Air Products and Chemicals, Inc.

NYSE:APD Stock Report

Market Cap: US$65.6b

Air Products and Chemicals Past Earnings Performance

Past criteria checks 5/6

Air Products and Chemicals has been growing earnings at an average annual rate of 9.5%, while the Chemicals industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 8.7% per year. Air Products and Chemicals's return on equity is 20.8%, and it has net margins of 31.8%.

Key information

9.5%

Earnings growth rate

9.3%

EPS growth rate

Chemicals Industry Growth12.9%
Revenue growth rate8.7%
Return on equity20.8%
Net Margin31.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Air Products and Chemicals' (NYSE:APD) Earnings Might Not Be As Promising As They Seem

Nov 18
Air Products and Chemicals' (NYSE:APD) Earnings Might Not Be As Promising As They Seem

Air Products and Chemicals (NYSE:APD) Strong Profits May Be Masking Some Underlying Issues

May 07
Air Products and Chemicals (NYSE:APD) Strong Profits May Be Masking Some Underlying Issues

Recent updates

Is It Too Late To Consider Buying Air Products and Chemicals, Inc. (NYSE:APD)?

Dec 17
Is It Too Late To Consider Buying Air Products and Chemicals, Inc. (NYSE:APD)?

Air Products and Chemicals: Why This Dividend Aristocrat And Hydrogen Leader Is A Buy

Dec 16

Air Products and Chemicals' (NYSE:APD) Earnings Might Not Be As Promising As They Seem

Nov 18
Air Products and Chemicals' (NYSE:APD) Earnings Might Not Be As Promising As They Seem

Air Products And Chemicals: 2 Strategies For A Dividend Champion (Technical Analysis)

Nov 18

Are Investors Undervaluing Air Products and Chemicals, Inc. (NYSE:APD) By 35%?

Nov 10
Are Investors Undervaluing Air Products and Chemicals, Inc. (NYSE:APD) By 35%?

Air Products and Chemicals: Mixed Results Offset By Lower Capital Spending (Rating Downgrade)

Nov 08

Air Products: A Low-Risk Bet On Clean Hydrogen Future

Oct 31

Shareholders Should Be Pleased With Air Products and Chemicals, Inc.'s (NYSE:APD) Price

Oct 17
Shareholders Should Be Pleased With Air Products and Chemicals, Inc.'s (NYSE:APD) Price

Air Products and Chemicals: Scoop Up This Dividend Aristocrat Now

Oct 03

Does Air Products and Chemicals (NYSE:APD) Have A Healthy Balance Sheet?

Sep 10
Does Air Products and Chemicals (NYSE:APD) Have A Healthy Balance Sheet?

Why Air Products & Chemicals Deserves A Spot In Your Portfolio

Sep 01

Air Products and Chemicals (NYSE:APD) Ticks All The Boxes When It Comes To Earnings Growth

Aug 28
Air Products and Chemicals (NYSE:APD) Ticks All The Boxes When It Comes To Earnings Growth

Is It Time To Consider Buying Air Products and Chemicals, Inc. (NYSE:APD)?

Aug 16
Is It Time To Consider Buying Air Products and Chemicals, Inc. (NYSE:APD)?

Analysts Are Updating Their Air Products and Chemicals, Inc. (NYSE:APD) Estimates After Its Third-Quarter Results

Aug 03
Analysts Are Updating Their Air Products and Chemicals, Inc. (NYSE:APD) Estimates After Its Third-Quarter Results

Air Products and Chemicals: Upside Remains After A Better Than Feared Quarter

Aug 01

Air Products and Chemicals: Shifting To Hydrogen Is Forward-Looking But Risky

Jul 18

Returns On Capital Signal Tricky Times Ahead For Air Products and Chemicals (NYSE:APD)

Jul 11
Returns On Capital Signal Tricky Times Ahead For Air Products and Chemicals (NYSE:APD)

Air Products And Chemicals: Low Volatility And Stellar Dividend Growth

Jun 07

Air Products and Chemicals (NYSE:APD) Takes On Some Risk With Its Use Of Debt

Jun 03
Air Products and Chemicals (NYSE:APD) Takes On Some Risk With Its Use Of Debt

Air Products And Chemicals: Shares Can Rise As It Executes On Its Backlog

May 19

Air Products and Chemicals (NYSE:APD) Strong Profits May Be Masking Some Underlying Issues

May 07
Air Products and Chemicals (NYSE:APD) Strong Profits May Be Masking Some Underlying Issues

Air Products and Chemicals: Perfect Combo Of 3% Income, Growth, Great Valuation

May 01

Air Products and Chemicals, Inc.'s (NYSE:APD) Popularity With Investors Is Clear

Apr 30
Air Products and Chemicals, Inc.'s (NYSE:APD) Popularity With Investors Is Clear

Air Products And Chemicals: After Stock Decline, Is Hydrogen An Opportunity Or A Threat?

Apr 16

Air Products And Chemicals: First Mover Advantage Not Priced In

Apr 05

Air Products and Chemicals (NYSE:APD) Will Want To Turn Around Its Return Trends

Apr 04
Air Products and Chemicals (NYSE:APD) Will Want To Turn Around Its Return Trends

Air Products And Chemicals Is A Key Player In Energy Transition

Mar 16

Air Products and Chemicals (NYSE:APD) Will Pay A Larger Dividend Than Last Year At $1.77

Mar 08
Air Products and Chemicals (NYSE:APD) Will Pay A Larger Dividend Than Last Year At $1.77

Air Products and Chemicals: Betting On Tomorrow's Air, Today

Mar 05

Opportunity Knocks: Why The Air Products and Chemicals Stock Implosion May Be A Gift

Feb 06

Air Products and Chemicals (NYSE:APD) Has A Pretty Healthy Balance Sheet

Jan 31
Air Products and Chemicals (NYSE:APD) Has A Pretty Healthy Balance Sheet

We Think Some Shareholders May Hesitate To Increase Air Products and Chemicals, Inc.'s (NYSE:APD) CEO Compensation

Jan 19
We Think Some Shareholders May Hesitate To Increase Air Products and Chemicals, Inc.'s (NYSE:APD) CEO Compensation

Air Products and Chemicals: One Of My Favorite Holdings Is A Buy

Jan 12

Why Air Products and Chemicals, Inc. (NYSE:APD) Could Be Worth Watching

Jan 08
Why Air Products and Chemicals, Inc. (NYSE:APD) Could Be Worth Watching

Air Products and Chemicals: Recent Investor Concerns Make It A Top Pick For 2024

Dec 21

Undervalued Air Products and Chemicals Offers A Fantastic Mix Of Growth And Value

Dec 11

2 Dividend Aristocrats To Avoid

Dec 04

Revenue & Expenses Breakdown

How Air Products and Chemicals makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:APD Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2412,1013,8421,043100
30 Jun 2412,1042,5641,008103
31 Mar 2412,1532,4631,043105
31 Dec 2312,4232,3301,052107
30 Sep 2312,6002,2931,043106
30 Jun 2312,9792,178995112
31 Mar 2313,1342,165943108
31 Dec 2212,8792,255884104
30 Sep 2212,6992,244851103
30 Jun 2211,9702,23282598
31 Mar 2211,3852,17581096
31 Dec 2110,9422,11878493
30 Sep 2110,3232,02974594
30 Jun 219,8021,95774695
31 Mar 219,2631,87872092
31 Dec 208,9771,89772390
30 Sep 208,8561,90173184
30 Jun 208,8191,91771980
31 Mar 208,9781,95973778
31 Dec 198,9501,88873576
30 Sep 198,9191,76073673
30 Jun 198,9351,71073970
31 Mar 198,9701,65274267
31 Dec 188,9381,64874765
30 Sep 188,9301,45680165
30 Jun 188,8341,47776257
31 Mar 188,6971,15075957
31 Dec 178,5221,03874257
30 Sep 178,1881,13463058
30 Jun 177,93095070162
31 Mar 177,7231,09668666
31 Dec 167,5201,07067670
30 Sep 167,5041,10068972
30 Jun 168,0081,15671087
31 Mar 168,5631,226783101
31 Dec 159,2001,241855119
30 Sep 157,82493377376
30 Jun 1510,1231,041982145
31 Mar 1510,2871,0351,013146
31 Dec 1410,4541,0251,037143
30 Sep 1410,4399951,055140
30 Jun 1410,3491,0351,087135
31 Mar 1410,2611,0091,086135
31 Dec 1310,1641,0141,089134

Quality Earnings: APD has a high level of non-cash earnings.

Growing Profit Margin: APD's current net profit margins (31.8%) are higher than last year (18.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: APD's earnings have grown by 9.5% per year over the past 5 years.

Accelerating Growth: APD's earnings growth over the past year (67.6%) exceeds its 5-year average (9.5% per year).

Earnings vs Industry: APD earnings growth over the past year (67.6%) exceeded the Chemicals industry 4.8%.


Return on Equity

High ROE: APD's Return on Equity (20.8%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 07:41
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Air Products and Chemicals, Inc. is covered by 43 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
David MantheyBaird
Sergey VasnetsovBarclays