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U.S. Transportation Industry Analysis

UpdatedJun 03, 2026
DataAggregated Company Financials
Companies50
  • 7D0.9%
  • 3M1.4%
  • 1Y15.8%
  • YTD8.4%

The Transportation industry has stayed flat over the last week. The past year has been better, since the industry has gained 16% in that time. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 03 Jun 2026US$698.9bUS$235.3bUS$27.6b41.8x25.3x3x
Fri, 01 May 2026US$666.1bUS$232.6bUS$29.3b41x22.7x2.9x
Sun, 29 Mar 2026US$601.1bUS$231.7bUS$29.3b34.3x20.5x2.6x
Tue, 24 Feb 2026US$664.4bUS$230.9bUS$29.1b36x22.8x2.9x
Thu, 22 Jan 2026US$623.8bUS$228.5bUS$33.3b33.7x18.7x2.7x
Sat, 20 Dec 2025US$625.8bUS$228.1bUS$33.3b31.1x18.8x2.7x
Mon, 17 Nov 2025US$625.8bUS$227.2bUS$33.0b26.2x18.9x2.8x
Wed, 15 Oct 2025US$643.2bUS$223.6bUS$29.7b24.4x21.7x2.9x
Fri, 12 Sep 2025US$631.9bUS$223.6bUS$29.7b24.7x21.3x2.8x
Sun, 10 Aug 2025US$618.7bUS$222.4bUS$30.1b25.2x20.6x2.8x
Tue, 08 Jul 2025US$643.6bUS$219.7bUS$29.8b25.5x21.6x2.9x
Thu, 05 Jun 2025US$595.2bUS$219.1bUS$29.6b24.7x20.1x2.7x
Sat, 03 May 2025US$562.1bUS$216.3bUS$27.0b24.3x20.8x2.6x
Mon, 31 Mar 2025US$577.5bUS$216.3bUS$27.3b26.3x21.2x2.7x
Wed, 26 Feb 2025US$613.6bUS$216.2bUS$27.4b28.1x22.4x2.8x
Fri, 24 Jan 2025US$608.0bUS$213.2bUS$22.0b30x27.6x2.9x
Sun, 22 Dec 2024US$576.9bUS$213.4bUS$21.9b28.4x26.4x2.7x
Tue, 19 Nov 2024US$633.4bUS$213.2bUS$20.9b31.9x30.3x3x
Thu, 17 Oct 2024US$648.9bUS$220.3bUS$17.2b31.9x37.7x2.9x
Sat, 14 Sep 2024US$598.7bUS$220.5bUS$17.2b29.5x34.7x2.7x
Mon, 12 Aug 2024US$585.9bUS$219.7bUS$16.9b26.7x34.7x2.7x
Wed, 10 Jul 2024US$576.8bUS$216.9bUS$16.7b24x34.6x2.7x
Fri, 07 Jun 2024US$572.3bUS$217.0bUS$16.7b25.2x34.3x2.6x
Sun, 05 May 2024US$596.0bUS$214.3bUS$16.9b25.3x35.2x2.8x
Tue, 02 Apr 2024US$639.7bUS$216.5bUS$18.5b23.5x34.7x3x
Thu, 29 Feb 2024US$646.7bUS$212.8bUS$17.5b24.3x37x3x
Sat, 27 Jan 2024US$590.8bUS$215.6bUS$16.3b22.3x36.2x2.7x
Mon, 25 Dec 2023US$586.6bUS$216.2bUS$16.8b21.6x34.9x2.7x
Wed, 22 Nov 2023US$531.9bUS$215.9bUS$16.8b21.2x31.7x2.5x
Fri, 20 Oct 2023US$491.1bUS$216.1bUS$16.1b13.7x30.5x2.3x
Sun, 17 Sep 2023US$515.8bUS$214.3bUS$13.7b14.7x37.6x2.4x
Tue, 15 Aug 2023US$526.8bUS$214.0bUS$13.2b15.5x39.8x2.5x
Thu, 13 Jul 2023US$513.8bUS$217.1bUS$12.9b13.2x39.8x2.4x
Sat, 10 Jun 2023US$477.0bUS$217.2bUS$12.9b13x37x2.2x
Price to Earnings Ratio

37x


Total Market Cap: US$477.0bTotal Earnings: US$12.9bTotal Revenue: US$217.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Transportation Industry Price to Earnings3Y Average 28.7x202420252026
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 25.3x which is lower than its 3-year average PE of 28.7x.
  • 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 29% per year over the last three years.
  • Revenues for these companies have grown 2.7% 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 Market1.22%
Industrials-0.21%
Transportation0.92%
Cargo Ground Transportation5.00%
Trucking2.73%
Railroads-2.36%
Industry PE
  • Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 33.0x.
    • Analysts are expecting annual earnings growth of 22.7%, which is higher than its past year's earnings decline of 20.6% per year.
  • Investors are most pessimistic about the Trucking industry, which is trading below its 3-year average of 38.6x.
Forecasted Growth
  • Analysts are most optimistic on the Cargo Ground Transportation industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 21% per year.
  • In contrast, the Railroads industry is expected to see its earnings grow by 9.2% 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
ODFL Old Dominion Freight LineUS$236.067.6%
+US$3.5b		46.2%PE48.7x
UBER Uber TechnologiesUS$71.691.4%
+US$2.0b		-14.1%PE17.1x
JBHT J.B. Hunt Transport ServicesUS$280.053.4%
+US$865.7m		99.9%PE42.5x
XPO XPOUS$218.692.7%
+US$675.1m		90.3%PE73.8x
KNX Knight-Swift Transportation HoldingsUS$78.275.5%
+US$664.6m		75.2%PE374.2x

Latest News

HTZ
US$5.16
Hertz Global Holdings
7D
-1.9%
1Y
-15.0%
UNP
US$262.13
Union Pacific
7D
-6.2%
1Y
18.7%
UBER
US$71.69
Uber Technologies
7D
1.4%
1Y
-14.1%
GRAB
US$3.41
Grab Holdings
7D
-6.3%
1Y
-32.1%
Narrative Update • Jun 02

GRAB: AI And foodpanda Expansion Will Drive Long Term Upside

Grab Holdings’ updated analyst price target moves from $6.30 to $5.97, reflecting analysts’ recent cuts to fair value and revenue growth assumptions, along with slightly higher discount rate estimates, even as they factor in modestly better profit margin and future P/E expectations. Analyst Commentary Recent Street research on Grab Holdings shows a mix of optimism about long term business drivers and caution around valuation assumptions and execution risk.
XPO
US$218.69
XPO
7D
2.7%
1Y
90.3%
NSC
US$305.11
Norfolk Southern
7D
-6.3%
1Y
23.3%
YMM
US$9.09
Full Truck Alliance
7D
5.6%
1Y
-24.3%
Narrative Update • Jun 02

YMM: Dividend And 30-Day Catalyst Watch Will Support Bullish Repricing

Analysts have modestly lifted the price target on Full Truck Alliance to about $16.77 per share, citing updated assumptions around revenue growth, profitability, discount rate and future P/E. These changes align with a generally constructive tone in recent research, including new coverage, an upgrade and a short term catalyst watch, alongside one Hold downgrade.
KNX
US$78.27
Knight-Swift Transportation Holdings
7D
5.5%
1Y
75.2%
UHAL
US$55.06
U-Haul Holding
7D
5.8%
1Y
-13.0%
JBHT
US$280.05
J.B. Hunt Transport Services
7D
3.4%
1Y
99.9%
New Narrative • May 29

Prefunded Intermodal Capacity And Cost Efficiencies Will Transform Long Term Earnings Power

Catalysts About J.B. Hunt Transport Services J.B. Hunt Transport Services provides transportation and logistics solutions across intermodal, dedicated contract services, truckload, brokerage and final mile delivery. What are the underlying business or industry changes driving this perspective?
SAIA
US$464.49
Saia
7D
-2.0%
1Y
75.2%
Narrative Update • May 26

SAIA: Freight Capacity Tightening Will Eventually Collide With Elevated Earnings Multiple

Saia's fair value estimate has moved modestly higher to $304.23 from $297.25 as analysts factor in slightly stronger revenue growth and profit margins, along with a somewhat lower assumed future P/E multiple and a higher discount rate following a series of recent price target revisions across the Street. Analyst Commentary Recent Street research on Saia has been active, with several firms adjusting price targets both higher and lower and, in some cases, updating ratings.
ODFL
US$236.06
Old Dominion Freight Line
7D
7.6%
1Y
46.2%
CSX
US$46.44
CSX
7D
-1.5%
1Y
45.4%
LSTR
US$215.25
Landstar System
7D
7.1%
1Y
52.2%
FIP
US$4.22
FTAI Infrastructure
7D
-8.9%
1Y
-30.9%
RYDE
US$0.79
Ryde Group
7D
-28.1%
1Y
268.1%