U.S. Industrial Gases Industry Analysis
UpdatedJul 09, 2024
DataAggregated Company Financials
Companies5
- 7D1.9%
- 3M-2.7%
- 1Y10.4%
- YTDn/a
The Industrial Gases industry has stayed flat over the last week. As for the the longer term, the industry is up 11% over the past 12 months. Earnings are forecast to grow by 9.2% annually.
Industry Valuation and Performance
Has the U.S. Industrial Gases Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 09 Jul 2024 | US$265.6b | US$44.9b | US$8.8b | 28.1x | 30.3x | 5.9x |
| Thu, 06 Jun 2024 | US$267.3b | US$44.9b | US$8.8b | 28.8x | 30.5x | 6x |
| Sat, 04 May 2024 | US$255.9b | US$44.9b | US$8.8b | 27.2x | 29.2x | 5.7x |
| Mon, 01 Apr 2024 | US$277.5b | US$45.3b | US$8.5b | 29.6x | 32.5x | 6.1x |
| Wed, 28 Feb 2024 | US$266.8b | US$45.3b | US$8.5b | 28.5x | 31.3x | 5.9x |
| Fri, 26 Jan 2024 | US$251.8b | US$45.1b | US$8.3b | 29.1x | 30.4x | 5.6x |
| Sun, 24 Dec 2023 | US$259.8b | US$45.1b | US$8.3b | 29.9x | 31.4x | 5.8x |
| Tue, 21 Nov 2023 | US$257.8b | US$45.1b | US$8.3b | 29.6x | 31.1x | 5.7x |
| Thu, 19 Oct 2023 | US$244.2b | US$46.1b | US$7.9b | 30.4x | 31x | 5.3x |
| Sat, 16 Sep 2023 | US$255.3b | US$46.1b | US$7.9b | 32.3x | 32.4x | 5.5x |
| Mon, 14 Aug 2023 | US$250.5b | US$46.1b | US$7.9b | 31.1x | 31.8x | 5.4x |
| Wed, 12 Jul 2023 | US$243.7b | US$46.5b | US$6.7b | 34.8x | 36.6x | 5.2x |
| Fri, 09 Jun 2023 | US$240.3b | US$46.5b | US$6.7b | 34.3x | 36.1x | 5.2x |
| Sun, 07 May 2023 | US$245.3b | US$46.2b | US$6.7b | 34.6x | 36.4x | 5.3x |
| Tue, 04 Apr 2023 | US$240.4b | US$46.2b | US$6.4b | 35.5x | 37.6x | 5.2x |
| Thu, 02 Mar 2023 | US$236.3b | US$46.2b | US$6.4b | 35x | 36.9x | 5.1x |
| Sat, 28 Jan 2023 | US$229.7b | US$46.5b | US$6.1b | 36.4x | 37.7x | 4.9x |
| Mon, 26 Dec 2022 | US$231.5b | US$46.5b | US$6.1b | 36.5x | 38x | 5x |
| Wed, 23 Nov 2022 | US$236.5b | US$46.5b | US$6.1b | 37.1x | 38.9x | 5.1x |
| Fri, 21 Oct 2022 | US$193.0b | US$44.6b | US$5.8b | 31.6x | 33.4x | 4.3x |
| Sun, 18 Sep 2022 | US$195.6b | US$44.6b | US$5.8b | 32.1x | 33.8x | 4.4x |
| Tue, 16 Aug 2022 | US$215.1b | US$44.6b | US$5.8b | 35.5x | 37.2x | 4.8x |
| Thu, 14 Jul 2022 | US$187.9b | US$43.1b | US$6.2b | 28.7x | 30.3x | 4.4x |
| Sat, 11 Jun 2022 | US$210.8b | US$43.1b | US$6.2b | 32x | 34x | 4.9x |
| Mon, 09 May 2022 | US$207.3b | US$43.1b | US$6.2b | 31.3x | 33.5x | 4.8x |
| Wed, 06 Apr 2022 | US$217.8b | US$41.7b | US$5.9b | 34.4x | 36.7x | 5.2x |
| Fri, 04 Mar 2022 | US$197.2b | US$41.8b | US$5.9b | 31.2x | 33.3x | 4.7x |
| Sun, 30 Jan 2022 | US$221.6b | US$40.1b | US$5.6b | 37.6x | 39.7x | 5.5x |
| Tue, 28 Dec 2021 | US$241.9b | US$40.1b | US$5.6b | 41x | 43.3x | 6x |
| Thu, 25 Nov 2021 | US$233.2b | US$40.1b | US$5.6b | 39.7x | 41.7x | 5.8x |
| Sat, 23 Oct 2021 | US$225.5b | US$38.8b | US$5.2b | 41x | 43.1x | 5.8x |
| Mon, 20 Sep 2021 | US$217.0b | US$38.8b | US$5.2b | 39x | 41.4x | 5.6x |
| Wed, 18 Aug 2021 | US$219.9b | US$38.8b | US$5.2b | 39.7x | 42.3x | 5.7x |
Price to Earnings Ratio
42.7x
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 30.3x which is lower than its 3-year average PE of 35.3x.
- The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 5.9x.
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 Market | 1.77% | |
| Materials | 1.89% | |
| Chemicals | 1.19% | |
| Industrial Gases | 1.89% | |
| Specialty Chemicals | 1.94% | |
| Commodity Chemicals | -0.024% | |
| Diversified Chemicals | -2.20% | |
| Fertilizers and Agricultural Chemicals | -2.84% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LIN Linde | US$435.74 | 1.6% +US$3.3b | 18.6% | PE33.2x | |
| APD Air Products and Chemicals | US$254.90 | 3.1% +US$1.7b | -12.1% | PE23x |