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U.S. Systems Software Industry Analysis

UpdatedSep 18, 2025
DataAggregated Company Financials
Companies69
  • 7D0.2%
  • 3M9.3%
  • 1Y25.7%
  • YTDn/a

The Systems Software industry is up 5.2% in the last week, with Microsoft up 1.9%. During this same period, the Oracle underperformed, falling 8.2%. In the last 12 months, the industry was up 24%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Sep 2025US$5.4tUS$399.6bUS$120.0b37.2x44.8x13.4x
Sat, 16 Aug 2025US$5.2tUS$397.2bUS$120.1b38x43.5x13.2x
Mon, 14 Jul 2025US$5.1tUS$383.0bUS$114.3b38.7x44.7x13.3x
Wed, 11 Jun 2025US$4.8tUS$381.3bUS$114.0b38.6x41.8x12.5x
Fri, 09 May 2025US$4.3tUS$380.3bUS$114.4b34.2x37.9x11.4x
Sun, 06 Apr 2025US$3.6tUS$372.1bUS$110.4b28.8x32.5x9.6x
Tue, 04 Mar 2025US$4.1tUS$370.8bUS$109.9b32.7x37.4x11.1x
Thu, 30 Jan 2025US$4.5tUS$371.2bUS$109.1b37.5x41.5x12.2x
Sat, 28 Dec 2024US$4.4tUS$362.5bUS$108.9b37.4x40.2x12.1x
Mon, 25 Nov 2024US$4.3tUS$360.9bUS$108.0b39.5x40.1x12x
Wed, 23 Oct 2024US$4.2tUS$350.5bUS$105.1b40.2x40.3x12.1x
Fri, 20 Sep 2024US$4.2tUS$350.5bUS$105.0b40.2x40.4x12.1x
Sun, 18 Aug 2024US$4.1tUS$348.9bUS$104.3b36.9x39x11.6x
Tue, 16 Jul 2024US$4.3tUS$333.6bUS$101.7b40.1x42.2x12.8x
Thu, 13 Jun 2024US$3.7tUS$280.7bUS$91.2b39.8x40.7x13.2x
Sat, 11 May 2024US$3.5tUS$280.1bUS$90.5b38.7x39.1x12.6x
Mon, 08 Apr 2024US$3.6tUS$271.0bUS$87.0b38.3x41.9x13.5x
Wed, 06 Mar 2024US$3.6tUS$270.7bUS$87.0b38.3x41.2x13.3x
Fri, 02 Feb 2024US$3.6tUS$286.6bUS$85.9b41.2x42x12.6x
Sun, 31 Dec 2023US$3.4tUS$276.8bUS$80.3b41.5x41.8x12.1x
Tue, 28 Nov 2023US$3.3tUS$276.0bUS$79.7b42.3x41.7x12x
Thu, 26 Oct 2023US$3.0tUS$279.8bUS$79.6b41.5x37.9x10.8x
Sat, 23 Sep 2023US$2.9tUS$273.4bUS$74.8b42.3x38.2x10.4x
Mon, 21 Aug 2023US$2.8tUS$272.8bUS$74.5b42.4x38x10.4x
Wed, 19 Jul 2023US$3.1tUS$262.2bUS$68.2b48.1x46.1x12x
Fri, 16 Jun 2023US$3.0tUS$262.1bUS$68.3b45.4x43.3x11.3x
Sun, 14 May 2023US$2.7tUS$261.1bUS$67.9b41.3x39.5x10.3x
Tue, 11 Apr 2023US$2.5tUS$256.9bUS$65.0b43.8x39x9.9x
Thu, 09 Mar 2023US$2.3tUS$256.5bUS$65.2b42.3x34.8x8.8x
Sat, 04 Feb 2023US$2.3tUS$242.8bUS$63.4b45.4x35.5x9.3x
Mon, 02 Jan 2023US$2.1tUS$241.4bUS$65.6b42.1x31.6x8.6x
Wed, 30 Nov 2022US$2.1tUS$240.9bUS$66.4b43.8x31.7x8.7x
Fri, 28 Oct 2022US$2.0tUS$231.3bUS$67.7b46.9x29.3x8.6x
Sun, 25 Sep 2022US$2.0tUS$225.6bUS$70.8b53.4x28.6x9x
Price to Earnings Ratio

28.6x


Total Market Cap: US$2.0tTotal Earnings: US$70.8bTotal Revenue: US$225.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Systems Software Industry Price to Earnings3Y Average 39x202320242025
Current Industry PE
  • Investors are optimistic on the American Systems Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 45.1x which is higher than its 3-year average PE of 39.0x.
  • The 3-year average PS ratio of 11.3x is lower than the industry's current PS ratio of 13.5x.
Past Earnings Growth
  • The earnings for companies in the Systems Software industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 21% 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. Systems Software compare with similar industries?

US Market1.17%
Tech0.19%
Software0.91%
Systems Software0.20%
Application Software2.56%
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
MSFT MicrosoftUS$510.021.9%
+US$71.7b		18.4%PE37.2x
NOW ServiceNowUS$950.372.9%
+US$5.6b		6.7%PE118.7x
CRWD CrowdStrike HoldingsUS$445.504.9%
+US$5.2b		66.8%PS25.8x
PANW Palo Alto NetworksUS$203.122.9%
+US$3.9b		23.2%PE119.8x
ZS ZscalerUS$279.460.2%
+US$832.4m		65.8%PS16.5x

Latest News

MSFT
US$510.02
Microsoft
7D
1.9%
1Y
18.4%
CRWD
US$445.50
CrowdStrike Holdings
7D
4.9%
1Y
66.8%
ZS
US$279.46
Zscaler
7D
0.2%
1Y
65.8%
RBRK
US$73.89
Rubrik
7D
-8.5%
1Y
134.3%
ORCL
US$301.41
Oracle
7D
-8.2%
1Y
83.2%
NABL
US$8.13
N-able
7D
-0.9%
1Y
-36.6%
CYBR
US$480.15
CyberArk Software
7D
2.4%
1Y
79.1%
PRGS
US$41.91
Progress Software
7D
-1.1%
1Y
-27.1%
TENB
US$29.81
Tenable Holdings
7D
-0.4%
1Y
-24.8%
NOW
US$950.37
ServiceNow
7D
2.9%
1Y
6.7%
FROG
US$47.96
JFrog
7D
-3.4%
1Y
70.3%

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PANW
US$203.12
Palo Alto Networks
7D
2.9%
1Y
23.2%
GEN
US$28.66
Gen Digital
7D
-2.0%
1Y
7.8%
CVLT
US$189.44
Commvault Systems
7D
7.4%
1Y
27.2%
AUID
US$2.95
authID
7D
-16.8%
1Y
-60.7%
FTNT
US$80.29
Fortinet
7D
1.0%
1Y
7.5%

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