Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Chemicals Industry Analysis

UpdatedSep 02, 2026
DataAggregated Company Financials
Companies119
  • 7D-0.6%
  • 3M0.6%
  • 1Y5.6%
  • YTD13.8%

The Chemicals is pretty flat in the last 7 days, but Corteva has stood out, gaining 5.6%. The past year has been better, since the industry has gained 5.6% in that time. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 03 Sep 2026US$808.2bUS$363.9bUS$11.7b23x69.1x2.2x
Sat, 01 Aug 2026US$813.1bUS$365.1bUS$12.3b24.8x66.2x2.2x
Mon, 29 Jun 2026US$832.1bUS$360.8bUS$11.7b25x71.4x2.3x
Wed, 27 May 2026US$830.4bUS$360.0bUS$11.4b26.7x72.8x2.3x
Fri, 24 Apr 2026US$841.3bUS$357.1bUS$7.2b29.8x116.1x2.4x
Sun, 22 Mar 2026US$786.7bUS$357.0bUS$7.5b26.2x105.1x2.2x
Tue, 17 Feb 2026US$838.6bUS$365.8bUS$6.1b26.8x138.4x2.3x
Thu, 15 Jan 2026US$773.0bUS$372.0bUS$11.0b25.3x70.4x2.1x
Sat, 13 Dec 2025US$714.0bUS$371.7bUS$11.0b24x65x1.9x
Mon, 10 Nov 2025US$706.4bUS$371.6bUS$11.0b23x64.5x1.9x
Wed, 08 Oct 2025US$766.1bUS$367.8bUS$15.6b26.3x49.3x2.1x
Fri, 05 Sep 2025US$785.0bUS$367.6bUS$15.5b26.2x50.5x2.1x
Sun, 03 Aug 2025US$756.0bUS$374.7bUS$15.1b23.8x50x2x
Tue, 01 Jul 2025US$777.7bUS$378.4bUS$18.1b22x42.9x2.1x
Thu, 29 May 2025US$777.4bUS$378.5bUS$17.1b22.4x45.4x2.1x
Sat, 26 Apr 2025US$740.2bUS$380.4bUS$22.1b18.3x33.5x1.9x
Mon, 24 Mar 2025US$779.4bUS$380.9bUS$23.0b20.7x33.8x2x
Wed, 19 Feb 2025US$825.2bUS$381.2bUS$22.7b21.3x36.3x2.2x
Fri, 17 Jan 2025US$803.7bUS$384.4bUS$23.4b22.9x34.3x2.1x
Sun, 15 Dec 2024US$825.9bUS$384.3bUS$23.4b22.2x35.2x2.1x
Tue, 12 Nov 2024US$861.3bUS$385.8bUS$23.8b25.7x36.3x2.2x
Thu, 10 Oct 2024US$884.5bUS$390.5bUS$24.3b25.8x36.4x2.3x
Sat, 07 Sep 2024US$832.8bUS$383.8bUS$23.4b25.4x35.5x2.2x
Mon, 05 Aug 2024US$831.8bUS$385.3bUS$24.2b25.9x34.4x2.2x
Wed, 03 Jul 2024US$792.3bUS$379.9bUS$23.4b25.3x33.8x2.1x
Fri, 31 May 2024US$817.3bUS$377.3bUS$23.4b25.4x34.9x2.2x
Sun, 28 Apr 2024US$806.2bUS$382.7bUS$26.3b21.3x30.6x2.1x
Tue, 26 Mar 2024US$844.3bUS$384.6bUS$25.4b20.1x33.2x2.2x
Thu, 22 Feb 2024US$791.8bUS$386.9bUS$25.9b20.6x30.6x2x
Sat, 20 Jan 2024US$784.3bUS$398.9bUS$31.7b20x24.7x2x
Mon, 18 Dec 2023US$800.2bUS$398.4bUS$31.6b21.6x25.3x2x
Wed, 15 Nov 2023US$734.7bUS$399.0bUS$31.7b17.6x23.2x1.8x
Fri, 13 Oct 2023US$751.7bUS$412.0bUS$31.2b15.4x24.1x1.8x
Sun, 10 Sep 2023US$780.4bUS$412.0bUS$31.2b16.1x25x1.9x
Price to Earnings Ratio

25x


Total Market Cap: US$780.4bTotal Earnings: US$31.2bTotal Revenue: US$412.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Chemicals Industry Price to Earnings3Y Average 52.9x202420252026
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 69.1x which is higher than its 3-year average PE of 52.8x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 28% per year over the last three years,
  • Revenues have also declined 4.0% 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 Market-0.92%
Materials-4.55%
Chemicals-0.55%
Fertilizers and Agricultural Chemicals5.25%
Diversified Chemicals1.53%
Commodity Chemicals1.00%
Industrial Gases0.043%
Specialty Chemicals-2.81%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 44.9x.
    • Analysts are expecting annual earnings growth of 18.7%, which is lower than the prior year's growth of 22.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 80% over the next 5 years.
  • In contrast, the Industrial Gases industry is expected to see its earnings grow by 18% 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
CTVA CortevaUS$87.735.6%
+US$3.1b		18.7%PE53.9x
CF CF Industries HoldingsUS$135.606.6%
+US$1.3b		55.1%PE9.8x
SOLS Solstice Advanced MaterialsUS$61.7311.1%
+US$983.3m		n/aPE46.7x
LYB LyondellBasell IndustriesUS$65.174.2%
+US$846.4m		16.7%PS0.7x
SQM Sociedad Química y Minera de ChileUS$80.511.6%
+US$371.3m		85.5%PE16.6x

Latest News

CF
US$135.60
CF Industries Holdings
7D
6.6%
1Y
55.1%
Seeking Alpha • 14h

CF Industries: Still Misunderstood, Still Undervalued

Summary CF Industries Holdings remains a Buy, with compelling valuation despite recent earnings misses and ongoing commodity volatility. CF advanced on the $4B Blue Point blue ammonia project, targeting 2029 start-up and significant long-term EBITDA and FCF uplift. CF’s North American gas advantage and strong balance sheet underpin resilience, enabling dividend hikes, buybacks, and strategic flexibility. The market undervalues CF’s structural earnings power, with intrinsic value estimated above current levels, supporting a positive risk-reward profile. Read the full article on Seeking Alpha
SQM
US$80.51
Sociedad Química y Minera de Chile
7D
1.6%
1Y
85.5%
CTVA
US$87.73
Corteva
7D
5.6%
1Y
18.7%
AXTA
US$35.08
Axalta Coating Systems
7D
-3.6%
1Y
13.1%
PPG
US$109.70
PPG Industries
7D
-3.5%
1Y
0.1%
ESI
US$34.36
Element Solutions
7D
-3.2%
1Y
35.1%
Seeking Alpha • Aug 29

Element Solutions: The Merger Was Noise, The Case Still Stands

Summary Element Solutions remains a Strong Buy as robust momentum and Micromax integration drive higher margins despite recent share price weakness. Q2 revenue surged 56% YoY, with Micromax contributing $128.6M and core organic growth at 35.8%, validating ESI's premium valuation. Adjusted EBITDA guidance was raised to $690–$710M for the year, reflecting strong demand from AI/data center trends and resilient recurring revenue. Working capital remains a drag due to elevated metal prices, but ESI's leverage and cash position are manageable post-acquisition, supporting the investment thesis. Read the full article on Seeking Alpha
SOLS
US$61.73
Solstice Advanced Materials
7D
11.1%
1Y
n/a
RPM
US$101.85
RPM International
7D
-4.6%
1Y
-17.1%
IFF
US$85.78
International Flavors & Fragrances
7D
-1.6%
1Y
28.9%
LYB
US$65.17
LyondellBasell Industries
7D
4.2%
1Y
16.7%
Narrative Update • Aug 26

LYB: Normalizing Chemical Spreads And Overearning Risk Will Pressure Future Returns

Analysts have lifted the fair value estimate for LyondellBasell Industries to $56 from $48, as recent price target increases and commentary highlight expectations for support from cost reductions, stronger Oxyfuels, and updated margin assumptions, despite some anticipated giveback of Q2 pricing benefits. Analyst Commentary Recent research on LyondellBasell Industries shows a wide range of views as analysts refresh their models after the latest results and commodity moves.
SHW
US$329.95
Sherwin-Williams
7D
-5.8%
1Y
-8.6%
Narrative Update • Aug 26

SHW: Pricing Power And Housing Cycles Will Shape Fairly Valued Outlook

Analysts have lifted the Sherwin-Williams fair value estimate by about $8 to roughly $348. This reflects updated assumptions that emphasize pricing power and market share gains, while slightly trimming long term margin and P/E expectations.
DOW
US$30.46
Dow
7D
1.0%
1Y
24.8%
Narrative Update • Aug 24

DOW: Macro Reset And Nuclear Power Projects Will Support Future Earnings Resilience

Dow's updated analyst price target now sits near $44.62, down from $48.00, as analysts factor in softer revenue growth expectations, a lower future P/E multiple, and mixed sector commentary on commodity chemicals and polyethylene pricing. Analyst Commentary Recent Street research on Dow shows a wide range of views, but several bullish analysts still see upside potential despite reduced price targets.
ECL
US$280.25
Ecolab
7D
-3.2%
1Y
2.0%
ALB
US$135.54
Albemarle
7D
1.8%
1Y
70.4%
NEU
US$903.12
NewMarket
7D
-3.0%
1Y
9.0%
APD
US$305.32
Air Products and Chemicals
7D
0.5%
1Y
4.5%