Seeking Alpha • Aug 03
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- 7D3.0%
- 3M-2.6%
- 1Y2.9%
- YTDn/a
All of the companies in the Industrial Gases industry have been up over the last week, with the industry up 3.0%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Wed, 26 Aug 2026 | US$292.7b | US$48.1b | US$7.2b | 31.2x | 40.7x | 6.1x |
| Fri, 24 Jul 2026 | US$301.3b | US$47.1b | US$9.2b | 32x | 32.8x | 6.4x |
| Sun, 21 Jun 2026 | US$299.2b | US$47.1b | US$9.2b | 31.5x | 32.5x | 6.3x |
| Tue, 19 May 2026 | US$299.8b | US$47.1b | US$9.2b | 32.1x | 32.6x | 6.4x |
| Thu, 16 Apr 2026 | US$297.6b | US$46.2b | US$6.6b | 33.5x | 45.3x | 6.4x |
| Sat, 14 Mar 2026 | US$291.9b | US$46.2b | US$6.6b | 33.2x | 44.4x | 6.3x |
| Mon, 09 Feb 2026 | US$272.3b | US$46.2b | US$6.6b | 30.3x | 41.4x | 5.9x |
| Wed, 07 Jan 2026 | US$258.7b | US$45.5b | US$6.7b | 28.8x | 38.6x | 5.7x |
| Fri, 05 Dec 2025 | US$249.0b | US$45.5b | US$6.7b | 26.6x | 37.1x | 5.5x |
| Sun, 02 Nov 2025 | US$250.1b | US$45.6b | US$8.7b | 31x | 28.9x | 5.5x |
| Tue, 30 Sep 2025 | US$281.8b | US$45.3b | US$8.3b | 35.8x | 34x | 6.2x |
| Thu, 28 Aug 2025 | US$291.4b | US$45.3b | US$8.3b | 37.7x | 35.2x | 6.4x |
| Sat, 26 Jul 2025 | US$288.1b | US$45.0b | US$8.2b | 38.4x | 35.3x | 6.4x |
| Mon, 23 Jun 2025 | US$274.8b | US$45.0b | US$8.2b | 35.7x | 33.7x | 6.1x |
| Wed, 21 May 2025 | US$278.4b | US$45.0b | US$8.2b | 36.2x | 34.1x | 6.2x |
| Fri, 18 Apr 2025 | US$270.0b | US$45.0b | US$10.4b | 23.9x | 25.9x | 6x |
| Sun, 16 Mar 2025 | US$280.4b | US$45.0b | US$10.4b | 24.8x | 26.9x | 6.2x |
| Tue, 11 Feb 2025 | US$285.7b | US$45.0b | US$10.4b | 25.7x | 27.4x | 6.3x |
| Thu, 09 Jan 2025 | US$261.3b | US$45.1b | US$10.2b | 23.9x | 25.6x | 5.8x |
| Sat, 07 Dec 2024 | US$285.2b | US$45.1b | US$10.2b | 26x | 27.9x | 6.3x |
| Mon, 04 Nov 2024 | US$286.5b | US$45.1b | US$8.9b | 30.5x | 32x | 6.3x |
| Wed, 02 Oct 2024 | US$293.9b | US$44.9b | US$9.0b | 30.4x | 32.8x | 6.5x |
| Fri, 30 Aug 2024 | US$287.3b | US$44.9b | US$9.0b | 29.7x | 32.1x | 6.4x |
| Sun, 28 Jul 2024 | US$275.0b | US$44.9b | US$8.8b | 29x | 31.3x | 6.1x |
| Tue, 25 Jun 2024 | US$273.5b | US$44.9b | US$8.8b | 29.1x | 31.2x | 6.1x |
| Thu, 23 May 2024 | US$268.0b | US$44.9b | US$8.8b | 28.5x | 30.5x | 6x |
| Sat, 20 Apr 2024 | US$266.8b | US$45.3b | US$8.5b | 28.5x | 31.3x | 5.9x |
| Mon, 18 Mar 2024 | US$279.9b | US$45.3b | US$8.5b | 29.9x | 32.8x | 6.2x |
| Wed, 14 Feb 2024 | US$250.2b | US$45.3b | US$8.5b | 26.7x | 29.3x | 5.5x |
| Fri, 12 Jan 2024 | US$256.2b | US$45.1b | US$8.3b | 29.3x | 30.9x | 5.7x |
| Sun, 10 Dec 2023 | US$253.1b | US$45.1b | US$8.3b | 29x | 30.6x | 5.6x |
| Tue, 07 Nov 2023 | US$255.5b | US$45.4b | US$8.2b | 30.8x | 31.3x | 5.6x |
| Thu, 05 Oct 2023 | US$242.6b | US$46.1b | US$7.9b | 30.8x | 30.8x | 5.3x |
| Sat, 02 Sep 2023 | US$256.0b | US$46.1b | US$7.9b | 31.9x | 32.5x | 5.6x |
Price to Earnings Ratio
32.5x
Current Industry PE
- Investors are optimistic on the American Industrial Gases industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 40.7x which is higher than its 3-year average PE of 33.1x.
- The industry is trading close to its 3-year average PS ratio of 6.1x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have declined 2.9% 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 Comparison
How does U.S. Industrial Gases compare with similar industries?
| US Market | -1.55% | |
| Materials | 4.12% | |
| Chemicals | 2.15% | |
| Industrial Gases | 2.95% | |
| Fertilizers and Agricultural Chemicals | 9.02% | |
| Specialty Chemicals | 0.56% | |
| Commodity Chemicals | -1.14% | |
| Diversified Chemicals | -4.24% | |
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$487.20 | 1.8% +US$3.9b | 1.1% | PE31x | |
| APD Air Products and Chemicals | US$303.85 | 0.2% +US$138.1m | 3.4% | PS5.4x |