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).

Compare

Total return — APD vs DOW

growth of $100 · last 7y
APD +52.3%DOW -32.0%APD compounded faster
50100150Start $100202120232025$152$68
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 5

It depends on what you're optimizing for:

GrowthAPD(faster 5Y revenue CAGR)
IncomeDOW(higher dividend yield)
QualityDOW(higher ROIC)

Metrics side by side

Valuation

MetricAPDDOW
P/E ratio29.79
Forward P/E19.7110.56
P/S ratio5.040.62
P/B ratio4.011.60
PEG ratio1.40
EV / EBITDA17.6647.54
FCF yield1.76%

Profitability

MetricAPDDOW
Gross margin31.98%6.16%
Operating margin18.41%-2.31%
Net margin16.91%-7.02%
ROE13.47%-18.11%
ROIC-1.82%0.51%

Dividends

MetricAPDDOW
Dividend yield2.55%4.14%

Growth (annualized)

MetricAPDDOW
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.

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.