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U.S. Communications Industry Analysis

UpdatedOct 16, 2025
DataAggregated Company Financials
Companies72
  • 7D-3.1%
  • 3M16.0%
  • 1Y33.7%
  • YTD25.4%

Over the last 7 days, the Communications industry has dropped 3.0%, driven by a pullback from Arista Networks of 7.7%. On the other hand Ubiquiti is actually up 8.2%. Over the past 12 months, the industry was up 34%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 17 Oct 2025US$653.4bUS$103.3bUS$16.0b30.8x40.8x6.3x
Sun, 14 Sep 2025US$631.6bUS$103.3bUS$16.0b27.7x39.5x6.1x
Tue, 12 Aug 2025US$622.3bUS$101.6bUS$14.9b25.1x41.7x6.1x
Thu, 10 Jul 2025US$552.7bUS$100.5bUS$14.0b29.5x39.5x5.5x
Sat, 07 Jun 2025US$533.3bUS$105.7bUS$14.4b27x37.1x5x
Mon, 05 May 2025US$499.0bUS$103.3bUS$13.1b22.6x38x4.8x
Wed, 02 Apr 2025US$493.2bUS$102.8bUS$12.4b26x39.7x4.8x
Fri, 28 Feb 2025US$535.2bUS$104.6bUS$12.2b27.6x43.8x5.1x
Sun, 26 Jan 2025US$588.4bUS$102.4bUS$11.9b26.4x49.3x5.7x
Tue, 24 Dec 2024US$541.1bUS$102.4bUS$12.1b25x44.8x5.3x
Thu, 21 Nov 2024US$508.5bUS$102.5bUS$12.1b24.2x41.9x5x
Sat, 19 Oct 2024US$507.8bUS$103.0bUS$12.0b28.4x42.3x4.9x
Mon, 16 Sep 2024US$453.3bUS$103.0bUS$12.0b24.6x37.8x4.4x
Wed, 14 Aug 2024US$408.4bUS$102.9bUS$13.7b23.9x29.8x4x
Fri, 12 Jul 2024US$350.4bUS$92.6bUS$12.6b26.3x27.8x3.8x
Sun, 09 Jun 2024US$326.0bUS$92.7bUS$12.6b27.3x25.8x3.5x
Tue, 07 May 2024US$326.7bUS$94.4bUS$14.4b29.9x22.8x3.5x
Thu, 04 Apr 2024US$401.5bUS$104.8bUS$16.3b34.2x24.7x3.8x
Sat, 02 Mar 2024US$391.6bUS$104.8bUS$16.4b32.6x23.9x3.7x
Mon, 29 Jan 2024US$349.0bUS$96.0bUS$14.9b27.3x23.4x3.6x
Wed, 27 Dec 2023US$329.6bUS$96.1bUS$15.1b25.1x21.8x3.4x
Fri, 24 Nov 2023US$308.6bUS$96.2bUS$14.9b23x20.7x3.2x
Sun, 22 Oct 2023US$317.6bUS$94.7bUS$14.6b20.5x21.7x3.4x
Tue, 19 Sep 2023US$337.2bUS$94.7bUS$14.6b28x23x3.6x
Thu, 17 Aug 2023US$323.5bUS$92.4bUS$13.6b26.2x23.8x3.5x
Sat, 15 Jul 2023US$311.3bUS$91.4bUS$13.5b23.8x23x3.4x
Mon, 12 Jun 2023US$308.4bUS$91.4bUS$13.5b21.4x22.8x3.4x
Wed, 10 May 2023US$283.0bUS$90.1bUS$13.4b24.3x21.2x3.1x
Fri, 07 Apr 2023US$315.1bUS$89.0bUS$13.1b26.7x24x3.5x
Sun, 05 Mar 2023US$301.1bUS$88.8bUS$13.1b29.1x23x3.4x
Tue, 31 Jan 2023US$293.6bUS$86.9bUS$13.0b27.4x22.5x3.4x
Thu, 29 Dec 2022US$286.0bUS$86.7bUS$13.0b27.3x21.9x3.3x
Sat, 26 Nov 2022US$300.3bUS$86.8bUS$13.1b30.8x22.9x3.5x
Mon, 24 Oct 2022US$267.0bUS$84.9bUS$13.5b24.2x19.8x3.1x
Price to Earnings Ratio

19.8x


Total Market Cap: US$267.0bTotal Earnings: US$13.5bTotal Revenue: US$84.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Industry Price to Earnings3Y Average 30.1x202320242025
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 40.8x which is higher than its 3-year average PE of 30.1x.
  • The 3-year average PS ratio of 4.2x is lower than the industry's current PS ratio of 6.3x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have grown 6.0% per year over the last three years.
  • Revenues for these companies have grown 6.8% 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. Tech industry?

US Market-1.49%
Tech-2.21%
Communications-3.11%
Communications Equipment-3.11%
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
UI UbiquitiUS$754.008.2%
+US$3.5b
201.8%PE64.1x
CIEN CienaUS$170.784.4%
+US$1.0b
156.8%PE171x
LITE Lumentum HoldingsUS$163.232.2%
+US$246.1m
134.5%PE446.9x
VIAV Viavi SolutionsUS$13.325.2%
+US$147.3m
42.8%PE85.4x
VSAT ViasatUS$36.161.8%
+US$85.9m
212.8%PS1.1x

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