Air Products and Chemicals

Air Products and Chemicals

Chemicals
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 roughly $12 billion in revenue in fiscal 2025.

$66B

Market Cap • 10/15/2026

1961

(65 years)

Founded

1961

(65 years ago)

IPO

NYSE

Listing Exchange

Flag of United States

United States

Country

S&P500 Participant

Index Composite • 2026

Valuation

P/B

4,8

P/S

5,2

P/EBITDA

69,5

P/OCF

14,5

P/FCF

—

P/E

—

BVPS

62,3

EPS

—

Market Cap

Market Cap

66B

EV

85,9B

EV/Revenue

6,8

EV/EBITDA

90,4

EV/EBIT

-144,9

Payout

Dividend Per Share

7,2

Dividend Yield

2,4%

Buyback Yield

0%

Total Yield

2,4%

Dividend Yield 5Y

2,6%

Payout

-3379,3%

Retained Earnings

16,3B

Profitability

Gross Margin

32,1%

EBITDA Margin

7,5%

EBIT Margin

—

Net Margin

—

D&A/EBITDA

0%

R&D/Revenue

0,7%

Capex/Revenue

38,7%

Capex/D&A

315,6%

Capex/OCF

106,6%

SBC/OCF

1,1%

% PPE

63,8%

% Goodwill

2,4%

ROE

—

ROIC

—

Growth

CAGR Revenue 5Y

5,2%

CAGR Net Income 5Y

-71,1%

CAGR OCF 5Y

4%

Leverage

N.D./EBITDA

18,1

Debt/Equity

0%

Current Ratio

1,1

Quick Ratio

0,8

Interest Coverage

—

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