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U.S. Communications Industry Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies78
  • 7D1.9%
  • 3M30.9%
  • 1Y35.8%
  • YTD6.5%

In the last week, the Communications industry is up 1.9%, with Arista Networks up 3.1%. This means that the industry has gained 36% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

Has the U.S. Communications Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Jul 2025US$550.3bUS$100.5bUS$14.0b28.5x39.3x5.5x
Tue, 03 Jun 2025US$515.1bUS$105.5bUS$14.3b26.1x35.9x4.9x
Thu, 01 May 2025US$481.8bUS$102.9bUS$12.5b19.3x38.6x4.7x
Sat, 29 Mar 2025US$494.3bUS$102.8bUS$12.4b25.6x39.7x4.8x
Mon, 24 Feb 2025US$536.3bUS$104.5bUS$12.3b27.7x43.8x5.1x
Wed, 22 Jan 2025US$561.7bUS$102.4bUS$11.9b25.9x47x5.5x
Fri, 20 Dec 2024US$527.8bUS$102.5bUS$12.1b24.4x43.7x5.2x
Sun, 17 Nov 2024US$509.4bUS$102.4bUS$12.1b22.5x42x5x
Tue, 15 Oct 2024US$499.5bUS$103.0bUS$12.0b27.4x41.7x4.9x
Thu, 12 Sep 2024US$442.8bUS$103.0bUS$12.0b24.5x36.9x4.3x
Sat, 10 Aug 2024US$411.5bUS$102.9bUS$13.7b23.4x30.1x4x
Mon, 08 Jul 2024US$352.4bUS$92.6bUS$12.6b25.2x27.9x3.8x
Wed, 05 Jun 2024US$329.9bUS$92.9bUS$12.7b26.3x26x3.6x
Fri, 03 May 2024US$373.6bUS$104.4bUS$16.1b32.8x23.2x3.6x
Sun, 31 Mar 2024US$404.7bUS$104.8bUS$16.3b31.8x24.9x3.9x
Tue, 27 Feb 2024US$390.0bUS$105.0bUS$16.5b31.9x23.6x3.7x
Thu, 25 Jan 2024US$346.9bUS$96.1bUS$15.1b26.3x22.9x3.6x
Sat, 23 Dec 2023US$329.6bUS$96.1bUS$15.1b25.1x21.8x3.4x
Mon, 20 Nov 2023US$307.6bUS$96.2bUS$14.9b23.1x20.7x3.2x
Wed, 18 Oct 2023US$326.7bUS$94.7bUS$14.6b20.5x22.3x3.4x
Fri, 15 Sep 2023US$338.4bUS$94.7bUS$14.6b29.3x23.1x3.6x
Sun, 13 Aug 2023US$326.4bUS$92.4bUS$13.6b26.4x24.1x3.5x
Tue, 11 Jul 2023US$316.3bUS$91.4bUS$13.5b23.8x23.4x3.5x
Thu, 08 Jun 2023US$307.9bUS$91.4bUS$13.5b23.1x22.8x3.4x
Sat, 06 May 2023US$281.7bUS$89.9bUS$13.5b23.3x20.9x3.1x
Mon, 03 Apr 2023US$322.9bUS$89.0bUS$13.1b26.7x24.6x3.6x
Wed, 01 Mar 2023US$296.8bUS$88.8bUS$13.1b28.6x22.6x3.3x
Fri, 27 Jan 2023US$295.5bUS$86.9bUS$13.0b27.8x22.7x3.4x
Sun, 25 Dec 2022US$288.8bUS$86.7bUS$13.0b27.9x22.1x3.3x
Tue, 22 Nov 2022US$295.9bUS$86.8bUS$13.1b30.3x22.6x3.4x
Thu, 20 Oct 2022US$259.7bUS$84.9bUS$13.5b23.4x19.3x3.1x
Sat, 17 Sep 2022US$269.6bUS$85.2bUS$13.4b24.2x20.1x3.2x
Mon, 15 Aug 2022US$295.7bUS$85.2bUS$14.0b23.5x21.2x3.5x
Wed, 13 Jul 2022US$261.6bUS$84.6bUS$14.0b21.8x18.7x3.1x
Price to Earnings Ratio

18.7x


Total Market Cap: US$261.6bTotal Earnings: US$14.0bTotal Revenue: US$84.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Industry Price to Earnings3Y Average 28.2x202320242025
Current Industry PE
  • Investors are optimistic on the American Communications industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.3x which is higher than its 3-year average PE of 28.2x.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 5.5x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 5.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the U.S. Tech industry?

US Market1.79%
Tech2.56%
Communications1.86%
Communications Equipment1.86%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ANET Arista NetworksUS$102.523.1%
+US$3.9b
12.0%PE42.5x
CSCO Cisco SystemsUS$69.371.0%
+US$2.9b
48.7%PE28.1x
UI UbiquitiUS$423.975.3%
+US$1.3b
188.2%PE46.7x
MSI Motorola SolutionsUS$424.841.5%
+US$1.0b
9.8%PE34.7x
FFIV F5US$300.131.5%
+US$251.6m
74.9%PE27.7x

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