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U.S. Tech Hardware Industry Analysis

UpdatedMay 13, 2025
DataAggregated Company Financials
Companies46
  • 7D6.0%
  • 3M-9.8%
  • 1Y11.4%
  • YTD-13.5%

The Tech Hardware industry has stayed flat over the last week. The past year has been better, since the industry has gained 4.9% in that time. As for the next few years, earnings are expected to grow by 9.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 May 2025US$3.1tUS$499.4bUS$100.0b15.3x30.8x6.2x
Thu, 10 Apr 2025US$2.7tUS$494.0bUS$101.2b14.9x26.4x5.4x
Sat, 08 Mar 2025US$3.6tUS$493.8bUS$100.8b16.8x36.2x7.4x
Mon, 03 Feb 2025US$3.7tUS$479.7bUS$100.5b21.6x36.6x7.7x
Wed, 01 Jan 2025US$3.9tUS$473.9bUS$97.2b23.7x40.5x8.3x
Fri, 29 Nov 2024US$3.7tUS$472.7bUS$96.5b21.6x38.1x7.8x
Sun, 27 Oct 2024US$3.6tUS$467.4bUS$107.9b22.5x33.8x7.8x
Tue, 24 Sep 2024US$3.6tUS$466.0bUS$106.7b19.5x33.7x7.7x
Thu, 22 Aug 2024US$3.6tUS$465.2bUS$106.5b25.1x33.6x7.7x
Sat, 20 Jul 2024US$3.6tUS$457.1bUS$103.3b26.3x34.7x7.8x
Mon, 17 Jun 2024US$3.4tUS$457.1bUS$103.2b26.3x33.1x7.5x
Wed, 15 May 2024US$3.0tUS$456.7bUS$103.2b27.8x29x6.6x
Fri, 12 Apr 2024US$2.7tUS$457.8bUS$102.9b24.9x26.6x6x
Sun, 10 Mar 2024US$2.8tUS$457.8bUS$102.7b26.1x27.2x6.1x
Tue, 06 Feb 2024US$3.0tUS$458.7bUS$102.6b28.7x29.4x6.6x
Thu, 04 Jan 2024US$3.0tUS$454.7bUS$98.6b25.7x30x6.5x
Sat, 02 Dec 2023US$3.0tUS$455.3bUS$98.5b27.2x31x6.7x
Mon, 30 Oct 2023US$2.7tUS$453.7bUS$95.6b19x28.4x6x
Wed, 27 Sep 2023US$2.8tUS$453.9bUS$95.1b20.6x29.2x6.1x
Fri, 25 Aug 2023US$2.8tUS$453.8bUS$95.2b25.3x29.9x6.3x
Sun, 23 Jul 2023US$3.1tUS$456.4bUS$95.7b32x32.5x6.8x
Tue, 20 Jun 2023US$3.0tUS$456.4bUS$95.7b30.8x31.3x6.6x
Thu, 18 May 2023US$2.8tUS$456.4bUS$95.7b25.2x29.1x6.1x
Sat, 15 Apr 2023US$2.7tUS$460.6bUS$97.1b25.8x27.7x5.8x
Mon, 13 Mar 2023US$2.4tUS$460.6bUS$97.0b24.7x24.9x5.3x
Wed, 08 Feb 2023US$2.5tUS$460.1bUS$97.3b25.7x25.9x5.5x
Fri, 06 Jan 2023US$2.1tUS$467.8bUS$102.0b22.2x20.2x4.4x
Sun, 04 Dec 2022US$2.4tUS$467.8bUS$102.0b23.6x23.8x5.2x
Tue, 01 Nov 2022US$2.5tUS$466.3bUS$104.3b18.7x24.1x5.4x
Thu, 29 Sep 2022US$2.5tUS$461.4bUS$105.4b14.6x23.5x5.4x
Sat, 27 Aug 2022US$2.7tUS$461.2bUS$105.4b16.3x25.7x5.9x
Mon, 25 Jul 2022US$2.6tUS$459.6bUS$108.1b15.3x23.8x5.6x
Wed, 22 Jun 2022US$2.3tUS$459.6bUS$108.1b14.6x21x4.9x
Fri, 20 May 2022US$2.4tUS$459.1bUS$108.1b15x21.8x5.1x
Price to Earnings Ratio

21.8x


Total Market Cap: US$2.4tTotal Earnings: US$108.1bTotal Revenue: US$459.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 29.5x202320242025
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 29.5x.
  • 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 2.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% 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 Market3.92%
Tech6.41%
Tech Hardware6.03%
Tech Hardware Storage and Peripherals6.03%
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$210.796.0%
+US$177.7b
13.2%PE32.4x
DELL Dell TechnologiesUS$103.429.6%
+US$6.3b
-21.1%PE15.7x
HPQ HPUS$28.269.1%
+US$2.2b
-5.6%PE9.8x
PSTG Pure StorageUS$53.3412.1%
+US$1.9b
-1.8%PE163.5x
STX Seagate Technology HoldingsUS$101.958.9%
+US$1.8b
9.4%PE14.5x
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Latest News

DELL

US$103.42

Dell Technologies

7D

9.6%

1Y

-21.1%

SNDK

US$41.27

Sandisk

7D

22.0%

1Y

n/a

KODK

US$6.09

Eastman Kodak

7D

-7.0%

1Y

28.8%

OSS

US$2.61

One Stop Systems

7D

-5.4%

1Y

10.1%

STX

US$101.95

Seagate Technology Holdings

7D

8.9%

1Y

9.4%

PMTS

US$20.48

CPI Card Group

7D

-21.6%

1Y

-10.4%

HPQ

US$28.26

HP

7D

9.1%

1Y

-5.6%

NTAP

US$98.43

NetApp

7D

5.7%

1Y

-9.0%

PSTG

US$53.34

Pure Storage

7D

12.1%

1Y

-1.8%

TACT

US$3.39

TransAct Technologies

7D

-7.1%

1Y

-8.4%

WLDS

US$1.42

Wearable Devices

7D

-12.3%

1Y

-94.6%