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U.S. Industrials Sector Analysis

UpdatedJun 12, 2026
DataAggregated Company Financials
Companies1063
  • 7D-1.0%
  • 3M7.9%
  • 1Y24.5%
  • YTD11.5%

Last week, the Industrials industry hasn't moved much but Lockheed Martin is up 5.7% in that time. The past year has been better, since the industry has gained 24% in that time. Looking forward, earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

Has the U.S. Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Jun 2026US$7.4tUS$2.9tUS$219.3b26.2x33.7x2.5x
Sun, 10 May 2026US$7.6tUS$2.9tUS$220.4b26.3x34.3x2.6x
Tue, 07 Apr 2026US$7.0tUS$2.8tUS$215.7b24.2x32.3x2.5x
Thu, 05 Mar 2026US$7.4tUS$2.9tUS$211.3b26.1x35.1x2.6x
Sat, 31 Jan 2026US$7.1tUS$2.9tUS$213.8b25.6x33.2x2.5x
Mon, 29 Dec 2025US$6.5tUS$2.7tUS$210.3b24.7x31x2.4x
Wed, 26 Nov 2025US$6.2tUS$2.7tUS$209.9b24.3x29.6x2.3x
Fri, 24 Oct 2025US$6.3tUS$2.7tUS$210.7b25.8x30.1x2.3x
Sun, 21 Sep 2025US$6.3tUS$2.7tUS$208.5b24.8x30.3x2.3x
Tue, 19 Aug 2025US$6.2tUS$2.7tUS$209.4b24.9x29.4x2.3x
Thu, 17 Jul 2025US$6.1tUS$2.7tUS$206.3b23.7x29.5x2.3x
Sat, 14 Jun 2025US$5.8tUS$2.7tUS$205.1b22.3x28.4x2.2x
Mon, 12 May 2025US$5.5tUS$2.7tUS$206.4b21.6x26.7x2x
Wed, 09 Apr 2025US$4.8tUS$2.7tUS$203.3b18.5x23.5x1.8x
Fri, 07 Mar 2025US$5.5tUS$2.7tUS$204.0b21.3x26.8x2x
Sun, 02 Feb 2025US$5.8tUS$2.7tUS$202.4b24.2x28.6x2.2x
Tue, 31 Dec 2024US$5.6tUS$2.7tUS$197.9b23.5x28.2x2.1x
Thu, 28 Nov 2024US$6.1tUS$2.7tUS$197.0b24.8x30.9x2.2x
Sat, 26 Oct 2024US$5.7tUS$2.7tUS$188.5b23.4x30.2x2.1x
Mon, 23 Sep 2024US$5.5tUS$2.7tUS$179.5b22.5x30.9x2.1x
Wed, 21 Aug 2024US$5.3tUS$2.7tUS$179.3b22x29.7x2x
Fri, 19 Jul 2024US$5.4tUS$2.7tUS$169.9b22.6x31.5x2x
Sun, 16 Jun 2024US$5.1tUS$2.7tUS$170.1b20.9x30x1.9x
Tue, 14 May 2024US$5.3tUS$2.7tUS$171.4b23.1x30.9x2x
Thu, 11 Apr 2024US$5.3tUS$2.7tUS$173.5b22.8x30.7x2x
Sat, 09 Mar 2024US$5.2tUS$2.7tUS$172.6b23.1x30x1.9x
Mon, 05 Feb 2024US$5.0tUS$2.7tUS$175.3b21.6x28.5x1.8x
Wed, 03 Jan 2024US$4.9tUS$2.7tUS$182.9b21.4x26.8x1.8x
Fri, 01 Dec 2023US$4.6tUS$2.7tUS$182.5b19.2x25x1.7x
Sun, 29 Oct 2023US$4.2tUS$2.7tUS$182.7b16.8x22.8x1.5x
Tue, 26 Sep 2023US$4.4tUS$2.7tUS$189.4b17.9x23.3x1.6x
Thu, 24 Aug 2023US$4.6tUS$2.7tUS$189.3b18.8x24.2x1.7x
Sat, 22 Jul 2023US$4.7tUS$2.7tUS$188.0b18.1x24.9x1.7x
Mon, 19 Jun 2023US$4.5tUS$2.7tUS$182.7b18.5x24.7x1.7x
Price to Earnings Ratio

24.7x


Total Market Cap: US$4.5tTotal Earnings: US$182.7bTotal Revenue: US$2.7tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrials Sector Price to Earnings3Y Average 29x202420252026
Current Industry PE
  • Investors are optimistic on the American Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.7x which is higher than its 3-year average PE of 29.0x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 6.3% per year over the last three years.
  • Revenues for these companies have grown 2.9% 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 sector?

US Market-2.36%
Industrials-0.96%
Airlines3.46%
Aerospace & Defense1.94%
Industrials1.61%
Marine and Shipping1.19%
Logistics1.18%
Transportation0.82%
Commercial Services0.60%
Infrastructure0.55%
Trade Distributors-0.11%
Building-0.52%
Machinery-1.40%
Professional Services-3.17%
Construction-5.18%
Electrical-6.49%
Industry PE
  • Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 37.8x.
    • Analysts are expecting annual earnings growth of 24.3%, which is lower than the prior year's growth of 33.2% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 16.7x.
Forecasted Growth
  • Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 24% over the next 5 years.
  • However this is lower than its past earnings growth rate of 33% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings grow by 2.7% 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
LMT Lockheed MartinUS$548.685.7%
+US$6.8b		16.9%PE26.4x
RTX RTXUS$184.212.7%
+US$6.5b		30.7%PE34.2x
HWM Howmet AerospaceUS$264.606.1%
+US$6.1b		54.3%PE60.7x
GE General ElectricUS$332.761.6%
+US$5.3b		38.7%PE40.5x
GD General DynamicsUS$358.865.1%
+US$4.7b		28.2%PE22.3x

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