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U.S. IT Industry Analysis

UpdatedJun 16, 2025
DataAggregated Company Financials
Companies103
  • 7D-2.2%
  • 3M6.1%
  • 1Y36.4%
  • YTD11.1%

Over the last 7 days, the IT industry has dropped 2.2%, driven by a pullback from CoreWeave of 9.2%. In the past year, the industry has gained 36%. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Jun 2025US$977.0bUS$240.5bUS$17.1b28.6x57.2x4.1x
Wed, 14 May 2025US$910.0bUS$239.2bUS$16.7b37.3x54.6x3.8x
Fri, 11 Apr 2025US$837.7bUS$242.3bUS$18.5b31.8x45.4x3.5x
Sun, 09 Mar 2025US$917.2bUS$239.9bUS$18.3b43.7x50.1x3.8x
Tue, 04 Feb 2025US$966.2bUS$234.3bUS$16.0b43.4x60.6x4.1x
Thu, 02 Jan 2025US$855.8bUS$234.1bUS$16.5b46.7x52x3.7x
Sat, 30 Nov 2024US$894.5bUS$233.1bUS$16.3b45.3x55x3.8x
Mon, 28 Oct 2024US$792.0bUS$232.9bUS$15.7b43.6x50.3x3.4x
Wed, 25 Sep 2024US$785.2bUS$233.3bUS$17.5b39.6x44.9x3.4x
Fri, 23 Aug 2024US$760.6bUS$233.0bUS$17.4b33.6x43.6x3.3x
Sun, 21 Jul 2024US$739.1bUS$236.9bUS$17.2b28.9x43.1x3.1x
Tue, 18 Jun 2024US$684.8bUS$237.2bUS$17.3b27x39.7x2.9x
Thu, 16 May 2024US$711.9bUS$236.9bUS$16.7b24.5x42.6x3x
Sat, 13 Apr 2024US$752.7bUS$227.8bUS$13.7b25x54.7x3.3x
Mon, 11 Mar 2024US$812.2bUS$227.8bUS$14.3b23.9x56.6x3.6x
Wed, 07 Feb 2024US$816.5bUS$227.1bUS$12.9b20x63.1x3.6x
Fri, 05 Jan 2024US$757.4bUS$229.5bUS$12.8b20.2x59x3.3x
Sun, 03 Dec 2023US$761.8bUS$228.9bUS$12.7b21.2x59.8x3.3x
Tue, 31 Oct 2023US$624.2bUS$227.8bUS$11.4b18.3x54.8x2.7x
Thu, 28 Sep 2023US$662.2bUS$226.6bUS$6.8b24.5x97.7x2.9x
Sat, 26 Aug 2023US$674.4bUS$226.3bUS$6.6b21.2x101.9x3x
Mon, 24 Jul 2023US$693.0bUS$228.6bUS$6.2b25.5x111.7x3x
Wed, 21 Jun 2023US$688.0bUS$228.2bUS$5.9b23.9x116.3x3x
Fri, 19 May 2023US$640.1bUS$229.7bUS$6.5b23x99.2x2.8x
Sun, 16 Apr 2023US$588.9bUS$225.6bUS$2.5b23.6x239.4x2.6x
Tue, 14 Mar 2023US$1.9tUS$463.9bUS$22.4b24.7x83.1x4x
Thu, 09 Feb 2023US$2.1tUS$459.9bUS$40.5b27.1x50.6x4.5x
Sat, 07 Jan 2023US$1.9tUS$457.9bUS$39.2b28x49.5x4.2x
Mon, 05 Dec 2022US$2.0tUS$456.9bUS$39.0b29.3x51.3x4.4x
Wed, 02 Nov 2022US$1.9tUS$454.0bUS$36.9b26.5x51.7x4.2x
Fri, 30 Sep 2022US$1.8tUS$449.4bUS$41.7b25.4x42.7x4x
Sun, 28 Aug 2022US$2.0tUS$446.6bUS$41.6b29x48.7x4.5x
Tue, 26 Jul 2022US$2.0tUS$442.9bUS$47.6b28.3x42.4x4.6x
Thu, 23 Jun 2022US$1.9tUS$439.3bUS$46.9b27.5x40.2x4.3x
Price to Earnings Ratio

40.2x


Total Market Cap: US$1.9tTotal Earnings: US$46.9bTotal Revenue: US$439.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Industry Price to Earnings3Y Average 67.7x202320242025
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 57.2x which is lower than its 3-year average PE of 67.7x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 29% 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-0.56%
Tech-0.27%
IT-2.15%
IT Consulting0.19%
Data Processing Services-1.77%
Internet Services and Infrastructure-5.17%
Industry PE
  • Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 32.0x.
    • Analysts are expecting annual earnings growth of 10.2%, which is higher than its past year's earnings growth of 6.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 28% 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?

CompanyLast Price7D1YValuation
IBM International Business MachinesUS$277.221.9%
+US$4.7b
63.6%PE45.9x
XTIA XTI AerospaceUS$4.0658.0%
+US$9.4m
-96.3%PS7.4x
ATGL Alpha Technology GroupUS$25.851.8%
+US$7.3m
773.3%PS270.4x
YAAS Youxin TechnologyUS$2.946.9%
+US$6.4m
n/aPS189.2x
MASK 3 E Network Technology GroupUS$3.505.4%
+US$2.0m
n/aPE20.4x
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VRSN

US$279.90

VeriSign

7D

0.007%

1Y

57.0%

CRWV

US$147.19

CoreWeave

7D

-9.2%

1Y

n/a

IT

US$404.97

Gartner

7D

-3.9%

1Y

-8.5%

XTIA

US$4.06

XTI Aerospace

7D

58.0%

1Y

-96.3%

SHOP

US$105.34

Shopify

7D

-2.3%

1Y

58.4%

IBM

US$277.22

International Business Machines

7D

1.9%

1Y

63.6%

NET

US$171.97

Cloudflare

7D

-3.3%

1Y

121.4%

SNOW

US$208.18

Snowflake

7D

-1.3%

1Y

59.3%

MDB

US$205.63

MongoDB

7D

-5.3%

1Y

-8.1%

ACN

US$311.71

Accenture

7D

-1.6%

1Y

9.2%

TCX

US$19.94

Tucows

7D

0.7%

1Y

-3.2%

MASK

US$3.50

3 E Network Technology Group

7D

5.4%

1Y

n/a

YAAS

US$2.94

Youxin Technology

7D

6.9%

1Y

n/a

ATGL

US$25.85

Alpha Technology Group

7D

1.8%

1Y

773.3%