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U.S. Chemicals Industry Analysis
UpdatedSep 07, 2024
DataAggregated Company Financials
Companies127
- 7D-4.7%
- 3M0.2%
- 1Y5.8%
- YTD1.8%
Over the last 7 days, the Chemicals industry has dropped 4.7%, driven by a pullback from Linde of 4.5%. Meanwhile, American Vanguard actually outperformed within the industry, gaining 9.1% in the last week. Over the past 12 months, the industry was up 5.8%. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the U.S. Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Sep 2024 | US$832.8b | US$383.8b | US$23.4b | 25.4x | 35.5x | 2.2x |
| Tue, 06 Aug 2024 | US$831.8b | US$385.3b | US$24.2b | 24.6x | 34.4x | 2.2x |
| Thu, 04 Jul 2024 | US$797.9b | US$379.9b | US$23.4b | 25.3x | 34.1x | 2.1x |
| Sat, 01 Jun 2024 | US$820.0b | US$377.3b | US$23.4b | 25.9x | 35x | 2.2x |
| Mon, 29 Apr 2024 | US$806.2b | US$382.7b | US$26.3b | 21.3x | 30.6x | 2.1x |
| Wed, 27 Mar 2024 | US$842.7b | US$384.6b | US$25.4b | 20.8x | 33.2x | 2.2x |
| Fri, 23 Feb 2024 | US$796.2b | US$384.7b | US$25.5b | 22.1x | 31.2x | 2.1x |
| Sun, 21 Jan 2024 | US$784.3b | US$398.9b | US$31.7b | 20x | 24.7x | 2x |
| Tue, 19 Dec 2023 | US$800.2b | US$398.4b | US$31.6b | 21.3x | 25.3x | 2x |
| Thu, 16 Nov 2023 | US$756.6b | US$399.0b | US$31.7b | 17.5x | 23.9x | 1.9x |
| Sat, 14 Oct 2023 | US$739.1b | US$412.0b | US$31.2b | 15.6x | 23.7x | 1.8x |
| Mon, 11 Sep 2023 | US$780.4b | US$412.0b | US$31.2b | 16.1x | 25x | 1.9x |
| Wed, 09 Aug 2023 | US$794.0b | US$411.9b | US$30.9b | 15.2x | 25.7x | 1.9x |
| Fri, 07 Jul 2023 | US$794.3b | US$444.3b | US$39.1b | 13.8x | 20.3x | 1.8x |
| Sun, 04 Jun 2023 | US$777.6b | US$444.6b | US$39.1b | 13.3x | 19.9x | 1.7x |
| Tue, 02 May 2023 | US$800.3b | US$444.9b | US$40.5b | 13.7x | 19.8x | 1.8x |
| Thu, 30 Mar 2023 | US$786.9b | US$452.1b | US$42.6b | 12.5x | 18.5x | 1.7x |
| Sat, 25 Feb 2023 | US$814.4b | US$450.4b | US$40.0b | 12.9x | 20.3x | 1.8x |
| Mon, 23 Jan 2023 | US$820.1b | US$461.0b | US$43.3b | 15x | 18.9x | 1.8x |
| Wed, 21 Dec 2022 | US$783.2b | US$460.8b | US$43.3b | 13.8x | 18.1x | 1.7x |
| Fri, 18 Nov 2022 | US$803.9b | US$458.5b | US$42.3b | 14.8x | 19x | 1.8x |
| Sun, 16 Oct 2022 | US$705.9b | US$455.1b | US$45.5b | 14x | 15.5x | 1.6x |
| Tue, 13 Sep 2022 | US$812.2b | US$454.7b | US$45.5b | 15.1x | 17.9x | 1.8x |
| Thu, 11 Aug 2022 | US$817.9b | US$452.5b | US$45.3b | 16.3x | 18x | 1.8x |
| Sat, 09 Jul 2022 | US$747.8b | US$432.0b | US$44.3b | 15.5x | 16.9x | 1.7x |
| Mon, 06 Jun 2022 | US$883.9b | US$432.0b | US$44.3b | 17.4x | 19.9x | 2x |
| Wed, 04 May 2022 | US$847.8b | US$421.6b | US$41.7b | 19.4x | 20.3x | 2x |
| Fri, 01 Apr 2022 | US$873.4b | US$408.4b | US$38.9b | 19.5x | 22.5x | 2.1x |
| Sun, 27 Feb 2022 | US$824.4b | US$406.5b | US$41.1b | 21x | 20.1x | 2x |
| Tue, 25 Jan 2022 | US$845.4b | US$390.8b | US$38.7b | 20.5x | 21.9x | 2.2x |
| Thu, 23 Dec 2021 | US$884.8b | US$390.0b | US$38.7b | 21.5x | 22.9x | 2.3x |
| Sat, 20 Nov 2021 | US$910.9b | US$388.4b | US$38.6b | 22.9x | 23.6x | 2.3x |
| Mon, 18 Oct 2021 | US$863.6b | US$362.3b | US$32.2b | 23.9x | 26.8x | 2.4x |
| Wed, 15 Sep 2021 | US$846.7b | US$363.1b | US$32.0b | 20.5x | 26.5x | 2.3x |
Price to Earnings Ratio
26.5x
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 35.5x which is higher than its 3-year average PE of 28.2x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 9.8% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Materials industry?
| US Market | -4.43% | |
| Materials | -5.34% | |
| Chemicals | -4.67% | |
| Industrial Gases | -4.30% | |
| Specialty Chemicals | -4.43% | |
| Fertilizers and Agricultural Chemicals | -5.16% | |
| Commodity Chemicals | -6.08% | |
| Diversified Chemicals | -6.16% | |
Industry PE
- Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 12.7x.
- Analysts are expecting annual earnings growth of 126.0%, which is higher than its past year's earnings decline of 98.1% per year.
- Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.5x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 126% over the next 5 years.
- This is better than its past earnings decline of 98% per year.
- In contrast, the Industrial Gases industry is expected to see its earnings grow by 9.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AVD American Vanguard | US$6.26 | 9.1% +US$15.0m | -52.5% | PS0.3x | |
| ALTO Alto Ingredients | US$1.43 | 3.6% +US$3.8m | -61.7% | PS0.1x | |
| CCF Chase | US$127.49 | 0.07% +US$851.2k | 35.9% | PE36.6x | |
| CRKN Crown Electrokinetics | US$1.50 | 6.4% +US$395.1k | -98.7% | PS1.2x | |
| TANH Tantech Holdings | US$0.15 | 6.5% +US$74.3k | -92.8% | PE0.2x |