APD vs. EMR
APD (Air Products and Chemicals, Inc.) and EMR (Emerson Electric Co.) are both stocks. APD operates in Specialty Chemicals (Basic Materials), while EMR operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, APD returned 9.70%/yr vs 14.25%/yr for EMR. Their 0.46 correlation means their historical movements had little consistent relationship.
Performance
APD vs. EMR - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with APD having a 21.68% return and EMR slightly lower at 20.63%. Over the past 10 years, APD has underperformed EMR with an annualized return of 9.70%, while EMR has yielded a comparatively higher 14.25% annualized return.
APD
- 1D
- 0.60%
- 1M
- -6.20%
- 6M
- 7.35%
- YTD
- 21.68%
- 1Y
- 5.25%
- 3Y*
- 3.84%
- 5Y*
- 2.97%
- 10Y*
- 9.70%
- ALL TIME*
- 11.77%
EMR
- 1D
- 2.58%
- 1M
- 14.23%
- 6M
- 5.26%
- YTD
- 20.63%
- 1Y
- 13.18%
- 3Y*
- 20.65%
- 5Y*
- 11.68%
- 10Y*
- 14.25%
- ALL TIME*
- 9.35%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $376.90M | $346.11M | $383.63M | |
| $512.55M | $397.47M | $404.21M |
APD vs. EMR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APD Air Products and Chemicals, Inc. | 21.68% | -12.66% | 8.09% | -8.95% | 3.91% | 13.75% | 18.82% | 50.02% | 0.26% | 17.04% |
EMR Emerson Electric Co. | 20.63% | 8.92% | 29.73% | 3.75% | 5.74% | 18.19% | 8.61% | 31.53% | -11.87% | 29.05% |
Correlation
The correlation between APD and EMR is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.46 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1987 | 0.46 |
Over the past year, the correlation between APD and EMR has dropped to 0.23 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
Fundamentals
APD:
$65.63B
EMR:
$88.99B
APD:
-$0.21
EMR:
$4.57
APD:
5.21
EMR:
4.80
APD:
4.73
EMR:
4.37
APD:
$12.60B
EMR:
$18.64B
APD:
$4.04B
EMR:
$7.25B
APD:
$1.30B
EMR:
$4.66B
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Return for Risk
APD vs. EMR — Risk / Return Rank
APD
EMR
APD vs. EMR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Air Products and Chemicals, Inc. (APD) and Emerson Electric Co. (EMR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| APD | EMR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.10 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.24 | 0.56 | -0.33 |
| Martin ratioReturn relative to average drawdown | 0.57 | 1.36 | -0.79 |
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Drawdowns
APD vs. EMR - Drawdown Comparison
The maximum APD drawdown since its inception was -60.30%, roughly equal to the maximum EMR drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for APD and EMR.
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Drawdown Indicators
| APD | EMR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.30% | -59.05% | -1.25% |
Max Drawdown (1Y)Largest decline over 1 year | -22.39% | -23.45% | +1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -30.43% | -29.62% | -0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -31.77% | -29.62% | -2.15% |
Max Drawdown (10Y)Largest decline over 10 years | -31.77% | -50.77% | +19.00% |
Current DrawdownCurrent decline from peak | -9.38% | -0.99% | -8.39% |
Average DrawdownAverage peak-to-trough decline | -11.05% | -14.10% | +3.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.22% | 10.06% | -0.84% |
Volatility
APD vs. EMR - Volatility Comparison
The current volatility for Air Products and Chemicals, Inc. (APD) is 5.66%, while Emerson Electric Co. (EMR) has a volatility of 9.33%. This indicates that APD experiences smaller price fluctuations and is considered to be less risky than EMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APD | EMR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.66% | 9.33% | -3.67% |
Volatility (6M)Calculated over the trailing 6-month period | 17.29% | 26.02% | -8.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.73% | 31.87% | -5.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.48% | 27.58% | -1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.07% | 29.21% | -3.14% |
Dividends
APD vs. EMR - Dividend Comparison
APD's dividend yield for the trailing twelve months is around 2.44%, more than EMR's 1.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APD Air Products and Chemicals, Inc. | 2.44% | 2.89% | 1.83% | 2.56% | 2.10% | 1.97% | 1.96% | 1.97% | 2.75% | 2.32% | 2.39% | 2.49% |
EMR Emerson Electric Co. | 1.38% | 1.61% | 1.70% | 2.14% | 2.15% | 2.18% | 2.49% | 2.58% | 3.26% | 2.76% | 3.42% | 3.94% |
Financials
APD vs. EMR - Financials Comparison
This section allows you to compare key financial metrics between Air Products and Chemicals, Inc. and Emerson Electric Co.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
APD vs. EMR - Profitability Comparison
APD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Air Products and Chemicals, Inc. reported a gross profit of 1.04B and revenue of 3.16B. Therefore, the gross margin over that period was 32.8%.
EMR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Emerson Electric Co. reported a gross profit of 0.00 and revenue of 4.87B. Therefore, the gross margin over that period was 0.0%.
APD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Air Products and Chemicals, Inc. reported an operating income of -2.10B and revenue of 3.16B, resulting in an operating margin of -66.3%.
EMR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Emerson Electric Co. reported an operating income of 718.00M and revenue of 4.87B, resulting in an operating margin of 14.7%.
APD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Air Products and Chemicals, Inc. reported a net income of -1.44B and revenue of 3.16B, resulting in a net margin of -45.6%.
EMR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Emerson Electric Co. reported a net income of 718.00M and revenue of 4.87B, resulting in a net margin of 14.7%.
Frequently Asked Questions
APD and EMR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMR has higher volatility (9.33%) compared to APD (5.66%). In terms of maximum drawdown, APD dropped -60.30% vs EMR's -59.05%.
EMR currently has the higher Sharpe Ratio (0.42 vs 0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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