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Upturn AI Summary - About
Air Products and Chemicals Inc(APD)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for APD
09/25/2026: APD (2-star) is currently NOT-A-BUY. Pass it for now.
Air Products and Chemicals Inc is a globally recognized industrial gas provider known for its extensive infrastructure and long-term supply contracts. The company has a leading position in the hydrogen market and maintains a reputation for stable cash flows, supported by consistent dividend growth that appeals to income-focused investors. Its primary investment story centers on the execution of large-scale hydrogen energy projects. However, investors must weigh this against significant risks, including high capital requirements, execution challenges in complex mega-projects, and intense competition from global peers. The stock may best suit investors looking for long-term exposure to the energy transition while monitoring project progress.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is largely tied to long-term infrastructure project deployment rather than rapid scale expansion. |
| Momentum investor | Mixed fit | Momentum is conditional on positive signals regarding the progress of major energy transition projects. |
| Value investor | Mixed fit | Valuation is often tied to capital intensity and the success of long-cycle energy investments. |
| Dividend investor | Strong fit | The company has a long, consistent history of annual dividend increases. |
| Low-risk investor | Mixed fit | While established, the company faces high execution risks related to large-scale, capital-intensive projects. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | The stock is subject to broader industrial sector fluctuations. |
| Valuation risk | Medium | Market expectations for large project success are often priced into the stock. |
| Competition risk (Industrial Gas Oligopoly) | Medium / high | Strong competition from Linde and Air Liquide limits pricing power. |
| Business quality | Strong | The company maintains high barriers to entry and reliable, long-term customer relationships. |
| Dividend income | Strong | The long-term history of dividend growth provides stability for income-focused investors. |
| Execution risk | High | Mega-projects are inherently complex and carry significant development risks. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 1.76% | Avg. Invested days 58 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 62.74B USD | Price to earnings Ratio - | 1Y Target Price 345.11 |
Price to earnings Ratio - | 1Y Target Price 345.11 | ||
Volume (30-day avg) 1.1M shares | Beta 0.75 | 52 Weeks Range 224.64 - 314.87 | Updated Date 09/25/2026 |
52 Weeks Range 224.64 - 314.87 | Updated Date 09/25/2026 | ||
Dividends yield (FY) 2.53% | Basic EPS (TTM) -0.2 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Industrial Gases | Atmospheric and process gas sales to refineries and chemical plants. | Steady revenue from essential gases used by large industrial customers. |
| Project Development | Engineering, construction, and operation of large-scale gas/energy facilities. | Long-term, high-capital projects that define future growth potential. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 19.92 | Enterprise Value 81.08B | Price to Sales(TTM) 4.98 |
Enterprise Value 81.08B | Price to Sales(TTM) 4.98 | ||
Enterprise Value to Revenue 6.43 | Enterprise Value to EBITDA 48.18 | Shares Outstanding 222.69M | Shares Floating 222.37M |
Shares Outstanding 222.69M | Shares Floating 222.37M | ||
Percent Insiders 1.89 | Percent Institutions 93.08 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Air Products and Chemicals Inc
Exchange NYSE | Headquarters Allentown, PA, United States | ||
IPO Launch date 1987-01-01 | CEO & Director Mr. Eduardo F. Menezes | ||
Sector Basic Materials | Industry Specialty Chemicals | Full time employees 21087 | Website https://www.airproducts.com |
Full time employees 21087 | Website https://www.airproducts.com | ||
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, metals, manufacturing, electronics, energy production, medical, food, chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. Air Products and Chemicals, Inc. was founded in 1940 and is headquartered in Allentown, Pennsylvania.
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