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U.S. Materials Sector Analysis

UpdatedMay 16, 2026
DataAggregated Company Financials
Companies450
  • 7D-3.5%
  • 3M-6.8%
  • 1Y26.3%
  • YTD9.0%

The Materials industry is down 3.5% over the last week with Newmont the worst performer, down 6.4%. Over the past 12 months, the industry was up 26%. 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
Sat, 16 May 2026US$2.0tUS$863.0bUS$53.6b21.8x36.9x2.3x
Mon, 13 Apr 2026US$2.0tUS$840.7bUS$43.1b22x46.7x2.4x
Wed, 11 Mar 2026US$1.9tUS$845.8bUS$43.8b21.7x44.4x2.3x
Fri, 06 Feb 2026US$2.0tUS$857.2bUS$41.1b24.6x48.6x2.3x
Sun, 04 Jan 2026US$1.8tUS$852.9bUS$45.8b23.8x38.3x2.1x
Tue, 02 Dec 2025US$1.7tUS$852.7bUS$45.8b22.8x36.8x2x
Thu, 30 Oct 2025US$1.7tUS$843.5bUS$49.3b24.2x34.1x2x
Sat, 27 Sep 2025US$1.7tUS$838.3bUS$47.3b23.5x34.9x2x
Mon, 25 Aug 2025US$1.7tUS$838.0bUS$47.3b23.9x35.2x2x
Wed, 23 Jul 2025US$1.6tUS$832.9bUS$48.0b23x33.6x1.9x
Fri, 20 Jun 2025US$1.5tUS$837.6bUS$48.5b21.4x31.6x1.8x
Sun, 18 May 2025US$1.6tUS$866.1bUS$49.9b21.3x31.4x1.8x
Tue, 15 Apr 2025US$1.4tUS$863.9bUS$54.3b19x26.6x1.7x
Thu, 13 Mar 2025US$1.5tUS$867.8bUS$54.2b21.1x28x1.8x
Sat, 08 Feb 2025US$1.6tUS$870.1bUS$48.5b20.8x33.3x1.9x
Mon, 06 Jan 2025US$1.5tUS$875.8bUS$49.7b18.9x30.2x1.7x
Wed, 04 Dec 2024US$1.7tUS$876.1bUS$49.7b21.5x34x1.9x
Fri, 01 Nov 2024US$1.7tUS$880.7bUS$50.4b20x32.9x1.9x
Sun, 29 Sep 2024US$1.7tUS$870.8bUS$49.7b21.7x34.5x2x
Tue, 27 Aug 2024US$1.6tUS$870.2bUS$49.9b21.4x32.9x1.9x
Thu, 25 Jul 2024US$1.6tUS$864.8bUS$49.9b20.1x32.2x1.9x
Sat, 22 Jun 2024US$1.6tUS$870.9bUS$50.1b20.2x31x1.8x
Mon, 20 May 2024US$1.6tUS$871.5bUS$50.3b21.9x32.4x1.9x
Wed, 17 Apr 2024US$1.6tUS$879.9bUS$52.3b16.9x30x1.8x
Fri, 15 Mar 2024US$1.6tUS$880.5bUS$52.5b17.6x29.9x1.8x
Sun, 11 Feb 2024US$1.4tUS$875.6bUS$60.5b18.4x23.8x1.6x
Tue, 09 Jan 2024US$1.5tUS$905.9bUS$63.3b18.5x23.4x1.6x
Thu, 07 Dec 2023US$1.4tUS$906.3bUS$63.5b16.7x22x1.5x
Sat, 04 Nov 2023US$1.3tUS$911.1bUS$61.7b13.8x21.8x1.5x
Mon, 02 Oct 2023US$1.3tUS$894.2bUS$63.5b14.3x20.6x1.5x
Wed, 30 Aug 2023US$1.4tUS$887.4bUS$63.3b14.7x21.7x1.5x
Fri, 28 Jul 2023US$1.4tUS$924.9bUS$72.0b14.1x20x1.6x
Sun, 25 Jun 2023US$1.3tUS$936.7bUS$76.8b12.5x17.3x1.4x
Tue, 23 May 2023US$1.3tUS$934.7bUS$77.1b12.9x17x1.4x
Price to Earnings Ratio

17x


Total Market Cap: US$1.3tTotal Earnings: US$77.1bTotal Revenue: US$934.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Materials Sector Price to Earnings3Y Average 33.1x202420252026
Current Industry PE
  • Investors are optimistic on the American Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 36.9x which is higher than its 3-year average PE of 33.1x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.3x.
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-0.92%
Materials-3.47%
Chemicals-0.81%
Metals and Mining-4.56%
Packaging-7.24%
Basic Materials-7.45%
Paper and Forestry Products-7.95%
Industry PE
  • Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 48.0x.
    • Analysts are expecting annual earnings growth of 17.5%, which is higher than its past year's earnings decline of 3.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 52% 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
LIN LindeUS$506.112.6%
+US$6.0b		10.6%PE33x
FCX Freeport-McMoRanUS$63.012.2%
+US$2.0b		65.7%PE33.2x
CF CF Industries HoldingsUS$125.248.9%
+US$1.6b		42.7%PE10.9x
DOW DowUS$38.755.1%
+US$1.4b		28.4%PS0.7x
SOLS Solstice Advanced MaterialsUS$85.118.8%
+US$1.1b		n/aPE71.9x

Latest News

ALB
US$180.38
Albemarle
7D
-11.4%
1Y
199.6%
SCCO
US$176.78
Southern Copper
7D
-3.6%
1Y
102.0%
SHW
US$300.10
Sherwin-Williams
7D
-5.3%
1Y
-17.4%
SOLS
US$85.11
Solstice Advanced Materials
7D
8.8%
1Y
n/a
CRH
US$103.21
CRH
7D
-9.3%
1Y
4.3%
AEM
US$180.33
Agnico Eagle Mines
7D
-6.7%
1Y
69.4%
Narrative Update • May 15

AEM: Future Project Pipeline And Buybacks Will Drive Bullish Outlook

The analyst price target on Agnico Eagle Mines has been adjusted slightly lower to reflect a fair value move of about $2 and modestly softer assumptions on revenue growth, profit margins, future P/E and discount rate, even as recent Street research shows a mix of target hikes and trims across firms updating their gold and company forecasts. Analyst Commentary Recent research on Agnico Eagle Mines shows a wide range of opinions on both valuation and risk, with several firms updating price targets and ratings in response to refreshed gold and company forecasts.
LIN
US$506.11
Linde
7D
2.6%
1Y
10.6%
CTVA
US$82.21
Corteva
7D
1.3%
1Y
19.8%
Analysis Article • May 14

Corteva's (NYSE:CTVA) Performance Is Even Better Than Its Earnings Suggest

Even though Corteva, Inc.'s ( NYSE:CTVA ) recent earnings release was robust, the market didn't seem to notice...
CF
US$125.24
CF Industries Holdings
7D
8.9%
1Y
42.7%
DOW
US$38.75
Dow
7D
5.1%
1Y
28.4%
Seeking Alpha • May 12

Dow: Iran Benefits Justify The Rally But Are Priced In

Summary Dow is retained as a 'Hold' as Middle East supply disruptions have rapidly shifted the chemical sector outlook from bearish to bullish but are reflected in valuation. Q2 is expected to see revenue reach $12 billion and EBITDA more than double to $2 billion, with further upside if disruptions persist. Cost cuts, improved operating efficiency, and a strong U.S. footprint position DOW to benefit from elevated pricing and supply chain shifts. With a 3.7% dividend yield, a secure payout, and at least a $2 billion run rate of free cash flow, DOW's rally is justified despite cyclicality concerns. Read the full article on Seeking Alpha
SW
US$37.48
Smurfit Westrock
7D
-9.8%
1Y
-19.6%
LYB
US$75.06
LyondellBasell Industries
7D
4.6%
1Y
25.6%
NEM
US$109.06
Newmont
7D
-6.4%
1Y
117.7%
AU
US$92.24
AngloGold Ashanti
7D
-13.8%
1Y
126.4%
PCT
US$12.59
PureCycle Technologies
7D
32.1%
1Y
35.5%
FCX
US$63.01
Freeport-McMoRan
7D
2.2%
1Y
65.7%