Air Products and Chemicals (APD) Stock Price

Air Products and Chemicals Price

NYSE·CLOSED
302.70USD-1.52 (-0.50 %)
Market closed

Revenue has compounded at 1.6% per year over the past 19 years to 12.04 B USD. Earnings per share have grown at 9.7% per year over the last 18 years. Air Products and Chemicals's net margin stands at -3.3%, down from 20.3% several years earlier. Air Products and Chemicals currently offers a dividend yield of about 2.36%. The dividend has grown at 9.1% per year over the past 19 years. Analysts set a median price target of 350.00 USD, implying 15.6% above the current price. Of 27 analysts, 18 rate the stock a buy — an overall Buy consensus. The stock trades about 31% above its 52-week low.

Air Products and Chemicals stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Air Products and Chemicals over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Air Products and Chemicals stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Air Products and Chemicals's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Air Products and Chemicals Stock Price History
DateAir Products and Chemicals Price
9/4/2026302.70 USD
9/3/2026304.22 USD
9/2/2026309.45 USD
9/1/2026305.32 USD
8/31/2026309.37 USD
8/28/2026306.31 USD
8/27/2026305.37 USD
8/26/2026306.66 USD
8/25/2026303.85 USD
8/24/2026302.54 USD
8/21/2026305.10 USD
8/20/2026300.33 USD
8/19/2026302.85 USD
8/18/2026303.78 USD
8/14/2026308.97 USD
8/13/2026305.52 USD
8/12/2026304.07 USD
8/11/2026309.31 USD
8/10/2026305.75 USD
8/7/2026303.44 USD
8/6/2026299.92 USD
8/5/2026296.40 USD
8/4/2026295.32 USD
8/3/2026292.94 USD
7/31/2026294.89 USD
7/30/2026300.20 USD
7/29/2026292.03 USD
7/27/2026292.33 USD
7/23/2026294.29 USD
7/22/2026297.00 USD
Access this data via the Eulerpool API

Air Products and Chemicals Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
12.60 B USD
2.67 B USD
2.30 B USD
Jan 1, 2024
12.10 B USD
4.68 B USD
3.83 B USD
Jan 1, 2025
12.04 B USD
-877.00 M USD
-394.50 M USD
Jan 1, 2026 (e)
12.75 B USD
3.82 B USD
2.99 B USD
Jan 1, 2027 (e)
13.47 B USD
4.08 B USD
3.22 B USD
Jan 1, 2028 (e)
14.31 B USD
4.42 B USD
3.50 B USD
Jan 1, 2029 (e)
16.45 B USD
5.25 B USD
4.18 B USD
Jan 1, 2030 (e)
15.29 B USD
4.69 B USD
3.71 B USD

Air Products and Chemicals Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 8, 2026, 6:00 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
7.827.508.198.938.928.8610.3212.7012.6012.1012.0412.7513.4714.3116.4515.29
-25.05-4.109.129.08-0.13-0.7016.5723.01-0.77-3.97-0.525.915.706.2314.94-7.04
28.4531.0029.7330.6833.0033.8530.3826.4629.9032.4931.4131.4131.4131.4131.4131.41
2.232.332.432.742.943.003.143.363.773.933.784.004.234.505.174.80
1.231.641.442.102.282.352.422.472.674.68-0.883.824.084.425.254.69
15.7621.9117.5923.4725.5826.4923.4719.4221.2138.71-7.2929.9530.3130.8531.8930.65
1.280.633.001.501.761.892.102.262.303.83-0.392.993.223.504.183.71
28.86-50.59375.44-50.1017.577.1611.297.481.9566.43-110.29-859.147.568.6419.46-11.09
3.244.303.804.404.645.366.006.487.005.317.147.207.688.19
-29.8732.72-11.6315.795.4515.5211.948.008.02-24.1434.460.846.676.64
217.60219.70220.40221.00222.20222.60222.60222.60222.80222.90222.90222.90222.90222.90222.90222.90
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Air Products and Chemicals generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Air Products and Chemicals retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Air Products and Chemicals's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Air Products and Chemicals has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Air Products and Chemicals's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Air Products and Chemicals stock margins

The Air Products and Chemicals margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Air Products and Chemicals. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Air Products and Chemicals.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
30.39 %
23.47 %
20.33 %
Jan 1, 2022
26.46 %
19.43 %
17.77 %
Jan 1, 2023
29.90 %
21.21 %
18.26 %
Jan 1, 2024
32.49 %
38.72 %
31.64 %
Jan 1, 2025
31.41 %
-7.29 %
-3.28 %
Jan 1, 2026 (e)
31.41 %
29.95 %
23.46 %
Jan 1, 2027 (e)
31.41 %
30.31 %
23.87 %
Jan 1, 2028 (e)
31.41 %
30.85 %
24.42 %

Air Products and Chemicals Stock Revenue, EBIT, Earnings per Share

The Air Products and Chemicals earnings per share therefore indicates how much revenue Air Products and Chemicals has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
46.37 USD
10.89 USD
9.43 USD
Jan 1, 2022
57.05 USD
11.08 USD
10.14 USD
Jan 1, 2023
56.55 USD
11.99 USD
10.32 USD
Jan 1, 2024
54.29 USD
21.02 USD
17.17 USD
Jan 1, 2025
54.00 USD
-3.93 USD
-1.77 USD
Jan 1, 2026 (e)
57.24 USD
17.13 USD
13.43 USD
Jan 1, 2027 (e)
60.51 USD
18.32 USD
14.45 USD
Jan 1, 2028 (e)
64.28 USD
19.81 USD
15.70 USD

Air Products and Chemicals business model & stock analysis

Air Products and Chemicals Inc is an American corporation that is engaged in the production of products and services in the field of industrial gases and specialty chemicals. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania. Air Products' core competencies include the production of gases such as nitrogen, oxygen, hydrogen, and noble gases. In addition, the company also provides solutions for the storage, handling, and application of industrial gases. Air Products' products are used in a variety of industries, from steel production to electronics to the food industry. Air Products is divided into several segments: Industrial Gases, Process Gases, Electronics and Performance Materials, and Equipment and Energy. Each of these segments offers specialized products and services that are tailored to the specific requirements of their respective customers. The Industrial Gases segment is the largest and most important business area of Air Products. Here, a variety of gases are produced and sold, including oxygen, nitrogen, and hydrogen. These gases are used in various industries and applications, such as improving combustion processes, manufacturing chemicals, and serving as inert gas in welding. The Process Gases segment specializes in the production of specialty gases used in the semiconductor industry, aerospace, and other demanding applications. This includes gases such as high-purity nitrogen, silane, and germane. The Electronics and Performance Materials segment produces a variety of specialty chemicals used in the electronics, automotive, and aerospace industries. This includes semiconductor materials, coatings, and polymer additives. The Equipment and Energy segment offers products and services for power generation, particularly hydrogen plants and gas turbines. Air Products' hydrogen plants produce hydrogen from natural gas or other raw materials and can be used in various industries, such as chemical manufacturing or power generation. In recent years, Air Products has also focused on the renewable energy market and the hydrogen economy. The company is involved in various projects aimed at utilizing hydrogen as an alternative energy source and reducing CO2 emissions. Overall, Air Products has a strong market position in the gas and chemical industry and operates worldwide. The company generated revenue of approximately $8.9 billion in 2019 and employs over 19,000 employees worldwide.

Air Products and Chemicals SWOT Analysis

Strengths

1. Global Presence: Air Products and Chemicals Inc operates in various countries, giving it a wide customer base and diversified revenue streams.

2. Strong Brand Reputation: The company has established a strong brand image characterized by quality products and reliable services.

3. Technological Expertise: Air Products and Chemicals Inc possesses advanced technology and innovation capabilities, allowing them to develop cutting-edge solutions for customers.

Weaknesses

1. Dependence on Key Customers: A significant portion of Air Products and Chemicals Inc's revenue comes from a few major customers, making them vulnerable to changes in business relationships.

2. Limited Product Diversification: The company's product portfolio is focused on industrial gases and related equipment, which may limit growth opportunities in other industries.

3. Environmental Impact: As a chemicals company, Air Products and Chemicals Inc faces scrutiny regarding its environmental practices, which could affect its reputation and customer perception.

Opportunities

1. Increasing Demand for Renewable Energy: The global shift towards renewable energy sources presents an opportunity for Air Products and Chemicals Inc to provide solutions in the hydrogen and clean energy sectors.

2. Strategic Partnerships: Collaborating with other companies or research institutions could enhance Air Products and Chemicals Inc's technological capabilities and lead to innovative product offerings.

3. Emerging Markets: Expanding operations into emerging markets offers the potential for significant growth, particularly in regions with increasing industrialization and urbanization.

Threats

1. Intense Competition: Air Products and Chemicals Inc operates in a highly competitive industry, facing competition from both large multinational corporations and smaller regional players.

2. Regulatory Changes: Evolving regulations related to environmental standards, health and safety, and trade policies may impact the company's operations and profitability.

3. Economic Volatility: Global economic fluctuations and market uncertainties can affect Air Products and Chemicals Inc's growth prospects, investment decisions, and demand for its products.

Air Products and Chemicals Employees

  • 3 Years

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Air Products and Chemicals Employees
Details
Date
Air Products and Chemicals Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Air Products and Chemicals Segments

Air Products and Chemicals Revenue by Segment

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  • Max

Merchant Gases
Industrial Gases - Americas
Industrial Gases Americas
Tonnage Gases
Electronics And Performance Materials
Materials Technologies
Industrial Gases - Asia
Industrial Gases - EMEA
Industrial Gases Asia
Industrial Gases EMEA
Industrial Gases - Global
Industrial Gases Global
Equipment and Energy
Corporate and Other
Energy From Waste
Details
Date
Merchant Gases
Industrial Gases - Americas
Industrial Gases Americas
Tonnage Gases
Electronics And Performance Materials
Materials Technologies
Industrial Gases - Asia
Industrial Gases - EMEA
Industrial Gases Asia
Industrial Gases EMEA
Industrial Gases - Global
Industrial Gases Global
Equipment and Energy
Corporate and Other
Energy From Waste
Jan 1, 2012
3.66 B USD
0.00 USD
0.00 USD
3.21 B USD
2.32 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
420.10 M USD
0.00 USD
0.00 USD
Jan 1, 2013
4.10 B USD
0.00 USD
0.00 USD
3.39 B USD
2.24 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
451.10 M USD
0.00 USD
0.00 USD
Jan 1, 2014
4.25 B USD
0.00 USD
0.00 USD
3.29 B USD
2.45 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
450.40 M USD
0.00 USD
0.00 USD
Jan 1, 2015
0.00 USD
0.00 USD
3.69 B USD
0.00 USD
0.00 USD
2.09 B USD
0.00 USD
0.00 USD
1.64 B USD
1.86 B USD
0.00 USD
286.80 M USD
0.00 USD
324.70 M USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
3.34 B USD
0.00 USD
0.00 USD
2.02 B USD
0.00 USD
0.00 USD
1.72 B USD
1.70 B USD
0.00 USD
498.80 M USD
0.00 USD
246.10 M USD
0.00 USD
Jan 1, 2017
0.00 USD
3.64 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
1.96 B USD
1.78 B USD
0.00 USD
0.00 USD
540.00 M USD
0.00 USD
0.00 USD
82.60 M USD
0.00 USD

Air Products and Chemicals Revenue by Region

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Other foreign operations
United States
Europe
Europe, including Middle East
CHINA
Asia Excluding China
Asia, excluding China and India
Other Countries
Latin America/Other
Latin America
Canada
Details
Date
Other foreign operations
United States
Europe
Asia
Europe, including Middle East
CHINA
Asia Excluding China
Asia, excluding China and India
Other Countries
Latin America/Other
Latin America
Canada
Jan 1, 2018
0.00 USD
3.15 B USD
0.00 USD
0.00 USD
2.29 B USD
1.59 B USD
0.00 USD
904.00 M USD
998.40 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
3.35 B USD
0.00 USD
0.00 USD
2.09 B USD
1.73 B USD
0.00 USD
953.10 M USD
793.50 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
3.78 B USD
3.36 B USD
0.00 USD
0.00 USD
0.00 USD
1.72 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
4.60 B USD
3.90 B USD
0.00 USD
0.00 USD
0.00 USD
1.83 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
5.48 B USD
5.23 B USD
0.00 USD
0.00 USD
0.00 USD
1.99 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
5.38 B USD
5.23 B USD
0.00 USD
0.00 USD
0.00 USD
1.99 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
5.24 B USD
4.91 B USD
0.00 USD
0.00 USD
0.00 USD
1.95 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
5.41 B USD
4.69 B USD
0.00 USD
0.00 USD
0.00 USD
1.93 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Air Products and Chemicals Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Air Products and Chemicals historical P/E ratio, EBIT multiple, and P/S ratio

Air Products and Chemicals annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Air Products and Chemicals shares outstanding

The number of shares of Air Products and Chemicals was 222.9 M in 2025. This indicates how many shares Air Products and Chemicals is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
222.60 M Stocks
Jan 1, 2022
222.60 M Stocks
Jan 1, 2023
222.80 M Stocks
Jan 1, 2024
222.90 M Stocks
Jan 1, 2025
222.90 M Stocks
Jan 1, 2026 (e)
222.90 M Stocks
Jan 1, 2027 (e)
222.90 M Stocks
Jan 1, 2028 (e)
222.90 M Stocks

Air Products and Chemicals stock splits

In Air Products and Chemicals's history, there have been no stock splits.

Air Products and Chemicals Dividend History

38 years of dividend payments

YearAnnual DividendYoY ChangePayments
20263.60USDYTD
Jan 2, 20261.79USD 0.0%1/2
Apr 1, 20261.81USD 1.1%2/2
20257.14USD 34.5%
Jan 2, 20251.77USD 0.0%1/4
Apr 1, 20251.79USD 1.1%2/4
Jul 1, 20251.79USD 0.0%3/4
Oct 1, 20251.79USD 0.0%4/4
20245.31USD 24.1%
20237.00USD 8.0%
20226.48USD 8.0%
20216.00USD 11.9%
20205.36USD 15.5%
20194.64USD 5.5%
20184.40USD 15.8%
20173.80USD 11.6%

Air Products and Chemicals dividend history and estimates

In 2025, Air Products and Chemicals paid a dividend amounting to 7.14 USD. Dividend means that Air Products and Chemicals distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
6.00 USD
0.00 USD
Jan 1, 2022
6.48 USD
0.00 USD
Jan 1, 2023
7.00 USD
0.00 USD
Jan 1, 2024
5.31 USD
0.00 USD
Jan 1, 2025
7.14 USD
0.00 USD
Jan 1, 2026 (e)
3.60 USD
3.60 USD
Jan 1, 2027 (e)
0.00 USD
7.68 USD
Jan 1, 2028 (e)
0.00 USD
8.19 USD

Air Products and Chemicals dividend payout ratio

In 2025, Air Products and Chemicals had a payout ratio of -403.42%. The payout ratio indicates the percentage of the company's profits that Air Products and Chemicals distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
63.63 %
Jan 1, 2022
63.94 %
Jan 1, 2023
67.80 %
Jan 1, 2024
30.92 %
Jan 1, 2025
-403.42 %
Jan 1, 2026 (e)
53.60 %
Jan 1, 2027 (e)
53.15 %
Jan 1, 2028 (e)
52.15 %

Current Air Products and Chemicals forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
18.32 %
Buy
66.67 % (18)
Hold
33.33 % (9)
Sell
0.00 % (0)
12M Price Target
350.00
Last Price
302.70
Currency
USD
12M Return Potential
15.63 %
LTM Return
0 %

Air Products and Chemicals Analyst Rating Actions

DateFirmActionRatingReliability
8/6/2026
RBC Capital
RBC Capital
MaintainedOutperform49
7/31/2026
Wells Fargo
Wells Fargo
MaintainedOverweight55
7/31/2026
UBS
UBS
MaintainedNeutral46
7/31/2026
Mizuho
Mizuho
MaintainedOutperform31
7/31/2026
Citigroup
Citigroup
MaintainedNeutral48
7/17/2026
Bernstein
Bernstein
MaintainedOutperform55
7/1/2026
Bernstein
Bernstein
MaintainedOutperform55
5/5/2026
RBC Capital
RBC Capital
MaintainedOutperform49
5/5/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight51
5/1/2026
Wells Fargo
Wells Fargo
MaintainedOverweight55

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Air Products and Chemicals Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/29/20263.37USD-3.23 BUSD-2026 Q3
4/29/20263.09USD-3.10 BUSD-2026 Q2
2/4/20263.08USD-3.08 BUSD-2026 Q1
5/7/20243.19USD-3.39 BUSD-2024 Q2
1/31/20243.04USD-3.24 BUSD-2024 Q1
8/2/20232.91USD-3.30 BUSD-2023 Q3
5/3/20232.69USD-3.18 BUSD-2023 Q2
2/2/20232.73USD-3.30 BUSD-2023 Q1
11/3/20222.79USD-3.27 BUSD-2022 Q4
8/4/20222.63USD-3.09 BUSD-2022 Q3
...

EESG©

Eulerpool ESG Scorecard© for the Air Products and Chemicals stock

76/100
86
Environment
76
Social
66
Governance
E

Environment

20
Scope 1 - Direct Emissions16,400,000
Scope 2 - Indirect emissions from purchased energy10,700,000
Scope 3 - Indirect emissions within the value chain8,300,000
Total CO₂ emissions27,100,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees23
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Air Products and Chemicals shareholder structure

% Name
8.10707%
BLACKROCK, INC.
BLACKROCK, INC.
6.49633%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
5.31693%
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO
4.67468%
CAPITAL RESEARCH GLOBAL INVESTORS
CAPITAL RESEARCH GLOBAL INVESTORS
4.53996%
STATE STREET CORP
STATE STREET CORP
4.46146%
CAPITAL INTERNATIONAL INVESTORS
CAPITAL INTERNATIONAL INVESTORS
...

Air Products and Chemicals Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.9%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
11.00%
State Farm Mutual Automobile Insurance Company 37-0533100
State Farm Mutual Automobile Insurance Company 37-0533100
SEC ↗
11.00%
State Farm Life Insurance Company 37-0533090
State Farm Life Insurance Company 37-0533090
SEC ↗
11.00%
State Farm Insurance Companies Employee Retirement Trust 36-6042145
State Farm Insurance Companies Employee Retirement Trust 36-6042145
SEC ↗
11.00%
State Farm Fire and Casualty Company 37-0533080
State Farm Fire and Casualty Company 37-0533080
SEC ↗
11.00%
37-0805091
37-0805091
SEC ↗
11.00%
37-6091823
37-6091823
SEC ↗
11.00%
37-1400576
37-1400576
SEC ↗
8.86%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
7.51%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
7.27%
04-2507163)
04-2507163)
SEC ↗

Air Products and Chemicals Executives and Management Board

15 members · avg. age 60 · 27 % women

MS

Ms. Melissa Schaeffer (45)

Chief Financial Officer, Senior Vice President

4.45 M USD

Management

EM

Mr. Eduardo Menezes (61)

Chief Executive Officer, Director · since 2025

ML

Mr. Matthew Lepore

Executive Vice President, Chief Compliance Officer, General Counsel, Secretary

WP

Mr. William Pellicciotti (44)

Chief Accounting Officer, Controller

SM

Mr. Sidd Manjeshwar

Investor Relations · since 2023

Board of Directors

EM

Mr. Edward Monser (74)

Lead Independent Director

350,000.00 USD
LD

Ms. Lisa Davis (61)

Independent Director

310,000.00 USD
CC

Mr. Charles Cogut (76)

Independent Director

305,353.00 USD
WS

Mr. Wayne Smith (63)

Independent Chairman of the Board

300,000.00 USD
TC

Ms. Tonit Calaway (57)

Independent Director

290,000.00 USD
DR

Mr. Dennis Reilley (71)

Vice Chairman of the Board · since 2025

Air Products and Chemicals Supply Chain

Air Products and Chemicals Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
0.48
-0.14
-0.33
-0.32
-0.19
0.70
-0.28
2
0.44
0.62
0.36
0.76
0.20
0.70
0.30
3
Huntsman
Customer
0.44
-0.34
-0.04
0.43
0.08
0.66
0.16
4
0
-0.36
-0.91
-0.80
-0.18
0.62
-0.22
5
-0.02
-0.47
-0.86
-0.80
-0.34
0.62
-1.12
#Nameβ 1YTrend
1
Chiyoda Corporation
Customer
0.47
2
Xebec Adsorption
Supplier
0.26
0.55
0.87
0.73
3
Xebec Adsorption Inc.
Supplier
0.26
0.51
0.89
0.77
4
0.25
0.49
0.67
0.09
0.49
5
Jinko Power Technology A
Supplier·Customer
0.06
-0.09
-0.91
-0.86
-0.45

Frequently asked questions about Air Products and Chemicals

The business model of Air Products and Chemicals Inc revolves around producing and supplying industrial gases and performance materials. As a leading global provider, Air Products and Chemicals Inc caters to various industries, such as refining, petrochemical, pharmaceutical, and food processing. Through innovative technologies and extensive infrastructure, the company strives to meet customers' needs efficiently and sustainably. Air Products and Chemicals Inc aims to offer a diverse portfolio of products and solutions to enhance productivity, improve energy efficiency, and reduce environmental impact. With a strong commitment to customer satisfaction and continuous improvements, the company seeks to drive growth and profitability in the markets it serves.

Air Products and Chemicals Inc is primarily active in the industrial gases, specialty materials, and chemical industries.

The main competitors of Air Products and Chemicals Inc in the market include companies such as Linde plc, Praxair Inc, and Air Liquide.

Air Products and Chemicals Inc, established in 1940, is a leading global provider of industrial gases and related equipment and services. With a strong history and extensive expertise, the company operates in over 50 countries, serving a range of industries including manufacturing, energy, and healthcare. Renowned for their innovative solutions, Air Products specializes in the production and supply of atmospheric gases, hydrogen, and performance materials. Over the years, they have developed a reputation for excellence, customer-focused approach, and commitment to sustainability. As a leading player in the industrial gas industry, Air Products and Chemicals Inc continues to drive advancements and deliver reliable solutions to meet the evolving demands of their diverse customer base.

Air Products and Chemicals Inc has achieved several significant milestones throughout its history. The company, founded in 1940, has established itself as a global leader in industrial gases and chemicals. Some notable achievements include the development of innovative technologies, such as the world's first large-scale air separation unit in 1949. Air Products has also expanded its market presence through strategic acquisitions and partnerships, enhancing its portfolio and global reach. The company's commitment to sustainability has resulted in numerous accolades and recognitions, including being named one of the World's Most Admired Companies by Fortune magazine. Air Products continues to drive innovation and deliver exceptional value to its shareholders and customers worldwide.

Air Products and Chemicals Inc is primarily present in several countries and regions worldwide. The company has a global presence and operates across various continents, including North America, Europe, Asia, and Latin America. Its extensive footprint spans more than 50 countries, where it provides industrial gases, performance materials, equipment, and technology solutions. As a leading multinational corporation, Air Products and Chemicals Inc serves customers in diverse industries, such as energy, healthcare, manufacturing, food processing, and electronics. With its wide-ranging international operations, the company demonstrates its commitment to delivering innovative solutions and serving customers around the globe.

Air Products and Chemicals Inc represents a strong focus on integrity, safety, and sustainability. With a commitment to delivering exceptional products and services, the company aims to create value for its customers, stakeholders, and the environment. Air Products and Chemicals Inc values innovation, collaboration, and continuous improvement to meet evolving market needs. Through its corporate philosophy, the company strives to make a positive impact in air separation, gas processing, and chemical production industries. Air Products and Chemicals Inc aims to build long-term relationships based on trust, reliability, and excellence, solidifying its position as a leading global supplier in industrial gases and related equipment.

Analysts currently set an average price target of 346.44 USD for the Air Products and Chemicals stock (median: 350.00 USD), implying +14.4 % versus the latest price. The consensus is based on 27 analyst ratings.

27 analysts currently rate the Air Products and Chemicals stock: 18 recommend buying, 9 holding and 0 selling. For 2026, analysts expect Air Products and Chemicals to generate revenue of 12.75 B USD and earnings per share of 13.42 USD.

Converted at the current exchange rate, the Air Products and Chemicals share trades at 260.43 EUR (302.70 USD).

The Air Products and Chemicals share (APD) is listed on 10 stock exchanges, including: NYSE (APD), XETRA (AP3.DE), Frankfurt (AP3.F), München (AP3.MU), Düsseldorf (AP3.DU), London (0HBH.L), London (0HBH.L), SIX (Zürich) (AP3.SW).

Air Products and Chemicals Inc. is a global company specializing in the production and sale of industrial gases and related equipment. It is one of the world's leading suppliers of hydrogen, organic and inorganic specialty chemicals, gases, and developmental processes and technologies. The company serves customers in numerous industries such as energy, chemicals, electronics, healthcare, metallurgy, food, and beverages. One of Air Products' main business areas is the production and sale of industrial gases such as oxygen, nitrogen, hydrogen, carbon dioxide, and noble gases. These gases have many applications, such as in the manufacturing of electronics, healthcare for the treatment of respiratory disorders, metallurgy for improving melting and welding processes, and in the food and beverage production for inertization and preservation. In addition to industrial gases, Air Products also offers gas equipment, accessories, and related services. The company has an extensive portfolio of gas equipment such as gas generators, gas compression systems, valves and regulators, storage and distribution systems, cooling and drying systems, and other products. Additionally, Air Products provides a wide range of service-oriented solutions such as gas management, bottle or tank rentals, maintenance services, and technical consulting services. Another important business area of Air Products is the production of specialty chemicals and materials such as ammonia, chlorine, monomers, polymers, acetylene, methanol, silicon wafers, pesticides, cleaning chemicals, and more. The company specializes in the development of technologies and processes for manufacturing these chemical products. With its long experience in the chemical industry and technical expertise, Air Products is able to provide its customers with customized specialty chemicals and highly efficient production technologies. One key innovation that Air Products offers its customers is hydrogen energy technology. The company develops technologies and processes for the production, distribution, and storage of hydrogen, one of the most utilized fuels of the future. Air Products collaborates closely with customers in the automotive industry and other sectors to provide integrated hydrogen infrastructures. Overall, Air Products has a strong focus on innovation and technology. The company has established a global network of technology centers and innovation labs to drive innovation in the areas of industrial gases, specialty chemicals and materials, and hydrogen energy. Air Products heavily invests in research and development to develop innovative, scalable, and sustainable solutions for its customers. The business model of Air Products is based on a diversified customer base and a global presence. The company serves customers in over 50 countries worldwide and has a strong presence in North America, Europe, Asia, and the Middle East. As mentioned earlier, Air Products serves customers in various industries, which helps minimize business risk. In summary, Air Products is a leading provider of industrial gases, specialty chemicals and materials, gas equipment, and hydrogen energy technology. The company has a diversified business model with a strong global presence and a focus on innovation and technology development. Air Products strives to offer its customers customized and integrated solutions to help them achieve their goals.

The expected revenue of Air Products and Chemicals is 12.75 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Air Products and Chemicals is 2.99 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Air Products and Chemicals is currently 22.56. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Air Products and Chemicals stock.

The price-to-sales ratio (P/S) of Air Products and Chemicals is currently 5.29. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Air Products and Chemicals stock.

The Eulerpool Quality Score for Air Products and Chemicals is 1/10.

The ISIN of Air Products and Chemicals is US0091581068. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Air Products and Chemicals is 854912. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Air Products and Chemicals is APD. The ticker symbol is used to trade Air Products and Chemicals shares on the stock exchange.

Over the past 12 months, Air Products and Chemicals paid a dividend of 7.14 USD . This corresponds to a dividend yield of about 2.36 %. For the coming 12 months, Air Products and Chemicals is expected to pay a dividend of 7.68 USD.

The current dividend yield of Air Products and Chemicals is 2.36 %.

Air Products and Chemicals pays a dividend, distributed in the months of , , , .

Air Products and Chemicals paid dividends every year for the past 37 years.

For the upcoming 12 months, dividends amounting to 7.68 USD are expected. This corresponds to a dividend yield of 2.54 %.

Air Products and Chemicals is assigned to the 'Commodities' sector.

To receive the latest dividend of Air Products and Chemicals from amounting to 1.81 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Air Products and Chemicals distributed 7.06 USD as dividends.

The dividends of Air Products and Chemicals are distributed in USD.