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.
Company profile
Ticker
APD
Exchange
Website
CEO
Mr. Seifollah Ghasemi
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AIR PRODUCTS & CHEMICALS INC /DE/
SEC CIK
Corporate docs
Subsidiaries
Registrant -- Air Products and Chemicals, Inc. • All companies are incorporated • 7001 Hamilton Properties, LLC • Air Products Advanced Materials LLC • Air Products Ammonia Distribution, LLC • Air Products Ammonia Holdings, LLC • Air Products Asia, Inc. • Air Products Blue Energy LLC • Air Products Caribbean Holdings, Inc. • Air Products China, Inc. ...
IRS number
231274455
APD stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Air Products Completes $1.81 Billion Sale of Liquefied Natural Gas
30 Sep 24
10-Q
2024 Q3
Quarterly report
1 Aug 24
8-K
Air Products Reports Fiscal 2024 Third Quarter GAAP EPS of $3.13 and Adjusted EPS of $3.20
1 Aug 24
8-K
Departure of Directors or Certain Officers
22 Jul 24
8-K
Regulation FD Disclosure
10 Jul 24
SD
Conflict minerals disclosure
31 May 24
10-Q
2024 Q2
Quarterly report
30 Apr 24
8-K
Air Products Reports Fiscal 2024 Second Quarter GAAP EPS of $2.57 and Adjusted EPS of $2.85
30 Apr 24
8-K
Entry into a Material Definitive Agreement
28 Mar 24
8-K
Other Events
8 Feb 24
Transcripts
APD
Earnings call transcript
2024 Q3
1 Aug 24
APD
Earnings call transcript
2024 Q2
30 Apr 24
APD
Earnings call transcript
2024 Q1
5 Feb 24
APD
Earnings call transcript
2023 Q4
7 Nov 23
APD
Earnings call transcript
2023 Q3
3 Aug 23
APD
Earnings call transcript
2023 Q3
3 Aug 23
APD
Earnings call transcript
2023 Q2
9 May 23
APD
Earnings call transcript
2023 Q1
2 Feb 23
APD
Earnings call transcript
2022 Q4
3 Nov 22
APD
Earnings call transcript
2022 Q3
4 Aug 22
Financial summary
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Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.38 bn | 2.38 bn | 2.38 bn | 2.38 bn | 2.38 bn | 2.38 bn |
Cash burn (monthly) | 53.10 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 199.39 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 2.18 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 41.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
87.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1647 |
Opened positions | 185 |
Closed positions | 141 |
Increased positions | 620 |
Reduced positions | 600 |
13F shares | Current |
---|---|
Total value | 48.60 tn |
Total shares | 194.26 mm |
Total puts | 1.15 mm |
Total calls | 1.17 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 21.08 mm | $5.44 tn |
BLK BlackRock | 16.77 mm | $4.33 tn |
Capital Research Global Investors | 14.93 mm | $3.85 tn |
State Farm Mutual Automobile Insurance | 12.30 mm | $3.17 tn |
STT State Street | 9.98 mm | $2.58 tn |
JPM JPMorgan Chase & Co. | 6.49 mm | $1.67 tn |
BAC Bank of America | 5.62 mm | $1.45 tn |
Geode Capital Management | 4.79 mm | $1.23 tn |
BEN Franklin Resources | 4.40 mm | $1.13 tn |
MS Morgan Stanley | 3.68 mm | $950.40 bn |
News
JP Morgan Maintains Overweight on Air Products & Chemicals, Raises Price Target to $350
18 Oct 24
Here's How Much You Would Have Made Owning Air Products & Chemicals Stock In The Last 20 Years
17 Oct 24
UBS Maintains Neutral on Air Products & Chemicals, Raises Price Target to $345
15 Oct 24
Wells Fargo Maintains Equal-Weight on Air Products & Chemicals, Raises Price Target to $330
11 Oct 24
Mizuho Maintains Outperform on Air Products & Chemicals, Raises Price Target to $360
9 Oct 24
Press releases
Air Products to Broadcast Fiscal Fourth Quarter Earnings Teleconference on November 7, 2024
14 Oct 24
The D. E. Shaw Group Calls for Air Products and Chemicals to Address Longstanding Underperformance
10 Oct 24
Air Products Completes $1.81 Billion Sale of Liquefied Natural Gas Process Technology and Equipment Business to Honeywell
30 Sep 24
Air Products and Tatung Forever Energy Sign Power Purchase Agreement for Solar Electricity in Taiwan
28 Aug 24
Air Products Publishes 2024 Sustainability Report - "Generating a Cleaner Future"
8 Aug 24