Header cover image

U.S. Industrials Sector Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies975
  • 7D2.7%
  • 3M5.7%
  • 1Y25.2%
  • YTD9.3%

The Industrials industry is up 2.7% in the last week, with General Electric up 5.7%. Meanwhile, Builders FirstSource actually underperformed within the industry, shrinking 13% in the last week. This takes the industry's 12 month performance to a gain of 25%. Earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

Has the U.S. Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024US$5.3tUS$2.7tUS$171.4b23x30.8x1.9x
Sat, 06 Apr 2024US$5.2tUS$2.7tUS$173.6b23.6x30.1x2x
Mon, 04 Mar 2024US$5.1tUS$2.7tUS$172.2b23.4x29.9x1.9x
Wed, 31 Jan 2024US$5.0tUS$2.7tUS$178.4b21.6x27.8x1.8x
Fri, 29 Dec 2023US$5.0tUS$2.7tUS$183.1b21.6x27x1.8x
Sun, 26 Nov 2023US$4.6tUS$2.7tUS$182.2b19.5x25.1x1.7x
Tue, 24 Oct 2023US$4.3tUS$2.7tUS$192.8b17.2x22x1.6x
Thu, 21 Sep 2023US$4.5tUS$2.7tUS$189.4b18.2x23.6x1.6x
Sat, 19 Aug 2023US$4.5tUS$2.7tUS$187.8b18.5x24.2x1.7x
Mon, 17 Jul 2023US$4.6tUS$2.7tUS$186.5b18.3x24.9x1.7x
Wed, 14 Jun 2023US$4.5tUS$2.7tUS$182.8b18.4x24.5x1.7x
Fri, 12 May 2023US$4.2tUS$2.7tUS$184.3b17.3x22.8x1.6x
Sun, 09 Apr 2023US$4.2tUS$2.6tUS$166.2b18x25x1.6x
Tue, 07 Mar 2023US$4.2tUS$2.6tUS$162.6b19x25.7x1.6x
Thu, 02 Feb 2023US$4.2tUS$2.5tUS$161.6b19.4x25.9x1.6x
Sat, 31 Dec 2022US$4.0tUS$2.5tUS$153.2b17.5x26x1.6x
Mon, 28 Nov 2022US$4.1tUS$2.5tUS$153.8b18.1x26.7x1.6x
Wed, 26 Oct 2022US$3.8tUS$2.4tUS$150.8b16.9x24.9x1.5x
Fri, 23 Sep 2022US$3.6tUS$2.4tUS$146.5b15.8x24.4x1.5x
Sun, 21 Aug 2022US$4.0tUS$2.4tUS$145.6b18.1x27.8x1.7x
Tue, 19 Jul 2022US$3.6tUS$2.3tUS$144.0b16.2x24.8x1.5x
Thu, 16 Jun 2022US$3.6tUS$2.3tUS$145.0b16.8x25x1.6x
Sat, 14 May 2022US$3.8tUS$2.3tUS$145.7b17.5x26.2x1.7x
Mon, 11 Apr 2022US$4.2tUS$2.2tUS$148.8b19.5x27.9x1.9x
Wed, 09 Mar 2022US$4.2tUS$2.2tUS$153.3b20.4x27.1x1.9x
Fri, 04 Feb 2022US$4.3tUS$2.2tUS$140.0b21.5x30.7x1.9x
Sun, 02 Jan 2022US$4.6tUS$2.2tUS$134.4b24.2x34.2x2.1x
Tue, 30 Nov 2021US$4.6tUS$2.1tUS$142.7b23.9x31.9x2.1x
Thu, 28 Oct 2021US$4.5tUS$2.1tUS$130.9b24.7x34.2x2.1x
Sat, 25 Sep 2021US$4.4tUS$2.1tUS$123.8b25x35.4x2.1x
Mon, 23 Aug 2021US$4.4tUS$2.1tUS$122.8b24.4x35.8x2.1x
Sat, 10 Jul 2021US$4.4tUS$2.0tUS$121.1b24.6x36.6x2.2x
Price to Earnings Ratio

47x


Total Market Cap: US$4.4tTotal Earnings: US$93.1bTotal Revenue: US$1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrials Sector Price to Earnings3Y Average 28.4x202220232024
Current Industry PE
  • Investors are relatively neutral on the American Industrials 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 28.4x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Industrials sector?

US Market3.30%
Industrials2.70%
Construction6.06%
Marine and Shipping5.85%
Infrastructure5.69%
Electrical4.90%
Airlines3.78%
Machinery3.53%
Trade Distributors2.80%
Building2.75%
Aerospace & Defense2.52%
Commercial Services2.20%
Transportation1.55%
Professional Services1.23%
Logistics1.05%
Industrials0.68%
Industry PE
  • Investors are most optimistic about the Marine and Shipping industry which is trading above its 3-year average PE ratio of 10.1x.
    • Analysts are expecting annual earnings growth of 18.2%, which is higher than its past year's earnings decline of 41.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 1.8% per year.
  • In contrast, the Trade Distributors industry is expected to see its earnings grow by 8.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
GE General ElectricUS$168.865.7%
+US$10.0b		69.6%PE44.1x
ETN EatonUS$330.405.9%
+US$7.3b		95.4%PE38.8x
UNP Union PacificUS$245.904.7%
+US$6.7b		23.5%PE23.5x
CAT CaterpillarUS$344.504.1%
+US$6.6b		61.6%PE15x
BA BoeingUS$180.355.2%
+US$5.5b		-10.2%PS1.4x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

UBER

US$66.40

Uber Technologies

7D

-2.1%

1Y

71.2%

AAON

US$76.99

AAON

7D

-15.3%

1Y

20.6%

VSTS

US$10.56

Vestis

7D

-42.8%

1Y

n/a

BLDR

US$163.46

Builders FirstSource

7D

-13.4%

1Y

39.4%

TDG

US$1,315.00

TransDigm Group

7D

5.3%

1Y

62.3%

NOC

US$471.61

Northrop Grumman

7D

-3.0%

1Y

6.5%

Why Has Northrop Grumman Stock Underperformed?

May 07

GE

US$168.86

General Electric

7D

5.7%

1Y

69.6%

GE Aerospace: First Standalone Results Back Up Premium Valuation

May 06

RTX

US$103.94

RTX

7D

2.7%

1Y

7.9%

RTX (NYSE:RTX) Will Pay A Larger Dividend Than Last Year At $0.63

May 06
RTX (NYSE:RTX) Will Pay A Larger Dividend Than Last Year At $0.63

AME

US$169.14

AMETEK

7D

-2.8%

1Y

16.9%

Ametek Q1 Update: An Acquisitive And Growth Compounder But Looking Expensive

May 05

ETN

US$330.40

Eaton

7D

5.9%

1Y

95.4%

Do Eaton's (NYSE:ETN) Earnings Warrant Your Attention?

May 04
Do Eaton's (NYSE:ETN) Earnings Warrant Your Attention?

ADP

US$242.94

Automatic Data Processing

7D

-1.8%

1Y

13.0%

Here's What Analysts Are Forecasting For Automatic Data Processing, Inc. (NASDAQ:ADP) After Its Third-Quarter Results

May 03
Here's What Analysts Are Forecasting For Automatic Data Processing, Inc. (NASDAQ:ADP) After Its Third-Quarter Results

CAT

US$344.50

Caterpillar

7D

4.1%

1Y

61.6%

MMM

US$96.35

3M

7D

-2.1%

1Y

-4.5%

3M Stock: Dividend Likely Cut In Half

May 01

UNP

US$245.90

Union Pacific

7D

4.7%

1Y

23.5%

Chugging To The Top: Union Pacific's Earnings Finally Outperform (Rating Upgrade)

Apr 26

DE

US$405.42

Deere

7D

4.6%

1Y

6.6%

Deere & Company: A Good Business At A Fair Price

Apr 26

BA

US$180.35

Boeing

7D

5.2%

1Y

-10.2%

Wall Street Lunch: Boeing Loss Narrows

Apr 24