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U.S. Tech Hardware Industry Analysis

UpdatedJun 21, 2025
DataAggregated Company Financials
Companies46
  • 7D2.4%
  • 3M-7.1%
  • 1Y-4.0%
  • YTD-17.0%

The Tech Hardware industry is up 2.4% in the last week, with Apple up 2.3%. During this same period, the Canaan underperformed, falling 8.6%. In contrast, the industry has lost 4.0% in the last 12 months. Earnings are forecast to grow by 9.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Jun 2025US$3.1tUS$500.2bUS$98.5b17.5x31.2x6.1x
Tue, 20 May 2025US$3.3tUS$499.6bUS$100.0b16.7x32.8x6.6x
Thu, 17 Apr 2025US$3.1tUS$494.0bUS$101.2b11.7x31x6.3x
Sat, 15 Mar 2025US$3.3tUS$494.1bUS$101.2b16.5x32.2x6.6x
Mon, 10 Feb 2025US$3.6tUS$479.7bUS$100.5b21.7x35.4x7.4x
Wed, 08 Jan 2025US$3.8tUS$473.9bUS$97.2b23.8x39.5x8.1x
Fri, 06 Dec 2024US$3.8tUS$472.8bUS$96.5b22.7x39.5x8.1x
Sun, 03 Nov 2024US$3.5tUS$472.6bUS$98.6b14.6x35.4x7.4x
Tue, 01 Oct 2024US$3.7tUS$466.0bUS$106.7b15.2x34.4x7.9x
Thu, 29 Aug 2024US$3.6tUS$465.2bUS$106.5b21.6x33.8x7.7x
Sat, 27 Jul 2024US$3.5tUS$456.9bUS$103.3b26.3x33.6x7.6x
Mon, 24 Jun 2024US$3.3tUS$457.1bUS$103.2b26.6x32.4x7.3x
Wed, 22 May 2024US$3.1tUS$456.7bUS$103.3b27.6x29.8x6.7x
Fri, 19 Apr 2024US$2.7tUS$457.8bUS$102.9b23.8x26.5x6x
Sun, 17 Mar 2024US$2.8tUS$457.8bUS$102.8b26.4x27.4x6.2x
Tue, 13 Feb 2024US$3.0tUS$458.7bUS$102.6b28.6x29.4x6.6x
Thu, 11 Jan 2024US$3.0tUS$454.7bUS$98.6b27.8x30.2x6.6x
Sat, 09 Dec 2023US$3.1tUS$455.3bUS$98.5b26.6x31.6x6.8x
Mon, 06 Nov 2023US$2.8tUS$452.4bUS$97.1b20.6x29.2x6.3x
Wed, 04 Oct 2023US$2.8tUS$453.8bUS$95.1b22.3x29.5x6.2x
Fri, 01 Sep 2023US$3.0tUS$453.9bUS$95.1b22.7x31.9x6.7x
Sun, 30 Jul 2023US$3.2tUS$456.4bUS$95.7b32.8x33x6.9x
Tue, 27 Jun 2023US$3.0tUS$456.4bUS$95.7b30.9x31.3x6.6x
Thu, 25 May 2023US$2.8tUS$456.4bUS$95.7b25x29x6.1x
Sat, 22 Apr 2023US$2.7tUS$460.5bUS$97.1b24.7x27.6x5.8x
Mon, 20 Mar 2023US$2.5tUS$460.5bUS$97.0b24.3x26x5.5x
Wed, 15 Feb 2023US$2.5tUS$460.1bUS$97.3b25.5x25.7x5.4x
Fri, 13 Jan 2023US$2.2tUS$467.8bUS$102.0b22.7x21.5x4.7x
Sun, 11 Dec 2022US$2.3tUS$467.8bUS$102.0b23.3x22.9x5x
Tue, 08 Nov 2022US$2.3tUS$467.0bUS$104.4b18.7x21.8x4.9x
Thu, 06 Oct 2022US$2.4tUS$460.9bUS$105.2b16.4x23x5.3x
Sat, 03 Sep 2022US$2.6tUS$461.5bUS$105.4b15x24.4x5.6x
Mon, 01 Aug 2022US$2.7tUS$461.1bUS$105.7b16x25.4x5.8x
Wed, 29 Jun 2022US$2.4tUS$459.6bUS$108.1b14.7x21.9x5.1x
Price to Earnings Ratio

21.9x


Total Market Cap: US$2.4tTotal Earnings: US$108.1bTotal Revenue: US$459.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 29.8x202320242025
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 29.8x.
  • 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 declined 3.0% per year 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, which has decreased profits.

Industry Trends

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

US Market0.00049%
Tech0.92%
Tech Hardware2.41%
Tech Hardware Storage and Peripherals2.41%
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$201.002.3%
+US$68.0b		-3.1%PE30.9x
DELL Dell TechnologiesUS$119.379.0%
+US$6.7b		-17.7%PE17.8x
SMCI Super Micro ComputerUS$45.329.0%
+US$2.2b		-49.9%PE23.5x
WDC Western DigitalUS$59.296.4%
+US$1.3b		-21.8%PE19.5x
STX Seagate Technology HoldingsUS$130.962.9%
+US$783.1m		27.0%PE18.6x

Latest News

DELL
US$119.37
Dell Technologies
7D
9.0%
1Y
-17.7%
STX
US$130.96
Seagate Technology Holdings
7D
2.9%
1Y
27.0%

Why Investors Shouldn't Be Surprised By Seagate Technology Holdings plc's (NASDAQ:STX) 26% Share Price Surge

Jun 20
Why Investors Shouldn't Be Surprised By Seagate Technology Holdings plc's (NASDAQ:STX) 26% Share Price Surge
QMCO
US$8.43
Quantum
7D
-15.2%
1Y
-4.9%
PSTG
US$51.58
Pure Storage
7D
-0.1%
1Y
-20.0%
IONQ
US$40.36
IonQ
7D
6.7%
1Y
497.0%
AAPL
US$201.00
Apple
7D
2.3%
1Y
-3.1%
SMCI
US$45.32
Super Micro Computer
7D
9.0%
1Y
-49.9%
SCKT
US$1.14
Socket Mobile
7D
-4.3%
1Y
-0.9%
SNDK
US$46.58
Sandisk
7D
9.6%
1Y
n/a
NTAP
US$102.69
NetApp
7D
2.2%
1Y
-19.5%

NetApp: Needs To Prove Its Capabilities Before Achieving Revenue Expansion

Jun 04
WDC
US$59.29
Western Digital
7D
6.4%
1Y
-21.8%
CAN
US$0.61
Canaan
7D
-8.6%
1Y
-45.2%
CRSR
US$9.03
Corsair Gaming
7D
-0.2%
1Y
-18.6%

The Market Lifts Corsair Gaming, Inc. (NASDAQ:CRSR) Shares 44% But It Can Do More

May 20
The Market Lifts Corsair Gaming, Inc. (NASDAQ:CRSR) Shares 44% But It Can Do More
FOXX
US$5.32
Foxx Development Holdings
7D
-5.8%
1Y
-52.9%