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).
APD
Air Products and Chemicals, Inc.
$280.21Basic Materials
WPM
Wheaton Precious Metals Corp.
$122.57Basic Materials
Total return — APD vs WPM
growth of $100 · last 21yAPD +409.4%WPM +3828.5%WPM compounded faster
Log scale — wide-divergence pair
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 10It 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
| Metric | APD | WPM |
|---|---|---|
| P/E ratio | 29.65● | 30.95 |
| Forward P/E | 19.58● | 21.66 |
| P/S ratio | 5.01● | 20.30 |
| P/B ratio | 3.99● | 6.01 |
| PEG ratio | 1.40 | 0.20● |
| EV / EBITDA | 17.60● | 22.31 |
| FCF yield | 1.77% | 1.78% |
Profitability
| Metric | APD | WPM |
|---|---|---|
| Gross margin | 31.98% | 77.10%● |
| Operating margin | 18.41% | 71.81%● |
| Net margin | 16.91% | 65.55%● |
| ROE | 13.47% | 19.41%● |
| ROIC | -1.82% | 15.60%● |
Dividends
| Metric | APD | WPM |
|---|---|---|
| Dividend yield | 2.56%● | 0.59% |
| Payout ratio | — | 21.82% |
Growth (annualized)
| Metric | APD | WPM |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Air Products and Chemicals P/E ratioWheaton Precious Metals P/E ratioAir Products and Chemicals dividend yieldWheaton Precious Metals dividend yieldAir Products and Chemicals ROEWheaton Precious Metals ROEAir Products and Chemicals operating marginWheaton Precious Metals operating marginAir Products and Chemicals revenue growthWheaton Precious Metals revenue growthAir Products and Chemicals free cash flowWheaton Precious Metals free cash flow
Air Products and Chemicals & Wheaton Precious Metals 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 20, 2026.