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Saturday 17 October 2026 Export APD’s income statement to Excel — free account

Air Products and Chemicals, Inc.

APD Basic Materials Specialty Chemicals

Air Products and Chemicals, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $12.0 billion, down 0.52% from fiscal 2024. In the quarter to June 2026, revenue grew 4.58%, EPS fell 302.2%, free cash flow grew 180.1% and total debt rose 2.23%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

299.59 2.99 +1.01%
Market cap
$66.1B
P/E
0.0×
Fwd P/E
21.5×
Dividend yield
2.41%
F-score
2/9
Altman Z
2.41
Beneish M
−2.87
Dividend safety
20/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Air Products and Chemicals, Inc. (APD) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Air Products and Chemicals, Inc. (APD) trades at a P/B ratio of 4.0×. Over the past ten years it has ranged from 2.9× (October 2018) to 5.7× (September 2020); the current reading is higher than 60% of that period. That is above the Specialty Chemicals industry median of 1.8× and above the Basic Materials sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 3.5× (1.32%)
FY2024 3.5× (10.45%)
FY2023 4.0× 5.07%
FY2022 3.8× (6.40%)
FY2021 4.0× (23.92%)
FY2020 5.3× 23.37%
FY2019 4.3× 29.10%
FY2018 3.3× 2.06%
FY2017 3.3× (21.92%)
FY2016 4.2× 21.42%

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.9× 10.37%
Mar 2026 3.6× 15.57%
Dec 2025 3.1× (11.86%)
Sep 2025 3.5× (1.03%)
42 more quarters

Against its own ten years

Low 2.9× High 5.7×
Ten-year median 3.8×
Current reading's percentile 57

P/B ratio against peers

Company P/B ratio
DD DuPont de Nemours, Inc. compare 1.3×
IFF International Flavors & Fragrances Inc. compare 1.7×
LYB LyondellBasell Industries N.V. compare 1.9×
PPG PPG Industries, Inc. compare 2.8×
RPM RPM International Inc. compare 3.6×
APD Air Products and Chemicals, Inc. 4.0×
LIN Linde PLC compare 5.7×
ECL Ecolab Inc. compare 8.0×
SHW The Sherwin-Williams Company compare 21.2×
Specialty Chemicals industry median 1.8×
Basic Materials sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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