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U.S. Materials Sector Analysis

UpdatedJul 02, 2026
DataAggregated Company Financials
Companies444
  • 7D-0.5%
  • 3M-2.5%
  • 1Y17.2%
  • YTD7.5%

Last week, the Materials industry hasn't moved much but Linde is up 3.5% in that time. The past year has been better, since the industry has gained 19% in that time. As for the next few years, earnings are expected to grow by 16% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Jul 2026US$1.9tUS$864.1bUS$53.8b21.5x35.2x2.2x
Sat, 30 May 2026US$2.0tUS$863.8bUS$53.8b21.8x36.6x2.3x
Mon, 27 Apr 2026US$2.0tUS$845.1bUS$44.9b22.3x44.2x2.4x
Wed, 25 Mar 2026US$1.8tUS$845.8bUS$43.6b20.5x41.5x2.1x
Fri, 20 Feb 2026US$2.0tUS$851.8bUS$43.6b23.5x46.9x2.4x
Sun, 18 Jan 2026US$1.9tUS$853.2bUS$46.1b24.2x41.5x2.2x
Tue, 16 Dec 2025US$1.7tUS$852.8bUS$45.8b23.8x37.4x2x
Thu, 13 Nov 2025US$1.6tUS$852.2bUS$46.0b22.6x35.7x1.9x
Sat, 11 Oct 2025US$1.7tUS$836.0bUS$47.0b23.8x35.8x2x
Mon, 08 Sep 2025US$1.7tUS$837.9bUS$47.3b23.8x35.4x2x
Wed, 06 Aug 2025US$1.6tUS$841.2bUS$47.5b21.7x33.1x1.9x
Fri, 04 Jul 2025US$1.6tUS$835.7bUS$48.4b23.2x33.5x1.9x
Sun, 01 Jun 2025US$1.5tUS$852.8bUS$48.5b20.6x31.5x1.8x
Tue, 29 Apr 2025US$1.5tUS$865.1bUS$55.8b20.1x26.7x1.7x
Thu, 27 Mar 2025US$1.6tUS$869.1bUS$53.9b21.5x28.9x1.8x
Sat, 22 Feb 2025US$1.6tUS$869.9bUS$54.4b21x29x1.8x
Mon, 20 Jan 2025US$1.6tUS$873.2bUS$49.2b19.9x32.2x1.8x
Wed, 18 Dec 2024US$1.6tUS$876.1bUS$49.7b20.7x31.9x1.8x
Fri, 15 Nov 2024US$1.7tUS$877.4bUS$50.3b21.1x32.8x1.9x
Sun, 13 Oct 2024US$1.7tUS$875.5bUS$50.5b21.9x33.8x2x
Tue, 10 Sep 2024US$1.6tUS$870.5bUS$49.8b20.7x31.7x1.8x
Thu, 08 Aug 2024US$1.6tUS$871.0bUS$49.9b19.5x31.2x1.8x
Sat, 06 Jul 2024US$1.5tUS$873.5bUS$49.9b19.5x31x1.8x
Mon, 03 Jun 2024US$1.6tUS$871.4bUS$50.2b22.1x32.1x1.8x
Wed, 01 May 2024US$1.6tUS$878.5bUS$50.4b16.8x30.8x1.8x
Fri, 29 Mar 2024US$1.6tUS$880.4bUS$52.2b18.3x30.9x1.8x
Sun, 25 Feb 2024US$1.5tUS$872.1bUS$51.6b19.4x29x1.7x
Tue, 23 Jan 2024US$1.5tUS$905.8bUS$63.4b17.8x22.9x1.6x
Thu, 21 Dec 2023US$1.5tUS$906.1bUS$63.0b18.1x23.8x1.7x
Sat, 18 Nov 2023US$1.4tUS$908.2bUS$63.8b16.6x21.6x1.5x
Mon, 16 Oct 2023US$1.3tUS$893.9bUS$63.4b13.1x20.3x1.4x
Wed, 13 Sep 2023US$1.4tUS$889.7bUS$62.9b13.6x21.5x1.5x
Fri, 11 Aug 2023US$1.4tUS$888.2bUS$63.5b14.3x21.6x1.5x
Sun, 09 Jul 2023US$1.4tUS$936.0bUS$76.9b13.8x17.8x1.5x
Price to Earnings Ratio

17.8x


Total Market Cap: US$1.4tTotal Earnings: US$76.9bTotal Revenue: US$936.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Materials Sector Price to Earnings3Y Average 33.9x202420252026
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 33.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
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 Market1.64%
Materials-0.52%
Chemicals1.75%
Packaging1.13%
Metals and Mining-2.22%
Paper and Forestry Products-2.57%
Basic Materials-5.32%
Industry PE
  • Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 50.2x.
    • Analysts are expecting annual earnings growth of 16.5%, 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 12% 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$533.553.5%
+US$8.2b		11.8%PE34.8x
APD Air Products and ChemicalsUS$306.409.9%
+US$6.2b		5.5%PE32.3x
SHW Sherwin-WilliamsUS$346.053.9%
+US$3.2b		-1.8%PE32.6x
CTVA CortevaUS$83.544.3%
+US$2.3b		8.5%PE44.6x
IFF International Flavors & FragrancesUS$81.157.0%
+US$1.4b		5.9%PE25.1x

Latest News

FCX
US$60.53
Freeport-McMoRan
7D
-2.1%
1Y
32.2%
SHW
US$346.05
Sherwin-Williams
7D
3.9%
1Y
-1.8%
APD
US$306.40
Air Products and Chemicals
7D
9.9%
1Y
5.5%
LIN
US$533.55
Linde
7D
3.5%
1Y
11.8%
CTVA
US$83.54
Corteva
7D
4.3%
1Y
8.5%
DOW
US$27.02
Dow
7D
-8.0%
1Y
-6.0%
Seeking Alpha • Jul 01

Dow: Equipped To Survive The Downcycle

Summary Dow Inc. is upgraded to Buy as geopolitical supply shocks and a major legal windfall have de-risked its balance sheet and dividend. DOW benefits from North American ethane-based production as global oil-linked costs rise, widening integrated margins and driving record polyethylene sales growth. Cost-cutting initiatives, including $1B in annual savings and European asset rationalization, are ahead of schedule, structurally lowering DOW's breakeven and enhancing future operating leverage. Valuation is attractive: DOW trades at low multiples on depressed EBITDA, with normalization and cost savings potentially compressing EV/EBITDA to 5–6x versus historical 7–8x. Read the full article on Seeking Alpha
IFF
US$81.15
International Flavors & Fragrances
7D
7.0%
1Y
5.9%
AMCR
US$43.64
Amcor
7D
4.6%
1Y
-9.9%
MLM
US$579.24
Martin Marietta Materials
7D
-6.1%
1Y
3.7%
Narrative Update • Jun 30

MLM: Lhoist Deal And Infrastructure Demand Will Support Long Term Upside

Analysts have modestly reduced their fair value estimate for Martin Marietta Materials by about $17 to roughly $683, reflecting slightly lower assumptions for revenue growth and profit margins while still acknowledging the company’s strong aggregates position and competitive moat highlighted in recent research coverage. Analyst Commentary Recent research on Martin Marietta Materials shows a mix of optimism about the company’s core aggregates business and caution around valuation and macro sensitivities, which together help explain the modest trim to fair value estimates.
CDE
US$16.54
Coeur Mining
7D
6.9%
1Y
84.2%
SCCO
US$168.80
Southern Copper
7D
-1.8%
1Y
65.1%
VMC
US$295.03
Vulcan Materials
7D
-4.0%
1Y
11.0%
NUE
US$219.02
Nucor
7D
-8.9%
1Y
57.7%
AU
US$80.89
AngloGold Ashanti
7D
2.9%
1Y
73.4%
STLD
US$221.76
Steel Dynamics
7D
-8.1%
1Y
65.4%
Seeking Alpha • Jun 25

Steel Dynamics Offers Solid Fundamentals And A Potential Short-Term Buying Opportunity

Summary Steel Dynamics remains a hold, with a 10% further decline targeted as an attractive entry amid recent Q2 guidance and market volatility. STLD's Q1 saw revenues up 19% to $5.2B and net earnings doubling, driven by broad-based growth and a rapidly expanding aluminum segment. STLD's recycling-based model offers a structural cost advantage as energy prices rise, supporting long-term outperformance versus peers like Nippon Steel. I plan incremental buying if STLD declines by over 20% from highs, balancing downside risk with superior profitability and a forward P/E of 15. Read the full article on Seeking Alpha
CRH
US$105.19
CRH
7D
-6.1%
1Y
11.3%
Narrative Update • Jun 25

CRH: Arcosa Acquisition Will Support Stronger Future Shareholder Returns

Analysts have made a small upward adjustment to the CRH price target, moving it from $142.66 to $142.95. This reflects slightly different assumptions around discount rate, revenue growth, profit margin, and future P/E.