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U.S. Electronic Equipment and Instruments Industry Analysis

UpdatedJul 28, 2026
DataAggregated Company Financials
Companies100
  • 7D1.0%
  • 3M0.07%
  • 1Y27.8%
  • YTDn/a

The Electronic Equipment and Instruments is pretty flat in the last 7 days, but Teledyne Technologies has stood out, gaining 4.0%. As for the the longer term, the industry is up 28% over the past 12 months. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

Has the U.S. Electronic Equipment and Instruments Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 Jul 2026US$172.9bUS$39.0bUS$2.0b30.2x87x4.4x
Thu, 25 Jun 2026US$179.3bUS$38.8bUS$2.0b32.1x91.3x4.6x
Sat, 23 May 2026US$172.9bUS$38.8bUS$2.0b30x88.6x4.5x
Mon, 20 Apr 2026US$175.8bUS$37.6bUS$1.6b33.1x107.7x4.7x
Wed, 18 Mar 2026US$160.6bUS$37.7bUS$1.8b32.8x91.5x4.3x
Fri, 13 Feb 2026US$157.3bUS$37.1bUS$1.5b30.3x104.5x4.2x
Sun, 11 Jan 2026US$146.3bUS$36.7bUS$2.9b31.3x50.9x4x
Tue, 09 Dec 2025US$162.3bUS$40.2bUS$3.1b29x51.9x4x
Thu, 06 Nov 2025US$156.3bUS$39.8bUS$2.6b29.4x60.6x3.9x
Sat, 04 Oct 2025US$161.5bUS$39.6bUS$2.6b28.3x61x4.1x
Mon, 01 Sep 2025US$157.4bUS$40.0bUS$2.5b26.3x62x3.9x
Wed, 30 Jul 2025US$160.4bUS$39.5bUS$4.0b24.7x40x4.1x
Fri, 27 Jun 2025US$152.0bUS$37.7bUS$3.6b26.7x41.8x4x
Sun, 25 May 2025US$137.7bUS$37.7bUS$3.6b26.6x38x3.7x
Tue, 22 Apr 2025US$118.1bUS$37.2bUS$3.5b20.4x33.3x3.2x
Thu, 20 Mar 2025US$133.9bUS$37.3bUS$3.6b25.3x37.3x3.6x
Sat, 15 Feb 2025US$146.2bUS$37.5bUS$3.6b27.2x40.8x3.9x
Mon, 13 Jan 2025US$141.3bUS$36.8bUS$3.5b25x40.7x3.8x
Wed, 11 Dec 2024US$149.9bUS$36.9bUS$3.4b28x43.8x4.1x
Fri, 08 Nov 2024US$145.9bUS$36.8bUS$3.7b26.2x39.3x4x
Sun, 06 Oct 2024US$135.1bUS$36.5bUS$3.5b28.2x38.3x3.7x
Tue, 03 Sep 2024US$132.6bUS$36.5bUS$3.6b24.3x36.4x3.6x
Thu, 01 Aug 2024US$133.0bUS$36.8bUS$2.1b29.6x63.1x3.6x
Sat, 29 Jun 2024US$125.8bUS$37.7bUS$2.2b24.4x56.6x3.3x
Mon, 27 May 2024US$131.5bUS$37.7bUS$2.2b27.9x58.7x3.5x
Wed, 24 Apr 2024US$126.2bUS$37.9bUS$2.2b26.9x56.4x3.3x
Fri, 22 Mar 2024US$129.6bUS$37.9bUS$2.2b27.3x57.8x3.4x
Sun, 18 Feb 2024US$127.8bUS$37.9bUS$2.3b25.7x56.3x3.4x
Tue, 16 Jan 2024US$130.8bUS$41.6bUS$2.3b25.8x56.3x3.1x
Thu, 14 Dec 2023US$126.1bUS$41.6bUS$2.3b25.2x54.1x3x
Sat, 11 Nov 2023US$110.9bUS$41.8bUS$2.4b20.8x47.1x2.7x
Mon, 09 Oct 2023US$120.2bUS$42.0bUS$2.4b20.6x50.5x2.9x
Wed, 06 Sep 2023US$128.9bUS$41.9bUS$2.4b22.6x54.7x3.1x
Fri, 04 Aug 2023US$133.7bUS$41.8bUS$2.5b23.4x52.8x3.2x
Price to Earnings Ratio

52.8x


Total Market Cap: US$133.7bTotal Earnings: US$2.5bTotal Revenue: US$41.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Instruments Industry Price to Earnings3Y Average 56.6x202420252026
Current Industry PE
  • Investors are optimistic on the American Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 87.0x which is higher than its 3-year average PE of 56.6x.
  • The 3-year average PS ratio of 3.7x is lower than the industry's current PS ratio of 4.4x.
Past Earnings Growth
  • The earnings for companies in the Electronic Equipment and Instruments industry have declined 8.0% per year over the last three years,
  • Revenues have also declined 2.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. Electronic Equipment and Instruments compare with similar industries?

US Market-0.74%
Tech-0.84%
Electronic Equipment and Components-1.15%
Electronic Equipment and Instruments0.97%
Technology Distributors3.82%
Electronic Manufacturing Services-0.75%
Electronic Components-3.05%
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
TDY Teledyne TechnologiesUS$651.654.0%
+US$1.2b		17.0%PE31x
AEIS Advanced Energy IndustriesUS$291.954.0%
+US$429.0m		105.7%PE57.9x
VNT VontierUS$31.846.9%
+US$288.6m		-20.2%PE10.9x
MIR Mirion TechnologiesUS$16.856.8%
+US$264.2m		-24.4%PE164.2x
CXT Crane NXTUS$54.226.1%
+US$180.1m		-9.2%PE24x

Latest News

AIOT
US$3.84
PowerFleet
7D
-11.1%
1Y
-14.3%
NOVT
US$140.80
Novanta
7D
-1.9%
1Y
13.0%
TDY
US$651.65
Teledyne Technologies
7D
4.0%
1Y
17.0%
Narrative Update • Jul 27

TDY: Defense And Space Exposure Will Support Future Earnings Visibility

Analysts have raised their blended price target for Teledyne Technologies by about $16 to reflect updated assumptions around fair value, profitability and growth. This follows recent Q2 reports that they describe as solid, with organic growth at 9.0% and record orders.
BMI
US$127.99
Badger Meter
7D
-13.7%
1Y
-33.5%
Narrative Update • Jul 25

BMI: Future Upside Will Depend On Successful AMI Deployment Execution

For Badger Meter, the updated analyst price target moves to $155.11 from $147.00. Analysts cite recent Q2 results, confirmation that second half AMI deployments remain on track, and a view that the recent share pullback may have been excessive as key factors behind their refreshed assumptions.
UMAC
US$20.60
Unusual Machines
7D
18.5%
1Y
103.0%
AEIS
US$291.95
Advanced Energy Industries
7D
4.0%
1Y
105.7%
Narrative Update • Jul 24

AEIS: AI Data Center Power Demand Will Drive Future Upside

Analysts have raised the fair value estimate for Advanced Energy Industries from about $394 to roughly $429, citing higher assumed revenue growth, a modestly richer future P/E multiple, and expanding opportunities in semiconductor and data center markets reflected in recent price target increases across the Street. Analyst Commentary Recent Street research on Advanced Energy Industries points to a broadly constructive stance, with multiple firms lifting price targets and highlighting exposure to semiconductor and data center spending as key drivers for the fair value reset.
CXT
US$54.22
Crane NXT
7D
6.1%
1Y
-9.2%
LASR
US$67.78
nLIGHT
7D
-0.8%
1Y
250.5%
Seeking Alpha • Jul 21

nLIGHT: A Largely Compelling Laser-Tech Specialist Whose Valuations Look Exorbitant

Summary nLIGHT, Inc. has surged on its strong positioning in directed energy lasers for aerospace & defense, driving robust A&D sales growth and margin expansion. LASR benefits from vertical integration, improving gross margins (33%) and EBITDA margins, a net cash position near $300M, and enhanced working capital efficiency. Despite 45% projected EBITDA CAGR through FY28, LASR trades at an 88x forward EBITDA multiple—over 4x its historical average and peers, raising valuation concerns. I initiate LASR at Hold: strong fundamentals and growth are offset by extreme valuation premium and steep RS ratios, limiting near-term upside. Read the full article on Seeking Alpha
EVLV
US$5.45
Evolv Technologies Holdings
7D
-2.5%
1Y
-20.6%
VNT
US$31.84
Vontier
7D
6.9%
1Y
-20.2%
Seeking Alpha • Jul 17

Vontier: Attractive Opportunity To Invest In A High-Quality Industrial Company

Summary At quarter-end, Vontier shares were trading at $29.00, well below their February high of $42.10. Since its 2020 spin-out, VNT has reduced debt by roughly $1 billion, invested roughly $1.24 billion in acquisitions and repurchased shares through its strong FCF. We also think we see a strong path to growth for VNT, our second investment pillar, through both revenue acceleration and productivity driven margin improvements. Read the full article on Seeking Alpha
KEYS
US$313.68
Keysight Technologies
7D
-0.1%
1Y
88.3%
ARLO
US$13.88
Arlo Technologies
7D
5.2%
1Y
-15.1%
CGNX
US$61.29
Cognex
7D
-2.8%
1Y
77.0%
MIR
US$16.85
Mirion Technologies
7D
6.8%
1Y
-24.4%
AEVA
US$15.53
Aeva Technologies
7D
-2.3%
1Y
-29.4%
OSIS
US$217.30
OSI Systems
7D
3.2%
1Y
-3.0%
Narrative Update • Jun 23

OSIS: Security Contract Momentum Will Drive Future Upside Despite Sector Caution

Analysts have adjusted their stance on OSI Systems with a reduced consensus price target to $279, reflecting updated sector models and a view that any recovery in aerospace and defense stocks may be more gradual. They also highlight potential buying opportunities following recent selloffs.