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U.S. Industrials Sector Analysis

UpdatedJul 22, 2025
DataAggregated Company Financials
Companies1023
  • 7D-0.3%
  • 3M21.4%
  • 1Y15.9%
  • YTD12.1%

Last week, the Industrials industry hasn't moved much but Eaton is up 3.7% in that time. As for the the longer term, the industry is up 16% over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Jul 2025US$6.2tUS$2.7tUS$206.1b23.8x29.9x2.3x
Thu, 19 Jun 2025US$5.8tUS$2.7tUS$205.1b22.5x28.2x2.1x
Sat, 17 May 2025US$5.8tUS$2.7tUS$205.8b23.1x28x2.1x
Mon, 14 Apr 2025US$5.1tUS$2.7tUS$203.5b19.9x25x1.9x
Wed, 12 Mar 2025US$5.4tUS$2.7tUS$203.0b21.1x26.4x2x
Fri, 07 Feb 2025US$5.7tUS$2.7tUS$208.2b24.3x27.6x2.1x
Sun, 05 Jan 2025US$5.6tUS$2.7tUS$197.7b23.8x28.3x2.1x
Tue, 03 Dec 2024US$6.1tUS$2.7tUS$197.2b25.1x30.8x2.2x
Thu, 31 Oct 2024US$5.7tUS$2.7tUS$189.7b23.4x30x2.1x
Sat, 28 Sep 2024US$5.6tUS$2.7tUS$179.6b23x31.3x2.1x
Mon, 26 Aug 2024US$5.4tUS$2.7tUS$179.6b22.6x30x2x
Wed, 24 Jul 2024US$5.4tUS$2.7tUS$169.9b22.9x31.5x2x
Fri, 21 Jun 2024US$5.2tUS$2.7tUS$170.5b21.2x30.4x1.9x
Sun, 19 May 2024US$5.3tUS$2.7tUS$171.4b22.7x31x2x
Tue, 16 Apr 2024US$5.2tUS$2.7tUS$173.8b22.5x30x1.9x
Thu, 14 Mar 2024US$5.2tUS$2.7tUS$172.0b23x30.2x2x
Sat, 10 Feb 2024US$5.0tUS$2.7tUS$173.3b22.5x28.7x1.9x
Mon, 08 Jan 2024US$4.8tUS$2.7tUS$182.9b20.8x26.3x1.8x
Wed, 06 Dec 2023US$4.7tUS$2.7tUS$182.5b19.7x25.8x1.7x
Fri, 03 Nov 2023US$4.3tUS$2.7tUS$180.6b17.3x23.5x1.6x
Sun, 01 Oct 2023US$4.4tUS$2.7tUS$192.2b17.9x22.9x1.6x
Tue, 29 Aug 2023US$4.6tUS$2.7tUS$189.4b18.7x24.1x1.7x
Thu, 27 Jul 2023US$4.7tUS$2.7tUS$183.3b18.4x25.6x1.7x
Sat, 24 Jun 2023US$4.4tUS$2.7tUS$184.5b17.6x24x1.7x
Mon, 22 May 2023US$4.3tUS$2.7tUS$183.9b17x23.1x1.6x
Wed, 19 Apr 2023US$4.3tUS$2.6tUS$166.9b18.2x25.7x1.6x
Fri, 17 Mar 2023US$4.0tUS$2.6tUS$159.2b17.9x24.9x1.5x
Sun, 12 Feb 2023US$4.2tUS$2.5tUS$160.6b19.2x25.9x1.6x
Tue, 10 Jan 2023US$4.0tUS$2.5tUS$153.1b17.9x26.4x1.6x
Thu, 08 Dec 2022US$4.0tUS$2.5tUS$154.0b17.8x26.1x1.6x
Sat, 05 Nov 2022US$3.9tUS$2.5tUS$158.0b17.1x24.5x1.6x
Mon, 03 Oct 2022US$3.4tUS$2.4tUS$146.7b15.3x23.5x1.4x
Wed, 31 Aug 2022US$3.8tUS$2.4tUS$146.3b17.2x26.2x1.6x
Fri, 29 Jul 2022US$3.7tUS$2.3tUS$142.9b17.4x26.1x1.6x
Price to Earnings Ratio

26.1x


Total Market Cap: US$3.7tTotal Earnings: US$142.9bTotal Revenue: US$2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrials Sector Price to Earnings3Y Average 27.1x202320242025
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 29.9x which is higher than its 3-year average PE of 27.1x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 4.7% 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 sector?

US Market0.78%
Industrials-0.27%
Airlines2.56%
Electrical1.88%
Construction0.86%
Aerospace & Defense0.30%
Infrastructure-0.10%
Professional Services-0.40%
Building-0.69%
Machinery-0.74%
Commercial Services-0.97%
Transportation-1.07%
Trade Distributors-1.11%
Logistics-1.73%
Industrials-1.84%
Marine and Shipping-2.31%
Industry PE
  • Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 51.5x.
    • Analysts are expecting annual earnings growth of 18.1%, which is higher than its past year's earnings decline of 7.9% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 15.1x.
Forecasted Growth
  • Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 66% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings grow by 2.3% 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
ETN EatonUS$373.663.7%
+US$5.2b		16.7%PE37.1x
JOBY Joby AviationUS$16.8433.3%
+US$3.5b		160.3%PS127665.4x
NSC Norfolk SouthernUS$277.385.5%
+US$3.3b		21.6%PE18.9x
RTX RTXUS$151.561.5%
+US$3.0b		46.1%PE44x
GEV GE VernovaUS$565.912.0%
+US$3.0b		239.4%PE79.8x

Latest News

JOBY
US$16.84
Joby Aviation
7D
33.3%
1Y
160.3%
UNP
US$225.85
Union Pacific
7D
-3.2%
1Y
-7.2%

Union Pacific's (NYSE:UNP) Upcoming Dividend Will Be Larger Than Last Year's

Jul 21
Union Pacific's (NYSE:UNP) Upcoming Dividend Will Be Larger Than Last Year's
MMM
US$152.82
3M
7D
-3.2%
1Y
45.6%
CAT
US$410.07
Caterpillar
7D
1.1%
1Y
17.9%
NSC
US$277.38
Norfolk Southern
7D
5.5%
1Y
21.6%
RTX
US$151.56
RTX
7D
1.5%
1Y
46.1%
ETN
US$373.66
Eaton
7D
3.7%
1Y
16.7%
FDX
US$225.73
FedEx
7D
-3.5%
1Y
-26.6%
UBER
US$91.16
Uber Technologies
7D
-2.9%
1Y
34.6%
RKLB
US$47.19
Rocket Lab
7D
9.2%
1Y
783.7%
GEV
US$565.91
GE Vernova
7D
2.0%
1Y
239.4%
PWR
US$398.66
Quanta Services
7D
3.0%
1Y
48.9%
URI
US$778.02
United Rentals
7D
-3.8%
1Y
5.4%
DE
US$496.24
Deere
7D
-2.2%
1Y
30.8%
LMT
US$460.53
Lockheed Martin
7D
-2.8%
1Y
-3.0%
GD
US$297.05
General Dynamics
7D
-2.6%
1Y
2.0%