APD · NYQ
S&P 500
Air Products and Chemicals, Inc.
Basic materials · Specialty Chemicals
$312.25
+$1.17 (+0.38%) Nov 10, 2026
Session of Nov 10, 2026 · updated · Source: Yahoo Finance
Consensus of 24 analysts
Buy
Median price target $347.00 +11.1%
- Open
- $309.93
- Day range
- 308.47 – $313.26
- 52-week range
- 229.11 – $324.00
- Volume
- 721,852
- Market cap
- $69,534M
- P/E (TTM)
- 130.6x
- EPS (TTM)
- $2.39
- EPS est. FY 2027
- $14.38
- P/E est. FY 2027
- 21.7x
- Dividend yield
- 2.3%
- Beta
- 0.67
- Payout
- 76%
The analysis of this company is being prepared and will appear in the next update.
Air Products financials
Q2 2026 results, quarter ended Jun 30, 2026
| Metric | Q2 2026 | 1-year change |
|---|---|---|
| Total revenue | $3,161M | +4.6% |
| Net income | −$1,441M | −301.8% |
| Earnings per share | −$6.47 | −302.2% |
| Net margin | −45.6% | −69.2 pp |
| Free cash flow | $310M | n/s |
| Debt / equity | 1.31 | +10.8% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q2 2025 | $3,023M | $714M |
| Q3 2025 | $3,167M | $5M |
| Q4 2025 | $3,103M | $678M |
| Q1 2026 | $3,172M | $710M |
| Q2 2026 | $3,161M | −$1,441M |
Air Products earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 17 | $3.4343.35 – 3.56 | +8.7%$3.160 |
| Next quarterQ1 2027 · Analysts: 16 | $3.4553.28 – 3.63 | +8.0%$3.200 |
| Current yearFY 2027 · Analysts: 22 | $14.37614.20 – 14.59 | +6.9%$13.450 |
| Next yearFY 2028 · Analysts: 21 | $15.54414.45 – 16.13 | +8.1%$14.376 |
Forward P/E: 21.7x (FY 2027) and 20.1x (FY 2028) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q2 2025 | $3.200 | — |
| Q3 2025 | $0.020 | — |
| Q4 2025 | $3.160 | $3.040 |
| Q1 2026 | $3.200 | $3.061 |
| Q2 2026 | $3.470 | $3.343 |
| Q3 2026 | $3.610 | $3.611 |
| Q4 2026 | — | $3.434 |
| Q1 2027 | — | $3.455 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| FY 2022 | $10.140 | — |
| FY 2023 | $10.330 | — |
| FY 2024 | $17.180 | — |
| FY 2025 | −$1.770 | — |
| FY 2026 | $13.450 | — |
| FY 2027 | — | $14.376 |
| FY 2028 | — | $15.544 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $3.455 | +8.0% |
| Q4 2026Estimated | $3.434 | +8.7% |
| Q3 2026 | $3.610est. $3.611 · surprise 0.0% | +17,950.0% |
| Q2 2026 | $3.470est. $3.343 · surprise +3.8% | +8.4% |
| Q1 2026 | $3.200est. $3.061 · surprise +4.5% | n/a |
| Q4 2025 | $3.160est. $3.040 · surprise +3.9% | n/a |
| Q3 2025 | $0.020 | n/a |
| Q2 2025 | $3.200 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| FY 2028Estimated | $15.544 | +8.1% |
| FY 2027Estimated | $14.376 | +6.9% |
| FY 2026 | $13.450 | n/s |
| FY 2025 | −$1.770 | −110.3% |
| FY 2024 | $17.180 | +66.3% |
| FY 2023 | $10.330 | +1.9% |
| FY 2022 | $10.140 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Air Products dividend
Yield and payments
| Dividend yield (TTM) | 2.3% |
| Forward yield (next 12m) | 2.3% |
| Dividend per share (TTM) | $7.22 |
| Forward dividend (next 12m) | $7.24 |
| Payout (TTM) | 76% |
| Last dividend | $1.81Oct 1, 2026 |
| Next ex-dividend date | Jan 4, 2027 |
Dividend per share by year ($)
PaidEstimated
| Year | Dividend per share |
|---|---|
| 2019 | $4.64 |
| 2020 | $5.36 |
| 2021 | $6.00 |
| 2022 | $6.48 |
| 2023 | $7.00 |
| 2024 | $5.31 |
| 2025 | $7.14 |
| est. 12m | $7.24 |
Air Products forecasts
24 analyst ratings
Consensus: Buy · 15 buy, 9 hold, 0 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $375.00 | +20.1% |
| Median | $347.00 | +11.1% |
| Low | $275.00 | −11.9% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $261.05 |
| Dec 31, 2025 | $247.02 |
| Jan 30, 2026 | $272.50 |
| Feb 27, 2026 | $275.67 |
| Mar 31, 2026 | $290.49 |
| Apr 30, 2026 | $300.05 |
| May 29, 2026 | $278.62 |
| Jun 30, 2026 | $293.18 |
| Jul 31, 2026 | $294.89 |
| Aug 31, 2026 | $309.46 |
| Sep 30, 2026 | $278.23 |
| Oct 30, 2026 | $316.43 |
| Nov 10, 2026 | $312.25 |
Air Products peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| APD | Air Products | 69,534 | 130.6x | 312.25 | +0.38% | 229.11324.00 |
| LIN | Linde | 239,541 | 34.6x | 521.78 | +0.28% | 387.78548.20 |
| SHW | Sherwin-Williams | 85,846 | 32.7x | 355.34 | −0.72% | 289.86377.77 |
| ECL | Ecolab | 85,832 | 41.6x | 306.03 | −0.23% | 243.15318.93 |
| PPG | PPG Industries | 27,484 | 17.5x | 124.42 | −0.12% | 93.39133.43 |
| IFF | International Flavors & Fragrances | 20,825 | 237.6x | 83.17 | −1.49% | 62.0695.27 |
What the AI agents think about Air Products
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