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U.S. Chemicals Industry Analysis

UpdatedMay 14, 2026
DataAggregated Company Financials
Companies128
  • 7D-0.09%
  • 3M2.2%
  • 1Y11.9%
  • YTD17.1%

The Chemicals industry has been flat over the last week, but Sherwin-Williams has lost 5.3%. The past year has been better, since the industry has gained 12% in that time. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 14 May 2026US$847.6bUS$359.7bUS$11.4b23.9x74.3x2.4x
Sat, 11 Apr 2026US$843.6bUS$357.1bUS$7.3b29.4x115.1x2.4x
Mon, 09 Mar 2026US$804.0bUS$357.1bUS$7.6b24.3x105.6x2.3x
Wed, 04 Feb 2026US$791.7bUS$371.4bUS$9.7b24.3x81.7x2.1x
Fri, 02 Jan 2026US$722.0bUS$371.7bUS$11.0b23.6x65.6x1.9x
Sun, 30 Nov 2025US$725.4bUS$371.7bUS$11.0b23x66.1x2x
Tue, 28 Oct 2025US$757.1bUS$370.7bUS$15.9b25.8x47.5x2x
Thu, 25 Sep 2025US$771.1bUS$367.7bUS$15.5b26.1x49.6x2.1x
Sat, 23 Aug 2025US$792.9bUS$367.6bUS$15.5b26.9x51x2.2x
Mon, 21 Jul 2025US$792.2bUS$376.6bUS$18.0b22.7x44.1x2.1x
Wed, 18 Jun 2025US$776.6bUS$378.4bUS$18.1b21.5x42.8x2.1x
Fri, 16 May 2025US$757.6bUS$378.5bUS$17.2b21.9x44.1x2x
Sun, 13 Apr 2025US$720.3bUS$380.8bUS$23.0b18.2x31.3x1.9x
Tue, 11 Mar 2025US$809.2bUS$379.3bUS$22.8b21.4x35.4x2.1x
Thu, 06 Feb 2025US$829.1bUS$382.2bUS$22.3b21.7x37.2x2.2x
Sat, 04 Jan 2025US$770.4bUS$384.3bUS$23.4b19.9x32.9x2x
Mon, 02 Dec 2024US$869.3bUS$384.3bUS$23.4b23x37.1x2.3x
Wed, 30 Oct 2024US$878.4bUS$386.3bUS$24.6b25.5x35.7x2.3x
Fri, 27 Sep 2024US$877.6bUS$383.8bUS$23.5b26x37.4x2.3x
Sun, 25 Aug 2024US$857.5bUS$383.8bUS$23.4b25.6x36.6x2.2x
Tue, 23 Jul 2024US$823.1bUS$379.8bUS$23.5b27.7x35.1x2.2x
Thu, 20 Jun 2024US$813.3bUS$377.3bUS$23.4b26x34.7x2.2x
Sat, 18 May 2024US$826.8bUS$377.3bUS$23.5b26.3x35.2x2.2x
Mon, 15 Apr 2024US$813.6bUS$384.6bUS$25.6b21.1x31.8x2.1x
Wed, 13 Mar 2024US$840.8bUS$384.5bUS$25.4b21.1x33.1x2.2x
Fri, 09 Feb 2024US$772.6bUS$388.5bUS$31.5b19.4x24.5x2x
Sun, 07 Jan 2024US$803.3bUS$398.8bUS$31.9b20.8x25.2x2x
Tue, 05 Dec 2023US$778.1bUS$398.4bUS$31.6b19.7x24.6x2x
Thu, 02 Nov 2023US$717.0bUS$403.9bUS$30.4b15.1x23.6x1.8x
Sat, 30 Sep 2023US$752.3bUS$411.9bUS$31.2b15.8x24.1x1.8x
Mon, 28 Aug 2023US$775.0bUS$412.0bUS$31.2b15.2x24.8x1.9x
Wed, 26 Jul 2023US$839.4bUS$440.6bUS$38.2b14.3x22x1.9x
Fri, 23 Jun 2023US$793.0bUS$444.6bUS$39.1b12.9x20.3x1.8x
Sun, 21 May 2023US$780.3bUS$444.6bUS$39.1b12.8x20x1.8x
Price to Earnings Ratio

20x


Total Market Cap: US$780.3bTotal Earnings: US$39.1bTotal Revenue: US$444.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Chemicals Industry Price to Earnings3Y Average 47.9x202420252026
Current Industry PE
  • Investors are optimistic on the American Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 74.3x which is higher than its 3-year average PE of 47.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 34% per year over the last three years,
  • Revenues have also declined 6.8% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the U.S. Materials industry?

US Market0.55%
Materials0.42%
Chemicals-0.092%
Fertilizers and Agricultural Chemicals3.29%
Industrial Gases2.21%
Commodity Chemicals-0.77%
Diversified Chemicals-2.01%
Specialty Chemicals-2.55%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 23.8x.
    • Analysts are expecting annual earnings growth of 15.4%, which is higher than its past year's earnings growth of 9.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 69% over the next 5 years.
  • In contrast, the Industrial Gases industry is expected to see its earnings grow by 9.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LIN LindeUS$513.262.3%
+US$5.3b		15.1%PE33.5x
ICL ICL GroupUS$6.8221.4%
+US$1.5b		0.1%PE38.9x
APD Air Products and ChemicalsUS$306.202.0%
+US$1.3b		12.8%PE32.2x
PRM Perimeter SolutionsUS$33.9123.7%
+US$1.1b		187.6%PS7.8x
CTVA CortevaUS$83.351.9%
+US$1.1b		23.3%PE44.5x

Latest News

CF
US$125.50
CF Industries Holdings
7D
4.8%
1Y
46.0%
PRM
US$33.91
Perimeter Solutions
7D
23.7%
1Y
187.6%
ICL
US$6.82
ICL Group
7D
21.4%
1Y
0.1%
Seeking Alpha • 21h

ICL Group: Earnings Beat Pleases The Street, Shares Now Fully Valued (Downgrade)

Summary ICL Group is downgraded to 'Hold' as valuation now appears fair following a post-earnings rally and guidance raise. Q1 results showed 14% revenue growth, and a 26% rise in adjusted net income, and management increased FY 2026 adjusted EBITDA guidance by $100 million. ICL faces key risks from geopolitical instability in Israel, volatile raw material prices, and regulatory uncertainties impacting mineral extraction permits. Technical setup is mixed: shares surged on earnings, but resistance at $7.35 and a downward-sloping 200dma temper bullish conviction. Read the full article on Seeking Alpha
SOLS
US$88.57
Solstice Advanced Materials
7D
8.0%
1Y
n/a
Analysis Article • 22h

Some Investors May Be Willing To Look Past Solstice Advanced Materials' (NASDAQ:SOLS) Soft Earnings

The market for Solstice Advanced Materials, Inc.'s ( NASDAQ:SOLS ) shares didn't move much after it posted weak...
LIN
US$513.26
Linde
7D
2.3%
1Y
15.1%
Narrative Update • May 13

LIN: Pricing Power And Capital Returns Will Shape Fairly Valued Helium Exposure

Linde's analyst fair value estimate has moved from $525.49 to $540.61 as analysts factor in updated assumptions around revenue growth, profit margins, and P/E expectations, reflected in a series of recent price target increases from several banks. Analyst Commentary Recent research shows a cluster of higher price targets and one rating upgrade, which together help explain the modest rise in the consolidated fair value estimate for Linde.
APD
US$306.20
Air Products and Chemicals
7D
2.0%
1Y
12.8%
ALB
US$200.94
Albemarle
7D
4.3%
1Y
229.0%
PPG
US$105.46
PPG Industries
7D
-5.4%
1Y
-5.6%
Narrative Update • May 12

PPG: Coatings Expansion And Buybacks Will Support Future Earnings Delivery

Analysts now estimate PPG Industries' fair value at approximately $122.90, up slightly from roughly $122.10, as recent price target revisions across firms reflect updated views on revenue growth, profit margins and P/E assumptions. Analyst Commentary Recent Street research on PPG Industries shows a mix of higher and lower price targets, along with at least one downgrade, which together help explain why fair value estimates are clustered close to the current consensus level.
CTVA
US$83.35
Corteva
7D
1.9%
1Y
23.3%
ECL
US$249.62
Ecolab
7D
-5.2%
1Y
-0.2%
SHW
US$306.34
Sherwin-Williams
7D
-5.3%
1Y
-12.8%
SQM
US$91.62
Sociedad Química y Minera de Chile
7D
-2.0%
1Y
155.6%
IFF
US$77.48
International Flavors & Fragrances
7D
-6.6%
1Y
3.8%
AVNT
US$34.33
Avient
7D
-9.3%
1Y
-9.7%
WLK
US$92.27
Westlake
7D
-7.7%
1Y
11.7%
RPM
US$97.15
RPM International
7D
-5.1%
1Y
-13.5%
Narrative Update • May 07

RPM: Cost Actions And Operating Leverage Will Shape Earnings Execution Risk

RPM International's updated analyst price target remains at $115, with recent Street research showing both upward and downward revisions as analysts weigh slightly higher projected revenue growth and profit margins against modest adjustments in the discount rate and future P/E assumptions. Analyst Commentary Recent research on RPM International highlights a mixed backdrop, with some firms lifting targets while others trim their expectations or keep them unchanged.