APD
Live chart
What they do
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas. It also designs and manufactures equipment for air separation.
For information only · Important disclosures
Grades vs sector
Momentum59th percentile in sectorB-
Percentile within its GICS sector across the S&P 1500.
Growth30th percentile in sectorD+
Percentile within its GICS sector across the S&P 1500.
Value15th percentile in sectorD-
Percentile within its GICS sector across the S&P 1500.
Profitability23rd percentile in sectorD
Percentile within its GICS sector across the S&P 1500.
RevisionsNot enough data yet–
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
Our models
Not held by any of our 5 live models right now.
News
More newsKey stats
Valuation and fundamentals
Valuation & fundamentals
Discounted cash flow
Edit assumptions · recalculates instantly
Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.76 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.
Multiples vs Materials
pricier
pricier
pricier
pricier
pricier
Forward EPS $14.45 vs trailing $-0.21. Forward P/E uses analysts' next-12-month estimate.
Backlog (remaining performance obligations)
Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).
Quality & financial health
Piotroski F-score 2/9 · last two fiscal years
Altman Z-score 2.5 (grey zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.
Analysts
Annual history
| FY | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $12.0B | $-394.5M | – |
| 2024 | $12.1B | $3.8B | – |
| 2023 | $12.6B | $2.3B | – |
| 2022 | $12.7B | $2.3B | – |
| 2021 | $10.3B | $2.1B | – |
| 2020 | $8.9B | $1.9B | – |
From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -1.8%.
Earnings
| Report | EPS est | Actual | Surprise |
|---|---|---|---|
| 2026-07-30 | 3.34 | 3.47 | +3.8% |
| 2026-04-30 | 3.06 | 3.20 | +4.5% |
| 2026-01-30 | 3.04 | 3.16 | +3.9% |
| 2025-11-06 | 3.38 | 3.39 | +0.2% |
| 2025-07-31 | 2.99 | 3.09 | +3.2% |
| 2025-05-01 | 2.83 | 2.69 | -4.9% |
| 2025-02-06 | 2.84 | 2.86 | +0.7% |
| 2024-11-07 | 3.47 | 3.56 | +2.5% |
Quarterly revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 2026-06-30 | $3.2B | +4.6% |
| 2026-03-31 | $3.2B | – |
| 2025-12-31 | $3.1B | – |
| 2025-09-30 | $3.2B | – |
| 2025-06-30 | $3.0B | – |
Analyst actions
PT $346
PT $353
PT $312
PT $305
PT $329
Recent dividends
Insider trades
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Stats refreshed 2026-10-21 17:57:52 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now
Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app
Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.
Beta 0.9 · Oct 21, 2026