Air Products & Chemicals, Inc.

  • Earnings Score
  • Moat Score
  • Safety Score
  • Market Cap $59.78B
  • PE 39
  • Debt $830.70M
  • Cash $1.49B
  • EV $59.12B
  • FCF -$4.33B

Earnings

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Sales & Net Margins

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Earnings$1.53B
EBIT$1.90B
ROE9%
ROA5%
FCF-$4.33B
Equity$16.78B
Growth Stability90%
PE38.99
PEG4.76
PB3.56
P/FCF-13.8
P/S4.97
Price/Cash0.02
Debt/Equity0.05
Debt/FCF-0.19
Net Margins-19%
Gross Margins32%
Op. Margins16%
Earnings CAGR9%
Sales Growth YoY-0%
Sales Growth QoQ-1%
Sales CAGR7%
FCF CAGR-5%
Equity CAGR10%
Earnings Stability0.28
Earnings Growth YoY-402%
Earnings Growth QoQ-380%
Earnings CAGR 5Y8%
Sales CAGR 5Y8%
FCF CAGR 5Y-6%
Equity CAGR 5Y8%
Earnings CAGR 3Y-2%
Sales CAGR 3Y-2%
Equity CAGR 3Y11%
Market Cap$59.78B
Revenue$12.02B
Dividend Yield3%
Payout Ratio103%
Assets$38.87B
Total Debt$830.70M
Cash$1.49B
Shares Outstanding222.54M
EV59.12B
Earnings Score14%
Moat Score50%
Safety Score64%
Final Score43%
Working Capital-23M
Current Ratio1
Gross Profit$3.84B
Shares Growth 3y0%
Equity Growth QoQ-10%
Equity Growth YoY3%

Assets & ROA

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Stockholders Equity & ROE

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Air Products touches the lives of consumers around the globe in positive ways every day. Focused on serving energy, environment and emerging markets, we provide essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. We are also the global leader in the supply of liquefied natural gas process technology and equipment. Air Products develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals. Founded in 1940, Air Products has built a reputation for its innovative culture, operational excellence and commitment to safety and the environment.

SEC Filings

Direct access to Air Products & Chemicals, Inc. (APD) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2025
    • 10-Q Mar 31
  • 2024
    • 10-Q Dec 31
    • 10-K Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2023
    • 10-Q Dec 31
    • 10-K Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31

Sector Comparison

How does Air Products & Chemicals, Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Air Products & Chemicals, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 9%
Stability 28%
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Air Products & Chemicals, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Air Products & Chemicals, Inc..

= -$31B
012345678910TV
fcf-$4.3B-$4.1B-$3.9B-$3.7B-$3.5B-$3.4B-$3.2B-$3B-$2.9B-$2.7B-$2.6B-$26B
DCF-$3.7B-$3.2B-$2.8B-$2.4B-$2.1B-$1.8B-$1.6B-$1.3B-$1.2B-$1B-$10B
Value-$31B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years09/201509/201609/201709/201809/201909/202009/202109/202209/202309/2024TTM
Net Margins13%8%37%17%20%21%20%18%18%32%-19%
ROA-12%8%11%12%10%9%10%9%12%5%
ROE-9%29%13%15%15%15%16%15%21%9%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years09/201509/201609/201709/201809/201909/202009/202109/202209/202309/2024TTM
Debt over FCF-3.772.854.243.411.149.3833.52-7.68-4.79-0.19
Debt over Equity0.80.860.420.370.290.680.580.60.70.810.05
Growth Stability---92%100%90%100%100%100%100%90%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years09/201509/201609/201709/201809/201909/202009/202109/202209/202309/2024CAGR 5Y
Revenue YoY growth--24%9%9%-0%-1%17%23%-1%-4%8%
Earnings YoY growth--51%375%-50%18%7%11%7%2%66%8%
Equity YoY growth--2%41%10%2%9%13%-3%14%19%8%
FCF YoY growth-101%-10%-34%-1%-23%15%-72%-682%122%-6%