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Side-by-side financial comparison of AUTOLIV INC (ALV) and Air Products (APD). Click either name above to swap in a different company.

Air Products is the larger business by last-quarter revenue ($3.2B vs $2.8B, roughly 1.1× AUTOLIV INC). Air Products runs the higher net margin — 22.9% vs 8.0%, a 14.8% gap on every dollar of revenue. On growth, Air Products posted the faster year-over-year revenue change (8.8% vs 7.7%). Over the past eight quarters, AUTOLIV INC's revenue compounded faster (3.8% CAGR vs 3.1%).

Autoliv is an American-Swedish automotive safety supplier headquartered in Stockholm, Sweden, and incorporated in Delaware, United States as Autoliv, Inc. It is the world’s largest automotive safety system supplier, producing systems such as airbags, seatbelts, and steering wheels for automotive manufacturers. Autoliv's name combines auto for automobiles, and "liv" {‘li:v} the Swedish word for "life".

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas; specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including refining, chemical, gasificati...

ALV vs APD — Head-to-Head

Bigger by revenue
APD
APD
1.1× larger
APD
$3.2B
$2.8B
ALV
Growing faster (revenue YoY)
APD
APD
+1.0% gap
APD
8.8%
7.7%
ALV
Higher net margin
APD
APD
14.8% more per $
APD
22.9%
8.0%
ALV
Faster 2-yr revenue CAGR
ALV
ALV
Annualised
ALV
3.8%
3.1%
APD

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ALV
ALV
APD
APD
Revenue
$2.8B
$3.2B
Net Profit
$226.0M
$724.8M
Gross Margin
20.3%
31.1%
Operating Margin
11.4%
Net Margin
8.0%
22.9%
Revenue YoY
7.7%
8.8%
Net Profit YoY
-7.4%
166.6%
EPS (diluted)
$2.97
$3.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALV
ALV
APD
APD
Q1 26
$3.2B
Q4 25
$2.8B
$3.1B
Q3 25
$2.7B
$3.2B
Q2 25
$2.7B
$3.0B
Q1 25
$2.6B
$2.9B
Q4 24
$2.6B
$2.9B
Q3 24
$2.6B
$3.2B
Q2 24
$2.6B
$3.0B
Net Profit
ALV
ALV
APD
APD
Q1 26
$724.8M
Q4 25
$226.0M
$678.2M
Q3 25
$175.0M
$4.9M
Q2 25
$167.0M
$713.8M
Q1 25
$167.0M
$-1.7B
Q4 24
$244.0M
$617.4M
Q3 24
$138.0M
$1.9B
Q2 24
$138.0M
$696.6M
Gross Margin
ALV
ALV
APD
APD
Q1 26
31.1%
Q4 25
20.3%
32.1%
Q3 25
19.3%
32.3%
Q2 25
18.5%
32.5%
Q1 25
18.5%
29.6%
Q4 24
21.0%
31.2%
Q3 24
18.0%
34.0%
Q2 24
18.2%
32.8%
Operating Margin
ALV
ALV
APD
APD
Q1 26
Q4 25
11.4%
23.7%
Q3 25
9.9%
0.5%
Q2 25
9.1%
26.2%
Q1 25
9.9%
-79.8%
Q4 24
13.5%
22.0%
Q3 24
8.8%
76.1%
Q2 24
7.9%
24.7%
Net Margin
ALV
ALV
APD
APD
Q1 26
22.9%
Q4 25
8.0%
21.9%
Q3 25
6.5%
0.2%
Q2 25
6.2%
23.6%
Q1 25
6.5%
-59.3%
Q4 24
9.3%
21.1%
Q3 24
5.4%
61.2%
Q2 24
5.3%
23.3%
EPS (diluted)
ALV
ALV
APD
APD
Q1 26
$3.19
Q4 25
$2.97
$3.04
Q3 25
$2.28
$0.03
Q2 25
$2.16
$3.20
Q1 25
$2.14
$-7.77
Q4 24
$3.07
$2.77
Q3 24
$1.74
$8.75
Q2 24
$1.71
$3.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALV
ALV
APD
APD
Cash + ST InvestmentsLiquidity on hand
$604.0M
Total DebtLower is stronger
$17.4M
Stockholders' EquityBook value
$2.6B
$18.1M
Total Assets
$8.6B
$41.6M
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALV
ALV
APD
APD
Q1 26
Q4 25
$604.0M
$1.0B
Q3 25
$225.0M
$1.9B
Q2 25
$237.0M
$2.3B
Q1 25
$322.0M
$1.6B
Q4 24
$330.0M
$2.0B
Q3 24
$415.0M
$3.0B
Q2 24
$408.0M
$2.4B
Total Debt
ALV
ALV
APD
APD
Q1 26
$17.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ALV
ALV
APD
APD
Q1 26
$18.1M
Q4 25
$2.6B
$15.4B
Q3 25
$2.5B
$15.0B
Q2 25
$2.5B
$15.5B
Q1 25
$2.4B
$14.7B
Q4 24
$2.3B
$16.7B
Q3 24
$2.3B
$17.0B
Q2 24
$2.3B
$15.1B
Total Assets
ALV
ALV
APD
APD
Q1 26
$41.6M
Q4 25
$8.6B
$41.2B
Q3 25
$8.5B
$41.1B
Q2 25
$8.5B
$41.7B
Q1 25
$8.1B
$38.9B
Q4 24
$7.8B
$40.0B
Q3 24
$8.3B
$39.6B
Q2 24
$8.0B
$37.0B
Debt / Equity
ALV
ALV
APD
APD
Q1 26
0.96×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALV
ALV
APD
APD
Operating Cash FlowLast quarter
$544.0M
Free Cash FlowOCF − Capex
$426.0M
FCF MarginFCF / Revenue
15.1%
Capex IntensityCapex / Revenue
4.2%
56.4%
Cash ConversionOCF / Net Profit
2.41×
TTM Free Cash FlowTrailing 4 quarters
$716.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALV
ALV
APD
APD
Q1 26
Q4 25
$544.0M
$900.7M
Q3 25
$258.0M
Q2 25
$278.0M
$855.8M
Q1 25
$77.0M
$328.1M
Q4 24
$420.0M
$811.7M
Q3 24
$177.0M
Q2 24
$340.0M
$1.3B
Free Cash Flow
ALV
ALV
APD
APD
Q1 26
Q4 25
$426.0M
$-350.5M
Q3 25
$152.0M
Q2 25
$163.0M
$-640.0M
Q1 25
$-25.0M
$-1.6B
Q4 24
$281.0M
$-1.3B
Q3 24
$31.0M
Q2 24
$186.0M
$-345.2M
FCF Margin
ALV
ALV
APD
APD
Q1 26
Q4 25
15.1%
-11.3%
Q3 25
5.6%
Q2 25
6.0%
-21.2%
Q1 25
-1.0%
-53.6%
Q4 24
10.7%
-44.5%
Q3 24
1.2%
Q2 24
7.1%
-11.6%
Capex Intensity
ALV
ALV
APD
APD
Q1 26
56.4%
Q4 25
4.2%
40.3%
Q3 25
3.9%
47.9%
Q2 25
4.2%
49.5%
Q1 25
4.0%
64.9%
Q4 24
5.3%
72.2%
Q3 24
5.7%
65.1%
Q2 24
5.9%
53.8%
Cash Conversion
ALV
ALV
APD
APD
Q1 26
Q4 25
2.41×
1.33×
Q3 25
1.47×
Q2 25
1.66×
1.20×
Q1 25
0.46×
Q4 24
1.72×
1.31×
Q3 24
1.28×
Q2 24
2.46×
1.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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