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U.S. Chemicals Industry Analysis

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies127
  • 7D-2.4%
  • 3M-9.3%
  • 1Y-3.5%
  • YTD-2.8%

Over the last 7 days, the Chemicals industry has dropped 3.4%, driven by a pullback from Sherwin-Williams of 5.5%. The industry has fallen 3.6% in the last year. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024US$794.0bUS$384.3bUS$23.4b20.5x33.9x2.1x
Fri, 22 Nov 2024US$845.0bUS$384.3bUS$23.5b22.4x36x2.2x
Sun, 20 Oct 2024US$906.9bUS$388.6bUS$24.2b26.4x37.4x2.3x
Tue, 17 Sep 2024US$857.8bUS$383.8bUS$23.4b25.8x36.6x2.2x
Thu, 15 Aug 2024US$828.1bUS$384.5bUS$23.8b25x34.8x2.2x
Sat, 13 Jul 2024US$812.9bUS$379.9bUS$23.4b26.8x34.7x2.1x
Mon, 10 Jun 2024US$815.2bUS$377.3bUS$23.4b26.7x34.8x2.2x
Wed, 08 May 2024US$828.1bUS$377.7bUS$23.7b22.5x35x2.2x
Fri, 05 Apr 2024US$850.3bUS$384.6bUS$25.6b21.9x33.2x2.2x
Sun, 03 Mar 2024US$816.9bUS$384.5bUS$25.5b20x32.1x2.1x
Tue, 30 Jan 2024US$786.7bUS$397.4bUS$30.9b20.7x25.5x2x
Thu, 28 Dec 2023US$816.7bUS$398.4bUS$31.6b21.8x25.8x2x
Sat, 25 Nov 2023US$769.4bUS$398.8bUS$31.6b19.4x24.3x1.9x
Mon, 23 Oct 2023US$720.3bUS$412.0bUS$31.3b15.2x23x1.7x
Wed, 20 Sep 2023US$774.9bUS$412.0bUS$31.2b16.9x24.8x1.9x
Fri, 18 Aug 2023US$772.7bUS$412.0bUS$31.2b15.3x24.8x1.9x
Sun, 16 Jul 2023US$819.7bUS$444.3bUS$39.1b13.9x21x1.8x
Tue, 13 Jun 2023US$782.7bUS$444.6bUS$39.1b12.9x20x1.8x
Thu, 11 May 2023US$777.3bUS$444.3bUS$38.8b13.2x20x1.7x
Sat, 08 Apr 2023US$789.7bUS$452.1bUS$42.6b12.6x18.5x1.7x
Mon, 06 Mar 2023US$840.8bUS$452.6bUS$42.9b13.9x19.6x1.9x
Wed, 01 Feb 2023US$842.3bUS$458.4bUS$41.8b14.9x20.2x1.8x
Fri, 30 Dec 2022US$784.2bUS$460.8bUS$43.3b14x18.1x1.7x
Sun, 27 Nov 2022US$831.2bUS$460.8bUS$43.3b15.3x19.2x1.8x
Tue, 25 Oct 2022US$744.8bUS$454.6bUS$44.6b14.2x16.7x1.6x
Thu, 22 Sep 2022US$738.9bUS$454.7bUS$45.5b14.3x16.2x1.6x
Sat, 20 Aug 2022US$816.9bUS$454.6bUS$45.5b15.5x18x1.8x
Mon, 18 Jul 2022US$741.8bUS$432.0bUS$44.3b15.6x16.7x1.7x
Wed, 15 Jun 2022US$788.0bUS$432.0bUS$44.3b15.8x17.8x1.8x
Fri, 13 May 2022US$819.6bUS$431.4bUS$44.0b16.4x18.6x1.9x
Sun, 10 Apr 2022US$863.1bUS$409.1bUS$39.0b19.9x22.1x2.1x
Tue, 08 Mar 2022US$799.1bUS$407.1bUS$41.3b19x19.3x2x
Thu, 03 Feb 2022US$861.9bUS$401.9bUS$38.6b21.5x22.4x2.1x
Sat, 01 Jan 2022US$917.3bUS$390.0bUS$38.7b22x23.7x2.4x
Price to Earnings Ratio

23.7x


Total Market Cap: US$917.3bTotal Earnings: US$38.7bTotal Revenue: US$390.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Chemicals Industry Price to Earnings3Y Average 29.3x202220232024
Current Industry PE
  • Investors are optimistic on the American Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.7x which is higher than its 3-year average PE of 29.3x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 15% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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. Materials industry?

US Market-0.41%
Materials-2.55%
Chemicals-2.42%
Industrial Gases-1.48%
Fertilizers and Agricultural Chemicals-2.05%
Commodity Chemicals-2.35%
Specialty Chemicals-3.21%
Diversified Chemicals-3.28%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 50.9x.
    • Analysts expect its future annual earnings growth (19.4%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 103% over the next 5 years.
  • In contrast, the Industrial Gases industry is expected to see its earnings grow by 7.3% 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
ALTM Arcadium LithiumUS$5.264.0%
+US$215.1m
-28.6%PE36.5x
TROX Tronox HoldingsUS$10.372.3%
+US$36.3m
-28.8%PE39x
PRM Perimeter SolutionsUS$13.241.7%
+US$32.2m
190.4%PS3.6x
FTK Flotek IndustriesUS$8.358.0%
+US$18.3m
131.9%PE30.2x
ICL ICL GroupUS$4.980.2%
+US$12.9m
-0.6%PE15.9x
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Latest News

CMT

US$16.59

Core Molding Technologies

7D

3.9%

1Y

-9.9%

ICL

US$4.98

ICL Group

7D

0.2%

1Y

-0.6%

APD

US$296.02

Air Products and Chemicals

7D

-2.9%

1Y

7.7%

ALTO

US$1.63

Alto Ingredients

7D

10.9%

1Y

-42.4%

TROX

US$10.37

Tronox Holdings

7D

2.3%

1Y

-28.8%

ECVT

US$7.61

Ecovyst

7D

1.2%

1Y

-25.4%