Air Products and Chemicals, Inc. (APD) vs Dow Inc. (DOW)
APD leads on 9 of 14 compared metrics.
A side-by-side comparison of Air Products and Chemicals, Inc. and Dow Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
APD
Air Products and Chemicals, Inc.
$281.62Basic Materials
DOW
Dow Inc.
$33.85Basic Materials
Total return — APD vs DOW
growth of $100 · last 7yAPD +52.3%DOW -32.0%APD compounded faster
APD DOW
APD vs DOW: by the numbers
- •APD is the larger company ($62.71B vs $24.40B market cap).
- •APD is profitable (16.91% net margin) while DOW runs a net loss (-7.02%).
- •APD grew revenue faster over the past five years (6.12% vs -0.66% CAGR).
- •DOW pays the higher dividend yield (4.14% vs 2.55%).
Which is better, APD or DOW?
Metric tally: APD 9 · DOW 5It depends on what you're optimizing for:
GrowthAPD(faster 5Y revenue CAGR)
IncomeDOW(higher dividend yield)
QualityDOW(higher ROIC)
Metrics side by side
Valuation
| Metric | APD | DOW |
|---|---|---|
| P/E ratio | 29.79 | — |
| Forward P/E | 19.71 | 10.56● |
| P/S ratio | 5.04 | 0.62● |
| P/B ratio | 4.01 | 1.60● |
| PEG ratio | 1.40 | — |
| EV / EBITDA | 17.66● | 47.54 |
| FCF yield | 1.76% | — |
Profitability
| Metric | APD | DOW |
|---|---|---|
| Gross margin | 31.98%● | 6.16% |
| Operating margin | 18.41%● | -2.31% |
| Net margin | 16.91%● | -7.02% |
| ROE | 13.47%● | -18.11% |
| ROIC | -1.82% | 0.51%● |
Dividends
| Metric | APD | DOW |
|---|---|---|
| Dividend yield | 2.55% | 4.14%● |
Growth (annualized)
| Metric | APD | DOW |
|---|---|---|
| Revenue CAGR (5Y) | 6.12%● | -0.66% |
| EPS CAGR (5Y) | 16.58%● | -20.06% |
| FCF CAGR (5Y) | 6.54%● | -24.60% |
| Total return CAGR (5Y) | 1.21%● | -8.17% |
Frequently asked
- Which is better, APD or DOW?
- It depends on your goal. growth: APD (faster 5Y revenue CAGR); income: DOW (higher dividend yield); quality: DOW (higher ROIC). Across all compared metrics, APD leads 9 to 5.
- Which has grown faster, APD or DOW?
- Over the past five years, APD grew revenue faster — APD at a 6.12% CAGR versus DOW at -0.66%.
- Does APD or DOW pay a bigger dividend?
- APD yields 2.55% and DOW yields 4.14% based on trailing dividends and the latest price.
- Is APD or DOW more profitable?
- APD runs the higher net margin — APD at 16.91% versus DOW at -7.02%.
- Which has been the better investment, APD or DOW?
- Over the past 5-year, APD delivered the higher annualized total return — APD at 10.26% versus DOW at -8.17%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Air Products and Chemicals P/E ratioDow P/E ratioAir Products and Chemicals dividend yieldDow dividend yieldAir Products and Chemicals ROEDow ROEAir Products and Chemicals operating marginDow operating marginAir Products and Chemicals revenue growthDow revenue growthAir Products and Chemicals free cash flowDow free cash flow
Air Products and Chemicals & Dow appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 15, 2026.