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Apr 24
U.S. Chemicals Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies128
- 7D0.3%
- 3M4.9%
- 1Y8.9%
- YTD0.8%
In the last week, Chemicals has been flat. The past year has been better, since the industry has gained 8.9% in that time. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the U.S. Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | US$805.4b | US$384.4b | US$25.8b | 21x | 31.3x | 2.1x |
| Sat, 23 Mar 2024 | US$844.3b | US$384.6b | US$25.4b | 20.3x | 33.2x | 2.2x |
| Mon, 19 Feb 2024 | US$794.7b | US$387.5b | US$29.3b | 19.9x | 27.2x | 2.1x |
| Wed, 17 Jan 2024 | US$794.6b | US$398.8b | US$31.9b | 20x | 24.9x | 2x |
| Fri, 15 Dec 2023 | US$789.6b | US$398.4b | US$31.6b | 21.5x | 25x | 2x |
| Sun, 12 Nov 2023 | US$732.3b | US$399.0b | US$31.7b | 16.9x | 23.1x | 1.8x |
| Tue, 10 Oct 2023 | US$741.6b | US$412.0b | US$31.2b | 15.6x | 23.7x | 1.8x |
| Thu, 07 Sep 2023 | US$783.6b | US$412.0b | US$31.2b | 16.5x | 25.1x | 1.9x |
| Sat, 05 Aug 2023 | US$795.9b | US$416.7b | US$32.1b | 15.7x | 24.8x | 1.9x |
| Mon, 03 Jul 2023 | US$814.9b | US$444.3b | US$39.1b | 14.4x | 20.9x | 1.8x |
| Wed, 31 May 2023 | US$753.1b | US$444.6b | US$39.1b | 12.5x | 19.3x | 1.7x |
| Fri, 28 Apr 2023 | US$791.1b | US$448.9b | US$43.1b | 12.4x | 18.4x | 1.8x |
| Sun, 26 Mar 2023 | US$764.7b | US$452.1b | US$42.6b | 12.1x | 17.9x | 1.7x |
| Tue, 21 Feb 2023 | US$809.8b | US$450.9b | US$41.4b | 13.4x | 19.6x | 1.8x |
| Thu, 19 Jan 2023 | US$811.4b | US$460.9b | US$43.3b | 14.8x | 18.7x | 1.8x |
| Sat, 17 Dec 2022 | US$788.9b | US$460.8b | US$43.3b | 14x | 18.2x | 1.7x |
| Mon, 14 Nov 2022 | US$831.4b | US$460.8b | US$43.2b | 14.6x | 19.2x | 1.8x |
| Wed, 12 Oct 2022 | US$715.1b | US$455.1b | US$45.5b | 13.8x | 15.7x | 1.6x |
| Fri, 09 Sep 2022 | US$793.8b | US$454.7b | US$45.5b | 14.9x | 17.4x | 1.7x |
| Sun, 07 Aug 2022 | US$794.2b | US$451.7b | US$45.4b | 15.6x | 17.5x | 1.8x |
| Tue, 05 Jul 2022 | US$756.0b | US$432.0b | US$44.3b | 15.2x | 17.1x | 1.7x |
| Thu, 02 Jun 2022 | US$870.2b | US$432.0b | US$44.3b | 17.3x | 19.6x | 2x |
| Sat, 30 Apr 2022 | US$835.0b | US$411.9b | US$39.6b | 19.1x | 21.1x | 2x |
| Mon, 28 Mar 2022 | US$868.7b | US$408.4b | US$40.4b | 20.5x | 21.5x | 2.1x |
| Wed, 23 Feb 2022 | US$814.3b | US$403.9b | US$40.3b | 20.8x | 20.2x | 2x |
| Fri, 21 Jan 2022 | US$865.6b | US$390.3b | US$38.7b | 20.6x | 22.4x | 2.2x |
| Sun, 19 Dec 2021 | US$883.0b | US$390.0b | US$38.7b | 21.2x | 22.8x | 2.3x |
| Tue, 16 Nov 2021 | US$922.9b | US$388.4b | US$38.6b | 23.9x | 23.9x | 2.4x |
| Thu, 14 Oct 2021 | US$840.8b | US$362.3b | US$32.2b | 23.3x | 26.2x | 2.3x |
| Sat, 11 Sep 2021 | US$845.9b | US$363.1b | US$32.0b | 20.4x | 26.5x | 2.3x |
| Mon, 09 Aug 2021 | US$851.5b | US$363.4b | US$32.1b | 21.8x | 26.5x | 2.3x |
| Sun, 02 May 2021 | US$856.6b | US$331.7b | US$20.1b | 26.7x | 42.6x | 2.6x |
Price to Earnings Ratio
42.6x
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 31.3x which is higher than its 3-year average PE of 28.1x.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 8.6% per year over the last three years.
- Revenues for these companies have grown 5.0% 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. Materials industry?
| US Market | 1.23% | |
| Materials | -0.74% | |
| Chemicals | 0.29% | |
| Fertilizers and Agricultural Chemicals | 2.32% | |
| Diversified Chemicals | 1.49% | |
| Commodity Chemicals | 0.74% | |
| Industrial Gases | 0.08% | |
| Specialty Chemicals | -0.16% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry even though it's trading below its 3-year average PE ratio of 48.3x.
- Analysts are expecting annual earnings growth of 18.0%, which is higher than its past year's earnings growth of 1.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 50% over the next 5 years.
- This is better than its past earnings decline of 88% per year.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 5.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| APD Air Products and Chemicals | US$234.68 | 2.5% +US$1.3b | -17.9% | PE22.4x | |
| CTVA Corteva | US$54.77 | 2.3% +US$866.6m | -8.2% | PE41.2x | |
| IFF International Flavors & Fragrances | US$85.14 | 2.8% +US$584.7m | -9.8% | PS1.9x | |
| ECL Ecolab | US$220.78 | 0.7% +US$437.4m | 35.8% | PE46x | |
| DD DuPont de Nemours | US$73.96 | 1.2% +US$363.7m | 9.8% | PE62.6x |
