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U.S. Materials Sector Analysis

UpdatedJul 09, 2024
DataAggregated Company Financials
Companies432
  • 7D1.9%
  • 3M-5.2%
  • 1Y10.4%
  • YTD4.1%

Over the last 7 days, the Materials industry has risen 1.2%, driven by gains from Southern Copper of 7.2%. This means that the industry has gained 10% over the past year. Looking forward, earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 09 Jul 2024US$1.5tUS$873.5bUS$49.9b19.5x31x1.8x
Thu, 06 Jun 2024US$1.6tUS$871.3bUS$50.2b22x31.2x1.8x
Sat, 04 May 2024US$1.6tUS$872.6bUS$50.7b18.1x30.7x1.8x
Mon, 01 Apr 2024US$1.6tUS$880.2bUS$52.3b18.3x31x1.8x
Wed, 28 Feb 2024US$1.5tUS$879.2bUS$52.2b18.4x28.6x1.7x
Fri, 26 Jan 2024US$1.4tUS$905.4bUS$62.9b17.4x22.9x1.6x
Sun, 24 Dec 2023US$1.5tUS$906.1bUS$63.0b18.6x23.9x1.7x
Tue, 21 Nov 2023US$1.4tUS$908.1bUS$63.7b16.5x21.7x1.5x
Thu, 19 Oct 2023US$1.3tUS$893.9bUS$63.4b13.3x20.2x1.4x
Sat, 16 Sep 2023US$1.3tUS$889.8bUS$62.9b14.2x21.3x1.5x
Mon, 14 Aug 2023US$1.4tUS$888.2bUS$63.4b14.2x21.6x1.5x
Wed, 12 Jul 2023US$1.4tUS$936.1bUS$76.8b13.5x18x1.5x
Fri, 09 Jun 2023US$1.3tUS$936.9bUS$77.2b13.1x17.3x1.4x
Sun, 07 May 2023US$1.3tUS$934.7bUS$78.2b12.6x17.2x1.4x
Tue, 04 Apr 2023US$1.4tUS$952.4bUS$86.6b12.4x15.9x1.4x
Thu, 02 Mar 2023US$1.4tUS$951.1bUS$85.7b12.3x16.4x1.5x
Sat, 28 Jan 2023US$1.4tUS$962.3bUS$92.2b12.4x15.4x1.5x
Mon, 26 Dec 2022US$1.3tUS$967.3bUS$95.5b11.1x13.8x1.4x
Wed, 23 Nov 2022US$1.4tUS$966.8bUS$95.6b10.5x14.3x1.4x
Fri, 21 Oct 2022US$1.2tUS$956.3bUS$101.8b10.7x11.7x1.2x
Sun, 18 Sep 2022US$1.2tUS$954.5bUS$102.9b10.8x11.9x1.3x
Tue, 16 Aug 2022US$1.4tUS$951.6bUS$102.8b12.4x13.3x1.4x
Thu, 14 Jul 2022US$1.2tUS$895.4bUS$97.3b12.5x12.4x1.4x
Sat, 11 Jun 2022US$1.4tUS$894.2bUS$97.1b13.3x14.1x1.5x
Mon, 09 May 2022US$1.4tUS$888.5bUS$95.5b14.1x14.8x1.6x
Wed, 06 Apr 2022US$1.5tUS$847.9bUS$84.9b16.7x17.8x1.8x
Fri, 04 Mar 2022US$1.4tUS$847.5bUS$86.4b17.7x16.5x1.7x
Sun, 30 Jan 2022US$1.4tUS$815.2bUS$81.3b17x16.8x1.7x
Tue, 28 Dec 2021US$1.5tUS$800.1bUS$78.9b18.9x18.7x1.8x
Thu, 25 Nov 2021US$1.5tUS$796.0bUS$78.7b19.6x18.6x1.8x
Sat, 23 Oct 2021US$1.4tUS$751.6bUS$66.9b17.8x21.3x1.9x
Mon, 20 Sep 2021US$1.4tUS$725.2bUS$59.7b18.7x22.7x1.9x
Wed, 18 Aug 2021US$1.4tUS$724.0bUS$59.4b17.8x23.5x1.9x
Price to Earnings Ratio

23.6x


Total Market Cap: US$1.4tTotal Earnings: US$59.4bTotal Revenue: US$724.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Materials Sector Price to Earnings3Y Average 21.8x202220232024
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 31.0x which is higher than its 3-year average PE of 21.8x.
  • 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 5.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.5% 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 Market1.77%
Materials1.89%
Metals and Mining4.07%
Chemicals1.19%
Packaging0.58%
Basic Materials0.55%
Paper and Forestry Products-1.05%
Industry PE
  • Investors are most optimistic about the Paper and Forestry Products industry which is trading above its 3-year average PE ratio of 13.5x.
    • Analysts are expecting annual earnings growth of 21.5%, 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 25.7x.
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 6.2% 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$116.457.2%
+US$6.1b		65.9%PE38.7x
FCX Freeport-McMoRanUS$51.135.6%
+US$3.9b		31.2%PE44.5x
LIN LindeUS$435.741.6%
+US$3.3b		18.6%PE33.2x
NEM NewmontUS$44.136.0%
+US$2.8b		3.6%PS3.9x
AEM Agnico Eagle MinesUS$69.937.5%
+US$2.4b		41.4%PE74x
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NEM

US$44.13

Newmont

7D

6.0%

1Y

3.6%

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AEM

US$69.93

Agnico Eagle Mines

7D

7.5%

1Y

41.4%

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Jul 05

APD

US$254.90

Air Products and Chemicals

7D

3.1%

1Y

-12.1%

AMR

US$303.94

Alpha Metallurgical Resources

7D

-7.5%

1Y

88.3%

Alpha Metallurgical Resources, Inc.'s (NYSE:AMR) Share Price Is Matching Sentiment Around Its Earnings

Jul 04
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FCX

US$51.13

Freeport-McMoRan

7D

5.6%

1Y

31.2%

SCCO

US$116.45

Southern Copper

7D

7.2%

1Y

65.9%

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Jul 02

HCC

US$70.21

Warrior Met Coal

7D

-4.3%

1Y

74.1%

VMC

US$241.97

Vulcan Materials

7D

-0.7%

1Y

10.3%

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Jul 01
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STLD

US$124.27

Steel Dynamics

7D

-3.8%

1Y

18.1%

Capital Investments At Steel Dynamics (NASDAQ:STLD) Point To A Promising Future

Jun 30
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CTVA

US$51.72

Corteva

7D

-2.5%

1Y

-4.4%

CF

US$69.38

CF Industries Holdings

7D

-5.5%

1Y

-1.0%

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Jun 27
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ECL

US$242.88

Ecolab

7D

3.1%

1Y

32.2%

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Jun 27
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NUE

US$152.47

Nucor

7D

-2.9%

1Y

-7.1%

MOS

US$27.06

Mosaic

7D

-3.2%

1Y

-24.5%

AU

US$28.27

AngloGold Ashanti

7D

12.6%

1Y

n/a

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Jun 17
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LIN

US$435.74

Linde

7D

1.6%

1Y

18.6%

Linde: A Deserved Valuation Premium, Margin Growth Persists

May 20