APD vs. RGLD: Air Products and Chemicals vs. Royal Gold Stock Comparison
How do Air Products and Chemicals (APD) and Royal Gold (RGLD) 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 Royal Gold (RGLD) both fall under the Materials industry group, but APD is classified in Chemicals while RGLD is classified in Metals & Mining.
| Profile Item | APD | RGLD |
|---|---|---|
| Name | Air Products and Chemicals Inc. | Royal Gold, Inc. |
| 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 | 22.47 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 17, 1980 | June 9, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | APD | RGLD |
|---|---|---|
| Total Return (1Y) | 23.26% | 60.60% |
| Total Return (3Y, Annualized) | 8.49% | 39.65% |
| Total Return (5Y, Annualized) | 2.43% | 23.26% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | APD | RGLD |
|---|---|---|
| Volatility (1Y, Annualized) | 25.21% | 41.91% |
| Beta (5Y) | 0.67 | 0.39 |
| Max Drawdown (5Y) | -31.77% | -40.73% |
| Avg. Volume (3M) | 1.06M | 667.01K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | APD | RGLD |
|---|---|---|
| Sharpe Ratio (1Y) | 0.75 | 1.34 |
| Sortino Ratio (1Y) | 1.14 | 2.00 |
Profitability
ROE (TTM)
Both Air Products and Chemicals (APD) at 3.19% and Royal Gold (RGLD) at 15.03% 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%
RGLD
Materials industry group
15.03%
- Max
- 52.88%
- Q3
- 19.49%
- RGLD
- 15.03%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Royal Gold (RGLD) at 47.99% converts revenue to bottom-line profit above its industry’s benchmark range, while Air Products and Chemicals (APD) at 4.10% keeps roughly the typical share for its industry.
APD
Materials industry group
4.10%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- APD
- 4.10%
- Q1
- 0.00%
- Min
- -20.40%
RGLD
Materials industry group
47.99%
- RGLD
- 47.99%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Royal Gold (RGLD) at 65.85% 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%
RGLD
Materials industry group
65.85%
- Max
- 66.70%
- RGLD
- 65.85%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | APD | RGLD |
|---|---|---|
| ROE (TTM) | 3.19% | 15.03% |
| ROA (TTM) | 4.80% | 9.97% |
| Net Margin (TTM) | 4.10% | 47.99% |
| Operating Margin (TTM) | 17.68% | 65.85% |
| Gross Margin (TTM) | 31.58% | 86.63% |
Growth
Revenue Growth
Royal Gold (RGLD) at 43.24% 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.
EPS Growth
Royal Gold (RGLD) at 32.74% 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.
Growth Metrics
| Metric | APD | RGLD |
|---|---|---|
| Revenue Growth (YoY) | -0.52% | 43.24% |
| Revenue Growth (3Y CAGR) | -1.77% | 19.54% |
| EPS Growth (YoY) | -110.30% | 32.74% |
| EPS Growth (3Y CAGR) | -- | 22.60% |
Financial Strength
Current Ratio (MRQ)
Royal Gold (RGLD) at 2.40 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
RGLD
Materials industry group
2.40
- Max
- 5.96
- Q3
- 3.30
- RGLD
- 2.40
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Royal Gold (RGLD) at 0.02 keeps leverage in the lower quartile, while Air Products and Chemicals (APD) at 1.06 sits in the higher-leverage quartile.
APD
Materials industry group
1.06
- Max
- 1.98
- APD
- 1.06
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
RGLD
Materials industry group
0.02
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- RGLD
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | APD | RGLD |
|---|---|---|
| Current Ratio (MRQ) | 1.07 | 2.40 |
| Debt / Equity (MRQ) | 1.06 | 0.02 |
| Net Debt / EBITDA | 3.61 | -0.03 |
Dividends
Dividend Yield (TTM)
Air Products and Chemicals (APD) at 2.33% delivers top-quartile income for its industry, while Royal Gold (RGLD) at 0.74% 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%
RGLD
Materials industry group
0.74%
- Max
- 4.52%
- Q3
- 1.85%
- RGLD
- 0.74%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Royal Gold (RGLD) at 19.41% 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%
RGLD
Materials industry group
19.41%
- Max
- 83.62%
- Q3
- 41.37%
- RGLD
- 19.41%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | APD | RGLD |
|---|---|---|
| Dividend Yield (TTM) | 2.33% | 0.74% |
| Dividend Payout Ratio (TTM) | 75.66% | 19.41% |
Valuation
P/E Ratio (TTM)
Royal Gold (RGLD) at 27.15 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
RGLD
Materials industry group
27.15
- Max
- 59.00
- Q3
- 32.93
- RGLD
- 27.15
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Both look expensive on sales: Air Products and Chemicals (APD) at 5.23 sits in the upper P/S ratio quartile, and Royal Gold (RGLD) at 12.86 prices even higher, above its industry range.
APD
Materials industry group
5.23
- Max
- 9.62
- APD
- 5.23
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
RGLD
Materials industry group
12.86
- RGLD
- 12.86
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Royal Gold (RGLD) at 2.91 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
RGLD
Materials industry group
2.91
- Max
- 6.59
- Q3
- 3.55
- RGLD
- 2.91
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | APD | RGLD |
|---|---|---|
| P/E Ratio (TTM) | 127.55 | 27.15 |
| P/S Ratio (TTM) | 5.23 | 12.86 |
| P/B Ratio (MRQ) | 4.76 | 2.91 |
| Free Cash Flow Yield (TTM) | -0.28% | 4.24% |