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U.S. IT Consulting Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies66
  • 7D-3.5%
  • 3M-13.9%
  • 1Y17.6%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 3.5%, driven by a pullback from International Business Machines of 6.9%. Over the past 12 months, the industry was up 18%. As for the next few years, earnings are expected to grow by 9.8% per annum.

Industry Valuation and Performance

Has the U.S. IT Consulting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Apr 2024US$463.9bUS$199.4bUS$17.8b20x26.1x2.3x
Mon, 25 Mar 2024US$511.9bUS$199.1bUS$17.1b21.3x29.9x2.6x
Wed, 21 Feb 2024US$525.2bUS$199.3bUS$17.0b22.3x30.9x2.6x
Fri, 19 Jan 2024US$511.0bUS$199.8bUS$16.4b20.2x31.1x2.6x
Sun, 17 Dec 2023US$495.1bUS$199.4bUS$16.3b19.2x30.3x2.5x
Tue, 14 Nov 2023US$447.4bUS$199.3bUS$16.3b19.7x27.4x2.2x
Thu, 12 Oct 2023US$442.4bUS$198.8bUS$11.4b20.3x38.9x2.2x
Sat, 09 Sep 2023US$458.5bUS$198.3bUS$11.7b20.4x39.3x2.3x
Mon, 07 Aug 2023US$441.5bUS$198.4bUS$11.6b21.9x38x2.2x
Wed, 05 Jul 2023US$432.3bUS$200.6bUS$11.3b23.2x38.2x2.2x
Fri, 02 Jun 2023US$423.6bUS$200.1bUS$11.1b23x38.2x2.1x
Sun, 30 Apr 2023US$376.4bUS$193.9bUS$11.0b20.5x34.2x1.9x
Tue, 28 Mar 2023US$372.6bUS$193.7bUS$10.7b21.1x34.9x1.9x
Thu, 23 Feb 2023US$381.7bUS$192.8bUS$10.8b19.1x35.5x2x
Sat, 21 Jan 2023US$399.2bUS$192.9bUS$10.4b19.9x38.3x2.1x
Mon, 19 Dec 2022US$381.4bUS$192.8bUS$10.4b22.8x36.6x2x
Wed, 16 Nov 2022US$408.3bUS$191.8bUS$10.2b21.6x40x2.1x
Fri, 14 Oct 2022US$361.5bUS$190.8bUS$14.1b18x25.6x1.9x
Sun, 11 Sep 2022US$406.0bUS$188.8bUS$13.9b19.1x29.3x2.2x
Tue, 09 Aug 2022US$427.0bUS$188.7bUS$13.8b19.7x31x2.3x
Thu, 07 Jul 2022US$397.0bUS$187.0bUS$13.3b25.5x29.8x2.1x
Sat, 04 Jun 2022US$430.0bUS$184.2bUS$13.1b25.5x32.9x2.3x
Mon, 02 May 2022US$443.1bUS$188.9bUS$12.2b21.8x36.3x2.3x
Wed, 30 Mar 2022US$476.8bUS$187.9bUS$12.0b22.8x39.7x2.5x
Fri, 25 Feb 2022US$460.9bUS$184.8bUS$11.9b25.5x38.6x2.5x
Sun, 23 Jan 2022US$479.6bUS$200.9bUS$12.7b24x37.8x2.4x
Tue, 21 Dec 2021US$527.4bUS$200.7bUS$12.7b27x41.5x2.6x
Thu, 18 Nov 2021US$519.3bUS$197.4bUS$12.9b24.9x40.4x2.6x
Sat, 16 Oct 2021US$507.1bUS$177.3bUS$14.9b27.8x34x2.9x
Mon, 13 Sep 2021US$492.1bUS$174.5bUS$14.5b23.6x33.9x2.8x
Wed, 11 Aug 2021US$477.7bUS$174.7bUS$14.3b27x33.4x2.7x
Sun, 06 Jun 2021US$436.6bUS$173.2bUS$13.3b27.9x32.7x2.5x
Price to Earnings Ratio

33.7x


Total Market Cap: US$438.7bTotal Earnings: US$13.0bTotal Revenue: US$170.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 34.7x202220232024
Current Industry PE
  • Investors are pessimistic on the American IT Consulting and Other Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 26.1x which is lower than its 3-year average PE of 34.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 5.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. IT Consulting compare with similar industries?

US Market0.97%
Tech0.26%
IT-1.57%
IT Consulting-3.52%
Internet Services and Infrastructure2.32%
Data Processing Services0.89%
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
IT GartnerUS$448.781.9%
+US$653.8m		48.4%PE39.6x
BBAI BigBear.ai HoldingsUS$1.8024.1%
+US$84.9m		-37.9%PS2.8x
GLOB GlobantUS$180.830.9%
+US$66.4m		15.3%PE49.2x
TWKS Thoughtworks HoldingUS$2.393.0%
+US$22.6m		-61.6%PS0.7x
ATGL Alpha Technology GroupUS$2.8244.2%
+US$13.2m		n/aPS38.8x
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-0.7%

1Y

12.1%

EPAM

US$237.75

EPAM Systems

7D

-3.3%

1Y

-15.8%

HKIT

US$1.35

Hitek Global

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26.0%

1Y

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ATGL

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44.2%

1Y

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US$2.67

Brand Engagement Network

7D

-46.1%

1Y

-73.7%

BBAI

US$1.80

BigBear.ai Holdings

7D

24.1%

1Y

-37.9%

PRFT

US$42.99

Perficient

7D

-4.0%

1Y

-33.8%

ACN

US$308.01

Accenture

7D

-2.8%

1Y

9.9%

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IT

US$448.78

Gartner

7D

1.9%

1Y

48.4%

CTM

US$0.26

Castellum

7D

9.7%

1Y

-74.1%

TWKS

US$2.39

Thoughtworks Holding

7D

3.0%

1Y

-61.6%

GLOB

US$180.83

Globant

7D

0.9%

1Y

15.3%

RSSS

US$3.05

Research Solutions

7D

1.5%

1Y

43.0%