Air Products and Chemicals, Inc. (APD) vs Wheaton Precious Metals Corp. (WPM)

WPM leads on 10 of 16 compared metrics, though APD is the cheaper stock.

A side-by-side comparison of Air Products and Chemicals, Inc. and Wheaton Precious Metals Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — APD vs WPM

growth of $100 · last 21y
APD +409.4%WPM +3828.5%WPM compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020092013201720212025$509$3,929
APD WPM

APD vs WPM: by the numbers

  • APD is the larger company ($62.40B vs $55.66B market cap).
  • APD trades at the lower earnings multiple (29.65 vs 30.95 P/E).
  • WPM converts more revenue to profit (65.55% vs 16.91% net margin).
  • WPM grew revenue faster over the past five years (18.70% vs 6.12% CAGR).
  • APD pays the higher dividend yield (2.56% vs 0.59%).

Which is better, APD or WPM?

Metric tally: APD 6 · WPM 10

It depends on what you're optimizing for:

ValueAPD(lower P/E)
GrowthWPM(faster 5Y revenue CAGR)
IncomeAPD(higher dividend yield)
QualityWPM(higher ROIC)

Metrics side by side

Valuation

MetricAPDWPM
P/E ratio29.6530.95
Forward P/E19.5821.66
P/S ratio5.0120.30
P/B ratio3.996.01
PEG ratio1.400.20
EV / EBITDA17.6022.31
FCF yield1.77%1.78%

Profitability

MetricAPDWPM
Gross margin31.98%77.10%
Operating margin18.41%71.81%
Net margin16.91%65.55%
ROE13.47%19.41%
ROIC-1.82%15.60%

Dividends

MetricAPDWPM
Dividend yield2.56%0.59%
Payout ratio21.82%

Growth (annualized)

MetricAPDWPM
Revenue CAGR (5Y)6.12%18.70%
EPS CAGR (5Y)16.58%22.63%
FCF CAGR (5Y)6.54%8.38%
Total return CAGR (5Y)1.64%24.34%

Frequently asked

Which is better, APD or WPM?
It depends on your goal. value: APD (lower P/E); growth: WPM (faster 5Y revenue CAGR); income: APD (higher dividend yield); quality: WPM (higher ROIC). Across all compared metrics, WPM leads 10 to 6.
Is APD or WPM cheaper?
On trailing earnings, APD is cheaper: APD trades at a 29.65 P/E and WPM at 30.95.
Which has grown faster, APD or WPM?
Over the past five years, WPM grew revenue faster — APD at a 6.12% CAGR versus WPM at 18.70%.
Does APD or WPM pay a bigger dividend?
APD yields 2.56% and WPM yields 0.59% based on trailing dividends and the latest price.
Is APD or WPM more profitable?
WPM runs the higher net margin — APD at 16.91% versus WPM at 65.55%.
Which has been the better investment, APD or WPM?
Over the past 10-year, WPM delivered the higher annualized total return — APD at 10.44% versus WPM at 20.88%. 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 20, 2026.