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U.S. Metals and Mining Industry Analysis
UpdatedMay 02, 2025
DataAggregated Company Financials
Companies248
- 7D-3.3%
- 3M5.5%
- 1Y-1.7%
- YTD11.0%
Over the last 7 days, the Metals and Mining industry has dropped 3.3%, driven by pullbacks in Southern Copper and Newmont of 6.3% and 7.6%, respectively. In contrast, ATI has gained 19%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the U.S. Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 02 May 2025 | US$432.9b | US$263.5b | US$18.8b | 21.4x | 23.1x | 1.6x |
| Sun, 30 Mar 2025 | US$427.7b | US$262.9b | US$16.8b | 24x | 25.4x | 1.6x |
| Tue, 25 Feb 2025 | US$418.7b | US$264.3b | US$17.6b | 21.6x | 23.8x | 1.6x |
| Thu, 23 Jan 2025 | US$416.9b | US$263.1b | US$11.9b | 15.4x | 35x | 1.6x |
| Sat, 21 Dec 2024 | US$385.5b | US$265.9b | US$12.5b | 15.4x | 30.8x | 1.4x |
| Mon, 18 Nov 2024 | US$426.4b | US$266.7b | US$12.5b | 18.8x | 34.1x | 1.6x |
| Wed, 16 Oct 2024 | US$462.1b | US$267.3b | US$11.3b | 14.3x | 41x | 1.7x |
| Fri, 13 Sep 2024 | US$413.4b | US$267.4b | US$11.4b | 13.5x | 36.3x | 1.5x |
| Sun, 11 Aug 2024 | US$420.5b | US$267.1b | US$11.5b | 13.7x | 36.5x | 1.6x |
| Tue, 09 Jul 2024 | US$452.2b | US$266.4b | US$12.8b | 13.6x | 35.5x | 1.7x |
| Thu, 06 Jun 2024 | US$440.3b | US$266.8b | US$13.0b | 14.4x | 33.8x | 1.6x |
| Sat, 04 May 2024 | US$441.4b | US$267.0b | US$13.3b | 13.3x | 33.3x | 1.7x |
| Mon, 01 Apr 2024 | US$439.8b | US$266.3b | US$15.7b | 14.4x | 28x | 1.7x |
| Wed, 28 Feb 2024 | US$380.9b | US$266.4b | US$15.9b | 15.3x | 24x | 1.4x |
| Fri, 26 Jan 2024 | US$386.5b | US$277.6b | US$19.2b | 16.3x | 20.2x | 1.4x |
| Sun, 24 Dec 2023 | US$418.3b | US$278.9b | US$19.4b | 17.9x | 21.5x | 1.5x |
| Tue, 21 Nov 2023 | US$363.0b | US$280.1b | US$20.0b | 15.5x | 18.2x | 1.3x |
| Thu, 19 Oct 2023 | US$341.1b | US$283.2b | US$21.8b | 12x | 15.6x | 1.2x |
| Sat, 16 Sep 2023 | US$352.3b | US$279.1b | US$21.4b | 12.7x | 16.5x | 1.3x |
| Mon, 14 Aug 2023 | US$361.0b | US$276.9b | US$21.8b | 13.6x | 16.5x | 1.3x |
| Wed, 12 Jul 2023 | US$357.7b | US$284.2b | US$26.0b | 13x | 13.8x | 1.3x |
| Fri, 09 Jun 2023 | US$340.6b | US$284.7b | US$26.4b | 12.6x | 12.9x | 1.2x |
| Sun, 07 May 2023 | US$349.9b | US$285.7b | US$26.8b | 11.3x | 13.1x | 1.2x |
| Tue, 04 Apr 2023 | US$366.1b | US$293.3b | US$29.3b | 11.2x | 12.5x | 1.2x |
| Thu, 02 Mar 2023 | US$373.9b | US$293.3b | US$31.1b | 8.5x | 12x | 1.3x |
| Sat, 28 Jan 2023 | US$379.9b | US$295.6b | US$36.1b | 7.5x | 10.5x | 1.3x |
| Mon, 26 Dec 2022 | US$326.6b | US$298.2b | US$37.9b | 6.6x | 8.6x | 1.1x |
| Wed, 23 Nov 2022 | US$330.3b | US$297.9b | US$38.0b | 6.3x | 8.7x | 1.1x |
| Fri, 21 Oct 2022 | US$279.6b | US$297.9b | US$43.3b | 6.7x | 6.5x | 0.9x |
| Sun, 18 Sep 2022 | US$275.9b | US$296.7b | US$44.4b | 6.7x | 6.2x | 0.9x |
| Tue, 16 Aug 2022 | US$309.0b | US$296.6b | US$44.3b | 8.2x | 7x | 1x |
| Thu, 14 Jul 2022 | US$284.4b | US$281.8b | US$42.0b | 7.4x | 6.8x | 1x |
| Sat, 11 Jun 2022 | US$344.9b | US$280.6b | US$41.9b | 9x | 8.2x | 1.2x |
| Mon, 09 May 2022 | US$361.9b | US$280.0b | US$41.7b | 8.2x | 8.7x | 1.3x |
Price to Earnings Ratio
8.7x
Current Industry PE
- Investors are optimistic on the American Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 23.1x which is higher than its 3-year average PE of 20.4x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 23% per year over the last three years,
- Revenues have also declined 2.0% 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 | 1.78% | |
| Materials | -0.28% | |
| Metals and Mining | -3.33% | |
| Steel | 2.71% | |
| Aluminum | -2.51% | |
| Precious Metals and Minerals | -4.12% | |
| Copper | -5.02% | |
| Gold | -5.86% | |
| Diversified Metals and Mining | -6.16% | |
| Silver | -7.01% | |
Industry PE
- Investors are most optimistic about the Silver industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 44.2% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 73% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Gold industry is expected to see its earnings grow by 4.4% 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 | |
|---|---|---|---|---|---|
| ATI ATI | US$62.24 | 18.7% +US$1.4b | 7.2% | PE23.9x | |
| NUE Nucor | US$119.72 | 3.8% +US$1.0b | -29.8% | PE20.8x | |
| STLD Steel Dynamics | US$130.30 | 2.3% +US$436.9m | -0.4% | PE16.7x | |
| RS Reliance | US$290.31 | 1.8% +US$272.4m | -0.1% | PE19.9x | |
| X United States Steel | US$43.46 | 2.8% +US$271.7m | 17.3% | PE25.6x |
