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U.S. Industrial Gases Industry Analysis

UpdatedJun 08, 2023
DataAggregated Company Financials
  • 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Jun 2023US$238.0bUS$46.5bUS$6.7b34.2x35.8x5.1x
Sat, 06 May 2023US$245.3bUS$46.2bUS$6.7b34.6x36.4x5.3x
Mon, 03 Apr 2023US$238.7bUS$46.2bUS$6.4b35.2x37.3x5.2x
Wed, 01 Mar 2023US$235.1bUS$46.2bUS$6.4b34.8x36.7x5.1x
Fri, 27 Jan 2023US$232.6bUS$46.5bUS$6.1b36.8x38.2x5x
Sun, 25 Dec 2022US$231.5bUS$46.5bUS$6.1b36.5x38x5x
Tue, 22 Nov 2022US$231.1bUS$46.5bUS$6.1b36.2x38x5x
Thu, 20 Oct 2022US$194.6bUS$44.6bUS$5.8b31.9x33.7x4.4x
Sat, 17 Sep 2022US$195.6bUS$44.6bUS$5.8b32.1x33.8x4.4x
Mon, 15 Aug 2022US$215.1bUS$44.6bUS$5.8b35.3x37.2x4.8x
Wed, 13 Jul 2022US$188.2bUS$43.1bUS$6.2b28.8x30.4x4.4x
Fri, 10 Jun 2022US$215.9bUS$43.1bUS$6.2b32.8x34.9x5x
Sun, 08 May 2022US$207.3bUS$43.1bUS$6.2b31.3x33.5x4.8x
Tue, 05 Apr 2022US$217.9bUS$41.7bUS$5.9b34.4x36.7x5.2x
Thu, 03 Mar 2022US$198.9bUS$41.8bUS$5.9b31.5x33.5x4.8x
Sat, 29 Jan 2022US$221.6bUS$40.1bUS$5.6b37.6x39.7x5.5x
Mon, 27 Dec 2021US$239.1bUS$40.1bUS$5.6b40.6x42.8x6x
Wed, 24 Nov 2021US$234.9bUS$40.1bUS$5.6b40x42.1x5.9x
Fri, 22 Oct 2021US$224.7bUS$38.8bUS$5.2b40.9x42.9x5.8x
Sun, 19 Sep 2021US$217.0bUS$38.8bUS$5.2b39x41.4x5.6x
Tue, 17 Aug 2021US$222.8bUS$38.8bUS$5.2b40.3x42.9x5.7x
Tue, 01 Jun 2021US$222.3bUS$37.1bUS$4.7b44.5x46.9x6x
Fri, 05 Mar 2021US$184.0bUS$36.3bUS$4.3b40.4x42.3x5.1x
Mon, 07 Dec 2020US$196.2bUS$36.0bUS$4.1b46.3x48x5.5x
Thu, 10 Sep 2020US$195.7bUS$36.1bUS$4.1b45.8x47.3x5.4x
Price to Earnings Ratio


Total Market Cap: US$164.8bTotal Earnings: US$4.1bTotal Revenue: US$36.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrial Gases Industry Price to Earnings3Y Average 39.9x202120222023
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 Market2.58%
Industrial Gases3.08%
Diversified Chemicals19.36%
Commodity Chemicals10.24%
Fertilizers and Agricultural Chemicals9.61%
Specialty Chemicals7.33%
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?

CompanyLast Price7D1YValuation
LIN LindeUS$362.292.4%
APD Air Products and ChemicalsUS$282.424.9%
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