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U.S. Tech Hardware Industry Analysis

UpdatedAug 02, 2025
DataAggregated Company Financials
Companies46
  • 7D-5.2%
  • 3M-0.2%
  • 1Y-7.2%
  • YTD-16.1%

Over the last 7 days, the Tech Hardware industry has dropped 5.2%, driven by a pullback from Apple of 5.4%. On the other hand Western Digital is actually up 11%. The industry has fallen 7.2% in the last year. Earnings are forecast to grow by 9.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 Aug 2025US$3.2tUS$502.4bUS$101.0b18.4x32.1x6.4x
Mon, 30 Jun 2025US$3.1tUS$500.2bUS$98.5b18.2x31.9x6.3x
Wed, 28 May 2025US$3.0tUS$499.7bUS$99.9b17x30.4x6.1x
Fri, 25 Apr 2025US$3.2tUS$494.1bUS$101.2b12.8x31.4x6.4x
Sun, 23 Mar 2025US$3.4tUS$494.0bUS$101.2b16.5x33.5x6.9x
Tue, 18 Feb 2025US$3.8tUS$479.7bUS$100.4b22.1x38x8x
Thu, 16 Jan 2025US$3.6tUS$473.9bUS$97.2b23.7x37.4x7.7x
Sat, 14 Dec 2024US$3.9tUS$473.9bUS$97.2b27.9x39.9x8.2x
Mon, 11 Nov 2024US$3.6tUS$472.6bUS$96.4b23.4x36.8x7.5x
Wed, 09 Oct 2024US$3.6tUS$466.0bUS$106.7b19.2x33.4x7.6x
Fri, 06 Sep 2024US$3.5tUS$466.1bUS$106.6b21.1x32.6x7.5x
Sun, 04 Aug 2024US$3.5tUS$461.9bUS$105.9b24.8x32.8x7.5x
Tue, 02 Jul 2024US$3.4tUS$457.1bUS$103.3b27.2x32.8x7.4x
Thu, 30 May 2024US$3.1tUS$456.7bUS$103.3b28.3x29.7x6.7x
Sat, 27 Apr 2024US$2.8tUS$458.2bUS$103.4b24.1x26.7x6x
Mon, 25 Mar 2024US$2.8tUS$457.8bUS$102.9b26.4x27.3x6.1x
Wed, 21 Feb 2024US$2.9tUS$458.7bUS$102.6b27.8x28.6x6.4x
Fri, 19 Jan 2024US$3.0tUS$454.7bUS$98.6b27.1x30.6x6.6x
Sun, 17 Dec 2023US$3.2tUS$455.3bUS$98.5b27.4x32.2x7x
Tue, 14 Nov 2023US$3.0tUS$456.1bUS$98.2b19x30.2x6.5x
Thu, 12 Oct 2023US$2.9tUS$453.8bUS$95.1b25.5x30.5x6.4x
Sat, 09 Sep 2023US$2.9tUS$453.9bUS$95.1b23.2x30.2x6.3x
Mon, 07 Aug 2023US$2.9tUS$453.5bUS$95.2b31.7x30.9x6.5x
Wed, 05 Jul 2023US$3.1tUS$456.4bUS$95.7b32.1x32.6x6.8x
Fri, 02 Jun 2023US$2.9tUS$456.4bUS$95.7b30x30.5x6.4x
Sun, 30 Apr 2023US$2.8tUS$460.6bUS$97.2b21.7x28.3x6x
Tue, 28 Mar 2023US$2.6tUS$460.6bUS$97.0b23.7x26.6x5.6x
Thu, 23 Feb 2023US$2.4tUS$460.1bUS$97.4b24.8x25x5.3x
Sat, 21 Jan 2023US$2.3tUS$467.8bUS$102.0b22.7x22.1x4.8x
Mon, 19 Dec 2022US$2.2tUS$467.8bUS$102.0b22.3x21.6x4.7x
Wed, 16 Nov 2022US$2.5tUS$467.1bUS$104.5b16.9x23.6x5.3x
Fri, 14 Oct 2022US$2.4tUS$460.8bUS$105.2b15.2x22.5x5.1x
Sun, 11 Sep 2022US$2.6tUS$461.5bUS$105.4b16.6x24.7x5.6x
Tue, 09 Aug 2022US$2.7tUS$460.5bUS$105.3b17x25.9x5.9x
Price to Earnings Ratio

25.9x


Total Market Cap: US$2.7tTotal Earnings: US$105.3bTotal Revenue: US$460.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 30.2x202320242025
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 30.2x.
  • The industry is trading close to its 3-year average PS ratio of 6.5x.
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 2.9% 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 Market-2.70%
Tech-1.86%
Tech Hardware-5.18%
Tech Hardware Storage and Peripherals-5.18%
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
WDC Western DigitalUS$76.5511.2%
+US$2.7b		33.8%PE16.7x
SMCI Super Micro ComputerUS$56.644.0%
+US$1.3b		-9.3%PE29.4x
STX Seagate Technology HoldingsUS$154.812.6%
+US$953.0m		63.7%PE22.4x
FOXX Foxx Development HoldingsUS$7.7018.5%
+US$8.1m		-33.3%PS1x
TACT TransAct TechnologiesUS$3.840.8%
+US$302.4k		3.5%PS0.8x

Latest News

STX
US$154.81
Seagate Technology Holdings
7D
2.6%
1Y
63.7%
AAPL
US$202.38
Apple
7D
-5.4%
1Y
-8.0%
DELL
US$127.32
Dell Technologies
7D
-3.0%
1Y
24.5%
NTAP
US$101.10
NetApp
7D
-3.7%
1Y
-15.1%
WDC
US$76.55
Western Digital
7D
11.2%
1Y
33.8%
IONQ
US$38.12
IonQ
7D
-11.7%
1Y
438.4%
SMCI
US$56.64
Super Micro Computer
7D
4.0%
1Y
-9.3%
TACT
US$3.84
TransAct Technologies
7D
0.8%
1Y
3.5%
HPQ
US$24.45
HP
7D
-4.8%
1Y
-27.5%

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HPE
US$19.81
Hewlett Packard Enterprise
7D
-4.4%
1Y
9.9%
PSTG
US$54.51
Pure Storage
7D
-5.3%
1Y
0.4%
QUBT
US$14.80
Quantum Computing
7D
-11.4%
1Y
2,374.5%
FOXX
US$7.70
Foxx Development Holdings
7D
18.5%
1Y
-33.3%