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Air Products & Chemicals Inc APD Stock Quote

| Rating as of

NYSE: APD

Last close prices updated as of Jan 26, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 316.61
  • Sector Basic Materials
  • Industry Specialty Chemicals
  • Investment Style Large Growth
  • Day Range 310.00  –  316.90
  • Year Range 216.24  –  328.56
  • Market Cap 70.2835 Bil
  • Volume / Avg 733,590.0 /  1.1 Mil
  • Price / Sales 5.55
  • Price / Book 5.35
  • Forward Div Yield 2.16%
  • Trailing Div Yield 2.05%

Morningstar‘s Stock Analysis APD

Valuation
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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

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Air Products Is Poised for Rapid Growth Driven by Its Ambitious Capital Deployment Plan

Krzysztof Smalec Equity Analyst

Business Strategy and Outlook

| Krzysztof Smalec |

Air Products benefits from operating in an industry with a very favorable structure. Despite selling industrial gases, which are essentially commodities, public industrial gas companies have consistently delivered lucrative returns because of their economic moats. Industrial gases typically account for a relatively small fraction of customers’ costs but are a vital input to ensure uninterrupted production. As such, customers are often willing to pay a premium and sign long-term contracts to ensure their businesses run smoothly. Long-term contracts and high switching costs contribute to industrial gas producers’ moats, helping them generate a predictable cash flow stream and lucrative returns.

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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.

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

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FAQs for Air Products & Chemicals Inc Stock

Yes. APD has a forward dividend yield of 2.16%. 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 70.28 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 Growth.
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 5.55.
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 26.25.
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 5.35.
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.