Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. More Details
Established dividend payer with adequate balance sheet.
Share Price & News
How has Air Products and Chemicals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: APD's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: APD underperformed the US Chemicals industry which returned 68.3% over the past year.
Return vs Market: APD underperformed the US Market which returned 50.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Air Products and Chemicals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StKey Things To Watch Out For If You Are After Air Products and Chemicals, Inc.'s (NYSE:APD) 2.1% Dividend
1 month ago | Simply Wall StIncome Investors Should Know That Air Products and Chemicals, Inc. (NYSE:APD) Goes Ex-Dividend Soon
Is Air Products and Chemicals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: APD ($301.05) is trading above our estimate of fair value ($193.35)
Significantly Below Fair Value: APD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: APD is poor value based on its PE Ratio (35.5x) compared to the US Chemicals industry average (27.6x).
PE vs Market: APD is poor value based on its PE Ratio (35.5x) compared to the US market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: APD is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: APD is overvalued based on its PB Ratio (5.2x) compared to the US Chemicals industry average (2.8x).
How is Air Products and Chemicals forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APD's forecast earnings growth (14.7% per year) is above the savings rate (2%).
Earnings vs Market: APD's earnings (14.7% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: APD's earnings are forecast to grow, but not significantly.
Revenue vs Market: APD's revenue (9.3% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: APD's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APD's Return on Equity is forecast to be low in 3 years time (18.3%).
How has Air Products and Chemicals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APD has high quality earnings.
Growing Profit Margin: APD's current net profit margins (20.3%) are lower than last year (21.8%).
Past Earnings Growth Analysis
Earnings Trend: APD's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: APD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: APD had negative earnings growth (-4.1%) over the past year, making it difficult to compare to the Chemicals industry average (1.6%).
Return on Equity
High ROE: APD's Return on Equity (14.5%) is considered low.
How is Air Products and Chemicals's financial position?
Financial Position Analysis
Short Term Liabilities: APD's short term assets ($8.8B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: APD's short term assets ($8.8B) do not cover its long term liabilities ($10.0B).
Debt to Equity History and Analysis
Debt Level: APD's debt to equity ratio (58%) is considered high.
Reducing Debt: APD's debt to equity ratio has reduced from 82.5% to 58% over the past 5 years.
Debt Coverage: APD's debt is well covered by operating cash flow (47.4%).
Interest Coverage: APD's interest payments on its debt are well covered by EBIT (15.6x coverage).
What is Air Products and Chemicals's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APD's dividend (1.99%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: APD's dividend (1.99%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: APD's dividends per share have been stable in the past 10 years.
Growing Dividend: APD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.1%), APD's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: APD's dividends in 3 years are forecast to be covered by earnings (57.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Seifi Ghasemi (76 yo)
Mr. Seifollah Ghasemi, also known as Seifi, has been the Chairman, Chief Executive Officer and President of Air Products and Chemicals, Inc. since July 1, 2014. Mr. Ghasemi serves as the Chief Executive Of...
CEO Compensation Analysis
Compensation vs Market: Seifi's total compensation ($USD15.60M) is above average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Seifi's compensation has been consistent with company performance over the past year.
Experienced Management: APD's management team is considered experienced (4 years average tenure).
Experienced Board: APD's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Air Products and Chemicals, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Air Products and Chemicals, Inc.
- Ticker: APD
- Exchange: NYSE
- Founded: 1940
- Industry: Industrial Gases
- Sector: Materials
- Market Cap: US$66.627b
- Shares outstanding: 221.31m
- Website: https://www.airproducts.com
Number of Employees
- Air Products and Chemicals, Inc.
- 7201 Hamilton Boulevard
- United States
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, argon, and r...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 04:24|
|End of Day Share Price||2021/05/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.