APD vs LIN
Air Products (APD) and Linde (LIN) compared side by side. Linde (LIN) is larger, with a market cap of $234.6B versus $68.4B for Air Products, about 3.4 times the size. APD returned +23.7% over the past year including dividends, versus +14.6% for LIN, through October 23, 2026..
Head to head
| Metric | APD | LIN |
|---|---|---|
| Market cap | $68.4B | $234.6B |
| P/E (TTM) | — | 32.8x |
| Forward P/E | 21.3x | 26.0x |
| Revenue (TTM) | $12.6B | $35.4B |
| Revenue growth | 4.6% | 9.3% |
| Gross margin | 32.1% | 48.3% |
| Operating margin | 25.5% | 28.1% |
| Free cash flow | -$301.4M | $5.0B |
| Dividend yield | 2.36% | 1.26% |
| 1-year return | +23.7% | +14.6% |
| 5-year return (annual) | +3.7% | +11.6% |
| Max drawdown | -60% | -52% |
| FI Handbook grade | D+ | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
$10.0K
$15.0K
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APD vs LIN FAQ
Which is bigger, APD or LIN?
Linde (LIN) is larger, with a market cap of $234.6B versus $68.4B for Air Products, about 3.4 times the size.
Which stock performed better over the past year, APD or LIN?
APD returned +23.7% over the past year including dividends, versus +14.6% for LIN, through October 23, 2026.
Which pays a higher dividend, APD or LIN?
APD yields 2.36% versus 1.26% for LIN.
Full pages: Air Products · Linde