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U.S. Chemicals Industry Analysis

UpdatedAug 03, 2026
DataAggregated Company Financials
Companies124
  • 7D-1.9%
  • 3M-4.6%
  • 1Y7.2%
  • YTD10.7%

Over the last 7 days, the Chemicals industry has dropped 2.0%, driven by a pullback from Linde of 6.6%. In contrast, Sherwin-Williams has gained 7.4%. In the past year, the industry has gained 6.3%. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 03 Aug 2026US$781.9bUS$360.5bUS$12.2b24.8x64.1x2.2x
Wed, 01 Jul 2026US$820.3bUS$360.6bUS$11.7b25.3x70.4x2.3x
Fri, 29 May 2026US$833.0bUS$360.7bUS$11.6b26.8x71.6x2.3x
Sun, 26 Apr 2026US$851.2bUS$356.5bUS$7.0b29.6x121.1x2.4x
Tue, 24 Mar 2026US$787.1bUS$357.0bUS$7.5b26.4x105.2x2.2x
Thu, 19 Feb 2026US$838.0bUS$365.6bUS$8.1b23.9x104.1x2.3x
Sat, 17 Jan 2026US$779.8bUS$372.0bUS$11.0b23.2x70.8x2.1x
Mon, 15 Dec 2025US$719.0bUS$371.7bUS$11.0b24x65.5x1.9x
Wed, 12 Nov 2025US$710.6bUS$371.6bUS$11.0b23.3x64.8x1.9x
Fri, 10 Oct 2025US$761.6bUS$367.8bUS$15.6b25.7x49x2.1x
Sun, 07 Sep 2025US$788.9bUS$367.6bUS$15.5b26.9x50.8x2.1x
Tue, 05 Aug 2025US$756.0bUS$374.7bUS$15.1b24.1x50x2x
Thu, 03 Jul 2025US$795.6bUS$376.6bUS$17.9b23.7x44.4x2.1x
Sat, 31 May 2025US$770.5bUS$378.4bUS$18.1b22x42.7x2x
Mon, 28 Apr 2025US$737.0bUS$379.8bUS$21.7b19.2x34x1.9x
Wed, 26 Mar 2025US$786.9bUS$380.9bUS$23.0b20.5x34.1x2.1x
Fri, 21 Feb 2025US$825.9bUS$380.9bUS$22.9b22.2x36x2.2x
Sun, 19 Jan 2025US$817.6bUS$384.4bUS$23.4b23.2x34.9x2.1x
Tue, 17 Dec 2024US$825.9bUS$384.3bUS$23.4b22x35.2x2.1x
Thu, 14 Nov 2024US$849.1bUS$385.0bUS$23.7b23.9x35.8x2.2x
Sat, 12 Oct 2024US$890.6bUS$388.7bUS$24.2b26.6x36.8x2.3x
Mon, 09 Sep 2024US$832.8bUS$383.8bUS$23.4b25.4x35.5x2.2x
Wed, 07 Aug 2024US$811.8bUS$385.3bUS$24.2b24.9x33.5x2.1x
Fri, 05 Jul 2024US$798.3bUS$379.9bUS$23.4b25.3x34.1x2.1x
Sun, 02 Jun 2024US$827.0bUS$377.3bUS$23.4b25.9x35.3x2.2x
Tue, 30 Apr 2024US$806.2bUS$382.7bUS$26.3b21.3x30.6x2.1x
Thu, 28 Mar 2024US$854.7bUS$384.6bUS$25.4b22.1x33.7x2.2x
Sat, 24 Feb 2024US$811.5bUS$384.6bUS$25.5b19.6x31.8x2.1x
Mon, 22 Jan 2024US$783.8bUS$398.9bUS$31.7b20x24.7x2x
Wed, 20 Dec 2023US$808.4bUS$398.4bUS$31.6b22.1x25.6x2x
Fri, 17 Nov 2023US$762.4bUS$398.9bUS$31.7b18x24x1.9x
Sun, 15 Oct 2023US$739.1bUS$412.0bUS$31.2b15.6x23.7x1.8x
Tue, 12 Sep 2023US$783.3bUS$411.9bUS$31.2b15.4x25.1x1.9x
Thu, 10 Aug 2023US$790.6bUS$411.9bUS$30.8b15.9x25.7x1.9x
Price to Earnings Ratio

25.7x


Total Market Cap: US$790.6bTotal Earnings: US$30.8bTotal Revenue: US$411.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Chemicals Industry Price to Earnings3Y Average 51.6x202420252026
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 64.9x which is higher than its 3-year average PE of 51.6x.
  • 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 26% per year over the last three years,
  • Revenues have also declined 3.7% 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 Market0.85%
Materials-1.62%
Chemicals-1.87%
Commodity Chemicals2.04%
Specialty Chemicals1.24%
Industrial Gases-5.02%
Fertilizers and Agricultural Chemicals-5.58%
Diversified Chemicals-20.19%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 31.7x.
    • Analysts are expecting annual earnings growth of 16.3%, which is higher than its past year's earnings decline of 26.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 40% 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
SHW Sherwin-WilliamsUS$340.857.4%
+US$4.4b		-0.7%PE30.6x
ECL EcolabUS$277.633.3%
+US$2.5b		6.4%PE36.9x
IFF International Flavors & FragrancesUS$79.224.3%
+US$837.4m		14.0%PE24.5x
AXTA Axalta Coating SystemsUS$35.819.3%
+US$652.8m		28.7%PE22x
NEU NewMarketUS$850.169.1%
+US$650.1m		21.5%PE18.1x

Latest News

LIN
US$478.38
Linde
7D
-5.6%
1Y
2.3%
OLN
US$18.51
Olin
7D
-20.2%
1Y
1.5%
LYB
US$62.08
LyondellBasell Industries
7D
2.9%
1Y
16.2%
SHW
US$340.85
Sherwin-Williams
7D
7.4%
1Y
-0.7%
APD
US$294.89
Air Products and Chemicals
7D
-1.0%
1Y
4.7%
PRM
US$30.61
Perimeter Solutions
7D
-9.2%
1Y
95.7%
NEU
US$850.16
NewMarket
7D
9.1%
1Y
21.5%
IFF
US$79.22
International Flavors & Fragrances
7D
4.3%
1Y
14.0%
HUN
US$9.76
Huntsman
7D
-23.8%
1Y
6.0%
CTVA
US$78.71
Corteva
7D
-11.8%
1Y
10.6%
ECL
US$277.63
Ecolab
7D
3.3%
1Y
6.4%
Narrative Update • Jul 30

ECL: High Tech And AI Data Center Demand Will Drive Future Upside

Ecolab’s updated analyst price target edges higher to about $324 from about $317. This reflects analyst views that rising organic sales, stronger contributions from high tech and bio processing, and ongoing pricing and digital initiatives support slightly higher expected growth and margin assumptions, despite a modestly higher discount rate and a lower future P/E multiple.
ALB
US$117.64
Albemarle
7D
2.4%
1Y
73.3%
Narrative Update • Jul 30

ALB: Future Returns Will Rely On Tightening Lithium Supply And Cesium Offtake

Albemarle’s updated analyst price target framework points to a lower fair value estimate of $187.16 from $212.74. Analysts factor in a slightly higher discount rate, a revised revenue growth outlook of 7.91% with a 34.27% profit margin, and a future P/E assumption of 11.57 times that reflects recent cuts to Street targets despite generally supportive views on long term lithium demand.
PPG
US$110.52
PPG Industries
7D
-4.7%
1Y
5.8%
AXTA
US$35.81
Axalta Coating Systems
7D
9.3%
1Y
28.7%
DOW
US$30.29
Dow
7D
1.5%
1Y
39.0%
Narrative Update • Jul 27

DOW: Cost Savings And Supply Tightness Will Shape Future Upside Potential

For Dow, the analyst price target has been revised lower to about $35.69 from $42.63, with analysts pointing to assumptions of softer revenue growth, a lower future P/E multiple, and sector wide price target cuts tied to normalizing chemical prices and more cautious outlooks across basic chemicals. Analyst Commentary Recent research on Dow highlights a clear split between bullish analysts who still see upside potential and bearish analysts who are more cautious on chemicals exposure, pricing power, and capital commitments.
SQM
US$67.06
Sociedad Química y Minera de Chile
7D
-2.4%
1Y
87.3%