Some Investors May Be Worried About MicroAlgo's (NASDAQ:MLGO) Returns On Capital
Apr 30
Have your own idea? Try our Stock Screener
U.S. IT Industry Analysis
UpdatedApr 30, 2025
DataAggregated Company Financials
Companies103
- 7D7.0%
- 3M-12.7%
- 1Y16.4%
- YTD-5.0%
The IT industry is up 7.0% in the last week, with Shopify up 15%. This means that the industry has gained 16% over the past year. Looking forward, earnings are forecast to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Wed, 30 Apr 2025 | US$848.6b | US$242.4b | US$18.0b | 31x | 47.2x | 3.5x |
| Fri, 28 Mar 2025 | US$891.3b | US$242.7b | US$18.3b | 42.5x | 48.7x | 3.7x |
| Sun, 23 Feb 2025 | US$976.6b | US$239.7b | US$18.2b | 40.2x | 53.8x | 4.1x |
| Tue, 21 Jan 2025 | US$872.5b | US$234.1b | US$16.3b | 42.1x | 53.4x | 3.7x |
| Thu, 19 Dec 2024 | US$901.0b | US$233.2b | US$16.4b | 43.7x | 55x | 3.9x |
| Sat, 16 Nov 2024 | US$846.0b | US$232.7b | US$16.3b | 44.3x | 51.8x | 3.6x |
| Mon, 14 Oct 2024 | US$823.0b | US$232.9b | US$17.8b | 43.4x | 46.3x | 3.5x |
| Wed, 11 Sep 2024 | US$746.9b | US$233.2b | US$17.5b | 35.5x | 42.6x | 3.2x |
| Fri, 09 Aug 2024 | US$712.2b | US$232.9b | US$17.5b | 29x | 40.6x | 3.1x |
| Sun, 07 Jul 2024 | US$718.8b | US$236.9b | US$17.2b | 26.9x | 41.8x | 3x |
| Tue, 04 Jun 2024 | US$671.5b | US$237.1b | US$17.3b | 27.8x | 38.8x | 2.8x |
| Thu, 02 May 2024 | US$699.6b | US$228.0b | US$14.3b | 26.2x | 48.9x | 3.1x |
| Sat, 30 Mar 2024 | US$783.3b | US$227.8b | US$13.8b | 24.5x | 56.6x | 3.4x |
| Mon, 26 Feb 2024 | US$827.1b | US$227.5b | US$14.2b | 22x | 58.2x | 3.6x |
| Wed, 24 Jan 2024 | US$818.4b | US$229.4b | US$12.9b | 23.2x | 63.2x | 3.6x |
| Fri, 22 Dec 2023 | US$774.9b | US$229.5b | US$12.8b | 20.3x | 60.5x | 3.4x |
| Sun, 19 Nov 2023 | US$717.0b | US$228.4b | US$12.7b | 20.7x | 56.5x | 3.1x |
| Tue, 17 Oct 2023 | US$659.4b | US$227.2b | US$6.5b | 20.9x | 101.9x | 2.9x |
| Thu, 14 Sep 2023 | US$693.9b | US$226.6b | US$6.8b | 22.9x | 102.2x | 3.1x |
| Sat, 12 Aug 2023 | US$665.1b | US$226.3b | US$6.7b | 22.8x | 99.6x | 2.9x |
| Mon, 10 Jul 2023 | US$667.8b | US$228.6b | US$6.1b | 24.2x | 109.6x | 2.9x |
| Wed, 07 Jun 2023 | US$675.2b | US$228.2b | US$5.9b | 24.2x | 114x | 3x |
| Fri, 05 May 2023 | US$605.3b | US$233.0b | US$3.9b | 23x | 154.2x | 2.6x |
| Sun, 02 Apr 2023 | US$606.6b | US$225.6b | US$2.4b | 22.3x | 254x | 2.7x |
| Tue, 28 Feb 2023 | US$2.0t | US$462.7b | US$22.3b | 26.9x | 87.6x | 4.2x |
| Thu, 26 Jan 2023 | US$2.0t | US$458.3b | US$39.1b | 28.4x | 51.7x | 4.4x |
| Sat, 24 Dec 2022 | US$1.9t | US$457.9b | US$39.2b | 27.9x | 47.5x | 4.1x |
| Mon, 21 Nov 2022 | US$1.9t | US$456.7b | US$37.9b | 28.2x | 50.9x | 4.2x |
| Wed, 19 Oct 2022 | US$1.8t | US$449.5b | US$41.7b | 26.7x | 43.7x | 4x |
| Fri, 16 Sep 2022 | US$1.9t | US$447.0b | US$41.4b | 25.6x | 47x | 4.3x |
| Sun, 14 Aug 2022 | US$2.2t | US$445.4b | US$41.6b | 30.1x | 51.8x | 4.8x |
| Tue, 12 Jul 2022 | US$1.9t | US$441.6b | US$46.9b | 29.1x | 41.3x | 4.4x |
| Thu, 09 Jun 2022 | US$2.1t | US$438.7b | US$46.9b | 29.5x | 45x | 4.8x |
| Sat, 07 May 2022 | US$2.0t | US$431.3b | US$46.6b | 30.2x | 43.9x | 4.7x |
Price to Earnings Ratio
43.9x
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 47.2x which is lower than its 3-year average PE of 67.2x.
- The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 27% per year over the last three years,
- Revenues have also declined 17% 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 | 5.23% | |
| Tech | 8.86% | |
| IT | 7.02% | |
| Internet Services and Infrastructure | 14.17% | |
| IT Consulting | 2.72% | |
| Data Processing Services | 1.54% | |
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 19.7%, which is higher than its past year's earnings growth of 14.7% per year.
- Investors are most pessimistic about the Data Processing Services industry, which is trading below its 3-year average of 30.6x.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| SHOP Shopify | US$98.92 | 15.4% +US$17.1b | 40.9% | PE63.4x | |
| ACN Accenture | US$298.47 | 5.1% +US$9.1b | -0.8% | PE24.3x | |
| SNOW Snowflake | US$160.35 | 14.3% +US$6.7b | 3.3% | PS14.8x | |
| NET Cloudflare | US$122.23 | 14.4% +US$5.3b | 39.9% | PS25.4x | |
| OKTA Okta | US$112.54 | 19.3% +US$3.2b | 21.0% | PE697.8x |