Air Products and Chemicals (APD) Stock Price

Air Products and Chemicals Price

NYSE·CLOSED
297.87USD+3.58 (+1.21 %)
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 2.40%. The dividend has grown at 9.1% per year over the past 19 years. Analysts set a median price target of 295.80 USD, implying 0.7% below the current price. Of 29 analysts, 16 rate the stock a buy — an overall Buy consensus. The stock trades about 29% 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
7/24/2026297.87 USD
7/23/2026294.29 USD
7/22/2026297.00 USD
7/21/2026296.39 USD
7/20/2026296.63 USD
7/17/2026295.62 USD
7/16/2026297.29 USD
7/15/2026293.69 USD
7/14/2026299.40 USD
7/13/2026303.35 USD
7/10/2026299.53 USD
7/9/2026295.85 USD
7/8/2026300.10 USD
7/7/2026305.05 USD
7/6/2026306.61 USD
7/2/2026314.19 USD
7/1/2026306.40 USD
6/30/2026293.18 USD
6/29/2026270.50 USD
6/26/2026277.79 USD
6/25/2026279.93 USD
6/24/2026278.73 USD
6/23/2026282.45 USD
6/22/2026283.50 USD
6/18/2026280.50 USD
6/17/2026281.00 USD
6/16/2026279.44 USD
6/15/2026279.99 USD
6/12/2026285.97 USD
6/11/2026278.82 USD
6/10/2026280.78 USD
6/9/2026282.98 USD
6/8/2026276.77 USD
6/5/2026286.33 USD
6/4/2026283.89 USD
6/3/2026284.48 USD
6/2/2026280.27 USD
6/1/2026276.23 USD
5/29/2026278.84 USD
5/28/2026284.07 USD
5/27/2026286.15 USD
5/26/2026288.93 USD
5/22/2026290.70 USD
5/21/2026290.42 USD
5/20/2026288.12 USD
5/19/2026291.77 USD
5/18/2026293.31 USD
5/15/2026295.38 USD
5/14/2026299.87 USD
5/13/2026306.20 USD
5/12/2026303.60 USD
5/11/2026304.50 USD
5/8/2026295.41 USD
5/7/2026294.99 USD
5/6/2026300.21 USD
5/5/2026303.93 USD
5/4/2026298.35 USD
5/1/2026301.07 USD
4/30/2026300.05 USD
4/29/2026302.50 USD
4/28/2026303.35 USD
4/27/2026302.38 USD
4/24/2026301.76 USD
4/23/2026303.65 USD
4/22/2026296.76 USD
4/21/2026294.78 USD
4/20/2026296.15 USD
4/17/2026291.81 USD
4/16/2026297.24 USD
4/15/2026295.21 USD
4/14/2026296.63 USD
4/13/2026298.65 USD
4/10/2026298.71 USD
4/9/2026297.74 USD
4/8/2026296.61 USD
4/7/2026292.39 USD
4/6/2026290.06 USD
4/2/2026293.55 USD
4/1/2026289.43 USD
3/31/2026290.49 USD
3/30/2026291.56 USD
3/27/2026292.51 USD
3/26/2026293.17 USD
3/25/2026290.09 USD
3/24/2026286.25 USD
3/23/2026277.96 USD
3/20/2026282.26 USD
3/19/2026284.15 USD
3/18/2026284.15 USD
3/17/2026286.15 USD
3/16/2026289.16 USD
3/13/2026287.98 USD
3/12/2026293.22 USD
3/11/2026277.69 USD
3/10/2026275.12 USD
3/9/2026274.40 USD
3/6/2026272.18 USD
3/5/2026276.35 USD
3/4/2026274.20 USD
3/3/2026273.04 USD
3/2/2026276.43 USD
2/27/2026275.67 USD
2/26/2026276.23 USD
2/25/2026280.30 USD
2/24/2026279.47 USD
2/23/2026283.25 USD
2/20/2026281.18 USD
2/19/2026280.72 USD
2/18/2026282.39 USD
2/17/2026277.69 USD
2/13/2026279.74 USD
2/12/2026286.01 USD
2/11/2026290.00 USD
2/10/2026290.77 USD
2/9/2026286.37 USD
2/6/2026283.12 USD
2/5/2026283.50 USD
2/4/2026286.59 USD
2/3/2026277.96 USD
2/2/2026270.99 USD
1/30/2026272.50 USD
1/29/2026259.83 USD
1/28/2026255.89 USD
1/27/2026259.12 USD
1/26/2026262.62 USD
1/23/2026261.35 USD
1/22/2026264.05 USD
1/21/2026263.11 USD
1/20/2026258.19 USD
1/16/2026266.52 USD
1/15/2026265.98 USD
1/14/2026267.25 USD
1/13/2026266.18 USD
1/12/2026267.04 USD
1/9/2026263.72 USD
1/8/2026261.22 USD
1/7/2026261.87 USD
1/6/2026258.36 USD
1/5/2026253.84 USD
1/2/2026250.47 USD
12/31/2025247.02 USD
12/30/2025248.82 USD
12/29/2025247.85 USD
12/26/2025247.42 USD
12/24/2025245.84 USD
12/23/2025244.77 USD
12/22/2025244.78 USD
12/19/2025239.96 USD
12/18/2025243.75 USD
12/17/2025246.01 USD
12/16/2025242.25 USD
12/15/2025245.01 USD
12/12/2025243.00 USD
12/11/2025243.73 USD
12/10/2025236.73 USD
12/9/2025230.48 USD
12/8/2025236.70 USD
12/5/2025260.69 USD
12/4/2025261.62 USD
12/3/2025260.35 USD
12/2/2025256.77 USD
12/1/2025260.86 USD
11/28/2025261.05 USD
11/26/2025258.96 USD
11/25/2025258.93 USD
11/24/2025256.58 USD
11/21/2025257.37 USD
11/20/2025251.09 USD
11/19/2025251.94 USD
11/18/2025252.16 USD
11/17/2025253.09 USD
11/14/2025259.34 USD
11/13/2025263.03 USD
11/12/2025261.01 USD
11/11/2025262.34 USD
11/10/2025258.76 USD
11/7/2025259.74 USD
11/6/2025258.79 USD
11/5/2025237.56 USD
11/4/2025240.77 USD
11/3/2025239.36 USD
10/31/2025242.59 USD
10/30/2025244.66 USD
10/29/2025248.34 USD
10/28/2025254.43 USD
10/27/2025255.76 USD
10/24/2025254.92 USD
10/23/2025254.93 USD
10/22/2025253.15 USD
10/21/2025254.71 USD
10/20/2025254.21 USD
10/17/2025252.41 USD
10/16/2025253.18 USD
10/15/2025257.41 USD
10/14/2025262.00 USD
10/13/2025260.86 USD
10/10/2025258.23 USD
10/9/2025262.71 USD
10/8/2025268.58 USD
10/7/2025270.89 USD
10/6/2025270.95 USD
10/3/2025270.91 USD
10/2/2025270.60 USD
10/1/2025268.70 USD
9/30/2025272.91 USD
9/29/2025270.48 USD
9/28/2025270.48 USD
9/25/2025266.78 USD
9/24/2025265.78 USD
9/23/2025276.58 USD
9/22/2025287.49 USD
9/19/2025290.16 USD
9/18/2025292.45 USD
9/17/2025290.63 USD
9/16/2025284.95 USD
9/15/2025289.52 USD
9/12/2025293.42 USD
9/11/2025294.52 USD
9/10/2025287.50 USD
9/9/2025287.14 USD
9/8/2025288.91 USD
9/5/2025289.27 USD
9/4/2025289.97 USD
9/3/2025291.28 USD
9/2/2025292.19 USD
8/29/2025292.94 USD
8/28/2025295.02 USD
8/27/2025294.59 USD
8/26/2025293.97 USD
8/25/2025294.17 USD
8/22/2025299.30 USD
8/21/2025293.52 USD
8/20/2025292.37 USD
8/19/2025290.22 USD
8/18/2025288.14 USD
8/15/2025291.05 USD
8/14/2025292.17 USD
8/13/2025294.21 USD
8/12/2025289.27 USD
8/11/2025283.95 USD
8/8/2025289.89 USD
8/7/2025288.56 USD
8/6/2025289.05 USD
8/5/2025292.21 USD
8/4/2025287.48 USD
7/31/2025281.75 USD
7/30/2025287.88 USD
7/29/2025290.13 USD
7/28/2025295.19 USD
7/27/2025295.56 USD
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Air Products and Chemicals Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
8.86 B USD
2.35 B USD
1.89 B USD
Jan 1, 2021
10.32 B USD
2.42 B USD
2.10 B USD
Jan 1, 2022
12.70 B USD
2.47 B USD
2.26 B USD
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)
12.78 B USD
3.29 B USD
2.95 B USD
Jan 1, 2027 (e)
13.56 B USD
3.56 B USD
3.18 B USD

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

Last updated Jul 25, 2026, 9:35 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201220132014201520162017201820192020202120222023202420252026e2027e
9.6110.1810.447.827.508.198.938.928.8610.3212.7012.6012.1012.0412.7813.56
-4.675.922.54-25.05-4.109.129.08-0.13-0.7016.5723.01-0.77-3.97-0.526.186.06
26.6326.6026.9128.4531.0029.7330.6833.0033.8530.3826.4629.9032.4931.4131.4131.41
2.562.712.812.232.332.432.742.943.003.143.363.773.933.784.014.26
1.281.321.341.231.641.442.102.282.352.422.472.674.68-0.883.293.56
13.3413.0112.8315.7621.9117.5923.4725.5826.4923.4719.4221.2138.71-7.2925.7526.23
1.170.990.991.280.633.001.501.761.892.102.262.303.83-0.392.953.18
-4.66-14.82-0.3028.86-50.59375.44-50.1017.577.1611.297.481.9566.43-110.29-847.468.01
2.564.974.623.244.303.804.404.645.366.006.487.005.317.147.207.68
10.3494.14-7.04-29.8732.72-11.6315.795.4515.5211.948.008.02-24.1434.460.846.67
212.60214.30216.60217.60219.70220.40221.00222.20222.60222.60222.60222.80222.90222.90222.90222.90
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.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
33.85 %
26.50 %
21.30 %
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 %
25.75 %
23.04 %
Jan 1, 2027 (e)
31.41 %
26.23 %
23.47 %

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.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
39.79 USD
10.54 USD
8.48 USD
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)
57.39 USD
14.76 USD
13.22 USD
Jan 1, 2027 (e)
60.87 USD
15.95 USD
14.29 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 Segments

Air Products and Chemicals Revenue by Segment

  • 3 Years

  • 5 Years

  • 10 Years

  • 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

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

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
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Jan 1, 2025
5.41 B USD
4.69 B USD
0.00 USD
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0.00 USD
1.93 B USD
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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.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
222.60 M 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

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—2×
Jan 2, 20261.79USD 0.0%1/2
Apr 1, 20261.81USD↑ 1.1%2/2
20257.14USD↑ 34.5%4×
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%3×
20237.00USD↑ 8.0%4×
20226.48USD↑ 8.0%4×
20216.00USD↑ 11.9%4×
20205.36USD↑ 15.5%4×
20194.64USD↑ 5.5%4×
20184.40USD↑ 15.8%4×
20173.80USD↓ 11.6%4×

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.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2020
5.36 USD
0.00 USD
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

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.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
63.24 %
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)
54.45 %
Jan 1, 2027 (e)
53.74 %

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

Analyst Price Targets 2026
Δ MOM Price Target
1.69 %
Buy55.17 % (16)
Hold44.83 % (13)
Sell0.00 % (0)
12M Price Target
295.80
Last Price
294.29
Currency
USD
12M Return Potential
0.51 %
LTM Return
0 %

Air Products and Chemicals Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
7/29/20263.37USD3.23 BUSD2026 Q3
4/29/20263.09USD3.10 BUSD2026 Q2
2/4/20263.08USD3.08 BUSD2026 Q1
1/30/20263.08USD3.08 BUSD2026 Q1
5/7/20243.19USD3.39 BUSD2024 Q2
1/31/20243.04USD3.24 BUSD2024 Q1
8/2/20232.91USD3.30 BUSD2023 Q3
5/3/20232.69USD3.18 BUSD2023 Q2
2/2/20232.73USD3.30 BUSD2023 Q1
11/3/20222.79USD3.27 BUSD2022 Q4
...

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
9.71998%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
5.80241%
State Farm Insurance Companies
State Farm Insurance Companies
5.16154%
Capital Research Global Investors
Capital Research Global Investors
4.84629%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
4.24469%
State Street Investment Management (US)
State Street Investment Management (US)
3.96111%
Dodge & Cox
Dodge & Cox
...

Air Products and Chemicals Executives and Management Board

MS

Ms. Melissa Schaeffer

(45)

Chief Financial Officer, Senior Vice President

Compensation4.45 M USD
EM

Mr. Edward Monser

(74)

Lead Independent Director

Compensation350,000.00 USD
LD

Ms. Lisa Davis

(61)

Independent Director

Compensation310,000.00 USD
CC

Mr. Charles Cogut

(76)

Independent Director

Compensation305,353.00 USD
WS

Mr. Wayne Smith

(63)

Independent Chairman of the Board

Compensation300,000.00 USD

Air Products and Chemicals Supply Chain

Air Products and Chemicals Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Name1M3M6M1Y2YTrend
1
Taiwan Semiconductor Manufacturing Company Limited
-0.14
-0.33
-0.32
-0.19
0.70
2
Eastman Chemical
0.62
0.36
0.76
0.20
0.70
3
Huntsman
-0.34
-0.04
0.43
0.08
0.66
4
Chart Industries
Supplier
-0.36
-0.91
-0.80
-0.18
0.62
5
Vanguard International Semiconductor Corporation
-0.47
-0.86
-0.80
-0.34
0.62
#Name1M3M6M1Y2YTrend
1
Chiyoda Corporation
—
—
—
—
—
2
Xebec Adsorption
Supplier
0.55
0.87
0.73
—
—
3
Xebec Adsorption Inc.
Supplier
0.51
0.89
0.77
—
—
4
Genesis Photonics Inc.
0.49
0.67
0.09
0.49
—
5
Jinko Power Technology A
Supplier
-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.

All fundamentals and in-depth analysis of Air Products and Chemicals

Our stock analysis for Air Products and Chemicals stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Air Products and Chemicals. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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