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U.S. Industrial Gases Industry Analysis

UpdatedJun 18, 2024
DataAggregated Company Financials
Companies5
  • 7D0.8%
  • 3M-2.0%
  • 1Y10.9%
  • YTDn/a

Over the last 7 days, the Industrial Gases industry has remained flat, although notably Air Products and Chemicals declined by 3.3%. The past year has been better, since the industry has gained 10% in that time. Looking forward, earnings are forecast to grow by 9.3% annually.

Industry Valuation and Performance

Has the U.S. Industrial Gases Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024US$271.2bUS$44.9bUS$8.8b29.1x30.9x6x
Thu, 16 May 2024US$263.0bUS$44.9bUS$8.8b27.8x30x5.9x
Sat, 13 Apr 2024US$270.7bUS$45.3bUS$8.5b28.4x31.7x6x
Mon, 11 Mar 2024US$276.5bUS$45.3bUS$8.5b29.5x32.4x6.1x
Wed, 07 Feb 2024US$250.0bUS$44.9bUS$8.3b27.2x30.1x5.6x
Fri, 05 Jan 2024US$258.3bUS$45.1bUS$8.3b29.7x31.2x5.7x
Sun, 03 Dec 2023US$260.2bUS$45.1bUS$8.3b29.9x31.4x5.8x
Tue, 31 Oct 2023US$246.1bUS$45.4bUS$8.2b29.7x30.1x5.4x
Thu, 28 Sep 2023US$244.9bUS$46.1bUS$7.9b30.5x31.1x5.3x
Sat, 26 Aug 2023US$250.2bUS$46.1bUS$7.9b31.1x31.8x5.4x
Mon, 24 Jul 2023US$255.5bUS$46.5bUS$6.7b36.5x38.4x5.5x
Wed, 21 Jun 2023US$244.8bUS$46.5bUS$6.7b34.9x36.8x5.3x
Fri, 19 May 2023US$241.5bUS$46.5bUS$6.7b34.2x36.3x5.2x
Sun, 16 Apr 2023US$240.6bUS$46.2bUS$6.4b35.4x37.6x5.2x
Tue, 14 Mar 2023US$227.2bUS$46.2bUS$6.4b33.7x35.5x4.9x
Thu, 09 Feb 2023US$228.4bUS$46.2bUS$6.4b34x35.7x4.9x
Sat, 07 Jan 2023US$224.6bUS$46.5bUS$6.1b35.6x36.9x4.8x
Mon, 05 Dec 2022US$237.3bUS$46.5bUS$6.1b37.4x39x5.1x
Wed, 02 Nov 2022US$203.3bUS$45.7bUS$6.1b31.7x33.5x4.4x
Fri, 30 Sep 2022US$185.3bUS$44.6bUS$5.8b30.4x32.1x4.2x
Sun, 28 Aug 2022US$200.5bUS$44.6bUS$5.8b33.1x34.7x4.5x
Tue, 26 Jul 2022US$194.7bUS$43.1bUS$6.2b29.9x31.4x4.5x
Thu, 23 Jun 2022US$202.7bUS$43.1bUS$6.2b30.9x32.7x4.7x
Sat, 21 May 2022US$210.7bUS$43.1bUS$6.2b31.8x34x4.9x
Mon, 18 Apr 2022US$214.8bUS$41.7bUS$5.9b33.9x36.2x5.1x
Wed, 16 Mar 2022US$197.9bUS$41.8bUS$5.9b31.1x33.4x4.7x
Fri, 11 Feb 2022US$212.8bUS$40.7bUS$5.7b35.2x37.5x5.2x
Sun, 09 Jan 2022US$237.0bUS$40.1bUS$5.6b40.2x42.4x5.9x
Tue, 07 Dec 2021US$230.8bUS$40.1bUS$5.6b39.2x41.3x5.8x
Thu, 04 Nov 2021US$235.0bUS$39.6bUS$5.5b40.7x42.6x5.9x
Sat, 02 Oct 2021US$210.0bUS$38.8bUS$5.2b37.8x40.1x5.4x
Mon, 30 Aug 2021US$222.3bUS$38.8bUS$5.2b40x42.8x5.7x
Tue, 06 Jul 2021US$213.3bUS$38.8bUS$5.2b39x41x5.5x
Price to Earnings Ratio

41x


Total Market Cap: US$213.3bTotal Earnings: US$5.2bTotal Revenue: US$38.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrial Gases Industry Price to Earnings3Y Average 35.5x202220232024
Current Industry PE
  • Investors are pessimistic on the American Industrial Gases industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 30.9x which is lower than its 3-year average PE of 35.5x.
  • The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 6.0x.
Past Earnings Growth
  • The earnings for companies in the Industrial Gases industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 5.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Industrial Gases compare with similar industries?

US Market1.61%
Materials-0.81%
Chemicals-0.053%
Industrial Gases0.76%
Specialty Chemicals0.073%
Commodity Chemicals-1.17%
Fertilizers and Agricultural Chemicals-1.72%
Diversified Chemicals-2.72%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LIN LindeUS$440.632.0%
+US$4.1b
17.4%PE33.6x
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