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 Ratings3.9
Overall CultureA+

Latest Updates

Employees (est.) (Sept 2020)19,000(+9%)
Job Openings640
Revenue (FY, 2020)$8.9 B
Share Price (Jul 2021)$290.3

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 (23-Jul-2021)

65.8b

Closing stock price (23-Jul-2021)

290.3

Cash (31-Dec-2020)

5.8b

EV

68.1b
Air Products's current market capitalization is $65.8 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

Human Capital Metrics

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Air Products Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Air Products Online and Social Media Presence

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Air Products Company Culture

  • Overall Culture

    A+

    77/100

  • CEO Rating

    C+

    67/100

  • Compensation

    D+

    55/100

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Air Products News and Updates

Air Products to Showcase Industrial Gas Solutions with Virtual Booth at AISTech2021

LEHIGH VALLEY, Pa., June 28, 2021 /PRNewswire/ -- Air Products (NYSE:APD) will participate in AISTech 2021 with a virtual booth at the steel industry's premier technology event from June 29 to July 1 at the Music City Center in Nashville, Tennessee. Participants can virtually visit Air...

Hydrogen Generation Market Worth USD 220.37 Billion by 2028; Partnership Agreement of NEOM and ACWA Power with Air Products for Green Ammonia Production Plant to Bolster Business: Fortune Business Insights™

Leading Companies in the Global Hydrogen Generation Market are Air Liquide, Air Products, Iwatani Corporation, Hydrogenics, Linde, Praxair, Inc, Messer Group, Showa Denko K.K., Epoch Energy Technology Corporation, Idroenergy Spa, McPhy, Proton OnSite, LNI Swissgas, Airgas, Parker Hannifin, FuelCell …

Air Products and Baker Hughes to Collaborate on Global Hydrogen Projects

LEHIGH VALLEY, Penn. and HOUSTON and LONDON, June 9, 2021 /PRNewswire/ -- Air Products (NYSE: APD), a global leader in industrial gases and megaproject development, and Baker Hughes (NYSE: BKR), a world leader in advanced hydrogen compression and gas turbine technology, today announced a...

Air Products Announces Multi-Billion Dollar Net-Zero Hydrogen Energy Complex in Edmonton, Alberta, Canada

LEHIGH VALLEY, Penn., June 9, 2021 /PRNewswire/ -- Air Products (NYSE: APD), the world leader in hydrogen production, and its subsidiary Air Products Canada Ltd., in conjunction with the Government of Canada and the Province of Alberta, today announced a multi-billion dollar plan to build...

Air Products Publishes 2021 Sustainability Report Sustainable Growth for a Sustainable Future

Report Details How the Company’s Focus on Gasification, Carbon Capture and Hydrogen for Mobility are Helping Enable the Energy Transition.read more

Air Products Investor Relations, Corporate Relations and Sustainability VP to Speak at Cowens Sustainability & Energy Transition Summit on June 8

Air Products (NYSE:APD) today announced that Simon Moore , vice president, Investor Relations, Corporate Relations and Sustainability, will speak at the Cowen Sustainability & Energy Transition Summit (Virtual) on Tuesday, June 8, 2021 at 2:30 p.m.read more
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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.