Materials: which companies drove growth

Weight is each company's share of the 20 companies' combined market cap. Contribution is the change in its owners' profit divided by their combined base profit, in percentage points, so the column adds up to the sector's earnings growth. EPS cannot be added across companies, which is why contributions use profit.

#	Company	Weight	EPS $, base → now	EPS growth	Contribution	Price
1	LILinde plcLIN	20.1%	3.19 → 3.16	−1%	−0.2 pp	+10%
2	SHThe Sherwin-Williams CompanySHW	8.0%	2.95 → 1.39	−53%	−4.0 pp	+22%
3	SCSouthern Copper CorporationSCCO	6.3%	0.80 → 0.58	−28%	−1.7 pp	+14%
4	FCFreeport-McMoRan Inc.FCX	6.2%	0.31 → 0.27	−14%	−0.6 pp	+14%
5	APAir Products and Chemicals, Inc.APD	6.1%	3.11 → 2.73	−12%	−0.8 pp	−3%
6	ECEcolab Inc.ECL	5.7%	1.41 → 1.41	0%	0.0 pp	+17%
7	CRCRH plcCRH	4.9%	—	—	—	+26%
8	NUNucor CorporationNUE	4.3%	4.58 → 3.16	−31%	−3.5 pp	+11%
9	DDDuPont de Nemours, Inc.DD	4.2%	2.10 → −0.15	to loss	−3.3 pp	+4%
10	NENewmont CorporationNEM	4.1%	0.20 → −3.22	to loss	−32.4 pp	+12%
11	JCJohnson Controls International plcJCI	3.9%	0.80 → 0.55	−31%	−1.7 pp	+8%
12	DODow Inc.DOW	3.9%	0.42 → −0.15	to loss	−4.0 pp	+7%
13	PPPPG Industries, Inc.PPG	3.6%	1.79 → 0.38	−79%	−3.3 pp	+15%
14	CTCorteva, Inc.CTVA	3.4%	−0.45 → −0.36	loss, smaller	+0.7 pp	−6%
15	LYLyondellBasell Industries N.V.LYB	3.1%	2.29 → 0.55	−76%	−5.5 pp	0%
16	MLMartin Marietta Materials, Inc.MLM	3.1%	6.72 → 4.55	−32%	−1.3 pp	+22%
17	VMVulcan Materials CompanyVMC	3.0%	2.07 → 1.70	−18%	−0.5 pp	+12%
18	IFInternational Flavors & Fragrances Inc.IFF	2.1%	0.10 → −10.24	to loss	−25.8 pp	+19%
19	BLBuilders FirstSource, Inc.BLDR	2.1%	3.59 → 2.83	−21%	−1.0 pp	+34%
20	STSteel Dynamics, Inc.STLD	1.9%	3.47 → 2.61	−25%	−1.5 pp	+10%
	Sector earnings growth	100%			−90.5 pp