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
Overall CultureA+

Latest Updates

Employees (est.) (Sept 2021)20,875(+10%)
Job Openings931
Revenue (FY, 2021)$8.9 B
Share Price (May 2022)$233.7
Cybersecurity ratingBMore
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Key People/Management at Air Products

Seifi Ghasemi

Seifi Ghasemi

Chairman, President, Chief Executive Officer
Charles I. Cogut

Charles I. Cogut

Director
Frank Maupay

Frank Maupay

Director Equipment Sales and Plant Support
Frank M. Maupay

Frank M. Maupay

Director, Equipment Sales and Plant Support
Tammy Han

Tammy Han

Vice President, Asia Strategic Initiatives and Development
Jerry Kassman

Jerry Kassman

Director of Sales
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Air Products Office Locations

Air Products has offices in Allentown, Hydra, Machelen, Oudergem and in 89 other locations
Allentown, PA, US (HQ)
7201 Hamilton Blvd
Allentown, PA, US
1940 Air Products Blvd
Hydra, DZ
12 Chem. Petit Hydra
Machelen, BE
Airport Plaza – Kyoto building Leonardo Da Vincilaan 19
Oudergem, BE
Waversesteenweg 1789
Vilvoorde, BE
100 Jan Frans Willemsstraat
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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, 2021
USD

Revenue (Q1, 2022)

3.0b

Gross profit (Q1, 2022)

770.6m

Gross profit margin (Q1, 2022), %

25.7%

Net income (Q1, 2022)

549.6m

EBIT (Q1, 2022)

523.0m

Market capitalization (13-May-2022)

51.8b

Closing stock price (13-May-2022)

233.7

Cash (31-Dec-2021)

3.0b

EV

56.2b
Air Products's current market capitalization is $51.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

8.9b8.9b8.9b8.9b

Revenue growth, %

9%0%(1%)

Cost of goods sold

6.2b6.0b5.9b5.9b

Gross profit

2.7b2.9b3.0b3.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

2.2b2.2b2.2b2.3b2.2b2.1b2.4b2.5b2.6b3.0b

Cost of goods sold

1.5b1.5b1.5b1.5b1.5b1.3b1.6b1.7b1.8b2.2b

Gross profit

680.0m713.0m758.0m768.1m756.2m720.3m742.8m756.5m802.8m770.6m

Gross profit Margin, %

31%33%34%34%34%35%31%30%31%26%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

2.2b5.3b4.5b

Accounts Receivable

1.3b1.3b1.5b

Prepaid Expenses

77.4m164.5m119.4m

Inventories

388.3m404.8m453.9m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

2.4b2.2b3.9b5.8b5.8b4.3b3.0b

Accounts Receivable

1.3b1.4b1.4b1.4b1.4b1.4b1.7b

Prepaid Expenses

98.3m129.6m185.9m178.5m206.8m132.3m135.3m

Inventories

400.6m399.7m410.9m422.9m430.3m561.5m487.2m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

1.8b1.9b2.1b

Depreciation and Amortization

1.1b1.2b1.3b

Inventories

(3.0m)(5.2m)(47.2m)

Accounts Payable

(41.8m)(31.9m)187.9m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

488.9m979.3m1.4b486.7m963.8m1.5b549.6m

Depreciation and Amortization

289.2m583.9m874.5m323.7m65.3m988.7m332.3m

Inventories

(8.4m)(16.5m)(25.3m)(9.9m)25.4m(36.4m)(33.7m)

Accounts Payable

(115.4m)(111.8m)(184.7m)24.2m135.7m139.8m167.6m
USDFY, 2018

Revenue/Employee

558.1k
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Air Products Operating Metrics

Air Products's Backlog was reported to be $1.3b in FY, 2021.
FY, 2019FY, 2020FY, 2021

Backlog

$900 m$1.6 b$1.3 b

Countries

515353

Patents (Foreign)

3.73 k3.6 k3.48 k

Patents (US)

857850780
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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: 24.8% from Industrial Gases - EMEA , 29.6% from Industrial Gases - Asia, 42.3% from Industrial Gases - Americas and 3.3% from Other

Human Capital Metrics

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Air Products Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Air Products Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Air Products Online and Social Media Presence

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Air Products Company Culture

  • Overall Culture

    A+

    78/100

  • CEO Rating

    A

    78/100

  • Compensation

    B+

    74/100

  • Diversity

    B

    70/100

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Air Products News and Updates

Air Products tops profit expectations but revenue that came up a bit shy

Air Products & Chemicals Inc. reported Thursday fiscal second-quarter profit that topped expectations but revenue that came up a bit shy, and provided an in-line outlook. The industrial gases and chemicals company's stock was still inactive in premarket trading. Net income for the quarter to Ma…

Air Products Reports Fiscal 2022 Second Quarter GAAP EPS# and Adjusted EPS* of $2.38

LEHIGH VALLEY, Pa., May 5, 2022 /PRNewswire/ -- Q2 FY22 (comparisons versus prior year): GAAP EPS of $2.38, up 12 percent; GAAP net income of $537 million, up 13 percent; and GAAP net income margin of 18.2 percent, down 90 basis points Adjusted EPS* of $2.38, up 14 percent; adjusted...

Air Products to supply first Rotterdam green hydrogen filling station for trucks in 2023

Hydrogen for road transport: big step forward as a result of cooperation between Air Products, Schenk Tanktransport and TNO and benefits from subsidy awarded for use of trucks and construction of hydrogen refuelling station ROTTERDAM, The Netherlands, May 3, 2022 /PRNewswire/ -- Air...

Air Products Brings Two Air Separation Units Onstream for World-leading Semiconductor Manufacturer in Asia

LEHIGH VALLEY, Pa., May 2, 2022 /PRNewswire/ -- Air Products (NYSE: APD) today announced that Air Products San Fu Co. Ltd recently brought two new air separation units onstream, as part of the long-term agreements to provide ultra-high purity industrial gases to one of the world's largest...

Air Products' Employees, Retirees and the Air Products Foundation Raise and Contribute more than $5.3 Million to Annual United Way Campaign

The Company's 2021-22 Contribution is the Largest Single-Year Campaign Contribution by any Company in the History of the United Way of the Greater Lehigh Valley. LEHIGH VALLEY, Pa., April 7, 2022 /PRNewswire/ -- Air Products' (NYSE:APD) employees, retirees and the Air Products Foundation...

Air Products to Broadcast Fiscal 2022 Second Quarter Earnings Teleconference on May 5

LEHIGH VALLEY, Pa., April 4, 2022 /PRNewswire/ -- Air Products (NYSE:APD) will release its fiscal 2022 second quarter financial results prior to market open on Thursday, May 5, 2022 and will review these results in a teleconference at 8:30 a.m. ET. The teleconference will be open to the...
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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, Charles I. Cogut and Frank Maupay.

  • How many employees does Air Products have?

    Air Products has 20,875 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 $424.3 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, Hydra, Machelen, Oudergem and in 89 other locations.

  • How many offices does Air Products have?

    Air Products has 109 offices.