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U.S. Communications Industry Analysis

UpdatedJul 20, 2025
DataAggregated Company Financials
Companies78
  • 7D2.0%
  • 3M32.3%
  • 1Y39.8%
  • YTD8.1%

In the last week, the Communications industry is up 2.0%, with Arista Networks up 3.0%. During this same period, the PicoCELA underperformed, falling 73%. In the last 12 months, the industry was up 40%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Jul 2025US$566.4bUS$100.5bUS$14.0b28.5x40.5x5.6x
Tue, 17 Jun 2025US$524.8bUS$105.7bUS$14.3b26.8x36.6x5x
Thu, 15 May 2025US$528.8bUS$104.0bUS$13.9b23.2x38.1x5.1x
Sat, 12 Apr 2025US$461.2bUS$102.8bUS$12.4b24.8x37.1x4.5x
Mon, 10 Mar 2025US$509.6bUS$103.1bUS$12.4b26.7x41.2x4.9x
Wed, 05 Feb 2025US$555.2bUS$102.5bUS$12.2b26x45.6x5.4x
Fri, 03 Jan 2025US$538.5bUS$102.5bUS$12.1b24.4x44.6x5.3x
Sun, 01 Dec 2024US$531.7bUS$102.5bUS$12.1b24.4x43.9x5.2x
Tue, 29 Oct 2024US$497.3bUS$103.0bUS$12.0b27.5x41.5x4.8x
Thu, 26 Sep 2024US$477.1bUS$103.0bUS$12.0b26.2x39.8x4.6x
Sat, 24 Aug 2024US$438.5bUS$101.1bUS$11.6b27x37.7x4.3x
Mon, 22 Jul 2024US$345.5bUS$92.6bUS$12.6b26.7x27.4x3.7x
Wed, 19 Jun 2024US$339.3bUS$92.7bUS$12.7b27x26.8x3.7x
Fri, 17 May 2024US$347.6bUS$92.4bUS$12.7b27.3x27.3x3.8x
Sun, 14 Apr 2024US$402.4bUS$104.8bUS$16.3b33.5x24.7x3.8x
Tue, 12 Mar 2024US$397.9bUS$104.8bUS$16.3b30.9x24.4x3.8x
Thu, 08 Feb 2024US$339.8bUS$95.8bUS$14.9b29.8x22.9x3.5x
Sat, 06 Jan 2024US$326.5bUS$96.1bUS$15.1b25x21.6x3.4x
Mon, 04 Dec 2023US$313.3bUS$96.0bUS$14.9b24.9x21x3.3x
Wed, 01 Nov 2023US$318.4bUS$95.0bUS$14.7b25.2x21.6x3.4x
Fri, 29 Sep 2023US$326.0bUS$94.7bUS$14.6b24.7x22.3x3.4x
Sun, 27 Aug 2023US$334.6bUS$94.5bUS$14.6b29.4x22.9x3.5x
Tue, 25 Jul 2023US$324.8bUS$91.5bUS$13.5b26.8x24x3.5x
Thu, 22 Jun 2023US$310.3bUS$91.4bUS$13.5b23.7x23x3.4x
Sat, 20 May 2023US$297.6bUS$91.2bUS$13.5b25.1x22.1x3.3x
Mon, 17 Apr 2023US$312.5bUS$89.0bUS$13.2b27x23.7x3.5x
Wed, 15 Mar 2023US$299.7bUS$89.0bUS$13.2b26.6x22.8x3.4x
Fri, 10 Feb 2023US$290.7bUS$87.1bUS$13.0b31.1x22.4x3.3x
Sun, 08 Jan 2023US$291.9bUS$86.7bUS$13.0b28x22.4x3.4x
Tue, 06 Dec 2022US$302.7bUS$86.8bUS$13.1b29.8x23.1x3.5x
Thu, 03 Nov 2022US$281.0bUS$85.7bUS$13.5b25.9x20.8x3.3x
Sat, 01 Oct 2022US$252.9bUS$84.9bUS$13.5b22.9x18.8x3x
Mon, 29 Aug 2022US$289.8bUS$85.3bUS$13.7b23x21.2x3.4x
Wed, 27 Jul 2022US$273.3bUS$84.7bUS$14.0b22.9x19.6x3.2x
Price to Earnings Ratio

19.6x


Total Market Cap: US$273.3bTotal Earnings: US$14.0bTotal Revenue: US$84.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Industry Price to Earnings3Y Average 28.5x202320242025
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 40.5x which is higher than its 3-year average PE of 28.5x.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 5.6x.
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 Market0.93%
Tech2.46%
Communications2.01%
Communications Equipment2.01%
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$111.783.0%
+US$4.0b
35.3%PE46.4x
UI UbiquitiUS$460.4013.7%
+US$3.4b
178.4%PE50.7x
CIEN CienaUS$84.989.3%
+US$1.0b
72.1%PE114.6x
MSI Motorola SolutionsUS$420.461.1%
+US$739.4m
7.8%PE34.3x
LITE Lumentum HoldingsUS$102.229.9%
+US$640.6m
86.6%PS4.8x

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