Air Products & Chemicals/$APD
1D1W1MYTD1Y5YMAX
Capital at risk
About Air Products & Chemicals
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the world's largest supplier of hydrogen and helium. It has a unique portfolio serving customers across industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated roughly $12 billion in revenue in fiscal 2025.
- Ticker
- $APD
- Sector
- Materials
- Primary listing
- NYSE
- Employees
- 21,194
- Headquarters
- Allentown, United States
- Website
- www.airproducts.com
APD Metrics
BasicAdvanced
$63B
-
-$0.21
0.75
$7.20
2.57%
Price and volume
Market cap
$63B
Beta
0.75
52-week high
$314.87
52-week low
$229.11
Average daily volume
1.1M
Dividend rate
$7.20
Financial strength
Current ratio
1.085
Quick ratio
0.783
Long term debt to equity
1.04
Total debt to equity
1.101
Interest coverage (TTM)
14.16%
Profitability
EBITDA (TTM)
4,586.3
Gross margin (TTM)
32.06%
Net profit margin (TTM)
-0.38%
Operating margin (TTM)
24.66%
Effective tax rate (TTM)
104.87%
Revenue per employee (TTM)
$590,000
Management effectiveness
Return on assets (TTM)
4.63%
Return on equity (TTM)
0.02%
Valuation
Price to revenue (TTM)
4.981
Price to book
4.52
Price to tangible book (TTM)
4.96
Price to free cash flow (TTM)
-208.258
Free cash flow yield (TTM)
-0.48%
Free cash flow per share (TTM)
-1.353
Dividend yield (TTM)
2.56%
Forward dividend yield
2.57%
Growth
Revenue change (TTM)
4.51%
Earnings per share change (TTM)
-103.05%
3-year revenue growth (CAGR)
-0.98%
10-year revenue growth (CAGR)
4.64%
3-year earnings per share growth (CAGR)
-72.16%
10-year earnings per share growth (CAGR)
-22.37%
3-year dividend per share growth (CAGR)
2.23%
10-year dividend per share growth (CAGR)
7.98%
What the Analysts think about APD
Analyst ratings (Buy, Hold, Sell) for Air Products & Chemicals stock.
Analyst projections of the future price of Air Products & Chemicals stock.
Bulls say / Bears say
Underlying fiscal Q3 2026 performance was strong: adjusted operating income rose 9% to $810 million, adjusted EPS reached $3.47, and management raised full-year adjusted EPS guidance to $13.39–$13.49. (SEC filing)
APD’s core industrial-gases franchise showed broad resilience, with fiscal Q3 sales up 5% in the Americas and 6% in Europe, supported by higher on-site volumes, pricing and favorable business mix. (SEC filing)
The company won a long-term Taiwan semiconductor supply agreement covering four air-separation units, bulk-gas systems and underground pipelines, strengthening exposure to electronics demand and supporting future on-site revenue. (Air Products)
Air Products recorded a $2.1 billion operating loss and $6.47 GAAP loss per share in fiscal Q3 2026, primarily due to approximately $2.9 billion of pre-tax charges tied to project exits. (SEC filing)
The decision to abandon the Louisiana Clean Energy Complex and discontinue Arizona liquid-hydrogen and other clean-energy distribution projects highlights weaker-than-expected project economics and execution risk in APD’s energy-transition portfolio. (SEC filing)
Despite improved pricing and volumes, Europe’s fiscal Q3 operating margin fell 90 basis points, with lower volumes and higher fixed-cost inflation weighing on profitability; APD also expects approximately $3.5 billion of fiscal 2026 capital expenditures. (SEC filing)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.
APD Financial Performance
Revenues and expenses
APD Earnings Performance
Company profitability
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APD News
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Funds containing APD
AllEURGBPUSD
Fund name | Fund size | $APD weighting |
|---|---|---|
iShares S&P 500 Materials Sector€2B7B | €186M | 5.53% |
iShares S&P 500 Materials Sector£IMSU | £160M | 5.53% |
SPDR MSCI World Materials€WMAT | €198M | 2.09% |
VanEck Morningstar Wide Moat€GMVM | €407M | 1.54% |
VanEck Morningstar Wide Moat£MOGB | £354M | 1.54% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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