U.S. Industrial Gases Industry Analysis
UpdatedJun 08, 2023
DataAggregated Company Financials
Companies6
- 7D3.1%
- 3M3.3%
- 1Y10.7%
- YTD7.2%
Over the last 7 days, the Industrial Gases industry has risen 3.1%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the U.S. Industrial Gases Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Jun 2023 | US$238.0b | US$46.5b | US$6.7b | 34.2x | 35.8x | 5.1x |
| Sat, 06 May 2023 | US$245.3b | US$46.2b | US$6.7b | 34.6x | 36.4x | 5.3x |
| Mon, 03 Apr 2023 | US$238.7b | US$46.2b | US$6.4b | 35.2x | 37.3x | 5.2x |
| Wed, 01 Mar 2023 | US$235.1b | US$46.2b | US$6.4b | 34.8x | 36.7x | 5.1x |
| Fri, 27 Jan 2023 | US$232.6b | US$46.5b | US$6.1b | 36.8x | 38.2x | 5x |
| Sun, 25 Dec 2022 | US$231.5b | US$46.5b | US$6.1b | 36.5x | 38x | 5x |
| Tue, 22 Nov 2022 | US$231.1b | US$46.5b | US$6.1b | 36.2x | 38x | 5x |
| Thu, 20 Oct 2022 | US$194.6b | US$44.6b | US$5.8b | 31.9x | 33.7x | 4.4x |
| Sat, 17 Sep 2022 | US$195.6b | US$44.6b | US$5.8b | 32.1x | 33.8x | 4.4x |
| Mon, 15 Aug 2022 | US$215.1b | US$44.6b | US$5.8b | 35.3x | 37.2x | 4.8x |
| Wed, 13 Jul 2022 | US$188.2b | US$43.1b | US$6.2b | 28.8x | 30.4x | 4.4x |
| Fri, 10 Jun 2022 | US$215.9b | US$43.1b | US$6.2b | 32.8x | 34.9x | 5x |
| Sun, 08 May 2022 | US$207.3b | US$43.1b | US$6.2b | 31.3x | 33.5x | 4.8x |
| Tue, 05 Apr 2022 | US$217.9b | US$41.7b | US$5.9b | 34.4x | 36.7x | 5.2x |
| Thu, 03 Mar 2022 | US$198.9b | US$41.8b | US$5.9b | 31.5x | 33.5x | 4.8x |
| Sat, 29 Jan 2022 | US$221.6b | US$40.1b | US$5.6b | 37.6x | 39.7x | 5.5x |
| Mon, 27 Dec 2021 | US$239.1b | US$40.1b | US$5.6b | 40.6x | 42.8x | 6x |
| Wed, 24 Nov 2021 | US$234.9b | US$40.1b | US$5.6b | 40x | 42.1x | 5.9x |
| Fri, 22 Oct 2021 | US$224.7b | US$38.8b | US$5.2b | 40.9x | 42.9x | 5.8x |
| Sun, 19 Sep 2021 | US$217.0b | US$38.8b | US$5.2b | 39x | 41.4x | 5.6x |
| Tue, 17 Aug 2021 | US$222.8b | US$38.8b | US$5.2b | 40.3x | 42.9x | 5.7x |
| Tue, 01 Jun 2021 | US$222.3b | US$37.1b | US$4.7b | 44.5x | 46.9x | 6x |
| Fri, 05 Mar 2021 | US$184.0b | US$36.3b | US$4.3b | 40.4x | 42.3x | 5.1x |
| Mon, 07 Dec 2020 | US$196.2b | US$36.0b | US$4.1b | 46.3x | 48x | 5.5x |
| Thu, 10 Sep 2020 | US$195.7b | US$36.1b | US$4.1b | 45.8x | 47.3x | 5.4x |
Price to Earnings Ratio
39.8x
Current Industry PE
- Investors are pessimistic on the American Industrial Gases 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 35.8x which is lower than its 3-year average PE of 39.9x.
- The industry is trading close to its 3-year average PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 8.8% 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. Industrial Gases compare with similar industries?
| US Market | 2.58% | |
| Materials | 6.90% | |
| Chemicals | 6.80% | |
| Industrial Gases | 3.08% | |
| Diversified Chemicals | 19.36% | |
| Commodity Chemicals | 10.24% | |
| Fertilizers and Agricultural Chemicals | 9.61% | |
| Specialty Chemicals | 7.33% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LIN Linde | US$362.29 | 2.4% +US$4.2b | 10.3% | PE39.5x | |
| APD Air Products and Chemicals | US$282.42 | 4.9% +US$2.9b | 11.9% | PE29x |