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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Air Products and Chemicals

Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. It operates through the following segments: Industrial Gases-Americas, Industrial Gases-EMEA (Europe, Middle East, and Africa), Industrial Gases-Asia, Industrial Gases-Global, and Corporate & Other. The Industrial Gases-America, EMEA, and Asia segment markets and produces atmospheric gases, such as oxygen, nitrogen, argon, and rare gases, process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas, and specialty gases and equipment for the production and processing of gases, such as air separation units and non-cryogenic generators. The Industrial Gases-Global segment comprises cryogenic and gas processing equipment for air separation. The Corporate & Other segment includes LNG equipment and helium storage and distribution sale of equipment businesses and corporate support functions. The company was founded by Leonard Parker Pool on September 30, 1940 and is headquartered in Allentown, PA.

Earnings data Q2 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

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Air Products reports resilient Q1 earnings, focuses on green hydrogen

Air Products delivered strong Q1 performance with earnings per share growth and dividend increases, driven by key projects in green hydrogen and gasification. Despite challenges in global markets, the company remains optimistic about future prospects and emphasizes strategic focus on sustainable energy solutions. Managing project financing, pricing dynamics, and inflation risks are key challenges that require attention, while opportunities for growth exist in expanding green hydrogen initiatives and adapting to market trends.

Air Products excels in Q2 earnings, poised for green hydrogen growth

Air Products and Chemicals delivered strong financial performance in Q2, with a focus on hydrogen projects and green initiatives driving growth. While facing challenges in forecasting energy costs and technology licensing, the company is well-positioned to capitalize on opportunities in green hydrogen production and project financing. Overall, Air Products' strategic focus on sustainability and innovation bodes well for future success.

Air Products (APD) reports robust Q3 earnings amidst macro uncertainties

Air Products and Chemicals (APD) delivered strong Q3 results, showcasing growth in earnings and a strategic focus on clean hydrogen projects. While facing macroeconomic uncertainties, the company remains committed to sustainability, stable pricing, and project execution, positioning itself for future opportunities.

Air Products (APD) excels in Q4 earnings, eyes hydrogen growth

Air Products and Chemicals (APD) reported robust Q4 earnings, driven by successful strategy execution in hydrogen projects and a strong backlog. The company's commitment to financial discipline, safety, and shareholder value maximization positions it well for future growth. Challenges in managing cash flows and market dynamics in Asia require strategic attention.

Air Products posts 7% EPS growth, eyes sustainability for future

Air Products reports solid financial performance with increased EPS and dividend. Challenges include economic headwinds and helium demand issues. Company focuses on sustainability and growth strategies, anticipating continued growth in EPS.

Air Products surpasses Q2 earnings, eyes sustainable growth strategies

Air Products' Q2 performance exceeded expectations, emphasizing sustainability and profitability.
Challenges include economic uncertainties in Asia and significant maintenance expenses in 3Q.
Strengths lie in long-term growth goals, market positioning, and adaptability to market changes.
Opportunities exist in unique product offerings, market expansion, and value creation through project realization.

Air Products (APD) surpasses Q3 earnings expectations, secures key agreements

Air Products and Chemicals (APD) delivered a strong performance in Q3 2024, exceeding earnings expectations and achieving significant milestones. While facing challenges related to project execution and pricing strategies, the company remains focused on its growth strategy and profitability. With a positive outlook and emphasis on transparency, APD is well-positioned to capitalize on opportunities in the market.

Air Products reports robust Q4 results, eyes growth in clean energy

Air Products' Q4 earnings call highlighted strong performance, safety achievements, and growth strategies in core industrial gases and clean energy. The company faces challenges in project execution and pricing dynamics but sees opportunities in clean hydrogen initiatives and strategic partnerships.

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Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. It operates through the following segments: Americas, Asia, Europe, Middle East and India, and Corporate and Other. The Americas, Asia, Europe, and Middle East and India segments focuses on producing and selling gases to customers, including those in refining, chemicals, metals, electronics, manufacturing, medical, and food industries. The Corporate and Other segment is involved in sales of cryogenic and gas processing equipment for air separation that is sold worldwide to customers in a variety of industries, including chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. The company was founded by Leonard Parker Pool on September 30, 1940 and is headquartered in Allentown, PA.

Air Products (APD) sees lower sales in Q3 as higher prices are more than offset by lower energy cost pass-through and unfavorable currency swings.

Air Products' (APD) Q3 Earnings Top Estimates, Revenues Miss

Air Products and Chemicals (APD) came out with quarterly earnings of $3.20 per share, beating the Zacks Consensus Estimate of $3.04 per share. This compares to earnings of $2.98 per share a year ago.

Air Products and Chemicals (APD) Q3 Earnings Beat Estimates

Q3 FY24 (comparisons versus prior year): GAAP EPS# of $3.13, up 17 percent; GAAP net income of $709 million, up 16 percent; and GAAP net income margin of 23.7 percent, up 360 basis points Adjusted EPS* of $3.20, up seven percent; adjusted EBITDA* of $1.3 billion, up five percent; and adjusted EBITDA margin* of 42.4 percent, up 260 basis points Recent Highlights Clean hydrogen / energy transition Signed a 15-year agreement to supply 70,000 tons of green hydrogen annually starting in 2030, helping to decarbonize TotalEnergies' Northern European refineries and avoid approximately 700,000 tons of CO₂ each year Announced agreement to divest Air Products' liquefied natural gas (LNG) process technology and equipment business to Honeywell for $1.81 billion in an all-cash transaction; closing is expected before the end of the calendar year, subject to customary closing conditions, including receipt of certain regulatory approvals Announced plans to build networks of permanent, commercial-scale, multi-modal hydrogen refueling stations from Northern California to Southern California, and along major transportation corridors near the Trans-European Transport Network Announced trial of a Daimler Mercedes-Benz GenH2 truck, aligned with Air Products' goal to convert its distribution fleet to hydrogen powered vehicles Core industrial gas business Announced plans to construct two new air separation units at the Company's existing Conyers, Georgia, and Reidsville, North Carolina, locations to replace older units and serve further merchant market growth Announced $70 million investment to expand gas separation and purification membranes at Company's Missouri manufacturing and logistics center, driven by growing product demand in biogas and hydrogen recovery applications, as well as customer needs for the use of nitrogen for the aerospace industry and cleaner fuels for the marine industry Sustainability      Awarded 'A' rating on MSCI's environmental, social and governance ratings Guidance Confirmed previous fiscal 2024 full-year adjusted EPS guidance* of $12.20 to $12.50, up six to nine percent over prior year adjusted EPS*; fiscal 2024 fourth quarter adjusted EPS guidance* of $3.33 to $3.63 Continue to expect fiscal year 2024 capital expenditures* in the range of $5.0 billion to $5.5 billion # Earnings per share is calculated and presented on a diluted basis from continuing operations attributable to Air Products. *Certain results in this release, including in the highlights above, include references to non-GAAP financial measures on a consolidated, continuing operations basis and a segment basis.

Air Products Reports Fiscal 2024 Third Quarter GAAP EPS of $3.13 and Adjusted EPS of $3.20

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Evaluate the expected performance of Air Products and Chemicals (APD) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Countdown to Air Products and Chemicals (APD) Q3 Earnings: Wall Street Forecasts for Key Metrics

Air Products and Chemicals (APD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Air Products and Chemicals (APD) Reports Next Week: Wall Street Expects Earnings Growth

LEHIGH VALLEY, Pa. , July 25, 2024 /PRNewswire/ -- Today, Air Products (NYSE: APD) unveiled plans to build a network of permanent, commercial-scale hydrogen refuelling stations (HRSs), strategically located along major transportation corridors near the Trans-European Transport Network (TEN-T).

Air Products Trials First Mercedes-Benz Genh2 Trucks as Part of Pioneering Project with Daimler Truck and Announces Plans for a European Hydrogen Refuelling Network

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Shares of Air Products & Chemicals (APD) dropped Monday after the supplier of industrial gases announced that its chief operating officer will leave the company as it makes management and board adjustments.

Air Products Stock Slides After COO Quits, Company Forms New Management Board

In trading on Monday, shares of Air Products & Chemicals crossed below their 200 day moving average of $257.92, changing hands as low as $254.13 per share. Air Products & Chemicals Inc shares are currently trading down about 2.9% on the day.

Air Products & Chemicals Makes Notable Cross Below Critical Average

Talented Senior Leadership Focused on Executing Company's Two-Pillar Growth Strategy, Delivering the Company's Next-Level of Success, and Generating a Cleaner Future LEHIGH VALLEY, Pa. , July 22, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today announced the formation of a Management Board, effective immediately, bringing together talented senior leadership across the globe to execute the Company's two-pillar growth strategy.

Air Products' Chairman, President and CEO Seifi Ghasemi Announces Formation of Senior Management Board

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Air Products is shifting towards clean hydrogen energy, divesting traditional energy assets, and leading in hydrogen production. The company is investing heavily in hydrogen infrastructure and projects worldwide to drive the global shift to hydrogen. Despite promising prospects, there are risks such as regulatory uncertainties, technology risks, and intense competition in the hydrogen industry.

Air Products and Chemicals: Shifting To Hydrogen Is Forward-Looking But Risky

The new ASUs to be constructed by Air Products (APD) will replace older units, increase capacity at the locations, and are expected to be operational in 2026.

Air Products (APD) to Build & Operate New Air Separation Units

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New ASUs to Improve Productivity, Offer Sustainability Efficiencies  and Operational Flexibility for Established and Growing Merchant Market LEHIGH VALLEY, Pa. , July 17, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced two projects to enhance the sustainability, productivity, and operational flexibility of its base industrial gas business, as well as continuing commitment to the merchant industrial gas market.

Air Products to Build, Own and Operate Two New Air Separation Units at its Facilities in Georgia and North Carolina

LEHIGH VALLEY, Pa. , July 16, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today announced that Eric Guter  will assume the role of Vice President, Investor Relations effective September 30, 2024 succeeding Sidd Manjeshwar who will be leaving the Company to pursue other opportunities.

Air Products Appoints Eric Guter Vice President, Investor Relations

Saudi oil giant Aramco has signed final agreements to buy 50% of the blue hydrogen industrial gases business of Air Products Qudra (APQ), it said on Tuesday, continuing the kingdom's drive to become a major hydrogen producer.

News for Air Products and Chemicals Stock (APD)