AIR PRODUCTS & CHEMICALS INC (APD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:APD - US0091581068 - Common Stock
266.465 USD
-0.58 (-0.22%)
We assign a fundamental rating of 3 out of 10 to APD. 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 has a expensive valuation and it also scores bad on growth.
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.
Of the past 5 years APD 4 years were profitable.
Each year in the past 5 years APD had a positive operating cash flow.
1.2 Ratios
APD's Return On Assets of -0.96% is in line compared to the rest of the industry. APD outperforms 43.90% of its industry peers.
Looking at the Return On Equity, with a value of -2.63%, APD is in line with its industry, outperforming 45.12% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.23%, APD is doing good in 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 6.10%.
| 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
With an excellent Operating Margin value of 23.74%, APD belongs to the best of the industry, outperforming 91.46% of the companies in the same industry.
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.
APD's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for APD remains at a similar level compared to 1 year ago.
Compared to 5 years ago, APD has more shares outstanding
APD has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.54 indicates that APD is not a great score, but indicates only limited risk for bankruptcy at the moment.
APD has a Altman-Z score of 2.54. This is in the better half of the industry: APD outperforms 74.39% 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 | 2.54 |
ROIC/WACC0.49
WACC12.64%
2.3 Liquidity
A Current Ratio of 1.38 indicates that APD should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.38, APD is doing worse than 78.05% of the companies in the same industry.
A Quick Ratio of 1.20 indicates that APD should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.20, APD perfoms like the industry average, outperforming 46.34% of the companies in the same industry.
| 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%.
The Earnings Per Share has been growing slightly by 7.07% on average over the past years.
The Revenue has decreased by -0.52% in the past year.
Measured over the past years, APD shows a small growth in Revenue. The Revenue has been growing by 6.33% on average per year.
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
The Earnings Per Share is expected to grow by 7.88% on average over the next years.
The Revenue is expected to grow by 6.78% on average over the next years.
EPS Next Y9.02%
EPS Next 2Y8.07%
EPS Next 3Y8.66%
EPS Next 5Y7.88%
Revenue Next Year3.93%
Revenue Next 2Y5.02%
Revenue Next 3Y5.96%
Revenue Next 5Y6.78%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.15, APD is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of APD is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.25. APD is around the same levels.
With a Price/Forward Earnings ratio of 20.32, APD is valued on the expensive side.
APD's Price/Forward Earnings ratio is in line with the industry average.
APD is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.15 | ||
| Fwd PE | 20.32 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, APD is valued a bit more expensive than 70.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.02 |
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)2.46
PEG (5Y)3.13
EPS Next 2Y8.07%
EPS Next 3Y8.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.74%, APD has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.34, APD pays a bit more dividend than its industry peers.
APD's Dividend Yield is a higher than the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
5.2 History
The dividend of APD is nicely growing with an annual growth rate of 7.30%!
APD has paid a dividend for at least 10 years, which is 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
The earnings of APD are negative and hence is the payout ratio. APD will probably not be able to sustain this dividend level.
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%
NYSE:APD (1/13/2026, 10:12:34 AM)
266.465
-0.58 (-0.22%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners94.93%
Inst Owner Change-0.02%
Ins Owners1.88%
Ins Owner Change2.93%
Market Cap59.31B
Revenue(TTM)12.04B
Net Income(TTM)-394.50M
Analysts74.29
Price Target300.42 (12.74%)
Short Float %2.62%
Short Ratio3.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
Yearly Dividend7.12
Dividend Growth(5Y)7.3%
DP-401.55%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)-4.68%
PT rev (3m)-9.63%
EPS NQ rev (1m)0.04%
EPS NQ rev (3m)-1.42%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)0.42%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.63%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.15 | ||
| Fwd PE | 20.32 | ||
| P/S | 4.93 | ||
| P/FCF | N/A | ||
| P/OCF | 18.21 | ||
| P/B | 3.95 | ||
| P/tB | 4.31 | ||
| EV/EBITDA | 17.02 |
EPS(TTM)12.03
EY4.51%
EPS(NY)13.11
Fwd EY4.92%
FCF(TTM)-16.92
FCFYN/A
OCF(TTM)14.63
OCFY5.49%
SpS54.08
BVpS67.5
TBVpS61.85
PEG (NY)2.46
PEG (5Y)3.13
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 | 2.54 |
F-Score2
WACC12.64%
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 Year3.93%
Revenue Next 2Y5.02%
Revenue Next 3Y5.96%
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 22.15 and the Price/Book (PB) ratio is 3.95.
Can you provide the financial health for APD stock?
The financial health rating of AIR PRODUCTS & CHEMICALS INC (APD) is 2 / 10.