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Materials, in the accounts

35 companies · each one's last fiscal year · from their SEC filings

Materials has 35 companies with five or more years of accounts filed with the SEC. The median one grew revenue +4% in its last fiscal year and kept 12% of it as operating profit; a quarter of them kept more than 22%. The median return on invested capital is 10%, with the middle half of the sector between 1% and 18%. Net debt is 0.6 times EBITDA at the median company.

Revenue growth, last year +4% middle half: -2% to +9% · 35 companies
Gross margin 31% middle half: 20% to 36% · 27 companies
Operating margin 12% middle half: 2% to 22% · 35 companies
Free cash flow margin 8% middle half: 2% to 15% · 34 companies
Return on invested capital 10% middle half: 1% to 18% · 31 companies
Net debt to EBITDA 0.6× middle half: -0.1× to 2.3× · 31 companies
R&D as a share of revenue 1% middle half: 1% to 3% · 22 companies
Stock compensation as a share of revenue 1% middle half: 0% to 1% · 34 companies

The companies

Largest first. Each figure is the company's last fiscal year, as filed; open a company for its ten years.

CompanyRevenueGrowthOperating marginFCF marginROICNet debt / EBITDA
LIN Linde plc 2025 34.0B +3% 26% 15% 11% 1.4×
SCCO Southern Copper CORP/ 2025 13.4B +17% 52% 26% 25% 0.3×
GLW Corning Inc 2025 15.6B +19% 15% 9% 15% -0.2×
NEM Newmont Corp 2025 22.7B +21% 50% 32% 17% -0.2×
FCX FREEPORT-MCMORAN Inc 2025 25.2B +0% 26% 4% 15% 0.6×
HWM Howmet Aerospace Inc. 2025 8.3B +11% 25% 17% 20% 1.0×
APD Air Products & Chemicals, Inc. 2025 12.0B -1% -7% -31% -7% -2.7×
NUE Nucor Corp 2025 32.5B +6% 8% -1% 10% -0.6×
NKE Nike, Inc. 2026 46.4B +0% 8% 5% 14% 0.1×
MLM Martin Marietta Materials Inc 2025 6.2B +9% 23% 16% 8% 2.5×
STLD Steel Dynamics Inc 2025 18.2B +4% 8% 3% 9% 1.7×
KMB Kimberly Clark Corp 2025 16.4B -2% 14% 10% 76% 0.0×
VMC Vulcan Materials Co 2025 7.9B +7% 20% 14% 10% 1.8×
ATI ATI Inc 2025 4.6B +5% 14% 7% 28% -0.5×
ENTG Entegris Inc 2025 3.2B -1% 14% 12% 6% 5.0×
IFF International Flavors & Fragrances Inc 2025 10.9B -5% -4% 2% -2% 9.3×
CRS Carpenter Technology Corp 2026 3.1B +9% 22% 12% 19% 0.4×
LYB LyondellBasell Industries N.V. 2025 30.2B -10% -1% 1% -4% -3.3×
DD DuPont de Nemours, Inc. 2025 6.8B +2% 3% 3% 1% -0.8×
MLI Mueller Industries Inc 2025 4.2B +11% 23% 16% 23% -1.3×
CSL Carlisle Companies Inc 2025 5.0B +0% 20% 19% 17% 1.5×
RPM RPM International Inc 2026 7.9B +7% 12% 9% 20% 0.1×
AA Alcoa Corp 2025 12.8B +8% 10% 4% 14% 0.5×
DECK Deckers Outdoor Corp 2026 5.5B +10% 23% 20% — —
MP MP Materials Corp. / DE 2025 224.4M +10% -67% -146% -6% 2.8×
ESI Element Solutions Inc 2025 2.6B +4% 13% 9% 6% 2.0×
MOS Mosaic Co 2025 12.1B +8% 7% -4% 3% 0.3×
ROG Rogers Corp 2025 810.8M -2% -6% 9% — —
NWL Newell Brands Inc. 2025 7.2B -5% 1% 0% 1% 12.8×
IOSP Innospec Inc. 2025 1.8B -4% 7% 5% — —
HUN Huntsman Corp 2025 5.7B -6% -2% 2% -3% 10.1×
GT Goodyear Tire & Rubber Co 2025 18.3B -3% 2% -0% 42% 4.1×
MUX McEwen Inc. 2025 197.6M +13% 1% — -1% 2.5×
METC Ramaco Resources, Inc. 2025 536.6M -19% -10% -11% -7% 2.2×
UAN CVR Partners, LP 2025 606.0M +15% 21% 16% — —

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Sectors are grouped from each company's SEC industry code — our own grouping of public data, not the GICS classification. Only companies that file their accounts with the US Securities and Exchange Commission are covered: their filings are public, so they can be shown to anyone. A European share or an ETF files elsewhere, and is not here. Nothing on these pages is a recommendation to buy or sell anything.