat over the last week, but Grab Holdings has lost 10%. The past year has been better, since the industry has gained 7.4% in that time. Looking forward, earnings are forecast to grow by 8.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 20 Jan 2026US$635.7bUS$228.4bUS$33.3b32.3x19.1x2.8x
Thu, 18 Dec 2025US$629.5bUS$228.1bUS$33.3b30.8x18.9x2.8x
Sat, 15 Nov 2025US$628.7bUS$227.2bUS$33.0b26.2x19x2.8x
Mon, 13 Oct 2025US$638.3bUS$223.6bUS$29.7b24x21.5x2.9x
Wed, 10 Sep 2025US$636.1bUS$223.6bUS$29.7b24.6x21.4x2.8x
Fri, 08 Aug 2025US$623.6bUS$221.9bUS$30.1b25.3x20.7x2.8x
Sun, 06 Jul 2025US$643.2bUS$219.7bUS$29.8b25.8x21.6x2.9x
Tue, 03 Jun 2025US$595.2bUS$219.0bUS$29.6b25.5x20.1x2.7x
Thu, 01 May 2025US$557.0bUS$216.2bUS$26.9b23.5x20.7x2.6x
Sat, 29 Mar 2025US$592.1bUS$216.3bUS$27.3b26.3x21.7x2.7x
Mon, 24 Feb 2025US$626.0bUS$216.2bUS$27.4b29.4x22.9x2.9x
Wed, 22 Jan 2025US$602.4bUS$213.4bUS$21.8b30.2x27.6x2.8x
Fri, 20 Dec 2024US$582.5bUS$213.4bUS$21.9b27.2x26.7x2.7x
Sun, 17 Nov 2024US$633.4bUS$213.2bUS$20.9b31.7x30.3x3x
Tue, 15 Oct 2024US$649.7bUS$220.6bUS$17.2b30.3x37.7x2.9x
Thu, 12 Sep 2024US$599.5bUS$220.4bUS$17.2b29x34.8x2.7x
Sat, 10 Aug 2024US$590.7bUS$219.7bUS$16.9b26.7x35x2.7x
Mon, 08 Jul 2024US$578.8bUS$216.9bUS$16.7b25.1x34.7x2.7x
Wed, 05 Jun 2024US$566.7bUS$217.0bUS$16.7b25x34x2.6x
Fri, 03 May 2024US$582.5bUS$214.3bUS$16.9b25.1x34.4x2.7x
Sun, 31 Mar 2024US$639.5bUS$212.7bUS$17.6b23.5x36.2x3x
Tue, 27 Feb 2024US$647.1bUS$212.8bUS$17.5b24.2x37x3x
Thu, 25 Jan 2024US$588.2bUS$215.7bUS$16.9b21.6x34.8x2.7x
Sat, 23 Dec 2023US$586.6bUS$216.2bUS$16.8b21.6x34.9x2.7x
Mon, 20 Nov 2023US$531.9bUS$215.8bUS$16.7b21x31.8x2.5x
Wed, 18 Oct 2023US$509.1bUS$217.4bUS$16.6b14.6x30.7x2.3x
Fri, 15 Sep 2023US$514.6bUS$214.3bUS$13.7b14.7x37.5x2.4x
Sun, 13 Aug 2023US$523.8bUS$214.1bUS$13.2b15.5x39.6x2.4x
Tue, 11 Jul 2023US$504.7bUS$216.9bUS$12.9b12.8x39x2.3x
Thu, 08 Jun 2023US$471.0bUS$217.2bUS$12.9b13.4x36.5x2.2x
Sat, 06 May 2023US$470.7bUS$217.8bUS$12.4b14.6x38x2.2x
Mon, 03 Apr 2023US$459.3bUS$221.1bUS$3.5b13.4x131.2x2.1x
Wed, 01 Mar 2023US$474.7bUS$220.7bUS$3.4b14x140.3x2.2x
Fri, 27 Jan 2023US$481.6bUS$223.0bUS$3.4b11.2x142x2.2x
Price to Earnings Ratio

142x


Total Market Cap: US$481.6bTotal Earnings: US$3.4bTotal Revenue: US$223.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Transportation Industry Price to Earnings3Y Average 40.4x202420252026
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 19.1x which is lower than its 3-year average PE of 40.4x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Transportation industry have grown 114% 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 Market-0.55%
Industrials2.19%
Transportation0.029%
Railroads0.91%
Cargo Ground Transportation0.33%
Trucking-1.20%
Industry PE
  • Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 30.2x.
    • Analysts are expecting annual earnings growth of 19.4%, which is higher than its past year's earnings decline of 12.7% per year.
  • Investors are most pessimistic about the Trucking industry, which is trading below its 3-year average of 35.1x.
Forecasted Growth
  • Analysts are most optimistic on the Cargo Ground Transportation industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Trucking industry is expected to see its earnings grow by 4.8% 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
CSX CSXUS$36.252.9%
+US$1.9b		10.8%PE23.3x
XPO XPOUS$150.412.9%
+US$502.4m		9.3%PE53.2x
UHAL U-Haul HoldingUS$57.534.2%
+US$458.8m		-19.7%PE48.5x
ODFL Old Dominion Freight LineUS$175.651.2%
+US$434.9m		-7.3%PE34.7x
NSC Norfolk SouthernUS$290.630.7%
+US$426.3m		18.5%PE22x

Latest News

JBHT
US$204.38
J.B. Hunt Transport Services
7D
-0.9%
1Y
18.5%
CAR
US$125.63
Avis Budget Group
7D
-1.2%
1Y
39.3%
KNX
US$56.65
Knight-Swift Transportation Holdings
7D
-0.2%
1Y
3.3%
LSTR
US$153.55
Landstar System
7D
-1.0%
1Y
-11.9%
XPO
US$150.41
XPO
7D
2.9%
1Y
9.3%
GRAB
US$4.38
Grab Holdings
7D
-10.4%
1Y
-2.7%
SNDR
US$29.30
Schneider National
7D
1.9%
1Y
-1.4%

Schneider National: Why The Freight Cycle Turn In 2026 Supports A Buy (Rating Upgrade)

Jan 11
YMM
US$9.86
Full Truck Alliance
7D
-4.5%
1Y
-12.4%

YMM: Order Quality Improvements Will Drive Future Margin Expansion Potential

Analysts have inched their price targets on Full Truck Alliance lower, broadly trimming expectations to a US$12 to US$14 range as they weigh Q3 results that were roughly in line with forecasts against signs of slowing order growth and near term revenue deceleration. Analyst Commentary Recent Street research reflects a more cautious stance on near term growth, but many bullish analysts are still highlighting areas where they see execution holding up and the long term story intact.
FIP
US$5.76
FTAI Infrastructure
7D
17.8%
1Y
-22.6%

FIP: Improved Margins And Growth Assumptions Will Support Strong Future Upside

Analysts have modestly adjusted their price target on FTAI Infrastructure, citing updated assumptions around discount rates, revenue growth of about 43.33% and profit margins of about 5.22%, along with a slightly lower future P/E of about 23.28x. Valuation Changes Fair Value: Kept unchanged at a narrative value of 10.0 and an updated value of 10.0, indicating no revision in the core estimate.
SAIA
US$350.89
Saia
7D
-4.0%
1Y
-27.9%

SAIA: Tighter LTL Capacity Into 2026 Will Support Margin Expansion

Narrative Update The analyst price target for Saia has moved from US$405 to US$431, as analysts cite a tighter capacity setup into 2026, improved margin expectations, and recent rating upgrades that offset more cautious views from some peers. Analyst Commentary Recent research on Saia shows a split tape, with some bullish analysts lifting price targets and ratings, while others turn more cautious on near term freight trends and sector valuations.
UBER
US$84.85
Uber Technologies
7D
0.2%
1Y
26.0%

UBER: Autonomous Partnerships And AI Are Expected To Support Long Term Margins

Analysts have nudged their fair value estimate for Uber slightly lower to about $111, reflecting modestly higher discount-rate assumptions. They continue to highlight AI driven revenue opportunities, ongoing autonomous vehicle partnerships, and a focus on long term margins and capital allocation in recent price target updates across the Street.
ODFL
US$175.65
Old Dominion Freight Line
7D
1.2%
1Y
-7.3%
NSC
US$290.63
Norfolk Southern
7D
0.7%
1Y
18.5%

NSC: Merger Review And Labor Deal Will Shape Fairly Valued Outlook

Analysts have nudged their price target for Norfolk Southern higher to approximately US$309 from about US$308, reflecting small updates to discount rate, revenue growth, profit margin and future P/E assumptions in their models. What's in the News The US Department of Justice has begun investigating Union Pacific's proposed acquisition of Norfolk Southern and is expected to file a formal notice to participate in the Surface Transportation Board review of the deal (CTFN).
CSX
US$36.25
CSX
7D
2.9%
1Y
10.8%

CSX: New Leadership And ONECSX Execution Will Shape Rail Network Future

Analysts have nudged the CSX price target higher to around US$41 to US$42 from about US$39 to US$40, citing a recent Q3 beat, one-off restructuring charges, and continued progress on the ONECSX and operational improvement initiatives as key supports for this shift. Analyst Commentary Recent research updates show a cluster of price target revisions for CSX toward the low US$40s after the Q3 report, with analysts pointing to the earnings outcome, one off restructuring charges, and ongoing ONECSX initiatives as key drivers of their views.
LYFT
US$18.33
Lyft
7D
-6.9%
1Y
36.7%

LYFT: Expanding Rideshare Partnerships Will Support Stronger Marketplace And Earnings Outlook

The analyst fair value estimate for Lyft has increased slightly to $32.00 from $31.78, as analysts highlight a series of price target raises based on improving rides growth, a more robust gross bookings outlook into 2026, and clearer execution progress under the current strategy, despite still mixed near term profitability trends. Analyst Commentary Bullish analysts continue to lift their price targets on Lyft, citing a combination of improving rides growth, stronger gross bookings guidance, and clearer strategic execution under the current leadership team.
UHAL
US$57.53
U-Haul Holding
7D
4.2%
1Y
-19.7%