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U.S. Transportation Industry Analysis

UpdatedJan 26, 2026
DataAggregated Company Financials
Companies49
  • 7D-0.7%
  • 3M-2.5%
  • 1Y3.9%
  • YTD0.1%

Last week, the Transportation industry hasn't moved much but Grab Holdings is up 4.6% in that time. The past year has been better, since the industry has gained 3.9% in that time. Looking forward, earnings are forecast to grow by 9.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Jan 2026US$631.2bUS$228.4bUS$33.2b32.7x19x2.8x
Wed, 24 Dec 2025US$630.1bUS$228.2bUS$33.3b30.8x18.9x2.8x
Fri, 21 Nov 2025US$611.5bUS$227.1bUS$33.0b25x18.5x2.7x
Sun, 19 Oct 2025US$645.0bUS$223.7bUS$29.5b26.7x21.8x2.9x
Tue, 16 Sep 2025US$639.3bUS$223.6bUS$29.7b24.1x21.5x2.9x
Thu, 14 Aug 2025US$626.5bUS$222.5bUS$30.1b26.5x20.8x2.8x
Sat, 12 Jul 2025US$649.0bUS$219.7bUS$29.8b26.4x21.8x3x
Mon, 09 Jun 2025US$606.2bUS$219.0bUS$29.6b25.6x20.5x2.8x
Wed, 07 May 2025US$577.7bUS$216.5bUS$27.0b23.5x21.4x2.7x
Fri, 04 Apr 2025US$592.9bUS$216.8bUS$26.5b25x22.4x2.7x
Sun, 02 Mar 2025US$616.0bUS$216.1bUS$27.3b28.6x22.6x2.9x
Tue, 28 Jan 2025US$617.8bUS$213.2bUS$21.8b30x28.3x2.9x
Thu, 26 Dec 2024US$583.9bUS$213.4bUS$21.9b28.9x26.7x2.7x
Sat, 23 Nov 2024US$639.3bUS$213.4bUS$20.8b31.5x30.7x3x
Mon, 21 Oct 2024US$632.6bUS$220.4bUS$17.3b30.4x36.6x2.9x
Wed, 18 Sep 2024US$609.5bUS$220.5bUS$17.2b29.8x35.3x2.8x
Fri, 16 Aug 2024US$595.9bUS$219.7bUS$16.9b27.6x35.3x2.7x
Sun, 14 Jul 2024US$589.7bUS$217.0bUS$16.7b26.1x35.4x2.7x
Tue, 11 Jun 2024US$577.7bUS$217.0bUS$16.7b25.4x34.7x2.7x
Thu, 09 May 2024US$599.5bUS$216.0bUS$16.6b25.6x36.2x2.8x
Sat, 06 Apr 2024US$626.1bUS$214.9bUS$18.2b24x34.4x2.9x
Mon, 04 Mar 2024US$651.4bUS$212.8bUS$17.5b24.2x37.2x3.1x
Wed, 31 Jan 2024US$596.4bUS$215.6bUS$16.3b21.9x36.5x2.8x
Fri, 29 Dec 2023US$593.2bUS$216.2bUS$16.9b21.6x35x2.7x
Sun, 26 Nov 2023US$542.2bUS$216.1bUS$16.8b21.3x32.3x2.5x
Tue, 24 Oct 2023US$485.8bUS$215.8bUS$15.7b14.2x30.9x2.3x
Thu, 21 Sep 2023US$512.1bUS$214.3bUS$13.7b14.7x37.3x2.4x
Sat, 19 Aug 2023US$510.0bUS$214.0bUS$13.3b15.2x38.5x2.4x
Mon, 17 Jul 2023US$515.2bUS$217.2bUS$12.8b13x40.4x2.4x
Wed, 14 Jun 2023US$479.7bUS$217.1bUS$12.9b12.7x37.1x2.2x
Fri, 12 May 2023US$467.7bUS$217.4bUS$12.6b14.4x37.2x2.2x
Sun, 09 Apr 2023US$450.0bUS$221.1bUS$3.5b13x128.5x2x
Tue, 07 Mar 2023US$484.5bUS$220.7bUS$3.3b14x145.3x2.2x
Thu, 02 Feb 2023US$505.6bUS$223.0bUS$3.2b12.7x156.1x2.3x
Price to Earnings Ratio

156.1x


Total Market Cap: US$505.6bTotal Earnings: US$3.2bTotal Revenue: US$223.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Transportation Industry Price to Earnings3Y Average 39.7x202420252026
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 19.0x which is lower than its 3-year average PE of 39.8x.
  • 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 117% 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-0.36%
Industrials-1.53%
Transportation-0.73%
Railroads0.062%
Cargo Ground Transportation-0.0066%
Trucking-2.12%
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 19.9%, which is higher than its past year's earnings decline of 19.8% per year.
  • Investors are most pessimistic about the Trucking industry, which is trading below its 3-year average of 35.2x.
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 20% per year.
  • In contrast, the Trucking industry is expected to see its earnings grow by 5.9% 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
GRAB Grab HoldingsUS$4.584.6%
+US$817.4m		0.2%PE153.4x
CSX CSXUS$36.641.1%
+US$726.2m		12.1%PE23.6x
JBHT J.B. Hunt Transport ServicesUS$206.751.2%
+US$224.2m		21.6%PE32.7x
UHAL U-Haul HoldingUS$58.271.3%
+US$145.1m		-19.9%PE49.1x
SNDR Schneider NationalUS$29.982.3%
+US$119.2m		2.0%PE46.1x

Latest News

ARCB
US$89.68
ArcBest
7D
-1.0%
1Y
-8.9%

ARCB: Tighter Trucking Capacity And AI Efficiencies Will Support Future Upside

Analysts have trimmed their blended fair value estimate for ArcBest from about $119.80 to $115.65, even as they lift published price targets by $10 to $14, based on expectations that tighter trucking capacity, cost conscious operations and AI enabled efficiencies could support the company over the next few years. Analyst Commentary Recent Street research on ArcBest clusters around a common theme, with bullish analysts lifting price targets while acknowledging mixed near term freight conditions.
CAR
US$121.68
Avis Budget Group
7D
-3.1%
1Y
35.2%

CAR: Future Share Repurchase Capacity And Lower P/E May Unlock Upside

Analysts now place their price target for Avis Budget Group at US$184, down from US$200, reflecting updated assumptions for revenue growth, profit margins and a lower future P/E multiple. What's in the News From July 1, 2025 to September 30, 2025, Avis Budget Group reported no share repurchases under its existing buyback program, with 0 shares repurchased for US$0 million in that period (Key Developments).
RXO
US$15.55
RXO
7D
3.7%
1Y
-39.9%
CSX
US$36.64
CSX
7D
1.1%
1Y
12.1%
JBHT
US$206.75
J.B. Hunt Transport Services
7D
1.2%
1Y
21.6%
UBER
US$82.31
Uber Technologies
7D
-3.0%
1Y
20.1%

UBER: Autonomous Partnerships And AI Will Support Long Term Returns

Analysts have trimmed their fair value estimate for Uber Technologies slightly to about US$110.43 from US$110.72. This reflects a modestly higher discount rate and slightly lower profit margin assumptions, even as they continue to point to steady revenue growth expectations and supportive research citing resilient Mobility trends and long term autonomous vehicle opportunities.
FIP
US$6.35
FTAI Infrastructure
7D
10.2%
1Y
-10.6%

Investors Still Aren't Entirely Convinced By FTAI Infrastructure Inc.'s (NASDAQ:FIP) Revenues Despite 27% Price Jump

Jan 22
Investors Still Aren't Entirely Convinced By FTAI Infrastructure Inc.'s (NASDAQ:FIP) Revenues Despite 27% Price Jump
XPO
US$147.27
XPO
7D
-2.1%
1Y
5.9%

XPO: Margin Efficiency And AI Productivity Will Shape Mixed 2026 Risk Reward Profile

The analyst price target for XPO increased slightly to US$156.08 from US$151.24, as analysts point to continued margin efficiency, modestly adjusted revenue expectations, and a slightly higher assumed future P/E multiple in their updated models. Analyst Commentary Recent research on XPO reflects a mixed but engaged analyst community, with several firms revisiting their price targets and ratings as they reassess the company’s execution, margin profile, and exposure to trucking and less than truckload markets.
NSC
US$287.41
Norfolk Southern
7D
-1.1%
1Y
12.9%

NSC: Merger Scrutiny And New Corridor Will Shape Fairly Valued Outlook

Analysts have nudged their fair value estimate for Norfolk Southern higher to about US$311 from roughly US$309, reflecting slightly updated assumptions on discount rate, revenue growth, profit margin, and future P/E following recent sector research and price target revisions. Analyst Commentary Recent research around the proposed Union Pacific and Norfolk Southern merger has sharpened how analysts think about Norfolk Southern's valuation, regulatory risk, and long term growth profile.
UHAL
US$58.27
U-Haul Holding
7D
1.3%
1Y
-19.9%
GRAB
US$4.58
Grab Holdings
7D
4.6%
1Y
0.2%

GRAB: Indonesia Merger Talks Will Support Future Market Leadership

Analysts have nudged their price target for Grab Holdings slightly higher to about US$6.83 per share, citing recent upgrades, better than expected Q3 results, raised FY25 guidance, and confidence in the company's category leading position and long term growth outlook in Southeast Asia. Analyst Commentary Bullish Takeaways Bullish analysts highlight Q3 results that were better than expected, with the company beating both top and bottom line consensus, which supports their case for higher valuation multiples.
LYFT
US$17.90
Lyft
7D
-2.3%
1Y
29.7%
SNDR
US$29.98
Schneider National
7D
2.3%
1Y
2.0%

SNDR: Early Cycle Supply Tightness And Digital Gains Will Shape Freight Recovery Uncertainty

Analysts have lifted their average price target for Schneider National by about $4 to roughly $30.73, reflecting updated expectations around revenue growth, profit margins, and a higher future P/E multiple, while still flagging risks from softer freight demand and seasonal truckload pressure. Analyst Commentary Recent research notes on Schneider National give you a mixed but useful read on how the Street is thinking about the stock, with several firms lifting price targets while still stressing that freight conditions and seasonality keep the setup far from risk free.
ODFL
US$174.30
Old Dominion Freight Line
7D
-0.8%
1Y
-8.7%

ODFL: Capacity Tightening And Buybacks Will Shape Returns Through 2026

Analysts nudged their price targets on Old Dominion Freight Line higher, lifting the fair value estimate from about $155.92 to $167.17 as they weigh tighter trucking capacity, potential margin recovery into 2026, and updated earnings models against ongoing demand and cyclicality risks. Analyst Commentary Recent research on Old Dominion Freight Line clusters around a higher fair value range, but the reasoning splits between optimism on execution into 2026 and caution on the freight cycle and earnings risk.
YMM
US$9.81
Full Truck Alliance
7D
-0.5%
1Y
-14.8%

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.
UNP
US$229.65
Union Pacific
7D
0.07%
1Y
-7.7%

UNP: Merger Review And Regulatory Overhang Will Set Stage For Future Upside

Analysts have trimmed their Union Pacific fair value estimate slightly to about US$260 from roughly US$260.50. This reflects a lower blended Street price target as some factor in cautious views on the proposed Norfolk Southern merger, softer freight trends, a modestly higher discount rate, and only small changes to long term growth, margin, and P/E assumptions.