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U.S. Industrial Gases Industry Analysis

UpdatedFeb 07, 2025
DataAggregated Company Financials
Companies4
  • 7D1.8%
  • 3M1.4%
  • 1Y19.0%
  • YTDn/a

In the last week, the Industrial Gases industry is up 1.6%, with all of the companies up. This takes the industry's 12 month performance to a gain of 14%. Looking forward, earnings are forecast to grow by 7.1% annually.

Industry Valuation and Performance

Has the U.S. Industrial Gases Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Feb 2025US$290.1bUS$45.1bUS$10.2b26.7x28.4x6.4x
Sun, 05 Jan 2025US$260.0bUS$45.1bUS$10.2b23.6x25.4x5.8x
Tue, 03 Dec 2024US$293.9bUS$45.1bUS$10.2b26.9x28.7x6.5x
Thu, 31 Oct 2024US$296.1bUS$44.9bUS$9.0b31.2x33x6.6x
Sat, 28 Sep 2024US$295.5bUS$44.9bUS$9.0b30.9x33x6.6x
Mon, 26 Aug 2024US$283.7bUS$44.9bUS$9.0b29.3x31.7x6.3x
Wed, 24 Jul 2024US$269.7bUS$44.9bUS$8.8b28.6x30.7x6x
Fri, 21 Jun 2024US$272.6bUS$44.9bUS$8.8b29.1x31.1x6.1x
Sun, 19 May 2024US$266.3bUS$44.9bUS$8.8b28.3x30.4x5.9x
Tue, 16 Apr 2024US$266.9bUS$45.3bUS$8.5b28.3x31.3x5.9x
Thu, 14 Mar 2024US$281.5bUS$45.3bUS$8.5b30.2x33x6.2x
Sat, 10 Feb 2024US$252.3bUS$45.3bUS$8.5b26.9x29.6x5.6x
Mon, 08 Jan 2024US$258.4bUS$45.1bUS$8.3b29.7x31.2x5.7x
Wed, 06 Dec 2023US$257.2bUS$45.1bUS$8.3b29.1x31.1x5.7x
Fri, 03 Nov 2023US$250.7bUS$45.4bUS$8.2b30.6x30.7x5.5x
Sun, 01 Oct 2023US$244.6bUS$46.1bUS$7.9b30.4x31.1x5.3x
Tue, 29 Aug 2023US$250.2bUS$46.1bUS$7.9b31.1x31.8x5.4x
Thu, 27 Jul 2023US$257.4bUS$46.5bUS$6.7b36.7x38.7x5.5x
Sat, 24 Jun 2023US$245.0bUS$46.5bUS$6.7b34.9x36.8x5.3x
Mon, 22 May 2023US$243.8bUS$46.5bUS$6.7b34.6x36.6x5.2x
Wed, 19 Apr 2023US$243.5bUS$46.2bUS$6.4b35.8x38x5.3x
Fri, 17 Mar 2023US$228.6bUS$46.2bUS$6.4b33.8x35.7x4.9x
Sun, 12 Feb 2023US$227.4bUS$46.2bUS$6.4b33.9x35.5x4.9x
Tue, 10 Jan 2023US$227.8bUS$46.5bUS$6.1b36x37.4x4.9x
Thu, 08 Dec 2022US$233.7bUS$46.5bUS$6.1b36.9x38.4x5x
Sat, 05 Nov 2022US$214.0bUS$46.5bUS$6.1b33.5x35.2x4.6x
Mon, 03 Oct 2022US$185.5bUS$44.6bUS$5.8b30.4x32.1x4.2x
Wed, 31 Aug 2022US$198.2bUS$44.6bUS$5.8b32.6x34.3x4.4x
Fri, 29 Jul 2022US$195.2bUS$43.1bUS$6.2b30.2x31.5x4.5x
Sun, 26 Jun 2022US$207.6bUS$43.1bUS$6.2b31.7x33.5x4.8x
Tue, 24 May 2022US$213.4bUS$43.1bUS$6.2b32.1x34.5x4.9x
Thu, 21 Apr 2022US$219.1bUS$41.7bUS$5.9b34.5x36.9x5.2x
Sat, 19 Mar 2022US$208.7bUS$41.8bUS$5.9b32.7x35.2x5x
Mon, 14 Feb 2022US$203.9bUS$41.8bUS$5.9b32.4x34.4x4.9x
Price to Earnings Ratio

34.4x


Total Market Cap: US$203.9bTotal Earnings: US$5.9bTotal Revenue: US$41.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrial Gases Industry Price to Earnings3Y Average 33.1x202320242025
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 28.1x which is lower than its 3-year average PE of 33.1x.
  • The 3-year average PS ratio of 5.4x is lower than the industry's current PS ratio of 6.4x.
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 3.5% 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 Market0.16%
Materials0.31%
Chemicals-0.81%
Industrial Gases1.80%
Commodity Chemicals-0.15%
Specialty Chemicals-1.08%
Diversified Chemicals-2.12%
Fertilizers and Agricultural Chemicals-8.51%
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$460.683.2%
+US$6.8b		11.3%PE34.4x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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