Praxair is a company that produces and distributes industrial gases. It specializes in atmospheric gases (oxygen, nitrogen, argon), process gases (carbon dioxide, helium, hydrogen), specialty gases, etc. Additionally, the company supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders to the aircraft, energy, printing, primary metals, petrochemical, textile, and other industries. Praxair merged with Linde Aktiengesellschaft to form Linde.

Employee Rating

3.3More
TypeSubsidiary
Parent CompanyLinde
HQDanbury, CT, US
Founded1907
Websitepraxair.com
Praxair was founded in 1907 and is headquartered in Danbury, CT, US

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Key People/Management at Praxair

Steve Angel

Steve Angel

Chief Executive Officer
Matthew J. White

Matthew J. White

Senior Vice President & Chief Financial Officer
Eduardo Menezes

Eduardo Menezes

Executive Vice President
Anne K. Roby

Anne K. Roby

Senior Vice President
Guillermo Bichara

Guillermo Bichara

Vice President, General Counsel & Corporate Secretary
Vanessa Abrahams-John

Vanessa Abrahams-John

Executive Director of Global Diversity, Inclusion & Talent Acquisition
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Praxair Office Locations

Praxair has offices in Danbury, Burlington, Burr Ridge, Fontana and in 58 other locations
Danbury, CT, US (HQ)
10 Riverview Dr
Burlington, NJ, US
111 Connecticut Dr
Burr Ridge, IL, US
7000 High Grove Blvd
Fontana, CA, US
10829 S Etiwanda Ave
Gonzales, LA, US
3237 S Burnside Ave
Griffith, IN, US
2024 N Lafayette Ct
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Praxair Financials and Metrics

Summary Metrics

Founding Date

1907

Total Funding

$195.2 k

Investors

In total, Praxair had raised $195.2 k. Praxair is a subsidiary of Linde

Praxair Revenue

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Praxair's revenue was reported to be $11.44 b in FY, 2017 which is a 8.6% increase from the previous period.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

10.8b10.5b11.4b

Revenue growth, %

(12%)(2%)9%

Cost of goods sold

6.0b5.9b6.5b

Gross profit

4.8b4.7b5.0b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

2.8b2.7b2.7b2.5b2.7b2.7b2.7b2.8b2.9b3.0b3.1b3.0b

Cost of goods sold

1.5b1.5b1.5b1.4b1.5b1.5b1.5b1.6b1.7b1.7b1.7b1.7b

Gross profit

1.2b1.2b1.2b1.1b1.2b1.2b1.2b1.2b1.3b1.3b1.3b1.3b

Gross profit Margin, %

45%45%45%45%45%44%43%44%43%44%44%43%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

147.0m524.0m617.0m

Accounts Receivable

1.6b1.6b1.8b

Prepaid Expenses

347.0m165.0m250.0m

Inventories

531.0m550.0m614.0m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

1.6b1.5b1.3b

Depreciation and Amortization

1.1b1.1b1.2b

Inventories

(23.0m)(13.0m)(22.0m)

Accounts Payable

(40.0m)92.0m22.0m
USDQ1, 2015

Debt/Equity

1.7 x

Debt/Assets

0.5 x

Financial Leverage

3.5 x
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Praxair Operating Metrics

FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Air Separation Plants (Asia)

50556070

Air Separation Plants (Europe)

60607070

Air Separation Plants (North America)

245255255260

Backlog

$1.9 b$1.5 b$1.5 b$1.3 b$1.4 b$1.5 b$1.5 b$1.4 b$1.5 b$1.5 b$1.5 b$1.7 b$2.2 b
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Praxair Acquisitions / Subsidiaries

Company NameDateDeal Size
10 Riverview Drive LLC
Acetylene Oxygen Company
Almacenes Geneva S.A.
Antwerpse Chemische Bedrijven (LCB) N. V.
Argon (Isotank) Limited
Argyle Welding Supply Company, Inc.
Beijing Praxair Huashi Carbon Dioxide Co., Ltd.
Beijing Praxair, Inc.
Coatec Gesellschaft für Oberflächenveredelung mbH
Consultora Rynuter S.A.
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Praxair Revenue Breakdown

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Praxair revenue breakdown by business segment: 69.4% from Atmospheric Gases and Related, 5.4% from Surface technologies and 25.2% from Process Gases and Other

Praxair revenue breakdown by geographic segment: 13.6% from Europe, 15.2% from Asia, 52.7% from North America, 13.1% from South America and 5.4% from Other

Praxair Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Praxair Online and Social Media Presence

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Praxair Company Culture

  • Overall Culture

    A+

    96/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Praxair News and Updates

Praxair Announces Name Change to Linde

Linde today announced that its U.S. subsidiary, Praxair, Inc., will begin operating under the Linde name, effective September 1. This name change reflects the company’s evolution following the merger of Praxair, Inc. and Linde AG. Operating under the Linde brand, the company has established a vision…

Linde’s Acquisition Of Praxair Has Not Created Shareholder Value

Last week, analysts parsed 501 filings and collected 55,615 data points. In total, they made 9,915 accounting adjustments with a dollar value of $2.9 trillion.

CNG ISO Tank Container 2018 Global Market Key Players - Hexagon Composites, Luxfer Group, Quantum Technologies, Everest Kanto Cylinders, Praxair Technologies, Faber Industrie......

CNG ISO Tank Container – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday

UPDATE 1-Linde, Praxair get EU approval for $82 bln deal, await U.S. decision

German industrial gases group Linde and U.S. rival Praxair secured conditional EU antitrust approval on Monday for their $82 billion merger but still have to clear a major hurdle with U.S. enforcers.

Stocks making the biggest moves premarket: PEP, BRKB, CAH, TSN, PX & more

Names on the move ahead of the open.

UPDATE 1-Linde sells assets for $3.3 billion to help get Praxair deal cleared

* Most of Linde's U.S. assets, some Latam ops go to consortium
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Praxair Frequently Asked Questions

  • When was Praxair founded?

    Praxair was founded in 1907.

  • Who are Praxair key executives?

    Praxair's key executives are Steve Angel, Matthew J. White and Eduardo Menezes.

  • How many employees does Praxair have?

    Praxair has 26,714 employees.

  • What is Praxair revenue?

    Latest Praxair annual revenue is $11.4 b.

  • What is Praxair revenue per employee?

    Latest Praxair revenue per employee is $428.1 k.

  • Who are Praxair competitors?

    Competitors of Praxair include American Air Liquide, Messer and Bodycote.

  • Where is Praxair headquarters?

    Praxair headquarters is located at 10 Riverview Dr, Danbury.

  • Where are Praxair offices?

    Praxair has offices in Danbury, Burlington, Burr Ridge, Fontana and in 58 other locations.

  • How many offices does Praxair have?

    Praxair has 62 offices.