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- 7D-3.7%
- 3M-3.4%
- 1Y92.4%
- YTD18.0%
Over the last 7 days, the Metals and Mining industry has dropped 3.7%, and Freeport-McMoRan contributed the most with a 13% decline. In contrast, Nucor has gained 9.4%. Over the past 12 months, the industry was up 92%. As for the next few years, earnings are expected to grow by 16% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 26 Apr 2026 | US$808.8b | US$260.4b | US$27.9b | 22.5x | 29x | 3.1x |
| Tue, 24 Mar 2026 | US$670.4b | US$255.2b | US$25.5b | 20.4x | 26.3x | 2.6x |
| Thu, 19 Feb 2026 | US$810.4b | US$250.7b | US$24.9b | 25.4x | 32.5x | 3.2x |
| Sat, 17 Jan 2026 | US$788.1b | US$248.6b | US$22.8b | 27x | 34.5x | 3.2x |
| Mon, 15 Dec 2025 | US$649.9b | US$248.4b | US$22.5b | 24.5x | 28.9x | 2.6x |
| Wed, 12 Nov 2025 | US$593.2b | US$247.3b | US$22.3b | 23.9x | 26.6x | 2.4x |
| Fri, 10 Oct 2025 | US$603.2b | US$242.4b | US$20.0b | 24.6x | 30.1x | 2.5x |
| Sun, 07 Sep 2025 | US$527.1b | US$244.5b | US$20.3b | 23.2x | 25.9x | 2.2x |
| Tue, 05 Aug 2025 | US$461.2b | US$244.4b | US$20.5b | 21.1x | 22.5x | 1.9x |
| Thu, 03 Jul 2025 | US$465.7b | US$243.9b | US$17.9b | 22.9x | 26x | 1.9x |
| Sat, 31 May 2025 | US$434.5b | US$259.1b | US$17.8b | 20x | 24.4x | 1.7x |
| Mon, 28 Apr 2025 | US$437.7b | US$265.0b | US$19.9b | 20.9x | 22x | 1.7x |
| Wed, 26 Mar 2025 | US$437.5b | US$262.9b | US$16.9b | 23.9x | 26x | 1.7x |
| Fri, 21 Feb 2025 | US$431.1b | US$262.6b | US$12.8b | 22.2x | 33.6x | 1.6x |
| Sun, 19 Jan 2025 | US$412.6b | US$263.0b | US$11.9b | 15.5x | 34.7x | 1.6x |
| Tue, 17 Dec 2024 | US$417.7b | US$266.1b | US$12.5b | 16.8x | 33.3x | 1.6x |
| Thu, 14 Nov 2024 | US$437.2b | US$266.9b | US$12.5b | 18.8x | 35x | 1.6x |
| Sat, 12 Oct 2024 | US$463.7b | US$267.4b | US$11.3b | 14.2x | 41.1x | 1.7x |
| Mon, 09 Sep 2024 | US$407.5b | US$267.4b | US$11.4b | 12.9x | 35.8x | 1.5x |
| Wed, 07 Aug 2024 | US$415.3b | US$266.5b | US$11.1b | 13.1x | 37.4x | 1.6x |
| Fri, 05 Jul 2024 | US$449.0b | US$266.3b | US$12.8b | 13.7x | 35.2x | 1.7x |
| Sun, 02 Jun 2024 | US$463.0b | US$266.9b | US$13.0b | 14.6x | 35.5x | 1.7x |
| Tue, 30 Apr 2024 | US$452.8b | US$267.3b | US$14.6b | 13.4x | 31x | 1.7x |
| Thu, 28 Mar 2024 | US$433.6b | US$266.5b | US$15.7b | 14.3x | 27.6x | 1.6x |
| Sat, 24 Feb 2024 | US$384.3b | US$264.8b | US$15.6b | 15.8x | 24.7x | 1.5x |
| Mon, 22 Jan 2024 | US$380.5b | US$278.1b | US$19.6b | 17.5x | 19.4x | 1.4x |
| Wed, 20 Dec 2023 | US$411.4b | US$278.9b | US$19.4b | 17.2x | 21.2x | 1.5x |
| Fri, 17 Nov 2023 | US$361.0b | US$280.0b | US$20.0b | 15x | 18.1x | 1.3x |
| Sun, 15 Oct 2023 | US$342.3b | US$283.2b | US$21.8b | 11.7x | 15.7x | 1.2x |
| Tue, 12 Sep 2023 | US$354.9b | US$279.2b | US$21.4b | 12.5x | 16.6x | 1.3x |
| Thu, 10 Aug 2023 | US$365.1b | US$277.5b | US$22.0b | 13.8x | 16.6x | 1.3x |
| Sat, 08 Jul 2023 | US$349.1b | US$284.2b | US$26.0b | 12.9x | 13.4x | 1.2x |
| Mon, 05 Jun 2023 | US$333.7b | US$284.7b | US$26.4b | 12.8x | 12.7x | 1.2x |
| Wed, 03 May 2023 | US$348.9b | US$285.7b | US$26.8b | 11.1x | 13x | 1.2x |
Price to Earnings Ratio
13x
Current Industry PE
- Investors are relatively neutral on the American Metals and Mining industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 26.8x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 3.0% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the U.S. Materials industry?
| US Market | 0.39% | |
| Materials | -1.52% | |
| Metals and Mining | -3.74% | |
| Precious Metals and Minerals | 12.04% | |
| Steel | 7.67% | |
| Aluminum | 2.29% | |
| Diversified Metals and Mining | -2.70% | |
| Silver | -3.82% | |
| Gold | -4.40% | |
| Copper | -9.43% | |
Industry PE
- Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 23.3x.
- Analysts are expecting annual earnings growth of 23.5%, which is higher than its past year's earnings growth of 8.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 44% over the next 5 years.
- However this is lower than its past earnings growth rate of 93% per year.
- In contrast, the Gold industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| NUE Nucor | US$214.29 | 9.4% +US$4.2b | 85.2% | PE28.1x | |
| NEM Newmont | US$120.70 | 3.6% +US$3.9b | 123.8% | PE15.2x | |
| STLD Steel Dynamics | US$226.79 | 13.2% +US$3.8b | 78.1% | PE23.9x | |
| RS Reliance | US$351.68 | 8.0% +US$1.3b | 23.7% | PE22.3x | |
| KALU Kaiser Aluminum | US$177.86 | 19.9% +US$497.1m | 193.2% | PE18.8x |
