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U.S. Construction Machinery and Vehicles Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies37
  • 7D3.8%
  • 3M12.3%
  • 1Y102.2%
  • YTDn/a

In the last week, the Construction Machinery and Vehicles industry is up 3.8%, with Caterpillar up 3.1%. In the last 12 months, the industry was up 102%. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026US$565.0bUS$183.6bUS$18.2b22.7x31.1x3.1x
Tue, 03 Mar 2026US$593.3bUS$183.7bUS$17.9b25.4x33.2x3.2x
Thu, 29 Jan 2026US$532.4bUS$182.1bUS$18.1b23.9x29.4x2.9x
Sat, 27 Dec 2025US$487.7bUS$183.3bUS$18.5b21.8x26.4x2.7x
Mon, 24 Nov 2025US$453.6bUS$183.1bUS$18.5b20x24.6x2.5x
Wed, 22 Oct 2025US$437.0bUS$181.9bUS$18.6b19.5x23.5x2.4x
Fri, 19 Sep 2025US$399.1bUS$183.6bUS$18.3b19.8x21.8x2.2x
Sun, 17 Aug 2025US$375.2bUS$183.5bUS$18.3b18.4x20.5x2x
Tue, 15 Jul 2025US$368.8bUS$185.0bUS$19.1b16.9x19.3x2x
Thu, 12 Jun 2025US$339.5bUS$184.7bUS$19.0b16x17.8x1.8x
Sat, 10 May 2025US$312.4bUS$184.6bUS$18.9b14.5x16.5x1.7x
Mon, 07 Apr 2025US$283.7bUS$188.4bUS$21.5b10.8x13.2x1.5x
Wed, 05 Mar 2025US$330.9bUS$189.3bUS$21.7b12.1x15.2x1.7x
Fri, 31 Jan 2025US$375.1bUS$189.2bUS$19.9b12.8x18.9x2x
Sun, 29 Dec 2024US$354.2bUS$191.4bUS$20.3b12.1x17.4x1.9x
Tue, 26 Nov 2024US$383.1bUS$191.5bUS$20.3b13.2x18.9x2x
Thu, 24 Oct 2024US$362.2bUS$192.0bUS$20.6b13x17.6x1.9x
Sat, 21 Sep 2024US$347.1bUS$192.4bUS$20.8b12.9x16.7x1.8x
Mon, 19 Aug 2024US$325.0bUS$192.4bUS$20.8b11.7x15.6x1.7x
Wed, 17 Jul 2024US$331.2bUS$192.0bUS$21.0b15.5x15.7x1.7x
Fri, 14 Jun 2024US$319.4bUS$192.3bUS$20.7b14.2x15.4x1.7x
Sun, 12 May 2024US$341.5bUS$192.4bUS$20.7b15.4x16.5x1.8x
Tue, 09 Apr 2024US$363.4bUS$191.3bUS$17.9b15.9x20.3x1.9x
Thu, 07 Mar 2024US$325.2bUS$190.2bUS$17.2b16.8x18.9x1.7x
Sat, 03 Feb 2024US$310.5bUS$192.5bUS$17.7b13.2x17.5x1.6x
Mon, 01 Jan 2024US$294.4bUS$191.4bUS$17.1b16.5x17.2x1.5x
Wed, 29 Nov 2023US$258.7bUS$190.2bUS$17.1b13.5x15.1x1.4x
Fri, 27 Oct 2023US$249.4bUS$188.2bUS$16.1b13.5x15.5x1.3x
Sun, 24 Sep 2023US$271.2bUS$185.6bUS$15.4b15.9x17.6x1.5x
Tue, 22 Aug 2023US$273.7bUS$185.5bUS$15.4b16.1x17.8x1.5x
Thu, 20 Jul 2023US$277.5bUS$176.3bUS$13.4b17.9x20.7x1.6x
Sat, 17 Jun 2023US$254.4bUS$176.1bUS$13.4b17.8x19x1.4x
Mon, 15 May 2023US$225.1bUS$176.1bUS$13.5b17.8x16.7x1.3x
Wed, 12 Apr 2023US$232.6bUS$168.3bUS$12.5b17.6x18.5x1.4x
Price to Earnings Ratio

18.5x


Total Market Cap: US$232.6bTotal Earnings: US$12.5bTotal Revenue: US$168.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Construction Machinery and Vehicles Industry Price to Earnings3Y Average 19.2x202420252026
Current Industry PE
  • Investors are optimistic on the American Construction Machinery and Heavy Trucks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.1x which is higher than its 3-year average PE of 19.2x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Construction Machinery and Heavy Trucks industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 3.0% 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. Construction Machinery and Vehicles compare with similar industries?

US Market3.46%
Industrials2.97%
Machinery2.47%
Construction Machinery and Vehicles3.76%
Industrial Machinery1.68%
Agricultural Machinery1.29%
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
CAT CaterpillarUS$717.223.1%
+US$10.2b		149.0%PE37.6x
CMI CumminsUS$549.685.1%
+US$3.7b		98.0%PE26.7x
PCAR PACCARUS$118.324.9%
+US$2.9b		30.2%PE26.2x
WAB Westinghouse Air Brake TechnologiesUS$253.915.3%
+US$2.1b		57.8%PE37x
OSK OshkoshUS$147.515.1%
+US$451.1m		78.6%PE14.3x

Latest News

CAT
US$717.22
Caterpillar
7D
3.1%
1Y
149.0%

Caterpillar: The Hidden AI Infrastructure Play Wall Street Is Finally Pricing In And It's Not Too Late

Apr 04
CMI
US$549.68
Cummins
7D
5.1%
1Y
98.0%
OSK
US$147.51
Oshkosh
7D
5.1%
1Y
78.6%
KITT
US$0.52
Nauticus Robotics
7D
-2.3%
1Y
-94.0%
FSS
US$109.25
Federal Signal
7D
2.6%
1Y
53.1%
WAB
US$253.91
Westinghouse Air Brake Technologies
7D
5.3%
1Y
57.8%
ATMU
US$57.62
Atmus Filtration Technologies
7D
-0.8%
1Y
74.7%
ALSN
US$117.06
Allison Transmission Holdings
7D
2.3%
1Y
36.2%
TEX
US$58.52
Terex
7D
3.7%
1Y
71.2%

TEX: Re Rating In 2026 Will Depend On Exceeding REV Group Synergies

Terex's analyst price targets have moved higher, with several firms lifting their views into the mid to high $70s and low $80s range as analysts point to improving sentiment in the Aerials business, conservative synergy assumptions for the REV Group acquisition, and support from recent guidance. Analyst Commentary Recent research highlights a mix of optimism and caution around Terex, with most of the debate centered on how much value the REV Group acquisition and Aerials recovery can add versus execution and integration risk.
PCAR
US$118.32
PACCAR
7D
4.9%
1Y
30.2%

PCAR: Higher Margin Hopes Will Likely Struggle Against Truck Cycle Risk

Analysts have raised their average price target for PACCAR by several dollars into the low $120s, citing updated assumptions that include slightly stronger revenue growth, modestly higher profit margins, and revised P/E expectations reflected in recent target increases from major firms. Analyst Commentary Recent research has clustered around higher price targets for PACCAR, but not all of the commentary is unreservedly positive.
SCAG
US$1.04
Scage Future
7D
-18.8%
1Y
n/a