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Air Products and Chemicals, Inc. (APD)
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Air Products and Chemicals, Inc. (APD) EV/Sales Ratio: 6.34x

Is Air Products and Chemicals, Inc.’s EV/Sales ratio high or low?

Air Products and Chemicals, Inc.'s EV/Sales ratio of 6.34x is in line with its 5-year average of 5.99x, around the middle of its 5-year range (4.65x–7.48x).

The EV/Sales ratio for Air Products and Chemicals, Inc. (APD) is 6.34x as of Wednesday, June 10, 2026. It is below its 12-month average by 1.61% (6.44x).

APD EV/Sales Ratio Chart

APD EV/Sales Ratio
6.34x-2.01% 1Y
Zoom

APD Average EV/Sales Ratio Chart

APD Current vs Average EV/Sales Ratio Chart

APD EV/Sales Ratio Metrics

EV/SALES RATIO

6.34x

EV/SALES RATIO AVG TTM

6.44x

EV/SALES RATIO AVG 3Y

6.11x

EV/SALES RATIO AVG 5Y

5.99x

EV/SALES RATIO AVG 10Y

5.59x

EV/SALES RATIO AVG 15Y

4.65x

EV/SALES RATIO AVG 20Y

4.02x

CURRENT VS TTM AVG

-1.61%

CURRENT VS 3Y AVG

+3.84%

CURRENT VS 5Y AVG

+5.83%

CURRENT VS 10Y AVG

+13.35%

CURRENT VS 15Y AVG

+36.48%

CURRENT VS 20Y AVG

+57.91%

APD Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Air Products and Chemicals, Inc. (APD)$61.57B6.34x6.44x6.11x5.99x
Nucor Corporation (NUE)$57.05B1.82x1.36x1.22x1.18x
Ecolab Inc. (ECL)$72.33B4.95x5.33x4.89x4.78x
The Sherwin-Williams Company (SHW)$74.96B3.72x4.20x4.12x4.05x
Vulcan Materials Company (VMC)$35.38B5.08x5.54x5.07x4.92x
Freeport-McMoRan Inc. (FCX)$89.24B3.63x3.12x2.86x2.79x
Newmont Corporation (NEM)$99.04B4.00x4.79x3.91x3.87x
International Flavors & Fragrances Inc. (IFF)$18.95B2.26x2.22x2.55x3.16x
DuPont de Nemours, Inc. (DD)$18.47B2.17x1.79x1.65x1.71x
Alcoa Corporation (AA)$17.30B1.46x1.11x0.84x0.82x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Air Products and Chemicals, Inc. EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Air Products and Chemicals, Inc. EV/Sales Ratio FAQ

What is the EV/Sales ratio for Air Products and Chemicals, Inc. (APD)?
The EV/Sales ratio for APD stock is 6.34x.
Is Air Products and Chemicals, Inc.'s EV/Sales ratio high or low?
Air Products and Chemicals, Inc.'s EV/Sales ratio of 6.34x is in line with its 5-year average of 5.99x, around the middle of its 5-year range (4.65x–7.48x).
What is the TTM average EV/Sales ratio for Air Products and Chemicals, Inc. (APD)?
The TTM average EV/Sales ratio for APD stock is 6.44x.
What is the 3Y average EV/Sales ratio for Air Products and Chemicals, Inc. (APD)?
The 3Y average EV/Sales ratio for APD stock is 6.11x.
What is the 5Y average EV/Sales ratio for Air Products and Chemicals, Inc. (APD)?
The 5Y average EV/Sales ratio for APD stock is 5.99x.
What is the 10Y average EV/Sales ratio for Air Products and Chemicals, Inc. (APD)?
The 10Y average EV/Sales ratio for APD stock is 5.59x.
What is the 15Y average EV/Sales ratio for Air Products and Chemicals, Inc. (APD)?
The 15Y average EV/Sales ratio for APD stock is 4.65x.
What is the 20Y average EV/Sales ratio for Air Products and Chemicals, Inc. (APD)?
The 20Y average EV/Sales ratio for APD stock is 4.02x.

Air Products and Chemicals, Inc. EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-106.34x
2026-06-096.46x
2026-06-086.35x
2026-06-056.45x
2026-06-046.45x
2026-06-036.44x
2026-06-026.39x
2026-06-016.38x
2026-05-296.38x
2026-05-286.47x
2026-05-276.51x
2026-05-266.58x
2026-05-226.57x
2026-05-216.59x
2026-05-206.57x
2026-05-196.61x
2026-05-186.64x
2026-05-156.68x
2026-05-146.76x
2026-05-136.87x
2026-05-126.83x
2026-05-116.84x
2026-05-086.68x
2026-05-076.67x
2026-05-066.77x
2026-05-056.83x
2026-05-046.73x
2026-05-016.78x
2026-04-306.76x
2026-04-296.92x
2026-04-286.94x
2026-04-276.92x
2026-04-246.91x
2026-04-236.95x
2026-04-226.82x
2026-04-216.78x
2026-04-206.81x
2026-04-176.73x
2026-04-166.83x
2026-04-156.79x
2026-04-146.82x
2026-04-136.85x
2026-04-106.86x
2026-04-096.84x
2026-04-086.82x
2026-04-076.74x
2026-04-066.77x
2026-04-026.76x
2026-04-016.69x
2026-03-316.71x
2026-03-306.73x
2026-03-276.74x
2026-03-266.75x
2026-03-256.70x
2026-03-246.63x
2026-03-236.49x
2026-03-206.53x
2026-03-196.59x
2026-03-186.54x
2026-03-176.63x
2026-03-166.68x
2026-03-136.66x
2026-03-126.71x
2026-03-116.47x
2026-03-106.42x
2026-03-096.41x
2026-03-066.37x
2026-03-056.45x
2026-03-046.41x
2026-03-036.39x
2026-03-026.45x
2026-02-276.43x
2026-02-266.45x
2026-02-256.52x
2026-02-246.50x
2026-02-236.57x
2026-02-206.54x
2026-02-196.53x
2026-02-186.56x
2026-02-176.47x
2026-02-136.51x
2026-02-126.72x
2026-02-116.75x
2026-02-106.71x
2026-02-096.63x
2026-02-066.57x
2026-02-056.58x
2026-02-046.63x
2026-02-036.48x
2026-02-026.35x
2026-01-306.38x
2026-01-296.12x
2026-01-286.11x
2026-01-276.17x
2026-01-266.24x
2026-01-236.21x
2026-01-226.26x
2026-01-216.25x
2026-01-206.16x
2026-01-166.33x
2026-01-156.30x
2026-01-146.32x
2026-01-136.30x
2026-01-126.32x
2026-01-096.26x
2026-01-086.21x
2026-01-076.22x
2026-01-066.16x
2026-01-056.08x
2026-01-026.01x
2025-12-315.95x
2025-12-305.98x
2025-12-295.96x
2025-12-265.96x
2025-12-245.93x
2025-12-235.91x
2025-12-225.91x
2025-12-195.82x
2025-12-185.89x
2025-12-175.94x
2025-12-165.86x
2025-12-155.91x
2025-12-125.87x
2025-12-115.89x
2025-12-105.76x
2025-12-095.65x
2025-12-085.75x
2025-12-056.20x
2025-12-046.22x
2025-12-036.20x
2025-12-026.13x
2025-12-016.21x
2025-11-286.21x
2025-11-266.17x
2025-11-256.17x
2025-11-246.13x
2025-11-216.14x
2025-11-206.02x
2025-11-196.01x
2025-11-185.99x
2025-11-176.01x
2025-11-146.12x
2025-11-136.19x
2025-11-126.16x
2025-11-116.18x
2025-11-106.11x
2025-11-076.13x
2025-11-066.11x
2025-11-055.72x
2025-11-045.78x
2025-11-035.75x
2025-10-315.81x
2025-10-305.85x
2025-10-295.92x
2025-10-286.03x
2025-10-276.06x
2025-10-246.04x
2025-10-236.04x
2025-10-226.01x
2025-10-216.04x
2025-10-206.03x
2025-10-176.01x
2025-10-166.01x
2025-10-156.09x
2025-10-146.17x
2025-10-136.15x
2025-10-106.08x
2025-10-096.18x
2025-10-086.29x
2025-10-076.34x
2025-10-066.34x
2025-10-036.35x
2025-10-026.33x
2025-10-016.30x
2025-09-306.37x
2025-09-296.33x
2025-09-266.26x
2025-09-256.24x
2025-09-246.36x
2025-09-236.44x
2025-09-226.64x
2025-09-196.69x
2025-09-186.73x
2025-09-176.70x
2025-09-166.60x
2025-09-156.68x
2025-09-126.74x
2025-09-116.77x
2025-09-106.64x
2025-09-096.64x
2025-09-086.67x
2025-09-056.69x
2025-09-046.69x
2025-09-036.71x
2025-09-026.73x
2025-08-296.77x
2025-08-286.78x
2025-08-276.77x
2025-08-266.76x
2025-08-256.77x
2025-08-226.86x
2025-08-216.75x
2025-08-206.73x
2025-08-196.69x
2025-08-186.65x
2025-08-156.70x
2025-08-146.73x
2025-08-136.77x
2025-08-126.68x
2025-08-116.58x
2025-08-086.67x
2025-08-076.66x
2025-08-066.67x
2025-08-056.74x
2025-08-046.64x
2025-08-016.54x
2025-07-316.65x
2025-07-306.62x
2025-07-296.72x
2025-07-286.72x
2025-07-256.79x
2025-07-246.75x
2025-07-236.77x
2025-07-226.77x
2025-07-216.69x
2025-07-186.72x
2025-07-176.69x
2025-07-166.60x
2025-07-156.56x
2025-07-146.64x
2025-07-116.66x
2025-07-106.70x
2025-07-096.70x
2025-07-086.66x
2025-07-076.60x
2025-07-036.66x
2025-07-026.63x
2025-07-016.54x
2025-06-306.47x
2025-06-276.48x
2025-06-266.49x
2025-06-256.47x
2025-06-246.45x
2025-06-236.31x
2025-06-206.26x
2025-06-186.35x
2025-06-176.38x
2025-06-166.44x
2025-06-136.44x
2025-06-126.50x
2025-06-116.48x
2025-06-106.47x
2025-06-096.43x
2025-06-066.43x
2025-06-056.37x
2025-06-046.44x
2025-06-036.50x
2025-06-026.41x
2025-05-306.42x
2025-05-296.31x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Air Products and Chemicals, Inc.

Operating globally, Air Products and Chemicals, Inc. (APD) is a prominent supplier of industrial gases, specialized equipment, and associated services. The company's diverse product range includes atmospheric gases such as oxygen, nitrogen, and argon, as well as various process gases like hydrogen, helium, carbon dioxide, carbon monoxide, and syngas. They also provide a selection of specialty gases. APD is involved in the fabrication of crucial machinery for gas production and handling, including air separation units and non-cryogenic generators. These products and services cater to a broad spectrum of industries, including but not limited to refining, chemical processing, gasification, metals production, general manufacturing, food and beverage, electronics, medical imaging, and energy generation. Moreover, the company's capabilities extend to designing and manufacturing advanced systems for air separation, hydrocarbon recovery and purification, the liquefaction of natural gas, and the secure transportation and storage of liquid helium and hydrogen. APD also engages in a strategic partnership with Baker Hughes Company to further innovate hydrogen compression systems. The firm was established in 1940 and is based in Allentown, Pennsylvania.

Allentown, PA
21,850 employees
Basic Materials / Chemicals - Specialty
Sector
Basic Materials
Industry
Chemicals - Specialty
CEO
Eduardo F. Menezes