air products & chemicals inc. - APD

APD

Close Chg Chg %
316.20 0.28 0.09%

Closed Market

316.48

+0.28 (0.09%)

Volume: 651.42K

Last Updated:

Nov 13, 2026, 3:59 PM EDT

Company Overview: air products & chemicals inc. - APD

APD Key Data

Open

$317.19

Day Range

313.18 - 318.48

52 Week Range

229.11 - 324.00

Market Cap

$70.19B

Shares Outstanding

222.69M

Public Float

222.58M

Beta

0.67

Rev. Per Employee

N/A

P/E Ratio

132.03

EPS

$2.39

Yield

228.34%

Dividend

$1.81

EX-DIVIDEND DATE

Jan 4, 2027

SHORT INTEREST

N/A

AVERAGE VOLUME

1.06M

 

APD Performance

1 Week
 
3.83%
 
1 Month
 
5.65%
 
3 Months
 
2.45%
 
1 Year
 
22.05%
 
5 Years
 
2.11%
 

APD Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 24
Full Ratings ➔

About air products & chemicals inc. - APD

Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. It operates through the following segments: Americas, Asia, Europe, Middle East and India, and Corporate and Other. The Americas, Asia, Europe, and Middle East and India segments focuses on producing and selling gases to customers, including those in refining, chemicals, metals, electronics, manufacturing, medical, and food industries. The Corporate and Other segment is involved in sales of cryogenic and gas processing equipment for air separation that is sold worldwide to customers in a variety of industries, including chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. The company was founded by Leonard Parker Pool on September 30, 1940 and is headquartered in Allentown, PA.

APD At a Glance

Air Products & Chemicals, Inc.
1940 Air Products Boulevard
Allentown, Pennsylvania 18106-5500
Phone 1-610-481-4911 Revenue 12.99B
Industry Chemicals: Specialty Net Income 532.10M
Sector Process Industries 2026 Sales Growth 7.92%
Fiscal Year-end 09 / 2027 Employees N/A
View SEC Filings

APD Valuation

P/E Current 132.029
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 116.551
Price to Sales Ratio 4.774
Price to Book Ratio N/A
Price to Cash Flow Ratio 13.25
Enterprise Value to EBITDA 17.653
Enterprise Value to Sales 6.296
Total Debt to Enterprise Value 0.223

APD Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 7.06
Total Asset Turnover 0.316

APD Liquidity

Current Ratio 1.065
Quick Ratio 0.908
Cash Ratio 0.283

APD Profitability

Gross Margin 31.584
Operating Margin 23.948
Pretax Margin 4.249
Net Margin 4.096
Return on Assets 1.294
Return on Equity 3.631
Return on Total Capital 1.637
Return on Invested Capital 1.66

APD Capital Structure

Total Debt to Total Equity 127.655
Total Debt to Total Capital 56.074
Total Debt to Total Assets 44.237
Long-Term Debt to Equity 120.661
Long-Term Debt to Total Capital 53.002
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Air Products & Chemicals Inc. - APD

Collapse All in section
All values USD millions. 2023 2024 2025 2026 5-year trend
Sales/Revenue
12.60B 12.10B 12.04B 12.99B
Sales Growth
-0.79% -3.96% -0.52% +7.92%
Cost of Goods Sold (COGS) incl D&A
8.83B 8.17B 8.25B 8.89B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.36B 1.45B 1.56B 1.52B
Depreciation
- 1.33B 1.42B 1.53B
Amortization of Intangibles
- 32.50M 31.50M 37.30M
COGS Growth
-5.47% -7.50% +1.01% +7.75%
Gross Income
3.77B 3.93B 3.79B 4.10B
Gross Income Growth
+12.21% +4.32% -3.69% +8.29%
Gross Profit Margin
+29.93% +32.51% +31.48% +31.58%
2023 2024 2025 2026 5-year trend
SG&A Expense
1.06B 1.04B 1.00B 992.10M
Research & Development
105.60M 100.20M 96.30M 88.90M
Other SG&A
957.00M 942.40M 906.10M 903.20M
SGA Growth
+5.89% -1.88% -3.86% -1.03%
Other Operating Expense
- - - -
-
Unusual Expense
- (1.10M) 23.90M (32.60M)
EBIT after Unusual Expense
2.71B 2.87B 2.82B 3.11B
Non Operating Income/Expense
344.60M 2.17B (3.05B) (2.34B)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
604.30M 647.70M 647.70M 745.90M
Interest Expense
172.00M 214.90M 214.00M 220.40M
Interest Expense Growth
+40.75% +24.94% -0.42% +2.99%
Gross Interest Expense
287.40M 504.00M 615.80M 220.40M
Interest Capitalized
- 115.40M 289.10M 401.80M
Pretax Income
2.88B 4.82B (440.70M) 552.00M
Pretax Income Growth
+4.64% +67.26% -109.14% +225.26%
Pretax Margin
+22.88% +39.84% -3.66% +4.25%
Income Tax
551.20M 944.90M (94.30M) 1.60M
Income Tax - Current - Domestic
- 208.60M 659.50M 43.60M
Income Tax - Current - Foreign
- 367.30M 354.70M 416.90M
Income Tax - Deferred - Domestic
- (18.30M) (112.80M) (592.40M)
Income Tax - Deferred - Foreign
- (6.40M) 43.50M 37.60M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
604.30M 647.70M 647.70M 745.90M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.33B 3.88B (346.40M) 550.40M
Minority Interest Expense
38.40M 34.20M 40.10M 18.30M
Net Income
2.29B 3.84B (386.50M) 532.10M
Net Income Growth
+2.20% +67.57% -110.06% +237.67%
Net Margin Growth
+18.20% +31.75% -3.21% +4.10%
Extraordinaries & Discontinued Operations
- - - (8.00M)
-
Discontinued Operations
- - - (8.00M)
-
Net Income After Extraordinaries
2.29B 3.84B (394.50M) 532.10M
Preferred Dividends
- - - -
-
Net Income Available to Common
2.29B 3.84B (394.50M) 532.10M
EPS (Basic)
10.314 17.2679 -1.7714 2.3882
EPS (Basic) Growth
+2.06% +67.42% -110.26% +234.82%
Basic Shares Outstanding
222.30M 222.50M 222.70M 222.80M
EPS (Diluted)
10.2955 17.2446 -1.7714 2.3872
EPS (Diluted) Growth
+2.11% +67.50% -110.27% +234.76%
Diluted Shares Outstanding
222.70M 222.80M 222.70M 222.90M
EBITDA
4.07B 4.34B 4.35B 4.63B
EBITDA Growth
+10.05% +6.78% +0.18% +6.48%
EBITDA Margin
+32.28% +35.89% +36.14% +35.66%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 348.55
Number of Ratings 24 Current Quarters Estimate 3.43
FY Report Date 12 / 2026 Current Year's Estimate 14.379
Last Quarter’s Earnings 3.61 Median PE on CY Estimate N/A
Year Ago Earnings 13.45 Next Fiscal Year Estimate 15.517
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 17 17 22 19
Mean Estimate 3.43 3.45 14.38 15.52
High Estimates 3.56 3.63 14.64 16.13
Low Estimate 3.35 3.28 14.20 14.45
Coefficient of Variance 1.36 2.39 0.72 2.35

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 14 14 14
OVERWEIGHT 3 4 3
HOLD 7 9 8
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Air Products & Chemicals Inc. - APD

Date Name Shares Transaction Value
Oct 29, 2026 William J. Pellicciotti Principal Accounting Officer 3,769 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $307.12 per share 1,157,535.28
Oct 1, 2026 Howard I. Ungerleider Director 982 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 1, 2026 Jessica Trocchi Graziano Director 3,603 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 1, 2026 Alfred Stern Director 1,851 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 1, 2026 Dennis H. Reilley Director 2,717 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 1, 2026 Bhavesh Vaghjibhai Patel Director 2,106 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 1, 2026 Wayne T. Smith Director 5,252 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 1, 2026 Andrew W. Evans Director 1,256 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 1, 2026 Tonit M. Calaway Director 3,132 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 4, 2025 Matthew Lepore EVP & General Counsel 5,578 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 4, 2025 Ivo Bols President, Europe & Africa 11,961 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 4, 2025 Ivo Bols President, Europe & Africa 12,834 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 4, 2025 Eduardo F. Menezes Chief Executive Officer 38 Other acquisition or disposition 0.00
Dec 4, 2025 Melissa N. Schaeffer Exec Vice President and CFO 15,832 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 4, 2025 Melissa N. Schaeffer Exec Vice President and CFO 19,037 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 4, 2025 Melissa N. Schaeffer Exec Vice President and CFO 18,328 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $261.28 per share 4,788,739.84
Dec 4, 2025 Melissa N. Schaeffer Exec Vice President and CFO 16,926 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $261.28 per share 4,422,425.28
Dec 4, 2025 Melissa N. Schaeffer Exec Vice President and CFO 455 Other acquisition or disposition 0.00
Dec 4, 2025 Kurt Lefevere President, Asia 3,335 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 4, 2025 William J. Pellicciotti Principal Accounting Officer 143 Other acquisition or disposition 0.00

Air Products & Chemicals Inc. in the News