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Air Products and Chemicals, Inc.

$291.43 +$40.96 (+16.35%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$293.65
Day Range
$288.96$295.52
Year Range
$229.11$314.87
Market Cap
64.9B
AVG Volume
1.19M
Trailing/Forward PE
-1401.11/20.18
PEG ratio
-189.57
Dividend Yield
2.47%
Next Earnings Date
2026-11-05
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
05B10B15B2016201720182019202020212022202320242025
APD Revenue (USD) by year
PeriodRevenue (USD)
202512.04B
202412.1B
202312.6B
202212.7B
202110.32B
20208.86B
20198.92B
20188.93B
20178.19B
20168.02B
Net Income (USD)
-2B02B4B2016201720182019202020212022202320242025
APD Net Income (USD) by year
PeriodNet Income (USD)
2025-394.5M
20243.83B
20232.3B
20222.26B
20212.1B
20201.89B
20191.76B
20181.5B
20173B
2016631.1M
Operating Income (USD)
-2B02B4B6B2016201720182019202020212022202320242025
APD Operating Income (USD) by year
PeriodOperating Income (USD)
2025-877M
20244.47B
20232.49B
20222.34B
20212.28B
20202.24B
20192.14B
20181.97B
20171.44B
20161.69B
EBITDA (USD)
02B4B6B8B2016201720182019202020212022202320242025
APD EBITDA (USD) by year
PeriodEBITDA (USD)
20251.34B
20246.49B
20234.42B
20224.22B
20213.97B
20203.72B
20193.51B
20183.12B
20172.4B
20162.7B
Cash Flows (USD)
-4B-2B02B2016201720182019202020212022202320242025
APD Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-3.77B
2024-3.15B
2023-1.42B
2022303.7M
2021877.7M
2020755.7M
2019980.2M
2018973.5M
2017528.2M
20161.65B
EPS (USD)
-5051015202016201720182019202020212022202320242025
APD EPS (USD) by year
PeriodEPS (USD)
2025-1.78
202417.18
202310.32
202210.14
20219.44
20208.49
20197.94
20186.79
201713.67
20162.89
Expenses (USD)
02.5B5B7.5B10BR&DSG&ACapex2016201720182019202020212022202320242025
APD Expenses (USD) by year
PeriodExpenses (USD)
20258.03B
20247.84B
20235.69B
20223.93B
20213.39B
20203.33B
20192.81B
20182.39B
20171.81B
20162B
Cash & Debt (USD)
05B10B15B20BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
APD Cash & Debt (USD) by year
PeriodCash & Debt (USD)
20251.86B
20242.98B
20231.95B
20223.3B
20215.8B
20206.36B
20192.41B
20182.98B
20173.68B
20161.29B
Debt ratios
00.511.520182019202020212022202320242025
APD Debt ratios by year
PeriodDebt ratios
20251.01
20240.63
20230.56
20220.33
20210.17
20200.15
20190.08
20180.08
Margins
0%10%20%30%40%2016201720182019202020212022202320242025
APD Margins by year
PeriodMargins
202531.41%
202432.5%
202329.9%
202226.46%
202130.39%
202033.85%
201933%
201830.69%
201729.73%
201631.71%
Return on Capital
-10%0%10%20%30%2016201720182019202020212022202320242025
APD Return on Capital by year
PeriodReturn on Capital
2025-2.27%
202420.5%
202314.69%
202216.46%
202114.9%
202015.16%
201915.45%
201813.4%
201729.46%
20168.75%
Shares Outstanding
0100M200M300M2016201720182019202020212022202320242025
APD Shares Outstanding by year
PeriodShares Outstanding
2025222.8M
2024222.5M
2023222.4M
2022222.1M
2021221.7M
2020221.3M
2019220.7M
2018219.6M
2017218.4M
2016217.2M
Dividends (USD)
024682017201820192020202120222023202420252026
APD Dividends (USD) by year
PeriodDividends (USD)
20267.22
20257.14
20245.31
20237
20226.48
20216
20205.36
20194.64
20184.4
20173.8
Employee Count
010K20K30K2016201720182019202020212022202320242025
APD Employee Count by year
PeriodEmployee Count
202521.3K
202423K
202323K
202221.9K
202120.62K
202019.27K
201917.7K
201816.3K
201715.3K
201618.6K
Book Value Per Share (USD)
02550751002016201720182019202020212022202320242025
APD Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202577.87
202483.93
202370.42
202261.69
202163.55
202056.23
201951.6
201850.89
201746.64
201633.21
Total Assets (USD)
020B40B60B2016201720182019202020212022202320242025
APD Total Assets (USD) by year
PeriodTotal Assets (USD)
202541.06B
202439.57B
202332B
202227.19B
202126.86B
202025.17B
201918.94B
201819.18B
201718.47B
201618.03B
PE Ratio
1020304050med 25.05May 24Sep 24Dec 24Apr 25Jul 25Oct 25Jul 26
APD PE Ratio by year
PeriodPE Ratio
Jul 2631.49
Jul 2631.26
Jul 2631.67
Jul 2633.22
Jun 2629.37
Jun 2629.63
Jun 2629.78
Jun 2629.85
May 2629.46
May 2630.6
May 2631.23
May 2631.23
May 2631.83
Nov 2537.27
Nov 2537.32
Oct 2534.86
Oct 2536.63
Oct 2536.38
Oct 2536.94
Oct 2539.01
Sep 2538.34
Sep 2541.69
Sep 2542.08
Sep 2541.65
Aug 2542.26
Aug 2543.01
Aug 2541.74
Aug 2541.49
Aug 2540.49
Jul 2543.46
Jul 2542.89
Jul 2542.41
Jul 2542.39
Jun 2541.01
Jun 2539.29
Jun 2540.72
Jun 2540.64
May 2540.51
May 2539.19
May 2540.51
May 2539.38
May 2540.32
Apr 2515.51
Apr 2515.26
Apr 2515.62
Apr 2515.29
Mar 2516.97
Mar 2516.93
Mar 2516.95
Mar 2518.37
Feb 2518.35
Feb 2517.99
Feb 2518.35
Feb 2518.02
Jan 2519.49
Jan 2519.14
Jan 2518.47
Jan 2517.03
Jan 2516.5
Dec 2417.02
Dec 2417.15
Dec 2418.15
Dec 2418.61
Nov 2419.43
Nov 2419.29
Nov 2427.44
Nov 2427.09
Nov 2426.76
Oct 2427.52
Oct 2428.74
Oct 2427.41
Oct 2424.71
Sep 2425.99
Sep 2424.92
Sep 2424.59
Sep 2423.26
Aug 2424.13
Aug 2423.87
Aug 2423.89
Aug 2424.08
Aug 2424.38
Jul 2423.51
Jul 2423.68
Jul 2423.54
Jul 2422.76
Jun 2423.25
Jun 2424.58
Jun 2424.79
Jun 2425.18
May 2424.03
May 2423.84
May 2423.67
May 2422.57
May 2422.15
Apr 2422.47
Apr 2422.05
Apr 2422.04
Apr 2422.72
Mar 2423.06
Mar 2422.53
Free Cash Flow Yield
-10%-5%0%5%med -5.16%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
APD Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 263.17%
Sep 263.07%
Aug 263%
Aug 263.03%
Aug 262.99%
Aug 263.04%
Jul 263.13%
Jul 261.67%
Jul 261.68%
Jul 261.66%
Jul 261.58%
Jun 261.79%
Jun 261.77%
Jun 261.77%
Jun 261.76%
May 261.78%
May 261.72%
May 261.68%
May 261.68%
May 261.65%
Apr 26-4.18%
Apr 26-4.32%
Apr 26-4.22%
Apr 26-4.3%
Mar 26-4.32%
Mar 26-4.49%
Mar 26-4.38%
Mar 26-4.63%
Feb 26-4.58%
Feb 26-4.49%
Feb 26-4.51%
Feb 26-4.46%
Jan 26-4.63%
Jan 26-6.47%
Jan 26-6.32%
Jan 26-6.41%
Jan 26-6.75%
Dec 25-6.83%
Dec 25-7.04%
Dec 25-6.96%
Dec 25-6.48%
Nov 25-6.47%
Nov 25-6.57%
Nov 25-8.01%
Nov 25-8%
Oct 25-8.56%
Oct 25-8.15%
Oct 25-8.2%
Oct 25-8.08%
Oct 25-7.65%
Sep 25-7.79%
Sep 25-7.16%
Sep 25-7.09%
Sep 25-7.17%
Aug 25-7.06%
Aug 25-6.94%
Aug 25-7.15%
Aug 25-7.19%
Aug 25-7.37%
Jul 25-6.5%
Jul 25-6.59%
Jul 25-6.66%
Jul 25-6.67%
Jun 25-6.89%
Jun 25-7.19%
Jun 25-6.94%
Jun 25-6.95%
May 25-6.98%
May 25-7.21%
May 25-6.97%
May 25-7.18%
May 25-7.01%
Apr 25-6.11%
Apr 25-6.21%
Apr 25-6.07%
Apr 25-6.2%
Mar 25-5.59%
Mar 25-5.6%
Mar 25-5.59%
Mar 25-5.16%
Feb 25-5.17%
Feb 25-5.27%
Feb 25-5.17%
Feb 25-5.26%
Jan 25-4.22%
Jan 25-4.3%
Jan 25-4.45%
Jan 25-4.83%
Jan 25-4.99%
Dec 24-4.83%
Dec 24-4.8%
Dec 24-4.53%
Dec 24-4.42%
Nov 24-4.23%
Nov 24-4.27%
Nov 24-3.53%
Nov 24-3.58%
Nov 24-3.62%
Oct 24-3.52%
Oct 24-3.37%
Price to Sales
44.555.566.5med 5.28Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
APD Price to Sales by year
PeriodPrice to Sales
Sep 265.15
Sep 265.33
Aug 265.45
Aug 265.39
Aug 265.46
Aug 265.36
Jul 265.21
Jul 265.32
Jul 265.28
Jul 265.35
Jul 265.62
Jun 264.97
Jun 265.01
Jun 265.03
Jun 265.05
May 264.98
May 265.17
May 265.28
May 265.28
May 265.38
Apr 265.51
Apr 265.33
Apr 265.45
Apr 265.36
Mar 265.33
Mar 265.13
Mar 265.26
Mar 264.97
Feb 265.03
Feb 265.13
Feb 265.11
Feb 265.17
Jan 264.97
Jan 264.84
Jan 264.95
Jan 264.88
Jan 264.64
Dec 254.58
Dec 254.44
Dec 254.5
Dec 254.83
Nov 254.83
Nov 254.76
Nov 254.79
Nov 254.8
Oct 254.48
Oct 254.71
Oct 254.68
Oct 254.75
Oct 255.02
Sep 254.93
Sep 255.36
Sep 255.41
Sep 255.36
Aug 255.43
Aug 255.53
Aug 255.37
Aug 255.34
Aug 255.21
Jul 255.54
Jul 255.47
Jul 255.41
Jul 255.41
Jun 255.23
Jun 255.01
Jun 255.19
Jun 255.18
May 255.17
May 255
May 255.17
May 255.02
May 255.14
Apr 254.94
Apr 254.86
Apr 254.98
Apr 254.88
Mar 255.41
Mar 255.4
Mar 255.4
Mar 255.86
Feb 255.85
Feb 255.73
Feb 255.85
Feb 255.74
Jan 256.16
Jan 256.05
Jan 255.84
Jan 255.39
Jan 255.22
Dec 245.38
Dec 245.42
Dec 245.74
Dec 245.89
Nov 246.15
Nov 246.1
Nov 245.83
Nov 245.75
Nov 245.68
Oct 245.85
Oct 246.1
EV/EBITDA
020406080med 20.96Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
APD EV/EBITDA by year
PeriodEV/EBITDA
Sep 2663.28
Sep 2664.97
Aug 2666.14
Aug 2665.62
Aug 2666.29
Aug 2665.34
Jul 2663.87
Jul 2618.46
Jul 2618.35
Jul 2618.54
Jul 2619.26
Jun 2617.47
Jun 2617.59
Jun 2617.66
Jun 2617.69
May 2617.51
May 2618.04
May 2618.33
May 2618.33
May 2618.61
Apr 2659.67
Apr 2658.1
Apr 2659.19
Apr 2658.37
Mar 2658.16
Mar 2656.4
Mar 2657.49
Mar 2655
Feb 2655.55
Feb 2656.42
Feb 2656.2
Feb 2656.73
Jan 2655.05
Jan 2655.91
Jan 2656.94
Jan 2656.3
Jan 2654.1
Dec 2553.59
Dec 2552.35
Dec 2552.85
Dec 2555.8
Nov 2555.86
Nov 2555.25
Nov 2520.11
Nov 2520.14
Oct 2519.09
Oct 2519.84
Oct 2519.74
Oct 2519.97
Oct 2520.85
Sep 2520.56
Sep 2521.98
Sep 2522.14
Sep 2521.96
Aug 2522.22
Aug 2522.54
Aug 2522
Aug 2521.9
Aug 2521.47
Jul 2522.76
Jul 2522.52
Jul 2522.31
Jul 2522.3
Jun 2521.71
Jun 2520.98
Jun 2521.59
Jun 2521.55
May 2521.5
May 2520.94
May 2521.5
May 2521.02
May 2521.42
Apr 2511.12
Apr 2510.98
Apr 2511.19
Apr 2511
Mar 2511.98
Mar 2511.96
Mar 2511.97
Mar 2512.8
Feb 2512.8
Feb 2512.58
Feb 2512.79
Feb 2512.6
Jan 2513.34
Jan 2513.14
Jan 2512.75
Jan 2511.9
Jan 2511.58
Dec 2411.89
Dec 2411.96
Dec 2412.56
Dec 2412.82
Nov 2413.31
Nov 2413.23
Nov 2417.23
Nov 2417.04
Nov 2416.87
Oct 2417.28
Oct 2417.93
Price/Operating Cashflow
12.51517.52022.525med 18.36Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
APD Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2614.21
Sep 2614.69
Aug 2615.02
Aug 2614.87
Aug 2615.06
Aug 2614.79
Jul 2614.37
Jul 2616.1
Jul 2615.98
Jul 2616.19
Jul 2616.98
Jun 2615.02
Jun 2615.15
Jun 2615.22
Jun 2615.26
May 2615.06
May 2615.65
May 2615.97
May 2615.97
May 2616.28
Apr 2620.09
Apr 2619.43
Apr 2619.89
Apr 2619.55
Mar 2619.46
Mar 2618.71
Mar 2619.18
Mar 2618.12
Feb 2618.36
Feb 2618.72
Feb 2618.63
Feb 2618.85
Jan 2618.15
Jan 2617.88
Jan 2618.3
Jan 2618.04
Jan 2617.13
Dec 2516.93
Dec 2516.42
Dec 2516.62
Dec 2517.83
Nov 2517.86
Nov 2517.61
Nov 2519.57
Nov 2519.6
Oct 2518.31
Oct 2519.24
Oct 2519.11
Oct 2519.4
Oct 2520.48
Sep 2520.13
Sep 2521.89
Sep 2522.1
Sep 2521.87
Aug 2522.19
Aug 2522.58
Aug 2521.92
Aug 2521.79
Aug 2521.26
Jul 2519.84
Jul 2519.58
Jul 2519.36
Jul 2519.35
Jun 2518.72
Jun 2517.94
Jun 2518.59
Jun 2518.55
May 2518.5
May 2517.89
May 2518.5
May 2517.98
May 2518.41
Apr 2515.52
Apr 2515.28
Apr 2515.63
Apr 2515.31
Mar 2516.99
Mar 2516.95
Mar 2516.97
Mar 2518.39
Feb 2518.37
Feb 2518.01
Feb 2518.37
Feb 2518.04
Jan 2520.46
Jan 2520.09
Jan 2519.39
Jan 2517.88
Jan 2517.32
Dec 2417.87
Dec 2418
Dec 2419.05
Dec 2419.53
Nov 2420.4
Nov 2420.25
Nov 2419.11
Nov 2418.86
Nov 2418.63
Oct 2419.17
Oct 2420.01
Price to Book
33.544.5med 3.63Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
APD Price to Book by year
PeriodPrice to Book
Sep 263.91
Sep 264.04
Aug 264.14
Aug 264.1
Aug 264.15
Aug 264.07
Jul 263.96
Jul 263.66
Jul 263.63
Jul 263.68
Jul 263.86
Jun 263.41
Jun 263.44
Jun 263.46
Jun 263.47
May 263.42
May 263.55
May 263.63
May 263.63
May 263.7
Apr 263.77
Apr 263.64
Apr 263.73
Apr 263.67
Mar 263.65
Mar 263.51
Mar 263.6
Mar 263.4
Feb 263.44
Feb 263.51
Feb 263.49
Feb 263.54
Jan 263.4
Jan 263.36
Jan 263.44
Jan 263.39
Jan 263.22
Dec 253.18
Dec 253.08
Dec 253.12
Dec 253.35
Nov 253.35
Nov 253.31
Nov 253.25
Nov 253.26
Oct 253.04
Oct 253.2
Oct 253.17
Oct 253.22
Oct 253.4
Sep 253.35
Sep 253.64
Sep 253.67
Sep 253.63
Aug 253.69
Aug 253.75
Aug 253.64
Aug 253.62
Aug 253.53
Jul 253.97
Jul 253.92
Jul 253.88
Jul 253.87
Jun 253.75
Jun 253.59
Jun 253.72
Jun 253.71
May 253.7
May 253.58
May 253.7
May 253.6
May 253.68
Apr 253.17
Apr 253.12
Apr 253.2
Apr 253.13
Mar 253.47
Mar 253.47
Mar 253.47
Mar 253.76
Feb 253.76
Feb 253.68
Feb 253.76
Feb 253.69
Jan 253.99
Jan 253.92
Jan 253.79
Jan 253.49
Jan 253.38
Dec 243.49
Dec 243.51
Dec 243.72
Dec 243.81
Nov 243.98
Nov 243.95
Nov 244.23
Nov 244.17
Nov 244.12
Oct 244.24
Oct 244.43
Air Products and Chemicals, Inc.
APD
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News: APD

Air Products to Showcase Industrial Gas Solutions at the 87th Conference on Glass Problems in Toledo, Ohio

prnewswire.com · 10 Sep 2026

Air Products to Showcase Industrial Gas Solutions at the 87th Conference on Glass Problems in Toledo, Ohio

Air Products Foundation to Contribute up to $15,000 to the Ceramic & Glass Industry Foundation LEHIGH VALLEY, Pa., Sept. 10, 2026 /PRNewswire/ -- Air Products (NYSE: APD) will highlight new industrial gas supply innovations as well as glass melting and downstream process technologies at the 87th Conference on Glass Problems in Toledo, Ohio, from Sept.

AKZOY or APD: Which Is the Better Value Stock Right Now?

zacks.com · 10 Sep 2026

AKZOY or APD: Which Is the Better Value Stock Right Now?

Investors interested in Chemical - Diversified stocks are likely familiar with Akzo Nobel NV (AKZOY) and Air Products and Chemicals (APD). But which of these two companies is the best option for those looking for undervalued stocks?

Baird Financial Group Inc. Grows Stock Position in Air Products and Chemicals, Inc. $APD

defenseworld.net · 10 Sep 2026

Baird Financial Group Inc. Grows Stock Position in Air Products and Chemicals, Inc. $APD

Baird Financial Group Inc. lifted its holdings in Air Products and Chemicals, Inc. (NYSE: APD) by 39.2% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 138,740 shares of the basic materials company's stock after purchasing an additional 39,070 shares during the period.

Air Products and Chemicals, Inc. $APD Shares Sold by Amundi

defenseworld.net · 9 Sep 2026

Air Products and Chemicals, Inc. $APD Shares Sold by Amundi

Amundi decreased its holdings in shares of Air Products and Chemicals, Inc. (NYSE: APD) by 11.1% in the undefined quarter, according to its most recent Form 13F filing with the SEC. The firm owned 621,653 shares of the basic materials company's stock after selling 77,909 shares during the period. Amundi owned approximately 0.28%

Air Products and Chemicals: Better Margins, Higher Returns, And A More Disciplined Energy Transition Strategy

seekingalpha.com · 8 Sep 2026

Air Products and Chemicals: Better Margins, Higher Returns, And A More Disciplined Energy Transition Strategy

Q3 showed stronger profitability, with adjusted operating margin up 110 bps and EPS rising 12%, supporting higher full-year guidance. The new CEO is reshaping the energy-transition portfolio, exiting weaker projects and prioritizing investments with higher returns and better capital efficiency. Lower CAPEX and a $3 billion industrial-gas backlog should improve free cash flow and reduce dependence on large-scale transition projects.

Anchor Capital Advisors LLC Trims Stake in Air Products and Chemicals, Inc. $APD

defenseworld.net · 8 Sep 2026

Anchor Capital Advisors LLC Trims Stake in Air Products and Chemicals, Inc. $APD

Anchor Capital Advisors LLC lessened its position in Air Products and Chemicals, Inc. (NYSE: APD) by 3.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 209,608 shares of the basic materials company's stock after selling 8,438 shares during the

Air Products' Shares Rally 25% YTD: What's Driving the Upside?

zacks.com · 31 Aug 2026

Air Products' Shares Rally 25% YTD: What's Driving the Upside?

APD's 25% rally is backed by high-return projects, productivity gains, forecast-topping earnings and raised fiscal 2026 guidance.

Connor Clark & Lunn Investment Management Ltd. Takes Position in Air Products and Chemicals, Inc. $APD

defenseworld.net · 31 Aug 2026

Connor Clark & Lunn Investment Management Ltd. Takes Position in Air Products and Chemicals, Inc. $APD

Connor Clark and Lunn Investment Management Ltd. purchased a new position in Air Products and Chemicals, Inc. (NYSE: APD) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,111 shares of the basic materials company's stock, valued at approximately $912,000. Other institutional investors and

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