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Airgas

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Energy & UtilitiesRetailchemicalsecommerceoil & gasprotective equipmentwelding
Airgas is a company that supplies industrial, medical, and specialty gases as well as hardgoods and related products. It also provides safety solutions, welding automation tools, specialty gas equipment, ammonia products, and process chemicals. The company caters to the construction, energy and chemicals, food, life sciences, healthcare, and other markets.
Revenue(FY, 2019)
$9.9 B

Employee Rating

3.7
TypeSubsidiary
Parent CompanyAir Liquide
HQRadnor, PA, US
Founded1982
Websiteairgas.com
Cybersecurity ratingCMore
Airgas was founded in 1982 and is headquartered in Radnor, PA, US
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Key People/Management at Airgas

Marcelo Fioranelli

Marcelo Fioranelli

Chief Executive Officer
Donald Carlino

Donald Carlino

Senior Vice President of Corporate Development
Tom Thoman

Tom Thoman

Senior Vice President, Merchant Gases
Ken Place

Ken Place

Vice President, Finance and Customer Analytics
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Airgas Office Locations

Airgas has offices in Radnor and Columbia
Radnor, PA, US (HQ)
259 N Radnor Chester Rd #100
Columbia, SC, US
1639 Shop Rd
Show all (2)

Airgas Financials and Metrics

Summary Metrics

Founding Date

1982
Airgas is a subsidiary of Air Liquide

Airgas Revenue

Airgas's revenue was reported to be $9.93 b in FY, 2019
Annual
USDFY, 2016FY, 2017EFY, 2018EFY, 2019E

Revenue

5.3b8.2b8.8b9.9b

Revenue growth, %

Cost of goods sold

2.3b

Gross profit

3.0b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016

Revenue

1.3b1.4b1.3b

Cost of goods sold

597.2m601.2m553.6m

Gross profit

752.5m773.4m741.8m

Gross profit Margin, %

56%56%57%
show all
Annual
USDFY, 2016

Cash

55.8m

Accounts Receivable

667.4m

Prepaid Expenses

131.6m

Inventories

459.5m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016

Cash

72.2m58.1m46.9m

Accounts Receivable

718.9m720.2m671.5m

Prepaid Expenses

93.1m107.4m165.7m

Inventories

460.8m471.4m485.2m
show all
Annual
USDFY, 2016

Net Income

337.5m

Depreciation and Amortization

352.7m

Inventories

19.0m

Accounts Payable

(42.9m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016

Net Income

88.2m186.3m260.1m

Depreciation and Amortization

86.2m174.1m262.8m

Inventories

15.1m6.6m(6.8m)

Accounts Payable

(18.1m)(11.7m)(48.7m)
show all
USDQ1, 2016

Debt/Equity

1.2 x

Debt/Assets

0.4 x

Financial Leverage

2.9 x
Show all financial metrics

Airgas Operating Metrics

FY, 2015FY, 2016Sep, 2021

Locations

1.1 k1.1 k1.4 k

States

5050

Branches

900900

Dry Ice Plants

1414

Airgas Acquisitions / Subsidiaries

Company NameDateDeal Size
Tech AirFebruary 06, 2019
Carbonic SystemsApril 09, 2018
Clark Industrial SupplyJune 16, 2016
Monroe Welding SupplyJune 16, 2016
WeldinghouseJuly 21, 2015
Priority Energy ServicesJuly 20, 2015
Valley Air SupplyMay 12, 2015
Encompass Gas GroupOctober 07, 2013
Pain EnterprisesMay 11, 2011
Conley GasJanuary 03, 2011
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Airgas Revenue Breakdown

Embed Graph

Airgas revenue breakdown by business segment: 88.1% from Distribution and 11.9% from All Other Operations

Airgas Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

Learn more about our premium products
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Airgas Online and Social Media Presence

Airgas's Trends

Embed Graph

Airgas Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    D+

    62/100

  • Compensation

    B

    70/100

  • Diversity

    D

    54/100

Learn more on Comparably

Airgas News and Updates

January 11, 2022

Airgas to Feature Efficient and Sustainable Solutions for Food Industry at IPPE 2022

Airgas, an Air Liquide company, will showcase equipment and applications expertise to help produce a sustainable future for the food industry at the 2022 International Production & Processing Expo (IPPE). Airgas food industry specialists will present at IPPE in Atlanta’s Georgia World Congress C…
October 02, 2021

Proud to support the growing manufacturing industry as a reliable supply partner

#Airgas is proud to support the growing manufacturing industry as a reliable supply partner to help improve product quality, efficiency and key learnings from our experienced specialists.
September 27, 2021

Airgas Constructing Argon Rail Depot & Storage Facility

The Coal City Village Board recently approved several items allowing for an argon rail depot and storage facility to locate on a 60 acre site at 2860 South Broadway Street.
September 17, 2021

Airgas Employees Free from Unwanted Union after Teamsters Flee Workplace to Avoid Vote

Following Airgas USA employee Angel Herrera and his coworkers’ yearlong effort seeking to end the union’s control at their workplace, Teamsters Local 848 officials have filed documents with the National Labor Relations Board (NLRB) ending their monopoly bargaining power over all workers at the Airga…
September 07, 2021

Airgas wants to build storage tanks at Guilderland industrial park

Industrial gas supplier Airgas wants to build a storage and distribution facility at the Northeast Industrial Park in Guilderland that would include 10 tanks each nearly 50 feet high.
June 08, 2021

Airgas announces Expansion of High School Welding Education Initiative

Airgas, an Air Liquide company and a leading supplier of industrial, medical and specialty gases, safety and welding products, announces the expansion of its High School Welding Education Initiative to 23 new schools and 6 returning schools. These programs were selected from a large number of excell…
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 Airgas Frequently Asked Questions

  • When was Airgas founded?

    Airgas was founded in 1982.

  • Who are Airgas key executives?

    Airgas's key executives are Marcelo Fioranelli, Donald Carlino and Tom Thoman.

  • How many employees does Airgas have?

    Airgas has 18,000 employees.

  • What is Airgas revenue?

    Latest Airgas annual revenue is $9.9 b.

  • What is Airgas revenue per employee?

    Latest Airgas revenue per employee is $551.5 k.

  • Who are Airgas competitors?

    Competitors of Airgas include Air Products, Taiyo Nippon Sanso and Celanese.

  • Where is Airgas headquarters?

    Airgas headquarters is located at 259 N Radnor Chester Rd #100, Radnor.

  • Where are Airgas offices?

    Airgas has offices in Radnor and Columbia.

  • How many offices does Airgas have?

    Airgas has 2 offices.