Air Products and Chemicals, Inc. (APD)

NYSE: APD · IEX Real-Time Price · USD
243.10
+5.27 (2.22%)
At close: Mar 27, 2024, 4:00 PM
240.70
-2.40 (-0.99%)
Pre-market: Mar 28, 2024, 8:00 AM EDT

Total Valuation

APD has a market cap or net worth of $54.04 billion. The enterprise value is $64.55 billion.

Market Cap 54.04B
Enterprise Value 64.55B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, before market open.

Earnings Date May 7, 2024
Ex-Dividend Date Mar 28, 2024

Share Statistics

APD has 222.30 million shares outstanding. The number of shares has increased by 0.09% in one year.

Shares Outstanding 222.30M
Shares Change (YoY) +0.09%
Shares Change (QoQ) +0.04%
Owned by Insiders (%) 0.32%
Owned by Institutions (%) 85.84%
Float 221.33M

Valuation Ratios

The trailing PE ratio is 23.20 and the forward PE ratio is 18.98. APD's PEG ratio is 1.43.

PE Ratio 23.20
Forward PE 18.98
PS Ratio 4.35
Forward PS 4.15
PB Ratio 3.63
P/FCF Ratio n/a
PEG Ratio 1.43
Financial Ratio History

Enterprise Valuation

EV / Earnings 27.62
EV / Sales 5.20
EV / EBITDA 14.46
EV / EBIT 20.98
EV / FCF n/a

Financial Position

The company has a current ratio of 1.81, with a Debt / Equity ratio of 0.86.

Current Ratio 1.81
Quick Ratio 1.52
Debt / Equity 0.86
Debt / EBITDA 2.86
Debt / FCF n/a
Interest Coverage 16.21

Financial Efficiency

Return on equity (ROE) is 16.30% and return on invested capital (ROIC) is 7.36%.

Return on Equity (ROE) 16.30%
Return on Assets (ROA) 7.40%
Return on Capital (ROIC) 7.36%
Revenue Per Employee $540,117
Profits Per Employee $101,622
Employee Count 23,000
Asset Turnover 0.39
Inventory Turnover 12.83

Taxes

In the past 12 months, APD has paid $550.20 million in taxes.

Income Tax 550.20M
Effective Tax Rate 19.05%

Stock Price Statistics

The stock price has decreased by -10.03% in the last 52 weeks. The beta is 0.82, so APD's price volatility has been lower than the market average.

Beta (1Y) 0.82
52-Week Price Change -10.03%
50-Day Moving Average 240.45
200-Day Moving Average 272.78
Relative Strength Index (RSI) 54.42
Average Volume (30 Days) 1,825,744

Short Selling Information

The latest short interest is 2.36 million, so 1.06% of the outstanding shares have been sold short.

Short Interest 2.36M
Short Previous Month 2.38M
Short % of Shares Out 1.06%
Short % of Float 1.07%
Short Ratio (days to cover) 0.96

Income Statement

In the last 12 months, APD had revenue of $12.42 billion and earned $2.34 billion in profits. Earnings per share was $10.48.

Revenue 12.42B
Gross Profit 3.79B
Operating Income 2.51B
Pretax Income 2.89B
Net Income 2.34B
EBITDA 4.46B
EBIT 3.08B
Earnings Per Share (EPS) $10.48
Full Income Statement

Balance Sheet

The company has $2.23 billion in cash and $12.74 billion in debt, giving a net cash position of -$10.51 billion or -$47.27 per share.

Cash & Cash Equivalents 2.23B
Total Debt 12.74B
Net Cash -10.51B
Net Cash Per Share -$47.27
Equity / Book Value 14.87B
Book Value Per Share 66.90
Working Capital 2.53B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.11 billion and capital expenditures -$5.24 billion, giving a free cash flow of -$2.12 billion.

Operating Cash Flow 3.11B
Capital Expenditures -5.24B
Free Cash Flow -2.12B
FCF Per Share -$9.55
Full Cash Flow Statement

Margins

Gross margin is 30.55%, with operating and profit margins of 20.20% and 18.81%.

Gross Margin 30.55%
Operating Margin 20.20%
Pretax Margin 23.24%
Profit Margin 18.81%
EBITDA Margin 35.93%
EBIT Margin 24.77%
FCF Margin -17.10%

Dividends & Yields

This stock pays an annual dividend of $7.08, which amounts to a dividend yield of 2.91%.

Dividend Per Share $7.08
Dividend Yield 2.91%
Dividend Growth (YoY) 6.20%
Years of Dividend Growth 49
Payout Ratio 67.56%
Buyback Yield -0.09%
Shareholder Yield 2.82%
Earnings Yield 4.33%
FCF Yield -3.93%
Dividend Details

Analyst Forecast

The average price target for APD is $286.54, which is 17.87% higher than the current price. The consensus rating is "Buy".

Price Target $286.54
Price Target Difference 17.87%
Analyst Consensus Buy
Analyst Count 15
Revenue Growth Forecast (5Y) 11.44%
EPS Growth Forecast (5Y) 14.64%
Stock Forecasts

Stock Splits

The last stock split was on October 3, 2016. It was a forward split with a ratio of 1081:1000.

Last Split Date Oct 3, 2016
Split Type Forward
Split Ratio 1081:1000

Scores

APD has an Altman Z-Score of 3.27 and a Piotroski F-Score of 5.

Altman Z-Score 3.27
Piotroski F-Score 5