Header cover image

U.S. IT Consulting Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies75
  • 7D8.4%
  • 3M-3.3%
  • 1Y0.5%
  • YTD-19.0%

In the last week, the IT Consulting industry is up 8.4%, with Accenture up 9.9%. Meanwhile, BigBear.ai Holdings actually underperformed within the industry, shrinking 46% in the last week. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022US$430.9bUS$184.7bUS$13.0b25.2x
Mon, 25 Apr 2022US$459.2bUS$188.9bUS$12.2b22.7x
Wed, 23 Mar 2022US$476.8bUS$187.9bUS$12.0b23.1x
Fri, 18 Feb 2022US$472.3bUS$184.3bUS$11.8b24x
Sun, 16 Jan 2022US$506.2bUS$200.9bUS$12.7b25.3x
Tue, 14 Dec 2021US$524.9bUS$197.5bUS$12.4b27x
Thu, 11 Nov 2021US$517.1bUS$177.9bUS$14.8b25.2x
Sat, 09 Oct 2021US$493.1bUS$177.2bUS$14.9b29.3x
Mon, 06 Sep 2021US$499.2bUS$174.5bUS$14.5b23.9x
Wed, 04 Aug 2021US$472.1bUS$174.7bUS$14.3b25.3x
Sat, 08 May 2021US$438.7bUS$170.9bUS$13.0b29.2x
Tue, 09 Feb 2021US$372.2bUS$169.7bUS$10.1b29.9x
Mon, 02 Nov 2020US$333.6bUS$171.4bUS$11.1b26.4x
Thu, 06 Aug 2020US$345.4bUS$172.2bUS$9.2b25.9x
Sun, 10 May 2020US$308.9bUS$173.8bUS$11.0b20.5x
Sat, 01 Feb 2020US$348.7bUS$173.7bUS$15.0b21.2x
Tue, 05 Nov 2019US$320.1bUS$172.5bUS$13.8b19.9x
Fri, 09 Aug 2019US$348.7bUS$172.4bUS$17.0b21.8x
Median PE Ratio

23.4x


Total Market Cap: US$316.8bTotal Earnings: US$16.7bTotal Revenue: US$173.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Median PE3Y Average 24.6x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 24.6x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have declined 7.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.2% 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, which has decreased profits.

Industry Comparison

How does U.S. IT Consulting compare with similar industries?

US Market5.92%
Tech7.59%
IT6.51%
IT Consulting8.41%
Data Processing Services6.80%
Internet Services and Infrastructure0.98%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ACN AccentureUS$304.159.9%
+US$17.4b
7.8%PS30.1x
IBM International Business MachinesUS$139.278.4%
+US$9.7b
-3.1%PS25.2x
CTSH Cognizant Technology SolutionsUS$74.735.5%
+US$2.0b
4.4%PS17.7x
DXC DXC TechnologyUS$35.0818.5%
+US$1.3b
-7.5%PS11.9x
IT GartnerUS$266.596.6%
+US$1.3b
15.0%PS26.8x
Simply Wall St™
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

IT

US$266.59

Gartner

7D

6.6%

1Y

15.0%

OMQS

US$5.89

OMNIQ

7D

-3.4%

1Y

-29.9%

TAOP

US$1.35

Taoping

7D

-1.5%

1Y

-74.8%

INPX

US$0.17

Inpixon

7D

-5.1%

1Y

-83.9%