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Top Basic Materials Stocks by Share Buybacks

Top basic materials companies ranked by share buybacks, latest annual filings.

What Share Buybacks Mean for Basic Materials Companies

Share buybacks in basic materials are commodity-cycle sensitive, much like energy. Mining and metals producers expand repurchase programs during high-price windows when cash flow is strong and compress them during troughs, while specialty chemicals and coatings firms, with less cyclical margins, tend to run steadier programs. The dispersion within the sector makes trailing buyback dollars a weak indicator in isolation without reference to where each firm sits in the commodity cycle.

Why It Matters in Basic Materials

Variable buybacks at cyclical miners and steelmakers demonstrate capital discipline in an industry historically prone to debt-funded expansion into the cycle's top. Specialty chemistry buybacks look more like consumer defensive programs, steadier and paired with dividends. The shared caveat is that peak-cycle repurchases arithmetically execute at the worst prices, which the sector's history has illustrated painfully through many past commodity cycles.

What to Read Alongside

Pair buybacks with [Free Cash Flow](/financials/top-free-cash-flow-stocks/basic-materials/) to see whether programs are self-funded through the commodity cycle, [Capex](/financials/biggest-capex-stocks/basic-materials/) to confirm discipline over expansion, and [Net Income](/financials/top-net-income-stocks/basic-materials/) for earnings context across cycles.

Data as of FY 2025 68 companies Rhea AI
# Symbol Company Sector
1 LIN Linde plc Basic Materials $4.60B $230.84B
2 NEM Newmont Corporation Basic Materials $2.30B $124.02B
3 SHW The Sherwin-Williams Company Basic Materials $1.66B $85.08B
4 CF CF Industries Holdings, Inc. Basic Materials $1.36B $17.81B
5 CRH CRH plc Basic Materials $1.18B $79.22B
6 CTVA Corteva, Inc. Basic Materials $1.07B $53.90B
7 STLD Steel Dynamics, Inc. Basic Materials $0.90B $30.30B
8 PPG PPG Industries, Inc. Basic Materials $0.79B $25.68B
9 ECL Ecolab Inc. Basic Materials $0.78B $77.86B
10 NUE Nucor Corporation Basic Materials $0.70B $46.06B
11 RS Reliance, Inc. Basic Materials $0.59B $17.35B
12 NTR Nutrien Ltd. Basic Materials $0.56B $34.24B
13 MLM Martin Marietta Materials, Inc. Basic Materials $0.45B $37.80B
14 VMC Vulcan Materials Company Basic Materials $0.44B $38.46B
15 UFPI UFP Industries, Inc. Basic Materials $0.43B $5.52B
16 EXP Eagle Materials Inc. Basic Materials $0.30B $6.48B
17 MT ArcelorMittal S.A. Basic Materials $0.26B $47.50B
18 VALE Vale S.A. Basic Materials $0.24B $75.99B
19 LYB LyondellBasell Industries N.V. Basic Materials $0.20B $22.14B
20 BCC Boise Cascade Company Basic Materials $0.18B $3.01B
21 CBT Cabot Corporation Basic Materials $0.17B $3.94B
22 AXTA Axalta Coating Systems Ltd. Basic Materials $0.17B $6.33B
23 JHX James Hardie Industries plc Basic Materials $0.15B $12.74B
24 SSD Simpson Manufacturing Co., Inc. Basic Materials $0.12B $7.45B
25 TGLS Tecnoglass Inc. Basic Materials $0.12B $2.05B
26 CSTM Constellium SE Basic Materials $0.12B $4.12B
27 BCPC Balchem Corporation Basic Materials $0.11B $5.69B
28 FCX Freeport-McMoRan Inc. Basic Materials $0.11B $100.86B
29 ASH Ashland Inc. Basic Materials $0.10B $2.65B
30 SLVM Sylvamo Corporation Basic Materials $0.08B $1.72B
31 NEU NewMarket Corporation Basic Materials $0.08B $6.04B
32 RPM RPM International Inc. Basic Materials $0.07B $14.00B
33 WLK Westlake Corporation Basic Materials $0.06B $14.59B
34 FUL H.B. Fuller Company Basic Materials $0.06B $3.53B
35 MTX Minerals Technologies Inc. Basic Materials $0.06B $2.24B
36 NGVT Ingevity Corporation Basic Materials $0.06B $2.65B
37 OLN Olin Corporation Basic Materials $0.05B $3.06B
38 ECVT Ecovyst Inc. Basic Materials $0.05B $1.49B
39 PAAS Pan American Silver Corp. Basic Materials $0.05B $24.74B
40 KWR Quaker Chemical Corporation Basic Materials $0.04B $2.45B
41 PRM Perimeter Solutions, Inc. Basic Materials $0.04B $4.75B
42 KOP Koppers Holdings Inc. Basic Materials $0.04B $0.72B
43 IFF International Flavors & Fragrances Inc. Basic Materials $0.04B $19.01B
44 OR OR Royalties Inc. Basic Materials $0.04B $8.01B
45 GFI Gold Fields Limited Basic Materials $0.04B $43.63B
46 REX REX American Resources Corporation Basic Materials $0.03B $1.44B
47 GPRE Green Plains Inc. Basic Materials $0.03B $1.09B
48 ESI Element Solutions Inc Basic Materials $0.03B $9.47B
49 IOSP Innospec Inc. Basic Materials $0.02B $1.88B
50 HWKN Hawkins, Inc. Basic Materials $0.02B $3.32B
51 SMG The Scotts Miracle-Gro Company Basic Materials $0.02B $3.86B
52 NWPX NWPX Infrastructure, Inc. Basic Materials $0.02B $0.79B
53 MTUS Metallus Inc. Basic Materials $0.01B $0.77B
54 WDFC WD-40 Company Basic Materials $0.01B $2.90B
55 MTRN Materion Corporation Basic Materials $0.01B $3.76B
56 GSM Ferroglobe PLC Basic Materials $0.00B $0.83B
57 USLM United States Lime & Minerals, Inc. Basic Materials $0.00B $3.94B
58 ODC Oil-Dri Corporation of America Basic Materials $0.00B $1.06B
59 ASIX AdvanSix Inc. Basic Materials $0.00B $0.60B
60 HL Hecla Mining Company Basic Materials $0.00B $12.96B
61 UAMY United States Antimony Corporation Basic Materials $0.00B $1.53B
62 MOS The Mosaic Company Basic Materials $0.00B $7.66B
63 CLF Cleveland-Cliffs Inc. Basic Materials $0.00B $5.55B
64 DOW Dow Inc. Basic Materials $0.00B $26.46B
65 HUN Huntsman Corporation Basic Materials $0.00B $2.37B
66 SSRM SSR Mining Inc. Basic Materials $0.00B $6.54B
67 MP MP Materials Corp. Basic Materials $0.00B $11.77B
68 FMC FMC Corporation Basic Materials $0.00B $2.17B

How this ranking is built

Companies are ranked by share buybacks as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.

  • Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
  • Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
  • Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
  • Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).

Not financial advice. This is a research tool, not a recommendation.