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U.S. Tech Hardware Industry Analysis
UpdatedJun 08, 2025
DataAggregated Company Financials
Companies45
- 7D1.7%
- 3M-9.4%
- 1Y2.5%
- YTD-15.9%
Over the last 7 days, the Tech Hardware industry has risen 1.7%, driven by gains from Apple of 1.5%. In the same time, Quantum was down 10%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 9.2% annually.
Industry Valuation and Performance
Has the U.S. Tech Hardware Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Jun 2025 | US$3.2t | US$500.2b | US$98.5b | 18.2x | 32.2x | 6.4x |
| Tue, 06 May 2025 | US$3.2t | US$498.6b | US$102.2b | 13.3x | 31.1x | 6.4x |
| Thu, 03 Apr 2025 | US$3.5t | US$494.0b | US$101.2b | 14.4x | 34.1x | 7x |
| Sat, 01 Mar 2025 | US$3.8t | US$492.7b | US$100.5b | 17.8x | 37.4x | 7.6x |
| Mon, 27 Jan 2025 | US$3.5t | US$473.9b | US$97.2b | 24.3x | 35.9x | 7.4x |
| Wed, 25 Dec 2024 | US$4.0t | US$473.9b | US$97.2b | 26.6x | 41.5x | 8.5x |
| Fri, 22 Nov 2024 | US$3.6t | US$472.6b | US$96.4b | 23.9x | 37.1x | 7.6x |
| Sun, 20 Oct 2024 | US$3.7t | US$466.0b | US$106.8b | 19.7x | 34.7x | 7.9x |
| Tue, 17 Sep 2024 | US$3.5t | US$466.0b | US$106.7b | 21.4x | 32.8x | 7.5x |
| Thu, 15 Aug 2024 | US$3.5t | US$465.1b | US$106.7b | 23.9x | 32.7x | 7.5x |
| Sat, 13 Jul 2024 | US$3.7t | US$457.1b | US$103.3b | 27.2x | 35.4x | 8x |
| Mon, 10 Jun 2024 | US$3.2t | US$457.1b | US$103.2b | 25.8x | 30.7x | 6.9x |
| Wed, 08 May 2024 | US$2.9t | US$456.7b | US$103.3b | 25.7x | 28.5x | 6.4x |
| Fri, 05 Apr 2024 | US$2.8t | US$457.8b | US$102.9b | 24.4x | 26.9x | 6x |
| Sun, 03 Mar 2024 | US$2.9t | US$457.8b | US$102.6b | 27.5x | 28.5x | 6.4x |
| Tue, 30 Jan 2024 | US$3.1t | US$454.4b | US$98.6b | 30.6x | 31.3x | 6.8x |
| Thu, 28 Dec 2023 | US$3.1t | US$455.3b | US$98.5b | 26.9x | 31.5x | 6.8x |
| Sat, 25 Nov 2023 | US$3.0t | US$456.1b | US$98.1b | 21.8x | 31x | 6.7x |
| Mon, 23 Oct 2023 | US$2.8t | US$453.8b | US$95.1b | 20.5x | 29.3x | 6.1x |
| Wed, 20 Sep 2023 | US$2.9t | US$453.9b | US$95.1b | 20.5x | 30.4x | 6.4x |
| Fri, 18 Aug 2023 | US$2.9t | US$454.0b | US$95.2b | 25.1x | 30x | 6.3x |
| Sun, 16 Jul 2023 | US$3.1t | US$456.4b | US$95.7b | 31.8x | 32.3x | 6.8x |
| Tue, 13 Jun 2023 | US$3.0t | US$456.4b | US$95.7b | 30.6x | 31.1x | 6.5x |
| Thu, 11 May 2023 | US$2.8t | US$456.5b | US$95.8b | 25.1x | 29.2x | 6.1x |
| Sat, 08 Apr 2023 | US$2.7t | US$460.6b | US$97.1b | 24x | 27.6x | 5.8x |
| Mon, 06 Mar 2023 | US$2.5t | US$460.8b | US$97.2b | 25.1x | 25.3x | 5.3x |
| Wed, 01 Feb 2023 | US$2.4t | US$468.0b | US$102.8b | 23.4x | 22.9x | 5x |
| Fri, 30 Dec 2022 | US$2.1t | US$467.8b | US$102.0b | 22.1x | 20.9x | 4.6x |
| Sun, 27 Nov 2022 | US$2.4t | US$467.0b | US$104.4b | 18x | 23.3x | 5.2x |
| Tue, 25 Oct 2022 | US$2.4t | US$460.8b | US$105.2b | 14.1x | 23.1x | 5.3x |
| Thu, 22 Sep 2022 | US$2.5t | US$461.4b | US$105.4b | 15x | 24.1x | 5.5x |
| Sat, 20 Aug 2022 | US$2.8t | US$461.1b | US$105.4b | 16.6x | 26.9x | 6.2x |
| Mon, 18 Jul 2022 | US$2.5t | US$459.6b | US$108.1b | 14.9x | 23.1x | 5.4x |
| Wed, 15 Jun 2022 | US$2.2t | US$459.6b | US$108.1b | 14.8x | 20.5x | 4.8x |
Price to Earnings Ratio
20.5x
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 29.7x.
- 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 Market | 1.78% | |
| Tech | 3.24% | |
| Tech Hardware | 1.65% | |
| Tech Hardware Storage and Peripherals | 1.65% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AAPL Apple | US$203.92 | 1.5% +US$45.9b | 3.6% | PE31.3x | |
| STX Seagate Technology Holdings | US$126.97 | 7.7% +US$1.9b | 32.1% | PE18x | |
| DELL Dell Technologies | US$113.75 | 2.2% +US$1.7b | -12.5% | PE17x | |
| NTAP NetApp | US$106.25 | 7.2% +US$1.4b | -12.2% | PE18.2x | |
| WDC Western Digital | US$55.45 | 7.6% +US$1.4b | -26.0% | PE18.2x |
