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.

Employee Rating

3.9More
TypeSubsidiary
Parent CompanyAir Liquide
HQWayne, PA, US
Founded1982
Websiteairgas.com
Cybersecurity ratingCMore
Airgas was founded in 1982 and is headquartered in Wayne, PA, US

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Key People/Management at Airgas

Pascal Vinet

Pascal Vinet

CEO
Nicolas Droin

Nicolas Droin

CFO
Mike Molinini

Mike Molinini

COO
Michael Pirrello

Michael Pirrello

Chief Industrial Auditor
Bob Bradshaw

Bob Bradshaw

President, Airgas Mid South
Denton Thompson

Denton Thompson

President, Airgas North Central
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Airgas Office Locations

Airgas has an office in Wayne
Wayne, PA, US (HQ)
259 N Radnor Chester Rd #100
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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 $5.31 b in FY, 2016 which is a 0.2% increase from the previous period.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.3b4.7b5.0b5.1b5.3b5.3b

Revenue growth, %

2%5%0%

Cost of goods sold

2.2b2.2b2.2b2.4b2.3b

Gross profit

2.6b2.7b2.8b2.9b3.0b
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

1.1b1.1b1.0b1.2b1.2b1.2b1.3b1.2b1.2b1.3b1.3b1.2b1.3b1.4b1.3b1.3b1.4b1.3b

Cost of goods sold

520.8m568.7m552.3m527.5m575.5m563.0m537.7m583.4m600.5m588.9m597.2m601.2m553.6m

Gross profit

632.9m688.5m677.3m680.3m704.3m719.0m705.2m730.2m757.2m742.9m752.5m773.4m741.8m

Gross profit Margin, %

55%55%55%56%55%56%57%56%56%56%56%56%57%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

57.2m44.7m86.4m69.6m50.7m55.8m

Accounts Receivable

550.3m652.4m710.7m701.1m708.2m667.4m

Prepaid Expenses

119.0m138.3m92.4m124.6m131.6m

Inventories

362.5m408.4m474.8m478.1m474.1m459.5m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

57.9m53.4m35.0m60.5m36.7m45.8m54.9m47.9m66.6m71.0m111.3m62.2m77.3m65.7m73.6m72.2m58.1m46.9m

Accounts Receivable

504.5m520.7m497.6m590.1m601.0m595.5m678.7m686.9m645.2m720.5m701.8m665.0m715.0m719.1m692.7m718.9m720.2m671.5m

Prepaid Expenses

81.9m102.4m114.0m112.4m112.5m160.9m100.0m108.6m127.6m91.0m98.0m150.7m93.1m107.4m165.7m

Inventories

344.6m337.4m359.2m380.3m373.1m393.4m432.2m439.3m462.4m485.9m467.1m489.4m479.6m487.8m499.6m460.8m471.4m485.2m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

249.8m313.4m340.9m350.8m368.1m337.5m

Depreciation and Amortization

225.4m245.1m288.9m305.3m329.1m352.7m

Inventories

(28.6m)(29.3m)(62.3m)2.3m5.1m19.0m

Accounts Payable

6.0m10.0m(2.6m)4.7m5.0m(42.9m)
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

64.8m131.4m187.2m74.8m152.5m224.8m90.8m81.0m254.7m84.7m179.7m262.4m88.9m187.2m280.4m88.2m186.3m260.1m

Depreciation and Amortization

54.3m110.5m166.6m60.3m120.6m182.2m64.4m64.6m194.8m74.3m150.0m227.6m80.4m161.5m245.0m86.2m174.1m262.8m

Inventories

(10.7m)(3.4m)(25.0m)(14.8m)(6.8m)(27.1m)(24.1m)(50.0m)(11.0m)8.4m(9.9m)347.0k(7.2m)(21.0m)15.1m6.6m(6.8m)

Accounts Payable

(6.5m)(4.4m)(39.2m)(2.1m)(9.7m)(9.8m)2.7m(19.6m)(14.0m)(13.9m)(26.7m)(7.5m)6.5m5.2m(18.1m)(11.7m)(48.7m)
USDQ1, 2011

Financial Leverage

2.6 x
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Airgas Operating Metrics

FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016

Acquisitions

1457518

Branches

900900

Locations

1.1 k1.1 k

Trademarks

4954
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Airgas Acquisitions / Subsidiaries

Company NameDateDeal Size
Airgas Canada Inc.
Airgas Carbonic, Inc. dba Airgas Dry Ice    
Airgas Data, LLC
Airgas Doral, Inc.
Airgas, Inc.
Airgas Logistics S.A. de C.V.
Airgas Merchant Gases, LLC
Airgas On-Site Safety Services, Inc.
Airgas Priority Nitrogen, LLC
Airgas-Refrigerants, Inc.
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Airgas Revenue Breakdown

Embed Graph

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

Airgas Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Airgas Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Airgas Online and Social Media Presence

Embed Graph

Airgas Company Culture

  • Overall Culture

    B-

    68/100

  • CEO Rating

    C+

    66/100

  • Compensation

    C+

    65/100

Learn more on Comparably

Airgas News and Updates

Airgas Launches New Line of RADNOR® Welding Helmets Featuring 3M™ Speedglas™ Technology

Airgas®, an Air Liquide company and a leading supplier of safety and welding products, is partnering with 3M, a leader in personal protective equipment solutions, to launch a newly branded line of RADNOR® welding helmets and accessories using 3M™ Speedglas™ technology. This new welding helmet line i…

Stephenson receives welding equipment

Airgas Account Manager Leah Chaltry presented Airgas’s 2020 High School Welding Education Initiative donation award to Stephenson High School former Principal Peggy Grille and Welding Instructor Dale McCulley. The award package included four Miller Multimatic 220 welders, four auto-darkening welding…

CSB Releases Airgas Safety Spotlight

Today the U.S. Chemical Safety and Hazard Investigation Board (CSB) released a new “Safety Spotlight” highlighting the positive actions of Airgas, Inc., an Air Liquide Company (Airgas). Airgas rapidly implemented a robust process safety management program in response to a CSB recommendation followi…

Airgas keeping up with oxygen demand in New York City

Airgas, an Air Liquide company, has been delivering an average of 2,700 oxygen cylinders daily to customers in New York City as the coronavirus pandemic continues to unfold at a staggering pace. On the ground, the company’s bulk field technicians have been heroically working behind the scenes to …

Airgas provides coronavirus update

Airgas, an Air Liquide company, has today shared how the company is tackling the coronavirus crisis. In an update from Pascal Vinet, CEO of Airgas, the company expressed that safety comes first and it is continuing to prioritise the safety of its customers. “Knowing that the oxygen we deliver …

Airgas recognized as one of nation’s top military friendly employers

Airgas, an Air Liquide company, has earned Silver Recognition and been named by VIQTORY to the 2020 Military Friendly® Employers list. Airgas was recognized as one of 290 employers earning this prestigious designation, which sets the standard for organizations providing the best opportunities for ve…

Airgas Frequently Asked Questions

  • When was Airgas founded?

    Airgas was founded in 1982.

  • Who are Airgas key executives?

    Airgas's key executives are Pascal Vinet, Nicolas Droin and Mike Molinini.

  • How many employees does Airgas have?

    Airgas has 18,000 employees.

  • What is Airgas revenue?

    Latest Airgas annual revenue is $5.3 b.

  • What is Airgas revenue per employee?

    Latest Airgas revenue per employee is $295.2 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, Wayne.

  • Where are Airgas offices?

    Airgas has an office in Wayne.

  • How many offices does Airgas have?

    Airgas has 1 office.