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, metals, manufacturing, electronics, energy production, medical, food, chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. Air Products and Chemicals, Inc. was founded in 1940 and is headquartered in Allentown, Pennsylvania.
Air Products and Chemicals, Inc (APD) reported trailing twelve months (TTM) revenue of $12.21B as of December 2025, which represents a 1.4% increase year-over-year. The company's operating margin has expanded to 23.7% from 22.0% a year ago. In terms of profitability, APD reported a net loss of $333.70M. Valuation-wise, the stock trades at a Price-to-Sales (P/S) ratio of 4.5x. The company reported negative free cash flow of $-350.50M over the last twelve months, indicating cash consumption over the period. Data based on the most recent quarterly reports.
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