Air Products and Chemicals, Inc. (APD) vs Linde plc (LIN)
APD leads on 9 of 17 compared metrics.
A side-by-side comparison of Air Products and Chemicals, Inc. and Linde plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
APD
Air Products and Chemicals, Inc.
$282.96Basic Materials
LIN
Linde plc
$521.48Basic Materials
Total return — APD vs LIN
growth of $100 · last 30yAPD +953.5%LIN +2419.6%LIN compounded faster
APD LIN
APD vs LIN: by the numbers
- •LIN is the larger company ($238.87B vs $62.49B market cap).
- •APD trades at the lower earnings multiple (29.94 vs 34.63 P/E).
- •LIN converts more revenue to profit (20.56% vs 16.91% net margin).
- •APD grew revenue faster over the past five years (6.12% vs 4.55% CAGR).
- •APD pays the higher dividend yield (2.54% vs 1.19%).
Which is better, APD or LIN?
Metric tally: APD 9 · LIN 8It depends on what you're optimizing for:
ValueAPD(lower P/E)
GrowthAPD(faster 5Y revenue CAGR)
IncomeAPD(higher dividend yield)
QualityLIN(higher ROIC)
Metrics side by side
Valuation
| Metric | APD | LIN |
|---|---|---|
| P/E ratio | 29.94● | 34.63 |
| Forward P/E | 19.80● | 26.61 |
| P/S ratio | 5.06● | 7.02 |
| P/B ratio | 4.03● | 6.31 |
| PEG ratio | 1.40● | 4.12 |
| EV / EBITDA | 17.73● | 20.02 |
| FCF yield | 1.76% | 2.10%● |
Profitability
| Metric | APD | LIN |
|---|---|---|
| Gross margin | 31.98% | 45.99%● |
| Operating margin | 18.41% | 28.79%● |
| Net margin | 16.91% | 20.56%● |
| ROE | 13.47% | 18.47%● |
| ROIC | -1.82% | 8.97%● |
Dividends
| Metric | APD | LIN |
|---|---|---|
| Dividend yield | 2.54%● | 1.19% |
| Payout ratio | — | 42.26% |
Growth (annualized)
| Metric | APD | LIN |
|---|---|---|
| Revenue CAGR (5Y) | 6.12%● | 4.55% |
| EPS CAGR (5Y) | 16.58% | 25.30%● |
| FCF CAGR (5Y) | 6.54%● | 1.07% |
| Total return CAGR (5Y) | 1.17% | 13.80%● |
Frequently asked
- Which is better, APD or LIN?
- It depends on your goal. value: APD (lower P/E); growth: APD (faster 5Y revenue CAGR); income: APD (higher dividend yield); quality: LIN (higher ROIC). Across all compared metrics, APD leads 9 to 8.
- Is APD or LIN cheaper?
- On trailing earnings, APD is cheaper: APD trades at a 29.94 P/E and LIN at 34.63.
- Which has grown faster, APD or LIN?
- Over the past five years, APD grew revenue faster — APD at a 6.12% CAGR versus LIN at 4.55%.
- Does APD or LIN pay a bigger dividend?
- APD yields 2.54% and LIN yields 1.19% based on trailing dividends and the latest price.
- Is APD or LIN more profitable?
- LIN runs the higher net margin — APD at 16.91% versus LIN at 20.56%.
- Which has been the better investment, APD or LIN?
- Over the past 10-year, LIN delivered the higher annualized total return — APD at 10.38% versus LIN at 18.48%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Air Products and Chemicals P/E ratioLinde P/E ratioAir Products and Chemicals dividend yieldLinde dividend yieldAir Products and Chemicals ROELinde ROEAir Products and Chemicals operating marginLinde operating marginAir Products and Chemicals revenue growthLinde revenue growthAir Products and Chemicals free cash flowLinde free cash flow
Air Products and Chemicals & Linde 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 16, 2026.