Last $106.92 USD
Change Today -2.46 / -2.25%
Volume 635.2K
ARG On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

airgas inc (ARG) Snapshot

Open
$108.89
Previous Close
$109.38
Day High
$109.45
Day Low
$106.67
52 Week High
01/21/14 - $113.16
52 Week Low
02/4/14 - $99.32
Market Cap
8.0B
Average Volume 10 Days
486.6K
EPS TTM
$4.80
Shares Outstanding
74.4M
EX-Date
06/11/14
P/E TM
22.3x
Dividend
$2.20
Dividend Yield
1.86%
Current Stock Chart for AIRGAS INC (ARG)

airgas inc (ARG) Related Businessweek News

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airgas inc (ARG) Details

Airgas, Inc., together with its subsidiaries, supplies industrial, medical and specialty gases, and hard goods. The company operates through two segments, Distribution and All Other Operations. The Distribution segment offers industrial, medical, and specialty gases, as well as hard goods, such as welding equipment and related products, consumables and equipment, safety products, construction supplies, and maintenance, repair, and operating supplies. It offers atmospheric gases, including nitrogen, oxygen, and argon; helium; hydrogen; welding and fuel gases, such as acetylene, propylene, and propane; carbon dioxide; nitrous oxide; various gases; special application blends; and process chemicals. This segment also rents gas cylinders, cryogenic liquid containers, bulk storage tanks, tube trailers, and welding-related and other equipment. The All Other Operations segment produces carbon dioxide, dry ice, and nitrous oxide; distributes refrigerants, and anhydrous and aqua ammonia; and provides technical and refrigerant reclamation services. The company markets its products and services through various sales channels, including branch-based sales representatives, retail stores, strategic customer account programs, telesales, catalogs, e-business, and independent distributors. It serves various industries, including manufacturing and metal fabrication; non-residential construction; life sciences and healthcare; food, beverage, and retail; energy and chemical production and distribution; basic materials and services; and government and other industries. The company has operations in the United States, Canada, Mexico, Russia, Dubai, and European countries. Airgas, Inc. was founded in 1982 and is based in Radnor, Pennsylvania.

16,000 Employees
Last Reported Date: 07/24/14
Founded in 1982

airgas inc (ARG) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $862.8K
Founder, Executive Chairman and Member of Exe...
Total Annual Compensation: $900.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $470.5K
President of North Division
Total Annual Compensation: $329.8K
President of Airgas USA LLC
Total Annual Compensation: $296.9K
Compensation as of Fiscal Year 2014.

airgas inc (ARG) Key Developments

Airgas, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Second Quarter of Fiscal Year 2015 and Full Fiscal Year 2015

Airgas, Inc. reported unaudited consolidated earnings results for the first quarter ended June 30, 2014. The company reported earnings per diluted share of $1.18 for its first quarter ended June 30, 2014, up 4% over $1.14 for the prior year. First quarter sales increased 3% over the prior year to $1.31 billion compared to $1.28 billion last year. Net cash provided by operating activities was $196.97 million compared to $170.70 million for the prior year, and adjusted cash from operations was $206 million, up 16% over the prior year. Capital expenditures were $108.58 million compared to $81.998 million for the prior year. Operating income was $155.08 million compared to $156.61 million for the prior year. Earnings before income taxes were $140.81 million compared to $135.93 million for the prior year. Net earnings were $88.85 million compared to $84.69 million for the prior year. First quarter CapEx represented 8.3% of sales. The increase in CapEx was primarily driven by its investments in micro bulk, rental welders and generators for its growing Red-D-Arc business, the new ASUs in Kentucky and Illinois, and its new hardgoods distribution center in Wisconsin. Excluding major capital projects, CapEx as a percentage of sales was 4.8%. The company provided earnings guidance for the second quarter ending September 30, 2014 and full fiscal year ending March 31, 2015. For the second quarter, the company expects earnings per diluted share in the range of $1.27 to $1.32, representing an increase of 0% to 4% over prior year earnings per diluted share of $1.27 and an increase of 2% to 6% over prior year adjusted earnings per diluted share of $1.25. Second quarter guidance assumes a year-over-year organic sales growth rate in the low single digits. Adjusted earnings per diluted share are expected to be $5.00 to $5.20. For the full fiscal year 2015, the company expects earnings per diluted share in the range of $5.00 to $5.20, representing an increase of 7% to 11% over prior year earnings per diluted share of $4.68 and an increase of 6% to 10% over prior year adjusted earnings per diluted share of $4.72. Full year guidance includes a negative $0.11 to $0.16 per diluted share year-over-year impact from variable compensation reset following a below-budget year in fiscal 2014. Adjusted earnings per diluted share are expected to be $1.27 to $1.32. The guidance range continues to reflect its expectation for stronger sales in the back half of the fiscal year, while also reflecting that the company is early in its fiscal year, and some uncertainty still exists.

Airgas, Inc. to Report Q1, 2015 Results on Jul 24, 2014

Airgas, Inc. announced that they will report Q1, 2015 results at 9:00 AM, Eastern Standard Time on Jul 24, 2014

Airgas, Inc., Q1 2015 Earnings Call, Jul 24, 2014

Airgas, Inc., Q1 2015 Earnings Call, Jul 24, 2014

 

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ARG:US $106.92 USD -2.46

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Industry Analysis

ARG

Industry Average

Valuation ARG Industry Range
Price/Earnings 23.2x
Price/Sales 1.6x
Price/Book 4.2x
Price/Cash Flow 12.2x
TEV/Sales 1.1x
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