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U.S. Materials Sector Analysis

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies434
  • 7D-0.4%
  • 3M-2.2%
  • 1Y13.2%
  • YTD4.6%

Over the last 7 days, the Materials industry has remained flat, although notably Freeport-McMoRan declined by 3.3%. As for the the longer term, the industry is up 13% over the past 12 months. 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
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
Mon, 17 Apr 2023US$1.4tUS$952.6bUS$88.1b12.3x15.6x1.4x
Wed, 15 Mar 2023US$1.3tUS$952.6bUS$88.4b11.6x15x1.4x
Fri, 10 Feb 2023US$1.4tUS$956.5bUS$91.1b11.7x15.3x1.5x
Sun, 08 Jan 2023US$1.4tUS$967.4bUS$95.5b11.8x14.2x1.4x
Tue, 06 Dec 2022US$1.4tUS$965.0bUS$94.6b11.5x14.4x1.4x
Thu, 03 Nov 2022US$1.2tUS$961.2bUS$96.9b10.6x12.6x1.3x
Sat, 01 Oct 2022US$1.1tUS$954.6bUS$102.8b9.9x11.2x1.2x
Mon, 29 Aug 2022US$1.3tUS$954.5bUS$102.9b11.9x12.9x1.4x
Wed, 27 Jul 2022US$1.3tUS$920.1bUS$99.8b12.8x12.7x1.4x
Fri, 24 Jun 2022US$1.2tUS$895.8bUS$97.3b11.9x12.6x1.4x
Sun, 22 May 2022US$1.4tUS$895.0bUS$97.3b13x14.2x1.5x
Tue, 19 Apr 2022US$1.5tUS$841.4bUS$84.5b17.2x18x1.8x
Thu, 17 Mar 2022US$1.4tUS$849.7bUS$87.1b16.1x16.5x1.7x
Sat, 12 Feb 2022US$1.4tUS$824.8bUS$83.6b17.6x16.9x1.7x
Mon, 10 Jan 2022US$1.5tUS$800.6bUS$79.0b18.4x18.7x1.8x
Wed, 08 Dec 2021US$1.4tUS$796.1bUS$78.7b18.6x18.1x1.8x
Fri, 05 Nov 2021US$1.5tUS$790.5bUS$75.7b17.9x19.2x1.8x
Sun, 03 Oct 2021US$1.3tUS$726.6bUS$59.0b17.7x22.9x1.9x
Tue, 31 Aug 2021US$1.4tUS$724.0bUS$59.4b17.9x24x2x
Wed, 07 Jul 2021US$1.4tUS$717.3bUS$58.1b19.2x23.9x1.9x
Price to Earnings Ratio

23.9x


Total Market Cap: US$1.4tTotal Earnings: US$58.1bTotal Revenue: US$717.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Materials Sector Price to Earnings3Y Average 21.6x202220232024
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 30.9x which is higher than its 3-year average PE of 21.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 4.8% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Materials sector?

US Market1.63%
Materials-0.36%
Basic Materials1.89%
Chemicals-0.40%
Metals and Mining-0.61%
Packaging-1.33%
Paper and Forestry Products-2.50%
Industry PE
  • Investors are most optimistic about the Paper and Forestry Products industry which is trading above its 3-year average PE ratio of 12.7x.
    • Analysts are expecting annual earnings growth of 20.8%, which is higher than its past year's earnings decline of 45.6% per year.
  • Investors are most pessimistic about the Basic Materials industry, which is trading below its 3-year average of 25.9x.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 6.3% 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$440.021.0%
+US$2.2b
19.4%PE33.5x
VMC Vulcan MaterialsUS$255.614.5%
+US$1.5b
22.5%PE36.5x
NEM NewmontUS$41.792.8%
+US$1.3b
-3.0%PS3.7x
SHW Sherwin-WilliamsUS$300.191.4%
+US$1.1b
20.9%PE31.5x
ESI Element SolutionsUS$27.8517.4%
+US$997.3m
47.5%PE52.2x
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Latest News

CF

US$73.55

CF Industries Holdings

7D

-4.2%

1Y

2.5%

ESI

US$27.85

Element Solutions

7D

17.4%

1Y

47.5%

STLD

US$125.00

Steel Dynamics

7D

2.9%

1Y

23.8%

ALB

US$99.54

Albemarle

7D

-12.7%

1Y

-57.1%

BALL

US$62.26

Ball

7D

-8.3%

1Y

11.2%

ECL

US$243.29

Ecolab

7D

1.1%

1Y

34.7%

EMN

US$99.00

Eastman Chemical

7D

-4.3%

1Y

23.3%

MLM

US$558.62

Martin Marietta Materials

7D

2.3%

1Y

29.9%