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U.S. IT Consulting Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies69
  • 7D1.0%
  • 3M9.2%
  • 1Y13.9%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has risen 1.0%, driven by gains from International Business Machines of 3.6%. This means that the industry has gained 14% over the past year. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024US$500.2bUS$203.2bUS$19.0b30.6x26.3x2.5x
Sun, 23 Jun 2024US$470.7bUS$203.2bUS$18.8b29.5x25x2.3x
Tue, 21 May 2024US$465.7bUS$203.3bUS$18.9b26.5x24.7x2.3x
Thu, 18 Apr 2024US$481.8bUS$199.2bUS$17.1b21.8x28.1x2.4x
Sat, 16 Mar 2024US$543.8bUS$199.1bUS$17.0b21.3x32x2.7x
Mon, 12 Feb 2024US$535.9bUS$199.2bUS$17.1b22.7x31.3x2.7x
Wed, 10 Jan 2024US$490.6bUS$199.8bUS$16.4b19.2x29.9x2.5x
Fri, 08 Dec 2023US$481.7bUS$199.4bUS$16.3b20.2x29.5x2.4x
Sun, 05 Nov 2023US$445.1bUS$199.4bUS$16.2b19.4x27.5x2.2x
Tue, 03 Oct 2023US$434.7bUS$198.8bUS$11.4b20.7x38.3x2.2x
Thu, 31 Aug 2023US$454.4bUS$198.3bUS$11.7b20.5x38.9x2.3x
Sat, 29 Jul 2023US$445.2bUS$200.5bUS$11.4b21.5x39x2.2x
Mon, 26 Jun 2023US$415.7bUS$200.6bUS$11.3b21.9x36.7x2.1x
Wed, 24 May 2023US$410.9bUS$201.4bUS$10.4b24x39.4x2x
Fri, 21 Apr 2023US$374.0bUS$193.9bUS$11.0b21.7x34x1.9x
Sun, 19 Mar 2023US$353.2bUS$193.0bUS$10.8b20.1x32.8x1.8x
Tue, 14 Feb 2023US$405.7bUS$191.9bUS$10.9b18.4x37.1x2.1x
Thu, 12 Jan 2023US$401.5bUS$192.9bUS$10.4b22.3x38.5x2.1x
Sat, 10 Dec 2022US$405.9bUS$192.0bUS$10.3b23.6x39.6x2.1x
Mon, 07 Nov 2022US$371.8bUS$191.6bUS$10.2b18.3x36.4x1.9x
Wed, 05 Oct 2022US$383.7bUS$190.8bUS$14.1b18.6x27.1x2x
Fri, 02 Sep 2022US$401.6bUS$188.7bUS$13.9b19.9x28.9x2.1x
Sun, 31 Jul 2022US$416.3bUS$188.6bUS$14.1b21.1x29.6x2.2x
Tue, 28 Jun 2022US$416.8bUS$187.0bUS$13.3b21.8x31.2x2.2x
Thu, 26 May 2022US$403.4bUS$185.0bUS$11.7b26x34.4x2.2x
Sat, 23 Apr 2022US$459.2bUS$188.9bUS$12.2b22.7x37.6x2.4x
Mon, 21 Mar 2022US$472.4bUS$187.8bUS$12.0b24x39.3x2.5x
Wed, 16 Feb 2022US$485.6bUS$184.2bUS$11.8b27.6x41x2.6x
Fri, 14 Jan 2022US$513.1bUS$200.9bUS$12.7b25.8x40.4x2.6x
Sun, 12 Dec 2021US$528.6bUS$197.5bUS$12.4b27x42.5x2.7x
Tue, 09 Nov 2021US$521.0bUS$177.9bUS$14.8b28x35.3x2.9x
Thu, 07 Oct 2021US$490.9bUS$177.2bUS$14.9b29.2x32.9x2.8x
Sat, 04 Sep 2021US$499.2bUS$174.9bUS$14.3b26.2x34.9x2.9x
Mon, 02 Aug 2021US$468.2bUS$174.7bUS$14.3b25x32.7x2.7x
Price to Earnings Ratio

32.7x


Total Market Cap: US$468.2bTotal Earnings: US$14.3bTotal Revenue: US$174.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 34.1x202220232024
Current Industry PE
  • Investors are pessimistic on the American IT Consulting and Other Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 26.3x which is lower than its 3-year average PE of 34.1x.
  • 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 9.9% per year over the last three years.
  • Revenues for these companies have grown 5.2% 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 Market-2.42%
Tech-4.52%
IT0.029%
IT Consulting1.02%
Data Processing Services0.98%
Internet Services and Infrastructure-2.06%
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$191.754.6%
+US$7.8b		33.7%PE21x
IT GartnerUS$470.922.7%
+US$960.3m		34.2%PE45.9x
DOX AmdocsUS$86.925.1%
+US$491.5m		-7.2%PE19.1x
EPAM EPAM SystemsUS$211.051.0%
+US$124.6m		-8.6%PE28.4x
CTSH Cognizant Technology SolutionsUS$74.570.3%
+US$119.3m		13.4%PE17.7x
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