APD vs. AU: Air Products and Chemicals vs. AngloGold Ashanti Stock Comparison

November 11, 2026

How do Air Products and Chemicals (APD) and AngloGold Ashanti (AU) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Air Products and Chemicals (APD) and AngloGold Ashanti (AU) both fall under the Materials industry group, but APD is classified in Chemicals while AU is classified in Metals & Mining.

Company profile comparison for Air Products and Chemicals (APD) and AngloGold Ashanti (AU)
Profile Item	APD	AU
Name	Air Products and Chemicals Inc.	AngloGold Ashanti plc
Country/Region	United States	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Chemicals	Metals & Mining
GICS Sub-Industry	Industrial Gases	Gold
Market Capitalization	67.88 billion USD	47.04 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	August 5, 1998
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

APD

GSPC

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Air Products and Chemicals (APD) and AngloGold Ashanti (AU). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Air Products and Chemicals (APD) and AngloGold Ashanti (AU). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Air Products and Chemicals (APD) and AngloGold Ashanti (AU)
Metric	APD	AU
Total Return (1Y)	23.26%	47.97%
Total Return (3Y, Annualized)	8.49%	87.34%
Total Return (5Y, Annualized)	2.43%	42.76%

Risk Profile

Drawdown History

APD

GSPC

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Air Products and Chemicals (APD) and AngloGold Ashanti (AU). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Air Products and Chemicals (APD) and AngloGold Ashanti (AU)
Metric	APD	AU
Volatility (1Y, Annualized)	25.21%	60.11%
Beta (5Y)	0.67	0.67
Max Drawdown (5Y)	-31.77%	-51.75%
Avg. Volume (3M)	1.06M	2.54M

Risk-Adjusted Performance

Risk-Return Positioning

APD and AU are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Air Products and Chemicals (APD) and AngloGold Ashanti (AU)
Metric	APD	AU
Sharpe Ratio (1Y)	0.75	0.73
Sortino Ratio (1Y)	1.14	1.07

Profitability

ROE (TTM)

AngloGold Ashanti (AU) at 44.33% sits in the top ROE quartile, while Air Products and Chemicals (APD) at 3.19% is closer to the peer norm — stronger capital efficiency for AU.

APD

Materials industry group

3.19%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
APD: 3.19%
Q1: -3.41%
Min: -32.81%

AU

Materials industry group

44.33%

Max: 52.88%
AU: 44.33%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

AngloGold Ashanti (AU) at 32.64% retains a top-quartile share of revenue as profit, ahead of Air Products and Chemicals (APD) at 4.10%, which keeps about the industry-typical share.

APD

Materials industry group

4.10%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
APD: 4.10%
Q1: 0.00%
Min: -20.40%

AU

Materials industry group

32.64%

Max: 38.66%
AU: 32.64%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

AngloGold Ashanti (AU) at 45.36% operates in the top operating margin quartile, ahead of Air Products and Chemicals (APD) at 17.68%, which runs around its industry’s norm.

APD

Materials industry group

17.68%

Max: 66.70%
Q3: 28.92%
APD: 17.68%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

AU

Materials industry group

45.36%

Max: 66.70%
AU: 45.36%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Air Products and Chemicals (APD) and AngloGold Ashanti (AU)
Metric	APD	AU
ROE (TTM)	3.19%	44.33%
ROA (TTM)	4.80%	24.39%
Net Margin (TTM)	4.10%	32.64%
Operating Margin (TTM)	17.68%	45.36%
Gross Margin (TTM)	31.58%	54.84%

Growth

Revenue Growth

AngloGold Ashanti (AU) at 70.78% sits in the top revenue growth quartile, while Air Products and Chemicals (APD) at -0.52% is in the bottom quartile, showing a clear gap in revenue momentum.

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their Revenue Growth across different time periods.

EPS Growth

AngloGold Ashanti (AU) at 122.32% sits in the top EPS growth quartile, while Air Products and Chemicals (APD) at -110.30% is in the bottom quartile, showing a clear gap in earnings momentum.

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Air Products and Chemicals (APD) and AngloGold Ashanti (AU)
Metric	APD	AU
Revenue Growth (YoY)	-0.52%	70.78%
Revenue Growth (3Y CAGR)	-1.77%	30.02%
EPS Growth (YoY)	-110.30%	122.32%
EPS Growth (3Y CAGR)	--	93.95%

Financial Strength

Current Ratio (MRQ)

AngloGold Ashanti (AU) at 2.55 keeps current ratio within its industry’s typical mid-range, while Air Products and Chemicals (APD) at 1.07 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for APD.

APD

Materials industry group

1.07

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
APD: 1.07
Min: 0.16

AU

Materials industry group

2.55

Max: 5.96
Q3: 3.30
AU: 2.55
Median: 2.24
Q1: 1.45
Min: 0.16

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

AngloGold Ashanti (AU) at 0.16 carries an industry-typical debt-to-equity mix, while Air Products and Chemicals (APD) at 1.06 uses more debt funding than most peers.

APD

Materials industry group

1.06

Max: 1.98
APD: 1.06
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

AU

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
AU: 0.16
Q1: 0.13
Min: 0.00

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Air Products and Chemicals (APD) and AngloGold Ashanti (AU)
Metric	APD	AU
Current Ratio (MRQ)	1.07	2.55
Debt / Equity (MRQ)	1.06	0.16
Net Debt / EBITDA	3.61	-0.17

Dividends

Dividend Yield (TTM)

Air Products and Chemicals (APD) at 2.33% earns its spot in the top quartile of its industry’s yields; AngloGold Ashanti (AU) at 4.88% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

APD

Materials industry group

2.33%

Max: 4.52%
APD: 2.33%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

AU

Materials industry group

4.88%

AU: 4.88%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Air Products and Chemicals (APD) at 75.66% and AngloGold Ashanti (AU) at 58.78% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

APD

Materials industry group

75.66%

Max: 83.62%
APD: 75.66%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

AU

Materials industry group

58.78%

Max: 83.62%
AU: 58.78%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Air Products and Chemicals (APD) and AngloGold Ashanti (AU)
Metric	APD	AU
Dividend Yield (TTM)	2.33%	4.88%
Dividend Payout Ratio (TTM)	75.66%	58.78%

Valuation

P/E Ratio (TTM)

AngloGold Ashanti (AU) at 12.09 is near its industry’s usual P/E ratio, while Air Products and Chemicals (APD) at 127.55 sits above its peer range — an unusually expensive price for APD’s trailing earnings.

APD

Materials industry group

127.55

APD: 127.55
Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

AU

Materials industry group

12.09

Max: 59.00
Q3: 32.93
Median: 18.82
AU: 12.09
Q1: 11.96
Min: 3.93

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

AngloGold Ashanti (AU) at 3.91 is priced about in line with its industry on P/S ratio, while Air Products and Chemicals (APD) at 5.23 sits in the pricier quartile — APD costs more per dollar of sales.

APD

Materials industry group

5.23

Max: 9.62
APD: 5.23
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

AU

Materials industry group

3.91

Max: 9.62
Q3: 4.34
AU: 3.91
Median: 1.87
Q1: 0.73
Min: 0.00

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Both Air Products and Chemicals (APD) at 4.76 and AngloGold Ashanti (AU) at 5.01 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

APD

Materials industry group

4.76

Max: 6.59
APD: 4.76
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

AU

Materials industry group

5.01

Max: 6.59
AU: 5.01
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

Air Products and Chemicals (APD) vs. AngloGold Ashanti (AU): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Air Products and Chemicals (APD) and AngloGold Ashanti (AU)
Metric	APD	AU
P/E Ratio (TTM)	127.55	12.09
P/S Ratio (TTM)	5.23	3.91
P/B Ratio (MRQ)	4.76	5.01
Free Cash Flow Yield (TTM)	-0.28%	7.61%