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U.S. Industrial Gases Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies4
- 7D-3.3%
- 3M-8.4%
- 1Y4.4%
- YTDn/a
Over the last 7 days, the Industrial Gases industry has dropped 3.3%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 4.4%. Looking forward, earnings are forecast to grow by 7.3% 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | US$267.6b | US$45.1b | US$10.2b | 24.4x | 26.2x | 5.9x |
| Tue, 19 Nov 2024 | US$284.3b | US$45.1b | US$10.2b | 26.2x | 27.8x | 6.3x |
| Thu, 17 Oct 2024 | US$302.2b | US$44.9b | US$9.0b | 32.2x | 33.7x | 6.7x |
| Sat, 14 Sep 2024 | US$286.3b | US$44.9b | US$9.0b | 29.8x | 32x | 6.4x |
| Mon, 12 Aug 2024 | US$275.3b | US$44.9b | US$9.0b | 28.7x | 30.7x | 6.1x |
| Wed, 10 Jul 2024 | US$266.1b | US$44.9b | US$8.8b | 27.9x | 30.3x | 5.9x |
| Fri, 07 Jun 2024 | US$269.2b | US$44.9b | US$8.8b | 28.7x | 30.7x | 6x |
| Sun, 05 May 2024 | US$258.3b | US$44.9b | US$8.8b | 27.2x | 29.4x | 5.8x |
| Tue, 02 Apr 2024 | US$277.5b | US$45.3b | US$8.5b | 29.6x | 32.5x | 6.1x |
| Thu, 29 Feb 2024 | US$267.2b | US$45.3b | US$8.5b | 28.7x | 31.3x | 5.9x |
| Sat, 27 Jan 2024 | US$254.3b | US$45.1b | US$8.3b | 29.1x | 30.7x | 5.6x |
| Mon, 25 Dec 2023 | US$259.8b | US$45.1b | US$8.3b | 29.9x | 31.4x | 5.8x |
| Wed, 22 Nov 2023 | US$257.8b | US$45.1b | US$8.3b | 29.7x | 31.1x | 5.7x |
| Fri, 20 Oct 2023 | US$242.9b | US$46.1b | US$7.9b | 30.2x | 30.9x | 5.3x |
| Sun, 17 Sep 2023 | US$256.4b | US$46.1b | US$7.9b | 32x | 32.6x | 5.6x |
| Tue, 15 Aug 2023 | US$251.1b | US$46.1b | US$7.9b | 31.2x | 31.9x | 5.4x |
| Thu, 13 Jul 2023 | US$248.8b | US$46.5b | US$6.7b | 35.5x | 37.4x | 5.4x |
| Sat, 10 Jun 2023 | US$238.5b | US$46.5b | US$6.7b | 34x | 35.8x | 5.1x |
| Mon, 08 May 2023 | US$245.3b | US$46.2b | US$6.7b | 34.6x | 36.4x | 5.3x |
| Wed, 05 Apr 2023 | US$239.4b | US$46.2b | US$6.4b | 35.3x | 37.4x | 5.2x |
| Fri, 03 Mar 2023 | US$238.0b | US$46.2b | US$6.4b | 35.3x | 37.2x | 5.1x |
| Sun, 29 Jan 2023 | US$229.7b | US$46.5b | US$6.1b | 36.4x | 37.7x | 4.9x |
| Tue, 27 Dec 2022 | US$231.5b | US$46.5b | US$6.1b | 36.5x | 38x | 5x |
| Thu, 24 Nov 2022 | US$237.7b | US$46.5b | US$6.1b | 37.3x | 39.1x | 5.1x |
| Sat, 22 Oct 2022 | US$196.7b | US$44.6b | US$5.8b | 32.2x | 34x | 4.4x |
| Mon, 19 Sep 2022 | US$195.6b | US$44.6b | US$5.8b | 32.1x | 33.8x | 4.4x |
| Wed, 17 Aug 2022 | US$216.0b | US$44.6b | US$5.8b | 35.5x | 37.4x | 4.8x |
| Fri, 15 Jul 2022 | US$187.9b | US$43.1b | US$6.2b | 28.1x | 30.3x | 4.4x |
| Sun, 12 Jun 2022 | US$210.8b | US$43.1b | US$6.2b | 32x | 34x | 4.9x |
| Tue, 10 May 2022 | US$207.3b | US$43.1b | US$6.2b | 30.7x | 33.5x | 4.8x |
| Thu, 07 Apr 2022 | US$213.9b | US$41.7b | US$5.9b | 33.8x | 36x | 5.1x |
| Sat, 05 Mar 2022 | US$193.4b | US$41.8b | US$5.9b | 30.6x | 32.6x | 4.6x |
| Mon, 31 Jan 2022 | US$221.6b | US$40.1b | US$5.6b | 37.6x | 39.7x | 5.5x |
| Wed, 29 Dec 2021 | US$242.4b | US$40.1b | US$5.6b | 41.1x | 43.4x | 6x |
Price to Earnings Ratio
43.4x
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 25.9x which is lower than its 3-year average PE of 33.7x.
- The industry is trading close to its 3-year average PS ratio of 5.4x.
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 4.0% 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 | -2.37% | |
| Materials | -4.90% | |
| Chemicals | -4.32% | |
| Industrial Gases | -3.28% | |
| Commodity Chemicals | -4.29% | |
| Fertilizers and Agricultural Chemicals | -4.77% | |
| Specialty Chemicals | -4.97% | |
| Diversified Chemicals | -6.14% | |
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 | |||||