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U.S. IT Consulting Industry Analysis

UpdatedJun 08, 2023
DataAggregated Company Financials
Companies90
  • 7D1.2%
  • 3M8.8%
  • 1Y-4.6%
  • YTD2.9%

In the last week, the IT Consulting industry is up 1.2%, with International Business Machines up 4.5%. Meanwhile, EPAM Systems actually underperformed within the industry, shrinking 18% in the last week. However, the industry is down 4.6% over the past year. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Jun 2023US$424.6bUS$200.1bUS$11.1b24.2x38.2x2.1x
Sat, 06 May 2023US$387.6bUS$201.7bUS$11.7b19.8x33x1.9x
Mon, 03 Apr 2023US$388.6bUS$193.9bUS$10.7b20.7x36.2x2x
Wed, 01 Mar 2023US$375.2bUS$192.8bUS$10.8b18.9x34.7x1.9x
Fri, 27 Jan 2023US$390.4bUS$192.9bUS$10.8b20.1x36x2x
Sun, 25 Dec 2022US$383.3bUS$192.8bUS$10.4b23.8x36.8x2x
Tue, 22 Nov 2022US$403.6bUS$192.0bUS$10.3b24.2x39.3x2.1x
Thu, 20 Oct 2022US$366.8bUS$190.8bUS$14.1b18.1x26x1.9x
Sat, 17 Sep 2022US$386.3bUS$188.8bUS$13.9b18.3x27.8x2x
Mon, 15 Aug 2022US$435.7bUS$188.6bUS$13.9b20.8x31.3x2.3x
Wed, 13 Jul 2022US$395.0bUS$187.0bUS$13.3b25.6x29.6x2.1x
Fri, 10 Jun 2022US$417.9bUS$184.1bUS$13.1b25x31.9x2.3x
Sun, 08 May 2022US$422.7bUS$184.7bUS$11.7b24.9x36x2.3x
Tue, 05 Apr 2022US$485.3bUS$187.9bUS$12.0b24.9x40.4x2.6x
Thu, 03 Mar 2022US$457.5bUS$184.8bUS$12.0b24x38.3x2.5x
Sat, 29 Jan 2022US$488.0bUS$183.8bUS$12.7b25.6x38.4x2.7x
Mon, 27 Dec 2021US$551.6bUS$200.9bUS$12.7b27.6x43.5x2.7x
Wed, 24 Nov 2021US$503.7bUS$197.8bUS$12.9b26.3x39.1x2.5x
Fri, 22 Oct 2021US$502.9bUS$177.3bUS$14.3b28.3x35.1x2.8x
Sun, 19 Sep 2021US$497.1bUS$174.6bUS$14.8b27.1x33.7x2.8x
Tue, 17 Aug 2021US$487.9bUS$174.7bUS$14.3b25.7x34.1x2.8x
Tue, 01 Jun 2021US$436.6bUS$173.2bUS$13.3b27.9x32.7x2.5x
Fri, 05 Mar 2021US$380.2bUS$170.6bUS$10.3b28.6x36.8x2.2x
Mon, 07 Dec 2020US$374.3bUS$171.8bUS$11.3b29.3x33.2x2.2x
Thu, 10 Sep 2020US$358.8bUS$172.0bUS$9.4b26.1x38.3x2.1x
Price to Earnings Ratio

35.4x


Total Market Cap: US$326.0bTotal Earnings: US$9.2bTotal Revenue: US$172.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 35.1x202120222023
Current Industry PE
  • Investors are optimistic on the American IT Consulting and Other Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 38.2x which is higher than its 3-year average PE of 35.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 6.4% per year over the last three years.
  • Revenues for these companies have grown 5.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

US Market2.58%
Tech-0.68%
IT1.47%
IT Consulting1.25%
Data Processing Services3.68%
Internet Services and Infrastructure1.85%
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
IBM International Business MachinesUS$134.384.5%
+US$5.3b
-4.6%PE59.4x
ACN AccentureUS$311.031.7%
+US$3.2b
2.8%PE28.3x
DXC DXC TechnologyUS$26.716.7%
+US$354.9m
-24.2%PS0.4x
CINT CI&TUS$5.4715.4%
+US$97.7m
-59.7%PE24.2x
CTSH Cognizant Technology SolutionsUS$62.600.2%
+US$55.8m
-14.4%PE13.8x
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Latest News

ACN

US$311.03

Accenture

7D

1.7%

1Y

2.8%

CXAI

US$11.27

CXApp

7D

-8.4%

1Y

11.8%

TWKS

US$8.07

Thoughtworks Holding

7D

-2.1%

1Y

-50.5%

CTSH

US$62.60

Cognizant Technology Solutions

7D

0.2%

1Y

-14.4%

DOX

US$93.53

Amdocs

7D

-0.7%

1Y

9.4%

DAVA

US$47.51

Endava

7D

-2.6%

1Y

-55.6%

GLOB

US$171.96

Globant

7D

-6.4%

1Y

-15.5%

IT

US$339.44

Gartner

7D

-1.0%

1Y

29.9%

DXC

US$26.71

DXC Technology

7D

6.7%

1Y

-24.2%

GDYN

US$9.89

Grid Dynamics Holdings

7D

5.2%

1Y

-44.6%

UIS

US$4.23

Unisys

7D

7.6%

1Y

-66.2%