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U.S. Industrials Sector Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies1037
  • 7D6.0%
  • 3M5.2%
  • 1Y41.2%
  • YTD10.2%

Over the last 7 days, the Industrials industry has risen 5.3%, driven by gains in Caterpillar and General Electric of 9.6% and 10%, respectively. In the last 12 months, the industry was up 40%. As for the next few years, earnings are expected to grow by 16% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Apr 2026US$7.4tUS$2.8tUS$214.3b25.9x34.4x2.6x
Fri, 13 Mar 2026US$7.2tUS$2.9tUS$212.3b24.5x33.9x2.5x
Sun, 08 Feb 2026US$7.4tUS$2.9tUS$208.6b26.8x35.4x2.6x
Tue, 06 Jan 2026US$6.6tUS$2.7tUS$210.3b25.1x31.6x2.4x
Thu, 04 Dec 2025US$6.3tUS$2.7tUS$210.0b24.6x30.2x2.3x
Sat, 01 Nov 2025US$6.4tUS$2.7tUS$210.9b25x30.5x2.4x
Mon, 29 Sep 2025US$6.3tUS$2.7tUS$208.6b24.7x30.1x2.3x
Wed, 27 Aug 2025US$6.2tUS$2.7tUS$209.0b25.2x29.7x2.3x
Fri, 25 Jul 2025US$6.3tUS$2.7tUS$205.3b24.3x30.5x2.3x
Sun, 22 Jun 2025US$5.8tUS$2.7tUS$205.1b22.3x28.2x2.1x
Tue, 20 May 2025US$5.8tUS$2.7tUS$206.5b22.9x28.2x2.2x
Thu, 17 Apr 2025US$5.1tUS$2.7tUS$203.3b19.7x25.2x1.9x
Sat, 15 Mar 2025US$5.2tUS$2.7tUS$204.4b21.2x25.6x2x
Mon, 10 Feb 2025US$5.7tUS$2.7tUS$208.2b24x27.6x2.1x
Wed, 08 Jan 2025US$5.6tUS$2.7tUS$197.7b23.6x28.3x2.1x
Fri, 06 Dec 2024US$6.0tUS$2.7tUS$198.3b24.9x30.4x2.2x
Sun, 03 Nov 2024US$5.6tUS$2.7tUS$193.7b23.2x29.1x2.1x
Tue, 01 Oct 2024US$5.6tUS$2.7tUS$179.6b23.2x31.4x2.1x
Thu, 29 Aug 2024US$5.4tUS$2.7tUS$179.7b22.2x30x2x
Sat, 27 Jul 2024US$5.3tUS$2.7tUS$173.4b22.5x30.4x1.9x
Mon, 24 Jun 2024US$5.2tUS$2.7tUS$170.4b21.4x30.4x1.9x
Wed, 22 May 2024US$5.3tUS$2.7tUS$171.3b22.7x31x2x
Fri, 19 Apr 2024US$5.1tUS$2.7tUS$173.6b22x29.4x1.9x
Sun, 17 Mar 2024US$5.2tUS$2.7tUS$172.4b22.8x30x2x
Tue, 13 Feb 2024US$5.0tUS$2.7tUS$173.4b22.6x28.8x1.9x
Thu, 11 Jan 2024US$4.8tUS$2.7tUS$182.9b20.7x26.5x1.8x
Sat, 09 Dec 2023US$4.7tUS$2.7tUS$182.9b20.2x25.6x1.7x
Mon, 06 Nov 2023US$4.4tUS$2.7tUS$180.3b17.6x24.4x1.6x
Wed, 04 Oct 2023US$4.4tUS$2.7tUS$192.2b17.7x22.7x1.6x
Fri, 01 Sep 2023US$4.6tUS$2.7tUS$189.3b19.3x24.6x1.7x
Sun, 30 Jul 2023US$4.7tUS$2.7tUS$181.5b18.4x25.7x1.7x
Tue, 27 Jun 2023US$4.5tUS$2.7tUS$184.6b17.7x24.2x1.7x
Thu, 25 May 2023US$4.2tUS$2.7tUS$183.2b16.9x22.7x1.6x
Sat, 22 Apr 2023US$4.3tUS$2.7tUS$167.9b18.2x25.5x1.6x
Price to Earnings Ratio

25.5x


Total Market Cap: US$4.3tTotal Earnings: US$167.9bTotal Revenue: US$2.7tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrials Sector Price to Earnings3Y Average 28.5x202420252026
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 34.1x which is higher than its 3-year average PE of 28.5x.
  • The 3-year average PS ratio of 2.0x 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 8.5% per year over the last three years.
  • Revenues for these companies have grown 2.2% 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 Market4.44%
Industrials5.99%
Electrical11.96%
Building10.08%
Construction9.84%
Machinery7.43%
Airlines6.88%
Trade Distributors6.12%
Aerospace & Defense4.69%
Industrials4.59%
Infrastructure4.31%
Logistics3.83%
Transportation3.17%
Marine and Shipping1.93%
Commercial Services0.19%
Professional Services-1.08%
Industry PE
  • Investors are most optimistic about the Electrical industry, which is trading close to its 3-year average PE ratio of 63.6x.
    • Analysts expect its future annual earnings growth (19.9%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 16.3x.
Forecasted Growth
  • Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 22% 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 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
CAT CaterpillarUS$794.259.6%
+US$32.5b		170.7%PE41.6x
GE General ElectricUS$318.0010.2%
+US$30.7b		71.3%PE38.6x
BE Bloom EnergyUS$219.0361.2%
+US$23.3b		1,096.2%PS30.4x
GEV GE VernovaUS$987.508.4%
+US$20.6b		200.6%PE54.4x
VRT Vertiv Holdings CoUS$310.5118.4%
+US$18.4b		327.1%PE89.1x

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