Air Products and Chemicals EV/EBIT APD

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2010.

Today, Oct 23, 2026: 22.9×
10-year median: 22.8×
Against its 10-year history: 51st; percentile: 0 is its lowest day, 100 its highest
10-year range: 12.3× to 31.7×
Peer median: 15.7×

Air Products and Chemicals' EV/EBIT is 22.9× as of Oct 23, 2026.

That is above its ten-year median of 22.8×, close to the middle of its last ten years.

Over that time it ranged from 12.3× in Oct 2025 to 31.7× in Nov 2021.

The median for 10 specialty chemicals stocks of a similar size is 15.7×.

EV/EBIT over time

median 22.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	22.9×	20.0×	23.7×
2025	19.8×	12.3×	20.9×
2024	14.3×	14.3×	24.2×
2023	20.7×	19.9×	30.7×
2022	30.1×	23.2×	31.0×
2021	30.5×	26.1×	31.7×
2020	27.7×	18.7×	30.5×
2019	24.6×	17.9×	26.1×
2018	18.3×	17.7×	23.6×
2017	22.7×	20.7×	24.0×
2016	23.6×	17.9×	24.4×
2015	19.3×	18.3×	21.9×
2014	22.0×	15.9×	22.0×
2013	17.3×	12.8×	17.3×
2012	12.8×	11.9×	14.0×
2011	12.5×	11.4×	14.8×
2010	14.5×	10.5×	14.5×

Against its peers

Companies in Chemicals - Specialty nearest Air Products and Chemicals' size, closest first, today.

Company	EV/EBIT
APDAir Products and Chemicals	22.9×
ECLEcolab	29.5×
SHWSherwin-Williams	22.8×
PPGPPG Industries	11.7×
IFFInternational Flavors & Fragrances	15.3×
LYBLyondellBasell Industries	10.1×
LINLinde	28.2×
RPMRPM International	14.5×
CLXClorox	17.5×
NEUNewmarket	16.0×
AXTAAxalta Coating Systems	14.4×
Peer median	15.7×

Where Air Products and Chemicals ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Air Products and Chemicals

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.