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U.S. Machinery Industry Analysis

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies168
  • 7D0.8%
  • 3M-6.6%
  • 1Y12.6%
  • YTD3.7%

Over the last 7 days, the Machinery industry has remained flat, although notably Deere gained 4.8%. The past year has been better, since the industry has gained 11% in that time. Earnings are forecast to grow by 9.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Jun 2024US$965.3bUS$477.0bUS$51.3b21.5x18.8x2x
Fri, 17 May 2024US$1.0tUS$479.5bUS$51.8b22.1x20.2x2.2x
Sun, 14 Apr 2024US$1.1tUS$478.1bUS$48.1b23.4x22x2.2x
Tue, 12 Mar 2024US$1.0tUS$477.2bUS$47.5b24.3x21.2x2.1x
Thu, 08 Feb 2024US$971.2bUS$476.3bUS$47.1b22.8x20.6x2x
Sat, 06 Jan 2024US$939.6bUS$485.4bUS$47.8b22x19.7x1.9x
Mon, 04 Dec 2023US$902.0bUS$483.9bUS$47.8b20.8x18.9x1.9x
Wed, 01 Nov 2023US$811.8bUS$481.3bUS$46.3b18.7x17.5x1.7x
Fri, 29 Sep 2023US$877.1bUS$475.1bUS$44.4b20.3x19.8x1.8x
Sun, 27 Aug 2023US$900.2bUS$475.1bUS$44.5b20x20.2x1.9x
Tue, 25 Jul 2023US$945.9bUS$461.2bUS$40.4b20.5x23.4x2.1x
Thu, 22 Jun 2023US$894.5bUS$460.9bUS$40.5b20x22.1x1.9x
Sat, 20 May 2023US$810.8bUS$456.7bUS$39.7b18.3x20.4x1.8x
Mon, 17 Apr 2023US$820.6bUS$444.6bUS$38.3b20x21.4x1.8x
Wed, 15 Mar 2023US$826.3bUS$443.0bUS$38.0b22x21.8x1.9x
Fri, 10 Feb 2023US$862.5bUS$437.6bUS$37.2b23.1x23.2x2x
Sun, 08 Jan 2023US$834.2bUS$439.6bUS$35.9b21.5x23.3x1.9x
Tue, 06 Dec 2022US$830.0bUS$439.7bUS$35.8b21.1x23.2x1.9x
Thu, 03 Nov 2022US$772.8bUS$430.6bUS$36.3b20.8x21.3x1.8x
Sat, 01 Oct 2022US$666.7bUS$421.8bUS$35.2b18.5x18.9x1.6x
Mon, 29 Aug 2022US$752.4bUS$421.5bUS$35.3b20.8x21.3x1.8x
Wed, 27 Jul 2022US$715.6bUS$411.0bUS$35.6b21.1x20.1x1.7x
Fri, 24 Jun 2022US$660.3bUS$409.9bUS$35.5b20.9x18.6x1.6x
Sun, 22 May 2022US$711.3bUS$409.5bUS$35.6b21.3x20x1.7x
Tue, 19 Apr 2022US$803.8bUS$401.4bUS$36.2b22.8x22.2x2x
Thu, 17 Mar 2022US$814.6bUS$402.5bUS$36.1b26x22.5x2x
Sat, 12 Feb 2022US$827.6bUS$401.7bUS$36.8b26.9x22.5x2.1x
Mon, 10 Jan 2022US$900.7bUS$397.3bUS$36.3b29.9x24.8x2.3x
Wed, 08 Dec 2021US$876.8bUS$397.0bUS$36.2b30.1x24.2x2.2x
Fri, 05 Nov 2021US$890.1bUS$392.3bUS$34.2b30.2x26x2.3x
Sun, 03 Oct 2021US$842.2bUS$386.2bUS$32.8b29.4x25.7x2.2x
Tue, 31 Aug 2021US$900.1bUS$387.3bUS$32.4b30.6x27.8x2.3x
Wed, 07 Jul 2021US$877.6bUS$377.1bUS$30.6b30.8x28.7x2.3x
Price to Earnings Ratio

28.7x


Total Market Cap: US$877.6bTotal Earnings: US$30.6bTotal Revenue: US$377.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Machinery Industry Price to Earnings3Y Average 22.2x202220232024
Current Industry PE
  • Investors are pessimistic on the American Machinery 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 18.7x which is lower than its 3-year average PE of 22.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 8.1% 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 industry?

US Market1.63%
Industrials0.94%
Machinery0.78%
Agricultural Machinery4.13%
Industrial Machinery0.35%
Construction Machinery and Vehicles0.042%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 29.1x.
    • Analysts are expecting annual earnings growth of 18.0%, which is higher than its past year's earnings growth of 11.7% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 15.7x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings decline by 4.9% 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
DE DeereUS$382.764.8%
+US$4.9b
-6.2%PE11.1x
IR Ingersoll RandUS$94.583.5%
+US$1.3b
47.5%PE46.5x
PCAR PACCARUS$107.701.6%
+US$891.0m
38.5%PE11.2x
DOV DoverUS$182.793.1%
+US$758.6m
27.4%PE17.2x
ITW Illinois Tool WorksUS$240.490.9%
+US$671.4m
-1.5%PE23.4x
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Latest News

TEX

US$53.44

Terex

7D

-4.1%

1Y

-7.0%

PH

US$506.83

Parker-Hannifin

7D

-3.1%

1Y

36.3%

KMT

US$23.64

Kennametal

7D

-3.9%

1Y

-17.1%

DE

US$382.76

Deere

7D

4.8%

1Y

-6.2%

IR

US$94.58

Ingersoll Rand

7D

3.5%

1Y

47.5%

SYM

US$34.48

Symbotic

7D

-5.1%

1Y

-32.2%