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

Air Products is the larger business by last-quarter revenue ($3.2B vs $2.3B, roughly 1.4× Dole plc). Air Products runs the higher net margin — 22.9% vs 0.2%, a 22.6% gap on every dollar of revenue. On growth, Dole plc posted the faster year-over-year revenue change (10.5% vs 8.8%). Over the past eight quarters, Dole plc's revenue compounded faster (3.2% CAGR vs 3.1%).

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...

Dole plc is an Irish-American agricultural multinational corporation headquartered in Dublin, Ireland. The company is among the world's largest producers of fruit and vegetables, operating with 38,500 full-time and seasonal employees who supply some 300 products in 75 countries. Dole reported 2021 revenues of $6.5 billion.

APD vs DOLE — Head-to-Head

Bigger by revenue
APD
APD
1.4× larger
APD
$3.2B
$2.3B
DOLE
Growing faster (revenue YoY)
DOLE
DOLE
+1.7% gap
DOLE
10.5%
8.8%
APD
Higher net margin
APD
APD
22.6% more per $
APD
22.9%
0.2%
DOLE
Faster 2-yr revenue CAGR
DOLE
DOLE
Annualised
DOLE
3.2%
3.1%
APD

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
APD
APD
DOLE
DOLE
Revenue
$3.2B
$2.3B
Net Profit
$724.8M
$5.1M
Gross Margin
31.1%
6.8%
Operating Margin
1.1%
Net Margin
22.9%
0.2%
Revenue YoY
8.8%
10.5%
Net Profit YoY
166.6%
-64.6%
EPS (diluted)
$3.19
$0.05

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
APD
APD
DOLE
DOLE
Q1 26
$3.2B
Q4 25
$3.1B
Q3 25
$3.2B
$2.3B
Q2 25
$3.0B
$2.4B
Q1 25
$2.9B
$2.1B
Q4 24
$2.9B
Q3 24
$3.2B
$2.1B
Q2 24
$3.0B
$2.1B
Net Profit
APD
APD
DOLE
DOLE
Q1 26
$724.8M
Q4 25
$678.2M
Q3 25
$4.9M
$5.1M
Q2 25
$713.8M
$10.0M
Q1 25
$-1.7B
$38.9M
Q4 24
$617.4M
Q3 24
$1.9B
$14.4M
Q2 24
$696.6M
$80.1M
Gross Margin
APD
APD
DOLE
DOLE
Q1 26
31.1%
Q4 25
32.1%
Q3 25
32.3%
6.8%
Q2 25
32.5%
9.0%
Q1 25
29.6%
8.7%
Q4 24
31.2%
Q3 24
34.0%
8.0%
Q2 24
32.8%
9.4%
Operating Margin
APD
APD
DOLE
DOLE
Q1 26
Q4 25
23.7%
Q3 25
0.5%
1.1%
Q2 25
26.2%
4.3%
Q1 25
-79.8%
3.2%
Q4 24
22.0%
Q3 24
76.1%
2.3%
Q2 24
24.7%
4.0%
Net Margin
APD
APD
DOLE
DOLE
Q1 26
22.9%
Q4 25
21.9%
Q3 25
0.2%
0.2%
Q2 25
23.6%
0.4%
Q1 25
-59.3%
1.9%
Q4 24
21.1%
Q3 24
61.2%
0.7%
Q2 24
23.3%
3.8%
EPS (diluted)
APD
APD
DOLE
DOLE
Q1 26
$3.19
Q4 25
$3.04
Q3 25
$0.03
$0.05
Q2 25
$3.20
$0.10
Q1 25
$-7.77
$0.41
Q4 24
$2.77
Q3 24
$8.75
$0.15
Q2 24
$3.13
$0.84

Balance Sheet & Financial Strength

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

Metric
APD
APD
DOLE
DOLE
Cash + ST InvestmentsLiquidity on hand
$321.0M
Total DebtLower is stronger
$17.4M
Stockholders' EquityBook value
$18.1M
$1.4B
Total Assets
$41.6M
$4.5B
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APD
APD
DOLE
DOLE
Q1 26
Q4 25
$1.0B
Q3 25
$1.9B
$321.0M
Q2 25
$2.3B
$323.1M
Q1 25
$1.6B
$261.0M
Q4 24
$2.0B
Q3 24
$3.0B
$266.4M
Q2 24
$2.4B
$225.8M
Total Debt
APD
APD
DOLE
DOLE
Q1 26
$17.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
APD
APD
DOLE
DOLE
Q1 26
$18.1M
Q4 25
$15.4B
Q3 25
$15.0B
$1.4B
Q2 25
$15.5B
$1.4B
Q1 25
$14.7B
$1.3B
Q4 24
$16.7B
Q3 24
$17.0B
$1.4B
Q2 24
$15.1B
$1.4B
Total Assets
APD
APD
DOLE
DOLE
Q1 26
$41.6M
Q4 25
$41.2B
Q3 25
$41.1B
$4.5B
Q2 25
$41.7B
$4.7B
Q1 25
$38.9B
$4.5B
Q4 24
$40.0B
Q3 24
$39.6B
$4.5B
Q2 24
$37.0B
$4.4B
Debt / Equity
APD
APD
DOLE
DOLE
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
APD
APD
DOLE
DOLE
Operating Cash FlowLast quarter
$87.4M
Free Cash FlowOCF − Capex
$66.5M
FCF MarginFCF / Revenue
2.9%
Capex IntensityCapex / Revenue
56.4%
0.9%
Cash ConversionOCF / Net Profit
17.12×
TTM Free Cash FlowTrailing 4 quarters
$13.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APD
APD
DOLE
DOLE
Q1 26
Q4 25
$900.7M
Q3 25
$87.4M
Q2 25
$855.8M
$18.3M
Q1 25
$328.1M
$-78.8M
Q4 24
$811.7M
Q3 24
$101.0M
Q2 24
$1.3B
$40.2M
Free Cash Flow
APD
APD
DOLE
DOLE
Q1 26
Q4 25
$-350.5M
Q3 25
$66.5M
Q2 25
$-640.0M
$-1.0M
Q1 25
$-1.6B
$-131.6M
Q4 24
$-1.3B
Q3 24
$79.9M
Q2 24
$-345.2M
$22.8M
FCF Margin
APD
APD
DOLE
DOLE
Q1 26
Q4 25
-11.3%
Q3 25
2.9%
Q2 25
-21.2%
-0.0%
Q1 25
-53.6%
-6.3%
Q4 24
-44.5%
Q3 24
3.9%
Q2 24
-11.6%
1.1%
Capex Intensity
APD
APD
DOLE
DOLE
Q1 26
56.4%
Q4 25
40.3%
Q3 25
47.9%
0.9%
Q2 25
49.5%
0.8%
Q1 25
64.9%
2.5%
Q4 24
72.2%
Q3 24
65.1%
1.0%
Q2 24
53.8%
0.8%
Cash Conversion
APD
APD
DOLE
DOLE
Q1 26
Q4 25
1.33×
Q3 25
17.12×
Q2 25
1.20×
1.84×
Q1 25
-2.02×
Q4 24
1.31×
Q3 24
7.01×
Q2 24
1.81×
0.50×

Financial Flow Comparison

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

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