AIR PRODUCTS & CHEMICALS INC (APD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:APD - US0091581068 - Common Stock
258.18 USD
-9.35 (-3.49%)
258.18 USD
0 (0%)
Taking everything into account, APD scores 3 out of 10 in our fundamental rating. APD was compared to 82 industry peers in the Chemicals industry. There are concerns on the financial health of APD while its profitability can be described as average. APD does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- In the past year APD was profitable.
- In the past year APD had a positive cash flow from operations.
- APD had positive earnings in 4 of the past 5 years.
- In the past 5 years APD always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of -0.96%, APD is in line with its industry, outperforming 43.90% of the companies in the same industry.
- APD has a Return On Equity (-2.63%) which is comparable to the rest of the industry.
- Looking at the Return On Invested Capital, with a value of 6.23%, APD is in the better half of the industry, outperforming 69.51% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for APD is in line with the industry average of 6.11%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.96% | ||
| ROE | -2.63% | ||
| ROIC | 6.23% |
ROA(3y)5.3%
ROA(5y)6.4%
ROE(3y)11.97%
ROE(5y)13.72%
ROIC(3y)6.89%
ROIC(5y)7.28%
1.3 Margins
- APD's Operating Margin of 23.74% is amongst the best of the industry. APD outperforms 91.46% of its industry peers.
- In the last couple of years the Operating Margin of APD has remained more or less at the same level.
- With a Gross Margin value of 31.41%, APD perfoms like the industry average, outperforming 58.54% of the companies in the same industry.
- In the last couple of years the Gross Margin of APD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.74% | ||
| PM (TTM) | N/A | ||
| GM | 31.41% |
OM growth 3Y7.7%
OM growth 5Y-0.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.89%
GM growth 5Y-1.48%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so APD is destroying value.
- APD has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, APD has more shares outstanding
- The debt/assets ratio for APD is higher compared to a year ago.
2.2 Solvency
- APD has an Altman-Z score of 2.49. This is not the best score and indicates that APD is in the grey zone with still only limited risk for bankruptcy at the moment.
- APD's Altman-Z score of 2.49 is fine compared to the rest of the industry. APD outperforms 71.95% of its industry peers.
- APD has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
- APD has a Debt to Equity ratio of 1.13. This is in the lower half of the industry: APD underperforms 69.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.49 |
ROIC/WACC0.49
WACC12.61%
2.3 Liquidity
- A Current Ratio of 1.38 indicates that APD should not have too much problems paying its short term obligations.
- The Current ratio of APD (1.38) is worse than 78.05% of its industry peers.
- A Quick Ratio of 1.20 indicates that APD should not have too much problems paying its short term obligations.
- APD's Quick ratio of 1.20 is in line compared to the rest of the industry. APD outperforms 47.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
- APD shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.22%.
- Measured over the past 5 years, APD shows a small growth in Earnings Per Share. The EPS has been growing by 7.07% on average per year.
- APD shows a decrease in Revenue. In the last year, the revenue decreased by -0.52%.
- The Revenue has been growing slightly by 6.33% on average over the past years.
EPS 1Y (TTM)-3.22%
EPS 3Y4.94%
EPS 5Y7.07%
EPS Q2Q%-4.78%
Revenue 1Y (TTM)-0.52%
Revenue growth 3Y-1.77%
Revenue growth 5Y6.33%
Sales Q2Q%-0.65%
3.2 Future
- APD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.88% yearly.
- Based on estimates for the next years, APD will show a small growth in Revenue. The Revenue will grow by 6.78% on average per year.
EPS Next Y9.02%
EPS Next 2Y8.07%
EPS Next 3Y8.66%
EPS Next 5Y7.88%
Revenue Next Year3.79%
Revenue Next 2Y4.86%
Revenue Next 3Y5.61%
Revenue Next 5Y6.78%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 21.46 indicates a rather expensive valuation of APD.
- Compared to the rest of the industry, the Price/Earnings ratio of APD is on the same level as its industry peers.
- APD is valuated rather cheaply when we compare the Price/Earnings ratio to 26.94, which is the current average of the S&P500 Index.
- APD is valuated rather expensively with a Price/Forward Earnings ratio of 19.69.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of APD is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 23.94. APD is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.46 | ||
| Fwd PE | 19.69 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, APD is valued a bit more expensive than 67.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.57 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates APD does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.38
PEG (5Y)3.04
EPS Next 2Y8.07%
EPS Next 3Y8.66%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.69%, APD has a reasonable but not impressive dividend return.
- APD's Dividend Yield is a higher than the industry average which is at 2.28.
- Compared to an average S&P500 Dividend Yield of 1.83, APD pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
5.2 History
- The dividend of APD is nicely growing with an annual growth rate of 7.30%!
- APD has been paying a dividend for at least 10 years, so it has a reliable track record.
- APD has decreased its dividend recently.
Dividend Growth(5Y)7.3%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- APD has negative earnings and hence a negative payout ratio. The dividend may be in danger.
- APD's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP-401.55%
EPS Next 2Y8.07%
EPS Next 3Y8.66%
258.18
-9.35 (-3.49%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)01-30 2026-01-30/bmo
Inst Owners94.93%
Inst Owner Change-0.03%
Ins Owners1.88%
Ins Owner Change2.93%
Market Cap57.47B
Revenue(TTM)12.04B
Net Income(TTM)-394.50M
Analysts74.29
Price Target299.81 (16.12%)
Short Float %2.77%
Short Ratio3.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
Yearly Dividend7.12
Dividend Growth(5Y)7.3%
DP-401.55%
Div Incr Years1
Div Non Decr Years1
Ex-Date01-02 2026-01-02 (1.79)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.68%
Min EPS beat(2)-0.83%
Max EPS beat(2)2.18%
EPS beat(4)1
Avg EPS beat(4)-1.26%
Min EPS beat(4)-5.81%
Max EPS beat(4)2.18%
EPS beat(8)4
Avg EPS beat(8)-0.21%
EPS beat(12)7
Avg EPS beat(12)-0.09%
EPS beat(16)9
Avg EPS beat(16)0.11%
Revenue beat(2)1
Avg Revenue beat(2)-0.33%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)0.62%
Revenue beat(4)1
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-1.31%
Max Revenue beat(4)0.62%
Revenue beat(8)1
Avg Revenue beat(8)-2.42%
Revenue beat(12)2
Avg Revenue beat(12)-2.88%
Revenue beat(16)5
Avg Revenue beat(16)-0.92%
PT rev (1m)-4.87%
PT rev (3m)-9.82%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)-1.28%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)0.42%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)-1.41%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.46 | ||
| Fwd PE | 19.69 | ||
| P/S | 4.77 | ||
| P/FCF | N/A | ||
| P/OCF | 17.65 | ||
| P/B | 3.82 | ||
| P/tB | 4.17 | ||
| EV/EBITDA | 16.57 |
EPS(TTM)12.03
EY4.66%
EPS(NY)13.11
Fwd EY5.08%
FCF(TTM)-16.92
FCFYN/A
OCF(TTM)14.63
OCFY5.67%
SpS54.08
BVpS67.5
TBVpS61.85
PEG (NY)2.38
PEG (5Y)3.04
Graham Number135.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.96% | ||
| ROE | -2.63% | ||
| ROCE | 7.76% | ||
| ROIC | 6.23% | ||
| ROICexc | 6.56% | ||
| ROICexgc | 6.81% | ||
| OM | 23.74% | ||
| PM (TTM) | N/A | ||
| GM | 31.41% | ||
| FCFM | N/A |
ROA(3y)5.3%
ROA(5y)6.4%
ROE(3y)11.97%
ROE(5y)13.72%
ROIC(3y)6.89%
ROIC(5y)7.28%
ROICexc(3y)7.39%
ROICexc(5y)8.33%
ROICexgc(3y)7.7%
ROICexgc(5y)8.79%
ROCE(3y)8.6%
ROCE(5y)9.08%
ROICexgc growth 3Y-12.25%
ROICexgc growth 5Y-10.36%
ROICexc growth 3Y-11.59%
ROICexc growth 5Y-9.49%
OM growth 3Y7.7%
OM growth 5Y-0.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.89%
GM growth 5Y-1.48%
F-Score2
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.84 | ||
| Cap/Depr | 448.96% | ||
| Cap/Sales | 58.34% | ||
| Interest Coverage | 14.87 | ||
| Cash Conversion | 73.65% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 2.49 |
F-Score2
WACC12.61%
ROIC/WACC0.49
Cap/Depr(3y)419.31%
Cap/Depr(5y)332.63%
Cap/Sales(3y)50.41%
Cap/Sales(5y)39.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.22%
EPS 3Y4.94%
EPS 5Y7.07%
EPS Q2Q%-4.78%
EPS Next Y9.02%
EPS Next 2Y8.07%
EPS Next 3Y8.66%
EPS Next 5Y7.88%
Revenue 1Y (TTM)-0.52%
Revenue growth 3Y-1.77%
Revenue growth 5Y6.33%
Sales Q2Q%-0.65%
Revenue Next Year3.79%
Revenue Next 2Y4.86%
Revenue Next 3Y5.61%
Revenue Next 5Y6.78%
EBIT growth 1Y-2.79%
EBIT growth 3Y5.8%
EBIT growth 5Y5.33%
EBIT Next Year89.03%
EBIT Next 3Y29.48%
EBIT Next 5Y19.59%
FCF growth 1Y-19.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-10.69%
OCF growth 3Y0.27%
OCF growth 5Y-0.05%
AIR PRODUCTS & CHEMICALS INC / APD FAQ
What is the fundamental rating for APD stock?
ChartMill assigns a fundamental rating of 3 / 10 to APD.
What is the valuation status for APD stock?
ChartMill assigns a valuation rating of 1 / 10 to AIR PRODUCTS & CHEMICALS INC (APD). This can be considered as Overvalued.
Can you provide the profitability details for AIR PRODUCTS & CHEMICALS INC?
AIR PRODUCTS & CHEMICALS INC (APD) has a profitability rating of 5 / 10.
What is the valuation of AIR PRODUCTS & CHEMICALS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AIR PRODUCTS & CHEMICALS INC (APD) is 21.46 and the Price/Book (PB) ratio is 3.82.
Can you provide the financial health for APD stock?
The financial health rating of AIR PRODUCTS & CHEMICALS INC (APD) is 2 / 10.