What is Air Products and Chemicals's market cap?

Air Products and Chemicals (APD) has a market capitalization of $66.1B and trades on NYSE.

What is Air Products and Chemicals's revenue and profitability?

Air Products and Chemicals generated $12.5B in trailing twelve-month revenue with net income of $2.1B, representing a net margin of 16.9%. Gross margin stands at 32.0%, with free cash flow of -$1.3B. These figures are based on the Q1 2026 filing.

Who are Air Products and Chemicals's competitors?

Air Products and Chemicals's key competitors include Linde plc, LSB INDUSTRIES INC, ASP Isotopes Inc. Common Stock, and others. These companies compete in similar markets and product categories.

Who does Air Products and Chemicals partner with?

Air Products and Chemicals's notable partners include NEOM.

What subsidiaries does Air Products and Chemicals have?

Air Products and Chemicals's subsidiaries include Rotoflow, Gardner Cryogenics.

Where is Air Products and Chemicals headquartered?

Air Products and Chemicals is headquartered in United States of America and employs approximately 23,000 people. It has been publicly traded since 1961.

Air Products and Chemicals

APD

Air Products & Chemicals, Inc. is a leading global industrial gases company that provides essential atmospheric and process gases, related equipment, and applications expertise.

Market cap

$66.08B+1.7%

Revenue$12.5B+3.7%

Net income$2.1B+37.1%

Free cash flow-$1.3B+71.1%

EPS (diluted)$9.43+37.1%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q2 2026 report

April 30, 2026

Revenue$3.2BBeat by $102.0M EPS$3.20Beat by $0.14

Read the full report

Next report

Jul 30, 2026 (In 2 weeks)

Revenue estimate$3.2B

EPS estimate$3.35

Financials

Q2 2026

Income statement

See full

Revenue$3.2B+8.8%

Gross profit$987.4M+14.5%

Operating income$752.7M+132%

Net income$710.4M+141%

EPS (diluted)$3.19+141%

Balance sheet

See full

Cash & equivalents$951.0M-36.2%

Total debt$914.5M-35.2%

Total equity$15.6B+6.4%

Total assets$41.6B+7.1%

Cash flow

See full

Operating cash flow$1.1B+236%

CapEx$1.1B-41.4%

Free cash flow-$3.9M+99.8%

Valuation & ratios

Valuation

See full

Market cap$66.08B+1.7%

Enterprise value$66.04B+3.5%

P/E31.4×-10.5×

P/S5.3×-0.1×

Profitability

See full

Gross margin32%0.0pp

Operating margin18.3%+6.0pp

Net margin16.9%+4.1pp

FCF margin-10%-4.2pp

Returns & leverage

See full

Return on equity13.9%+3.5pp

Debt / equity0.1×0.0×

Current ratio1.4×+0.4×

Segments

By segment

See full

Americas$1.4B+7.5%

Asia$832.6M+7.6%

Europe$789.0M+8.5%

Corporate And Other$137.1M+44.8%

By product

See full

Onsite$1.7B+10.3%

Merchant$1.3B+4.3%

Saleof Equipment$137.1M+44.8%

Competitors

By market cap

Linde$243.97B+9.0%

Air Products and Chemicals$66.1B+1.7%

Range Resources$8.8B-4.9%

Worthington Enterprises$2.6B-20.3%

LSB Industries$805.7M+36.4%

ASP Isotopes, Inc.$622.0M—

By revenue growth

ASP Isotopes, Inc.+511%

Range Resources+40.5%

LSB Industries+21.5%

Worthington Enterprises+15.0%

HWK

Hawkins+11.2%

Linde+5.0%

Air Products and Chemicals+3.7%

By net margin

Range Resources26.09%+15.1pp

Linde20.44%+0.4pp

Air Products and Chemicals16.87%+4.1pp

OGS

ONE GAS8.6%—

Worthington Enterprises8.42%-1.5pp

HWK

Hawkins7.53%-1.1pp

LSB Industries7.16%+12.2pp

ASP Isotopes, Inc.-588.63%+181pp

Profile

Air Products & Chemicals, Inc. is a leading global industrial gases company that provides essential atmospheric and process gases, related equipment, and applications expertise. The company is a major developer of clean hydrogen projects and specializes in serving the energy, environmental, and manufacturing sectors. Its core value proposition focuses on improving customer operational efficiency and sustainability through innovative gas solutions and large-scale infrastructure projects.

Competitive position

A global leader in industrial gases and hydrogen production, leveraging extensive pipeline networks and proprietary cryogenic technology to maintain high barriers to entry.

GeographiesUnited States, China, Saudi Arabia, Netherlands, United Kingdom, South Korea, Taiwan, Brazil, Chile

Customer segmentsIndustrial enterprises, Energy producers, Healthcare providers, Government agencies

Business modelAsset-heavy infrastructure, Long-term take-or-pay contracts, Manufacturing, Engineering, Procurement, and Construction (EPC)

SuppliersElectricity, Natural gas, Liquid and solid hydrocarbons, Steel, Aluminum, Compressor subcomponents

CustomersOil refineries, Semiconductor manufacturers, Food and beverage processors, Steel and glass manufacturers, Aerospace launch providers, MRI facilities

CountryUnited States of America

Listed1961

Employees23.0K

CEOEduardo F. Menezes

SectorBasic Materials

IndustryChemicals - Specialty

Websiteairproducts.com

FilingsSEC EDGAR

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Questions, answered.

What is Air Products and Chemicals's market cap?: Air Products and Chemicals (APD) has a market capitalization of $66.1B and trades on NYSE.
What is Air Products and Chemicals's revenue and profitability?: Air Products and Chemicals generated $12.5B in trailing twelve-month revenue with net income of $2.1B, representing a net margin of 16.9%. Gross margin stands at 32.0%, with free cash flow of -$1.3B. These figures are based on the Q1 2026 filing.
Who are Air Products and Chemicals's competitors?: Air Products and Chemicals's key competitors include Linde plc, LSB INDUSTRIES INC, ASP Isotopes Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Air Products and Chemicals partner with?: Air Products and Chemicals's notable partners include NEOM.
What subsidiaries does Air Products and Chemicals have?: Air Products and Chemicals's subsidiaries include Rotoflow, Gardner Cryogenics.
Where is Air Products and Chemicals headquartered?: Air Products and Chemicals is headquartered in United States of America and employs approximately 23,000 people. It has been publicly traded since 1961.