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U.S. Chemicals Industry Analysis

UpdatedAug 24, 2026
DataAggregated Company Financials
Companies122
  • 7D1.8%
  • 3M0.3%
  • 1Y5.2%
  • YTD14.9%

Over the last 7 days, the Chemicals industry has remained flat, although notably Corteva gained 6.7%. The past year has been better, since the industry has gained 4.6% in that time. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 24 Aug 2026US$811.1bUS$364.0bUS$11.7b24.1x69.3x2.2x
Wed, 22 Jul 2026US$815.8bUS$360.7bUS$11.9b26x68.5x2.3x
Fri, 19 Jun 2026US$828.2bUS$360.7bUS$11.6b26.5x71.2x2.3x
Sun, 17 May 2026US$828.6bUS$360.0bUS$11.4b26.1x72.5x2.3x
Tue, 14 Apr 2026US$849.0bUS$357.2bUS$7.3b29.8x117x2.4x
Thu, 12 Mar 2026US$802.5bUS$357.1bUS$7.4b28.8x108.1x2.2x
Sat, 07 Feb 2026US$804.4bUS$371.5bUS$7.3b25.4x110.8x2.2x
Mon, 05 Jan 2026US$730.0bUS$371.7bUS$11.0b23.7x66.3x2x
Wed, 03 Dec 2025US$720.4bUS$371.7bUS$11.0b22.8x65.6x1.9x
Fri, 31 Oct 2025US$737.8bUS$370.8bUS$15.3b25.3x48.3x2x
Sun, 28 Sep 2025US$764.6bUS$367.7bUS$15.5b25.9x49.2x2.1x
Tue, 26 Aug 2025US$802.4bUS$367.6bUS$15.5b27.1x51.6x2.2x
Thu, 24 Jul 2025US$803.1bUS$376.6bUS$17.8b24x45.1x2.1x
Sat, 21 Jun 2025US$763.8bUS$378.4bUS$18.1b21.4x42.1x2x
Mon, 19 May 2025US$775.3bUS$378.5bUS$17.2b23.2x45.2x2x
Wed, 16 Apr 2025US$729.4bUS$380.8bUS$23.0b17.7x31.7x1.9x
Fri, 14 Mar 2025US$779.8bUS$379.3bUS$22.8b21x34.1x2.1x
Sun, 09 Feb 2025US$812.6bUS$382.4bUS$22.7b21x35.9x2.1x
Tue, 07 Jan 2025US$771.8bUS$384.3bUS$23.4b19.9x32.9x2x
Thu, 05 Dec 2024US$866.2bUS$384.3bUS$23.4b23x37x2.3x
Sat, 02 Nov 2024US$855.7bUS$386.7bUS$24.5b24.4x34.9x2.2x
Mon, 30 Sep 2024US$895.1bUS$383.8bUS$23.4b26x38.2x2.3x
Wed, 28 Aug 2024US$860.4bUS$383.8bUS$23.4b25.4x36.7x2.2x
Fri, 26 Jul 2024US$821.8bUS$379.9bUS$23.6b27.4x34.9x2.2x
Sun, 23 Jun 2024US$811.5bUS$377.3bUS$23.4b25.8x34.6x2.2x
Tue, 21 May 2024US$832.8bUS$377.3bUS$23.4b26.2x35.5x2.2x
Thu, 18 Apr 2024US$803.2bUS$384.6bUS$25.6b20.6x31.4x2.1x
Sat, 16 Mar 2024US$838.5bUS$384.6bUS$25.4b20x33x2.2x
Mon, 12 Feb 2024US$776.7bUS$388.6bUS$31.5b20.3x24.7x2x
Wed, 10 Jan 2024US$163.6tUS$398.8bUS$31.9b20.5x5128.7x410.2x
Fri, 08 Dec 2023US$762.9bUS$398.4bUS$31.6b20x24.1x1.9x
Sun, 05 Nov 2023US$744.7bUS$401.7bUS$29.4b16.2x25.3x1.9x
Tue, 03 Oct 2023US$750.7bUS$411.9bUS$31.2b15.8x24.1x1.8x
Thu, 31 Aug 2023US$794.0bUS$412.0bUS$31.2b16.4x25.4x1.9x
Price to Earnings Ratio

25.4x


Total Market Cap: US$794.0bTotal Earnings: US$31.2bTotal Revenue: US$412.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Chemicals Industry Price to Earnings3Y Average 52.5x202420252026
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 69.3x which is higher than its 3-year average PE of 52.4x.
  • 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-1.19%
Materials4.41%
Chemicals1.75%
Fertilizers and Agricultural Chemicals8.50%
Industrial Gases2.47%
Commodity Chemicals1.66%
Diversified Chemicals0.17%
Specialty Chemicals-0.43%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 39.4x.
    • 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$81.796.7%
+US$3.4b		11.5%PE50.3x
LIN LindeUS$487.571.0%
+US$2.2b		1.2%PE31x
SQM Sociedad Química y Minera de ChileUS$81.9610.3%
+US$2.2b		76.8%PE16.9x
CF CF Industries HoldingsUS$129.609.6%
+US$1.7b		49.8%PE9.3x
ECL EcolabUS$281.632.0%
+US$1.5b		-0.7%PE37.3x

Latest News

ECL
US$281.63
Ecolab
7D
2.0%
1Y
-0.7%
MOS
US$24.41
Mosaic
7D
15.0%
1Y
-26.3%
SQM
US$81.96
Sociedad Química y Minera de Chile
7D
9.1%
1Y
75.7%
Analysis Article • Aug 22

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Exceeded Expectations And The Analyst Consensus Has Been Reviewing Its Models

Sociedad Química y Minera de Chile S.A. ( NYSE:SQM ) just released its second-quarter report and things are looking...
SOLS
US$56.16
Solstice Advanced Materials
7D
-10.2%
1Y
n/a
ESI
US$35.31
Element Solutions
7D
-10.0%
1Y
37.6%
PRM
US$31.44
Perimeter Solutions
7D
-3.5%
1Y
48.2%
SHW
US$346.59
Sherwin-Williams
7D
-3.5%
1Y
-7.1%
HWKN
US$118.99
Hawkins
7D
-9.6%
1Y
-30.1%
LYB
US$67.53
LyondellBasell Industries
7D
4.3%
1Y
18.4%
NGVT
US$70.27
Ingevity
7D
-7.3%
1Y
23.6%
FUL
US$58.70
H.B. Fuller
7D
-7.7%
1Y
-3.9%
APD
US$305.10
Air Products and Chemicals
7D
1.4%
1Y
3.7%
RPM
US$108.63
RPM International
7D
-4.6%
1Y
-14.8%
CF
US$129.60
CF Industries Holdings
7D
10.0%
1Y
50.4%
CTVA
US$81.79
Corteva
7D
7.6%
1Y
11.1%
Narrative Update • Aug 04

CTVA: Upcoming Seed Spinoff And Crop Protection Pipeline Will Reshape Earnings Mix

Analysts lifted their price target for Corteva to $92.40 from $90.05, pointing to updated expectations around the Vylor seed spinoff, the crop protection and fertilizer backdrop, and the revised P/E and profitability assumptions cited in recent research. Analyst Commentary Recent research on Corteva centers on how the Vylor seed spinoff, crop protection trends, and fertilizer market conditions may affect valuation, growth prospects, and execution risk.
LIN
US$487.57
Linde
7D
2.8%
1Y
2.0%
Seeking Alpha • Aug 03

Linde: My 'Not Cheap' Thesis Has Been True Since 2023

Summary Linde plc remains a 'Hold' due to excessive valuation, despite its world-class fundamentals and robust profitability. LIN trades at a 27x-30x P/E, requiring unrealistic growth or sector re-rating to justify current levels and deliver meaningful upside. Recent results show strong margins, cash generation, and backlog, but capital allocation—especially buybacks at high multiples—raises concerns. My fair value is $340/share, with a 15% annualized hurdle; current risk/reward is unattractive until a significant valuation correction. Read the full article on Seeking Alpha