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APD vs. EQX: Air Products and Chemicals vs. Equinox Gold Stock Comparison

How do Air Products and Chemicals (APD) and Equinox Gold (EQX) 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 Equinox Gold (EQX) both fall under the Materials industry group, but APD is classified in Chemicals while EQX is classified in Metals & Mining.

Company profile comparison for Air Products and Chemicals (APD) and Equinox Gold (EQX)
Profile ItemAPDEQX
NameAir Products and Chemicals Inc.Equinox Gold Corp.
Country/RegionUnited StatesCanada
GICS SectorMaterialsMaterials
GICS Industry GroupMaterialsMaterials
GICS IndustryChemicalsMetals & Mining
GICS Sub-IndustryIndustrial GasesGold
Market Capitalization67.88 billion USD13.45 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE American
Listing DateMarch 17, 1980January 2, 2019
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

APD
EQX
GSPC
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX), 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

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Trailing total returns for Air Products and Chemicals (APD) and Equinox Gold (EQX). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Air Products and Chemicals (APD) and Equinox Gold (EQX). 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 Equinox Gold (EQX)
MetricAPDEQX
Total Return (1Y)23.26%1.87%
Total Return (3Y, Annualized)8.49%37.49%
Total Return (5Y, Annualized)2.43%8.54%

Risk Profile

Drawdown History

APD
EQX
GSPC
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX), 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

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Distribution of monthly total returns for Air Products and Chemicals (APD) and Equinox Gold (EQX). 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 Equinox Gold (EQX)
MetricAPDEQX
Volatility (1Y, Annualized)25.21%63.25%
Beta (5Y)0.671.25
Max Drawdown (5Y)-31.77%-71.57%
Avg. Volume (3M)1.06M12.60M

Risk-Adjusted Performance

Risk-Return Positioning

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APD and EQX 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 Equinox Gold (EQX)
MetricAPDEQX
Sharpe Ratio (1Y)0.75-0.04
Sortino Ratio (1Y)1.14-0.06

Profitability

ROE (TTM)

Both Air Products and Chemicals (APD) at 3.19% and Equinox Gold (EQX) at 8.47% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

APD

Materials industry group

3.19%

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

EQX

Materials industry group

8.47%

Max
52.88%
Q3
19.49%
Median
8.76%
EQX
8.47%
Q1
-3.41%
Min
-32.81%
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Equinox Gold (EQX) at 28.09% 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%

EQX

Materials industry group

28.09%

Max
38.66%
EQX
28.09%
Q3
15.98%
Median
5.28%
Q1
0.00%
Min
-20.40%
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Equinox Gold (EQX) at 32.14% 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%

EQX

Materials industry group

32.14%

Max
66.70%
EQX
32.14%
Q3
28.92%
Median
12.56%
Q1
3.28%
Min
-14.07%
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Air Products and Chemicals (APD) and Equinox Gold (EQX)
MetricAPDEQX
ROE (TTM)3.19%8.47%
ROA (TTM)4.80%6.74%
Net Margin (TTM)4.10%28.09%
Operating Margin (TTM)17.68%32.14%
Gross Margin (TTM)31.58%57.60%

Growth

Revenue Growth

Equinox Gold (EQX) at 99.07% delivers above-range revenue growth, while Air Products and Chemicals (APD) at -0.52% falls into the bottom quartile — a wide split in revenue momentum.

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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Equinox Gold (EQX) at -53.33% is around its peer norm for EPS growth, while Air Products and Chemicals (APD) at -110.30% drops into the bottom quartile, signaling weaker earnings momentum.

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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Air Products and Chemicals (APD) and Equinox Gold (EQX)
MetricAPDEQX
Revenue Growth (YoY)-0.52%99.07%
Revenue Growth (3Y CAGR)-1.77%24.04%
EPS Growth (YoY)-110.30%-53.33%
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Both Air Products and Chemicals (APD) at 1.07 and Equinox Gold (EQX) at 1.33 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

APD

Materials industry group

1.07

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

EQX

Materials industry group

1.33

Max
5.96
Q3
3.30
Median
2.24
Q1
1.45
EQX
1.33
Min
0.16
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Equinox Gold (EQX) at 0.13 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

EQX

Materials industry group

0.13

Max
1.98
Q3
0.89
Median
0.47
EQX
0.13
Q1
0.13
Min
0.00
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): 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 Equinox Gold (EQX)
MetricAPDEQX
Current Ratio (MRQ)1.071.33
Debt / Equity (MRQ)1.060.13
Net Debt / EBITDA3.610.21

Dividends

Dividend Yield (TTM)

Air Products and Chemicals (APD) at 2.33% delivers top-quartile income for its industry, while Equinox Gold (EQX) at 0.27% pays a more typical yield — both are credible income propositions, APD the richer one.

APD

Materials industry group

2.33%

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

EQX

Materials industry group

0.27%

Max
4.52%
Q3
1.85%
Median
0.38%
EQX
0.27%
Q1
0.00%
Min
0.00%
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Equinox Gold (EQX) at 6.25% pays out a band-typical share of earnings, while Air Products and Chemicals (APD) at 75.66% distributes more than its industry norm — less retained, thinner cover.

APD

Materials industry group

75.66%

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

EQX

Materials industry group

6.25%

Max
83.62%
Q3
41.37%
Median
9.54%
EQX
6.25%
Q1
0.00%
Min
0.00%
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Air Products and Chemicals (APD) and Equinox Gold (EQX)
MetricAPDEQX
Dividend Yield (TTM)2.33%0.27%
Dividend Payout Ratio (TTM)75.66%6.25%

Valuation

P/E Ratio (TTM)

Equinox Gold (EQX) at 24.00 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

EQX

Materials industry group

24.00

Max
59.00
Q3
32.93
EQX
24.00
Median
18.82
Q1
11.96
Min
3.93
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Both Air Products and Chemicals (APD) at 5.23 and Equinox Gold (EQX) at 4.64 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

APD

Materials industry group

5.23

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

EQX

Materials industry group

4.64

Max
9.62
EQX
4.64
Q3
4.34
Median
1.87
Q1
0.73
Min
0.00
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Equinox Gold (EQX) at 1.43 is valued about in line with its industry on P/B ratio, while Air Products and Chemicals (APD) at 4.76 carries an above-peer premium to book — APD is pricier on assets.

APD

Materials industry group

4.76

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

EQX

Materials industry group

1.43

Max
6.59
Q3
3.55
Median
2.08
EQX
1.43
Q1
1.26
Min
-0.17
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Air Products and Chemicals (APD) vs. Equinox Gold (EQX): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Air Products and Chemicals (APD) and Equinox Gold (EQX)
MetricAPDEQX
P/E Ratio (TTM)127.5524.00
P/S Ratio (TTM)5.234.64
P/B Ratio (MRQ)4.761.43
Free Cash Flow Yield (TTM)-0.28%2.15%