OverviewSuggest Edit

Air Products and Chemicals is a company that provides atmospheric, process, and specialty gases. It offers industrial gases and related equipment to the refining, chemical, metals, electronics, manufacturing, as well as food and beverage industries. The company develops, engineers, builds, owns, and operates industrial gas projects, including gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels, and chemicals.
TypePublic
Founded1940
HQAllentown, PA, US
Websiteairproducts.com
Employee Ratings4.1
Overall CultureA+

Latest Updates

Employees (est.) (Sept 2020)19,000(+9%)
Job Openings529
Revenue (FY, 2020)$8.9 B
Share Price (May 2021)$290.5
Cybersecurity ratingBMore

Key People/Management at Air Products

Seifi Ghasemi

Seifi Ghasemi

Chairman, President and Chief Executive Officer
Mario Moniz

Mario Moniz

Vice President Gasification Licensing
Charles I. Cogut

Charles I. Cogut

Director
Frank M. Maupay

Frank M. Maupay

Director, Equipment Sales and Plant Support
Tammy Han

Tammy Han

Vice Vice President, Asia Strategic Initiatives and Development
Jerry Kassman

Jerry Kassman

Commercial Director Gasification Licensing
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Air Products Office Locations

Air Products has offices in Allentown, Machelen, Oudergem, Vilvoorde and in 95 other locations
Allentown, PA, US (HQ)
7201 Hamilton Blvd
Machelen, BE
Airport Plaza – Kyoto building Leonardo Da Vincilaan 19
Oudergem, BE
Waversesteenweg 1789
Vilvoorde, BE
100 Jan Frans Willemsstraat
São Paulo, BR
Av. Francisco Matarazzo, 1400 - Água Branca
Fort Saskatchewan, CA
Range Rd 220
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Air Products Financials and Metrics

Air Products Revenue

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Air Products's revenue was reported to be $8.86 b in FY, 2020 which is a 0.7% decrease from the previous period.
USD

Revenue (Q1, 2021)

2.4b

Gross profit (Q1, 2021)

742.8m

Gross profit margin (Q1, 2021), %

31.3%

Net income (Q1, 2021)

482.0m

EBIT (Q1, 2021)

539.1m

Market capitalization (7-May-2021)

64.3b

Closing stock price (7-May-2021)

290.5

Cash (31-Dec-2020)

5.8b

EV

66.5b
Air Products's current market capitalization is $64.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

8.9b8.9b8.9b

Revenue growth, %

9%0%(1%)

Cost of goods sold

6.2b6.0b5.9b

Gross profit

2.7b2.9b3.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

2.2b2.2b2.2b2.3b2.2b2.1b2.4b

Cost of goods sold

1.5b1.5b1.5b1.5b1.5b1.3b1.6b

Gross profit

680.0m713.0m758.0m768.1m756.2m720.3m742.8m

Gross profit Margin, %

31%33%34%34%34%35%31%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

2.8b2.2b5.3b

Accounts Receivable

1.2b1.3b1.3b

Prepaid Expenses

129.6m77.4m164.5m

Inventories

396.1m388.3m404.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

2.9b2.7b2.7b2.4b2.2b3.9b5.8b

Accounts Receivable

1.3b1.3b1.3b1.3b1.4b1.4b1.4b

Prepaid Expenses

74.9m102.4m97.2m98.3m129.6m185.9m178.5m

Inventories

403.4m408.3m408.3m400.6m399.7m410.9m422.9m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.5b1.8b1.9b

Depreciation and Amortization

970.7m1.1b1.2b

Inventories

(64.2m)(3.0m)(5.2m)

Accounts Payable

(277.7m)(41.8m)(31.9m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

357.0m790.5m1.3b488.9m979.3m1.4b486.7m

Depreciation and Amortization

258.0m520.1m789.2m289.2m583.9m874.5m323.7m

Inventories

(10.4m)(14.2m)(13.5m)(8.4m)(16.5m)(25.3m)(9.9m)

Accounts Payable

(55.4m)(125.5m)(94.8m)(115.4m)(111.8m)(184.7m)24.2m
USDFY, 2018

EV/EBIT

19.2 x

EV/CFO

14.7 x

Revenue/Employee

558.1k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.7 x

P/E Ratio

24.6
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Air Products Operating Metrics

Air Products's Backlog was reported to be $1.6b in FY, 2020.
FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Backlog

$1.1 b$5 m$2 b$900 m$1.6 b

Countries

5151515153

Patents (Foreign)

3.9 k2.54 k2.89 k3.73 k3.6 k

Patents (US)

970532535857850
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Air Products Acquisitions / Subsidiaries

Company NameDateDeal Size
Oxygen & Argon WorksFebruary 12, 2020₪575 m
EPCO Carbon Dioxide ProductsJune 03, 2013
InduraJune 09, 2012$884 m
DuPont Air Products NanoMaterialsApril 03, 2012
CryoServiceMarch 19, 2012
ROVI Cosmetics InternationalFebruary 13, 2012
S.I.Q. BeteiligungsMarch 10, 2009
Harvest Energy TechnologyAugust 20, 2008
Goar, Allison & AssociatesMay 19, 2008
7001 Hamilton Properties LLC
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Air Products Revenue Breakdown

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Air Products revenue breakdown by business segment: 41.0% from Industrial Gases - Americas, 30.7% from Industrial Gases - Asia, 21.8% from Industrial Gases - EMEA and 6.6% from Other

Air Products Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Air Products Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Air Products Online and Social Media Presence

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Air Products Company Culture

  • Overall Culture

    A+

    84/100

  • CEO Rating

    D-

    55/100

  • Compensation

    A+

    100/100

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Air Products News and Updates

Air Products unveils new cryogenic freezing technology; food manufacturer set to benefit

Air Products has unveiled new cryogenic freezing technology that allows operators to reduce the amount of liquid nitrogen used as a coolant, while increasing food product throughput and giving greater control over the freezing process.

Air Products and Chemicals (APD) falls 1.07% for April 19

Air Products and Chemicals (NYSE: APD) shares fell -1.07% to end trading Monday at $284.40 per share - a net change of $-3.08. Shares traded between $288.42 and $281.39 throughout the day.

Air Products’ Kochi Industrial Gas Complex Reliably Supplying Syngas to Bharat Petroleum in India

Air Products (NYSE: APD), a world leader in industrial gases megaproject development and execution, today announced that the Kochi Industrial Gas Complex is reliably supplying syngas to the Propylene Derivatives Petrochemical Project (PDPP) at the Bharat Petroleum Corporation Limited (BPCL) Kochi Re…

Air Products Acquires Remaining 50% Stake in Gasification Technology Joint Venture from China Shenhua Coal to Liquid and Chemical

Air Products (NYSE: APD) today announced it has completed the acquisition of the remaining 50 percent equity stake in its gasification technology joint venture (JV) with China Shenhua Coal to Liquid and Chemical Co. Ltd., a subsidiary of China Energy Group. Financial terms of the transaction are not…

Air Products becomes official partner of EU-OSH Healthy Workplaces ‘Lighten the Load’ campaign

Air Products has become an official partner of the European Agency for Safety & Health at Work (EU-OSHA) Healthy Workplaces ‘Lighten the Load’ campaign, which focuses on work-related musculoskeletal disorders (MSDs).

Air Products and New Flyer Tour Cities in Oregon to Demonstrate the Benefits of Hydrogen Fuel Cell Bus Technology

Air Products (NYSE:APD) and New Flyer of America Inc. continued its tour of the Northwest United States (U.S.) at the end of March, visiting two cities in Oregon to demonstrate the benefits of fuel cell electric buses powered with Air Products’ hydrogen.
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Air Products Frequently Asked Questions

  • When was Air Products founded?

    Air Products was founded in 1940.

  • Who are Air Products key executives?

    Air Products's key executives are Seifi Ghasemi, Mario Moniz and Charles I. Cogut.

  • How many employees does Air Products have?

    Air Products has 19,000 employees.

  • What is Air Products revenue?

    Latest Air Products annual revenue is $8.9 b.

  • What is Air Products revenue per employee?

    Latest Air Products revenue per employee is $466.1 k.

  • Who are Air Products competitors?

    Competitors of Air Products include Matheson Tri-Gas, Airgas and Air Liquide.

  • Where is Air Products headquarters?

    Air Products headquarters is located at 7201 Hamilton Blvd, Allentown.

  • Where are Air Products offices?

    Air Products has offices in Allentown, Machelen, Oudergem, Vilvoorde and in 95 other locations.

  • How many offices does Air Products have?

    Air Products has 115 offices.