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U.S. IT Industry Analysis
UpdatedAug 22, 2025
DataAggregated Company Financials
Companies109
- 7D-0.6%
- 3M-3.5%
- 1Y14.7%
- YTD1.9%
The IT is pretty flat in the last 7 days, but Accenture has stood out, gaining 3.2%. As for the the longer term, the industry is up 15% over the past 12 months. Earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the U.S. IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 22 Aug 2025 | US$937.0b | US$250.4b | US$19.3b | 29.5x | 48.6x | 3.7x |
| Sun, 20 Jul 2025 | US$1.0t | US$241.7b | US$17.3b | 28x | 57.9x | 4.2x |
| Tue, 17 Jun 2025 | US$977.4b | US$240.5b | US$17.1b | 28.9x | 57.2x | 4.1x |
| Thu, 15 May 2025 | US$923.8b | US$239.2b | US$16.7b | 33.2x | 55.4x | 3.9x |
| Sat, 12 Apr 2025 | US$800.3b | US$242.3b | US$18.5b | 32.5x | 43.3x | 3.3x |
| Mon, 10 Mar 2025 | US$917.2b | US$239.9b | US$18.3b | 43.7x | 50.1x | 3.8x |
| Wed, 05 Feb 2025 | US$968.8b | US$234.1b | US$16.2b | 49.4x | 59.9x | 4.1x |
| Fri, 03 Jan 2025 | US$855.8b | US$234.1b | US$16.5b | 47.6x | 52x | 3.7x |
| Sun, 01 Dec 2024 | US$894.5b | US$233.1b | US$16.3b | 45.2x | 55x | 3.8x |
| Tue, 29 Oct 2024 | US$792.0b | US$232.9b | US$15.7b | 43.4x | 50.3x | 3.4x |
| Thu, 26 Sep 2024 | US$786.1b | US$233.3b | US$17.5b | 41.5x | 44.9x | 3.4x |
| Sat, 24 Aug 2024 | US$745.4b | US$233.1b | US$17.4b | 34.1x | 42.7x | 3.2x |
| Mon, 22 Jul 2024 | US$739.1b | US$236.9b | US$17.2b | 28.9x | 43.1x | 3.1x |
| Wed, 19 Jun 2024 | US$685.6b | US$237.2b | US$17.3b | 26.6x | 39.7x | 2.9x |
| Fri, 17 May 2024 | US$720.5b | US$236.9b | US$16.7b | 24.5x | 43.1x | 3x |
| Sun, 14 Apr 2024 | US$752.7b | US$227.8b | US$13.7b | 25x | 54.7x | 3.3x |
| Tue, 12 Mar 2024 | US$802.3b | US$227.8b | US$14.3b | 22.8x | 55.9x | 3.5x |
| Thu, 08 Feb 2024 | US$816.2b | US$226.7b | US$13.1b | 19.7x | 62.4x | 3.6x |
| Sat, 06 Jan 2024 | US$757.8b | US$229.5b | US$12.8b | 20x | 59x | 3.3x |
| Mon, 04 Dec 2023 | US$761.8b | US$228.9b | US$12.7b | 21.2x | 59.8x | 3.3x |
| Wed, 01 Nov 2023 | US$632.6b | US$227.8b | US$11.4b | 19.8x | 55.5x | 2.8x |
| Fri, 29 Sep 2023 | US$657.2b | US$227.2b | US$6.5b | 24x | 101.3x | 2.9x |
| Sun, 27 Aug 2023 | US$674.4b | US$226.3b | US$6.6b | 21.2x | 101.9x | 3x |
| Tue, 25 Jul 2023 | US$693.1b | US$228.6b | US$6.2b | 25.6x | 111.7x | 3x |
| Thu, 22 Jun 2023 | US$675.0b | US$228.2b | US$5.9b | 23.2x | 114.1x | 3x |
| Sat, 20 May 2023 | US$639.4b | US$229.3b | US$5.2b | 21.8x | 123.7x | 2.8x |
| Mon, 17 Apr 2023 | US$588.9b | US$225.6b | US$2.5b | 23.6x | 239.4x | 2.6x |
| Wed, 15 Mar 2023 | US$1.9t | US$463.9b | US$22.4b | 25x | 84.3x | 4.1x |
| Fri, 10 Feb 2023 | US$2.0t | US$459.5b | US$40.5b | 26.6x | 50.4x | 4.4x |
| Sun, 08 Jan 2023 | US$1.9t | US$458.0b | US$39.2b | 27.3x | 49.5x | 4.2x |
| Tue, 06 Dec 2022 | US$2.0t | US$456.9b | US$39.0b | 28.9x | 50.1x | 4.3x |
| Thu, 03 Nov 2022 | US$1.8t | US$453.0b | US$37.5b | 26.1x | 48.9x | 4x |
| Sat, 01 Oct 2022 | US$1.8t | US$449.4b | US$41.7b | 25.2x | 42.3x | 3.9x |
| Mon, 29 Aug 2022 | US$2.0t | US$446.6b | US$41.6b | 29x | 48.7x | 4.5x |
Price to Earnings Ratio
48.7x
Current Industry PE
- Investors are pessimistic on the American IT 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 48.6x which is lower than its 3-year average PE of 68.4x.
- The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 23% per year over the last three years,
- Revenues have also declined 18% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the U.S. Tech industry?
| US Market | -1.60% | |
| Tech | -3.57% | |
| IT | -0.60% | |
| IT Consulting | 1.65% | |
| Data Processing Services | 0.97% | |
| Internet Services and Infrastructure | -2.85% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 26.2%, which is higher than its past year's earnings decline of 7.7% per year.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 31.9x.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings decline of 7.7% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 10% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ACN Accenture | US$253.99 | 3.2% +US$4.9b | -23.2% | PE20x | |
| IBM International Business Machines | US$239.40 | 1.0% +US$2.1b | 22.2% | PE38.1x | |
| CTSH Cognizant Technology Solutions | US$71.08 | 2.5% +US$835.2m | -6.8% | PE14.3x | |
| MDB MongoDB | US$211.96 | 3.7% +US$620.2m | -14.1% | PS8.2x | |
| VRSN VeriSign | US$272.24 | 2.0% +US$506.3m | 51.2% | PE31.8x |
