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U.S. Tech Hardware Industry Analysis

UpdatedApr 13, 2025
DataAggregated Company Financials
Companies42
  • 7D5.4%
  • 3M-15.9%
  • 1Y9.6%
  • YTD-19.1%

The Tech Hardware industry is up 5.4% in the last week, with Apple up 5.2%. During this same period, the Corsair Gaming underperformed, falling 8.5%. In the last 12 months, the industry was up 9.6%. Looking forward, earnings are forecast to grow by 9.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 14 Apr 2025US$3.1tUS$494.0bUS$101.2b13.6x30.3x6.2x
Wed, 12 Mar 2025US$3.5tUS$494.0bUS$101.2b16.3x34.8x7.1x
Fri, 07 Feb 2025US$3.6tUS$479.7bUS$100.5b21.8x36.1x7.6x
Sun, 05 Jan 2025US$3.8tUS$473.9bUS$97.2b23.5x39.2x8x
Tue, 03 Dec 2024US$3.7tUS$472.7bUS$96.5b21.8x38.5x7.9x
Thu, 31 Oct 2024US$3.6tUS$467.2bUS$106.7b16x34x7.8x
Sat, 28 Sep 2024US$3.6tUS$466.0bUS$106.7b18x33.6x7.7x
Mon, 26 Aug 2024US$3.6tUS$465.2bUS$106.5b24.9x33.7x7.7x
Wed, 24 Jul 2024US$3.6tUS$457.1bUS$103.2b27x34.7x7.8x
Fri, 21 Jun 2024US$3.5tUS$457.1bUS$103.2b26.6x33.4x7.6x
Sun, 19 May 2024US$3.1tUS$456.7bUS$103.3b28x29.8x6.7x
Tue, 16 Apr 2024US$2.9tUS$457.8bUS$102.9b24.5x27.9x6.3x
Thu, 14 Mar 2024US$2.8tUS$457.8bUS$102.7b26.2x27.3x6.1x
Sat, 10 Feb 2024US$3.0tUS$458.7bUS$102.6b28.9x29.6x6.6x
Mon, 08 Jan 2024US$2.9tUS$454.7bUS$98.6b26.6x29.6x6.4x
Wed, 06 Dec 2023US$3.0tUS$455.3bUS$98.5b27x30.9x6.7x
Fri, 03 Nov 2023US$2.8tUS$453.0bUS$94.8b19.9x29.6x6.2x
Sun, 01 Oct 2023US$2.8tUS$453.8bUS$95.1b22.7x29.1x6.1x
Tue, 29 Aug 2023US$2.9tUS$453.8bUS$95.2b25.2x30.3x6.3x
Thu, 27 Jul 2023US$3.1tUS$456.4bUS$95.7b32.4x32.8x6.9x
Sat, 24 Jun 2023US$3.0tUS$456.4bUS$95.7b31.1x31.6x6.6x
Mon, 22 May 2023US$2.8tUS$456.4bUS$95.7b25.5x29.6x6.2x
Wed, 19 Apr 2023US$2.7tUS$460.5bUS$97.1b25.8x27.9x5.9x
Fri, 17 Mar 2023US$2.5tUS$460.5bUS$96.9b25.9x26.1x5.5x
Sun, 12 Feb 2023US$2.5tUS$460.1bUS$97.3b25.1x25.3x5.4x
Tue, 10 Jan 2023US$2.1tUS$467.8bUS$102.0b22.9x21x4.6x
Thu, 08 Dec 2022US$2.3tUS$467.8bUS$102.0b22.5x22.7x4.9x
Sat, 05 Nov 2022US$2.3tUS$467.0bUS$104.4b18.6x21.7x4.9x
Mon, 03 Oct 2022US$2.3tUS$460.9bUS$105.2b15.8x21.7x5x
Wed, 31 Aug 2022US$2.6tUS$461.2bUS$105.4b15.6x24.9x5.7x
Fri, 29 Jul 2022US$2.6tUS$459.5bUS$108.0b15.6x24.2x5.7x
Sun, 26 Jun 2022US$2.4tUS$459.6bUS$108.1b14.7x21.9x5.1x
Tue, 24 May 2022US$2.4tUS$459.3bUS$108.1b15.1x22.1x5.2x
Thu, 21 Apr 2022US$2.8tUS$450.9bUS$107.0b17.3x26.3x6.2x
Price to Earnings Ratio

26.3x


Total Market Cap: US$2.8tTotal Earnings: US$107.0bTotal Revenue: US$450.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 29.3x202320242025
Current Industry PE
  • Investors are relatively neutral on the American Tech industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 29.3x.
  • The industry is trading close to its 3-year average PS ratio of 6.4x.
Past Earnings Growth
  • The earnings for companies in the Tech industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 3.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the U.S. Tech industry?

US Market5.42%
Tech9.36%
Tech Hardware5.35%
Tech Hardware Storage and Peripherals5.35%
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
AAPL AppleUS$198.155.2%
+US$146.8b		12.2%PE31x
DELL Dell TechnologiesUS$81.9314.4%
+US$7.2b		-30.4%PE12.5x
SMCI Super Micro ComputerUS$33.1511.2%
+US$2.0b		-63.1%PE13.6x
HPE Hewlett Packard EnterpriseUS$14.1410.6%
+US$1.8b		-18.8%PE6.7x
WDC Western DigitalUS$34.4012.6%
+US$1.3b		-52.3%PE9.9x
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