As the nation’s leading single-source provider of all things gases, welding and safety, we offer more than just top-quality products. Backed by decades of industry expertise, our offers include everything from welding efficiency and plant turnarounds to gases supply and equipment rentals—and everything in between.

Parent Company
Air Liquide
Wayne, US
Airgas was founded in 1982 and is headquartered in Wayne, US

Key People at Airgas

Mike Molinini

Mike Molinini

President & CEO

Airgas Office Locations

Airgas has an office in Wayne
Wayne, US (HQ)
100 259 N Radnor Chester Rd

Airgas Data and Metrics

Airgas Summary

Founding Date

Airgas is a subsidiary of Air Liquide

Airgas Financial Metrics

Airgas's revenue was reported to be $5.3 b in FY, 2016 which is a 0% increase from the previous period.
USDFY, 2011FY, 2012FY, 2013FY, 2015FY, 2016


5.3 b5.3 b

Revenue growth, %


Cost of goods sold

2.4 b2.3 b

Gross profit

2.9 b3 b

Gross profit Margin, %


Operating expense total

4.7 b4.7 b


641.3 m580.7 m

EBIT margin, %


Interest expense

62.2 m60.1 m

Pre tax profit

584.1 m529.7 m

Income tax expense

156.7 m178.8 m202.5 m216 m192.2 m

Net Income

368.1 m337.5 m
USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014FY, 2015FY, 2016


47 m57.2 m44.7 m86.4 m69.6 m50.7 m55.8 m


124.6 m131.6 m

Current Assets

1.4 b1.4 b


1.3 b1.4 b

Total Assets

6 b6.1 b

Total Debt

250.1 m250.1 m

Current Liabilities

1.1 b1.1 b

Additional Paid-in Capital

853.8 m914.7 m

Retained Earnings

2.2 b2.4 b

Total Equity

2 b

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

3 x
USDFY, 2015FY, 2016

Net Income

368.1 m337.5 m

Accounts Receivable

(925 k)42.9 m


(31.9 m)(8.8 m)

Cash From Operating Activities

718 m743.9 m

Capital Expenditures

(468.8 m)(456.9 m)

Cash From Investing Activities

(496.8 m)(530.5 m)

Long-term Borrowings

(415.9 m)(266.4 m)

Cash From Financing Activities

(240.1 m)(208.3 m)

Free Cash Flow

1.2 b1.2 b

Airgas Online and Social Media Presence

Airgas News and Updates

Airgas Company Life and Culture

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