SuperworthAir Products and Chemicals APD
- Market cap
- $68.4B
- PE
- n/m
- a loss over the last year
- Forward PE
- 21.6×
- 10y median 23.5×
- Price to sales
- 5.4×
- EV/EBIT
- 22.9×
- Revenue, 12 months
- $12.6B
- +5% on a year ago
- Net margin
- −0.4%
- Free cash flow yield
- −0.4%
Air Products and Chemicals trades at 5.4× sales. Its trailing earnings are negative, so it has no PE. Revenue was $12.6B over the last twelve months, up 5% on a year earlier with a −0% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $3.2B−11% | $3B−6% | $2.9B−8% | $3B−2% | $3.2B−0% | $2.9B−2% | $2.9B−1% | $3B+1% | $3.2B−1% | $3.1B+6% | $3.2B+9% | $3.2B+5% | |
| Cost of revenue | $2.2B−16% | $2.1B−9% | $2B−13% | $2B−3% | $2.1B−5% | $2B−3% | $2.1B+3% | $2B+2% | $2.1B+2% | $2.1B+5% | $2.2B+6% | $2.1B+4% |
| Gross profit | $984.1M+4% | $930.2M+3% | $938.7M+2% | $979.9M+2% | $1.1B+10% | $915M−2% | $862.3M−8% | $982.6M+0% | $1B−6% | $995M+9% | $987.4M+15% | $1B+5% |
| R&D | $24.7M−21% | $25.7M+5% | $25.4M−7% | $27M−8% | $22.1M−11% | $22M−14% | $22.9M−10% | $24.1M−11% | $27.3M+24% | $20.4M−7% | $21.6M−6% | $21.5M−11% |
| SG&A | $232.7M+4% | $238.4M+2% | $240.6M−4% | $235.4M−1% | $228M−2% | $242.4M+2% | $222M−8% | $222.6M−5% | $219.1M−4% | $228.7M−6% | $227.2M+2% | $219.1M−2% |
| $738.6M+18% | $666.9M+2% | $637.2M+39% | $737.6M+15% | $2.4B+228% | $643.6M−4% | −$2.3B | $790.6M+7% | $16.8M−99% | $734.5M+14% | $752.7M | −$2.1B | |
| Interest expense | $48M+48% | $53.5M+30% | $59.9M+47% | $55.7M+18% | $49.7M+4% | $42.6M−20% | $42.2M−30% | $61.4M+10% | $67.8M+36% | $54.5M+28% | $49.5M+17% | $49.4M−20% |
| Pre-tax income | $841.2M+18% | $757M+5% | $711.4M+25% | $849.5M+13% | $2.5B+198% | $790.5M+4% | −$2.2B | $890.8M+5% | $121.3M−95% | $850.8M+8% | $883.5M | −$1.9B |
| $154.2M+18% | $135.4M−1% | $130.5M+8% | $140.6M+1% | $538.4M+249% | $140.7M+4% | −$505.8M | $159.6M+14% | $111.2M−79% | $159.4M+13% | $158.7M | −$515.4M | |
| Net income | $692.6M+19% | $609.3M+7% | $572.4M+30% | $696.6M+17% | $1.9B+182% | $617.4M+1% | −$1.7B | $713.8M+3% | $4.9M−100% | $678.2M+10% | $710.4M | −$1.4B |
| $3.11+19% | $2.73+6% | $2.57+31% | $3.13+17% | $8.75+181% | $2.77+2% | −$7.77 | $3.20+2% | $0.02−100% | $3.04+10% | $3.19 | −$6.47 | |
| 222.7M+0% | 222.8M+0% | 222.7M+0% | 222.8M+0% | 222.8M+0% | 222.9M+0% | 222.8M+0% | 222.9M+0% | 222.7M+0% | 222.9M+0% | 222.9M+0% | 222.8M+0% |
Gross profit: 73 periods, Q3 FY08 to Q3 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 7 periods, Q4 FY08 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 14 periods, Q4 FY08 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q4 FY26 | $3.3B | $3.1B to $3.4B | $3.61 | $3.51 to $3.67 | 13 |
| Q1 FY27 | $3.3B | $3.2B to $3.5B | $3.47 | $3.44 to $3.53 | 7 |
| Q2 FY27 | $3.4B | $3.3B to $3.5B | $3.50 | $3.33 to $3.67 | 2 |
| Q3 FY27 | $3.3B | $3.2B to $3.5B | $3.65 | $3.48 to $3.83 | 2 |
| Q4 FY27 | $3.5B | $3.4B to $3.7B | $3.84 | $3.67 to $4.04 | 2 |
| Q1 FY28 | $3.5B | $3.4B to $3.6B | $3.82 | $3.65 to $4.01 | 5 |
| Q2 FY28 | $3.6B | $3.4B to $3.7B | $3.85 | $3.68 to $4.04 | 6 |
| Q3 FY28 | $3.5B | $3.4B to $3.6B | $3.96 | $3.78 to $4.16 | 5 |
Peers
Companies in Chemicals - Specialty nearest Air Products and Chemicals' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| APDAir Products and Chemicals | $68.4B | n/m | 28.1× | 21.6× | 5.4× | +5% | −0.4% |
| ECLEcolab | $80.9B | 38.7× | 37.3× | 33.5× | 4.8× | +7% | 12.6% |
| SHWSherwin-Williams | $81.8B | 31.1× | 33.3× | 26.3× | 3.4× | +6% | 11.0% |
| PPGPPG Industries | $24.6B | 15.8× | 24.0× | 13.4× | 1.5× | +5% | 9.6% |
| IFFInternational Flavors & Fragrances | $24B | 82.6× | 35.5× | 27.3× | 2.4× | −5% | 2.9% |
| LYBLyondellBasell Industries | $21.5B | n/m | 9.2× | 9.2× | 0.7× | −2% | −1.1% |
| LINLinde | $234.6B | 32.9× | 34.4× | 27.2× | 6.6× | +7% | 20.4% |
| RPMRPM International | $12.6B | 18.3× | 25.5× | n/m | 1.6× | +6% | 8.7% |
| CLXClorox | $10.4B | 17.9× | 26.3× | n/m | 1.6× | −5% | 8.7% |
| NEUNewmarket | $8B | 18.7× | 16.8× | n/m | 2.9× | −1% | 15.8% |
| AXTAAxalta Coating Systems | $7.3B | 21.1× | 28.3× | n/m | 1.4× | −1% | 6.8% |
| Peer median | $22.7B | 21.1× | 27.3× | 26.7× | 2.0× | +2% | 9.2% |
Investors who own it
Investors we follow who held Air Products and Chemicals at the end of Jun 30, 2026, from their 13F filings.
- Andreas HalvorsenViking Global Investors4.0% of portfolioadded
- Tom GaynerMarkel Group0.2% of portfolioadded
More on Air Products and Chemicals
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Chemicals - Specialty
- Sector
- Basic Materials
Valuation data, not investment advice. Prices as of .