Air Products and Chemicals, Inc. (APD) vs The Sherwin-Williams Company (SHW)

A side-by-side comparison of Air Products and Chemicals, Inc. and The Sherwin-Williams Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAPD vs SHW

growth of $100 · dividends reinvested · last 10y
APD +155.6% (+9.8%/yr)SHW +280.4% (+14.3%/yr)SHW compounded faster over this window
100200300400Start $10020182020202220242026$256$380
APD SHW

APD vs SHW: by the numbers

  • SHW is the larger company ($77.81B vs $64.28B market cap).
  • SHW is profitable (11.01% net margin) while APD runs a net loss (-0.38%).
  • APD grew revenue faster over the past five years (5.15% vs 4.44% CAGR).
  • APD pays the higher dividend yield (2.47% vs 0.99%).

Metrics side by side

Valuation

MetricAPDSHW
P/E ratioN/A29.54
Forward P/E21.4726.47
P/S ratio5.103.19
P/B ratio4.6320.19
EV / EBITDA85.6719.81
FCF yieldN/A4.13%

Profitability

MetricAPDSHW
Gross margin32.06%49.07%
Operating margin-4.71%16.36%
Net margin-0.38%11.01%
ROE-0.34%69.74%
ROIC-1.61%14.59%

Dividends

MetricAPDSHW
Dividend yield2.47%0.99%
Payout ratioN/A29.40%

Growth (annualized)

MetricAPDSHW
Revenue CAGR (5Y)5.15%4.44%
EPS CAGR (5Y)N/A6.74%
FCF CAGR (5Y)N/A-0.06%
Total return CAGR (5Y)4.27%2.39%

Frequently asked

Which has grown faster, APD or SHW?
Over the past five years, APD grew revenue faster — APD at a 5.15% CAGR versus SHW at 4.44%.
Does APD or SHW pay a bigger dividend?
APD yields 2.47% and SHW yields 0.99% based on trailing dividends and the latest price.
Is APD or SHW more profitable?
SHW runs the higher net margin — APD at -0.38% versus SHW at 11.01%.
How have APD and SHW total returns compared?
Over the past 10 years, APD delivered 10.25% and SHW delivered 14.49% annualized total return. 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 September 13, 2026.