Air Products & Chemicals, Inc.
APDNYSE · SIC 2810
$295.62
↓ -0.6%Jul 17 close · end-of-day
Price
1Y↑ +5.0%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$65.9B
Enterprise Value
$65.1B
P/E
31.2
P/S
5.3
P/B
4.2
EV/EBITDA
16.9
PEG
—
FCF Yield
—
Dividend Yield
2.4%
Revenue (TTM)
$12.5B
Net Income (TTM)
$2.1B
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
18.4%
Net Margin
16.9%
ROE
13.5%
ROIC
12.1%
Debt / Equity
0.0
Net Cash
$777.5M
Return 1Y
+3.4%
Company profile
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. It has a strategic collaboration with Baker Hughes Company to develop hydrogen compression systems.
- CEO
- Seifollah Ghasemi
- Sector
- Manufacturing
- Industry
- Chemicals
- Employees
- 21,900
- Headquarters
- Pennsylvania
- Website
- airproducts.com
Management & directors
- Schaeffer Melissa N.Exec Vice President and CFO
- Lefevere KurtPresident, Asia
- Menezes Eduardo FChief Executive Officer
- Pellicciotti William J JrPrincipal Accounting Officer
- Bols IvoPresident, Europe & Africa
- Lepore MatthewEVP & General Counsel
- Brifo VictoriaExec VP, Chief HR Officer
- Maione FrancescoPresident, Americas
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-07-30
APD Q2 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$3.2B↑ +8.8%
Diluted EPS$3.19↓ -141.1%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $8.9B | $10.3B | $12.7B | $12.6B | $12.1B | $12.0B |
| Gross profit | $3.0B | — | — | — | — | — |
| Operating income | $2.2B | $2.3B | $2.3B | $2.5B | $4.5B | -$877.0M |
| Net income | $1.9B | $2.1B | $2.3B | $2.3B | $3.8B | -$394.5M |
| Diluted EPS | $8.49 | $9.43 | $10.14 | $10.33 | $17.18 | -$1.77 |
| Operating cash flow | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | 33.9% | — | — | — | — | — |
| Operating margin | 25.3% | 22.1% | 18.4% | 19.8% | 36.9% | -7.3% |
| Net margin | 21.3% | 20.3% | 17.8% | 18.3% | 31.6% | -3.3% |
| Line item | Q3 '24 | Q4 '24 | Q1 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0B | $3.2B | $2.9B | $2.9B | $3.0B | $3.2B | $3.1B | $3.2B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $737.6M | $2.4B | $643.6M | -$2.3B | $790.6M | $16.8M | $734.5M | $752.7M |
| Net income | $696.6M | $1.9B | $617.4M | -$1.7B | $713.8M | $4.9M | $678.2M | $710.4M |
| Diluted EPS | $3.13 | $8.75 | $2.77 | -$7.77 | $3.20 | $0.03 | $3.04 | $3.19 |
| Operating cash flow | $1.3B | — | $811.7M | $328.1M | $855.8M | — | $900.7M | $1.1B |
| Free cash flow | -$345.2M | — | -$1.3B | -$1.6B | -$640.0M | — | -$350.5M | -$3.9M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 24.7% | 76.1% | 22.0% | -79.8% | 26.2% | 0.5% | 23.7% | 23.7% |
| Net margin | 23.3% | 61.2% | 21.1% | -59.3% | 23.6% | 0.2% | 21.9% | 22.4% |
Company news
Jul 13, 2026
Jul 9, 2026
- 11d agoWhat to Expect From Air Products and Chemicals' Q3 2026 Earnings Reportbarchart.com
- 11d ago[Latest] Global Green Hydrogen Market Size/Share Worth USD 188.9 Billion by 2035 at a 31.2% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)finance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-01 | Schaeffer Melissa N.· Exec Vice President and CFO | Sale | 2,714 | $303.76 | $824,404.64 | filing |
| 2026-02-12 | Mantle Ridge LP | Sale | 70,175 | $284.21 | $19.9M | filing |
| 2026-02-12 | Mantle Ridge LP | Gift | 1,759 | $0.00 | $0.00 | filing |
| 2026-02-12 | Mantle Ridge LP | J | 3,943,847 | $0.00 | $0.00 | filing |
| 2025-12-03 | Lefevere Kurt· President, Asia | Tax withholding | 80 | $261.28 | $20,902.40 | filing |
| 2025-12-03 | Lefevere Kurt· President, Asia | Tax withholding | 65 | $261.28 | $16,983.20 | filing |
| 2025-12-03 | Lefevere Kurt· President, Asia | Tax withholding | 64 | $261.28 | $16,721.92 | filing |
| 2025-12-03 | Pellicciotti William J Jr· Principal Accounting Officer | J | 116 | $0.00 | $0.00 | filing |
| 2025-12-03 | Menezes Eduardo F· Chief Executive Officer | J | 38 | $0.00 | $0.00 | filing |
| 2025-12-03 | Lefevere Kurt· President, Asia | Award | 144 | $0.00 | $0.00 | filing |
| 2025-12-03 | Schaeffer Melissa N.· Exec Vice President and CFO | J | 44 | $0.00 | $0.00 | filing |
| 2025-12-02 | Schaeffer Melissa N.· Exec Vice President and CFO | Tax withholding | 1,402 | $261.28 | $366,314.56 | filing |
| 2025-12-02 | Schaeffer Melissa N.· Exec Vice President and CFO | Tax withholding | 709 | $261.28 | $185,247.52 | filing |
| 2025-12-02 | Schaeffer Melissa N.· Exec Vice President and CFO | Award | 3,205 | $0.00 | $0.00 | filing |
| 2025-12-02 | Bols Ivo· President, Europe & Africa | Award | 873 | $0.00 | $0.00 | filing |
| 2025-12-01 | Menezes Eduardo F· Chief Executive Officer | Award | 17,376 | $0.00 | $0.00 | filing |
| 2025-12-01 | LEPORE MATTHEW· EVP & General Counsel | Award | 2,107 | $0.00 | $0.00 | filing |
| 2025-12-01 | Pellicciotti William J Jr· Principal Accounting Officer | Award | 850 | $0.00 | $0.00 | filing |
| 2025-12-01 | Lefevere Kurt· President, Asia | Award | 1,873 | $0.00 | $0.00 | filing |
| 2025-12-01 | Bols Ivo· President, Europe & Africa | Award | 1,873 | $0.00 | $0.00 | filing |
| 2025-12-01 | Schaeffer Melissa N.· Exec Vice President and CFO | Award | 5,152 | $0.00 | $0.00 | filing |
| 2025-10-28 | Pellicciotti William J Jr· Principal Accounting Officer | Tax withholding | 303 | $256.03 | $77,577.09 | filing |
| 2025-08-18 | LEPORE MATTHEW· EVP & General Counsel | Award | 3,471 | $0.00 | $0.00 | filing |
| 2025-08-05 | Brifo Victoria· Exec VP, Chief HR Officer | Sale | 1,359 | $292.38 | $397,344.42 | filing |
| 2025-06-23 | Maione Francesco· President, Americas | Award | 10,982 | $0.00 | $0.00 | filing |
Latest 25 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.