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Air Products and Chemicals Inc Stock Research

APD

273.83USD+1.71(+0.63%)Market Closed

Market Summary

USD273.83+1.71
Market Closed
0.63%

APD Stock Price

APD RSI Chart

APD Valuation

Market Cap

60.8B

Price/Earnings (Trailing)

27.95

Price/Sales (Trailing)

4.63

EV/EBITDA

15.92

Price/Free Cashflow

-551.13

APD Price/Sales (Trailing)

APD Profitability

EBT Margin

21.83%

Return on Equity

16.27%

Return on Assets

8.02%

Free Cashflow Yield

-0.18%

APD Fundamentals

APD Revenue

Revenue (TTM)

13.1B

Revenue Y/Y

8.66%

Revenue Q/Q

0.8%

APD Earnings

Earnings (TTM)

2.2B

Earnings Y/Y

-17.1%

Earnings Q/Q

-23.14%

Price Action

52 Week Range

217.35327.93
(Low)(High)

Last 7 days

-1.2%

Last 30 days

-6.1%

Last 90 days

-3.1%

Trailing 12 Months

16.7%

APD Financial Health

Current Ratio

1.93

Debt/Equity

0.49

Debt/Cashflow

0.45

APD Investor Care

Dividend Yield

2.41%

Dividend/Share (TTM)

6.61

Shares Dilution (1Y)

0.14%

Diluted EPS (TTM)

9.78

Peers (Alternatives to Air Products and Chemicals)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
171.0B
33.3B
5.41% 11.33%
38.09
5.13
4.99% 11.67%
60.8B
13.1B
-6.15% 16.69%
27.95
4.63
15.36% -2.58%
23.9B
8.8B
16.03% -13.15%
6.51
2.73
141.91% 1206.08%
15.7B
5.8B
-14.88% -14.64%
21.26
2.7
11.45% -4.90%
MID-CAP
10.0B
10.3B
0.98% -22.40%
12.61
0.94
-4.67% -15.40%
6.5B
8.8B
-8.48% -19.97%
6.01
0.75
-7.34% -24.77%
4.5B
7.6B
-2.62% -27.97%
11.24
0.6
-11.52% -66.83%
4.3B
6.6B
1.60% -31.13%
8.7
0.65
-1.62% -34.54%
2.4B
-
1.27% 44.25%
215.39
2.37
- -
1.8B
3.2B
-9.18% -34.62%
3.57
0.56
-12.31% 75.61%
SMALL-CAP
1.9B
2.2B
2.09% -10.86%
16.19
0.87
11.83% -31.82%
1.5B
883.7M
4.65% -51.86%
7.58
1.85
34.48% 62.20%
994.5M
1.8B
-4.07% -53.48%
31.27
0.55
-11.96% -78.91%
391.0M
2.1B
-15.72% -71.22%
7.42
0.18
-12.47% -66.60%
31.4M
2.2B
-31.99% -85.07%
-0.17
0.01
-1.76% -144.59%

Financials for Air Products and Chemicals

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue2.0%13,13412,87912,69911,97011,385
  S&GA Expenses2.7%926902901879875
  R&D Expenses3.4%10810410398.0096.00
EBITDA1.4%4,2784,2214,2034,109-
EBITDA Margin-0.1%0.33*0.33*0.35*0.36*-
Earnings Before Taxes-3.2%2,7232,8122,7552,7362,641
EBT Margin0.6%0.22*0.22*0.23*0.23*-
Interest Expenses6.2%147139128129132
Net Income-4.0%2,1772,2682,2562,2832,235
Net Income Margin-0.9%0.18*0.18*0.19*0.20*-
Free Cahsflow-96.8%8.00244284390-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets4.1%29,43528,27827,19327,48927,450
  Current Assets-9.5%5,7226,3216,2836,3676,249
    Cash Equivalents-28.4%2,2423,1312,7112,9572,349
  Inventory1.6%646635514514508
  Net PPE4.4%15,69815,03914,16114,13214,095
  Goodwill0.9%884876823867913
Liabilities7.2%14,74513,76113,49013,27312,939
  Current Liabilities-14.6%2,7983,2773,4663,4073,205
.    Short Term Borrowings218.2%7.002.0011.00207207
  Long Term Debt21.0%8,2726,8346,4346,3486,462
Shareholder's Equity5.4%14,69013,93613,14413,64414,511
  Retained Earnings0.3%16,78116,73116,52016,29816,076
  Additional Paid-In Capital1.3%1,1631,1481,1411,1311,121
Accumulated Depreciation2.2%15,05314,73314,00014,21714,625
Shares Outstanding0.1%222222222--
Minority Interest8.6%632582558572556
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations3.8%3,2243,1053,1713,0403,060
  Share Based Compensation9.4%53.0049.0048.0047.0048.00
Cashflow From Investing-54.4%-3,697-2,394-3,857-3,259-4,785
Cashflow From Financing177.5%388-501-1,000-1,029-1,703
  Dividend Payments1.9%1,4381,4111,3831,3561,329

Risks for APD

What is the probability of a big loss on APD?

37.7%


Probability that Air Products and Chemicals stock will be more than 20% underwater in next one year

0%


Probability that Air Products and Chemicals stock will be more than 30% underwater in next one year.

0%


Probability that Air Products and Chemicals stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does APD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Air Products and Chemicals was unfortunately bought at previous high price.

Drawdowns

Returns for APD

Cumulative Returns on APD

14.8%


10-Year Cumulative Returns

13.4%


7-Year Cumulative Returns

12.9%


5-Year Cumulative Returns

7.1%


3-Year Cumulative Returns

What are the long-term rolling returns for APD?

FIve years rolling returns for Air Products and Chemicals.

Annualized Returns

Which funds bought or sold APD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-24
Old North State Trust, LLC
added
1.72
-5,000
102,000
0.07%
2023-05-24
Verity Asset Management, Inc.
unchanged
-
-16,083
219,428
0.13%
2023-05-23
Front Row Advisors LLC
unchanged
-
-
10,000
-%
2023-05-23
3Chopt Investment Partners, LLC
new
-
384,028
384,028
0.20%
2023-05-23
Toroso Investments, LLC
added
101
4,632,000
9,926,000
0.17%
2023-05-23
Brookfield Corp /ON/
new
-
9,974,800
9,974,800
0.04%
2023-05-22
Arete Wealth Advisors, LLC
reduced
-0.28
-773,537,000
720,000
0.06%
2023-05-22
PUTNAM INVESTMENTS LLC
added
3.19
-9,302
232,066
-%
2023-05-22
Westover Capital Advisors, LLC
reduced
-1.69
-125,980
1,374,010
0.51%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
10,618,000
0.46%

1–10 of 46

Latest Funds Activity

Are funds buying APD calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own APD
No. of Funds

Air Products and Chemicals News

MarketBeat
Q4 2023 EPS Estimates for Air Products and Chemicals, Inc ....
MarketBeat,
15 hours ago
StreetInsider.com
Form 497 GUGGENHEIM DEFINED PORTF.
StreetInsider.com,
3 days ago
Best Stocks
Stockhouse Publishing
Beaumont Enterprise

Schedule 13G FIlings of Air Products and Chemicals

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
9.35%
20,763,782
SC 13G/A
Feb 01, 2023
blackrock inc.
6.5%
14,490,015
SC 13G/A
Jan 31, 2023
state farm mutual automobile insurance co
3.19%
7,076,281
SC 13G/A
Mar 11, 2022
blackrock inc.
6.4%
14,296,280
SC 13G/A
Feb 09, 2022
vanguard group inc
8.86%
19,637,915
SC 13G/A
Feb 08, 2022
blackrock inc.
6.4%
14,296,280
SC 13G
Feb 02, 2022
state farm mutual automobile insurance co
3.19%
7,076,781
SC 13G/A
Feb 10, 2021
vanguard group inc
8.64%
19,101,414
SC 13G/A
Feb 09, 2021
state farm mutual automobile insurance co
3.20%
7,076,927
SC 13G/A
Jan 29, 2021
blackrock inc.
7.3%
16,162,103
SC 13G/A

APD Fair Value

Air Products and Chemicals fair value in different scenarios

The table shows the Fair Value estimates for Air Products and Chemicals for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

156.13

-42.98%

216.11

-21.08%

293.76

7.28%

368.53

34.58%

495.60

80.99%
Current Inflation

136.57

-50.13%

162.49

-40.66%

240.32

-12.24%

299.58

9.40%

362.51

32.39%
Very High Inflation

130.31

-52.41%

171.33

-37.43%

222.07

-18.90%

269.87

-1.45%

353.09

28.94%

Historical Air Products and Chemicals Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Air Products and Chemicals

View All Filings
Date Filed Form Type Document
May 22, 2023
8-K
Current Report
May 18, 2023
8-K
Current Report
May 09, 2023
10-Q
Quarterly Report
May 09, 2023
8-K
Current Report
Apr 03, 2023
4
Insider Trading
Apr 03, 2023
4
Insider Trading
Apr 03, 2023
4
Insider Trading
Apr 03, 2023
4
Insider Trading
Apr 03, 2023
4
Insider Trading
Apr 03, 2023
4
Insider Trading

Latest Insider Trading transactions for APD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-20
Major Sean D
sold
-151,803
312
-485
executive vp & general counsel
2022-12-05
Major Sean D
sold (taxes)
-285,690
315
-905
executive vp & general counsel
2022-12-05
Serhan Samir
sold (taxes)
-586,533
315
-1,858
executive vp and coo
2022-12-05
Schaeffer Melissa N.
sold (taxes)
-30,305
315
-96.00
senior vice president and cfo
2022-12-05
Kutz Jeffrey
sold (taxes)
-14,837
315
-47.00
vp, controller & pao
2022-12-05
Ghasemi Seifi
sold (taxes)
-4,137,300
315
-13,106
chairman, pres. and ceo
2022-12-02
Ghasemi Seifi
sold (taxes)
-622,422
315
-1,974
chairman, pres. and ceo
2022-12-02
Ghasemi Seifi
acquired
-
-
3,785
chairman, pres. and ceo
2022-12-02
Major Sean D
sold (taxes)
-60,224
315
-191
executive vp & general counsel
2022-12-02
Serhan Samir
acquired
-
-
643
executive vp and coo

1–10 of 50

Seifollah Ghasemi
20900
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas; specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including refining, chemical, gasification, metals, manufacturing, food and beverage, electronics, magnetic resonance imaging, energy production and refining, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. Air Products and Chemicals, Inc. has a strategic collaboration with Baker Hughes Company to develop hydrogen compression systems. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.

APD Income Statement

2023-03-31
Consolidated Income Statements (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Sales$ 3,200.1$ 2,945.1$ 6,374.8$ 5,939.3
Cost of sales2,282.82,151.64,555.14,375.2
Selling and administrative expense251.2227.0485.6459.8
Research and development expense27.223.751.647.0
Business and asset actions185.60.0185.60.0
Other income (expense), net6.519.114.927.6
Operating Income459.8561.91,111.81,084.9
Equity affiliates' income165.9120.8275.9268.6
Interest expense40.932.382.162.8
Other non-operating income (expense), net(13.9)9.1(14.5)31.7
Income Before Taxes570.9659.51,291.11,322.4
Income tax provision121.0122.7257.4236.0
Net Income449.9536.81,033.71,086.4
Less: Net income (loss) attributable to noncontrolling interests10.16.321.7(4.5)
Net Income Attributable to Air Products$ 439.8$ 530.5$ 1,012.0$ 1,090.9
Per Share Data    
Basic earnings per share attributable to Air Products$ 1.98$ 2.39$ 4.55$ 4.91
Basic earnings per share attributable to Air Products$ 1.97$ 2.38$ 4.54$ 4.90
Weighted Average Common Shares (in millions)    
Basic (in shares)222.3222.0222.3222.0
Diluted (in shares)222.7222.5222.7222.5

APD Balance Sheet

2023-03-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Sep. 30, 2022
Current Assets  
Cash and cash items$ 2,242.4$ 2,711.0
Short-term investments271.3590.7
Trade receivables, net1,714.71,794.4
Inventories645.6514.2
Prepaid expenses224.7156.8
Other receivables and current assets622.9515.8
Total Current Assets5,721.66,282.9
Investment in net assets of and advances to equity affiliates4,420.23,353.8
Plant and equipment, at cost30,751.828,160.1
Less: accumulated depreciation15,053.413,999.6
Plant and equipment, net15,698.414,160.5
Goodwill, net883.9823.0
Intangible assets, net367.2347.5
Operating lease right-of-use assets, net766.9694.8
Noncurrent lease receivables561.7583.1
Other noncurrent assets1,015.5947.0
Total Noncurrent Assets23,713.820,909.7
Total Assets29,435.427,192.6
Current Liabilities  
Payables and accrued liabilities2,489.32,771.6
Accrued income taxes128.2135.2
Short-term borrowings7.010.7
Current portion of long-term debt173.4548.3
Total Current Liabilities2,797.93,465.8
Long-term debt8,271.96,433.8
Long-term debt – related party688.6652.0
Noncurrent operating lease liabilities632.3592.1
Other noncurrent liabilities1,096.31,099.1
Deferred income taxes1,258.21,247.4
Total Noncurrent Liabilities11,947.310,024.4
Total Liabilities14,745.213,490.2
Commitments and Contingencies - See Note 13
Air Products Shareholders’ Equity  
Common stock (par value $1 per share; issued 2023 and 2022 - 249,455,584 shares)249.4249.4
Capital in excess of par value1,163.41,141.4
Retained earnings16,781.316,520.3
Accumulated other comprehensive loss(2,163.3)(2,786.1)
Treasury stock, at cost (2023 - 27,332,865 shares; 2022 - 27,616,888 shares)(1,972.5)(1,981.0)
Total Air Products Shareholders’ Equity14,058.313,144.0
Noncontrolling Interests631.9558.4
Total Equity14,690.213,702.4
Total Liabilities and Equity$ 29,435.4$ 27,192.6