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Air Products & Chemicals APD

US equityMarket cap rank #256Hydrogen Energy
$286.90
−$0.07 (-0.02%)
Market open · Sep 24, 1:10 pm ET
After hours $286.97 0.00%
Open$287.24
Prev close$286.97
Day range$285.08 – $288.54
Volume294.1K
Market cap$63.89B
P/E (TTM)
Dividend yield2.51%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

APD at a glance

Shares of Air Products & Chemicals are down 0.02% at $286.90. The company is worth $63.89B, number 256 out of 300 on our list.

The 52-week range is $224.64 to $314.87. Today's price is about 69% of the way from the low to the high. Holders are ahead 8.2% over twelve months, and up 3.6% across the last three months.

Price is below the 50-day average ($298.16) but above the 200-day ($282.38); RSI is 44, and the last 30 sessions moved at roughly 20% annualized volatility.

In the quarter ended Jun 2026 the company brought in $3.16B of revenue, up 4.6% from a year earlier, and a net loss of $1.42B.

14 analysts follow the stock and the average call is "buy". The mean target, $339.71, sits 18.4% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Air Products & Chemicals: the business

Air Products supplies industrial gases such as oxygen, nitrogen and hydrogen under long contracts, and is building large hydrogen projects.

What tends to move it. The stock has moved most on the cost and timing of its hydrogen investments, while the core gases business provides steady cash flow and dividends.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
0.0%
1 week
-0.1%
1 month
-6.3%
3 months
+3.6%
6 months
+1.5%
Year to date
+18.5%
1 year
+8.2%
Day range
$285.08$288.54
52-week range
$224.64$314.87

Technical signals

Full technicals →
Trend readLeaning bearish

2 bullish · 5 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-3.1%Bearish
Price vs 50-day average-3.8%Bearish
Price vs 200-day average+1.6%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)43.8Bearish
MACD (12,26,9)-4.37Bearish
Bollinger band position26%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$286.77 / $286.90
Average price today$286.29
Volume294.1KAvg (90d) 1.23M
Turnover$84.20M
Turnover rate0.13%of shares outstanding
Volume ratio0.30vs. recent average pace
Day amplitude1.21%
Market cap$63.89B
Float market cap$63.80B
Shares outstanding222.37M
EPS (TTM)-$1.77
P/B4.60
Book value / share$62.35
Earnings yield0.00%
Dividend (TTM)$7.20 / shareYield 2.51%
Net profit (TTM)-$394.15M
Net assets$13.88B
30-day volatility19.7%annualized
Avg daily range (ATR)1.99%of price, 14 days
Max drawdown (1y)-21.1%-8.7% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How APD ranks on BeStock

Market value#256 of 300
Dividend yield#83 of 244
Closeness to 52-week high#92 of 300
Dollar volume today#255 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q3, ended Jun 2026

Revenue$3.16B+4.6% YoY
Operating profit$810.30M+4.9% YoY
Net profit-$1.42B-296.7% YoY
Diluted EPS-$6.47-302.2% YoY
Free cash flow$309.50M+148.4% YoY
Operating cash flow$1.31B

Revenue, last 8 quarters

$3.2BSep '24$2.9BDec '24$2.9BMar '25$3.0BJun '25$3.2BSep '25$3.1BDec '25$3.2BMar '26$3.2BJun '26

Net profit, last 8 quarters

$2.0BSep '24$649.8MDec '24$-1.7BMar '25$723.2MJun '25$10.1MSep '25$691.4MDec '25$724.8MMar '26$-1.4BJun '26

Profitability & balance sheet

Gross margin32.1%
Operating margin24.8%
Net margin-0.4%
Return on equity-0.3%
Return on assets-0.1%
Return on invested capital0.3%
Current ratio1.08
Liabilities / assets59.0%
Cash & investments$980.50M
Total debt$18.16B
Net cash (debt)-$17.18B
Average move on report day±5.4%last 16 reports
Closed higher7 of 1644% of the time
Best reaction+9.0%
Worst reaction-15.6%

Stock move on the day after each report

+2.0%2024/Q4-1.5%2025/Q1+0.4%2025/Q2-0.8%2025/Q3+8.9%2025/Q4+6.4%2026/Q1-0.8%2026/Q2+2.0%2026/Q3

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings-1,387.8x
CheapRich

Near the bottom of its 5-year range · 2nd percentile, 5-year average -27.3x

Price / book4.7x
CheapRich

Near the top of its 5-year range · 84th percentile, 5-year average 4.2x

#4190 of 5304 stocks by PB (1 = cheapest)

Price / sales5.1x
CheapRich

Above its usual level · 61st percentile, 5-year average 5.1x

#3858 of 5143 stocks by PS (1 = cheapest)

P/E over five years

-1,585x-944x-303x338xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$325.00
Price vs. fair value-11.7%Trading below the estimate
Star rating★★★☆☆
Economic moatWide
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts14
Average target$339.71+18.4% vs. price
  • Buy 64%
  • Hold 36%
Low $314.00Now $286.90Avg $339.71High $365.00

Latest rating actions

  • 8 Sep 2026Argus ResearchBUY · PT $329.00
  • 8 Sep 2026Deutsche BankHOLD · PT $320.00
  • 5 Aug 2026RBC CapitalBUY · PT $360.00
  • 3 Aug 2026Morgan StanleyHOLD · PT $320.00
  • 3 Aug 2026Deutsche BankHOLD · PT $320.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership92.3%-0.04 pts vs. prior quarter
Institutions holding1,966-3 vs. prior quarter
Insider trades (recent)0 buys / 2 sellsNet selling
Short interest1.82% of floatDays to cover 3.8 · as of 31 Aug 2026
Short-sale volume share17.0%5-day average of daily volume

Short-sale volume as % of daily volume

12%16%19%23%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$16.23M (6 inflow days, 14 outflow days).

Dividends

Dividend yield (TTM)2.51%
Upcoming dividend$1.81Ex-date 1 Oct 2026
Next-to-last$1.81
Payments on file40

Dividends paid per share, by year

3.8020174.4020184.6420195.3620206.0020216.4820227.0020237.142025

Across the full calendar years shown, the annual payout grew by roughly 9.4% a year.

Latest headlines

More news →
  • Argus Research Maintains Air Products & Chemicals(APD.US) With Buy Rating, Raises Target Price to $329Market news · 9 Sep 2026
  • Deutsche Bank Maintains Air Products & Chemicals(APD.US) With Hold Rating, Maintains Target Price $320Market news · 8 Sep 2026
  • RBC Capital Maintains Air Products & Chemicals(APD.US) With Buy Rating, Raises Target Price to $360Market news · 6 Aug 2026
  • Morgan Stanley Maintains Air Products & Chemicals(APD.US) With Hold Rating, Raises Target Price to $320Market news · 3 Aug 2026
  • Deutsche Bank Maintains Air Products & Chemicals(APD.US) With Hold Rating, Raises Target Price to $320Market news · 3 Aug 2026
  • A Quick Look at Today's Ratings for Air Products & Chemicals(APD.US), With a Forecast Between $330 to $355Market news · 31 Jul 2026

APD stock: common questions

What is APD's latest share price?

$286.90 is the latest print for APD, a move of -0.02% against yesterday's close of $286.97. Today's low and high so far: $285.08 and $288.54.

How big is Air Products & Chemicals?

Equity value comes to $63.89B at the current price. By that measure it is number 256 of the 300 names in our coverage.

How far is APD from its yearly high?

The year's floor is $224.64 and the ceiling $314.87. Shares are 8.9% away from that ceiling.

Are there dividends on Air Products & Chemicals shares?

It does. Payouts over the past twelve months work out to a 2.51% yield; the latest ex-dividend date was July 1, 2026.

Do Wall Street analysts like APD?

Of 14 analysts, 64% say buy, 36% hold and 0% sell. Price targets average $339.71, with the most cautious at $314.00 and the most optimistic at $365.00.

How does Air Products & Chemicals make money?

Air Products supplies industrial gases such as oxygen, nitrogen and hydrogen under long contracts, and is building large hydrogen projects.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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