Air Products and Chemicals, Inc. (APD)
| Market Cap | 70.67B |
| Revenue (ttm) | 12.10B |
| Net Income (ttm) | 3.83B |
| Shares Out | 222.38M |
| EPS (ttm) | 17.18 |
| PE Ratio | 18.43 |
| Forward PE | 24.71 |
| Dividend | $7.08 (2.23%) |
| Ex-Dividend Date | Jan 2, 2025 |
| Volume | 1,759,249 |
| Open | 314.50 |
| Previous Close | 312.06 |
| Day's Range | 311.33 - 317.99 |
| 52-Week Range | 212.24 - 337.00 |
| Beta | 0.85 |
| Analysts | Buy |
| Price Target | 330.40 (+3.97%) |
| Earnings Date | Feb 6, 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]
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 StatementsAnalyst Forecast
According to 18 analysts, the average rating for APD stock is "Buy." The 12-month stock price forecast is $330.4, which is an increase of 3.97% from the latest price.
News
Air Products Urges Shareholders to Protect the Company's Stability and Path to Value Creation by Voting "FOR" ONLY Air Products' Nominees on the WHITE Proxy Card
The Board Expects the Following: After the Announcement of a New President No Later Than March 31st, the CEO Transition Will Be Completed Within Three Months of Joining the Company. Additionally, the ...
MAKE YOUR VOICE HEARD: MANTLE RIDGE SENDS OPEN LETTER ASKING AIR PRODUCTS AND CHEMICALS, INC. SHAREHOLDERS TO VOTE AT ANNUAL MEETING
Change is In the Air: Mantle Ridge's Four Shareholder Nominees Will Help the Board Usher in a Brighter Future All of the Leading Independent Proxy Advisory Firms – ISS, Glass Lewis, and Egan-Jones – R...
Air Products Announces Preliminary Q1FY25 GAAP EPS of $2.77 and Adjusted EPS of $2.86, Exceeding Company's Previous Adjusted EPS Guidance for the Quarter
Company to Release Full Q1FY25 Results and Host Teleconference on February 6, 2025 LEHIGH VALLEY, Pa. , Jan. 14, 2025 /PRNewswire/ -- Air Products (NYSE:APD) today announced preliminary fiscal 2025 fi...
LEADING PROXY ADVISORY FIRM EGAN-JONES RECOMMENDS AIR PRODUCTS AND CHEMICALS, INC. SHAREHOLDERS VOTE "FOR" ALL FOUR MANTLE RIDGE DIRECTOR NOMINEES ANDREW EVANS, PAUL HILAL, TRACY MCKIBBEN, AND DENNIS REILLEY
Egan-Jones Finds "Many Compelling Reasons to Support Mantle Ridge's Case for Change" and States that "Voting for the Mantle Ridge Nominees is in the Best Interest of the Company and its Shareholders" ...
Air Products Sends Letter to Shareholders Highlighting Reasons to Support Its Board Nominees
Strongly Disagrees with ISS' Opinion Published Today Urges Shareholders to Vote "FOR" ONLY Air Products' Nominees on the WHITE Proxy Card LEHIGH VALLEY, Pa. , Jan. 13, 2025 /PRNewswire/ -- Air Product...
LEADING PROXY ADVISORY FIRM ISS RECOMMENDS AIR PRODUCTS AND CHEMICALS, INC. SHAREHOLDERS VOTE "FOR" MANTLE RIDGE DIRECTOR NOMINEES ANDREW EVANS, PAUL HILAL, AND DENNIS REILLEY
Institutional Shareholder Services "ISS" Finds Incumbent Board Has Failed to "Properly Oversee" a "Credible Succession Plan" and States that Reconstitution of the Board with a "New Chairman" Would "Al...
Mantle Ridge Sends Open Letter to Air Products and Chemicals, Inc. Shareholders and Employees
Answers Frequently Asked Questions Received from Employee Shareholders About Vote Anonymity Mantle Ridge's Director Nominees Reaffirm Commitment to Working Constructively with Air Products' Continuing...
LEADING PROXY ADVISORY FIRM GLASS LEWIS RECOMMENDS AIR PRODUCTS AND CHEMICALS, INC. SHAREHOLDERS VOTE "FOR" ALL FOUR MANTLE RIDGE DIRECTOR NOMINEES ANDREW EVANS, PAUL HILAL, TRACY MCKIBBEN, AND DENNIS REILLEY
Glass Lewis Finds a "Compelling" Case for Change at Air Products Following "Years of Poor Performance Fueled by a Spate of High-Cost, Low-Visibility Strategic Expeditions Pointedly Departing from APD'...
Air Products Sends Letter to Shareholders Correcting Mantle Ridge's Falsehoods and Misleading Claims
LEHIGH VALLEY, Pa. , Jan. 9, 2025 /PRNewswire/ -- Air Products' (NYSE:APD) Board of Directors today sent a letter to shareholders in connection with its upcoming 2025 Annual Meeting of Shareholders (t...
It's Time for a Fresh Start at Air Products: Mantle Ridge Sends Letter to Air Products and Chemicals, Inc. Shareholders
Highlights Strength of Mantle Ridge's Four Director Nominees Puts Performance of Selected Incumbent Directors into Perspective – Including Responsibility for Operational Underperformance, Flawed Capit...
Air Products' Board of Directors Issues Response to Mantle Ridge
LEHIGH VALLEY, Pa. , Jan. 8, 2025 /PRNewswire/ -- Air Products' (NYSE:APD) Board of Directors today issued the following statement in response to Mantle Ridge's Shareholder letter, issued today: Mantl...
Mantle Ridge Issues Shareholder Letter Outlining the Path Forward for Air Products and Chemicals, Inc.
Explains How Implementing Best-In-Class Linde/Praxair Operating Model Authored by Dennis Reilley Can Re-Establish a Culture of Excellence, Relentless Cost Focus, Disciplined Capital Allocation and Pro...
Buy 1 January S&P 500 Dividend Aristocrat Out Of 38 'Safer'
**Investment Thesis:** January's top-yielding Aristocrats include Franklin Resources, Realty Income, Amcor, Kenvue, and Hormel, offering dividends from $1K investments exceeding single share prices. *...
Air Products Board of Directors Reiterates Deliberate Succession Planning Process, Superior Quality of its Board Candidates, and Strong Financial Performance
LEHIGH VALLEY, Pa. , Jan. 7, 2025 /PRNewswire/ -- Air Products' (NYSE:APD) Board of Directors today issued the following statement: Air Products is executing on a rigorous CEO succession plan, announc...
Mantle Ridge Releases Video Series Introducing Shareholder Nominees and Outlining Solutions for Challenges and Underperformance at Air Products and Chemicals, Inc.
Introduces Four Independent Shareholder Nominees – Andrew Evans, Paul Hilal, Tracy McKibben, and Dennis Reilley – and Proposed CEO Candidate Eduardo Menezes Includes Perspectives from Former Praxair E...
Mantle Ridge Issues Shareholder Letter: Restoring Integrity is Necessary for Air Products and Chemicals, Inc. to Recover and Return to Prosperity
Details Some of the Company's Omissions, Obfuscations, and Misleading Statements Concerning Air Products' Performance, Strategy, and Key Projects Shareholder-Led Board Refreshment is the Necessary Fir...
The D. E. Shaw Group Releases Open Letter to the Board of Directors of Air Products and Chemicals
Expresses Disappointment with the Board's Failure to Manage an Effective CEO Succession Process Announces Intention to Support Change at the 2025 Annual Meeting NEW YORK , Jan. 3, 2025 /PRNewswire/ --...
Air Products And Chemicals: This Dividend Aristocrat Remains Buyable Now
Air Products and Chemicals is likely going to boost its dividend payout in January for the 42nd year straight. The company's adjusted EPS jumped in its fiscal fourth quarter. Air Products and Chemical...
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...
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...
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,...
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...
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...
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...
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...