U.S. Industrial Gases Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies5
- 7D-1.4%
- 3M5.0%
- 1Y10.3%
- YTDn/a
Over the last 7 days, the Industrial Gases industry has dropped 1.7%, driven by declines from every company within the industry. In the past year, the industry has gained 10.0%. As for the next few years, earnings are expected to grow by 9.1% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | US$266.8b | US$45.3b | US$8.5b | 28.5x | 31.3x | 5.9x |
| Sun, 17 Mar 2024 | US$279.9b | US$45.3b | US$8.5b | 29.9x | 32.8x | 6.2x |
| Tue, 13 Feb 2024 | US$253.0b | US$45.3b | US$8.5b | 27x | 29.7x | 5.6x |
| Thu, 11 Jan 2024 | US$256.8b | US$45.1b | US$8.3b | 29.4x | 31x | 5.7x |
| Sat, 09 Dec 2023 | US$251.5b | US$45.1b | US$8.3b | 29x | 30.4x | 5.6x |
| Mon, 06 Nov 2023 | US$255.5b | US$45.4b | US$8.2b | 30.9x | 31.3x | 5.6x |
| Wed, 04 Oct 2023 | US$242.6b | US$46.1b | US$7.9b | 30.4x | 30.8x | 5.3x |
| Fri, 01 Sep 2023 | US$254.5b | US$46.1b | US$7.9b | 31.7x | 32.3x | 5.5x |
| Sun, 30 Jul 2023 | US$255.0b | US$46.2b | US$7.9b | 32.2x | 32.5x | 5.5x |
| Tue, 27 Jun 2023 | US$245.1b | US$46.5b | US$6.7b | 34.9x | 36.8x | 5.3x |
| Thu, 25 May 2023 | US$233.9b | US$46.5b | US$6.7b | 33.2x | 35.2x | 5x |
| Sat, 22 Apr 2023 | US$244.1b | US$46.2b | US$6.4b | 36x | 38.1x | 5.3x |
| Mon, 20 Mar 2023 | US$223.7b | US$46.2b | US$6.4b | 33.1x | 34.9x | 4.8x |
| Wed, 15 Feb 2023 | US$227.0b | US$46.2b | US$6.4b | 33.7x | 35.5x | 4.9x |
| Fri, 13 Jan 2023 | US$230.9b | US$46.5b | US$6.1b | 36.4x | 37.9x | 5x |
| Sun, 11 Dec 2022 | US$233.4b | US$46.5b | US$6.1b | 36.8x | 38.4x | 5x |
| Tue, 08 Nov 2022 | US$214.0b | US$46.5b | US$6.1b | 33.9x | 35.2x | 4.6x |
| Thu, 06 Oct 2022 | US$194.8b | US$44.6b | US$5.8b | 31.9x | 33.7x | 4.4x |
| Sat, 03 Sep 2022 | US$192.7b | US$44.6b | US$5.8b | 31.7x | 33.3x | 4.3x |
| Mon, 01 Aug 2022 | US$205.4b | US$44.0b | US$5.7b | 33.8x | 35.9x | 4.7x |
| Wed, 29 Jun 2022 | US$202.8b | US$43.1b | US$6.2b | 30.6x | 32.8x | 4.7x |
| Fri, 27 May 2022 | US$210.7b | US$43.1b | US$6.2b | 31.8x | 34x | 4.9x |
| Sun, 24 Apr 2022 | US$209.4b | US$41.7b | US$5.9b | 33.1x | 35.3x | 5x |
| Tue, 22 Mar 2022 | US$208.8b | US$41.8b | US$5.9b | 32.8x | 35.2x | 5x |
| Thu, 17 Feb 2022 | US$209.2b | US$41.8b | US$5.9b | 33x | 35.3x | 5x |
| Sat, 15 Jan 2022 | US$231.7b | US$40.1b | US$5.6b | 39.3x | 41.5x | 5.8x |
| Mon, 13 Dec 2021 | US$235.8b | US$40.1b | US$5.6b | 40x | 42.2x | 5.9x |
| Wed, 10 Nov 2021 | US$242.0b | US$40.1b | US$5.6b | 41.3x | 43.3x | 6x |
| Fri, 08 Oct 2021 | US$211.8b | US$38.8b | US$5.2b | 38.2x | 40.5x | 5.5x |
| Sun, 05 Sep 2021 | US$220.7b | US$38.8b | US$5.2b | 39.7x | 42.5x | 5.7x |
| Tue, 03 Aug 2021 | US$220.6b | US$38.8b | US$5.2b | 40.2x | 42.4x | 5.7x |
| Fri, 07 May 2021 | US$212.5b | US$37.1b | US$4.7b | 42.6x | 44.9x | 5.7x |
Price to Earnings Ratio
44.9x
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 31.2x which is lower than its 3-year average PE of 36.4x.
- The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 6.9% 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 | -3.65% | |
| Materials | -2.97% | |
| Chemicals | -2.91% | |
| Industrial Gases | -1.43% | |
| Diversified Chemicals | -3.30% | |
| Specialty Chemicals | -3.44% | |
| Commodity Chemicals | -3.84% | |
| Fertilizers and Agricultural Chemicals | -4.23% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||