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Air Products & Chemicals Inc APD Stock Quote

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Last close prices updated as of Jun 09, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 278.59
  • Sector Basic Materials
  • Industry Specialty Chemicals
  • Investment Style Large Blend
  • Day Range 277.85  –  282.54
  • Year Range 218.88  –  328.56
  • Market Cap 61.8812 Bil
  • Volume / Avg 881,931.0 /  896,125.1
  • Price / Sales 4.72
  • Price / Book 4.40
  • Forward Div Yield 2.51%
  • Trailing Div Yield 3.00%

Morningstar‘s Stock Analysis APD

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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Air Products Earnings: Long-Term Outlook Bright, but Investors Turn Focus to Project Execution

Krzysztof Smalec Equity Analyst

Analyst Note

| Krzysztof Smalec |

We are maintaining our $319 fair value estimate for narrow-moat-rated Air Products after the industrial gas firm reported its fiscal second-quarter earnings. We’ve made some puts and takes in our model, but a negative impact due to Air Products’ withdrawal from the Indonesia coal gasification project was offset by our slightly more optimistic near-term margin projections as well as time value of money. We view the name as modestly undervalued, with shares currently trading in 4-star territory.

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Key Statistics APD

Company Profile APD

Business Description

Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.7 billion in revenue in fiscal 2022.

1940 Air Products Boulevard
Allentown, PA, 18106-5500
Industry Specialty Chemicals
Employees 21,900

Related Articles APD

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of APD’s competitive advantage.

Air Products & Chemicals Inc


PPG Industries Inc


Linde PLC


Air Liquide SA

−$4.79 (1.69%) −$1.50 (1.06%) −$1.45 (0.40%) −$0.10 (0.06%)
Market Cap
61.88 Bil32.88 Bil176.63 Bil81.73 Bil
Specialty Chemicals Specialty Chemicals Specialty Chemicals Specialty Chemicals
Basic Materials
Basic Materials
Basic Materials
Basic Materials

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Air Products & Chemicals Inc Stock

Yes. APD has a forward dividend yield of 2.51%. See APD’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

APD’s market cap is 61.88 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

APD’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

APD’s price/sales is 4.72.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

APD’s price/forward earnings is 28.66.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

APD’s price/book is 4.40.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See APD’s valuation ratios compared to the Market Index.

APD’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare APD’s historical performance against its industry peers and the overall market.