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

U.S. Materials Sector Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies447
  • 7D4.0%
  • 3M6.2%
  • 1Y41.6%
  • YTD14.8%

In the last week, the Materials industry is up 4.0%, with Southern Copper up 8.3%. Meanwhile, LyondellBasell Industries actually underperformed within the industry, shrinking 7.4% in the last week. This means that the industry has gained 42% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026US$2.0tUS$840.7bUS$43.1b22x46.7x2.4x
Tue, 10 Mar 2026US$1.9tUS$845.6bUS$43.9b21.9x44x2.3x
Thu, 05 Feb 2026US$2.0tUS$856.9bUS$43.0b24.9x46.4x2.3x
Sat, 03 Jan 2026US$1.7tUS$852.9bUS$45.8b23.8x37.7x2x
Mon, 01 Dec 2025US$1.7tUS$852.7bUS$45.8b22.8x36.8x2x
Wed, 29 Oct 2025US$1.7tUS$843.0bUS$49.7b23.3x33.7x2x
Fri, 26 Sep 2025US$1.7tUS$838.3bUS$47.3b23.3x35.2x2x
Sun, 24 Aug 2025US$1.7tUS$838.0bUS$47.3b23.9x35.2x2x
Tue, 22 Jul 2025US$1.6tUS$833.0bUS$48.7b22.6x32.8x1.9x
Thu, 19 Jun 2025US$1.5tUS$837.6bUS$48.5b21.4x31.7x1.8x
Sat, 17 May 2025US$1.6tUS$866.1bUS$49.9b21.3x31.2x1.8x
Mon, 14 Apr 2025US$1.4tUS$863.9bUS$54.3b19x26.6x1.7x
Wed, 12 Mar 2025US$1.5tUS$867.9bUS$54.1b20.9x28.1x1.8x
Fri, 07 Feb 2025US$1.6tUS$870.1bUS$48.2b21.4x33.4x1.8x
Sun, 05 Jan 2025US$1.5tUS$875.8bUS$49.7b18.9x30.2x1.7x
Tue, 03 Dec 2024US$1.7tUS$876.1bUS$49.7b21.2x34x1.9x
Thu, 31 Oct 2024US$1.7tUS$874.9bUS$50.3b21.3x33.4x1.9x
Sat, 28 Sep 2024US$1.7tUS$870.8bUS$49.7b21.6x34.6x2x
Mon, 26 Aug 2024US$1.6tUS$870.3bUS$49.9b21.8x32.9x1.9x
Wed, 24 Jul 2024US$1.6tUS$864.4bUS$49.4b20.5x32.4x1.9x
Fri, 21 Jun 2024US$1.6tUS$871.2bUS$50.2b20.1x30.9x1.8x
Sun, 19 May 2024US$1.6tUS$871.5bUS$50.3b21.9x32.4x1.9x
Tue, 16 Apr 2024US$1.6tUS$879.9bUS$52.3b16.8x30.2x1.8x
Thu, 14 Mar 2024US$1.6tUS$880.6bUS$52.4b17.6x29.6x1.8x
Sat, 10 Feb 2024US$1.4tUS$875.5bUS$60.5b18.4x23.8x1.6x
Mon, 08 Jan 2024US$1.5tUS$906.1bUS$63.4b18.1x23.3x1.6x
Wed, 06 Dec 2023US$1.4tUS$911.0bUS$63.7b16.8x22.3x1.6x
Fri, 03 Nov 2023US$1.3tUS$911.3bUS$61.9b13.7x21x1.4x
Sun, 01 Oct 2023US$1.3tUS$894.2bUS$63.5b14.3x20.6x1.5x
Tue, 29 Aug 2023US$1.3tUS$887.3bUS$63.3b14.8x21.1x1.5x
Thu, 27 Jul 2023US$1.4tUS$925.5bUS$72.2b14.1x20x1.6x
Sat, 24 Jun 2023US$1.3tUS$936.7bUS$76.8b12.5x17.3x1.4x
Mon, 22 May 2023US$1.3tUS$934.7bUS$77.1b12.8x17.1x1.4x
Wed, 19 Apr 2023US$1.4tUS$952.5bUS$88.2b12.3x15.7x1.5x
Price to Earnings Ratio

15.7x


Total Market Cap: US$1.4tTotal Earnings: US$88.2bTotal Revenue: US$952.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Materials Sector Price to Earnings3Y Average 32.3x202420252026
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 46.7x which is higher than its 3-year average PE of 32.3x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 21% 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 Market3.38%
Materials4.02%
Basic Materials8.76%
Metals and Mining6.48%
Paper and Forestry Products4.14%
Packaging3.64%
Chemicals0.89%
Industry PE
  • Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 45.5x.
    • Analysts are expecting annual earnings growth of 21.0%, which is higher than its past year's earnings decline of 2.5% per year.
  • Investors are most pessimistic about the Basic Materials industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 23.7x.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings decline of 61% 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
SCCO Southern CopperUS$192.568.3%
+US$12.2b		136.1%PE36.7x
FCX Freeport-McMoRanUS$67.8010.5%
+US$9.2b		103.3%PE44.4x
CRH CRHUS$117.8912.7%
+US$8.9b		39.1%PE21.2x
NEM NewmontUS$120.906.0%
+US$6.5b		119.9%PE18.3x
AEM Agnico Eagle MinesUS$218.754.9%
+US$5.1b		85.9%PE24.6x

Latest News

DOW
US$39.01
Dow
7D
-5.8%
1Y
37.2%
ALB
US$173.64
Albemarle
7D
-2.5%
1Y
206.4%

Albemarle: Why Sodium-Ion Technology Makes This Lithium Giant A Value Trap

Apr 09
HCC
US$88.35
Warrior Met Coal
7D
-6.9%
1Y
86.5%
LYB
US$73.72
LyondellBasell Industries
7D
-7.4%
1Y
29.6%

LyondellBasell: Profits Should Surge On The Back Of Iran Impact

Apr 08
SHW
US$336.11
Sherwin-Williams
7D
5.7%
1Y
-0.2%

SHW: Fair Valuation Balances Execution Risks With Dividend And Buyback Support

Analysts have trimmed Sherwin-Williams' fair value estimate by about $3 to $317.76, reflecting recent cuts to Street price targets along with updated assumptions for discount rate, revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research on Sherwin-Williams shows a shift in tone, with several bearish analysts cutting price targets and questioning how much upside is left at current valuations.
CF
US$121.32
CF Industries Holdings
7D
-6.7%
1Y
68.5%

CF: DOJ Price Fixing Probe Will Eventually Pressure Elevated Nitrogen Premium

CF Industries' updated analyst price target has moved about $7 higher, as analysts weigh higher implied fair value, slightly lower discount rates, firmer margin expectations, and a lower assumed future P/E against mixed views on nitrogen pricing and geopolitical risk. Analyst Commentary Recent research on CF Industries shows a cluster of higher price targets, but with a split view on how durable current conditions may be and how much upside is already reflected in the share price.
SCCO
US$192.56
Southern Copper
7D
8.3%
1Y
136.1%

SCCO: Rich Margins And Cash Returns Will Likely Limit Overheated Upside

Analysts have adjusted the price target for Southern Copper slightly higher to $153 from about $150, reflecting updated fair value estimates, a modestly higher assumed future P/E, and a higher discount rate after a mix of recent target hikes and downgrades across the Street. Analyst Commentary Recent Street research around Southern Copper shows a split view, with some firms lifting price targets on stronger valuation cases and others turning more cautious on execution and near term fundamentals.
NEM
US$120.90
Newmont
7D
6.0%
1Y
119.9%

NEM: Higher Gold Price Hopes And New CEO Agenda Will Strain Expectations

Narrative Update: Newmont The analyst price target for Newmont has been cut by about $2.80 to $89.56 as analysts balance a higher discount rate and softer revenue growth expectations with stronger projected profit margins and a lower future P/E, informed by recent mixed price target revisions across the Street. Analyst Commentary Recent research on Newmont reflects a wide range of price targets, with some firms setting figures well above US$150 and others trimming estimates.
FCX
US$67.80
Freeport-McMoRan
7D
10.5%
1Y
103.3%

FCX: Copper Upswing And Grasberg Agreement Will Shape Balanced Future Returns

Narrative Update The updated analyst price target for Freeport-McMoRan reflects a modest adjustment in fair value to $67.40. This is supported by recent research that cites higher copper price assumptions, Grasberg clarity in Indonesia, and a series of price target revisions across the Street.
MOS
US$24.76
Mosaic
7D
-5.4%
1Y
-4.1%

MOS: Margin Reset And Sector Tailwinds Will Support Future Repricing

Analysts have adjusted Mosaic's fair value estimate to $40.00 from $38.20, citing shifts in fertilizer pricing expectations, updated views on revenue growth and margins, and a higher discount rate that reflects recent sector downgrades along with select price target increases. Analyst Commentary Recent Street research paints a mixed picture for Mosaic, with several downgrades on margin and earnings concerns alongside a cluster of more constructive views that focus on reset expectations, improved cash generation, and higher valuation benchmarks for fertilizer names.
AEM
US$218.75
Agnico Eagle Mines
7D
4.9%
1Y
85.9%

AEM: Exploration Program And Dividend Increases Will Drive Future Senior Gold Repricing

Analysts have trimmed the average price target for Agnico Eagle Mines by $30. This reflects updated metal price forecasts, refreshed company models, and a mix of recent rating changes across the coverage universe.
AU
US$109.25
AngloGold Ashanti
7D
7.9%
1Y
155.3%

AU: New Arthur Project And Dividend Stream Will Support Future Upside

Analysts now place AngloGold Ashanti's fair value at $121.86, up from $98. This reflects updated assumptions around revenue growth, profit margins, a slightly adjusted discount rate, and a lower future P/E multiple.
NUE
US$186.12
Nucor
7D
7.9%
1Y
67.3%
CRH
US$117.89
CRH
7D
12.7%
1Y
39.1%

CRH: Delisting And Buybacks Will Support Future Shareholder Returns

Analysts have maintained their price target on CRH at $142.41, citing only minor adjustments to discount rate, revenue growth and profit margin assumptions that do not materially change their overall valuation view. What's in the News CRH plans to fully delist from the London Stock Exchange, with the last trading day for its ordinary shares on April 17, 2026, and the delisting effective April 20, 2026, following a review of trading activity and listing costs (Key Developments).
CTVA
US$83.83
Corteva
7D
-1.9%
1Y
41.4%

CTVA: Crop Protection Uncertainty And SpinCo Separation Will Shape Future Risk Balance

The analyst price target for Corteva has been nudged higher, with a modest fair value uplift to $83.95 as analysts balance a series of recent target increases from multiple firms against more cautious views tied to softer crop protection trends. Analyst Commentary Recent research on Corteva reflects a split view, with several firms lifting price targets while others turn more cautious on near term fundamentals, especially in crop protection.
YDDL
US$5.16
One and one Green Technologies
7D
-61.2%
1Y
n/a