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

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

Alert me on P/S ratio

As of 16 October 2026, Air Products and Chemicals, Inc. (APD) trades at a P/S ratio of 5.3×. Over the past ten years it has ranged from 2.5× (September 2015) to 7.8× (November 2020); the current reading is higher than 69% of that period. That is above the Specialty Chemicals industry median of 1.5× and above the Basic Materials sector median of 1.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 5.0× (7.84%)
FY2024 5.5× 11.19%
FY2023 4.9× 21.02%
FY2022 4.1× (26.00%)
FY2021 5.5× (26.10%)
FY2020 7.4× 35.76%
FY2019 5.5× 31.71%
FY2018 4.2× 2.67%
FY2017 4.1× 1.04%
FY2016 4.0× 23.73%

Quarterly newest first

Period P/S ratio Change
Jun 2026 5.2× (0.18%)
Mar 2026 5.2× 15.19%
Dec 2025 4.5× (10.65%)
Sep 2025 5.0× (3.19%)
42 more quarters

Against its own ten years

Low 2.5× High 7.8×
Ten-year median 4.9×
Current reading's percentile 67

P/S ratio against peers

Company P/S ratio
LYB LyondellBasell Industries N.V. compare 0.7×
PPG PPG Industries, Inc. compare 1.5×
RPM RPM International Inc. compare 1.6×
IFF International Flavors & Fragrances Inc. compare 2.1×
DD DuPont de Nemours, Inc. compare 2.5×
SHW The Sherwin-Williams Company compare 3.3×
ECL Ecolab Inc. compare 4.8×
APD Air Products and Chemicals, Inc. 5.3×
LIN Linde PLC compare 6.5×
Specialty Chemicals industry median 1.5×
Basic Materials sector median 1.6×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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