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U.S. Application Software Industry Analysis

UpdatedJun 17, 2024
DataAggregated Company Financials
Companies343
  • 7D2.0%
  • 3M-7.3%
  • 1Y12.7%
  • YTDn/a

Over the last 7 days, the Application Software industry has risen 2.0%, driven by gains from Adobe of 14%. In the last 12 months, the industry was up 13%. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Jun 2024US$1.6tUS$197.6bUS$16.4b40.1x99.7x8.3x
Wed, 15 May 2024US$1.7tUS$194.1bUS$13.7b45.4x122.4x8.6x
Fri, 12 Apr 2024US$1.7tUS$195.3bUS$11.3b45.3x153.1x8.9x
Sun, 10 Mar 2024US$1.8tUS$199.3bUS$11.3b49.9x161.1x9.2x
Tue, 06 Feb 2024US$1.8tUS$192.7bUS$4.4b55.7x399.6x9.1x
Thu, 04 Jan 2024US$1.7tUS$209.4bUS$2.6b48x675.3x8.2x
Sat, 02 Dec 2023US$1.7tUS$208.5bUS$2.1b49.1x826.4x8.3x
Mon, 30 Oct 2023US$1.5tUS$204.5b-US$798,678,918.0042.9x-1837.1x7.2x
Wed, 27 Sep 2023US$1.5tUS$204.0b-US$1,613,819,587.0045.8x-939.6x7.4x
Fri, 25 Aug 2023US$1.5tUS$201.1b-US$3,742,714,100.0044.6x-408.5x7.6x
Sun, 23 Jul 2023US$1.6tUS$198.7b-US$8,012,906,561.0048x-199.8x8.1x
Tue, 20 Jun 2023US$1.5tUS$198.4b-US$5,985,716,552.0046.8x-255.2x7.7x
Thu, 18 May 2023US$1.4tUS$195.8b-US$6,944,155,849.0038.5x-195.5x6.9x
Sat, 15 Apr 2023US$1.4tUS$196.7b-US$4,558,559,347.0042.3x-305.1x7.1x
Mon, 13 Mar 2023US$1.3tUS$196.9b-US$5,184,553,101.0042.8x-247.5x6.5x
Wed, 08 Feb 2023US$1.4tUS$193.5b-US$5,589,024,637.0039.9x-244.4x7.1x
Fri, 06 Jan 2023US$1.2tUS$193.0b-US$5,464,773,484.0039.9x-212.1x6x
Sun, 04 Dec 2022US$1.3tUS$192.2b-US$5,392,110,950.0047.1x-232.4x6.5x
Tue, 01 Nov 2022US$1.3tUS$187.4b-US$6,208,258,759.0032.1x-203x6.7x
Thu, 29 Sep 2022US$1.3tUS$188.0b-US$5,994,877,942.0038.9x-211.2x6.7x
Sat, 27 Aug 2022US$1.4tUS$187.1b-US$5,676,819,279.0044.5x-254.4x7.7x
Mon, 25 Jul 2022US$1.4tUS$186.6b-US$3,637,665,933.0042.8x-387.9x7.6x
Wed, 22 Jun 2022US$1.3tUS$186.9b-US$3,464,871,036.0034.6x-368.5x6.8x
Fri, 20 May 2022US$1.3tUS$184.6b-US$3,064,679,846.0041.3x-430.5x7.1x
Sun, 17 Apr 2022US$1.6tUS$180.3b-US$2,266,398,418.0040.3x-709.1x8.9x
Tue, 15 Mar 2022US$1.5tUS$178.8b-US$2,756,043,825.0037.8x-536.9x8.3x
Thu, 10 Feb 2022US$1.9tUS$173.7bUS$263.3m42.5x7253.4x11x
Sat, 08 Jan 2022US$1.8tUS$167.9bUS$1.9b46.9x979.6x10.9x
Mon, 06 Dec 2021US$2.0tUS$165.6bUS$3.6b45.5x562.3x12.1x
Wed, 03 Nov 2021US$2.3tUS$160.8bUS$4.9b57.6x462.3x14.2x
Fri, 01 Oct 2021US$2.1tUS$160.3bUS$5.1b59.9x421.1x13.3x
Sun, 29 Aug 2021US$2.2tUS$158.3bUS$6.5b53.4x340.5x14x
Mon, 05 Jul 2021US$2.0tUS$151.5bUS$9.8b50.1x201.9x13x
Price to Earnings Ratio

201.9x


Total Market Cap: US$2.0tTotal Earnings: US$9.8bTotal Revenue: US$151.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Application Software Industry Price to Earnings3Y Average 154.6x202220232024
Current Industry PE
  • Investors are pessimistic on the American Application Software 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 100x which is lower than its 3-year average PE of 155x.
  • The industry is trading close to its 3-year average PS ratio of 8.8x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 9.3% 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. Application Software compare with similar industries?

US Market0.97%
Tech5.87%
Software3.38%
Application Software2.02%
Systems Software3.92%
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
ADBE AdobeUS$525.3114.2%
+US$29.3b
6.1%PE46.3x
INTU IntuitUS$595.705.0%
+US$8.0b
30.9%PE54.2x
CDNS Cadence Design SystemsUS$312.105.4%
+US$4.4b
32.3%PE81.7x
SNPS SynopsysUS$590.212.4%
+US$2.1b
33.8%PE63.6x
FICO Fair IsaacUS$1.39k6.1%
+US$2.0b
73.8%PE71.4x
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Latest News

ROP

US$549.45

Roper Technologies

7D

-1.3%

1Y

19.8%

INTU

US$595.70

Intuit

7D

5.0%

1Y

30.9%

FICO

US$1,390.59

Fair Isaac

7D

6.1%

1Y

73.8%

MSTR

US$1,495.54

MicroStrategy

7D

-6.5%

1Y

409.7%

ZM

US$57.74

Zoom Video Communications

7D

-8.3%

1Y

-17.6%

CRM

US$231.94

Salesforce

7D

-4.1%

1Y

9.5%

ADSK

US$225.87

Autodesk

7D

3.5%

1Y

5.8%

APP

US$77.52

AppLovin

7D

-3.6%

1Y

223.4%

IOT

US$28.07

Samsara

7D

-9.3%

1Y

-2.9%