Air Products and Chemicals, Inc.

Air Products and Chemicals, Inc.

APD
Air Products and Chemicals, Inc.US flagNew York Stock Exchange
280.21
USD
-1.54
- -
62.40BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
48.55
49.08
36.41
34.68
37.56
40.72
40.49
40.04
46.58
57.2
56.68
54.38
54.05
55.94
Basic EPS, GAAP
4.74
4.66
5.95
2.92
13.76
6.83
7.99
8.53
9.47
10.16
10.35
17.21
-1.77
9.46
Free Cash Flow per Basic Share
0.21
3.88
6.08
8.1
2.4
4.4
4.45
3.42
3.96
1.37
-6.39
-14.16
-16.91
-5.61
Dividend per Share
2.7
2.95
3.15
3.33
3.61
4.09
4.51
4.99
5.67
6.23
6.73
7.03
7.11
7.15
Book Value per Share
47.19
48.16
50.39
49.56
60.07
62.29
65.31
68.38
71.88
75.54
78.9
88.97
79.96
82.56
Tangible Book Value per Share
23.02
26.65
26.72
27.64
41.72
45.37
46.17
50.25
57.56
56.45
65.07
78.46
72.26
75.89
Basic Weighted Avg Shares
210
213
215
216
218
219
220
221
222
222
222
222
223
223
Sales/Revenue/Turnover
10,180
10,439
7,824
7,504
8,188
8,930
8,919
8,856
10,323
12,699
12,600
12,101
12,037
12,464
Operating Margin (%)
15.06
15.78
17.7
21.49
21.81
22.01
24.33
25.27
21.97
19
21.74
24.36
24
24.82
Depreciation Expense
907
957
858
855
866
971
1,083
1,185
1,321
1,338
1,358
1,451
1,564
1,560
Net Income, GAAP
994
992
1,278
631
3,000
1,498
1,760
1,887
2,099
2,256
2,300
3,828
-394
2,107
Effective Tax Rate (%)
22.8
27.05
23.71
27.83
18.42
26.02
20.97
19.74
18.46
18.18
19.12
19.6
- -
21.44
Profit Margin (%)
9.77
9.5
16.33
8.41
36.65
16.77
19.73
21.3
20.33
17.77
18.26
31.64
-3.28
16.91
Working Capital
212
332
-851
1,034
3,388
2,744
2,797
6,268
5,577
2,817
1,305
2,183
1,607
1,499
LT Debt
5,056
4,824
3,949
3,910
3,402
3,352
3,227
7,766
7,654
7,678
10,062
14,211
17,563
17,870
Total Equity
7,199
7,521
7,381
7,213
10,186
11,176
11,388
12,443
14,088
13,702
15,660
18,674
17,350
18,150
Return on Invested Capital (%)
9.28
8.82
7.82
9
10.88
9.93
11.5
10.09
8.56
8.87
9.05
7.77
- -
6.93
Return on Capital (%)
6.82
6.59
7.89
4.16
18.53
8.92
10.15
9.22
9.07
9.34
8.66
11.97
- -
5.94
Return on Common Equity (%)
10.26
9.85
12.13
5.86
25.19
11.2
12.55
12.79
13.52
13.8
13.41
20.51
-2.1
11.62

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
843
236
488
LT Borrowings
16,947
17,295
17,270
LT Finance Leases
616
607
600
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
223
223
223
Market Capitalization
60,755
55,036
64,721

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
5,826
5,103
5,013
Cash, Cash Equivalents & STI
1,856
1,026
951
Accounts Receivable, Net
1,901
1,895
1,938
Inventories
776
788
768
Total Current Liabilities
4,219
3,498
3,513
Payables & Accruals
2,919
3,210
2,976
ST Debt
843
236
488
Deferred Revenue
253
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.67%
7.38%
-7.09%
Free Cash Flow
-44.81%
-95.1%
19.55%
Net Income, GAAP
27.63%
-4.64%
-110.31%
Sales/Revenue/Turnover
4.76%
6.86%
-0.52%
Total Cash Common Dividend
8.93%
7.58%
1.23%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,997
2,930
2,986
3,188
12,101
2025
2,932
2,916
3,023
3,167
12,037
2026
3,102
3,172
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.74
2.57
3.13
8.76
17.21
2025
2.77
-7.77
3.2
0.02
-1.77
2026
3.04
3.19
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.75
1.75
1.77
1.77
7.03
2025
1.77
1.77
1.79
1.79
7.11
2026
1.79
1.79
- -
- -
- -

Company Description

APIChatGPT
CEO
Eduardo F. Menezes
Full Time Employees
21,850
Sector
Basic Materials
Industry
Chemicals - Specialty
Address
1940 Air Products Boulevard Allentown PA United States of America 18106-5500
IPO Date
Mar 17, 1980
Business
Air Products and Chemicals, Inc. (NYSE: APD) is a leading industrial gases company that supplies atmospheric, process, and specialty gases; equipment for gas production; and related services to diverse industries including refining, chemicals, manufacturing, electronics, energy production, and medical sectors. The company offers products such as oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide, merchant gases in various forms (bulk, cylinder, on-site generation), specialty gases under brands like Pure Gases and Alphagaz, electronics gases, and performance materials including epoxy resins and advanced materials; it also provides gasification services, LNG processing, and clean energy solutions like hydrogen for fuel cells and carbon capture. Founded in 1940 and headquartered in Allentown, Pennsylvania, Air Products operates globally across approximately 50 countries, with manufacturing facilities, production plants, and sales offices in North America, Europe, Asia, and the Middle East, serving customers in refining, chemicals, electronics, food and beverage, healthcare, and emerging clean energy markets. In recent developments, Air Products completed the sale of its 2021 facility to a joint venture partner in 2024, enabling focus on core growth areas; announced a landmark 10-year, $4 billion hydrogen supply agreement with a major refiner in 2024 to support clean energy transition; and progressed construction on its NEOM green hydrogen project in Saudi Arabia, the world's largest, with initial production targeted for 2026 following key engineering milestones in 2025. The company also expanded its hydrogen infrastructure through new on-site supply contracts in electronics and refining sectors during 2024-2025, alongside strategic investments in blue hydrogen and ammonia production technologies to meet rising demand for low-carbon fuels. These initiatives reflect Air Products' ongoing strategic shift toward hydrogen and sustainable energy solutions, building on its acquisition of nexAir in 2023 to strengthen U.S. merchant gases presence.

Company News

APIChatGPT
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