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Air Products and Chemicals, Inc. (APD)
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Air Products and Chemicals, Inc. (APD) PE Ratio: 29.25

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

Air Products and Chemicals, Inc.'s P/E ratio of 29.25 is in line with its 5-year average of 28.00, around the middle of its 5-year range (14.44–43.49).

The P/E ratio for Air Products and Chemicals, Inc. (APD) is 29.25 as of Wednesday, June 10, 2026. It is below its 12-month average by 23.49% (38.23).

PE Ratio (29.25) = Close Price ($276.48) / Diluted TTM EPS ($9.45)

APD PE Ratio Chart

APD PE Ratio
29.25-28.61% 1Y
Zoom

APD Average PE Ratio Chart

APD Current vs Average PE Ratio Chart

APD PE Ratio Metrics

PE RATIO

29.25

PE RATIO AVG TTM

38.23

PE RATIO AVG 3Y

27.85

PE RATIO AVG 5Y

28.00

PE RATIO AVG 10Y

28.71

PE RATIO AVG 15Y

26.01

PE RATIO AVG 20Y

24.12

CURRENT VS TTM AVG

-23.49%

CURRENT VS 3Y AVG

+5.02%

CURRENT VS 5Y AVG

+4.46%

CURRENT VS 10Y AVG

+1.90%

CURRENT VS 15Y AVG

+12.47%

CURRENT VS 20Y AVG

+21.28%

APD Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Air Products and Chemicals, Inc. (APD)$61.57B29.2538.2327.8528.00
Nucor Corporation (NUE)$57.05B24.8024.5615.2111.94
Ecolab Inc. (ECL)$72.33B34.7837.3139.9342.33
The Sherwin-Williams Company (SHW)$74.96B29.1632.9933.2634.19
Vulcan Materials Company (VMC)$35.38B32.4136.8038.0638.00
Freeport-McMoRan Inc. (FCX)$89.24B32.8535.8532.7625.96
Newmont Corporation (NEM)$99.04B12.0015.0914.1825.68
International Flavors & Fragrances Inc. (IFF)$18.95B22.7023.11238.12132.78
DuPont de Nemours, Inc. (DD)$18.47BN/A24.8313.5111.09
Alcoa Corporation (AA)$17.30B16.4311.7211.3814.66

P/E vs. its own history

At 29.3, P/E is richer than usual — richer than 77% of its 20-year range.

20-year low

9.0

median

23.1

20-year high

55.5

cheaperricher

P/E Comparison

Trailing P/E

29.3

Forward P/E

19.4

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$276.48

÷

Forward EPS (Est.)

$14.29

=

Forward P/E

19.35

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Air Products and Chemicals, Inc. PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Air Products and Chemicals, Inc. PE Ratio FAQ

What is the P/E ratio for Air Products and Chemicals, Inc. (APD)?
The P/E ratio for APD stock is 29.25.
Is Air Products and Chemicals, Inc.'s P/E ratio high or low?
Air Products and Chemicals, Inc.'s P/E ratio of 29.25 is in line with its 5-year average of 28.00, around the middle of its 5-year range (14.44–43.49).
What is the TTM average P/E ratio for Air Products and Chemicals, Inc. (APD)?
The TTM average P/E ratio for APD stock is 38.23.
What is the 3Y average P/E ratio for Air Products and Chemicals, Inc. (APD)?
The 3Y average P/E ratio for APD stock is 27.85.
What is the 5Y average P/E ratio for Air Products and Chemicals, Inc. (APD)?
The 5Y average P/E ratio for APD stock is 28.00.
What is the 10Y average P/E ratio for Air Products and Chemicals, Inc. (APD)?
The 10Y average P/E ratio for APD stock is 28.71.
What is the 15Y average P/E ratio for Air Products and Chemicals, Inc. (APD)?
The 15Y average P/E ratio for APD stock is 26.01.
What is the 20Y average P/E ratio for Air Products and Chemicals, Inc. (APD)?
The 20Y average P/E ratio for APD stock is 24.12.

Air Products and Chemicals, Inc. PE Ratio History

DATEPE RATIO
2026-06-1029.25
2026-06-0929.94
2026-06-0829.28
2026-06-0529.87
2026-06-0429.92
2026-06-0329.86
2026-06-0229.55
2026-06-0129.51
2026-05-2929.48
2026-05-2830.01
2026-05-2730.23
2026-05-2630.64
2026-05-2230.63
2026-05-2130.70
2026-05-2030.60
2026-05-1930.87
2026-05-1831.03
2026-05-1531.25
2026-05-1431.73
2026-05-1332.40
2026-05-1232.12
2026-05-1132.22
2026-05-0831.25
2026-05-0731.21
2026-05-0631.76
2026-05-0532.16
2026-05-0431.56
2026-05-0131.85
2026-04-3031.74
2025-11-1936.44
2025-11-1836.28
2025-11-1736.42
2025-11-1437.32
2025-11-1337.85
2025-11-1237.63
2025-11-1137.73
2025-11-1037.18
2025-11-0737.37
2025-11-0637.24
2025-11-0534.18
2025-11-0434.64
2025-11-0334.44
2025-10-3134.91
2025-10-3035.20
2025-10-2935.73
2025-10-2836.61
2025-10-2736.80
2025-10-2436.68
2025-10-2336.68
2025-10-2236.42
2025-10-2136.65
2025-10-2036.58
2025-10-1736.43
2025-10-1636.43
2025-10-1537.04
2025-10-1437.70
2025-10-1337.53
2025-10-1036.99
2025-10-0937.80
2025-10-0838.64
2025-10-0738.98
2025-10-0638.99
2025-10-0339.06
2025-10-0238.94
2025-10-0138.66
2025-09-3039.24
2025-09-2938.92
2025-09-2638.39
2025-09-2538.24
2025-09-2439.18
2025-09-2339.80
2025-09-2241.37
2025-09-1941.75
2025-09-1842.08
2025-09-1741.82
2025-09-1641.00
2025-09-1541.66
2025-09-1242.13
2025-09-1142.38
2025-09-1041.37
2025-09-0941.32
2025-09-0841.57
2025-09-0541.71
2025-09-0441.72
2025-09-0341.91
2025-09-0242.04
2025-08-2942.32
2025-08-2842.45
2025-08-2742.39
2025-08-2642.30
2025-08-2542.33
2025-08-2243.06
2025-08-2142.23
2025-08-2042.07
2025-08-1941.76
2025-08-1841.46
2025-08-1541.79
2025-08-1442.04
2025-08-1342.33
2025-08-1241.62
2025-08-1140.86
2025-08-0841.55
2025-08-0741.52
2025-08-0641.59
2025-08-0542.08
2025-08-0441.36
2025-08-0140.54
2025-07-3141.42
2025-07-3042.17
2025-07-2942.91
2025-07-2842.96
2025-07-2543.49
2025-07-2443.20
2025-07-2343.30
2025-07-2243.33
2025-07-2142.69
2025-07-1842.92
2025-07-1742.67
2025-07-1642.00
2025-07-1541.66
2025-07-1442.27
2025-07-1142.44
2025-07-1042.75
2025-07-0942.77
2025-07-0842.49
2025-07-0742.01
2025-07-0342.42
2025-07-0242.19
2025-07-0141.49
2025-06-3041.00
2025-06-2741.04
2025-06-2641.13
2025-06-2540.99
2025-06-2440.84
2025-06-2339.71
2025-06-2039.32
2025-06-1840.03
2025-06-1740.27
2025-06-1640.76
2025-06-1340.75
2025-06-1241.17
2025-06-1141.02
2025-06-1040.97
2025-06-0940.69
2025-06-0640.67
2025-06-0540.15
2025-06-0440.73
2025-06-0341.18
2025-06-0240.51
2025-05-3040.54
2025-05-2939.70
2025-05-2839.50
2025-05-2739.91
2025-05-2339.22
2025-05-2239.13
2025-05-2139.20
2025-05-2040.07
2025-05-1940.31
2025-05-1640.54
2025-05-1539.89
2025-05-1439.46
2025-05-1339.77
2025-05-1240.15
2025-05-0939.41
2025-05-0839.19
2025-05-0738.46
2025-05-0638.90
2025-05-0539.57
2025-05-0240.35
2025-05-0139.56
2025-04-3015.74
2025-04-2915.73
2025-04-2815.65
2025-04-2515.51
2025-04-2415.61
2025-04-2315.37
2025-04-2215.41
2025-04-2114.96
2025-04-1715.27
2025-04-1615.18
2025-04-1515.41
2025-04-1415.83
2025-04-1115.62
2025-04-1015.22
2025-04-0915.69
2025-04-0814.44
2025-04-0715.05
2025-04-0415.30
2025-04-0316.45
2025-04-0217.13
2025-04-0117.04
2025-03-3117.13
2025-03-2816.97
2025-03-2717.14
2025-03-2617.15
2025-03-2517.02
2025-03-2417.04
2025-03-2116.94
2025-03-2017.01
2025-03-1917.07
2025-03-1816.95
2025-03-1717.17
2025-03-1416.95
2025-03-1317.01
2025-03-1217.11
2025-03-1117.31
2025-03-1017.64
2025-03-0718.37
2025-03-0618.06
2025-03-0518.09
2025-03-0417.73
2025-03-0318.04
2025-02-2818.36
2025-02-2718.14
2025-02-2618.23
2025-02-2518.43
2025-02-2417.97
2025-02-2118.00
2025-02-2018.25
2025-02-1918.41
2025-02-1818.41
2025-02-1418.36
2025-02-1318.30
2025-02-1218.02
2025-02-1117.97
2025-02-1018.03
2025-02-0718.03
2025-02-0619.06
2025-02-0519.39
2025-02-0419.54
2025-02-0319.68
2025-01-3119.51
2025-01-3019.51
2025-01-2919.05
2025-01-2819.03
2025-01-2719.02
2025-01-2419.17
2025-01-2318.86
2025-01-2218.45
2025-01-2118.61
2025-01-1718.50
2025-01-1618.16
2025-01-1517.86
2025-01-1417.93
2025-01-1317.56
2025-01-1017.06
2025-01-0816.60
2025-01-0716.67
2025-01-0616.49
2025-01-0316.53
2025-01-0216.49
2024-12-3116.88
2024-12-3016.80
2024-12-2717.04
2024-12-2617.18
2024-12-2417.23
2024-12-2317.09
2024-12-2017.17
2024-12-1917.06
2024-12-1817.19

Showing the most recent 260 of 4,922 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