Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Materials Sector Analysis

UpdatedDec 30, 2025
DataAggregated Company Financials
Companies458
  • 7D-0.9%
  • 3M3.2%
  • 1Y18.6%
  • YTD19.1%

The Materials industry is up 1.3% in the last week, with Freeport-McMoRan up 4.7%. This takes the industry's 12 month performance to a gain of 20%. Earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Dec 2025US$1.8tUS$853.0bUS$45.8b23.6x38.3x2.1x
Thu, 27 Nov 2025US$1.6tUS$852.7bUS$45.8b22.7x35.9x1.9x
Sat, 25 Oct 2025US$1.7tUS$841.7bUS$49.3b23.3x34.3x2x
Mon, 22 Sep 2025US$1.7tUS$838.3bUS$47.3b23.7x35.7x2x
Wed, 20 Aug 2025US$1.6tUS$838.2bUS$47.4b23.1x34.2x1.9x
Fri, 18 Jul 2025US$1.6tUS$833.0bUS$48.7b22.7x32.5x1.9x
Sun, 15 Jun 2025US$1.6tUS$852.8bUS$48.6b21.5x32x1.8x
Tue, 13 May 2025US$1.5tUS$852.8bUS$47.7b21.5x31.6x1.8x
Thu, 10 Apr 2025US$1.3tUS$863.9bUS$54.0b18.9x24.5x1.5x
Sat, 08 Mar 2025US$1.6tUS$867.5bUS$54.1b21.2x28.7x1.8x
Mon, 03 Feb 2025US$1.6tUS$870.0bUS$48.8b21.6x32.7x1.8x
Wed, 01 Jan 2025US$1.5tUS$875.9bUS$49.9b19.5x30.2x1.7x
Fri, 29 Nov 2024US$1.7tUS$876.1bUS$49.7b21.6x33.9x1.9x
Sun, 27 Oct 2024US$1.7tUS$875.1bUS$50.2b21.5x33.4x1.9x
Tue, 24 Sep 2024US$1.7tUS$870.5bUS$49.8b21.7x33.3x1.9x
Thu, 22 Aug 2024US$1.6tUS$871.0bUS$50.3b21.2x31.9x1.8x
Sat, 20 Jul 2024US$1.6tUS$866.0bUS$50.2b19.9x32x1.9x
Mon, 17 Jun 2024US$1.5tUS$871.2bUS$50.2b20.2x30.7x1.8x
Wed, 15 May 2024US$1.6tUS$871.4bUS$50.4b19.9x32.1x1.9x
Fri, 12 Apr 2024US$1.6tUS$880.0bUS$52.3b17.4x30.7x1.8x
Sun, 10 Mar 2024US$1.5tUS$880.5bUS$52.4b17.8x29.4x1.7x
Tue, 06 Feb 2024US$1.4tUS$876.2bUS$60.4b17.8x23.4x1.6x
Thu, 04 Jan 2024US$1.5tUS$905.1bUS$63.0b18.2x23.4x1.6x
Sat, 02 Dec 2023US$1.4tUS$911.5bUS$63.8b17x22.2x1.6x
Mon, 30 Oct 2023US$1.3tUS$915.2bUS$64.5b13.4x19.8x1.4x
Wed, 27 Sep 2023US$1.3tUS$889.9bUS$63.4b13.8x20.3x1.4x
Fri, 25 Aug 2023US$1.3tUS$887.3bUS$63.3b14.2x21.1x1.5x
Sun, 23 Jul 2023US$1.4tUS$933.8bUS$74.9b13.8x18.9x1.5x
Tue, 20 Jun 2023US$1.4tUS$937.1bUS$77.1b12.9x17.7x1.5x
Thu, 18 May 2023US$1.3tUS$934.7bUS$77.2b12.7x17x1.4x
Sat, 15 Apr 2023US$1.4tUS$952.6bUS$88.1b12.3x15.6x1.4x
Mon, 13 Mar 2023US$1.3tUS$952.5bUS$88.4b11.8x15x1.4x
Wed, 08 Feb 2023US$1.4tUS$957.0bUS$90.4b12.3x15.7x1.5x
Fri, 06 Jan 2023US$1.3tUS$967.2bUS$95.5b11.2x13.7x1.4x
Price to Earnings Ratio

13.7x


Total Market Cap: US$1.3tTotal Earnings: US$95.5bTotal Revenue: US$967.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Materials Sector Price to Earnings3Y Average 29.6x20242025
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 38.7x which is higher than its 3-year average PE of 29.6x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 22% per year over the last three years,
  • Revenues have also declined 4.1% 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-0.18%
Materials-0.86%
Packaging1.05%
Chemicals0.52%
Basic Materials0.21%
Paper and Forestry Products-0.25%
Metals and Mining-2.98%
Industry PE
  • Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 38.0x.
    • Analysts are expecting annual earnings growth of 23.0%, which is higher than its past year's earnings decline of 8.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 41% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 11% 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
CRH CRHUS$127.350.9%
+US$757.4m		37.7%PE25.1x
APD Air Products and ChemicalsUS$247.851.3%
+US$683.4m		-14.1%PS4.6x
LIN LindeUS$426.540.3%
+US$672.4m		1.9%PE28.1x
ICL ICL GroupUS$5.549.1%
+US$593.7m		15.4%PE19.4x
SIM Grupo Simec. deUS$29.3312.8%
+US$511.1m		8.0%PE30.3x

Latest News

PPG
US$104.25
PPG Industries
7D
1.5%
1Y
-12.7%

Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly

Dec 29
Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly
HL
US$19.20
Hecla Mining
7D
-5.4%
1Y
291.0%
FCX
US$51.48
Freeport-McMoRan
7D
-0.8%
1Y
35.2%

Freeport-McMoRan Inc.'s (NYSE:FCX) P/E Is Still On The Mark Following 26% Share Price Bounce

Dec 27
Freeport-McMoRan Inc.'s (NYSE:FCX) P/E Is Still On The Mark Following 26% Share Price Bounce
APD
US$247.85
Air Products and Chemicals
7D
1.3%
1Y
-14.1%
NUE
US$165.48
Nucor
7D
1.1%
1Y
41.8%

NUE: Future Steel Demand And Tariff Shifts Will Influence Share Performance

Nucor's analyst price target has been modestly raised to approximately $177 from about $174, as analysts factor in slightly stronger long term profit margins and resilient steel demand in the U.S. and Europe despite a challenging macro backdrop. Analyst Commentary Recent Street research on Nucor has been broadly constructive, with several bullish analysts lifting their price targets in response to updated models and a reassessment of the profit outlook.
RGLD
US$225.32
Royal Gold
7D
-3.4%
1Y
70.9%
STLD
US$172.88
Steel Dynamics
7D
-2.4%
1Y
51.6%
AEM
US$171.34
Agnico Eagle Mines
7D
-4.9%
1Y
120.1%

AEM: Gold Rally And Geopolitical Uncertainty Will Shape Balanced Future Outlook

Agnico Eagle Mines' analyst price target has inched higher from approximately $195 to about $197 per share as analysts factor in stronger revenue growth assumptions, slightly improved margins, and a supportive outlook for precious metal prices amid ongoing macroeconomic and geopolitical uncertainty. Analyst Commentary Recent Street research has turned more constructive on Agnico Eagle Mines, with multiple firms lifting price targets to reflect stronger precious metals pricing, improving capital allocation, and a more supportive macro backdrop for gold and silver.
CRH
US$127.35
CRH
7D
0.9%
1Y
37.7%
NEM
US$99.81
Newmont
7D
-5.2%
1Y
168.2%

NEM: Future Barrick Dealmaking Will Likely Erode Already Stretched Share Pricing

The analyst price target for Newmont has been raised significantly, from approximately $58 to about $78 per share, as analysts factor in higher expected gold prices, improved profitability, and valuation upside relative to peers. Analyst Commentary Recent Street research on Newmont reflects a broadly constructive stance, with multiple firms lifting price targets and upgrading the stock on expectations of stronger gold prices, improving free cash flow, and valuation upside relative to peers.
ICL
US$5.54
ICL Group
7D
9.1%
1Y
15.4%
CTVA
US$67.65
Corteva
7D
0.8%
1Y
19.6%

CTVA: Planned Seed And Pesticide Split Will Unlock Future Earnings Power

The analyst price target for Corteva has been nudged higher by approximately $0.05 to about $77.76, as analysts factor in a slightly lower discount rate and modestly improved long term growth expectations, despite broadly cautious sector commentary and recent target reductions. Analyst Commentary Street research on Corteva reflects a divided but generally constructive view, with price targets drifting lower but ratings remaining skewed toward positive as investors reassess the company’s post breakup trajectory and near term earnings backdrop.
SCCO
US$145.30
Southern Copper
7D
-1.3%
1Y
64.6%

SCCO Copper Supply Tightness Is Expected To Drive MultiYear Upside

Analysts have raised their price target for Southern Copper significantly, with fair value estimates climbing from approximately $125 to $172. This reflects higher copper price forecasts, tightening supply into 2026, and modestly stronger long term growth and profitability assumptions.
AU
US$84.94
AngloGold Ashanti
7D
-5.6%
1Y
271.1%

AU: Rising Gold Output Will Likely Fail To Justify Current Share Price

Analysts have significantly raised their price target for AngloGold Ashanti from approximately $38 to about $67 per share, citing expectations for stronger revenue growth, improved profit margins, a slightly higher required return, and a modestly lower future earnings multiple. What's in the News AngloGold Ashanti increased its interim dividend to 91 US cents per share for the three months ended 30 September 2025, indicating confidence in cash generation and balance sheet strength (Key Developments).
LIN
US$426.54
Linde
7D
0.3%
1Y
1.9%

LIN: Defensive Profile And Buybacks Will Support Shares Into 2026

Linde's analyst price target has been trimmed modestly, falling from about $505.61 to $502.88 as analysts weigh the stock's defensive growth profile, slightly lower fair value multiple assumptions, and a challenging near term macro backdrop against expectations for earnings growth acceleration in 2026. Analyst Commentary Recent research updates present a mixed but generally constructive view on Linde, with analysts balancing its defensive growth profile against persistent macro and volume headwinds across key end markets.
SIM
US$29.33
Grupo Simec. de
7D
12.8%
1Y
8.0%