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U.S. Industrials Sector Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies978
- 7D3.0%
- 3M11.8%
- 1Y33.8%
- YTD26.3%
Over the last 7 days, the Industrials industry has risen 3.0%, driven by gains from Deere of 12%. This takes the industry's 12 month performance to a gain of 34%. Earnings are forecast to grow by 14% annually.
Sector Valuation and Performance
Has the U.S. Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | US$6.0t | US$2.7t | US$197.3b | 24.5x | 30.6x | 2.2x |
| Tue, 22 Oct 2024 | US$5.8t | US$2.7t | US$180.3b | 24.1x | 32.3x | 2.1x |
| Thu, 19 Sep 2024 | US$5.5t | US$2.7t | US$180.0b | 22.4x | 30.5x | 2x |
| Sat, 17 Aug 2024 | US$5.3t | US$2.7t | US$178.6b | 22x | 29.7x | 2x |
| Mon, 15 Jul 2024 | US$5.3t | US$2.7t | US$169.7b | 22.4x | 31x | 2x |
| Wed, 12 Jun 2024 | US$5.2t | US$2.7t | US$170.1b | 21.2x | 30.4x | 1.9x |
| Fri, 10 May 2024 | US$5.3t | US$2.7t | US$172.1b | 22.6x | 30.6x | 1.9x |
| Sun, 07 Apr 2024 | US$5.3t | US$2.7t | US$173.6b | 23.6x | 30.5x | 2x |
| Tue, 05 Mar 2024 | US$5.2t | US$2.7t | US$172.2b | 23.5x | 30x | 1.9x |
| Thu, 01 Feb 2024 | US$5.0t | US$2.7t | US$178.1b | 21.2x | 27.8x | 1.8x |
| Sat, 30 Dec 2023 | US$5.0t | US$2.7t | US$183.1b | 21.5x | 27x | 1.8x |
| Mon, 27 Nov 2023 | US$4.6t | US$2.7t | US$182.2b | 19.5x | 25.1x | 1.7x |
| Wed, 25 Oct 2023 | US$4.3t | US$2.7t | US$192.8b | 17.3x | 22x | 1.6x |
| Fri, 22 Sep 2023 | US$4.4t | US$2.7t | US$189.6b | 17.9x | 23.2x | 1.6x |
| Sun, 20 Aug 2023 | US$4.5t | US$2.7t | US$178.8b | 18.5x | 25.4x | 1.7x |
| Tue, 18 Jul 2023 | US$4.6t | US$2.7t | US$186.5b | 18.5x | 24.9x | 1.7x |
| Thu, 15 Jun 2023 | US$4.5t | US$2.7t | US$182.8b | 18.2x | 24.4x | 1.7x |
| Sat, 13 May 2023 | US$4.2t | US$2.7t | US$184.3b | 17.3x | 22.8x | 1.6x |
| Mon, 10 Apr 2023 | US$4.2t | US$2.6t | US$166.5b | 18.1x | 24.9x | 1.6x |
| Wed, 08 Mar 2023 | US$4.1t | US$2.6t | US$162.6b | 18.9x | 25.5x | 1.6x |
| Fri, 03 Feb 2023 | US$4.2t | US$2.5t | US$161.4b | 19.5x | 26.2x | 1.7x |
| Sun, 01 Jan 2023 | US$4.0t | US$2.5t | US$153.2b | 17.5x | 25.9x | 1.6x |
| Tue, 29 Nov 2022 | US$4.0t | US$2.5t | US$153.8b | 17.7x | 26.2x | 1.6x |
| Thu, 27 Oct 2022 | US$3.8t | US$2.4t | US$153.8b | 16.9x | 24.5x | 1.5x |
| Sat, 24 Sep 2022 | US$3.5t | US$2.4t | US$146.6b | 15.5x | 23.9x | 1.5x |
| Mon, 22 Aug 2022 | US$4.0t | US$2.4t | US$145.6b | 18x | 27.8x | 1.7x |
| Wed, 20 Jul 2022 | US$3.6t | US$2.3t | US$144.0b | 16.2x | 24.8x | 1.5x |
| Fri, 17 Jun 2022 | US$3.5t | US$2.3t | US$144.9b | 16x | 24.1x | 1.5x |
| Sun, 15 May 2022 | US$3.8t | US$2.3t | US$145.7b | 17.4x | 26.2x | 1.7x |
| Tue, 12 Apr 2022 | US$4.1t | US$2.2t | US$148.8b | 19.6x | 27.8x | 1.8x |
| Thu, 10 Mar 2022 | US$4.2t | US$2.2t | US$153.4b | 20.9x | 27.6x | 1.9x |
| Sat, 05 Feb 2022 | US$4.3t | US$2.2t | US$139.3b | 21.5x | 30.6x | 1.9x |
| Mon, 03 Jan 2022 | US$4.6t | US$2.2t | US$134.4b | 24.2x | 34.2x | 2.1x |
| Wed, 01 Dec 2021 | US$4.4t | US$2.1t | US$142.6b | 23.2x | 31.1x | 2.1x |
Price to Earnings Ratio
31.1x
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 30.6x which is higher than its 3-year average PE of 27.3x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 8.1% 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 | 2.21% | |
| Industrials | 3.03% | |
| Construction | 5.85% | |
| Electrical | 5.72% | |
| Machinery | 4.36% | |
| Commercial Services | 4.04% | |
| Trade Distributors | 3.27% | |
| Building | 2.75% | |
| Professional Services | 2.66% | |
| Aerospace & Defense | 2.48% | |
| Transportation | 1.21% | |
| Logistics | 0.28% | |
| Airlines | 0.21% | |
| Industrials | -0.53% | |
| Infrastructure | -1.95% | |
| Marine and Shipping | -3.56% | |
Industry PE
- Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 45.5x.
- Analysts are expecting annual earnings growth of 18.4%, which is higher than its past year's earnings growth of 4.7% per year.
- Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 14.9x.
Forecasted Growth
- Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 26% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 3.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DE Deere | US$446.65 | 12.0% +US$13.1b | 20.7% | PE17.2x | |
| ETN Eaton | US$377.41 | 5.1% +US$7.3b | 65.0% | PE39.6x | |
| VRT Vertiv Holdings Co | US$140.15 | 16.0% +US$7.2b | 228.4% | PE90.5x | |
| BA Boeing | US$149.29 | 6.5% +US$6.8b | -32.1% | PS1.5x | |
| CAT Caterpillar | US$397.49 | 3.5% +US$6.5b | 60.7% | PE18x |