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APD · Air Products & Chemicals, Inc.

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$316.53 +0.33 (+0.10%) At close · Nov 13
Market Cap
$70.49B
Shares
222.69M
Volume · Nov 13 651.84K Avg daily vol (3M) 1.07M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$316.53 Open$318.48 Day$312.99–318.48 52W close$230.76–318.87 Avg vol 30d1.0M Short int4.7M · 2.1% of shares · 4.7d Short vol47% Last earningsNov 5, 2026 DataJan 2020–Nov 2026 Filing10-Q · Jul 30

Up next

Jan 29, 2027 Est · unconfirmed · in 11 wks

Latest documents

2026
Nov 5
Earnings call
Full-year EPS outlook is $14.15 to $14.50

Air Products expects full-year EPS of $14.15 to $14.50, up 5% to 8%, and CapEx of $3 to $3.5 billion, while its industrial gas backlog reached $3.3 billion.

4 source passages
I want to express my appreciation to the entire Air Products team for their dedication to safety, reliably serving our customers, and supporting our projects. For the full year, we expect earnings per share to be within the range of $14.15 to $14.50, which is an improvement of 5% to 8% from the prior year. For capital expenditures, as Eduardo noted earlier, we expect to spend within the range of $3 to $3.5 billion. With another group of project wins in the fourth quarter, which we plan to announce during the next few months, our IG backlog now stands at $3.3 billion, and we are still evaluating a healthy pipeline of opportunities. Open the document at this passage
Nov 5
Current report 8-K
Adjusted EPS rose 12 percent as fiscal 2027 guidance issued

Air Products and Chemicals, Inc. reported fiscal 2026 adjusted EPS of $13.45, up 12 percent, and sales of $13.0 billion. It guided to fiscal 2027 adjusted EPS of $14.15 to $14.50 and capital expenditures of $3.0 billion to $3.5 billion.

Financial results
5 source passages
Air Products Reports Fiscal 2026 Full-Year and Fourth Quarter Results; Provides Fiscal 2027 Guidance Delivered double-digit adjusted EPS growth in fiscal 2026 Adjusted earnings per share\* of $13.45 increased 12 percent and exceeded guidance midpoint; adjusted operating income\* of $3.2 billion increased 11 percent Fiscal 2026 full-year sales of $13.0 billion increased eight percent, or $954 million, on four percent higher volumes, two percent higher energy cost pass-through, and two percent favorable currency. Fiscal 2027 full-year adjusted EPS guidance\* of $14.15 to $14.50; fiscal 2027 first quarter adjusted EPS guidance\* of $3.35 to $3.45 Expect fiscal year 2027 capital expenditures\* in the range of $3.0 billion to $3.5 billion Open the document at this passage
Jul 30
Quarterly report 10-Q FY2026 Q3, ended Jun 30
Quarterly report for FY2026 Q3 AI summary on its way
Revenue $3.16B ▲ 4.6% Net loss $1.44B Diluted EPS -$6.47
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$12.60B
Trailing 12 months
Net income (TTM)
−$47.30M
Trailing 12 months
Revenue growth YoY
+4.6%
Year over year
Operating margin
-4.7%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-0.4%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$15.84B
Latest balance sheet
Dividend yield
2.3%
Trailing 12 months
Shares change YoY
0.0%
Year over year · fewer shares
Price change (1Y)
+20.3%
Trailing year
Short interest
2.1%
Latest settlement · 4.7 days to cover
View all 125 metrics

AI Brief

Q4 FY26 earnings call · Nov 5, 2026
Q4 FY26

TL;DR. Fiscal 2026 delivered 8% sales growth, 11% adjusted operating income growth and 12% adjusted EPS growth, while cost actions produced approximately $95 million of savings and headcount fell 15% from the FY24 peak. Fiscal 2027 guidance calls for 5%-8% adjusted EPS growth and sizable margin improvement, but results face project-exit charges, cost inflation, helium pressure and fourth-quarter margin contraction.

Bullish
  • + The industrial gas backlog expanded to approximately $3.3 billion, including over $2 billion of electronics project wins in the last 12 months.
  • + Management expects sizable fiscal 2027 margin improvement from new asset contributions, base volume, price-over-cost recovery, and productivity. new
  • + Fiscal 2026 cost-reduction actions delivered approximately $95 million of savings and reduced headcount by 15% from the FY24 peak. new
Bearish
  • − Fiscal 2026 included approximately $3.2 billion of pre-tax business and asset action charges, primarily related to project exits. new
  • − Fiscal 2027 results face a 2% non-operating headwind from higher interest expense and a higher tax rate of 19%. new
  • − Inflation and incentive compensation increased fiscal 2026 costs, while helium created a 3% headwind. new
  • − Helium is expected to remain a first-quarter fiscal 2027 headwind because of lower pricing on a strategic-customer contract renewal. new

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Buy
SellHoldBuy
Technical Buy Momentum Very Strong Sentiment Bullish Fundamentals Weak Quant / Vol Very Low
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +8%
above
Price vs 50-day avg +7%
above
RSI (14) 63
neutral
MACD trend Negative
52-week position 97%
near high
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Strong
1-month return +6%
trailing
6-month return +9%
trailing
YTD return +28%
this year
Relative strength +9%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $296 › 200d $293 — 50d above 200d
Institutional flow Accumulating
1,605 of 1,792 funds reported for Sep 30 · net +6.3M sh shares · +81 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
2.11% of shares out · ▼ -0.4% MoM · 4.7 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
1,792 holders — near 3-yr high, broad support
Squeeze score 58
elevated · 0–100
Fundamentals
Weak
Revenue growth −1%
Y/Y
Gross margin 25%
expanding
EPS growth −110%
Y/Y
Free cash flow $-5.3B
Buyback $485.3M
remaining
Balance sheet $15.8B
net debt
Quant / Vol
risk profile
Very Low
Volatility 25%
annualized · 1-yr
Max drawdown −13%
past year
ATR 1.9%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 4 of last 6
Latest guidance · from the Earnings Call filed Jul 30, 2026
fiscal year 27
Capital expenditures for traditional industrial gas projects Initiated $1.5B
going forward
Total capex expenditure $2B – $2.5B
Previous outlook earlier release · from the Earnings Call filed Apr 30, 2026

Still-open targets the latest release did not restate under the same label.

Earnings per share · third quarter $3.25 – $3.35
Prior guidance period ended · from the Earnings Call filed Jul 30, 2026
Earnings per share · fourth quarter $3.55 – $3.65
Guided vs delivered · last 6 settled
Earnings per share fiscal year 2022
guided $10.20 – $10.40
$10.14 Miss −1.6%
Earnings per share quarter one of fiscal year '22
guided $2.45 – $2.55
$2.52 In line
EPS fiscal year 2021
guided $8.95 – $9.05
$9.43 Beat +4.8%
Earnings per share Quarter 3 of fiscal year 2021
guided $2.30 – $2.40
$2.40 In line

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
1 · 3 · 3
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+8% Bullish
Price vs 50-day avg
+7% Bullish
RSI (14)
63 Neutral
MACD trend
Negative Bearish
52-week position
97% Bullish
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $296 › 200d $293 — 50d above 200d
Institutional flow Accumulating
1,605 of 1,792 funds reported for Sep 30 · net +6.3M sh shares · +81 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
2.11% of shares out · ▼ -0.4% MoM · 4.7 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
1,792 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $231 Now $317 · 97% Range high $319
vs 200-day avg +8% vs 50-day avg +7%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Adjusted effective tax rate non-GAAP 18.6% Three Months Ended 30 June 2026 filing —
Adjusted EPS non-GAAP $3.47 Q3 FY2026 —
Adjusted operating income non-GAAP $810M Q3 FY2026 —
GAAP → non-GAAP reconciliation
GAAP Operating Income/Loss -2.1B
+2.91B Business and asset actions
+0M Non-service pension cost, net
= Adjusted Operating Income 810.3M
Adjusted operating margin non-GAAP 25.6% Q3 FY2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Specialty Chemicals — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
APD
Air Products & Chemicals, Inc.
this stock
$70.49B +28.1% -0.5% — 2.1%
LIN
Linde PLC
$241.51B +23.4% +3.0% 34.9 1.4%
AIQUF
L Air Liquide SA
$137.11B +14.4% — — 0.0%
ECL
Ecolab Inc.
$86.74B +17.8% +2.2% 42.1 1.5%
SHW
Sherwin Williams Co
$84.53B +8.0% +2.1% 32.2 2.5%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
1,794
% held
95.5%
Reported
1,605 of 1,792
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
774
View
Short & Settlement
Short Interest Falling
Shares short
4.7M
Days to cover
4.7d
Change
-18.7K sh
View
Short Volume
Short vol %
47%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
1
Value
$289
As of
Oct 14, 2026
View
Off-Exchange
Off-exchange %
42.9%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Sell
Member
Richard Dean McCormick
Amount
$1.0K–$15.0K
Traded
Jul 30, 2026
View
Financials
Financials
Revenue (FY)
$12.0B
Net income (FY)
$-394.5M
EPS diluted
$-1.77
View
Buybacks
Authorized
$1.0B
Remaining
$485.3M
Spent Remaining
View
Filings
SEC Filings
Latest
8-K
Filed
Nov 5, 2026
This year
9

Air Products and Chemicals, Inc. reported fiscal 2026 adjusted EPS of $13.45, up 12 percent, and sales of $13.0 billion. It guided to fiscal 2027 adjusted EPS of $14.15 to $14.50 and capital expenditures of $3.0 billion to $3.5 billion.

View
Proposed Sales
Value
$824.4K
Shares
2.7K
Filed
May 1, 2026
View
Earnings & Events
Webcasts Upcoming
Next webcast
Dec 2, 2026
Last webcast
Nov 5, 2026
View
Investor Relations
Latest news
Air Products Reports Fiscal 2026…
Published
Nov 5, 2026
Upcoming events
1
View

Performance

5D 20D 120D MTD YTD
APD +3.8% +5.7% +9.3% +0.0% +28.1%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY +1.2% +6.8% +8.8% +0.2% +17.5%

Capital returns

Latest dividend
$1.81 / share · ex Oct 1, 2026
Declared · upcoming
$1.81 / share · ex Jan 4, 2027
Raised 1.1%
Paid (TTM)
$7.22 / share · 4 payouts
Dividend yield (TTM, derived)
2.28%
Full dividend history
Buyback program · as of Sep 30, 2025
Authorized
$1.00B
Spent (derived)
$514.70M
Remaining
$485.30M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 2969 CUSIP 009158106 13F (30d) 1385 filings 1298 filers Visit website Investor relations