Inside the research
Air Products and Chemicals, Inc.
APD Research profile · latest available data
Price overview
$281.76
▼ -2.73 (-1.0%)
| 52w hi | $314.19 |
|---|---|
| 52w lo | $226.25 |
| Vol | 807.60K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.04
| Short | +0.25 |
|---|---|
| Medium | -0.10 |
| Long | -0.49 |
computed 2026-09-27
Key fundamentals
Air Products and Chemicals, Inc.
Basic Materials · Specialty Chemicals
| Market cap | $62.74B |
|---|---|
| Enterprise value | $82.73B |
| Forward P/E | 19.52x |
| EV / EBITDA | 17.78x |
| P / S (ttm) | 4.98x |
| Profit margin | -0.4% |
| Return on equity | 0.0% |
| Revenue growth | +4.6% |
| Debt / equity | 110.09 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.03 | |
| Sector | -0.02 | |
| Technical | +0.10 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, metals, manufacturing, electronics, energy production, medical, food, chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. Air Products and Chemicals, Inc. was founded in 1940 and is headquartered in Allentown, Pennsylvania.
Risk Metrics
| Beta vs SPX | 0.60 |
|---|---|
| Corr SPX | 0.37 |
| Annual vol | 26.1% |
| Annual ret | +2.3% |
| Sharpe | 0.09 |
| Max DD | -31.7% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $327.86 |
|---|---|
| High / Low | $360.00 / $275.00 |
| Median | $330.00 |
| Analysts | 21 |
| Strong Buy | 3 | |
|---|---|---|
| Buy | 11 | |
| Hold | 9 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-05 | RBC Capital | → Outperform |
| 2026-05-05 | Morgan Stanley | → Equal-Weight |
| 2026-05-01 | Wells Fargo | → Overweight |
| 2026-05-01 | UBS | → Neutral |
| 2026-05-01 | JP Morgan | → Overweight |
| 2026-04-24 | RBC Capital | → Outperform |
Officers & Board
| Director | Jessica Trocchi Graziano since 2023 |
|---|---|
| Director | Tonit M. Calaway since 2022 |
| Director | Wayne T. Smith since 2021 |
| Director | Lisa Davis since 2020 |
| Director | Charles Cogut since 2015 |
| CEO | Seifollah Ghasemi since 2014 |
| Director | Seifollah Ghasemi since 2014 |
| Director | Edward L. Monser since 2013 |
| Director | Matthew H. Paull since 2013 |
| Director | David Hing-Yuen Ho since 2013 |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-30 | Earnings Release, Exhibits | read |
| 2026-06-30 | 2.06, Reg FD Disclosure… | read |
| 2026-04-30 | Earnings Release, Exhibits | read |
| 2026-01-30 | Earnings Release, Exhibits | read |
| 2026-01-29 | Shareholder Vote | read |
| 2025-11-25 | Officer / Director Change, Other Material Event… | read |
| 2025-11-06 | Earnings Release, Exhibits | read |
| 2025-08-20 | Officer / Director Change, Exhibits | read |
| 2025-07-31 | Earnings Release, Exhibits | read |
| 2025-07-08 | Officer / Director Change | read |
| 2025-06-11 | Other Material Event, Exhibits | read |
| 2025-05-01 | Earnings Release, Exhibits | read |
Dividends
| Yield (TTM) | 1.91% |
|---|---|
| $ / share (TTM) | $5.39 |
| 5y CAGR | +5.9% |
Annual dividend per share
| 2021 | $6.00 |
|---|---|
| 2022 | $6.48 |
| 2023 | $7.00 |
| 2024 | $5.31 |
| 2025 | $7.14 |
| 2026 | $3.60 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $12.60B | +2.0% | |
| Gross profit | $3.00B | +17.1% | |
| Operating income | $4.47B | +7.1% | |
| Net income | $2.30B | +8.4% | |
| Cash from ops | $1.33B | +0.2% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $283.70 | $284.95 | $281.40 | $281.76 | 807.60K |
| Sep 24 | $287.71 | $288.64 | $284.25 | $284.49 | 1.05M |
| Sep 23 | $287.35 | $289.88 | $286.09 | $286.97 | 925.50K |
| Sep 22 | $280.94 | $288.37 | $279.72 | $287.86 | 2.11M |
| Sep 21 | $284.12 | $284.32 | $279.37 | $279.46 | 1.74M |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →