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U.S. Chemicals Industry Analysis

UpdatedJul 12, 2026
DataAggregated Company Financials
Companies127
  • 7D-3.2%
  • 3M-3.0%
  • 1Y4.0%
  • YTD14.3%

Over the last 7 days, the Chemicals industry has dropped 3.2%, driven by a pullback from Linde of 3.1%. On the other hand CF Industries Holdings is actually up 5.8%. This takes the industry's 12 month performance to a gain of 4.0%. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 Jul 2026US$828.1bUS$360.7bUS$11.9b25.6x69.6x2.3x
Wed, 10 Jun 2026US$804.6bUS$360.7bUS$11.6b27.1x69.2x2.2x
Fri, 08 May 2026US$850.9bUS$358.6bUS$10.8b28.1x78.8x2.4x
Sun, 05 Apr 2026US$838.6bUS$357.0bUS$7.3b29.2x114.4x2.3x
Tue, 03 Mar 2026US$845.3bUS$356.9bUS$7.3b24x116.2x2.4x
Thu, 29 Jan 2026US$788.6bUS$372.1bUS$11.3b25.8x69.7x2.1x
Sat, 27 Dec 2025US$725.0bUS$371.7bUS$11.0b23.9x65.9x2x
Mon, 24 Nov 2025US$707.9bUS$371.7bUS$11.0b22.2x64.4x1.9x
Wed, 22 Oct 2025US$750.2bUS$367.8bUS$15.6b25.8x48.2x2x
Fri, 19 Sep 2025US$781.9bUS$367.7bUS$15.5b27.2x50.3x2.1x
Sun, 17 Aug 2025US$788.5bUS$367.8bUS$15.7b25.1x50.3x2.1x
Tue, 15 Jul 2025US$799.4bUS$376.6bUS$17.9b23.7x44.6x2.1x
Thu, 12 Jun 2025US$793.2bUS$378.4bUS$18.1b22.7x43.7x2.1x
Sat, 10 May 2025US$754.1bUS$378.5bUS$17.2b21.5x43.8x2x
Mon, 07 Apr 2025US$711.9bUS$380.9bUS$23.0b17.3x31x1.9x
Wed, 05 Mar 2025US$803.3bUS$380.6bUS$23.0b21.8x34.9x2.1x
Fri, 31 Jan 2025US$824.6bUS$384.2bUS$23.4b23.5x35.2x2.1x
Sun, 29 Dec 2024US$787.8bUS$384.3bUS$23.4b20.4x33.6x2x
Tue, 26 Nov 2024US$862.5bUS$384.3bUS$23.5b23.3x36.8x2.2x
Thu, 24 Oct 2024US$890.2bUS$388.6bUS$24.3b26.1x36.7x2.3x
Sat, 21 Sep 2024US$873.2bUS$383.8bUS$23.4b25.3x37.2x2.3x
Mon, 19 Aug 2024US$840.5bUS$384.5bUS$23.8b25.4x35.3x2.2x
Wed, 17 Jul 2024US$818.5bUS$379.9bUS$23.4b27.7x34.9x2.2x
Fri, 14 Jun 2024US$819.6bUS$377.3bUS$23.4b26.7x35x2.2x
Sun, 12 May 2024US$831.8bUS$377.4bUS$23.5b22.7x35.4x2.2x
Tue, 09 Apr 2024US$842.5bUS$384.6bUS$25.6b22x32.9x2.2x
Thu, 07 Mar 2024US$817.8bUS$384.4bUS$25.4b20.1x32.2x2.1x
Sat, 03 Feb 2024US$788.7bUS$397.0bUS$31.0b21.1x25.5x2x
Mon, 01 Jan 2024US$810.5bUS$397.9bUS$31.5b21.7x25.7x2x
Wed, 29 Nov 2023US$765.0bUS$398.8bUS$31.6b19.1x24.2x1.9x
Fri, 27 Oct 2023US$714.6bUS$407.8bUS$31.1b15.1x23x1.8x
Sun, 24 Sep 2023US$749.3bUS$412.0bUS$31.2b16.5x24x1.8x
Tue, 22 Aug 2023US$773.4bUS$412.0bUS$31.2b15.2x24.8x1.9x
Thu, 20 Jul 2023US$827.1bUS$444.3bUS$39.1b14.3x21.2x1.9x
Price to Earnings Ratio

21.2x


Total Market Cap: US$827.1bTotal Earnings: US$39.1bTotal Revenue: US$444.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Chemicals Industry Price to Earnings3Y Average 50.8x202420252026
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 69.6x which is higher than its 3-year average PE of 50.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 33% per year over the last three years,
  • Revenues have also declined 6.7% 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 Market0.81%
Materials-2.15%
Chemicals-3.20%
Commodity Chemicals3.21%
Diversified Chemicals2.77%
Fertilizers and Agricultural Chemicals0.84%
Industrial Gases-3.43%
Specialty Chemicals-5.10%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 29.4x.
    • Analysts are expecting annual earnings growth of 15.7%, which is higher than its past year's earnings growth of 9.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 38% over the next 5 years.
  • This is better than its past earnings decline of 11% per year.
  • In contrast, the Diversified Chemicals industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DOW DowUS$29.036.2%
+US$1.2b		2.8%PS0.5x
LYB LyondellBasell IndustriesUS$56.356.4%
+US$1.1b		-10.6%PS0.6x
CF CF Industries HoldingsUS$116.923.3%
+US$571.5m		20.0%PE10.2x
SQM Sociedad Química y Minera de ChileUS$73.190.7%
+US$140.0m		94.5%PE25.6x
MOS MosaicUS$21.511.8%
+US$120.8m		-41.0%PE151.9x

Latest News

CF
US$116.92
CF Industries Holdings
7D
3.3%
1Y
20.0%
IFF
US$77.53
International Flavors & Fragrances
7D
-6.3%
1Y
3.9%
ECL
US$274.31
Ecolab
7D
-3.3%
1Y
2.3%
Seeking Alpha • Jul 09

Ecolab: Data Center Growth Insufficient To Support 33x P/E Ratio

Summary Ecolab remains a hold as the current valuation of 33x forward earnings fully prices in near-term growth prospects. ECL's high-tech/data center vertical offers long-term potential, but current contributions are modest and could require substantial M&A capital deployment. Recent acquisitions like CoolIT Systems, at 8.6x forward revenues, are initially dilutive and highlight Ecolab's aggressive strategy to scale high-tech exposure. Organic growth in various Ecolab markets remains slow, making sustained EPS growth reliant on successful, accretive M&A execution. Read the full article on Seeking Alpha
ALB
US$126.05
Albemarle
7D
-5.8%
1Y
75.4%
SOLS
US$61.30
Solstice Advanced Materials
7D
-23.6%
1Y
n/a
HUN
US$11.13
Huntsman
7D
5.2%
1Y
-1.9%
MOS
US$21.51
Mosaic
7D
1.8%
1Y
-41.0%
Narrative Update • Jul 07

MOS: Sulfur And Phosphate Margin Reset Will Shape Balanced Return Potential

The updated analyst price target framework for Mosaic reflects a modest fair value adjustment from about $19.36 to roughly $19.98, as analysts factor in slightly less severe revenue pressure, firmer profit margin expectations, and a lower future P/E multiple informed by recent research that balances reduced Street targets with arguments for eventual margin recovery in phosphate fertilizers. Analyst Commentary Recent research around Mosaic highlights a split view, with some firms pointing to potential value in the stock while several bearish analysts stress ongoing risks tied to phosphate margins, sulfur costs, and broader fertilizer demand.
PPG
US$116.76
PPG Industries
7D
-6.8%
1Y
-0.5%
OLN
US$20.68
Olin
7D
4.7%
1Y
-5.0%
WLK
US$75.49
Westlake
7D
0.9%
1Y
-9.4%
LYB
US$56.35
LyondellBasell Industries
7D
6.4%
1Y
-10.6%
APD
US$299.53
Air Products and Chemicals
7D
-3.0%
1Y
3.0%
SQM
US$73.19
Sociedad Química y Minera de Chile
7D
0.7%
1Y
94.5%
Narrative Update • Jul 06

SQM: Chinese Lithium Inventory Rebound Will Likely Restrain Future Share Upside

The analyst price target for Sociedad Química y Minera de Chile has moved higher to $48.83 from $41.22 as analysts factor in updated assumptions for revenue growth, profit margins, discount rate, and a future P/E of 11.30. This references recent Street research that highlights Q1 operating performance, lithium pricing expectations, and segment volume trends.
LIN
US$529.79
Linde
7D
-2.0%
1Y
13.0%
Seeking Alpha • Jul 05

Linde: Space Growth Prospects Already At Orbit

Summary Linde offers diversified industrial gas exposure, with recent momentum from clean energy and emerging space sector demand. LIN's on-site gas business is expanding, providing higher margins and defensiveness, while Engineering backlog declines. Clean energy backlog growth may slow as mandates face pushback; space sector offers long-term upside but remains a small contributor. LIN is rated a hold, as current valuation already reflects base case growth from clean energy and space opportunities. Read the full article on Seeking Alpha
DOW
US$29.03
Dow
7D
6.2%
1Y
2.8%
SHW
US$333.99
Sherwin-Williams
7D
-4.3%
1Y
-3.1%