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

U.S. Chemicals Industry Analysis

UpdatedApr 07, 2026
DataAggregated Company Financials
Companies131
  • 7D0.3%
  • 3M11.5%
  • 1Y20.0%
  • YTD15.0%

In the last week, the Chemicals industry is flat overall, with LyondellBasell Industries standing out by going down 4.6%. The past year has been better, since the industry has gained 20% in that time. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Apr 2026US$838.7bUS$357.0bUS$7.3b29.1x114.4x2.3x
Thu, 05 Mar 2026US$826.2bUS$357.0bUS$7.3b23.5x112.4x2.3x
Sat, 31 Jan 2026US$788.8bUS$371.2bUS$9.5b23.6x83.1x2.1x
Mon, 29 Dec 2025US$727.2bUS$371.7bUS$11.0b23.9x66.1x2x
Wed, 26 Nov 2025US$708.8bUS$371.7bUS$11.0b22.7x64.5x1.9x
Fri, 24 Oct 2025US$747.3bUS$367.8bUS$15.6b26.4x48x2x
Sun, 21 Sep 2025US$779.9bUS$367.7bUS$15.5b26.8x50.2x2.1x
Tue, 19 Aug 2025US$788.5bUS$367.8bUS$15.7b24.6x50.3x2.1x
Thu, 17 Jul 2025US$783.5bUS$376.6bUS$18.0b22.7x43.6x2.1x
Sat, 14 Jun 2025US$786.2bUS$378.4bUS$18.1b21.7x43.4x2.1x
Mon, 12 May 2025US$754.7bUS$378.5bUS$17.2b21.4x43.9x2x
Wed, 09 Apr 2025US$695.6bUS$380.8bUS$23.0b16.5x30.3x1.8x
Fri, 07 Mar 2025US$809.6bUS$379.3bUS$22.8b22.1x35.5x2.1x
Sun, 02 Feb 2025US$825.9bUS$382.1bUS$23.3b23.5x35.5x2.2x
Tue, 31 Dec 2024US$787.8bUS$384.3bUS$23.4b20.4x33.6x2x
Thu, 28 Nov 2024US$866.0bUS$384.3bUS$23.5b22.7x36.9x2.3x
Sat, 26 Oct 2024US$883.6bUS$388.9bUS$24.1b25.9x36.6x2.3x
Mon, 23 Sep 2024US$866.7bUS$383.8bUS$23.4b25.3x37x2.3x
Wed, 21 Aug 2024US$844.1bUS$384.5bUS$23.8b25.2x35.4x2.2x
Fri, 19 Jul 2024US$839.5bUS$379.9bUS$23.4b27.8x35.8x2.2x
Sun, 16 Jun 2024US$807.5bUS$377.3bUS$23.4b25.9x34.5x2.1x
Tue, 14 May 2024US$830.1bUS$377.4bUS$23.5b22.7x35.3x2.2x
Thu, 11 Apr 2024US$845.9bUS$384.6bUS$25.6b21.8x33x2.2x
Sat, 09 Mar 2024US$831.2bUS$384.6bUS$25.4b20.8x32.8x2.2x
Mon, 05 Feb 2024US$788.7bUS$396.7bUS$30.8b21.1x25.6x2x
Wed, 03 Jan 2024US$809.5bUS$397.9bUS$31.5b21.7x25.7x2x
Fri, 01 Dec 2023US$764.6bUS$398.8bUS$31.6b19.1x24.2x1.9x
Sun, 29 Oct 2023US$709.5bUS$404.8bUS$30.7b15.2x23.1x1.8x
Tue, 26 Sep 2023US$755.1bUS$412.0bUS$31.2b14.7x24.2x1.8x
Thu, 24 Aug 2023US$773.2bUS$412.0bUS$31.2b15.2x24.8x1.9x
Sat, 22 Jul 2023US$829.6bUS$444.5bUS$39.1b14x21.2x1.9x
Mon, 19 Jun 2023US$801.5bUS$444.6bUS$39.1b12.9x20.5x1.8x
Wed, 17 May 2023US$766.5bUS$444.5bUS$39.3b12.4x19.5x1.7x
Fri, 14 Apr 2023US$810.2bUS$452.1bUS$42.6b13x19x1.8x
Price to Earnings Ratio

19x


Total Market Cap: US$810.2bTotal Earnings: US$42.6bTotal Revenue: US$452.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Chemicals Industry Price to Earnings3Y Average 45x202420252026
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 114x which is higher than its 3-year average PE of 45.0x.
  • 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 44% per year over the last three years,
  • Revenues have also declined 7.6% 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 Market4.40%
Materials4.26%
Chemicals0.29%
Specialty Chemicals0.93%
Fertilizers and Agricultural Chemicals0.39%
Industrial Gases0.22%
Diversified Chemicals-1.81%
Commodity Chemicals-1.97%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 21.3x.
    • Analysts are expecting annual earnings growth of 14.1%, which is lower than the prior year's growth of 40.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 64% over the next 5 years.
  • In contrast, the Industrial Gases industry is expected to see its earnings grow by 14% 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
ECL EcolabUS$267.031.7%
+US$1.3b		15.9%PE36.3x
SOLS Solstice Advanced MaterialsUS$78.037.8%
+US$893.7m		n/aPE52.3x
CTVA CortevaUS$84.251.6%
+US$872.8m		51.6%PE47.4x
APD Air Products and ChemicalsUS$294.120.9%
+US$570.0m		13.5%PS5.4x
DD DuPont de NemoursUS$45.573.1%
+US$552.0m		-21.1%PE326.9x

Latest News

ALB
US$173.03
Albemarle
7D
-2.4%
1Y
197.8%
SOLS
US$78.03
Solstice Advanced Materials
7D
7.8%
1Y
n/a
LYB
US$78.62
LyondellBasell Industries
7D
-4.6%
1Y
38.9%
DOW
US$40.56
Dow
7D
-3.1%
1Y
47.4%

DOW: Tighter Polyethylene Supply And Share Buybacks Will Support Higher Future Multiple

Analysts have lifted the fair value estimate for Dow to $48.00 from $38.39 as higher price targets cluster around expectations for tighter polyethylene supply, stronger near term margins, and a higher future P/E profile. Analyst Commentary Recent research on Dow reflects a clear turn toward more constructive views, with multiple upgrades and higher price targets clustered around expectations for tighter polyethylene supply, firmer margins, and a richer P/E profile.
RPM
US$97.26
RPM International
7D
-0.8%
1Y
-8.8%
WLK
US$119.53
Westlake
7D
3.0%
1Y
38.6%
CF
US$130.98
CF Industries Holdings
7D
-4.8%
1Y
81.8%
SQM
US$80.45
Sociedad Química y Minera de Chile
7D
-0.6%
1Y
131.6%

SQM: Lithium Rebound Will Likely Outpace Future Earnings And Execution Delivery

Analysts have raised the consolidated price target on Sociedad Química y Minera de Chile by several dollars per share, citing a broad series of recent target hikes from major banks that reflect a more constructive lithium sector view and renewed investor interest ahead of 2026. Analyst Commentary Recent research points to a split view on Sociedad Química y Minera de Chile, with several large banks lifting price targets and ratings, while more cautious voices question how much upside is left after the lithium rebound.
AVNT
US$34.72
Avient
7D
-2.3%
1Y
16.3%
DD
US$45.57
DuPont de Nemours
7D
3.1%
1Y
-21.1%
MOS
US$26.51
Mosaic
7D
6.0%
1Y
12.5%

MOS: Margin Reset And Sector Tailwinds Will Support Future Repricing

Analysts have adjusted Mosaic's fair value estimate to $40.00 from $38.20, citing shifts in fertilizer pricing expectations, updated views on revenue growth and margins, and a higher discount rate that reflects recent sector downgrades along with select price target increases. Analyst Commentary Recent Street research paints a mixed picture for Mosaic, with several downgrades on margin and earnings concerns alongside a cluster of more constructive views that focus on reset expectations, improved cash generation, and higher valuation benchmarks for fertilizer names.
APD
US$294.12
Air Products and Chemicals
7D
0.9%
1Y
13.5%

APD: Easing Helium Pressures And Chemical Pricing Will Support Measured Turnaround

Narrative Update on Air Products and Chemicals The analyst price target for Air Products and Chemicals has been adjusted slightly higher to $306.62, with analysts pointing to a modestly lower discount rate, slightly stronger revenue growth assumptions, and research highlighting easing helium market pressures and potential pricing support across several chemical chains. Analyst Commentary Recent research points to a generally constructive tone around Air Products and Chemicals, with several firms adjusting ratings and price targets while still highlighting execution risks and project mix concerns.
FUL
US$57.96
H.B. Fuller
7D
-2.5%
1Y
13.4%

FUL: Higher Long Term Assumptions Will Support Upside Despite Mixed Guidance

Analysts trimmed the average H.B. Fuller price target by about $1 to $70.71, reflecting a mix of recent upward and downward revisions as they reassessed assumptions on growth, profitability, and valuation multiples. Analyst Commentary Recent research on H.B. Fuller features a mix of higher and lower price targets.
CTVA
US$84.25
Corteva
7D
1.6%
1Y
51.6%

CTVA: Crop Protection Uncertainty And SpinCo Separation Will Shape Future Risk Balance

The analyst price target for Corteva has been nudged higher, with a modest fair value uplift to $83.95 as analysts balance a series of recent target increases from multiple firms against more cautious views tied to softer crop protection trends. Analyst Commentary Recent research on Corteva reflects a split view, with several firms lifting price targets while others turn more cautious on near term fundamentals, especially in crop protection.
ECL
US$267.03
Ecolab
7D
1.7%
1Y
15.9%

ECL: Structural Pricing Power Will Support Execution On CoolIT Data Center Deal

Ecolab's updated analyst price target edges down from $321.86 to $320.43 as analysts factor in higher revenue growth assumptions, slightly lower projected profit margins, and a modestly reduced future P/E multiple, following a mix of recent target increases, target cuts, and rating changes across the Street. Analyst Commentary Recent Street research on Ecolab shows a mix of optimism and caution, with several firms adjusting ratings and targets around pricing power, deal valuation, and execution.
PRM
US$24.89
Perimeter Solutions
7D
17.0%
1Y
162.6%