Basic Materials - Quarterly Net Income Analysis

Last updated 2024-11-22 03:39:48 (EST)

Quarterly Net Income Trend Analysis

Overall Quarterly Net Income Growth Trend of Basic Materials Sector Companies.

Trend Chart of Adjusted Quarterly Net Income vs. Stock Price Trend Chart for Basic Materials Sector ETF (XLB)

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Seasonally Adjusted Quarterly Net Income Growth Rate


QoQ Growth Rate of Net Income	-0.4%
YoY Growth Rate of Net Income	7.5%

Correlation Analysis between Quarterly Revenue and Stock Price

Determine the correlation between the stock price of the Basic Materials Sector ETF (XLB) and the seasonally adjusted overall quarterly net income of Basic Materials sector companies. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.

Scatter Plot of Basic Materials Seasonally Adjusted Quarterly Net Income vs. Stock Price for Basic Materials Sector

Basic Materials Seasonally Adjusted Quarterly Net Income and stock price of Basic Materials Sector show a Low Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Basic Materials Seasonally Adjusted Quarterly Net Income and Stock Price

Low Correlation 0.37

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Related Stocks

Related Basic Materials sector stocks, along with their quarterly revenue growth rates (QoQ and YoY).

Ticker	Name	QoQ Growth Rate of Seasonally Adjusted Quarterly Revenue	YoY Growth Rate of Seasonally Adjusted Quarterly Revenue
MOS	The Mosaic Company	Turn Losses into Profits	Turn Loss into Profit
PAAS	Pan American Silver Corp.	Turn Losses into Profits	Turn Loss into Profit
SUZ	Suzano S.A.	Turn Losses into Profits	Turn Loss into Profit
TX	Ternium S.A.	Turn Losses into Profits	Turn Loss into Profit
AA	Alcoa Corporation	970.7%	Turn Loss into Profit
BHP	BHP Group Limited	717.1%	-48.3%
HMY	Harmony Gold Mining Company Limited	658%	-55.2%
CRH	CRH plc	355%	8.2%
CF	CF Industries Holdings, Inc.	246.4%	68.3%
CX	CEMEX, S.A.B. de C.V.	181.8%	222.3%
APD	Air Products and Chemicals, Inc.	160.5%	181.5%
DD	DuPont de Nemours, Inc.	145.7%	42.3%
GGB	Gerdau S.A.	94.4%	-14.8%
FNV	Franco-Nevada Corporation	82.8%	-12.8%
KGC	Kinross Gold Corporation	65.3%	223.9%
CMC	Commercial Metals Company	65%	-43.6%
WPM	Wheaton Precious Metals Corp.	64.6%	32.9%
AU	AngloGold Ashanti Limited	53.8%	Turn Loss into Profit
MT	ArcelorMittal S.A.	37.8%	-69.1%
RPM	RPM International Inc.	36.9%	13.2%
GOLD	Barrick Gold Corporation	34.5%	31.2%
AEM	Agnico Eagle Mines Limited	23.6%	217.5%
NEM	Newmont Corporation	15.5%	483.5%
ECL	Ecolab Inc.	14.7%	82.3%
MLM	Martin Marietta Materials, Inc.	12.5%	-12.9%
BCPC	Balchem Corporation	8.6%	16.4%
RGLD	Royal Gold, Inc.	6.2%	28%
ICL	ICL Group Ltd	-0.1%	-17.5%
RIO	Rio Tinto Group	-2%	-34.8%
RS	Reliance Steel & Aluminum Co.	-2.6%	-32.5%
SCCO	Southern Copper Corporation	-2.9%	44.7%
UFPI	UFP Industries, Inc.	-8.2%	-25.5%
SQM	Sociedad Química y Minera de Chile S.A.	-8.3%	-72.6%
UNVR	Univar Solutions Inc.	-8.5%	-46.1%
EXP	Eagle Materials Inc.	-8.9%	-4.7%
PPG	PPG Industries, Inc.	-9.5%	9.9%
CBT	Cabot Corporation	-9.6%	-41.5%
SHW	The Sherwin-Williams Company	-10.9%	5.9%
AXTA	Axalta Coating Systems Ltd.	-13.6%	38.5%
PKX	POSCO Holdings Inc.	-17.3%	-7.2%
LYB	LyondellBasell Industries N.V.	-21.1%	-23.4%
LIN	Linde plc	-25.1%	-1%
STLD	Steel Dynamics, Inc.	-26.1%	-44.9%
KNF	Knife River Corporation	-26.5%	1%
VALE	Vale S.A.	-33.5%	-15%
FCX	Freeport-McMoRan Inc.	-35%	15.9%
CE	Celanese Corporation	-36.2%	-87.8%
VMC	Vulcan Materials Company	-37.2%	-24.9%
EMN	Eastman Chemical Company	-38.9%	1.1%
SUM	Summit Materials, Inc.	-43.8%	-54.3%
GFI	Gold Fields Limited	-47.1%	-23.7%
X	United States Steel Corporation	-52.7%	-60.2%
DOW	Dow Inc.	-53.4%	-30.1%
FMC	FMC Corporation	-55.9%	Turn Loss into Profit
JHX	James Hardie Industries plc	-56.8%	-45%
AGI	Alamos Gold Inc.	-59.6%	114.5%
NUE	Nucor Corporation	-62.4%	-78.1%
IFF	International Flavors & Fragrances Inc.	-63.3%	136%
ESI	Element Solutions Inc	-64.3%	Turn Loss into Profit
WLK	Westlake Corporation	-66.4%	-62.1%
AVTR	Avantor, Inc.	-72.3%	-46.7%
ALTM	Arcadium Lithium plc	-77.3%	-81.6%
NTR	Nutrien Ltd.	-85.7%	-76%
AUY	Yamana Gold Inc.	-100%	-100%
CLF	Cleveland-Cliffs Inc.	-100%	-100%
CTVA	Corteva, Inc.	-100%	-
TECK	Teck Resources Limited	-100%	-100%
WFG	West Fraser Timber Co. Ltd.	-100%	-100%
ALB	Albemarle Corporation	-	-100%
IKNX	IKONICS Corporation	-	-

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.