Air Products & Chemicals Inc

APD

Equity

ISIN US0091581068 / Valor 903838

New York Stock Exchange, Inc (2024-12-23)

USD 293.55-0.49%

Air Products & Chemicals Inc
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About company

Air Products & Chemicals Inc is a global industrial gases company that provides a wide range of atmospheric gases, process and specialty gases, performance materials, equipment, and services. The company's Air Products Express Services (APEX) offers safe, reliable, and fast temporary gas supply solutions for short-term and emergency needs. With a focus on innovation and sustainability, Air Products serves a variety of industries including manufacturing, healthcare, food and beverage, and electronics.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Decline

Air Products & Chemicals Inc reported a 4% decline in sales for the fiscal year ending September 30, 2024, with total sales amounting to $12.1 billion compared to $12.6 billion in the previous year. This decrease reflects challenges in the market and adjustments in their business operations.

Net Income Margin Improvement

The company achieved a significant improvement in its net income margin, which increased to 31.9% in fiscal year 2024 from 18.6% in 2023. This improvement was driven by strategic business decisions, including the sale of their LNG business, which contributed to a gain of $1.6 billion.

Operating Margin Growth

Air Products & Chemicals Inc's operating margin saw a substantial increase, rising to 36.9% in 2024 from 19.8% in the previous year. This growth highlights the company's effective cost management and operational efficiency improvements over the fiscal year.

Adjusted Earnings Per Share

The adjusted diluted earnings per share (EPS) for Air Products & Chemicals Inc increased by 8% to $12.43 in fiscal year 2024, up from $11.51 in 2023. This increase reflects the company's strong financial performance and strategic initiatives to enhance shareholder value.

Return on Capital Employed

The return on capital employed (ROCE) on a GAAP basis for Air Products & Chemicals Inc improved to 10.8% in fiscal year 2024, compared to 7.9% in 2023. This improvement indicates the company's enhanced ability to generate returns from its capital investments.

Summarized from source with an LLMView Source

Key figures

7.59%1Y

-1.98%3Y

24.8%5Y

Performance

28.5%1Y

27.5%3Y

30.5%5Y

Volatility