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U.S. Materials Sector Analysis

UpdatedMay 13, 2026
DataAggregated Company Financials
Companies446
  • 7D3.3%
  • 3M-3.4%
  • 1Y32.5%
  • YTD14.4%

Freeport-McMoRan is up 14%, leading the way for the Materials industry, which has gained 3.3%. This takes the industry's 12 month performance to a gain of 32%. Looking forward, 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
Wed, 13 May 2026US$2.0tUS$862.9bUS$53.8b21.7x37.3x2.3x
Fri, 10 Apr 2026US$2.0tUS$840.7bUS$43.1b22x46.2x2.4x
Sun, 08 Mar 2026US$1.9tUS$845.6bUS$43.9b21.6x44x2.3x
Tue, 03 Feb 2026US$1.9tUS$854.3bUS$43.2b25.6x44.3x2.2x
Thu, 01 Jan 2026US$1.7tUS$852.9bUS$45.8b23.4x38x2x
Sat, 29 Nov 2025US$1.7tUS$852.7bUS$45.8b23x36.8x2x
Mon, 27 Oct 2025US$1.7tUS$841.9bUS$49.3b23.3x34.2x2x
Wed, 24 Sep 2025US$1.7tUS$838.3bUS$47.3b23.8x35.7x2x
Fri, 22 Aug 2025US$1.6tUS$838.0bUS$47.3b23.4x34.4x1.9x
Sun, 20 Jul 2025US$1.6tUS$833.0bUS$48.7b22.6x32.8x1.9x
Tue, 17 Jun 2025US$1.6tUS$852.8bUS$48.6b21.8x32x1.8x
Thu, 15 May 2025US$1.6tUS$866.1bUS$50.0b20.7x31.2x1.8x
Sat, 12 Apr 2025US$1.4tUS$863.9bUS$54.3b19x25.8x1.6x
Mon, 10 Mar 2025US$1.6tUS$868.0bUS$54.1b21.2x28.7x1.8x
Wed, 05 Feb 2025US$1.6tUS$868.1bUS$48.6b21.4x32.7x1.8x
Fri, 03 Jan 2025US$1.5tUS$875.8bUS$49.7b18.7x30.4x1.7x
Sun, 01 Dec 2024US$1.7tUS$876.1bUS$49.7b21.6x34x1.9x
Tue, 29 Oct 2024US$1.7tUS$875.1bUS$50.2b21.2x33.4x1.9x
Thu, 26 Sep 2024US$1.7tUS$870.8bUS$49.8b21.6x34.1x1.9x
Sat, 24 Aug 2024US$1.6tUS$870.2bUS$49.9b21.8x32.3x1.9x
Mon, 22 Jul 2024US$1.6tUS$866.8bUS$50.6b19.9x31.5x1.8x
Wed, 19 Jun 2024US$1.6tUS$871.2bUS$50.2b20.2x30.9x1.8x
Fri, 17 May 2024US$1.6tUS$871.5bUS$50.3b21.6x32.3x1.9x
Sun, 14 Apr 2024US$1.6tUS$879.9bUS$52.3b17x30.7x1.8x
Tue, 12 Mar 2024US$1.6tUS$880.5bUS$52.4b17.6x29.7x1.8x
Thu, 08 Feb 2024US$1.4tUS$875.5bUS$60.6b18.1x23.5x1.6x
Sat, 06 Jan 2024US$1.5tUS$906.1bUS$63.4b17.7x23.1x1.6x
Mon, 04 Dec 2023US$1.4tUS$911.1bUS$63.7b17.1x22.6x1.6x
Wed, 01 Nov 2023US$1.3tUS$914.7bUS$64.4b13.8x20.1x1.4x
Fri, 29 Sep 2023US$1.3tUS$894.2bUS$63.5b13.8x20.7x1.5x
Sun, 27 Aug 2023US$1.3tUS$887.3bUS$63.3b14.8x21.1x1.5x
Tue, 25 Jul 2023US$1.4tUS$933.8bUS$74.9b13.7x18.9x1.5x
Thu, 22 Jun 2023US$1.3tUS$937.2bUS$77.1b12.9x17.5x1.4x
Sat, 20 May 2023US$1.3tUS$934.7bUS$77.1b12.8x17.1x1.4x
Price to Earnings Ratio

17.1x


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 33x202420252026
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 37.3x which is higher than its 3-year average PE of 33.0x.
  • 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 Market1.52%
Materials3.30%
Metals and Mining8.61%
Packaging0.94%
Chemicals0.091%
Paper and Forestry Products-0.041%
Basic Materials-2.49%
Industry PE
  • Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 47.9x.
    • Analysts are expecting annual earnings growth of 17.6%, which is higher than its past year's earnings growth of 0.1% 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 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
FCX Freeport-McMoRanUS$66.0314.5%
+US$12.0b		67.3%PE34.8x
NEM NewmontUS$119.699.8%
+US$11.4b		139.0%PE15.1x
AEM Agnico Eagle MinesUS$197.0510.6%
+US$9.5b		84.2%PE18.4x
AU AngloGold AshantiUS$104.3314.8%
+US$6.8b		153.2%PE15.2x
SCCO Southern CopperUS$189.854.3%
+US$6.5b		110.9%PE31.9x

Latest News

CDE
US$20.17
Coeur Mining
7D
17.7%
1Y
164.0%
DOW
US$39.43
Dow
7D
-3.4%
1Y
28.1%
Seeking Alpha • 18h

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
HL
US$20.57
Hecla Mining
7D
20.6%
1Y
316.4%
LYB
US$74.31
LyondellBasell Industries
7D
-4.4%
1Y
23.2%
CTVA
US$82.59
Corteva
7D
-1.6%
1Y
21.6%
VMC
US$279.33
Vulcan Materials
7D
-4.2%
1Y
4.0%
NEM
US$119.69
Newmont
7D
9.8%
1Y
139.0%
ECL
US$251.70
Ecolab
7D
-2.3%
1Y
0.08%
AU
US$104.33
AngloGold Ashanti
7D
14.8%
1Y
153.2%
CE
US$59.47
Celanese
7D
-13.8%
1Y
11.3%
Narrative Update • May 10

CE: Carbon Capture Progress And Michigan Tech Expansion Will Support Future Upside

Analysts now see Celanese's fair value at about $90, down from roughly $94. The change reflects slightly adjusted assumptions for revenue growth, profit margin and future P/E, while maintaining a broadly similar risk profile.
FCX
US$66.03
Freeport-McMoRan
7D
14.5%
1Y
67.3%
AEM
US$197.05
Agnico Eagle Mines
7D
10.6%
1Y
84.2%
IFF
US$78.47
International Flavors & Fragrances
7D
10.9%
1Y
2.6%
WLK
US$96.54
Westlake
7D
-7.9%
1Y
11.6%
SCCO
US$189.85
Southern Copper
7D
4.3%
1Y
110.9%
MLM
US$581.14
Martin Marietta Materials
7D
-4.1%
1Y
6.8%
Narrative Update • May 05

MLM: Asset Reshaping And 2026 Guidance Will Support Long-Term Upside

Analysts have trimmed the blended fair value estimate for Martin Marietta Materials to $800 from $804. This reflects a mix of recent price target cuts and increases as they update models for adjusted revenue growth, slightly lower profit margins, and revised sector expectations.