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U.S. Materials Sector Analysis

UpdatedMay 21, 2026
DataAggregated Company Financials
Companies446
  • 7D-5.5%
  • 3M-6.9%
  • 1Y25.5%
  • YTD8.2%

Over the last 7 days, the Materials industry has dropped 7.4%, driven by pullbacks in Southern Copper and Newmont of 11% and 12%, respectively. This takes the industry's 12 month performance to a gain of 22%. Earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

Has the U.S. Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026US$1.9tUS$863.0bUS$53.6b20.9x34.6x2.2x
Sat, 18 Apr 2026US$2.0tUS$840.6bUS$42.7b22.5x46.8x2.4x
Mon, 16 Mar 2026US$1.9tUS$845.7bUS$43.6b20.8x43.2x2.2x
Wed, 11 Feb 2026US$2.0tUS$858.1bUS$41.1b25.4x49.4x2.4x
Fri, 09 Jan 2026US$1.8tUS$852.9bUS$45.8b25x39.4x2.1x
Sun, 07 Dec 2025US$1.7tUS$852.8bUS$45.8b22.7x36.5x2x
Tue, 04 Nov 2025US$1.6tUS$847.2bUS$47.6b22.6x34.4x1.9x
Thu, 02 Oct 2025US$1.7tUS$838.8bUS$47.2b24.6x35.9x2x
Sat, 30 Aug 2025US$1.7tUS$837.9bUS$47.3b24.1x35.2x2x
Mon, 28 Jul 2025US$1.6tUS$834.9bUS$48.2b22.9x34x2x
Wed, 25 Jun 2025US$1.6tUS$837.5bUS$48.4b21.8x32.1x1.9x
Fri, 23 May 2025US$1.6tUS$866.1bUS$49.8b20.5x31.2x1.8x
Sun, 20 Apr 2025US$1.5tUS$864.7bUS$55.2b18.9x26.4x1.7x
Tue, 18 Mar 2025US$1.5tUS$867.8bUS$54.0b22.1x28.5x1.8x
Thu, 13 Feb 2025US$1.6tUS$871.7bUS$49.1b20.7x32.6x1.8x
Sat, 11 Jan 2025US$1.5tUS$875.7bUS$49.4b18.3x30.7x1.7x
Mon, 09 Dec 2024US$1.7tUS$876.2bUS$49.7b20.7x33.3x1.9x
Wed, 06 Nov 2024US$1.7tUS$877.6bUS$48.7b21.4x34.1x1.9x
Fri, 04 Oct 2024US$1.7tUS$868.6bUS$50.1b21.1x33.8x1.9x
Sun, 01 Sep 2024US$1.7tUS$870.4bUS$49.8b21.5x33.2x1.9x
Tue, 30 Jul 2024US$1.6tUS$865.9bUS$50.7b20.6x31.8x1.9x
Thu, 27 Jun 2024US$1.5tUS$870.9bUS$50.1b20.2x30.7x1.8x
Sat, 25 May 2024US$1.6tUS$871.5bUS$50.3b21.9x31.7x1.8x
Mon, 22 Apr 2024US$1.6tUS$879.7bUS$52.4b16.4x29.7x1.8x
Wed, 20 Mar 2024US$1.6tUS$880.4bUS$52.5b17.3x29.8x1.8x
Fri, 16 Feb 2024US$1.4tUS$874.9bUS$58.1b19.1x24.7x1.6x
Sun, 14 Jan 2024US$1.5tUS$905.9bUS$63.3b17.6x23.2x1.6x
Tue, 12 Dec 2023US$1.4tUS$906.1bUS$63.4b17x22.4x1.6x
Thu, 09 Nov 2023US$1.3tUS$909.6bUS$64.1b13.9x20.7x1.5x
Sat, 07 Oct 2023US$1.3tUS$894.2bUS$63.5b13.7x20.4x1.4x
Mon, 04 Sep 2023US$1.4tUS$889.8bUS$63.0b14.9x22x1.6x
Wed, 02 Aug 2023US$1.4tUS$914.5bUS$70.4b14.4x20.4x1.6x
Fri, 30 Jun 2023US$1.4tUS$936.1bUS$76.9b13.3x17.9x1.5x
Sun, 28 May 2023US$1.3tUS$934.6bUS$77.1b12.7x16.6x1.4x
Price to Earnings Ratio

16.6x


Total Market Cap: US$1.3tTotal Earnings: US$77.1bTotal Revenue: US$934.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Materials Sector Price to Earnings3Y Average 33.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Materials 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 33.2x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 11% per year over the last three years,
  • Revenues have also declined 2.6% 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 sector?

US Market-0.32%
Materials-5.53%
Paper and Forestry Products-0.68%
Packaging-2.92%
Chemicals-3.21%
Basic Materials-5.53%
Metals and Mining-8.39%
Industry PE
  • Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 48.2x.
    • Analysts are expecting annual earnings growth of 17.4%, which is higher than its past year's earnings decline of 1.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 53% over the next 5 years.
  • This is better than its past earnings decline of 72% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 13% 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
SHW Sherwin-WilliamsUS$307.700.4%
+US$333.5m		-13.1%PE29x
PCT PureCycle TechnologiesUS$11.8616.3%
+US$300.2m		45.7%PS196.8x
AXTA Axalta Coating SystemsUS$28.743.0%
+US$177.6m		-8.1%PE16.7x
RPM RPM InternationalUS$98.511.4%
+US$173.6m		-12.7%PE19x
NEU NewMarketUS$708.322.6%
+US$162.1m		9.9%PE15.9x

Latest News

ALB
US$170.21
Albemarle
7D
-15.3%
1Y
201.6%
FTK
US$20.33
Flotek Industries
7D
8.6%
1Y
35.2%
NEM
US$107.39
Newmont
7D
-9.7%
1Y
104.0%
Seeking Alpha • May 19

Newmont May Be Facing Lower Gold Prices And Higher Costs

Summary Higher-for-longer interest rates are likely to pressure gold prices and Newmont Corproation's (NEM) s realized pricing over coming quarters. Rising oil prices and Ghana’s new royalty regime are expected to keep Newmont’s AISC above roughly 1,700 dollars per ounce in 2026. Newmont trades near 8.3x 1-yr fwd P/CFPS, representing a small discount to its historical median and broadly in line with precious metals peers. Valuation appears only modestly attractive given the combination of softer gold price expectations and structurally higher cost pressures. Newmont’s share price remains locked in a wide weekly range, making a strong near-term directional call on the stock difficult. Read the full article on Seeking Alpha
AU
US$92.80
AngloGold Ashanti
7D
-9.3%
1Y
114.7%
AEM
US$178.15
Agnico Eagle Mines
7D
-9.1%
1Y
54.1%
PCT
US$11.86
PureCycle Technologies
7D
16.3%
1Y
45.7%
FCX
US$60.87
Freeport-McMoRan
7D
-9.4%
1Y
60.1%
BALL
US$56.81
Ball
7D
0.6%
1Y
5.5%
Narrative Update • May 16

BALL: Share Buybacks And Mixed Earnings Confidence Will Shape Balanced 2026 Outlook

Ball's updated analyst price target edges higher to about $60.81, as analysts adjust their models for slightly different revenue growth, profit margin and forward P/E assumptions following a mix of recent target raises and trims across the Street. Analyst Commentary Recent research on Ball shows a mixed picture, with some analysts lifting targets or ratings while others trim expectations.
AXTA
US$28.74
Axalta Coating Systems
7D
3.0%
1Y
-8.1%
SCCO
US$174.09
Southern Copper
7D
-9.3%
1Y
98.7%
SHW
US$307.70
Sherwin-Williams
7D
0.4%
1Y
-13.1%
CRH
US$101.45
CRH
7D
-6.7%
1Y
6.7%
CMC
US$71.08
Commercial Metals
7D
1.1%
1Y
52.3%
APD
US$289.19
Air Products and Chemicals
7D
-5.6%
1Y
7.2%
RPM
US$98.51
RPM International
7D
1.4%
1Y
-12.7%
Narrative Update • May 07

RPM: Cost Actions And Operating Leverage Will Shape Earnings Execution Risk

RPM International's updated analyst price target remains at $115, with recent Street research showing both upward and downward revisions as analysts weigh slightly higher projected revenue growth and profit margins against modest adjustments in the discount rate and future P/E assumptions. Analyst Commentary Recent research on RPM International highlights a mixed backdrop, with some firms lifting targets while others trim their expectations or keep them unchanged.
NEU
US$708.32
NewMarket
7D
2.6%
1Y
9.9%