Air Products and Chemicals, Inc. (APD) vs LyondellBasell Industries N.V. (LYB)

Air Products and Chemicals, Inc. and LyondellBasell Industries N.V. are both Specialty Chemicals companies. Air Products and Chemicals, Inc. is the larger, with a market value of $63.4B against $19.6B — 3.2× the size. Air Products and Chemicals, Inc. grew revenue faster over the last twelve months: 4.51% against −1.75%. Air Products and Chemicals, Inc. has the higher net margin (−0.38% vs −1.13%) and the lower return on invested capital (−1.12% vs 2.87%). Both pay a dividend; LyondellBasell Industries N.V. yields more (5.35% vs 3.24%). Across the 20 metrics below, LyondellBasell Industries N.V. leads on 11 and Air Products and Chemicals, Inc. on 9.

Valuation

Metric APD LYB Specialty Chemicals median
P/E n/m n/m 24.83
P/S 4.98 0.60 1.46
P/B 3.78 1.76 1.76
Price to free cash flow n/m 10.99 19.84
EV/EBITDA 83.44 12.11 13.18
EV/Sales 6.30 0.93 1.84
Earnings yield (0.08%) (1.94%) 2.11%
Free cash flow yield (0.17%) 9.10% 2.29%

Profitability

Metric APD LYB Specialty Chemicals median
Gross margin 32.06% 12.76% 29.23%
Operating margin (4.71%) 3.09% 3.63%
Net margin (0.38%) (1.13%) 2.89%
Free cash flow margin (0.86%) 5.48% 3.78%
Return on equity (0.28%) (3.12%) 3.62%
Return on assets (0.12%) (1.01%) 0.35%
Return on invested capital (1.12%) 2.87% 2.75%

Growth

Metric APD LYB Specialty Chemicals median
Revenue growth (TTM) 4.51% (1.75%) 4.51%
EPS growth (last fiscal year) (110.30%) (156.39%) —
Revenue growth, 5-year CAGR 6.33% 1.67% 6.30%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric APD LYB Specialty Chemicals median
Debt to equity 1.06 1.21 0.54
Current ratio 1.08 1.64 1.94
Net debt to EBITDA 23.00 9.67 2.03

Dividend

Metric APD LYB Specialty Chemicals median
Dividend yield 3.24% 5.35% 1.69%
Payout ratio 0.69 0.75 0.25

Size

Metric APD LYB Specialty Chemicals median
Market cap 63.35b 19.60b 2.43b

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