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MEOH Home Investment Highlights Valuation, Metrics & Events Price Chart Why The Stock Moved Return vs. Risk About MEOH Interactive Breakdown Better Bets vs. MEOH Latest Trefis Analyses Trade Ideas More From Trefis Peer Comparisons FDIC Bank Data FDA Approved Drugs Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Trade Sentinel Industry Resource Links External Quote Links

Methanex (MEOH)

Market Price (3/15/2026): $51.76 | Market Cap: $4.0 Bil
Sector: Materials | Industry: Commodity Chemicals

Methanex (MEOH)

Market Price (3/15/2026): $51.76
Market Cap: $4.0 Bil
Sector: Materials
Industry: Commodity Chemicals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.6%, FCF Yield is 23%		 Weak multi-year price returns
2Y Excs Rtn is -3.2%, 3Y Excs Rtn is -62%		 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 80%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 26%		  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.7%, Rev Chg QQuarterly Revenue Change % is -0.8%
2 Megatrend and thematic drivers
Megatrends include Hydrogen Economy, and Energy Transition & Decarbonization. Themes include Green Hydrogen Production, Hydrogen Infrastructure, Show more.		  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.6%, FCF Yield is 23%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 26%
2 Megatrend and thematic drivers
Megatrends include Hydrogen Economy, and Energy Transition & Decarbonization. Themes include Green Hydrogen Production, Hydrogen Infrastructure, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -3.2%, 3Y Excs Rtn is -62%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 80%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.7%, Rev Chg QQuarterly Revenue Change % is -0.8%

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Methanex (MEOH) stock has gained about 45% since 11/30/2025 because of the following key factors:

1. Anticipation of Stronger Methanol Pricing Due to Supply Disruptions.

Methanex's stock gained as the market anticipated a rebound in methanol prices driven by geopolitical instability and supply constraints. Methanol prices in Southeast Asia surged to a four-year high, and Chinese methanol prices reached a 12-month high in early March 2026, primarily due to disruptions in Middle Eastern supplies, especially from Iran. Management also highlighted that current escalations in the Middle East pose significant risks to methanol supply reliability from that region, which has already contributed to increased spot methanol prices.

2. Positive Analyst Sentiment and Upgraded Price Targets.

The company benefited from a series of bullish analyst actions and price target increases within the specified period. For example, Jefferies raised its price target to $60.00 from $50.00 on March 11, 2026, maintaining a "Buy" rating. UBS similarly boosted its target to $60.00 from $53.00 on March 4, 2026, also with a "Buy" rating. RBC Capital increased its target to $55.00 from $50.00 on February 2, 2026. This collective analyst confidence indicated an optimistic outlook for Methanex's future performance.

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Stock Movement Drivers

Fundamental Drivers

The 46.0% change in MEOH stock from 11/30/2025 to 3/13/2026 was primarily driven by a 46.0% change in the company's P/E Multiple.
(LTM values as of)113020253132026Change
Stock Price ($)35.4451.7546.0%
Change Contribution By: 
Total Revenues ($ Mil)3,5693,5690.0%
Net Income Margin (%)6.0%6.0%0.0%
P/E Multiple12.818.746.0%
Shares Outstanding (Mil)77770.0%
Cumulative Contribution46.0%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/13/2026
ReturnCorrelation
MEOH46.0% 
Market (SPY)-3.1%28.7%
Sector (XLB)10.0%44.0%

Fundamental Drivers

The 47.1% change in MEOH stock from 8/31/2025 to 3/13/2026 was primarily driven by a 97.7% change in the company's P/E Multiple.
(LTM values as of)83120253132026Change
Stock Price ($)35.1851.7547.1%
Change Contribution By: 
Total Revenues ($ Mil)3,5773,569-0.2%
Net Income Margin (%)7.0%6.0%-15.0%
P/E Multiple9.518.797.7%
Shares Outstanding (Mil)6877-12.3%
Cumulative Contribution47.1%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/13/2026
ReturnCorrelation
MEOH47.1% 
Market (SPY)3.0%30.0%
Sector (XLB)7.1%41.9%

Fundamental Drivers

The 19.8% change in MEOH stock from 2/28/2025 to 3/13/2026 was primarily driven by a 45.1% change in the company's Net Income Margin (%).
(LTM values as of)22820253132026Change
Stock Price ($)43.1951.7519.8%
Change Contribution By: 
Total Revenues ($ Mil)3,6933,569-3.4%
Net Income Margin (%)4.1%6.0%45.1%
P/E Multiple19.118.7-1.9%
Shares Outstanding (Mil)6777-12.9%
Cumulative Contribution19.8%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/13/2026
ReturnCorrelation
MEOH19.8% 
Market (SPY)12.4%54.3%
Sector (XLB)12.5%56.9%

Fundamental Drivers

The 8.3% change in MEOH stock from 2/28/2023 to 3/13/2026 was primarily driven by a 186.4% change in the company's P/E Multiple.
(LTM values as of)22820233132026Change
Stock Price ($)47.7951.758.3%
Change Contribution By: 
Total Revenues ($ Mil)4,5783,569-22.0%
Net Income Margin (%)11.2%6.0%-46.6%
P/E Multiple6.518.7186.4%
Shares Outstanding (Mil)7077-9.2%
Cumulative Contribution8.3%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/13/2026
ReturnCorrelation
MEOH8.3% 
Market (SPY)73.4%47.6%
Sector (XLB)26.8%56.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
MEOH Return-13%-3%27%7%-19%35%25%
Peers Return22%-19%20%-23%-36%31%-23%
S&P 500 Return27%-19%24%23%16%-1%80%

Monthly Win Rates [3]
MEOH Win Rate33%42%58%50%58%100% 
Peers Win Rate55%52%45%38%35%87% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
MEOH Max Drawdown-35%-26%-2%-22%-48%0% 
Peers Max Drawdown-5%-31%-6%-27%-45%-0% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-2% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: CE, LYB, DOW, EMN, HUN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)

How Low Can It Go

Unique KeyEventMEOHS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-48.7%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven95.0%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven1,259 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-76.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven322.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven246 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-63.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven171.6%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-81.4%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven437.7%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven759 days1,480 days

Compare to CE, LYB, DOW, EMN, HUN

In The Past

Methanex's stock fell -48.7% during the 2022 Inflation Shock from a high on 3/25/2022. A -48.7% loss requires a 95.0% gain to breakeven.

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Asset Allocation

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About Methanex (MEOH)

Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.

AI Analysis | Feedback

Here are 1-3 brief analogies for Methanex (MEOH):

  • The ExxonMobil or Shell of methanol.

  • Archer Daniels Midland (ADM) for methanol.

AI Analysis | Feedback

  • Methanol: A chemical compound produced and supplied by the company, serving as a raw material for various chemical and petrochemical products.

AI Analysis | Feedback

Methanex (MEOH) primarily sells its methanol to other companies, specifically chemical and petrochemical producers.

Due to the nature of methanol as a commodity chemical and Methanex's global operations, the company serves a diverse range of industrial customers worldwide. Its customers are large chemical and petrochemical companies that use methanol as a key feedstock for producing various products such as formaldehyde, acetic acid, MTBE, DME, and other derivatives.

The specific names of Methanex's individual major customer companies are not publicly disclosed by the company in its financial filings or investor communications. This is common for producers of commodity chemicals, as they typically sell to a broad base of industrial users rather than having a few named dominant customers.

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The most significant clear emerging threat for Methanex (MEOH) stems from the global push towards decarbonization and sustainable chemical production:

  • Shift towards Green and Bio-Methanol: There is a growing global trend among chemical and petrochemical producers, as well as the shipping industry (e.g., for maritime fuel), to source lower-carbon intensity feedstocks and fuels. This is driving increased investment and demand for "green methanol" (produced from renewable hydrogen and captured CO2) and "bio-methanol" (produced from biomass). If Methanex, a major producer of conventional (natural gas-based) methanol, does not adequately transition or invest in these sustainable production methods, it risks facing eroding market share, competitive disadvantage, and pricing pressure from producers and new entrants focused on low-carbon methanol.
  • Increasing Carbon Pricing and Emissions Regulations: Governments and regulatory bodies worldwide are implementing and strengthening carbon pricing mechanisms (e.g., carbon taxes, emissions trading schemes) and stricter emissions standards. Methanol production from natural gas, Methanex's primary feedstock, is an energy-intensive process with associated CO2 emissions. These evolving regulations could significantly increase operating costs for Methanex's conventional production facilities, making its products less competitive or accelerating the demand shift towards lower-carbon methanol alternatives.

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Better Bets vs. Methanex (MEOH)

Latest Trefis Analyses

Trade Ideas

Select ideas related to MEOH.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
IP_1312026_Insider_Buying_45D_2Buy_200K01312026IPInternational PaperInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days		9.1%9.1%0.0%
B_1302026_Quality_Momentum_RoomToRun_10%01302026BBarrick MiningQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		11.7%11.7%-4.0%
AMR_12312025_Insider_Buying_45D_2Buy_200K12312025AMRAlpha Metallurgical ResourcesInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days		-18.6%-18.6%-18.6%
EMN_12262025_Dip_Buyer_ValueBuy12262025EMNEastman ChemicalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		18.9%18.9%0.0%
AMCR_12122025_Insider_Buying_GTE_1Mil_EBITp+DE_V212122025AMCRAmcorInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap		19.2%19.2%-0.5%

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Peer Comparisons

Peers to compare with:

Financials

MEOHCELYBDOWEMNHUNMedian
NameMethanex Celanese Lyondell.Dow Eastman .Huntsman  
Mkt Price51.7557.7472.3036.6269.2512.0354.75
Mkt Cap4.06.323.326.37.92.17.1
Rev LTM3,5699,54430,15339,9688,7525,7809,148
Op Inc LTM516769831158958-24642
FCF LTM928803384-1,447424199404
FCF 3Y Avg5158881,925374553126534
CFO LTM1,0571,1462,2621,0329703661,045
CFO 3Y Avg8031,3373,6743,0471,2103321,274

Growth & Margins

MEOHCELYBDOWEMNHUNMedian
NameMethanex Celanese Lyondell.Dow Eastman .Huntsman  
Rev Chg LTM-3.4%-7.1%-9.7%-7.0%-6.7%-3.5%-6.8%
Rev Chg 3Y Avg-7.7%-0.0%-14.5%-10.8%-5.9%-11.5%-9.2%
Rev Chg Q-0.8%-6.5%-9.2%-9.1%-12.1%-5.2%-7.8%
QoQ Delta Rev Chg LTM-0.2%-1.6%-2.3%-2.3%-3.0%-1.4%-1.9%
Op Mgn LTM14.4%8.1%2.8%0.4%10.9%-0.4%5.4%
Op Mgn 3Y Avg9.5%9.6%7.0%3.2%12.4%1.2%8.2%
QoQ Delta Op Mgn LTM0.8%-0.5%-1.3%-0.8%-2.2%-0.5%-0.6%
CFO/Rev LTM29.6%12.0%7.5%2.6%11.1%6.3%9.3%
CFO/Rev 3Y Avg21.9%12.9%11.3%7.0%13.2%5.5%12.1%
FCF/Rev LTM26.0%8.4%1.3%-3.6%4.8%3.4%4.1%
FCF/Rev 3Y Avg14.2%8.6%5.8%0.7%6.0%2.1%5.9%

Valuation

MEOHCELYBDOWEMNHUNMedian
NameMethanex Celanese Lyondell.Dow Eastman .Huntsman  
Mkt Cap4.06.323.326.37.92.17.1
P/S1.10.70.80.70.90.40.7
P/EBIT7.4-12.3-102.1-16.010.0-17.2-14.1
P/E18.7-5.5-31.2-10.016.7-6.3-5.9
P/CFO3.85.510.325.58.15.76.9
Total Yield6.6%-18.1%4.4%-4.3%8.4%-7.4%0.0%
Dividend Yield1.3%0.2%7.6%5.7%2.4%8.4%4.0%
FCF Yield 3Y Avg16.3%10.7%7.3%-0.7%5.8%5.4%6.6%
D/E0.92.00.60.70.61.20.8
Net D/E0.81.80.50.60.50.90.7

Returns

MEOHCELYBDOWEMNHUNMedian
NameMethanex Celanese Lyondell.Dow Eastman .Huntsman  
1M Rtn5.1%-4.6%23.1%9.0%-14.9%-14.4%0.2%
3M Rtn31.4%32.8%64.9%54.6%6.3%13.4%32.1%
6M Rtn33.1%26.8%36.3%50.2%5.8%13.9%29.9%
12M Rtn43.5%9.0%8.8%7.9%-20.0%-24.0%8.4%
3Y Rtn16.4%-44.3%1.3%-16.3%-7.0%-50.2%-11.7%
1M Excs Rtn7.4%-2.2%25.4%11.4%-12.5%-12.1%2.6%
3M Excs Rtn33.5%35.2%63.4%52.3%8.2%14.5%34.3%
6M Excs Rtn28.5%20.5%32.9%47.4%1.7%8.5%24.5%
12M Excs Rtn22.8%-11.4%-11.6%-11.6%-42.6%-43.1%-11.6%
3Y Excs Rtn-61.6%-118.7%-75.4%-92.0%-77.6%-121.2%-84.8%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Production and sale of methanol3,7234,3114,4152,6503,284
Total3,7234,3114,4152,6503,284


Price Behavior

Price Behavior
Market Price$51.75 
Market Cap ($ Bil)4.0 
First Trading Date05/19/1992 
Distance from 52W High-10.9% 
   50 Days200 Days
DMA Price$48.49$38.94
DMA Trendupup
Distance from DMA6.7%32.9%
 3M1YR
Volatility58.9%51.3%
Downside Capture55.49104.47
Upside Capture243.38120.98
Correlation (SPY)27.2%53.1%
MEOH Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta0.781.271.061.211.471.31
Up Beta0.020.980.970.401.541.34
Down Beta4.172.512.031.741.861.64
Up Capture44%190%191%182%116%96%
Bmk +ve Days9203170142431
Stock +ve Days14253862129382
Down Capture-43%-34%-57%80%107%105%
Bmk -ve Days12213054109320
Stock -ve Days7162362122368

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MEOH
MEOH44.1%51.2%0.88-
Sector ETF (XLB)17.6%20.6%0.6855.5%
Equity (SPY)19.6%18.9%0.8152.5%
Gold (GLD)71.9%26.3%2.0512.5%
Commodities (DBC)19.3%17.3%0.8945.4%
Real Estate (VNQ)6.2%16.3%0.1939.7%
Bitcoin (BTCUSD)-15.3%44.2%-0.2530.2%

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Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MEOH
MEOH5.9%43.6%0.27-
Sector ETF (XLB)7.2%18.8%0.2854.9%
Equity (SPY)13.1%17.0%0.6144.9%
Gold (GLD)24.1%17.3%1.1415.5%
Commodities (DBC)11.2%19.0%0.4746.5%
Real Estate (VNQ)4.8%18.8%0.1632.1%
Bitcoin (BTCUSD)6.3%56.7%0.3320.3%

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Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MEOH
MEOH6.4%47.3%0.31-
Sector ETF (XLB)10.7%20.6%0.4660.1%
Equity (SPY)14.5%17.9%0.7051.0%
Gold (GLD)14.4%15.6%0.776.8%
Commodities (DBC)8.6%17.6%0.4050.3%
Real Estate (VNQ)5.6%20.7%0.2339.5%
Bitcoin (BTCUSD)67.4%66.8%1.0714.8%

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Short Interest

Short Interest: As Of Date2272026
Short Interest: Shares Quantity0.7 Mil
Short Interest: % Change Since 2152026-15.7%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest1.7 days
Basic Shares Quantity77.3 Mil
Short % of Basic Shares0.9%

Returns Analyses

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202510/30/20256-K
06/30/202507/30/20256-K
03/31/202504/30/20256-K
12/31/202403/07/202540-F
09/30/202411/06/20246-K
06/30/202407/30/20246-K
03/31/202404/24/20246-K
12/31/202303/08/202440-F
09/30/202310/25/20236-K
06/30/202307/26/20236-K
03/31/202304/26/20236-K
12/31/202203/10/202340-F
09/30/202210/26/20226-K
06/30/202207/27/20226-K
03/31/202204/27/20226-K
12/31/202103/11/202240-F

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