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U.S. Chemicals Industry Analysis
UpdatedOct 19, 2024
DataAggregated Company Financials
Companies127
- 7D1.3%
- 3M8.3%
- 1Y24.5%
- YTD10.1%
The Chemicals industry is up 1.3% in the last week, with Linde up 2.6%. In the same time, Sociedad Química y Minera de Chile was down 7.8%. This means that the industry has gained 25% over the past year. Looking forward, earnings are forecast to grow by 18% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 19 Oct 2024 | US$905.6b | US$388.6b | US$24.2b | 26.4x | 37.4x | 2.3x |
| Mon, 16 Sep 2024 | US$857.8b | US$383.8b | US$23.4b | 25.6x | 36.6x | 2.2x |
| Wed, 14 Aug 2024 | US$819.0b | US$384.4b | US$23.8b | 24.8x | 34.4x | 2.1x |
| Fri, 12 Jul 2024 | US$801.1b | US$379.9b | US$23.4b | 26.5x | 34.2x | 2.1x |
| Sun, 09 Jun 2024 | US$815.2b | US$377.3b | US$23.4b | 26.7x | 34.8x | 2.2x |
| Tue, 07 May 2024 | US$816.1b | US$378.3b | US$23.8b | 22.4x | 34.3x | 2.2x |
| Thu, 04 Apr 2024 | US$850.3b | US$384.6b | US$25.6b | 21.6x | 33.3x | 2.2x |
| Sat, 02 Mar 2024 | US$814.4b | US$384.5b | US$25.5b | 20x | 32x | 2.1x |
| Mon, 29 Jan 2024 | US$786.7b | US$397.4b | US$30.9b | 20.5x | 25.5x | 2x |
| Wed, 27 Dec 2023 | US$811.0b | US$398.4b | US$31.6b | 21.9x | 25.7x | 2x |
| Fri, 24 Nov 2023 | US$766.9b | US$398.8b | US$31.6b | 19x | 24.2x | 1.9x |
| Sun, 22 Oct 2023 | US$720.3b | US$412.0b | US$31.3b | 15.2x | 23x | 1.7x |
| Tue, 19 Sep 2023 | US$774.6b | US$412.0b | US$31.2b | 16.7x | 24.8x | 1.9x |
| Thu, 17 Aug 2023 | US$772.7b | US$412.0b | US$31.2b | 15x | 24.8x | 1.9x |
| Sat, 15 Jul 2023 | US$819.6b | US$444.3b | US$39.1b | 13.9x | 21x | 1.8x |
| Mon, 12 Jun 2023 | US$780.0b | US$444.6b | US$39.1b | 13x | 20x | 1.8x |
| Wed, 10 May 2023 | US$775.7b | US$443.9b | US$39.2b | 13x | 19.8x | 1.7x |
| Fri, 07 Apr 2023 | US$789.7b | US$452.0b | US$42.6b | 12.5x | 18.5x | 1.7x |
| Sun, 05 Mar 2023 | US$840.6b | US$452.6b | US$42.9b | 13.9x | 19.6x | 1.9x |
| Tue, 31 Jan 2023 | US$823.5b | US$458.4b | US$41.8b | 14.5x | 19.7x | 1.8x |
| Thu, 29 Dec 2022 | US$774.1b | US$460.8b | US$43.3b | 14.2x | 17.9x | 1.7x |
| Sat, 26 Nov 2022 | US$831.2b | US$460.8b | US$43.3b | 15.3x | 19.2x | 1.8x |
| Mon, 24 Oct 2022 | US$744.8b | US$454.6b | US$44.6b | 14.2x | 16.7x | 1.6x |
| Wed, 21 Sep 2022 | US$754.1b | US$454.7b | US$45.5b | 14.4x | 16.6x | 1.7x |
| Fri, 19 Aug 2022 | US$834.2b | US$454.6b | US$45.5b | 15.7x | 18.3x | 1.8x |
| Sun, 17 Jul 2022 | US$741.8b | US$432.0b | US$44.3b | 15.6x | 16.7x | 1.7x |
| Tue, 14 Jun 2022 | US$795.4b | US$432.0b | US$44.3b | 16x | 17.9x | 1.8x |
| Thu, 12 May 2022 | US$819.6b | US$431.4b | US$44.0b | 16.4x | 18.6x | 1.9x |
| Sat, 09 Apr 2022 | US$863.5b | US$409.1b | US$39.0b | 19.1x | 22.1x | 2.1x |
| Mon, 07 Mar 2022 | US$799.1b | US$407.1b | US$41.3b | 20.6x | 19.3x | 2x |
| Wed, 02 Feb 2022 | US$860.7b | US$396.9b | US$38.7b | 21.3x | 22.2x | 2.2x |
| Fri, 31 Dec 2021 | US$913.7b | US$390.0b | US$38.7b | 21.4x | 23.6x | 2.3x |
| Sun, 28 Nov 2021 | US$883.2b | US$387.1b | US$38.7b | 21.7x | 22.8x | 2.3x |
| Tue, 26 Oct 2021 | US$876.2b | US$370.0b | US$35.2b | 23.8x | 24.9x | 2.4x |
Price to Earnings Ratio
24.9x
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 37.4x which is higher than its 3-year average PE of 28.6x.
- 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 12% 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 | 0.81% | |
| Materials | 1.63% | |
| Chemicals | 1.34% | |
| Industrial Gases | 3.15% | |
| Fertilizers and Agricultural Chemicals | 1.81% | |
| Specialty Chemicals | 0.79% | |
| Commodity Chemicals | -1.58% | |
| Diversified Chemicals | -2.08% | |
Industry PE
- Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 20.7x.
- Analysts are expecting annual earnings growth of 107.0%, 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 14.4x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 107% 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 9.3% 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 | |
|---|---|---|---|---|---|
| LIN Linde | US$486.45 | 2.6% +US$5.9b | 32.8% | PE36.3x | |
| APD Air Products and Chemicals | US$332.10 | 4.9% +US$3.4b | 19.2% | PE28.8x | |
| SHW Sherwin-Williams | US$388.36 | 2.5% +US$2.4b | 63.4% | PE39x | |
| ECL Ecolab | US$261.46 | 2.9% +US$2.1b | 63.5% | PE43.5x | |
| CTVA Corteva | US$59.41 | 4.5% +US$1.8b | 18.2% | PE47.1x |
