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U.S. Industrials Sector Analysis

UpdatedJul 01, 2026
DataAggregated Company Financials
Companies1059
  • 7D2.6%
  • 3M11.9%
  • 1Y26.0%
  • YTD16.1%

The Industrials is pretty flat in the last 7 days, but GE Vernova has stood out, gaining 14%. As for the the longer term, the industry is up 25% over the past 12 months. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Jul 2026US$7.8tUS$2.9tUS$219.8b26.2x35.7x2.7x
Fri, 29 May 2026US$7.6tUS$2.9tUS$218.7b26.3x35x2.6x
Sun, 26 Apr 2026US$7.5tUS$2.8tUS$220.0b25.7x33.9x2.6x
Tue, 24 Mar 2026US$6.9tUS$2.9tUS$212.5b23.8x32.2x2.4x
Thu, 19 Feb 2026US$7.4tUS$2.8tUS$208.8b27.1x35.6x2.6x
Sat, 17 Jan 2026US$6.9tUS$2.7tUS$209.3b26.1x33x2.5x
Mon, 15 Dec 2025US$6.5tUS$2.7tUS$209.6b25.1x30.9x2.4x
Wed, 12 Nov 2025US$6.4tUS$2.7tUS$211.1b24.5x30.4x2.3x
Fri, 10 Oct 2025US$6.5tUS$2.7tUS$210.1b24.8x30.8x2.4x
Sun, 07 Sep 2025US$6.2tUS$2.7tUS$208.3b25x29.8x2.3x
Tue, 05 Aug 2025US$6.1tUS$2.7tUS$210.2b23.9x29x2.3x
Thu, 03 Jul 2025US$6.0tUS$2.7tUS$205.2b24.1x29.3x2.2x
Sat, 31 May 2025US$5.8tUS$2.7tUS$206.2b22.4x27.9x2.1x
Mon, 28 Apr 2025US$5.2tUS$2.7tUS$204.6b20.7x25.6x1.9x
Wed, 26 Mar 2025US$5.5tUS$2.7tUS$203.2b21.4x26.9x2x
Fri, 21 Feb 2025US$5.8tUS$2.7tUS$209.4b23.1x27.5x2.1x
Sun, 19 Jan 2025US$5.8tUS$2.7tUS$196.4b24.6x29.5x2.1x
Tue, 17 Dec 2024US$5.8tUS$2.7tUS$198.3b24.1x29.2x2.1x
Thu, 14 Nov 2024US$6.0tUS$2.7tUS$194.7b25x30.8x2.2x
Sat, 12 Oct 2024US$5.7tUS$2.7tUS$180.3b23.9x31.5x2.1x
Mon, 09 Sep 2024US$5.2tUS$2.7tUS$179.8b21.1x28.9x1.9x
Wed, 07 Aug 2024US$5.0tUS$2.7tUS$179.8b21.1x28x1.9x
Fri, 05 Jul 2024US$5.1tUS$2.7tUS$170.3b21.5x30.1x1.9x
Sun, 02 Jun 2024US$5.2tUS$2.7tUS$169.9b22.7x30.8x1.9x
Tue, 30 Apr 2024US$5.2tUS$2.7tUS$169.3b22.7x30.7x1.9x
Thu, 28 Mar 2024US$5.3tUS$2.7tUS$172.6b23.6x30.9x2x
Sat, 24 Feb 2024US$5.1tUS$2.7tUS$174.3b23.2x29.2x1.9x
Mon, 22 Jan 2024US$4.9tUS$2.7tUS$184.2b20.7x26.4x1.8x
Wed, 20 Dec 2023US$4.9tUS$2.7tUS$182.7b21.5x26.8x1.8x
Fri, 17 Nov 2023US$4.5tUS$2.7tUS$181.9b19.3x24.8x1.7x
Sun, 15 Oct 2023US$4.4tUS$2.7tUS$192.6b17.8x22.8x1.6x
Tue, 12 Sep 2023US$4.5tUS$2.7tUS$189.3b18.4x24x1.7x
Thu, 10 Aug 2023US$4.7tUS$2.7tUS$189.4b19x24.7x1.7x
Sat, 08 Jul 2023US$4.5tUS$2.7tUS$185.6b17.9x24.4x1.7x
Price to Earnings Ratio

24.4x


Total Market Cap: US$4.5tTotal Earnings: US$185.6bTotal Revenue: US$2.7tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrials Sector Price to Earnings3Y Average 29.2x202420252026
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 35.4x which is higher than its 3-year average PE of 29.2x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 5.8% 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 Market1.92%
Industrials2.63%
Airlines7.18%
Electrical5.56%
Building5.33%
Machinery4.86%
Transportation3.45%
Trade Distributors2.96%
Construction2.83%
Aerospace & Defense2.54%
Professional Services2.26%
Commercial Services2.07%
Logistics0.96%
Marine and Shipping-2.34%
Infrastructure-2.59%
Industrials-31.34%
Industry PE
  • Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 38.1x.
    • Analysts are expecting annual earnings growth of 24.6%, 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 16.9x.
Forecasted Growth
  • Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 25% 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 growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
GEV GE VernovaUS$1.17k13.5%
+US$37.6b		132.2%PE33.7x
CAT CaterpillarUS$1.06k8.2%
+US$37.2b		172.4%PE52x
GE General ElectricUS$373.734.8%
+US$18.0b		50.1%PE45.5x
DE DeereUS$634.337.2%
+US$11.4b		24.8%PE35.8x
AXON Axon EnterpriseUS$560.6129.5%
+US$10.3b		-27.7%PE219.4x

Latest News

AXON
US$560.61
Axon Enterprise
7D
29.5%
1Y
-27.7%
BWXT
US$194.65
BWX Technologies
7D
-7.3%
1Y
38.7%
HON
US$223.90
Honeywell International
7D
-50.8%
1Y
-53.2%
GE
US$373.73
General Electric
7D
4.8%
1Y
50.1%
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BE
US$302.70
Bloom Energy
7D
-6.0%
1Y
1,267.8%
CAR
US$147.83
Avis Budget Group
7D
-22.4%
1Y
-14.0%
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VRT
US$334.82
Vertiv Holdings Co
7D
5.2%
1Y
173.2%
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FDXF
US$151.00
FedEx Freight Holding Company
7D
-9.3%
1Y
n/a
CAT
US$1,064.90
Caterpillar
7D
8.2%
1Y
172.4%
HWM
US$268.86
Howmet Aerospace
7D
-2.3%
1Y
52.6%
GEV
US$1,174.86
GE Vernova
7D
13.5%
1Y
132.2%
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ETN
US$426.12
Eaton
7D
5.1%
1Y
20.0%
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DE
US$634.33
Deere
7D
7.2%
1Y
24.8%
UNP
US$272.00
Union Pacific
7D
5.2%
1Y
15.5%
ROL
US$41.74
Rollins
7D
-6.5%
1Y
-26.3%
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HONA
US$221.08
Honeywell Aerospace
7D
-9.8%
1Y
n/a