vs

Side-by-side financial comparison of Air Products (APD) and SharkNinja, Inc. (SN). Click either name above to swap in a different company.

SharkNinja, Inc. is the larger business by last-quarter revenue ($5.5B vs $3.2B, roughly 1.7× Air Products). On growth, SharkNinja, Inc. posted the faster year-over-year revenue change (30.0% vs 8.8%).

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...

SharkNinja is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as president. The company's name is formed by combining its two primary brands: Shark and Ninja.

APD vs SN — Head-to-Head

Bigger by revenue
SN
SN
1.7× larger
SN
$5.5B
$3.2B
APD
Growing faster (revenue YoY)
SN
SN
+21.2% gap
SN
30.0%
8.8%
APD

Income Statement — Q2 FY2026 vs Q4 FY2024

Metric
APD
APD
SN
SN
Revenue
$3.2B
$5.5B
Net Profit
$724.8M
Gross Margin
31.1%
48.1%
Operating Margin
11.7%
Net Margin
22.9%
Revenue YoY
8.8%
30.0%
Net Profit YoY
166.6%
EPS (diluted)
$3.19
$3.11

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
SN
SN
Q1 26
$3.2B
Q4 25
$3.1B
Q3 25
$3.2B
Q2 25
$3.0B
Q1 25
$2.9B
Q4 24
$2.9B
$5.5B
Q3 24
$3.2B
Q2 24
$3.0B
Net Profit
APD
APD
SN
SN
Q1 26
$724.8M
Q4 25
$678.2M
Q3 25
$4.9M
Q2 25
$713.8M
Q1 25
$-1.7B
Q4 24
$617.4M
Q3 24
$1.9B
Q2 24
$696.6M
Gross Margin
APD
APD
SN
SN
Q1 26
31.1%
Q4 25
32.1%
Q3 25
32.3%
Q2 25
32.5%
Q1 25
29.6%
Q4 24
31.2%
48.1%
Q3 24
34.0%
Q2 24
32.8%
Operating Margin
APD
APD
SN
SN
Q1 26
Q4 25
23.7%
Q3 25
0.5%
Q2 25
26.2%
Q1 25
-79.8%
Q4 24
22.0%
11.7%
Q3 24
76.1%
Q2 24
24.7%
Net Margin
APD
APD
SN
SN
Q1 26
22.9%
Q4 25
21.9%
Q3 25
0.2%
Q2 25
23.6%
Q1 25
-59.3%
Q4 24
21.1%
Q3 24
61.2%
Q2 24
23.3%
EPS (diluted)
APD
APD
SN
SN
Q1 26
$3.19
Q4 25
$3.04
Q3 25
$0.03
Q2 25
$3.20
Q1 25
$-7.77
Q4 24
$2.77
$3.11
Q3 24
$8.75
Q2 24
$3.13

Balance Sheet & Financial Strength

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

Metric
APD
APD
SN
SN
Cash + ST InvestmentsLiquidity on hand
$363.7M
Total DebtLower is stronger
$17.4M
Stockholders' EquityBook value
$18.1M
$1.9B
Total Assets
$41.6M
$4.4B
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APD
APD
SN
SN
Q1 26
Q4 25
$1.0B
Q3 25
$1.9B
Q2 25
$2.3B
Q1 25
$1.6B
Q4 24
$2.0B
$363.7M
Q3 24
$3.0B
Q2 24
$2.4B
Total Debt
APD
APD
SN
SN
Q1 26
$17.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
APD
APD
SN
SN
Q1 26
$18.1M
Q4 25
$15.4B
Q3 25
$15.0B
Q2 25
$15.5B
Q1 25
$14.7B
Q4 24
$16.7B
$1.9B
Q3 24
$17.0B
Q2 24
$15.1B
Total Assets
APD
APD
SN
SN
Q1 26
$41.6M
Q4 25
$41.2B
Q3 25
$41.1B
Q2 25
$41.7B
Q1 25
$38.9B
Q4 24
$40.0B
$4.4B
Q3 24
$39.6B
Q2 24
$37.0B
Debt / Equity
APD
APD
SN
SN
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
SN
SN
Operating Cash FlowLast quarter
$446.6M
Free Cash FlowOCF − Capex
$308.9M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
56.4%
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APD
APD
SN
SN
Q1 26
Q4 25
$900.7M
Q3 25
Q2 25
$855.8M
Q1 25
$328.1M
Q4 24
$811.7M
$446.6M
Q3 24
Q2 24
$1.3B
Free Cash Flow
APD
APD
SN
SN
Q1 26
Q4 25
$-350.5M
Q3 25
Q2 25
$-640.0M
Q1 25
$-1.6B
Q4 24
$-1.3B
$308.9M
Q3 24
Q2 24
$-345.2M
FCF Margin
APD
APD
SN
SN
Q1 26
Q4 25
-11.3%
Q3 25
Q2 25
-21.2%
Q1 25
-53.6%
Q4 24
-44.5%
5.6%
Q3 24
Q2 24
-11.6%
Capex Intensity
APD
APD
SN
SN
Q1 26
56.4%
Q4 25
40.3%
Q3 25
47.9%
Q2 25
49.5%
Q1 25
64.9%
Q4 24
72.2%
2.5%
Q3 24
65.1%
Q2 24
53.8%
Cash Conversion
APD
APD
SN
SN
Q1 26
Q4 25
1.33×
Q3 25
Q2 25
1.20×
Q1 25
Q4 24
1.31×
Q3 24
Q2 24
1.81×

Financial Flow Comparison

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

Related Comparisons