Last $135.87 USD
Change Today +0.71 / 0.53%
Volume 1.2M
APD On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

air products & chemicals inc (APD) Snapshot

Open
$134.73
Previous Close
$135.16
Day High
$136.00
Day Low
$134.68
52 Week High
07/24/14 - $136.43
52 Week Low
08/16/13 - $99.76
Market Cap
28.9B
Average Volume 10 Days
1.4M
EPS TTM
$5.57
Shares Outstanding
213.0M
EX-Date
09/29/14
P/E TM
24.4x
Dividend
$3.08
Dividend Yield
2.18%
Current Stock Chart for AIR PRODUCTS & CHEMICALS INC (APD)

air products & chemicals inc (APD) Related Businessweek News

View More BusinessWeek News

air products & chemicals inc (APD) Details

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. The company operates through four segments: Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy. The Merchant Gases segment sells atmospheric gases, such as oxygen, nitrogen, and argon; process gases comprising hydrogen and helium and carbon dioxide; and medical and specialty gases for the metal, glass, chemical processing, food processing, healthcare, steel, general manufacturing, and petroleum and natural gas industries. The Tonnage Gases segment offers hydrogen, carbon monoxide, nitrogen, oxygen, and syngas to the energy production and refining, chemical, and metallurgical industries. The Electronics and Performance Materials segment provides nitrogen trifluoride, silane, arsine, phosphine, white ammonia, silicon tetrafluoride, carbon tetrafluoride, hexafluoromethane, critical etch gases, and tungsten hexafluoride; and tonnage gases, chemicals mechanical planarization slurries, specialty chemicals, and services and equipment for the manufacture of silicon and compound semiconductors, and thin film transistor liquid crystal displays. This segment also offers performance materials for a range of products, including coatings, inks, adhesives, civil engineering, personal care, institutional and industrial cleaning, mining, oil refining, and polyurethanes. The Equipment and Energy segment designs and manufactures cryogenic equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and helium distribution; and provides plant design, engineering, procurement, and construction management services for the chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing industries. Air Products and Chemicals, Inc. was founded in 1940 and is headquartered in Allentown, Pennsylvania.

21,000 Employees
Last Reported Date: 07/23/14
Founded in 1940

air products & chemicals inc (APD) Top Compensated Officers

Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $380.1K
Senior Vice President, General Manager of Glo...
Total Annual Compensation: $575.0K
Chief Administrative Officer, Chief Complianc...
Total Annual Compensation: $518.5K
Compensation as of Fiscal Year 2013.

air products & chemicals inc (APD) Key Developments

Air Products & Chemicals Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2014; Provides Earnings Guidance for the Fourth Quarter and Full Year 2014

Air Products & Chemicals Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, the company reported sales of $2,634.6 million against $2,547.3 million a year ago. Operating income was $413.8 million against $383.1 million a year ago. Income from continuing operations before taxes was $425.6 million against $391.9 million a year ago. Income from continuing operations were $323.5 million or $1.46 per diluted share against $297.8 million or $1.36 per diluted share a year ago. Net income attributable to company was $314.0 million or $1.46 per diluted share against $288.4 million or $1.36 per diluted share a year ago. Capital expenditures on GAAP basis was $462.7 million against $533.7 million a year ago. Capital expenditures on Non-GAAP basis was $520.4 million against $598.4 million a year ago. Adjusted EBITDA was $652.8 million against $612.8 million a year ago. Adjusted EBITDA was up 7% versus prior year, and 6% sequentially, driven by higher volumes and new plant on streams. Operating income increased 8% versus prior year, as they delivered operating leverage on higher volumes, particularly in Electronics and Performance Materials, and they delivered better pricing in Merchant Gases. For the nine months, the company reported sales of $7,762.0 million against $7,593.9 million a year ago. Operating income was $1,184.1 million against $1,145.2 million a year ago. Income from continuing operations before taxes was $1,199.7 million against $1,164.2 million a year ago. Income from continuing operations were $911.0 million or $4.12 per diluted share against $882.1 million or $4.03 per diluted share a year ago. Net income attributable to company was $887.7 million or $4.13 per diluted share against $857.1 million or $4.04 per diluted share a year ago. Capital expenditures on GAAP basis was $1,264.9 million against $1,241.0 million a year ago. Capital expenditures on Non-GAAP basis was $1,421.7 million against $1,432.7 million a year ago. Cash provided by operating activities was $1,584.0 million against $1,051.2 million a year ago. Additions to plant and equipment were $1,264.9 million against $1,115.4 million a year ago. Adjusted EBITDA was $1,886.4 million against $1,819.6 million a year ago. For the fourth quarter, the company expects EPS from continuing operations to be between $1.60 and $1.65 per share. For fiscal 2014, the company's guidance for continuing operations is a range of $5.72 to $5.77 per share, from $5.70 to $5.85 previously. The capital expenditure forecast for the current fiscal year is unchanged at approximately $2 billion.

Air Products and Chemicals, Inc. Announces Board Changes

On 17 July 2014, the board of directors of Air Products and Chemicals Inc. elected Chad C. Deaton as Lead Director to serve a three year term. Mr. Deaton succeeds Evert Henkes, who has served as the company's Presiding Director since January 2012. The Lead Director's responsibilities are presiding at executive sessions of the independent directors and over any other meetings of the Board or parts thereof when the Chairman of the Board is not present, reporting independent directors' feedback to the Chairman, and determining the agenda for executive sessions of independent directors. The Lead Director also has principal, but not exclusive, authority to convene a meeting of independent directors.

Air Products Declares Quarterly Dividend, Payable on November 10, 2014

On July 17, 2014, the Board of Directors of Air Products declared a quarterly dividend of 77 cents per share of common stock. The dividend is payable on November 10, 2014 to shareholders of record at the close of business on October 1, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
APD:US $135.87 USD +0.71

APD Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Arkema SA €70.73 EUR -0.46
Celanese Corp $62.18 USD -0.26
Formosa Plastics Corp 77.00 TWD 0.00
LANXESS AG €48.91 EUR -0.055
Nan Ya Plastics Corp 71.50 TWD -0.60
View Industry Companies
 

Industry Analysis

APD

Industry Average

Valuation APD Industry Range
Price/Earnings 28.0x
Price/Sales 2.8x
Price/Book 3.7x
Price/Cash Flow 28.0x
TEV/Sales 2.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AIR PRODUCTS & CHEMICALS INC, please visit www.airproducts.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.