Air Products and Chemicals, Inc. (APD)

NYSE: APD · Real-Time Price · USD
294.99
+1.82 (0.62%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.62%
Market Cap 65.60B
Revenue (ttm) 12.10B
Net Income (ttm) 3.83B
Shares Out 222.38M
EPS (ttm) 17.18
PE Ratio 17.11
Forward PE 22.89
Dividend $7.08 (2.40%)
Ex-Dividend Date Jan 2, 2025
Volume 1,078,788
Open 292.91
Previous Close 293.17
Day's Range 292.51 - 297.35
52-Week Range 212.24 - 337.00
Beta 0.83
Analysts Buy
Price Target 329.07 (+11.55%)
Earnings Date Feb 3, 2025

About APD

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals. It also designs and manufa... [Read more]

Sector Materials
IPO Date Jan 1, 1987
Employees 23,000
Stock Exchange NYSE
Ticker Symbol APD
Full Company Profile

Financial Performance

In 2024, APD's revenue was $12.10 billion, a decrease of -3.96% compared to the previous year's $12.60 billion. Earnings were $3.83 billion, an increase of 66.43%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for APD stock is "Buy." The 12-month stock price forecast is $329.07, which is an increase of 11.55% from the latest price.

Price Target
$329.07
(11.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Air Products Files Investor Presentation Highlighting Successful Two-Pillar Strategy to Deliver Superior Shareholder Value

The Company's Board and Management, Under Chairman and CEO Seifi Ghasemi's Leadership, Have Delivered Over $44 Billion in Shareholder Value Creation 1 Continues to Successfully Execute Two-Pillar Grow...

2 days ago - PRNewsWire

Mantle Ridge Releases Investor Presentation Highlighting Need for Change at Air Products and Chemicals, Inc.

Details Years of Operational Underperformance, Capital Allocation Missteps, Poor Project Execution, and Succession Planning Failures Explains How Air Products' Decade of Board-Led "Refreshment" Only D...

3 days ago - PRNewsWire

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

Air Products and Chemicals excels in the industrial gases sector, with strong growth prospects in the hydrogen economy, making it a compelling growth pick. APD's robust balance sheet, strategic focus,...

4 days ago - Seeking Alpha

Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value

Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "M...

7 days ago - Seeking Alpha

Air Products Board of Directors Issues Letter to Shareholders Highlighting Company's Success and Addressing Mantle Ridge's Inaccurate Statements, Short-Sighted Campaign, and History of Value Destruction

Urges Shareholders to Vote "FOR" ONLY Air Products' Nominees on the WHITE Proxy Card LEHIGH VALLEY, Pa. , Dec. 13, 2024 /PRNewswire/ -- Air Products (NYSE:APD) Board of Directors today issued a letter...

7 days ago - PRNewsWire

2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables

Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...

Other symbols: AGRAWKBACBALLBBYBENCEG
8 days ago - Seeking Alpha

Mantle Ridge Files Definitive Proxy Statement and Sends Letter to Air Products and Chemicals Inc. Shareholders Highlighting Material Underperformance, Misguided Capital Allocation Strategy, and Succession Failures

Nominates Four Highly Qualified Director Nominees – Andrew Evans, Paul Hilal, Tracy McKibben, and Dennis Reilley – to Air Products' Board of Directors Mantle Ridge Believes CEO Seifi Ghasemi's Insiste...

10 days ago - PRNewsWire

Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends

"Dividend Aristocrats

10 days ago - Seeking Alpha

MANTLE RIDGE ISSUES STATEMENT

NEW YORK , Dec. 5, 2024 /PRNewswire/ -- Mantle Ridge LP ("Mantle Ridge"), which together with its affiliates beneficially owns more than $1 billion of Air Products and Chemicals Inc. (NYSE: APD) ("Air...

15 days ago - PRNewsWire

Air Products Highlights Successful Track Record of Delivering Significant Shareholder Value Through Disciplined Execution of Two-Pillar Growth Strategy

Files Definitive Proxy Statement and Issues Letter to Shareholders Urges Shareholders to Vote "FOR" ONLY Air Products' Nominees on the WHITE Proxy Card Launches voteairproducts.com  for Additional Sha...

17 days ago - PRNewsWire

Air Products' Chairman, President and CEO Seifi Ghasemi to Speak at Goldman Sachs Industrials & Materials Conference on December 5

LEHIGH VALLEY, Pa. , Nov. 26, 2024 /PRNewswire/ -- Air Products (NYSE: APD) announced today that Chairman, President and CEO Seifi Ghasemi will speak at the Goldman Sachs Industrials & Materials Confe...

24 days ago - PRNewsWire

Air Products Declares Quarterly Dividend

LEHIGH VALLEY, Pa. , Nov. 21, 2024 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.77 per share of common stock.

4 weeks ago - PRNewsWire

Air Products Issues Statement

LEHIGH VALLEY, Pa. , Nov. 19, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today issued the following statement regarding the nomination of director candidates by Mantle Ridge for election to the Air ...

4 weeks ago - PRNewsWire

Exclusive: Mantle Ridge nominates new board for Air Products, pushes for new CEO

Mantle Ridge has nominated nine directors to replace the board at Air Products and Chemicals , with the activist investor pushing the industrial gases maker to name a new CEO, shift its capital alloca...

4 weeks ago - Reuters

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

Air Products and Chemicals is a high-quality industrial gases company with a strong balance sheet, consistent dividend growth, and a sustainability-driven growth strategy. Valuation analysis suggests ...

4 weeks ago - Seeking Alpha

Air Products Announces Two New Independent Director Candidates as Part of Ongoing Board Refreshment

Bob Patel and Alfred Stern, seasoned executives with experience leading major publicly listed industrial companies, to stand for election at Air Products' 2025 Annual Meeting of Shareholders Patel, fo...

4 weeks ago - PRNewsWire

67 Aristocrats November Dividend Cornucopia Has 39 'Safer' And 2 Ideal Dogs

November's top-yielding Aristocrats include Franklin Resources, Amcor, Hormel, and Kenvue, meeting the dogcatcher ideal of dividends from $1K invested exceeding single share prices. Analysts forecast ...

5 weeks ago - Seeking Alpha

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

Shares of Air Products and Chemicals have shown mixed performance, with recent improvements driven by better results and activist pressure, but now appear fairly valued. APD's Q4 results showed a 13% ...

6 weeks ago - Seeking Alpha

Air Products and Chemicals, Inc. (APD) Q4 2024 Earnings Call Transcript

Air Products and Chemicals, Inc. (NYSE:APD) Q4 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Eric Guter - IR Seifi Ghasemi - Chairman, President and CEO Melissa Schae...

6 weeks ago - Seeking Alpha

Air Products Reports Fiscal 2024 Fourth Quarter GAAP EPS of $8.81 and Adjusted EPS of $3.56

Fiscal Year 2024 (comparisons versus prior year): GAAP EPS# of $17.24, up 67 percent; GAAP net income of $3.9 billion, up 65 percent; and GAAP net income margin of 31.9 percent, up 1,330 basis points ...

6 weeks ago - PRNewsWire

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

Air Products is a low-risk, cash-generating business that will benefit from soaring demand for clean hydrogen. Hydrogen is increasingly being adopted in industrial processes, the energy industry and t...

7 weeks ago - Seeking Alpha

D.E. Shaw throws support to Mantle Ridge in Air Products board fight

Hedge fund D.E. Shaw shifted course in its campaign for change at industrial gases company Air Products and Chemicals and is now supporting a rival activist's efforts instead of pressing ahead with it...

2 months ago - Reuters

ESG-Driven Green Hydrogen Risk At The Center Of Air Products Dispute

A growing controversy over the ESG-driven capital allocation strategies of industrial gas provider Air Products illustrates the sorts of challenges so many American companies face related to the energ...

2 months ago - Forbes

D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products

Both activists want to address CEO succession planning and capital allocation at the company.

2 months ago - CNBC

Air Products to Broadcast Fiscal Fourth Quarter Earnings Teleconference on November 7, 2024

LEHIGH VALLEY, Pa. , Oct. 14, 2024 /PRNewswire/ -- Air Products (NYSE:APD) will release its fiscal 2024 fourth quarter financial results prior to market open on Thursday, November 7, 2024 and will rev...

2 months ago - PRNewsWire