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APD Stock Chart & Stats
$291.81
-$1.60(-0.56%)
At close: 4:00 PM EST
$291.81
-$1.60(-0.56%)
Day’s Range― - ―
52-Week Range$229.11 - $307.96
Previous CloseN/A
Volume254.08K
Average Volume (3M)1.23M
Market Cap
$69.96B
Enterprise Value$80.15B
Total Cash (Recent Filing)$951.00M
Total Debt (Recent Filing)$18.36B
Price to Earnings (P/E)33.2
Beta0.68
Next Earnings
Jul 30, 2026EPS Estimate
3.34Next Dividend Ex-DateN/A
Dividend Yield2.92%
Share Statistics
EPS (TTM)9.45
Shares Outstanding222,680,680
10 Day Avg. Volume1,459,612
30 Day Avg. Volume1,231,946
Financial Highlights & Ratios
PEG Ratio1.40
Price to Book (P/B)4.04
Price to Sales (P/S)5.05
P/FCF Ratio-16.14
Enterprise Value/Market Cap1.15
Enterprise Value/Revenue6.43
Enterprise Value/Gross Profit20.11
Enterprise Value/Ebitda17.66
Forecast
1Y Price Target
$332.00Price Target Upside13.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)13.22
Revenue Forecast (FY)$12.75B
Bulls Say, Bears Say
Bulls Say
Contract-driven Recurring RevenueAir Products' business model centers on long-term on-site, pipeline and take-or-pay contracts that generate recurring revenues and predictable volumes. That structural contract base reduces revenue cyclicality, supports steady utilization of ASUs/pipelines, and underpins durable cash flow visibility over multiple years.
Large Backlog And Project WinsA $9 billion backlog, including major electronics and Asia ASU/hydrogen projects, provides multi-quarter to multi-year revenue visibility. Backlog concentration in strategic segments (electronics, refining) and multi-phase agreements smooths demand cycles and supports measured capacity additions and margin recovery as projects come online.
Improving Cash Generation And Capital DisciplineOperating cash flow strength and a TTM positive free cash flow indicate improving internal funding capacity. Combined with explicit capex reduction plans and substantial shareholder returns, this implies disciplined allocation that can sustain dividends, deleveraging or targeted investments without overreliance on external financing.
Bears Say
Large Impairment And Project ExitsThe planned write-downs and project terminations materially consume capital and signal execution/selection challenges in clean-energy investments. These charges reduce tangible capital for growth, increase near-term earnings volatility, and could force redeployment or asset sales, constraining strategic optionality for months.
Elevated Leverage And Weak ProfitabilityHigher leverage alongside negative trailing EBIT and net margins means the current capital base isn't delivering returns. This magnifies sensitivity to project delays, commodity or energy cost swings, and reduces flexibility for large investments or buybacks until profitability and coverage metrics reliably improve.
Volatile Free Cash Flow HistoryA history of deeply negative FCF followed by a volatile rebound raises questions about the sustainability of internally funded growth. Cash generation instability complicates multi-year project financing, increases reliance on timing of asset sales or external capital, and heightens risk during industry disruptions.
Air Products and Chemicals News
APD FAQ
What was Air Products and Chemicals, Inc.’s price range in the past 12 months?
Air Products and Chemicals, Inc. lowest stock price was $229.11 and its highest was $307.96 in the past 12 months.
What is Air Products and Chemicals, Inc.’s market cap?
Air Products and Chemicals, Inc.’s market cap is $69.96B.
When is Air Products and Chemicals, Inc.’s upcoming earnings report date?
Air Products and Chemicals, Inc.’s upcoming earnings report date is Jul 30, 2026 which is in 25 days.
How were Air Products and Chemicals, Inc.’s earnings last quarter?
Air Products and Chemicals, Inc. released its earnings results on Apr 30, 2026. The company reported $3.2 earnings per share for the quarter, beating the consensus estimate of $3.06 by $0.14.
Is Air Products and Chemicals, Inc. overvalued?
According to Wall Street analysts Air Products and Chemicals, Inc.’s price is currently Undervalued.
Does Air Products and Chemicals, Inc. pay dividends?
Air Products and Chemicals, Inc. pays a Quarterly dividend of $1.81 which represents an annual dividend yield of 2.92%. See more information on Air Products and Chemicals, Inc. dividends here
What is Air Products and Chemicals, Inc.’s EPS estimate?
Air Products and Chemicals, Inc.’s EPS estimate is 3.34.
How many shares outstanding does Air Products and Chemicals, Inc. have?
Air Products and Chemicals, Inc. has 222,680,680 shares outstanding.
What happened to Air Products and Chemicals, Inc.’s price movement after its last earnings report?
Air Products and Chemicals, Inc. reported an EPS of $3.2 in its last earnings report, beating expectations of $3.06. Following the earnings report the stock price went down -0.81%.
Which hedge fund is a major shareholder of Air Products and Chemicals, Inc.?
Currently, no hedge funds are holding shares in APD
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Air Products and Chemicals Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$332.00 (13.77% Upside)
$332.00 (13.77% Upside)
Blogger Sentiment
Bullish
APD Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 653.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $824.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.6%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Very Bullish
Bullish news 80%
Bearish news 20%
Bearish news 20%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.11%
12-Months-Change
Fundamentals
Return on Equity
13.68%
Trailing 12-Months
Asset Growth
7.13%
Trailing 12-Months
Company Description
Air Products and Chemicals, Inc.
Operating globally, Air Products and Chemicals, Inc. (APD) is a prominent supplier of industrial gases, specialized equipment, and associated services. The company's diverse product range includes atmospheric gases such as oxygen, nitrogen, and argon, as well as various process gases like hydrogen, helium, carbon dioxide, carbon monoxide, and syngas. They also provide a selection of specialty gases. APD is involved in the fabrication of crucial machinery for gas production and handling, including air separation units and non-cryogenic generators. These products and services cater to a broad spectrum of industries, including but not limited to refining, chemical processing, gasification, metals production, general manufacturing, food and beverage, electronics, medical imaging, and energy generation. Moreover, the company's capabilities extend to designing and manufacturing advanced systems for air separation, hydrocarbon recovery and purification, the liquefaction of natural gas, and the secure transportation and storage of liquid helium and hydrogen. APD also engages in a strategic partnership with Baker Hughes Company to further innovate hydrogen compression systems. The firm was established in 1940 and is based in Allentown, Pennsylvania.
APD Company Deck
APD Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call conveyed a broadly positive operational and financial performance: material YoY growth in EPS and operating income, margin expansion, a raised full‑year guide, meaningful backlog and large new electronics wins, and disciplined capital allocation with strong shareholder returns. Offsetting these positives are significant near‑term risks driven by the Middle East conflict (notably helium supply disruption and pricing headwinds), project‑level uncertainty (Darrow) and regional cost/run‑rate pressures in Europe. On balance the call emphasized resilience, project progress and prudent financial management while acknowledging key market uncertainties.View all APD earnings summariesAPD Revenue Breakdown
42.58% Americas
27.17% Asia
24.79% Europe
1.13% Middle East and India
4.32% Corporate and other
APD Stock 12 Month Forecast
Average Price Target
$332.00
▲(13.77% Upside)
Technical Analysis
Ownership Overview
0.09% Insiders
28.37% Mutual Funds
0.10% Other Institutional Investors
49.28% Public Companies and
Individual Investors