OverviewSuggest Edit
Air Products is a company that provides atmospheric gases, process and specialty gases, and electronics and performance materials. It offers industrial gases and related equipment to dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. 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.
| Type | Public | |
| Founded | 1940 | |
| HQ | Allentown, US | Map |
| Website | airproducts.com | |
| Employee Ratings | More |
Recent NewsAll News
- Semiconductor Gases 2020 Global Market Key Players – Praxair, Air Liquide, Linde, Air Products - Analysis and Forecast to 2026
- Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products
- Air Products Announces "Third by ‘30" CO2 Emissions Reduction Goal Aligned to its Business Strategy, Accelerating Growth Opportunities and Higher Purpose
- Air Products to Supply Four Cryogenic Heat Exchangers to Sonatrach's LNG Facility in Algeria
Key People/Management at Air Products
Seifi Ghasemi
Chairman, President and Chief Executive Officer
Bob Carter
Group Vice President, Large Project Business Development
Frank M. Maupay
Director, Equipment Sales and Plant Support
Tammy Han
Vice President, Hydrogen for Mobility
Richard Boocock
Senior Vice President, Chief Information Officer
and Special Advisor to the Chairman
Victoria Brifo
Senior Vice President and Chief Human Resources Officer
Air Products Office Locations
Air Products has offices in Allentown, Oudergem, Vilvoorde, Zaventem and in 88 other locations
Allentown, US (HQ)
7201 Hamilton Blvd
Oudergem, BE
Waversesteenweg 1789
Vilvoorde, BE
100 Jan Frans Willemsstraat
Zaventem, BE
Leonardo da Vincilaan 19
São Paulo, BR
Av. Francisco Matarazzo, 1400 - Água Branca
Fort Saskatchewan, CA
Range Rd 220
Air Products Financials and Metrics
Air Products Revenue
Air Products's revenue was reported to be $8.92 b in FY, 2019 which is a 0.1% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 2.1b |
Gross profit (Q3, 2020) | 720.3m |
Gross profit margin (Q3, 2020), % | 34.9% |
Net income (Q3, 2020) | 457.1m |
EBIT (Q3, 2020) | 539.2m |
Market capitalization (15-Oct-2020) | 65.4b |
Closing stock price (15-Oct-2020) | 296.0 |
Cash (30-Jun-2020) | 3.9b |
EV | 69.7b |
Air Products's current market capitalization is $65.4 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.9b | 2.0b | 2.1b | 2.2b | 2.2b | 2.3b | 2.2b | 2.2b | 2.2b | 2.3b | 2.2b | 2.1b |
Cost of goods sold | 1.3b | 1.4b | 1.5b | 1.6b | 1.5b | 1.5b | 1.5b | 1.5b | 1.5b | 1.5b | 1.5b | 1.3b |
Gross profit | 564.4m | 576.3m | 635.9m | 644.8m | 649.2m | 713.6m | 680.0m | 713.0m | 758.0m | 768.1m | 756.2m | 720.3m |
Gross profit Margin, % | 30% | 29% | 30% | 29% | 30% | 32% | 31% | 33% | 34% | 34% | 34% | 35% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 655.5m | 1.9b | 2.3b | 2.7b | 3.1b | 3.0b | 2.9b | 2.7b | 2.7b | 2.4b | 2.2b | 3.9b |
Accounts Receivable | 1.1b | 1.2b | 1.1b | 1.2b | 1.3b | 1.2b | 1.3b | 1.3b | 1.3b | 1.3b | 1.4b | 1.4b |
Prepaid Expenses | 68.6m | 61.9m | 79.0m | 177.7m | 131.2m | 104.1m | 74.9m | 102.4m | 97.2m | 98.3m | 129.6m | 185.9m |
Inventories | 330.7m | 322.8m | 293.3m | 347.4m | 339.9m | 322.1m | 403.4m | 408.3m | 408.3m | 400.6m | 399.7m | 410.9m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 306.4m | 2.4b | 2.5b | 161.7m | 585.3m | 1.1b | 357.0m | 790.5m | 1.3b | 488.9m | 979.3m | 1.4b |
Depreciation and Amortization | 206.1m | 417.9m | 634.8m | 227.9m | 467.9m | 713.5m | 258.0m | 520.1m | 789.2m | 289.2m | 583.9m | 874.5m |
Inventories | 9.9m | 20.7m | 44.8m | (8.4m) | 5.5m | 16.0m | (10.4m) | (14.2m) | (13.5m) | (8.4m) | (16.5m) | (25.3m) |
Accounts Payable | 10.4m | (178.6m) | (99.9m) | (113.5m) | (260.4m) | (164.9m) | (55.4m) | (125.5m) | (94.8m) | (115.4m) | (111.8m) | (184.7m) |
| USD | Q1, 2017 |
|---|---|
Debt/Equity | 0.6 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.2 x |
Air Products Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Oxygen & Argon Works | February 12, 2020 | ₪575 m |
| EPCO Carbon Dioxide Products | June 03, 2013 | |
| Indura | June 09, 2012 | $884 m |
| DuPont Air Products NanoMaterials | April 03, 2012 | |
| CryoService | March 19, 2012 | |
| ROVI Cosmetics International | February 13, 2012 | |
| S.I.Q. Beteiligungs | March 10, 2009 | |
| Harvest Energy Technology | August 20, 2008 | |
| Goar, Allison & Associates | May 19, 2008 | |
| Air Products Advanced Materials LLC |
Air Products Cybersecurity Score
Air Products Revenue Breakdown
Air Products revenue breakdown by business segment: 43.4% from Industrial Gases - Americas, 29.9% from Industrial Gases - Asia, 22.5% from Industrial Gases - EMEA and 4.3% from Other
Air Products Online and Social Media Presence
11.17k Twitter followers
Air Products has 11.17k Twitter Followers. The number of followers has increased 0.9% month over month and increased 1.5% quarter over quarter
Air Products's Trends
Twitter Engagement Stats for @airproducts
3.7k
Tweets
553
Following
11.2k
Followers
28
Tweets last 30 days
17
Avg. likes per Tweet
100%
Tweets with engagement
Air Products News and Updates
October 05, 2020
Semiconductor Gases 2020 Global Market Key Players – Praxair, Air Liquide, Linde, Air Products - Analysis and Forecast to 2026
Wiseguyreports.Com Publish New Market Research Report On-“Semiconductor Gases Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2026” Posted via Industry Today. Follow us on Twitter @IndustryToday
September 21, 2020
Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products
Effective October 1, 2020, or as contracts permit, Air Products (NYSE: APD) will increase product pricing, monthly service charges, and surcharges for merchant customers in North America. These adjustments include increases of:
Up to 15% for liquid nitrogen and liquid oxygen
Up to 15% for liquid …
September 15, 2020
Air Products Announces "Third by ‘30" CO2 Emissions Reduction Goal Aligned to its Business Strategy, Accelerating Growth Opportunities and Higher Purpose
Air Products (NYSE: APD), a leading global industrial gases company, today announced a new Sustainability goal to reduce its carbon dioxide emissions (CO2) intensity (kg CO2/MM BTU) by one-third by the year 2030 from a 2015 baseline. Air Products set this new target as it closes in on successfully a…
September 09, 2020
Air Products to Supply Four Cryogenic Heat Exchangers to Sonatrach's LNG Facility in Algeria
Air Products (NYSE: APD), the world's leader in liquefied natural gas (LNG) technology and equipment, today announced it will be providing four of its MCR® Main Cryogenic Heat Exchangers (MCHEs) for Sonatrach's GL1Z LNG facility in Arzew, Algeria. The four heat exchangers will each have 1.3 million …
September 08, 2020
Air Products Inks Long-term Contract to Supply World-Leading Memory-chip Maker in Malaysia
Air Products (NYSE: APD) announced today it has been awarded a long-term onsite contract from a global leader in memory and storage solutions to supply its state-of-the-art new facility in Penang, North Malaysia. The latest win will further strengthen Air Products' long-standing relationship with it…
August 31, 2020
Air Products’ CEO to Present Global Growth Opportunities Providing Solutions to Energy and Environmental Challenges
Air Products (NYSE:APD) today announced that Chairman, President and Chief Executive Officer Seifi Ghasemi will present at the virtual Credit Suisse 33rd Annual Basic Materials Conference on Tuesday, September 15, 2020 at 7:45 a.m. USET. Ghasemi will address how the world’s increasing needs for clea…
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, Bob Carter and Frank M. Maupay.
How many employees does Air Products have?
Air Products has 17,440 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 $511.4 k.
Who are Air Products competitors?
Competitors of Air Products include Messer, Air Liquide and Taiyo Nippon Sanso.
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, Oudergem, Vilvoorde, Zaventem and in 88 other locations.
How many offices does Air Products have?
Air Products has 109 offices.
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