Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Industrials Sector Analysis

UpdatedAug 21, 2026
DataAggregated Company Financials
Companies1077
  • 7D-3.7%
  • 3M0.7%
  • 1Y17.6%
  • YTD11.2%

Over the last 7 days, the Industrials industry has dropped 2.5%, driven by a pullback from GE Vernova of 7.9%. In the past year, the industry has gained 20%. 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
Fri, 21 Aug 2026US$7.8tUS$3.0tUS$232.8b25x33.3x2.6x
Sun, 19 Jul 2026US$7.6tUS$2.9tUS$219.9b26.2x34.5x2.6x
Tue, 16 Jun 2026US$7.7tUS$2.9tUS$219.1b26.3x35x2.6x
Thu, 14 May 2026US$7.6tUS$2.9tUS$220.0b24.8x34.5x2.6x
Sat, 11 Apr 2026US$7.3tUS$2.8tUS$214.2b25.6x34.2x2.6x
Mon, 09 Mar 2026US$7.2tUS$2.9tUS$213.0b25.3x33.7x2.5x
Wed, 04 Feb 2026US$7.1tUS$2.9tUS$214.0b26.1x33.3x2.5x
Fri, 02 Jan 2026US$6.4tUS$2.7tUS$210.3b24.2x30.4x2.3x
Sun, 30 Nov 2025US$6.4tUS$2.7tUS$209.8b24.4x30.4x2.3x
Tue, 28 Oct 2025US$6.5tUS$2.7tUS$210.4b26x30.9x2.4x
Thu, 25 Sep 2025US$6.3tUS$2.7tUS$208.5b24.7x30.3x2.3x
Sat, 23 Aug 2025US$6.2tUS$2.7tUS$208.9b24.9x29.5x2.3x
Mon, 21 Jul 2025US$6.1tUS$2.7tUS$206.1b23.8x29.8x2.3x
Wed, 18 Jun 2025US$5.8tUS$2.7tUS$205.2b22.3x28.4x2.2x
Fri, 16 May 2025US$5.7tUS$2.7tUS$205.9b22.8x27.8x2.1x
Sun, 13 Apr 2025US$5.1tUS$2.7tUS$203.5b19.9x25.1x1.9x
Tue, 11 Mar 2025US$5.5tUS$2.7tUS$203.9b21.2x26.8x2x
Thu, 06 Feb 2025US$5.7tUS$2.7tUS$209.4b24.2x27.4x2.1x
Sat, 04 Jan 2025US$5.5tUS$2.7tUS$197.8b23.8x27.9x2x
Mon, 02 Dec 2024US$6.1tUS$2.7tUS$197.2b25x30.8x2.2x
Wed, 30 Oct 2024US$5.7tUS$2.7tUS$189.7b23.4x30.1x2.1x
Fri, 27 Sep 2024US$5.6tUS$2.7tUS$179.7b22.9x31.1x2.1x
Sun, 25 Aug 2024US$5.4tUS$2.7tUS$179.6b22.6x30x2x
Tue, 23 Jul 2024US$5.3tUS$2.7tUS$169.9b22.9x31.1x2x
Thu, 20 Jun 2024US$5.2tUS$2.7tUS$170.5b21.3x30.4x1.9x
Sat, 18 May 2024US$5.3tUS$2.7tUS$171.4b22.7x30.9x2x
Mon, 15 Apr 2024US$5.2tUS$2.7tUS$173.8b22.8x30x1.9x
Wed, 13 Mar 2024US$5.2tUS$2.7tUS$172.6b23x29.9x1.9x
Fri, 09 Feb 2024US$4.9tUS$2.7tUS$173.5b22.2x28.5x1.9x
Sun, 07 Jan 2024US$4.8tUS$2.7tUS$182.9b20.8x26.3x1.8x
Tue, 05 Dec 2023US$4.7tUS$2.7tUS$182.5b20x25.7x1.7x
Thu, 02 Nov 2023US$4.2tUS$2.7tUS$182.2b17.2x23.3x1.6x
Sat, 30 Sep 2023US$4.4tUS$2.7tUS$189.4b17.9x23.3x1.6x
Mon, 28 Aug 2023US$4.6tUS$2.7tUS$189.4b18.7x24.1x1.7x
Price to Earnings Ratio

24.1x


Total Market Cap: US$4.6tTotal Earnings: US$189.4bTotal Revenue: US$2.7tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrials Sector Price to Earnings3Y Average 29.7x202420252026
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 33.6x which is higher than its 3-year average PE of 29.7x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 7.1% per year over the last three years.
  • Revenues for these companies have grown 3.6% 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-2.09%
Industrials-3.75%
Marine and Shipping2.87%
Commercial Services1.92%
Professional Services0.66%
Transportation0.60%
Infrastructure-2.82%
Trade Distributors-3.19%
Machinery-3.26%
Logistics-3.29%
Construction-3.71%
Industrials-4.45%
Aerospace & Defense-4.98%
Building-5.38%
Electrical-8.10%
Airlines-11.12%
Industry PE
  • Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 39.0x.
    • Analysts are expecting annual earnings growth of 25.4%, which is lower than the prior year's growth of 43.2% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 17.2x.
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 43% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings decline by 5.2% 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
UBER Uber TechnologiesUS$78.553.5%
+US$5.5b		-16.6%PE16.7x
CPRT CopartUS$34.3316.8%
+US$4.6b		-28.0%PE20.5x
UNP Union PacificUS$303.972.1%
+US$3.7b		34.9%PE24.6x
ADP Automatic Data ProcessingUS$279.212.3%
+US$2.5b		-9.3%PE25.1x
DE DeereUS$620.941.4%
+US$2.3b		27.6%PE35x

Latest News

NDSN
US$334.70
Nordson
7D
8.0%
1Y
52.2%
ETN
US$415.29
Eaton
7D
-8.4%
1Y
20.2%
CAT
US$815.39
Caterpillar
7D
-4.6%
1Y
95.1%
BE
US$202.48
Bloom Energy
7D
-14.3%
1Y
351.7%
BA
US$215.10
Boeing
7D
-6.6%
1Y
-4.2%
UBER
US$78.55
Uber Technologies
7D
3.5%
1Y
-16.6%
Narrative Update • Aug 20

UBER: Autonomous Partnerships And Delivery Hero Deal Will Reset Profit Mix

Uber Technologies' updated analyst price target reflects a modest trim of fair value to about $101.50 from roughly $104.50, as analysts factor in slightly higher discount rates and only minor tweaks to growth and margin assumptions following mixed target revisions across recent research. Analyst Commentary Recent research on Uber Technologies points to a mixed but generally constructive tone, with most firms fine tuning price targets rather than making wholesale changes to their views on the stock.
CPRT
US$34.33
Copart
7D
16.8%
1Y
-28.0%
Narrative Update • Aug 20

CPRT: Cash-Funded Buybacks Will Offset Salvage Share Loss Concerns

Analysts have trimmed the Copart analyst price target from $32 to $26, citing updated views on salvage auction market share as well as contrasting opinions on the company’s earnings potential and balance sheet flexibility. Analyst Commentary Recent research on Copart highlights a clear split between bullish analysts who focus on the company’s structural positioning and balance sheet, and bearish analysts who concentrate on salvage auction market share and the implied impact on valuation.
DE
US$620.94
Deere
7D
1.4%
1Y
27.6%
CSX
US$50.97
CSX
7D
1.7%
1Y
42.1%
Narrative Update • Aug 18

CSX: Intermodal Strength And Capacity Gains Will Support Future Earnings Power

The analyst price target for CSX is raised by $2 to $60, reflecting analysts' emphasis on recent Q2 earnings strength, broad-based volume and pricing support, and updated estimates that point to slightly higher margins and a modestly higher future P/E of 29.2x in the valuation framework. Analyst Commentary Recent Street research skews constructive on CSX, with a series of higher price targets and rating upgrades clustering around the latest Q2 report.
GEV
US$966.01
GE Vernova
7D
-7.9%
1Y
59.4%
GE
US$344.64
General Electric
7D
-4.4%
1Y
28.3%
RTX
US$212.29
RTX
7D
-3.7%
1Y
35.8%
ADP
US$279.21
Automatic Data Processing
7D
2.3%
1Y
-9.3%
Seeking Alpha • Aug 14

Automatic Data Processing: Scoop Up This Dividend Growth Gem Now

Summary Since May, Automatic Data Processing has outperformed the S&P 500 index by a wide margin. The integration of AI-powered tools like ADP Assist is reshaping client retention/operational efficiency, and the enterprise HCM offering called Lyric is gaining meaningful traction in the upmarket space. The company’s net debt to adjusted EBITDA ratio was roughly 0.1x in FY 2026, which supports its AA- S&P credit rating with a stable outlook. The stock is trading 14% below my fair value estimate. ADP could have a 17% upside ahead through FY 2027 and 13% annual total returns by the end of FY 2031. Read the full article on Seeking Alpha
VRT
US$264.63
Vertiv Holdings Co
7D
-7.8%
1Y
109.1%
Narrative Update • Aug 13

VRT: AI Data Center Infrastructure Demand Will Drive Future Upside

Analysts now set a lower price target for Vertiv Holdings Co at $427, down from $461. This change reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.
UNP
US$303.97
Union Pacific
7D
2.1%
1Y
34.9%
NSC
US$346.62
Norfolk Southern
7D
2.6%
1Y
21.9%
Narrative Update • Jul 30

NSC: Tighter Trucking Capacity And Merger Progress Will Shape Forward Appeal

Analysts have raised the Norfolk Southern fair value estimate from $341.72 to $363.72. This change reflects higher price targets across the Street that are grounded in recent earnings beats, firmer profit margins, and a supportive revenue backdrop.