Air Products and Chemicals (APD) vs International Flavors & Fragrances (IFF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
International Flavors & Fragrances (IFF) has outperformed Air Products and Chemicals (APD) over the past year, gaining 37.8% versus a gain of 2.7%. Over five years, APD leads with a -5.0% price change compared with -43.0% for IFF. Air Products and Chemicals is the larger company by market cap ($61.93 billion vs $21.46 billion), about 2.9 times the size.
On valuation, Air Products and Chemicals trades at a lower forward P/E (19.3x vs 21.2x for International Flavors & Fragrances). Air Products and Chemicals offers the higher dividend yield (2.59% vs 1.90%). Air Products and Chemicals converts more of its revenue into profit, with a net margin of -3.3% versus -3.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | APD | IFF |
|---|---|---|
| Share price | $278.12 | $84.11 |
| Market cap | $61.93B | $21.46B |
| 1-day change | -1.02% | +0.23% |
| YTD return | +12.59% | +24.81% |
| 1-year return | +2.67% | +37.84% |
| 5-year return | -4.98% | -43.01% |
| P/E ratio (TTM) | — | 83.28 |
| Forward P/E | 19.26 | 21.21 |
| EPS (TTM) | $-0.21 | $1.01 |
| Dividend yield | 2.59% | 1.90% |
| Annual dividend | $7.20 | $1.60 |
| Revenue (latest FY) | $12.04B | $10.89B |
| Revenue growth (YoY) | -0.52% | -5.17% |
| Net income (latest FY) | $-394.50M | $-359.00M |
| Gross margin | 31.41% | 36.16% |
| Operating margin | -7.29% | -3.51% |
| Net margin | -3.28% | -3.30% |
| 52-week high | $314.87 | $89.32 |
| 52-week low | $229.11 | $59.14 |
| Distance from 52-week high | -11.67% | -5.83% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +23.50% | +14.48% |
| Average volume | 1.09M | 1.69M |
| Shares outstanding | 222.69M | 255.15M |
| Employees | 21,087 | 21,500 |
| Sector | Basic Materials | Industrials |
| Industry | Major Chemicals | Major Chemicals |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Air Products and Chemicals is about 2.9 times larger than International Flavors & Fragrances by market value ($61.93B vs $21.46B).
- IFF has outperformed APD by 35.2 percentage points over the past year.
- The two companies sit in different sectors: Air Products and Chemicals in Basic Materials and International Flavors & Fragrances in Industrials.
About Air Products and Chemicals
APD stock →Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally.
Basic Materials · Major Chemicals · 21,087 employees
About International Flavors & Fragrances
IFF stock →International Flavors & Fragrances Inc., together with its subsidiaries, manufactures and markets food, beverage, health and biosciences, scent, and complementary adjacent products in the United States, and internationally. It operates in through Taste, Food Ingredients, Health & Biosciences, and Scent segments.
Industrials · Major Chemicals · 21,500 employees
APD vs IFF FAQ
Which is bigger, Air Products and Chemicals or International Flavors & Fragrances?
Air Products and Chemicals (APD) is larger, with a market capitalization of $61.93B compared with $21.46B for International Flavors & Fragrances (IFF).
Which stock has performed better over the past year, APD or IFF?
IFF returned +37.84% over the past 12 months, compared with +2.67% for APD (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Air Products and Chemicals or International Flavors & Fragrances?
Air Products and Chemicals has the higher yield at 2.59%, compared with 1.90% for International Flavors & Fragrances.
Are Air Products and Chemicals and International Flavors & Fragrances in the same industry?
Yes. Both are classified in the Major Chemicals industry within the Basic Materials sector.