Air Products & Chemicals, Inc. APD
Air Products & Chemicals, Inc. (APD) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 2.56% (safety: safe). FY2025 revenue was $12.0B at a -3.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.87 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-08-06 | RBC Capital | Outperform (main) |
| 2026-07-31 | UBS | Neutral (main) |
| 2026-07-31 | Citigroup | Neutral (main) |
| 2026-07-31 | Mizuho | Outperform (main) |
| 2026-07-31 | Wells Fargo | Overweight (main) |
| 2026-07-17 | Bernstein | Outperform (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.039 |
| Retained earnings / assets | 0.428 |
| EBIT / assets | -0.021 |
| Equity / liabilities | 0.732 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| APD | Air Products & Chemicals, Inc. | 3/9 | 2.28 | — | -0.5% |
| TROX | Tronox Holdings plc | 2/9 | 1.48 | — | -5.7% |
| VHI | VALHI INC /DE/ | 4/9 | 3.94 | — | -1.3% |
| MTX | MINERALS TECHNOLOGIES INC | 4/9 | 4.63 | — | -2.2% |
| KRO | KRONOS WORLDWIDE INC | 5/9 | 2.25 | — | -1.5% |
| LXU | LSB INDUSTRIES, INC. | 8/9 | 2.86 | 31.7 | +17.8% |
| LXFR | LUXFER HOLDINGS PLC | 6/9 | 4.17 | 65.1 | -1.9% |
About Air Products & Chemicals, Inc.
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.
FAQ
Is APD financially healthy?
Air Products & Chemicals, Inc.'s Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does APD pay a dividend, and is it safe?
Yes. Air Products & Chemicals, Inc. pays a dividend yielding about 2.56% with a -401.5% payout ratio, rated “safe” for safety.
How profitable is APD?
In FY2025, Air Products & Chemicals, Inc. had a net margin of -3.3% and a return on equity of -2.3%.
Is APD overvalued or undervalued?
Air Products & Chemicals, Inc. trades at about 17.7× trailing earnings — below its 10-year norm (10-year range 11.7×–46.2×, median 26.9×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for APD?
The average Wall-Street price target for Air Products & Chemicals, Inc. is $343.37, about 12.9% above the recent price, from 19 analysts (consensus: buy).
Is APD a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Air Products & Chemicals, Inc.: a Piotroski F-score of 3/9, an Altman Z″ in the grey zone, a dividend yield of 2.56%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.