Air Products & Chemicals, Inc. vs Caterpillar Inc — how do they compare? Air Products & Chemicals, Inc. trades at $308.56 (market cap $68.63B), while Caterpillar Inc trades at $843.39 (market cap $385.01B). The key difference: Caterpillar Inc is far larger — about 5.6× Air Products & Chemicals, Inc.'s market cap, and Air Products & Chemicals, Inc. pays the higher dividend (2.35%). Which is the better fit depends on your goals.
| APD | CAT | |
|---|---|---|
Market Cap | $68.63B | $385.01B |
Sector | Basic Materials | Industrials |
52-Week High | $314.19 | $1.06K |
52-Week Low | $230.42 | $407.79 |
Enterprise Value | $85.80B | $423.45B |
Dividend Yield | 2.35% | 0.78% |
Signals from Pluang's Aura AI — not financial advice
Air Products and Chemicals (APD) trades at $303.44, up 1.17% today, with a bullish technical outlook supported by moving averages and recent earnings beats. The stock shows strong analyst support with a consensus price target of $346, though high valuation ratios like a P/E of 30.86 and EV/EBITDA of 50.36 raise concerns. Recent news highlights a major semiconductor supply deal in Taiwan and raised guidance after Q3 2026 results.
The outlook is mixed: positive momentum from contract wins and earnings performance offers upside, but negative net income margins and elevated debt levels pose risks. Investors should weigh growth catalysts against financial leverage and profitability challenges.
Caterpillar (CAT) trades at $842.19, down 1.72% on the day, with a bearish technical signal but strong fundamentals including a 56.99% ROE and consistent earnings beats. Revenue reached $67.59B in 2025, with net income of $8.88B, though margins dipped from 2024. Analysts maintain a buy consensus with a $1,010 price target, citing AI-driven demand from data centers as a growth catalyst, while technical indicators show resistance near $862 and support at $829.
Outlook is mixed: robust profitability and dividend growth support upside, but elevated P/E of 36.27 and bearish technicals pose near-term risks. Investors should weigh strong institutional sentiment against potential volatility from macroeconomic pressures and valuation concerns.
Trailing returns across standard periods
Latest headlines on both assets
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $10.3 billion in revenue in fiscal 2021.
Read more on APD →Caterpillar Inc. designs, manufactures, and markets construction, mining, and forestry machinery. The Company also manufactures engines and other related parts for its equipment, and offers financing and insurance. Caterpillar distributes its products through a worldwide organization of dealers.
Read more on CAT →