Which has the lower trailing P/E, APD or SHW?

APD has the lower trailing P/E: APD trades at 30.95 and SHW at 31.41. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, APD or SHW?

Over the past five years, APD grew revenue faster — APD at a 6.12% CAGR versus SHW at 4.87%.

Does APD or SHW pay a bigger dividend?

APD yields 2.45% and SHW yields 0.97% based on trailing dividends and the latest price.

Is APD or SHW more profitable?

APD runs the higher net margin — APD at 16.91% versus SHW at 10.86%.

How have APD and SHW total returns compared?

Over the past 10 years, APD delivered 10.49% and SHW delivered 13.93% annualized total return. Past performance doesn't predict future results.

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 July 28, 2026. Differences are shown without an overall score or investment verdict.

APD

Air Products and Chemicals, Inc.

$65.21B

$292.85Basic MaterialsDelayed quote: Jul 28, 2026, 4:00 PM EDT

SHW

The Sherwin-Williams Company

$87.38B

$354.27Basic MaterialsDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — APD vs SHW

growth of $100 · dividends reinvested · last 30y

APD +2318.5%SHW +6954.1%SHW compounded faster

APD SHW

APD vs SHW: by the numbers

•SHW is the larger company ($87.38B vs $65.21B market cap).
•APD trades at the lower trailing earnings multiple (30.95 vs 31.41 P/E), one valuation lens rather than an overall verdict.
•APD converts more revenue to profit (16.91% vs 10.86% net margin).
•APD grew revenue faster over the past five years (6.12% vs 4.87% CAGR).
•APD pays the higher dividend yield (2.45% vs 0.97%).

Metrics side by side

Valuation

Metric	APD	SHW
P/E ratio	30.95	31.41
Forward P/E	22.12	27.83
P/S ratio	5.23	3.39
P/B ratio	4.17	18.32
PEG ratio	1.40	4.66
EV / EBITDA	21.44	21.17
FCF yield	1.70%	3.58%

Profitability

Metric	APD	SHW
Gross margin	31.98%	49.12%
Operating margin	-7.29%	16.13%
Net margin	16.91%	10.86%
ROE	13.47%	58.66%
ROIC	-1.82%	15.21%

Dividends

Metric	APD	SHW
Dividend yield	2.45%	0.97%
Payout ratio	N/A	30.64%

Growth (annualized)

Metric	APD	SHW
Revenue CAGR (5Y)	6.12%	4.87%
EPS CAGR (5Y)	N/A	6.74%
FCF CAGR (5Y)	N/A	-2.44%
Total return CAGR (5Y)	2.80%	3.54%

Frequently asked

Which has the lower trailing P/E, APD or SHW?: APD has the lower trailing P/E: APD trades at 30.95 and SHW at 31.41. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, APD or SHW?: Over the past five years, APD grew revenue faster — APD at a 6.12% CAGR versus SHW at 4.87%.
Does APD or SHW pay a bigger dividend?: APD yields 2.45% and SHW yields 0.97% based on trailing dividends and the latest price.
Is APD or SHW more profitable?: APD runs the higher net margin — APD at 16.91% versus SHW at 10.86%.
How have APD and SHW total returns compared?: Over the past 10 years, APD delivered 10.49% and SHW delivered 13.93% annualized total return. Past performance doesn't predict future results.

Go deeper

Full APD analysis Full SHW analysis Interactive comparison tool

Dig into the metrics

Air Products and Chemicals P/E ratio Sherwin-Williams P/E ratio Air Products and Chemicals dividend yield Sherwin-Williams dividend yield Air Products and Chemicals ROE Sherwin-Williams ROE Air Products and Chemicals operating margin Sherwin-Williams operating margin Air Products and Chemicals revenue growth Sherwin-Williams revenue growth Air Products and Chemicals free cash flow Sherwin-Williams free cash flow

Air Products and Chemicals & Sherwin-Williams appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest ROE Stocks Highest 10-Year Total Return Stocks

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 July 28, 2026.