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Last update at 2024-12-30T16:50:00Z
Is Air Products and Chemicals, Inc. (APD) the Best Basic Materials Stock To Buy Now?
Wed 16 Oct 24, 02:08 PMWill Air Products and Chemicals (APD) Beat Estimates Again in Its Next Earnings Report?
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Tue 08 Oct 24, 10:32 AMBreakdown | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
Income before tax | 2882.40M | 2754.70M | 2507.40M | 2423.80M | 2289.50M |
Minority interest | -38.40000M | -10.40000M | -15.80000M | -44.40000M | 334.70M |
Net income | 2300.20M | 2256.10M | 2099.10M | 1886.70M | 1760.00M |
Selling general administrative | 957.00M | 900.60M | 828.40M | 742.10M | 750.00M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 3767.00M | 3360.10M | 3136.90M | 2998.20M | 2943.40M |
Reconciled depreciation | 1358.30M | 1338.20M | 1321.30M | 1185.00M | 1082.80M |
Ebit | 3304.50M | 2338.80M | 2281.40M | 2237.60M | 2144.40M |
Ebitda | 4662.80M | 4294.60M | 3993.70M | 3718.10M | 3534.70M |
Depreciation and amortization | 1358.30M | 1955.80M | 1712.30M | 1480.50M | 1390.30M |
Non operating income net other | - | 543.90M | 367.80M | 295.50M | - |
Operating income | 2494.60M | 2338.80M | 2281.40M | 2237.60M | 2144.40M |
Other operating expenses | 9860.80M | 10286.10M | 8055.20M | 6618.70M | 6749.10M |
Interest expense | 177.50M | 128.00M | 141.80M | 109.30M | 137.00M |
Tax provision | 551.20M | 500.80M | 462.80M | 478.40M | 492.50M |
Interest income | 426.80M | 368.30M | 152.30M | 155.50M | 78.40M |
Net interest income | -177.50000M | -128.00000M | -141.80000M | -109.30000M | -137.00000M |
Extraordinary items | 7.40M | 12.60M | 70.30M | -14.30000M | 12.40M |
Non recurring | - | 73.70M | 23.20M | - | - |
Other items | - | - | - | - | - |
Income tax expense | 551.20M | 500.80M | 462.80M | 478.40M | 480.10M |
Total revenue | 12600.00M | 12698.60M | 10323.00M | 8856.30M | 8918.90M |
Total operating expenses | 1027.80M | 947.60M | 869.10M | 760.60M | 773.60M |
Cost of revenue | 8833.00M | 9338.50M | 7186.10M | 5858.10M | 5975.50M |
Total other income expense net | 320.70M | 415.90M | 226.00M | 186.20M | 145.10M |
Discontinued operations | - | 12.60M | 70.30M | -14.30000M | -14.30000M |
Net income from continuing ops | 2331.20M | 2253.90M | 2044.60M | 1945.40M | 1809.40M |
Net income applicable to common shares | 2300.20M | 2256.10M | 2099.10M | 1886.70M | 1760.00M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
Total assets | 39574.60M | 32002.50M | 27192.60M | 26859.20M | 25168.50M |
Intangible assets | 311.60M | 334.60M | 347.50M | 420.70M | 435.80M |
Earning assets | - | - | - | - | - |
Other current assets | 444.10M | 177.00M | 170.50M | 161.80M | 132.90M |
Total liab | 20900.90M | 16342.20M | 13490.20M | 12771.20M | 12725.40M |
Total stockholder equity | 17036.50M | 14312.90M | 13144.00M | 13539.70M | 12079.80M |
Deferred long term liab | - | - | 1247.40M | 1180.90M | 962.60M |
Other current liab | 1474.60M | -281.80000M | -303.90000M | -272.90000M | -208.00000M |
Common stock | 249.40M | 249.40M | 249.40M | 249.40M | 249.40M |
Capital stock | 249.40M | 249.40M | 249.40M | 249.40M | 249.40M |
Retained earnings | 19545.70M | 17289.70M | 16520.30M | 15678.30M | 14875.70M |
Other liab | - | - | 2938.60M | 2821.80M | 2541.10M |
Good will | 905.10M | 861.70M | 823.00M | 911.50M | 891.50M |
Other assets | - | 1229.90M | 2224.90M | 2246.80M | 1337.60M |
Cash | 2979.70M | 1617.00M | 2711.00M | 4468.90M | 5253.00M |
Cash and equivalents | - | 1617.00M | 2711.00M | 4468.90M | 5253.00M |
Total current liabilities | 4179.60M | 3895.80M | 3465.80M | 2799.10M | 2416.70M |
Current deferred revenue | - | 413.00M | 439.10M | 366.80M | 313.80M |
Net debt | 11821.70M | 9319.90M | 4933.80M | 3168.30M | 2654.80M |
Short term debt | 694.90M | 874.50M | 559.00M | 486.90M | 477.70M |
Short long term debt | 694.90M | 874.50M | 559.00M | 486.90M | 477.70M |
Short long term debt total | 14801.40M | 10936.90M | 7644.80M | 7637.20M | 7907.80M |
Other stockholder equity | -730.90000M | -3303.90000M | -839.60000M | -872.10000M | -905.20000M |
Property plant equipment | - | 18446.10M | 14160.50M | 13254.60M | 11964.70M |
Total current assets | 6363.00M | 5200.50M | 6282.90M | 8376.30M | 8684.90M |
Long term investments | 4859.60M | 4617.80M | 3353.80M | 1649.30M | 1432.20M |
Net tangible assets | - | - | 11973.50M | 12207.50M | 10752.50M |
Short term investments | 5.00M | 332.20M | 590.70M | 1331.90M | 1104.90M |
Net receivables | 2168.20M | 2422.50M | 2310.20M | 2002.20M | 1757.70M |
Long term debt | 13533.00M | 9431.30M | 7085.80M | 7150.30M | 7430.10M |
Inventory | 766.00M | 651.80M | 514.20M | 453.90M | 404.80M |
Accounts payable | 1451.60M | 2890.10M | 2771.60M | 2218.30M | 1833.20M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | 558.40M | 548.30M | 363.30M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -2027.70000M | 77.70M | -2786.10000M | -1515.90000M | -2140.10000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | 249.40M | 249.40M | 249.40M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | 16520.30M | 15678.30M | 14875.70M |
Treasury stock | - | - | -1981.00000M | -1987.90000M | -2000.00000M |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 2783.80M | 1229.90M | 2089.20M | 2146.60M | 1644.30M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 33211.60M | 26802.00M | 20909.70M | 18482.90M | 16483.60M |
Capital lease obligations | 778.20M | 631.10M | 682.10M | 582.00M | 406.50M |
Long term debt total | - | 9431.30M | 7085.80M | 6875.70M | 7132.90M |
Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
Investments | -4919.20000M | -5916.40000M | -918.80000M | -2732.90000M | -951.90000M |
Change to liabilities | - | -213.30000M | 532.50M | 187.90M | -31.90000M |
Total cashflows from investing activities | - | -5916.40000M | -3857.20000M | -2732.90000M | -3560.00000M |
Net borrowings | - | 3169.00M | 384.10M | -283.00000M | 4434.30M |
Total cash from financing activities | 2615.40M | 1609.60M | -1000.60000M | -1420.90000M | 3284.70M |
Change to operating activities | - | -212.80000M | -78.80000M | 6.50M | -46.20000M |
Net income | 3862.40M | 2292.80M | 2243.50M | 2028.80M | 1901.00M |
Change in cash | 1362.70M | -1094.00000M | -1757.90000M | -784.10000M | 3004.30M |
Begin period cash flow | 1617.00M | 2711.00M | 4468.90M | 5253.00M | 2248.70M |
End period cash flow | 2979.70M | 1617.00M | 2711.00M | 4468.90M | 5253.00M |
Total cash from operating activities | 3646.70M | 3206.30M | 3230.20M | 3341.90M | 3264.70M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 1451.10M | 1358.30M | 1338.20M | 1321.30M | 1185.00M |
Other cashflows from investing activities | - | -1290.00000M | 7.00M | 5.80M | -99.10000M |
Dividends paid | 1564.90M | 1496.60M | 1383.30M | 1256.70M | 1103.60M |
Change to inventory | -137.80000M | -129.40000M | -94.30000M | -47.20000M | -5.20000M |
Change to account receivables | -111.00000M | 130.70M | -475.20000M | -130.50000M | 43.20M |
Sale purchase of stock | - | 24.00M | 19.30M | 10.60M | 34.10M |
Other cashflows from financing activities | 278.10M | 3721.60M | 782.70M | 298.70M | 4794.90M |
Change to netincome | - | -27.40000M | -248.30000M | -95.20000M | 127.20M |
Capital expenditures | 6796.70M | 4626.40M | 2926.50M | 2464.20M | 2509.00M |
Change receivables | - | - | -383.00000M | 43.80M | 219.20M |
Cash flows other operating | - | - | 2166.50M | 1959.80M | 1770.40M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | -1687.20000M | -818.60000M | 2989.40M |
Change in working capital | -183.00000M | -424.80000M | -115.80000M | 16.70M | -40.10000M |
Stock based compensation | 61.80M | 59.90M | 48.40M | 44.50M | 53.50M |
Other non cash items | -1659.30000M | -55.20000M | -316.40000M | -163.40000M | 0.30M |
Free cash flow | 3646.70M | -1420.10000M | 303.70M | 877.70M | 755.70M |
Sector: Basic Materials Industry: Specialty Chemicals
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
APD Air Products and Chemicals Inc |
-3.75 1.28% | 289.06 | 18.26 | 24.27 | 5.79 | 4.13 | 6.81 | 12.70 |
LIN Linde plc Ordinary Shares |
-5.34 1.26% | 417.64 | 33.77 | 28.90 | 6.56 | 5.42 | 7.03 | 18.92 |
AIQUF L'Air Liquide S.A |
- -% | 161.72 | 29.39 | 24.69 | 3.41 | 3.97 | 3.87 | 15.91 |
AIQUY Air Liquide SA ADR |
-0.27 0.83% | 32.14 | 30.34 | 23.04 | 3.63 | 3.77 | 3.88 | 15.62 |
SHW Sherwin-Williams Co |
-4.27 1.24% | 339.02 | 33.33 | 27.40 | 3.38 | 20.60 | 3.88 | 21.36 |
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.
1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500
Name | Title | Year Born |
---|---|---|
Mr. Seifollah Ghasemi | Chairman, Pres & CEO | 1944 |
Ms. Melissa N. Schaeffer | Sr. VP & CFO | 1980 |
Dr. Samir J. Serhan | Chief Operating Officer | 1961 |
Mr. Sean D. Major | Exec. VP, Gen. Counsel & Sec. | 1964 |
Mr. Jeffrey Kutz | VP, Corp. Controller & Principal Accounting Officer | 1960 |
Mr. William Karlson | Exec. Director of Technology | NA |
Mr. Brian Galovich | Sr. VP & Chief Information Officer | NA |
Mr. Simon R. Moore | VP of Investor Relations, Corp. Relations & Sustainability | NA |
Ms. Katie McDonald | VP of Corp. Communications | NA |
Ms. Victoria Brifo | Sr. VP & Chief HR Officer | 1969 |
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