air products & chemicals inc. - APD

APD

Close Chg Chg %
327.75 1.10 0.34%

Closed Market

328.85

+1.10 (0.34%)

Volume: 1.97M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: air products & chemicals inc. - APD

APD Key Data

Open

$326.83

Day Range

325.91 - 330.19

52 Week Range

212.24 - 332.39

Market Cap

$72.89B

Shares Outstanding

222.32M

Public Float

220.60M

Beta

0.83

Rev. Per Employee

N/A

P/E Ratio

19.08

EPS

$17.20

Yield

215.34%

Dividend

$1.77

EX-DIVIDEND DATE

Oct 1, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.49M

 

APD Performance

1 Week
 
3.39%
 
1 Month
 
3.09%
 
3 Months
 
18.85%
 
1 Year
 
19.44%
 
5 Years
 
37.98%
 

APD Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 24
Full Ratings ➔

About air products & chemicals inc. - APD

Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. It operates through the following segments: Americas, Asia, Europe, Middle East and India, and Corporate and Other. The Americas, Asia, Europe, and Middle East and India segments focuses on producing and selling gases to customers, including those in refining, chemicals, metals, electronics, manufacturing, medical, and food industries. The Corporate and Other segment is involved in sales of cryogenic and gas processing equipment for air separation that is sold worldwide to customers in a variety of industries, including chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. The company was founded by Leonard Parker Pool on September 30, 1940 and is headquartered in Allentown, PA.

APD At a Glance

Air Products & Chemicals, Inc.
1940 Air Products Boulevard
Allentown, Pennsylvania 18106-5500
Phone 1-610-481-4911 Revenue 12.10B
Industry Chemicals: Specialty Net Income 3.83B
Sector Process Industries Employees N/A
Fiscal Year-end 09 / 2025
View SEC Filings

APD Valuation

P/E Current 19.083
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 17.331
Price to Sales Ratio 5.482
Price to Book Ratio N/A
Price to Cash Flow Ratio 18.26
Enterprise Value to EBITDA 18.407
Enterprise Value to Sales 6.603
Total Debt to Enterprise Value 0.187

APD Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 6.643
Total Asset Turnover 0.338

APD Liquidity

Current Ratio 1.522
Quick Ratio 1.339
Cash Ratio 0.714

APD Profitability

Gross Margin 32.493
Operating Margin 23.877
Pretax Margin 39.843
Net Margin 31.636
Return on Assets 10.736
Return on Equity 24.511
Return on Total Capital 12.028
Return on Invested Capital 13.815

APD Capital Structure

Total Debt to Total Equity 87.493
Total Debt to Total Capital 46.665
Total Debt to Total Assets 37.665
Long-Term Debt to Equity 83.414
Long-Term Debt to Total Capital 44.489
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Air Products & Chemicals Inc. - APD

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
10.32B 12.70B 12.60B 12.10B
Sales Growth
+16.55% +23.03% -0.79% -3.96%
Cost of Goods Sold (COGS) incl D&A
7.19B 9.34B 8.83B 8.17B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.32B 1.34B 1.36B 1.45B
Depreciation
- 1.28B 1.30B 1.33B
Amortization of Intangibles
- 37.20M 35.50M 32.50M
COGS Growth
+22.67% +29.94% -5.47% -7.47%
Gross Income
3.14B 3.36B 3.77B 3.93B
Gross Income Growth
+4.61% +7.19% +12.21% +4.26%
Gross Profit Margin
+30.37% +26.46% +29.93% +32.49%
2021 2022 2023 2024 5-year trend
SG&A Expense
921.90M 1.00B 1.06B 1.04B
Research & Development
93.50M 102.90M 105.60M 100.20M
Other SG&A
828.40M 900.60M 957.00M 942.40M
SGA Growth
+7.22% +8.85% +5.89% -1.88%
Other Operating Expense
- - - -
-
Unusual Expense
- (11.20M) (8.90M) (1.10M)
EBIT after Unusual Expense
2.22B 2.37B 2.71B 2.89B
Non Operating Income/Expense
419.00M 510.70M 344.60M 2.15B
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
294.10M 481.50M 604.30M 647.70M
Interest Expense
136.20M 122.20M 172.00M 218.80M
Interest Expense Growth
+27.89% -10.28% +40.75% +27.21%
Gross Interest Expense
164.50M 163.20M 287.40M 218.80M
Interest Capitalized
- 28.30M 41.00M 115.40M
Pretax Income
2.51B 2.75B 2.88B 4.82B
Pretax Income Growth
+3.45% +9.86% +4.64% +67.26%
Pretax Margin
+24.29% +21.69% +22.88% +39.84%
Income Tax
462.80M 500.80M 551.20M 944.90M
Income Tax - Current - Domestic
- 114.00M 179.20M 208.60M
Income Tax - Current - Foreign
- 254.80M 289.30M 367.30M
Income Tax - Deferred - Domestic
- 54.60M 13.70M (18.30M)
Income Tax - Deferred - Foreign
- 39.40M 18.60M (6.40M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
294.10M 481.50M 604.30M 647.70M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.04B 2.25B 2.33B 3.88B
Minority Interest Expense
15.80M 10.40M 38.40M 34.20M
Net Income
2.03B 2.24B 2.29B 3.84B
Net Income Growth
+6.72% +10.58% +2.20% +67.57%
Net Margin Growth
+19.65% +17.67% +18.20% +31.75%
Extraordinaries & Discontinued Operations
- - - (13.90M)
-
Discontinued Operations
- - - (13.90M)
-
Net Income After Extraordinaries
2.03B 2.24B 2.29B 3.83B
Preferred Dividends
- - - -
-
Net Income Available to Common
2.03B 2.24B 2.29B 3.83B
EPS (Basic)
9.1552 10.1059 10.314 17.2054
EPS (Basic) Growth
+6.53% +10.38% +2.06% +66.82%
Basic Shares Outstanding
221.60M 222.00M 222.30M 222.50M
EPS (Diluted)
9.1182 10.0832 10.2955 17.18
EPS (Diluted) Growth
+6.63% +10.58% +2.11% +66.87%
Diluted Shares Outstanding
222.50M 222.50M 222.70M 222.80M
EBITDA
3.53B 3.70B 4.07B 4.34B
EBITDA Growth
+6.39% +4.55% +10.05% +6.72%
EBITDA Margin
+34.24% +29.10% +32.28% +35.87%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 343.474
Number of Ratings 24 Current Quarters Estimate 2.848
FY Report Date 12 / 2024 Current Year's Estimate 12.966
Last Quarter’s Earnings 3.56 Median PE on CY Estimate N/A
Year Ago Earnings 12.43 Next Fiscal Year Estimate 14.191
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 15 21 18
Mean Estimate 2.85 3.08 12.97 14.19
High Estimates 2.96 3.23 13.58 14.90
Low Estimate 2.79 2.80 12.70 13.40
Coefficient of Variance 2.12 3.69 1.90 2.99

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 14 14 11
OVERWEIGHT 1 0 0
HOLD 9 12 14
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Air Products & Chemicals Inc. - APD

Date Name Shares Transaction Value
Oct 2, 2024 Charles Casey Cogut Director 8,169 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Matthew H. Paull Director 10,811 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Lisa A. Davis Director 2,993 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Jessica Trocchi Graziano Director 1,020 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Wayne T. Smith Director 2,049 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Hing Yuen Ho Director 21,230 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Tonit M. Calaway Director 1,772 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Edward L. Monser Director 15,945 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 3, 2024 Seifollah Ghasemi Chairman, Pres. and CEO 3,276 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 6, 2023 Seifollah Ghasemi Chairman, Pres. and CEO 679,745 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $270.66 per share 183,979,781.70
Dec 6, 2023 Seifollah Ghasemi Chairman, Pres. and CEO 484 Other acquisition or disposition 0.00
Dec 6, 2023 Sean D. Major Executive VP & General Counsel 322 Other acquisition or disposition 0.00
Dec 6, 2023 Sean D. Major Executive VP & General Counsel 16,014 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $270.66 per share 4,334,349.24
Dec 6, 2023 Sean D. Major Executive VP & General Counsel 17,218 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 6, 2023 Samir J. Serhan Executive VP and COO 44,586 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 6, 2023 Samir J. Serhan Executive VP and COO 43,342 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $270.66 per share 11,730,945.72
Dec 6, 2023 Samir J. Serhan Executive VP and COO 378 Other acquisition or disposition 0.00
Dec 6, 2023 Melissa N. Schaeffer Senior Vice President and CFO 9,828 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 6, 2023 Melissa N. Schaeffer Senior Vice President and CFO 9,730 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $270.66 per share 2,633,521.80
Dec 6, 2023 Melissa N. Schaeffer Senior Vice President and CFO 411 Other acquisition or disposition 0.00

Air Products & Chemicals Inc. in the News