Materials stocks with the highest free cash flow yield

Ranked

90

of 203 materials stocks we cover

Median

5.7%

Highest

25.8%

FMC

Range

0.1% to 25.8%

#	Company	FCF yield	PE	Revenue growth (TTM)	Market cap
1	FMCFMC, Chemicals	25.8%	n/m	−21.3%	$632.4M
2	KOPKoppers, Paper, Lumber & Forest Products	18.3%	n/m	−5.0%	$759.9M
3	ALTOAlto Ingredients, Chemicals - Specialty	17.8%	5.4×	+1.1%	$280M
4	SNDSmart Sand, Construction Materials	17.2%	18.3×	+26.5%	$201.8M
5	VHIValhi, Chemicals - Specialty	15.5%	n/m	+3.4%	$405.6M
6	LXULSB Industries, Chemicals - Specialty	13.7%	19.8×	+22.1%	$712.1M
7	CECelanese, Chemicals	13.5%	n/m	−2.2%	$5.2B
8	GPREGreen Plains, Chemicals - Specialty	13.0%	8.8×	−23.7%	$979.9M
9	FTLFFitlife Brands, Chemicals	12.8%	13.5×	+60.6%	$78.4M
10	ALBAlbemarle, Chemicals	12.1%	347×	+18.3%	$11.1B
11	UANCVR Partners, Agricultural Inputs	10.9%	8.3×	+17.5%	$1.3B
12	CFCF Industries, Agricultural Inputs	10.5%	8.9×	+20.0%	$18.3B
13	APOGApogee Enterprises, Construction Materials	10.4%	13.8×	+3.0%	$911.7M
14	OCOwens Corning, Construction Materials	9.9%	n/m	−7.2%	$9B
15	MTEXMannatech, Chemicals	9.8%	n/m	−5.0%	$16.3M
16	TRLVTrulieve Cannabis, Chemicals	9.7%	n/m	−3.9%	$2B
17	BOOMDMC Global, Steel	9.1%	n/m	−5.2%	$112.8M
18	CMPCompass Minerals International, Construction Materials	8.7%	n/m	+5.5%	$892.9M
19	CDECoeur Mining, Gold	8.4%	11.1×	+117.3%	$13.8B
20	OECOrion, Chemicals	8.3%	n/m	−1.0%	$308M
21	FBINFortune Brands Innovations, Paper, Lumber & Forest Products	7.8%	34.9×	−2.3%	$5.1B
22	ECVTEcovyst, Chemicals	7.7%	n/m	+39.8%	$1.1B
23	SMGScotts Miracle-Gro, Agricultural Inputs	7.6%	51.1×	+1.3%	$3.5B
24	CTVACorteva, Agricultural Inputs	7.6%	8.2×	+3.7%	$8.3B
25	IPIIntrepid Potash, Construction Materials	7.4%	15.8×	+6.9%	$420.3M
26	CBTCabot, Chemicals	7.4%	20.8×	−4.7%	$3.8B
27	LYBLyondellBasell Industries, Chemicals - Specialty	7.4%	n/m	−1.7%	$21.5B
28	EMNEastman Chemical, Chemicals	7.3%	16.9×	−4.5%	$7.4B
29	DMCDEL Monte, Agricultural Inputs	7.0%	41.6×	−0.2%	$1.4B
30	CMCCOMMERCIAL METALS, Steel	6.9%	n/m	+20.5%	$6.9B
31	CSTMConstellium, Steel	6.9%	6.0×	+25.9%	$3.1B
32	DOWDow, Chemicals	6.8%	n/m	−1.2%	$23.6B
33	AXTAAxalta Coating Systems, Chemicals - Specialty	6.8%	21.1×	−0.9%	$7.3B
34	NGVTIngevity, Chemicals	6.5%	47.4×	−4.3%	$2.4B
35	WORWorthington Enterprises, Steel	6.3%	19.2×	+18.4%	$3.1B
36	SKYChampion Homes, Paper, Lumber & Forest Products	6.2%	23.1×	+4.5%	$4.3B
37	USNAUsana Health Sciences, Chemicals	6.2%	n/m	+1.6%	$257.9M
38	MTXMinerals Technologies, Chemicals - Specialty	6.1%	n/m	+4.1%	$2B
39	AMRZAmrize, Construction Materials	6.1%	18.0×	+5.1%	$21.6B
40	SSRMSSR Mining, Other Precious Metals	6.0%	9.6×	+48.4%	$5.8B
41	UFPIUFP Industries, Paper, Lumber & Forest Products	6.0%	18.6×	−4.7%	$4.5B
42	NEUNewmarket, Chemicals - Specialty	5.9%	18.7×	−1.3%	$8B
43	LEGHLegacy Housing, Paper, Lumber & Forest Products	5.8%	12.9×	−2.6%	$666.8M
44	PPGPPG Industries, Chemicals - Specialty	5.7%	15.8×	+5.0%	$24.6B
45	CVCOCavco Industries, Paper, Lumber & Forest Products	5.7%	23.2×	+9.7%	$4.1B
46	OLNOLIN, Chemicals	5.6%	n/m	+0.6%	$1.8B
47	RPMRPM International, Chemicals - Specialty	5.6%	18.3×	+6.0%	$12.6B
48	HLHecla Mining, Construction Materials	5.5%	28.3×	+74.4%	$9.3B
49	IDRIdaho Strategic Resources, Gold	5.5%	13.5×	+66.8%	$303.5M
50	REXREX AMERICAN RESOURCES, Chemicals - Specialty	5.2%	10.9×	+1.3%	$1.3B
51	AVNTAvient, Chemicals	5.1%	22.2×	+2.4%	$3.8B
52	CRHCRH, Construction Materials	4.9%	15.0×	+6.3%	$56.5B
53	CENXCentury Aluminum, Aluminum	4.9%	5.4×	+9.7%	$3.1B
54	HXLHexcel, Chemicals	4.2%	40.0×	+5.4%	$6B
55	TREXTrex, Paper, Lumber & Forest Products	4.1%	30.0×	+7.0%	$5.1B
56	CRONCronos, Chemicals	4.0%	16.8×	+37.5%	$1.2B
57	SHWSherwin-Williams, Chemicals - Specialty	3.9%	31.1×	+5.8%	$81.8B
58	CLXClorox, Chemicals - Specialty	3.9%	17.9×	−5.4%	$10.4B
59	FULFuller H B, Chemicals	3.7%	13.8×	+1.5%	$2.7B
60	ROGRogers, Chemicals	3.7%	71.4×	+4.9%	$2.2B
61	ROCKGibraltar Industries, Steel	3.7%	n/m	+27.3%	$1.2B
62	JCIJohnson Controls International, Construction Materials	3.6%	25.0×	+6.8%	$87.2B
63	LXFRLuxfer, Chemicals - Specialty	3.6%	59.6×	−10.6%	$462.4M
64	SMIDSmith Midland, Construction Materials	3.6%	14.7×	−1.6%	$112.9M
65	AAAlcoa, Aluminum	3.5%	7.9×	n/m	$10B
66	SXCSunCoke Energy, Steel	3.4%	n/m	+2.8%	$849.6M
67	EXPEagle Materials, Construction Materials	3.2%	13.8×	+1.7%	$5.4B
68	VMCVulcan Materials, Construction Materials	3.0%	30.9×	+6.9%	$33.9B
69	CSWCSW Industrials, Chemicals	3.0%	40.6×	+27.7%	$4.8B
70	IOSPInnospec, Chemicals	2.9%	20.1×	+2.9%	$2.4B
71	USLMUnited States Lime & Minerals, Construction Materials	2.9%	23.9×	+7.0%	$3.2B
72	IPInternational Paper, Paper, Lumber & Forest Products	2.8%	n/m	+25.4%	$17.6B
73	WDFCWD 40, Chemicals	2.8%	32.3×	+10.2%	$2.9B
74	STLDSteel Dynamics, Steel	2.8%	21.9×	+19.8%	$34.6B
75	NUENucor, Steel	2.7%	20.6×	+17.2%	$58.6B
76	MLMMartin Marietta Materials, Construction Materials	2.7%	12.5×	+14.8%	$30.5B
77	CRSCarpenter Technology, Steel	2.6%	27.1×	+8.6%	$14.1B
78	RSReliance Steel & Aluminum, Steel	2.5%	24.2×	+15.4%	$21.2B
79	NLNLI, Chemicals - Specialty	2.5%	n/m	+6.0%	$328.6M
80	ECLEcolab, Chemicals - Specialty	2.3%	38.7×	+7.1%	$80.9B
81	IFFInternational Flavors & Fragrances, Chemicals - Specialty	2.2%	82.6×	−4.6%	$24B
82	WSWorthington Steel, Steel	2.2%	n/m	+69.1%	$2.1B
83	PRMPerimeter Solutions, Chemicals	2.1%	n/m	+24.2%	$4.6B
84	LINLinde, Chemicals - Specialty	2.1%	32.9×	+6.6%	$234.6B
85	SOLSSolstice Advanced Materials, Chemicals	2.1%	n/m	+9.2%	$9.4B
86	FCXFreeport-McMoRan, Copper	1.9%	32.1×	+0.2%	$93.6B
87	ESIElement Solutions, Chemicals	1.7%	44.9×	+26.6%	$8.1B
88	DDDuPont de Nemours, Chemicals	1.5%	303×	+3.3%	$18.4B
89	KNFKnife River, Construction Materials	1.4%	21.7×	+12.1%	$3B
90	SXTSensient Technologies, Chemicals - Specialty	0.1%	35.8×	+8.1%	$5.6B

Not ranked: 63 with no positive free cash flow, 21 with not a meaningful number, 2 with a yield above 40% (usually a one-off). 24 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.