Stock APD AIR PRODUCTS & CHEMICALS, INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Air Products & Chemicals, Inc.

Equities

APD

US0091581068

Commodity Chemicals

Market Closed - Nyse
Other stock markets
 04:00:02 2024-04-26 pm EDT 		5-day change 1st Jan Change
236.1 USD +0.43% Intraday chart for Air Products & Chemicals, Inc. +1.92% -13.78%
Apr. 23 Sector Update: Energy Stocks Rise in Late Tuesday Afternoon Trading MT
Apr. 23 Air Products and Chemicals Plans Hydrogen Refueling Stations Network in Canada MT

Valuation

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 48,888 65,796 56,694 51,619 62,957 52,481 - -
Enterprise Value (EV) 1 49,799 68,450 58,530 55,962 71,314 63,835 66,678 68,095
P/E ratio 27.9 x 34.8 x 28.1 x 23.1 x 27.5 x 18.7 x 17.3 x 15.3 x
Yield 2.06% 1.74% 2.28% 2.73% 2.42% 3% 3.15% 3.32%
Capitalization / Revenue 5.48 x 7.43 x 5.49 x 4.06 x 5 x 4.15 x 3.86 x 3.52 x
EV / Revenue 5.58 x 7.73 x 5.67 x 4.41 x 5.66 x 5.04 x 4.91 x 4.57 x
EV / EBITDA 14.4 x 18.9 x 15.1 x 13.2 x 15.2 x 12.5 x 12 x 11.2 x
EV / FCF 50.8 x 90.6 x 67.2 x 229 x -50.2 x -54 x -89.3 x -331 x
FCF Yield 1.97% 1.1% 1.49% 0.44% -1.99% -1.85% -1.12% -0.3%
Price to Book 4.42 x 5.45 x 4.19 x 3.93 x 4.41 x 3.37 x 3.1 x 2.85 x
Nbr of stocks (in thousands) 220,355 220,894 221,365 221,799 222,149 222,301 - -
Reference price 2 221.9 297.9 256.1 232.7 283.4 236.1 236.1 236.1
Announcement Date 11/7/19 11/11/20 11/4/21 11/3/22 11/7/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,919 8,856 10,323 12,699 12,600 12,655 13,584 14,907
EBITDA 1 3,468 3,620 3,883 4,247 4,702 5,094 5,566 6,089
EBIT 1 2,170 2,204 2,268 2,412 2,739 3,018 3,375 3,834
Operating Margin 24.33% 24.88% 21.97% 19% 21.74% 23.85% 24.85% 25.72%
Earnings before Tax (EBT) 1 2,290 2,424 2,507 2,755 2,882 3,486 3,833 4,282
Net income 1 1,760 1,901 2,029 2,244 2,293 2,793 3,054 3,443
Net margin 19.73% 21.46% 19.65% 17.67% 18.2% 22.07% 22.48% 23.1%
EPS 2 7.940 8.550 9.120 10.08 10.30 12.60 13.68 15.38
Free Cash Flow 1 980.2 755.7 871 244 -1,421 -1,182 -746.9 -206
FCF margin 10.99% 8.53% 8.44% 1.92% -11.28% -9.34% -5.5% -1.38%
FCF Conversion (EBITDA) 28.26% 20.88% 22.43% 5.75% - - - -
FCF Conversion (Net income) 55.69% 39.75% 42.93% 10.88% - - - -
Dividend per Share 2 4.580 5.180 5.840 6.360 6.870 7.083 7.431 7.828
Announcement Date 11/7/19 11/11/20 11/4/21 11/3/22 11/7/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 2,841 2,994 2,945 3,189 3,570 3,175 3,200 3,034 3,191 2,997 3,058 3,172 3,383 3,247 3,263
EBITDA 1 1,041 1,003 1,019 1,081 1,145 1,084 1,151 1,208 1,259 1,174 1,172 1,340 1,400 1,360 1,356
EBIT 1 616.7 523 561.9 627.4 700.2 652 645.4 644.2 738.6 666.9 655.4 792.4 857.7 798 814.2
Operating Margin 21.71% 17.47% 19.08% 19.67% 19.61% 20.54% 20.17% 21.23% 23.14% 22.25% 21.44% 24.98% 25.35% 24.58% 24.95%
Earnings before Tax (EBT) 1 692.3 662.9 659.5 721.3 711 720.2 570.9 750.1 841.2 757 757.6 932.2 975.2 863 902.2
Net income 1 558.6 560.4 530.5 582.1 570.5 572.2 439.8 595.6 685.2 609.3 606.9 737.7 790.3 711.4 723
Net margin 19.66% 18.72% 18.01% 18.25% 15.98% 18.02% 13.74% 19.63% 21.47% 20.33% 19.85% 23.26% 23.36% 21.91% 22.16%
EPS 2 2.510 2.520 2.380 2.620 2.560 2.570 1.970 2.670 3.080 2.730 2.708 3.338 3.559 3.178 3.229
Dividend per Share 2 1.500 1.500 1.620 1.620 1.620 1.620 1.750 1.750 1.620 1.750 1.764 1.786 1.787 1.828 1.831
Announcement Date 11/4/21 2/4/22 5/5/22 8/4/22 11/3/22 2/2/23 5/9/23 8/3/23 11/7/23 2/5/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 911 2,655 1,836 4,343 8,357 11,354 14,197 15,614
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.2628 x 0.7334 x 0.4729 x 1.023 x 1.777 x 2.229 x 2.551 x 2.564 x
Free Cash Flow 1 980 756 871 244 -1,421 -1,182 -747 -206
ROE (net income / shareholders' equity) 16.1% 16.4% 15.8% 17.4% 18.7% 18% 18% 18.2%
ROA (Net income/ Total Assets) 9.23% 8.44% 7.8% 8.3% 8.66% 7.96% 7.73% 7.74%
Assets 1 19,068 22,519 26,014 27,027 26,478 35,109 39,498 44,480
Book Value Per Share 2 50.20 54.70 61.10 59.20 64.30 70.20 76.10 82.90
Cash Flow per Share 2 13.40 14.70 15.00 14.20 14.40 18.20 21.50 25.40
Capex 1 1,990 2,509 2,464 2,927 4,626 5,305 5,189 4,576
Capex / Sales 22.31% 28.33% 23.87% 23.05% 36.72% 41.92% 38.2% 30.7%
Announcement Date 11/7/19 11/11/20 11/4/21 11/3/22 11/7/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Air Products & Chemicals, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
25
Last Close Price
236.1 USD
Average target price
269.6 USD
Spread / Average Target
+14.19%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Industrial Gas

1st Jan change Capi.
AIR PRODUCTS & CHEMICALS, INC. Stock Air Products & Chemicals, Inc.
-13.78% 52.48B
LINDE PLC Stock Linde plc
+7.91% 213B
NIPPON SANSO HOLDINGS CORPORATION Stock Nippon Sanso Holdings Corporation
+20.42% 12.5B
LINDE INDIA LIMITED Stock Linde India Limited
+48.18% 8.54B
HANGZHOU OXYGEN PLANT GROUP CO.,LTD. Stock Hangzhou Oxygen Plant Group Co.,Ltd.
-1.75% 3.9B
AIR WATER INC. Stock Air Water Inc.
+21.44% 3.39B
SOL S.P.A. Stock SOL S.p.A.
+25.90% 3.39B
SICHUAN QIAOYUAN GAS CO.,LTD. Stock Sichuan Qiaoyuan Gas Co.,Ltd.
+6.68% 1.71B
JIANGSU NATA OPTO-ELECTRONIC MATERIAL CO., LTD. Stock Jiangsu Nata Opto-electronic Material Co., Ltd.
-9.74% 1.87B
JINHONG GAS CO.,LTD. Stock Jinhong Gas Co.,Ltd.
-22.62% 1.23B
Industrial Gas
  1. Stock Market
  2. Equities
  3. APD Stock
  4. Financials Air Products & Chemicals, Inc.