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U.S. Industrial Gases Industry Analysis

UpdatedSep 30, 2025
DataAggregated Company Financials
Companies3
  • 7D-1.5%
  • 3M-1.2%
  • 1Y-2.1%
  • YTDn/a

Over the last 7 days, the Industrial Gases industry has dropped 2.5%, driven by pullbacks from every company within the industry. However, the industry is down 3.4% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Sep 2025US$281.8bUS$45.3bUS$8.3b35.8x34x6.2x
Thu, 28 Aug 2025US$291.4bUS$45.3bUS$8.3b37.7x35.2x6.4x
Sat, 26 Jul 2025US$288.1bUS$45.0bUS$8.2b38.4x35.3x6.4x
Mon, 23 Jun 2025US$274.8bUS$45.0bUS$8.2b35.7x33.7x6.1x
Wed, 21 May 2025US$278.4bUS$45.0bUS$8.2b36.2x34.1x6.2x
Fri, 18 Apr 2025US$270.0bUS$45.0bUS$10.4b23.9x25.9x6x
Sun, 16 Mar 2025US$280.4bUS$45.0bUS$10.4b24.8x26.9x6.2x
Tue, 11 Feb 2025US$285.7bUS$45.0bUS$10.4b25.7x27.4x6.3x
Thu, 09 Jan 2025US$261.3bUS$45.1bUS$10.2b23.9x25.6x5.8x
Sat, 07 Dec 2024US$285.2bUS$45.1bUS$10.2b26x27.9x6.3x
Mon, 04 Nov 2024US$286.5bUS$45.1bUS$8.9b30.5x32x6.3x
Wed, 02 Oct 2024US$293.9bUS$44.9bUS$9.0b30.4x32.8x6.5x
Fri, 30 Aug 2024US$287.3bUS$44.9bUS$9.0b29.7x32.1x6.4x
Sun, 28 Jul 2024US$275.0bUS$44.9bUS$8.8b29x31.3x6.1x
Tue, 25 Jun 2024US$273.5bUS$44.9bUS$8.8b29.1x31.2x6.1x
Thu, 23 May 2024US$268.0bUS$44.9bUS$8.8b28.5x30.5x6x
Sat, 20 Apr 2024US$266.8bUS$45.3bUS$8.5b28.5x31.3x5.9x
Mon, 18 Mar 2024US$279.9bUS$45.3bUS$8.5b29.9x32.8x6.2x
Wed, 14 Feb 2024US$250.2bUS$45.3bUS$8.5b26.7x29.3x5.5x
Fri, 12 Jan 2024US$256.2bUS$45.1bUS$8.3b29.3x30.9x5.7x
Sun, 10 Dec 2023US$253.1bUS$45.1bUS$8.3b29x30.6x5.6x
Tue, 07 Nov 2023US$255.5bUS$45.4bUS$8.2b30.8x31.3x5.6x
Thu, 05 Oct 2023US$242.6bUS$46.1bUS$7.9b30.8x30.8x5.3x
Sat, 02 Sep 2023US$256.0bUS$46.1bUS$7.9b31.9x32.5x5.6x
Mon, 31 Jul 2023US$257.1bUS$46.2bUS$7.9b32.2x32.7x5.6x
Wed, 28 Jun 2023US$248.7bUS$46.5bUS$6.7b35.4x37.4x5.4x
Fri, 26 May 2023US$233.9bUS$46.5bUS$6.7b33.2x35.2x5x
Sun, 23 Apr 2023US$244.1bUS$46.2bUS$6.4b36x38.1x5.3x
Tue, 21 Mar 2023US$228.8bUS$46.2bUS$6.4b33.9x35.7x4.9x
Thu, 16 Feb 2023US$226.9bUS$46.2bUS$6.4b33.7x35.4x4.9x
Sat, 14 Jan 2023US$233.7bUS$46.5bUS$6.1b36.8x38.4x5x
Mon, 12 Dec 2022US$233.4bUS$46.5bUS$6.1b36.8x38.4x5x
Wed, 09 Nov 2022US$214.0bUS$46.5bUS$6.1b33.9x35.2x4.6x
Fri, 07 Oct 2022US$191.4bUS$44.6bUS$5.8b31.4x33.1x4.3x
Price to Earnings Ratio

33.1x


Total Market Cap: US$191.4bTotal Earnings: US$5.8bTotal Revenue: US$44.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrial Gases Industry Price to Earnings3Y Average 32.6x202320242025
Current Industry PE
    There are only 3 companies in the American Industrial Gases industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Industrial Gases industry have grown 13% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does U.S. Industrial Gases compare with similar industries?

US Market-0.37%
Materials-0.38%
Chemicals-1.23%
Industrial Gases-1.51%
Fertilizers and Agricultural Chemicals-0.078%
Specialty Chemicals-1.00%
Commodity Chemicals-2.59%
Diversified Chemicals-6.66%
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
No data available

Latest News

LIN
US$476.49
Linde
7D
-0.3%
1Y
-0.08%
APD
US$270.48
Air Products and Chemicals
7D
-5.9%
1Y
-9.2%