Air Products & Chemicals, Inc. vs Raytheon Technologies Corp — how do they compare? Air Products & Chemicals, Inc. trades at $300.37 (market cap $66.70B), while Raytheon Technologies Corp trades at $196.74 (market cap $263.86B). The key difference: Raytheon Technologies Corp is far larger — about 4× Air Products & Chemicals, Inc.'s market cap, and Air Products & Chemicals, Inc. pays the higher dividend (2.42%). Which is the better fit depends on your goals.
| APD | RTX | |
|---|---|---|
Market Cap | $66.70B | $263.86B |
Sector | Basic Materials | Industrials |
52-Week High | $314.19 | $212.16 |
52-Week Low | $230.42 | $146.87 |
Enterprise Value | $84.11B | $295.97B |
Dividend Yield | 2.42% | 1.49% |
Signals from Pluang's Aura AI — not financial advice
APD trades at $299.53, up 1.24% today, with a bullish technical signal from moving averages and strong analyst support. Recent earnings beats and strategic project exits, like the Louisiana Clean Energy Complex, have boosted investor confidence. The company maintains solid profitability margins but faces pressure from a negative net income in 2025 due to a pre-tax charge. Cash flow trends show volatility, with significant investing outflows for growth initiatives.
The outlook is positive with a consensus price target of $324.89, implying ~8% upside. Risks include high debt levels, execution on new projects, and macroeconomic sensitivity. Long-term growth is supported by renewable energy investments, but near-term profitability recovery is key for sustained gains.
RTX trades at $195.93, up 0.37% today, with strong technical momentum and bullish analyst sentiment. The company has exceeded earnings expectations for three consecutive quarters, with Q2 2026 EPS expected at $1.66. Recent contract wins including a $515 million Navy radar contract and expanded manufacturing capacity in Poland support growth prospects. Operating cash flow improved to $10.57 billion in 2025, while net income margin expanded to 8.03%.
Outlook remains positive with 69% analyst buy ratings and $213 consensus price target, representing 8.7% upside. Key risks include defense budget volatility and elevated P/E ratio of 36.76. Revenue growth trajectory and margin expansion provide fundamental support, though valuation remains premium relative to historical levels.
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 →Raytheon Technologies is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufactures and to the defense market as a prime and subprime contractor.
Read more on RTX →