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

U.S. Chemicals Industry Analysis

UpdatedJul 01, 2026
DataAggregated Company Financials
Companies127
  • 7D1.7%
  • 3M-0.3%
  • 1Y4.4%
  • YTD14.9%

The Chemicals industry is up 1.7% in the last week, with Sherwin-Williams up 6.6%. Meanwhile, Dow actually underperformed within the industry, shrinking 9.8% in the last week. In the last 12 months, the industry was up 4.4%. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Jul 2026US$820.3bUS$360.6bUS$11.7b25.3x70.4x2.3x
Sat, 30 May 2026US$829.9bUS$360.7bUS$11.6b26.4x71.4x2.3x
Mon, 27 Apr 2026US$851.2bUS$356.5bUS$7.0b29.6x121.1x2.4x
Wed, 25 Mar 2026US$793.2bUS$357.0bUS$7.5b26.8x106x2.2x
Fri, 20 Feb 2026US$842.1bUS$366.0bUS$7.9b28.7x106.4x2.3x
Sun, 18 Jan 2026US$775.5bUS$372.0bUS$11.0b23.2x70.4x2.1x
Tue, 16 Dec 2025US$719.0bUS$371.7bUS$11.0b24.1x65.5x1.9x
Thu, 13 Nov 2025US$717.2bUS$371.6bUS$11.0b23.5x65.4x1.9x
Sat, 11 Oct 2025US$746.9bUS$367.8bUS$15.6b24.4x48x2x
Mon, 08 Sep 2025US$791.4bUS$367.6bUS$15.5b26.9x50.9x2.2x
Wed, 06 Aug 2025US$765.5bUS$373.1bUS$15.1b23.9x50.8x2.1x
Fri, 04 Jul 2025US$805.6bUS$376.6bUS$17.9b23.8x44.9x2.1x
Sun, 01 Jun 2025US$771.9bUS$378.4bUS$18.1b22x42.8x2x
Tue, 29 Apr 2025US$737.1bUS$379.8bUS$21.7b19.1x34x1.9x
Thu, 27 Mar 2025US$780.7bUS$380.9bUS$23.0b20.4x33.9x2x
Sat, 22 Feb 2025US$813.7bUS$380.9bUS$22.9b21.4x35.5x2.1x
Mon, 20 Jan 2025US$817.6bUS$384.4bUS$23.4b23.2x34.9x2.1x
Wed, 18 Dec 2024US$816.4bUS$384.3bUS$23.4b21.5x34.8x2.1x
Fri, 15 Nov 2024US$853.5bUS$385.1bUS$24.0b23.6x35.6x2.2x
Sun, 13 Oct 2024US$894.9bUS$388.7bUS$24.2b26.6x37x2.3x
Tue, 10 Sep 2024US$841.5bUS$383.8bUS$23.4b25.4x35.9x2.2x
Thu, 08 Aug 2024US$820.5bUS$384.5bUS$23.9b24.6x34.4x2.1x
Sat, 06 Jul 2024US$798.3bUS$379.9bUS$23.4b25.1x34.1x2.1x
Mon, 03 Jun 2024US$826.9bUS$377.3bUS$23.4b25.9x35.3x2.2x
Wed, 01 May 2024US$802.4bUS$382.3bUS$26.4b21.3x30.4x2.1x
Fri, 29 Mar 2024US$854.7bUS$384.6bUS$25.5b22x33.6x2.2x
Sun, 25 Feb 2024US$811.5bUS$384.6bUS$25.5b19.6x31.8x2.1x
Tue, 23 Jan 2024US$790.9bUS$398.9bUS$31.7b20.4x24.9x2x
Thu, 21 Dec 2023US$808.4bUS$398.4bUS$31.6b21.6x25.6x2x
Sat, 18 Nov 2023US$762.2bUS$398.9bUS$31.7b18.4x24x1.9x
Mon, 16 Oct 2023US$739.1bUS$412.0bUS$31.2b15.6x23.7x1.8x
Wed, 13 Sep 2023US$783.3bUS$412.0bUS$31.2b15.4x25.1x1.9x
Fri, 11 Aug 2023US$790.9bUS$412.0bUS$31.2b15.5x25.3x1.9x
Sun, 09 Jul 2023US$803.3bUS$444.3bUS$39.1b14.5x20.6x1.8x
Price to Earnings Ratio

20.6x


Total Market Cap: US$803.3bTotal Earnings: US$39.1bTotal Revenue: US$444.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Chemicals Industry Price to Earnings3Y Average 50.2x202420252026
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 70.4x which is higher than its 3-year average PE of 50.2x.
  • 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 Market1.92%
Materials-0.53%
Chemicals1.66%
Fertilizers and Agricultural Chemicals5.53%
Specialty Chemicals2.33%
Industrial Gases1.80%
Diversified Chemicals-5.43%
Commodity Chemicals-6.89%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 28.3x.
    • Analysts are expecting annual earnings growth of 15.2%, 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 decline by 6.9% 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
SHW Sherwin-WilliamsUS$344.326.6%
+US$5.3b		-3.1%PE32.5x
CTVA CortevaUS$84.697.1%
+US$3.7b		12.8%PE45.2x
LIN LindeUS$518.941.3%
+US$3.1b		8.8%PE33.9x
ECL EcolabUS$278.613.7%
+US$2.8b		2.2%PE37.2x
APD Air Products and ChemicalsUS$293.183.8%
+US$2.4b		2.7%PE30.9x

Latest News

SHW
US$344.32
Sherwin-Williams
7D
6.6%
1Y
-3.1%
APD
US$293.18
Air Products and Chemicals
7D
3.8%
1Y
2.7%
LIN
US$518.94
Linde
7D
1.3%
1Y
8.8%
CTVA
US$84.69
Corteva
7D
7.1%
1Y
12.8%
DOW
US$27.36
Dow
7D
-9.8%
1Y
-1.7%
Seeking Alpha • 18h

Dow: Equipped To Survive The Downcycle

Summary Dow Inc. is upgraded to Buy as geopolitical supply shocks and a major legal windfall have de-risked its balance sheet and dividend. DOW benefits from North American ethane-based production as global oil-linked costs rise, widening integrated margins and driving record polyethylene sales growth. Cost-cutting initiatives, including $1B in annual savings and European asset rationalization, are ahead of schedule, structurally lowering DOW's breakeven and enhancing future operating leverage. Valuation is attractive: DOW trades at low multiples on depressed EBITDA, with normalization and cost savings potentially compressing EV/EBITDA to 5–6x versus historical 7–8x. Read the full article on Seeking Alpha
IFF
US$79.22
International Flavors & Fragrances
7D
6.0%
1Y
5.5%
PPG
US$121.29
PPG Industries
7D
3.1%
1Y
4.2%
FUL
US$58.29
H.B. Fuller
7D
-7.7%
1Y
-5.9%
Narrative Update • Jun 30

FUL: Medical Deal And Earnings Execution Will Drive Future Upside Potential

H.B. Fuller’s analyst price target has shifted from $70.43 to $73.29. Analysts point to updated assumptions around revenue growth, profit margins, valuation multiples and recent research moves that include several price target increases and an upgraded rating.
ECL
US$278.61
Ecolab
7D
3.7%
1Y
2.2%
WLK
US$73.00
Westlake
7D
-4.6%
1Y
-9.3%
LYB
US$52.65
LyondellBasell Industries
7D
-8.6%
1Y
-14.0%
DD
US$135.64
DuPont de Nemours
7D
-3.1%
1Y
-36.7%
Narrative Update • Jun 27

DD: Reverse Stock Split And 2026 Guidance Will Support Further Upside

Analysts have lifted their DuPont de Nemours fair value estimate from about $57.07 to roughly $172.07, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E that modestly adjust their valuation framework. What’s in the News for DuPont de Nemours DuPont de Nemours is executing a 1 for 3 reverse stock split of its common stock effective June 24, 2026, as highlighted in recent coverage on upcoming reverse splits for DuPont and Honeywell (source: What Honeywell’s and DuPont’s Coming Reverse Stock Splits Mean for Investors).
ALB
US$135.03
Albemarle
7D
-10.0%
1Y
114.7%
Seeking Alpha • Jun 24

Albemarle: Why $20 Lithium Changes Everything

Summary Albemarle Corporation is rated Buy with a 12-month price target of $205, reflecting strong earnings leverage to recovering lithium prices. Q1 results demonstrate robust financial improvement: net sales up 33% YoY, adjusted EBITDA up 148%, and FCF at $248 million, driven by higher lithium prices and volumes. Grid-scale energy storage is emerging as a major lithium demand driver, with battery order books full through 2027 and demand growth trending above guidance. ALB's healthy balance sheet—$2.7B liquidity, 1x net debt/EBITDA, no major maturities until 2028—supports profitable growth and cushions against commodity price volatility. Read the full article on Seeking Alpha
CF
US$108.26
CF Industries Holdings
7D
6.0%
1Y
17.1%
Narrative Update • Jun 23

CF: Higher Nitrogen Prices And Buybacks Will Drive Future Upside

The updated fair value estimate for CF Industries Holdings edges down by about $1.50 to roughly $126 per share, even as analysts cite higher nitrogen prices, potential benefits from supply dislocations, and an active buyback program in their recent price target revisions. Analyst Commentary Recent Street research on CF Industries Holdings shows a mix of optimism and caution, with several firms lifting price targets while keeping a range of ratings from Underperform to Buy.
SQM
US$74.04
Sociedad Química y Minera de Chile
7D
-3.2%
1Y
110.3%
Narrative Update • Jun 22

SQM: Lithium Volume Expansion And Rebound Pricing Will Support 2026 Earnings

Analysts have raised the fair value estimate for Sociedad Química y Minera de Chile to $110 from $106, reflecting updated views on revenue growth, profit margins, and lithium pricing that are in line with recent price target increases across the Street, even where ratings remain cautious. Analyst Commentary Recent research on Sociedad Química y Minera de Chile points to a mixed but generally constructive tone, with several bullish analysts lifting price targets following the company’s Q1 results and updated guidance.
HWKN
US$142.10
Hawkins
7D
-13.0%
1Y
-1.4%
Analysis Article • Jun 20

Hawkins (HWKN) Stock Looks Expensive Despite Analyst Support And Strong Growth

Hawkins (HWKN) is back on investor radar after a recent uptick in institutional ownership, fresh buy-side analyst support, solid year over year growth in revenue and net profit, and broadly constructive technical signals. See our latest analysis for Hawkins. Against that backdrop, Hawkins’ 1 month share price return of 5.8% and 90 day gain of 22.1% suggest building momentum. The 1 year total shareholder return of 18.2% sits within a much stronger 5 year total shareholder return of over 4x. If...