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U.S. Industrials Sector Analysis

UpdatedFeb 06, 2023
DataAggregated Company Financials
Companies1073
  • 7D2.4%
  • 3M7.8%
  • 1Y1.1%
  • YTD6.5%

In the last week, the Industrials industry is up 2.4%, with United Parcel Service up 8.3%. Meanwhile, Caterpillar actually underperformed within the industry, shrinking 5.3% in the last week. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 13% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 06 Feb 2023US$4.2tUS$2.5tUS$161.1b19.3x26.1x1.7x
Wed, 04 Jan 2023US$4.0tUS$2.5tUS$153.2b17.4x25.9x1.6x
Fri, 02 Dec 2022US$4.1tUS$2.5tUS$154.0b18x26.8x1.6x
Sun, 30 Oct 2022US$3.9tUS$2.5tUS$155.8b17.2x24.9x1.6x
Tue, 27 Sep 2022US$3.5tUS$2.4tUS$146.4b15.2x23.7x1.4x
Thu, 25 Aug 2022US$4.0tUS$2.4tUS$145.6b17.9x27.4x1.7x
Sat, 23 Jul 2022US$3.7tUS$2.3tUS$143.4b16.9x26.1x1.6x
Mon, 20 Jun 2022US$3.5tUS$2.3tUS$145.0b16.1x24.1x1.5x
Wed, 18 May 2022US$3.8tUS$2.3tUS$145.7b17.7x26.1x1.6x
Fri, 15 Apr 2022US$4.2tUS$2.2tUS$149.1b19.7x27.9x1.9x
Sun, 13 Mar 2022US$4.2tUS$2.2tUS$155.0b20.6x26.9x1.9x
Tue, 08 Feb 2022US$4.3tUS$2.2tUS$139.3b21.5x30.6x1.9x
Thu, 06 Jan 2022US$4.6tUS$2.2tUS$134.2b24.2x34.6x2.2x
Sat, 04 Dec 2021US$4.4tUS$2.1tUS$142.7b23.6x31.2x2.1x
Mon, 01 Nov 2021US$4.5tUS$2.1tUS$136.1b24.7x33.3x2.1x
Wed, 29 Sep 2021US$4.3tUS$2.1tUS$123.8b25x35x2.1x
Fri, 27 Aug 2021US$4.5tUS$2.1tUS$122.7b25.3x36.5x2.2x
Sat, 03 Jul 2021US$4.4tUS$2.0tUS$121.1b24.6x36.6x2.2x
Tue, 06 Apr 2021US$4.1tUS$1.9tUS$86.4b29x47.6x2.2x
Fri, 08 Jan 2021US$3.6tUS$1.8tUS$67.5b26.2x52.7x2x
Thu, 01 Oct 2020US$3.2tUS$1.9tUS$74.4b21.9x42.4x1.7x
Sun, 05 Jul 2020US$2.8tUS$1.9tUS$82.5b20.2x34.3x1.5x
Wed, 08 Apr 2020US$2.4tUS$2.0tUS$110.0b14.3x21.6x1.2x
Price to Earnings Ratio

24.1x


Total Market Cap: US$2.9tTotal Earnings: US$119.7bTotal Revenue: US$2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrials Sector Price to Earnings3Y Average 34.2x202120222023
Current Industry PE
  • Investors are pessimistic on the American Industrials 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 26.1x which is lower than its 3-year average PE of 34.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 7.8% 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 Market1.73%
Industrials2.42%
Trade Distributors7.14%
Logistics6.30%
Marine and Shipping5.92%
Transportation5.28%
Building4.24%
Airlines3.14%
Electrical2.37%
Professional Services2.12%
Machinery1.52%
Commercial Services1.24%
Construction1.08%
Infrastructure0.44%
Aerospace & Defense-0.36%
Industrials-1.09%
Industry PE
  • Investors are most optimistic about the Transportation industry, which is trading close to its 3-year average PE ratio of 172x.
    • Analysts are expecting annual earnings growth of 14.6%, which is lower than the prior year's growth of 29.2% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 1.0x.
Forecasted Growth
  • Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 64% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings decline by 25% 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
UPS United Parcel ServiceUS$191.668.3%
+US$12.7b
-14.8%PE14.4x
FDX FedExUS$214.6716.6%
+US$7.7b
-11.9%PE16.3x
UBER Uber TechnologiesUS$33.0911.7%
+US$6.9b
-11.9%PS2.3x
UNP Union PacificUS$210.295.0%
+US$6.5b
-12.8%PE19.3x
ODFL Old Dominion Freight LineUS$371.0115.3%
+US$5.4b
21.3%PE29.8x
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Latest News

WM

US$151.06

Waste Management

7D

-1.3%

1Y

4.1%

FDX

US$214.67

FedEx

7D

16.6%

1Y

-11.9%

UPS

US$191.66

United Parcel Service

7D

8.3%

1Y

-14.8%

GWW

US$675.81

W.W. Grainger

7D

17.5%

1Y

41.3%

RTX

US$96.48

Raytheon Technologies

7D

-2.3%

1Y

2.6%

CNHI

US$16.11

CNH Industrial

7D

-8.6%

1Y

8.5%

CAT

US$247.76

Caterpillar

7D

-5.3%

1Y

24.0%

HON

US$202.69

Honeywell International

7D

-1.5%

1Y

5.3%

ODFL

US$371.01

Old Dominion Freight Line

7D

15.3%

1Y

21.3%

JCI

US$65.72

Johnson Controls International

7D

-3.7%

1Y

-1.4%

CSX

US$32.27

CSX

7D

8.0%

1Y

-4.1%