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

U.S. Transportation Industry Analysis

UpdatedJul 21, 2026
DataAggregated Company Financials
Companies48
  • 7D0.7%
  • 3M7.5%
  • 1Y14.2%
  • YTD14.5%

Over the last 7 days, the Transportation industry has remained flat. The past year has been better, since the industry has gained 14% in that time. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jul 2026US$721.8bUS$236.6bUS$27.1b39.7x26.6x3.1x
Thu, 18 Jun 2026US$686.3bUS$236.1bUS$27.1b38.8x25.4x2.9x
Sat, 16 May 2026US$668.9bUS$235.0bUS$27.7b39.7x24.2x2.8x
Mon, 13 Apr 2026US$635.4bUS$232.1bUS$29.3b40.2x21.7x2.7x
Wed, 11 Mar 2026US$638.0bUS$231.1bUS$29.1b34.4x21.9x2.8x
Fri, 06 Feb 2026US$648.9bUS$230.7bUS$26.4b40.8x24.6x2.8x
Sun, 04 Jan 2026US$630.5bUS$228.4bUS$33.3b31.5x18.9x2.8x
Tue, 02 Dec 2025US$628.6bUS$228.0bUS$33.3b27.6x18.9x2.8x
Thu, 30 Oct 2025US$642.7bUS$224.0bUS$29.2b25.8x22x2.9x
Sat, 27 Sep 2025US$657.0bUS$223.6bUS$29.7b23.5x22.1x2.9x
Mon, 25 Aug 2025US$652.1bUS$222.6bUS$30.2b28x21.6x2.9x
Wed, 23 Jul 2025US$636.2bUS$219.7bUS$29.8b25.9x21.4x2.9x
Fri, 20 Jun 2025US$596.1bUS$219.0bUS$29.6b25.7x20.2x2.7x
Sun, 18 May 2025US$626.3bUS$218.8bUS$29.6b27.3x21.2x2.9x
Tue, 15 Apr 2025US$541.4bUS$216.7bUS$26.5b25x20.4x2.5x
Thu, 13 Mar 2025US$580.5bUS$216.4bUS$27.3b27.2x21.3x2.7x
Sat, 08 Feb 2025US$617.0bUS$215.5bUS$27.3b29.3x22.6x2.9x
Mon, 06 Jan 2025US$590.9bUS$213.3bUS$21.8b30.2x27.1x2.8x
Wed, 04 Dec 2024US$651.7bUS$213.5bUS$21.9b30.4x29.8x3.1x
Fri, 01 Nov 2024US$613.9bUS$222.4bUS$20.3b31x30.2x2.8x
Sun, 29 Sep 2024US$626.2bUS$220.8bUS$17.2b30.2x36.3x2.8x
Tue, 27 Aug 2024US$614.0bUS$220.1bUS$17.0b28.5x36.1x2.8x
Thu, 25 Jul 2024US$586.5bUS$216.7bUS$16.6b27.5x35.4x2.7x
Sat, 22 Jun 2024US$578.1bUS$217.0bUS$16.7b25x34.7x2.7x
Mon, 20 May 2024US$591.4bUS$216.2bUS$16.7b25.7x35.4x2.7x
Wed, 17 Apr 2024US$618.3bUS$214.9bUS$18.2b22.8x34x2.9x
Fri, 15 Mar 2024US$647.0bUS$212.8bUS$17.5b22.5x36.9x3x
Sun, 11 Feb 2024US$624.3bUS$212.9bUS$16.6b24.8x37.6x2.9x
Tue, 09 Jan 2024US$566.0bUS$216.1bUS$16.9b21.6x33.4x2.6x
Thu, 07 Dec 2023US$557.1bUS$216.1bUS$16.8b21.5x33.2x2.6x
Sat, 04 Nov 2023US$500.8bUS$214.5bUS$14.9b19.1x33.7x2.3x
Mon, 02 Oct 2023US$500.7bUS$217.5bUS$16.6b14.3x30.2x2.3x
Wed, 30 Aug 2023US$521.6bUS$214.3bUS$13.8b15.1x37.9x2.4x
Fri, 28 Jul 2023US$545.8bUS$214.6bUS$11.7b13.3x46.7x2.5x
Price to Earnings Ratio

46.7x


Total Market Cap: US$545.8bTotal Earnings: US$11.7bTotal Revenue: US$214.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Transportation Industry Price to Earnings3Y Average 28.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Transportation industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 28.1x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Transportation industry have grown 32% per year over the last three years.
  • Revenues for these companies have grown 3.3% 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 Market-1.36%
Industrials-1.36%
Transportation0.70%
Cargo Ground Transportation1.99%
Railroads1.99%
Trucking-2.88%
Industry PE
  • Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 34.7x.
    • Analysts are expecting annual earnings growth of 27.2%, 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 40.0x.
Forecasted Growth
  • Analysts are most optimistic on the Cargo Ground Transportation industry, expecting annual earnings growth of 27% 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 7.9% 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
UNP Union PacificUS$296.252.5%
+US$4.2b		31.2%PE24.4x
NSC Norfolk SouthernUS$334.972.3%
+US$1.7b		20.8%PE28.2x
CSX CSXUS$50.110.9%
+US$873.3m		45.8%PE30.5x
YMM Full Truck AllianceUS$9.257.9%
+US$705.5m		-23.3%PE15.7x
ODFL Old Dominion Freight LineUS$231.761.4%
+US$655.1m		38.9%PE47.8x

Latest News

ENRD
US$4.88
Einride
7D
-22.0%
1Y
n/a
LIME
US$25.02
Neutron Holdings
7D
-3.2%
1Y
n/a
Seeking Alpha • Jul 20

Neutron Holdings: Rapid Growth, Compelling Path To Profitability

Summary I am initiating Neutron Holdings with a buy rating, citing strong growth, healthy unit economics, and secular urbanization tailwinds. LIME reported 29% y/y revenue growth to $887M in 2025, with Q1'26 revenue up 32% y/y and 3.8M monthly active users (+21% y/y). Adjusted EBITDA margin reached 24.6% in FY25, with free cash flow of $103.8M and a one-year payback period on fleet investments. At an EV/EBITDA multiple of 7.3x FY26 and 16.9x EV/FCF, LIME offers an attractive entry amid manageable risks from capex intensity, Uber dependence, and regulation. Read the full article on Seeking Alpha
JBHT
US$290.61
J.B. Hunt Transport Services
7D
2.7%
1Y
96.9%
Analysis Article • Jul 19

J.B. Hunt Transport Services, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

As you might know, J.B. Hunt Transport Services, Inc. ( NASDAQ:JBHT ) just kicked off its latest quarterly results with...
GRAB
US$3.62
Grab Holdings
7D
-8.1%
1Y
-32.3%
Narrative Update • Jul 18

GRAB: Superbank And Stash Acquisition Will Reshape Medium Term Profitability Profile

Analysts have trimmed the average price target for Grab Holdings to $7.41 from $7.60, reflecting a mix of recent target cuts and increases, as firms weigh updated revenue, margin and P/E assumptions alongside views on growth momentum and contributions from assets like Superbank. Analyst Commentary Recent street research on Grab Holdings shows a split picture, with some firms cutting targets while bullish analysts highlight potential upside tied to execution on guidance, contributions from Superbank and expectations around upcoming results.
LYFT
US$15.43
Lyft
7D
-1.5%
1Y
4.5%
CSX
US$50.11
CSX
7D
0.9%
1Y
45.8%
UNP
US$296.25
Union Pacific
7D
2.5%
1Y
31.2%
FIP
US$4.09
FTAI Infrastructure
7D
-8.9%
1Y
-41.3%
LSTR
US$211.17
Landstar System
7D
-0.8%
1Y
55.5%
UBER
US$72.17
Uber Technologies
7D
-2.8%
1Y
-20.8%
ODFL
US$231.76
Old Dominion Freight Line
7D
1.4%
1Y
38.9%
Narrative Update • Jul 16

ODFL: Tightening Freight Capacity Will Test Rich Market Pricing

Analysts have raised the fair value estimate for Old Dominion Freight Line from $123.18 to $176.42. They attribute the higher price targets to tighter freight capacity, improving industrial production, and expectations for steadier demand in less-than-truckload shipping.
UHAL
US$70.89
U-Haul Holding
7D
4.1%
1Y
14.7%
NSC
US$334.97
Norfolk Southern
7D
2.3%
1Y
20.8%
Narrative Update • Jul 15

NSC: Tighter Trucking Capacity And Merger Timeline Will Guide Future Appeal

Norfolk Southern's analyst fair value estimate has increased by about $8 to roughly $342 per share, as analysts factor in updated price targets that reflect tighter trucking capacity, a healthier freight pricing backdrop, and revised earnings models across the rail group. Analyst Commentary Recent Street research on Norfolk Southern points to a mixed but generally constructive stance, with many firms updating their models and price targets to reflect tighter trucking capacity, evolving freight demand, and revised long term earnings expectations across the rail group.
RXO
US$28.87
RXO
7D
6.6%
1Y
78.9%
Narrative Update • Jul 15

RXO: Tightening Truckload Cycle Will Drive Freight Brokerage Upside Potential

Analysts have raised the RXO fair value estimate to $35.00 from $29.00. The revised estimate reflects updated views that sector forecasts, tighter truckload capacity, and improving freight demand support higher revenue growth assumptions, even as margin expectations and the implied future P/E move lower.
YMM
US$9.25
Full Truck Alliance
7D
7.9%
1Y
-23.3%
Narrative Update • Jul 14

YMM: Reset Expectations And 30-Day Catalyst Watch Will Drive Bullish Repricing

Full Truck Alliance's analyst price target has been revised to $16.17 from $16.77, as analysts attribute the change to a lower assumed future P/E multiple, along with slightly stronger modeled revenue growth and profit margins following recent upgrades and new coverage. Analyst Commentary Recent research coverage on Full Truck Alliance shows a cluster of bullish opinions, with several banks raising ratings, setting new price targets, and highlighting potential upside after recent share price weakness and earnings forecast resets.
SAIA
US$428.02
Saia
7D
-0.9%
1Y
48.7%
Narrative Update • Jul 07

SAIA: Freight Upcycle And Network Investments Will Support Future Margins

Saia's updated analyst price target has moved from $500 to $550. This reflects analysts' use of higher revenue growth assumptions, a slightly higher discount rate, a modestly lower profit margin outlook, and a higher future P/E multiple informed by a series of recent target increases across the freight and less than truckload peer group.