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U.S. Industrials Sector Analysis

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies1059
  • 7D0.2%
  • 3M16.8%
  • 1Y27.4%
  • YTD10.2%

Last week, the Industrials industry hasn't moved much but Caterpillar is up 4.3% in that time. The past year has been better, since the industry has gained 27% in that time. Earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Feb 2026US$7.4tUS$2.8tUS$212.1b27.2x34.9x2.6x
Wed, 14 Jan 2026US$6.8tUS$2.7tUS$209.3b25.8x32.5x2.5x
Fri, 12 Dec 2025US$6.5tUS$2.7tUS$209.6b25.4x30.9x2.4x
Sun, 09 Nov 2025US$6.4tUS$2.7tUS$211.1b24.3x30.1x2.3x
Tue, 07 Oct 2025US$6.4tUS$2.7tUS$209.3b25x30.7x2.4x
Thu, 04 Sep 2025US$6.2tUS$2.7tUS$209.7b24.7x29.4x2.3x
Sat, 02 Aug 2025US$6.2tUS$2.7tUS$208.0b23.8x29.8x2.3x
Mon, 30 Jun 2025US$6.0tUS$2.7tUS$205.4b23.5x29x2.2x
Wed, 28 May 2025US$5.7tUS$2.7tUS$206.3b22.8x27.5x2.1x
Fri, 25 Apr 2025US$5.1tUS$2.7tUS$204.5b20.8x25x1.9x
Sun, 23 Mar 2025US$5.4tUS$2.7tUS$203.4b21.2x26.3x2x
Tue, 18 Feb 2025US$5.7tUS$2.7tUS$206.3b23.5x27.8x2.1x
Thu, 16 Jan 2025US$5.7tUS$2.7tUS$196.4b24.4x28.8x2.1x
Sat, 14 Dec 2024US$5.8tUS$2.7tUS$198.4b24.2x29.3x2.1x
Mon, 11 Nov 2024US$6.0tUS$2.7tUS$193.9b25x30.9x2.2x
Wed, 09 Oct 2024US$5.7tUS$2.7tUS$179.9b23x31.4x2.1x
Fri, 06 Sep 2024US$5.3tUS$2.7tUS$179.9b21.3x29.6x2x
Sun, 04 Aug 2024US$5.1tUS$2.7tUS$179.7b21.8x28.6x1.9x
Tue, 02 Jul 2024US$5.1tUS$2.7tUS$170.6b21x30.1x1.9x
Thu, 30 May 2024US$5.2tUS$2.7tUS$170.0b22.5x30.7x1.9x
Sat, 27 Apr 2024US$5.2tUS$2.7tUS$169.3b22.6x30.7x1.9x
Mon, 25 Mar 2024US$5.3tUS$2.7tUS$172.7b23.2x30.8x2x
Wed, 21 Feb 2024US$5.0tUS$2.7tUS$174.2b23x28.6x1.9x
Fri, 19 Jan 2024US$4.8tUS$2.7tUS$184.2b20.6x26.3x1.8x
Sun, 17 Dec 2023US$4.9tUS$2.7tUS$182.7b21.2x26.6x1.8x
Tue, 14 Nov 2023US$4.4tUS$2.7tUS$185.1b18.2x23.8x1.6x
Thu, 12 Oct 2023US$4.3tUS$2.7tUS$183.8b18.2x23.7x1.6x
Sat, 09 Sep 2023US$4.6tUS$2.7tUS$189.3b18.3x24x1.7x
Mon, 07 Aug 2023US$4.7tUS$2.7tUS$190.4b19.1x24.6x1.7x
Wed, 05 Jul 2023US$4.6tUS$2.7tUS$185.6b18.3x24.7x1.7x
Fri, 02 Jun 2023US$4.2tUS$2.7tUS$183.1b16.8x22.8x1.6x
Sun, 30 Apr 2023US$4.2tUS$2.7tUS$174.6b17.7x24.3x1.6x
Tue, 28 Mar 2023US$4.2tUS$2.6tUS$166.1b18.3x25x1.6x
Thu, 23 Feb 2023US$4.1tUS$2.6tUS$160.5b19x25.4x1.6x
Price to Earnings Ratio

25.4x


Total Market Cap: US$4.1tTotal Earnings: US$160.5bTotal Revenue: US$2.6tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrials Sector Price to Earnings3Y Average 28x202420252026
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 34.9x which is higher than its 3-year average PE of 28.0x.
  • 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 9.7% per year over the last three years.
  • Revenues for these companies have grown 3.7% 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-1.34%
Industrials0.20%
Construction3.74%
Marine and Shipping3.68%
Machinery2.70%
Electrical2.24%
Building1.02%
Aerospace & Defense0.37%
Industrials0.33%
Logistics-0.62%
Trade Distributors-0.96%
Commercial Services-1.87%
Transportation-1.96%
Infrastructure-2.96%
Airlines-6.55%
Professional Services-7.46%
Industry PE
  • Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 62.3x.
    • Analysts are expecting annual earnings growth of 19.1%, which is higher than its past year's earnings growth of 13.9% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 15.9x.
Forecasted Growth
  • Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings decline of 47% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings grow by 3.4% 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$774.204.3%
+US$12.9b		119.1%PE40.5x
VRT Vertiv Holdings CoUS$234.5316.1%
+US$12.5b		117.1%PE67.3x
HWM Howmet AerospaceUS$250.2111.1%
+US$9.8b		87.5%PE66.6x
RTX RTXUS$200.062.0%
+US$5.2b		63.4%PE39.9x
ETN EatonUS$389.253.2%
+US$4.7b		25.9%PE37x

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