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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.05
APD's Cash to Debt is ranked lower than
92% of the 1074 Companies
in the Global Chemicals industry.

( Industry Median: 0.80 vs. APD: 0.05 )
Ranked among companies with meaningful Cash to Debt only.
APD' s Cash to Debt Range Over the Past 10 Years
Min: 0.01  Med: 0.04 Max: 0.16
Current: 0.05
0.01
0.16
Equity to Asset 0.41
APD's Equity to Asset is ranked lower than
68% of the 1034 Companies
in the Global Chemicals industry.

( Industry Median: 0.54 vs. APD: 0.41 )
Ranked among companies with meaningful Equity to Asset only.
APD' s Equity to Asset Range Over the Past 10 Years
Min: 0.31  Med: 0.41 Max: 0.46
Current: 0.41
0.31
0.46
Interest Coverage 15.99
APD's Interest Coverage is ranked higher than
50% of the 794 Companies
in the Global Chemicals industry.

( Industry Median: 16.48 vs. APD: 15.99 )
Ranked among companies with meaningful Interest Coverage only.
APD' s Interest Coverage Range Over the Past 10 Years
Min: 6.94  Med: 9.86 Max: 16.42
Current: 15.99
6.94
16.42
F-Score: 5
Z-Score: 3.70
M-Score: -3.09
WACC vs ROIC
9.74%
11.21%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 20.29
APD's Operating margin (%) is ranked higher than
92% of the 1053 Companies
in the Global Chemicals industry.

( Industry Median: 6.33 vs. APD: 20.29 )
Ranked among companies with meaningful Operating margin (%) only.
APD' s Operating margin (%) Range Over the Past 10 Years
Min: 10.25  Med: 13.68 Max: 17.17
Current: 20.29
10.25
17.17
Net-margin (%) 5.80
APD's Net-margin (%) is ranked higher than
59% of the 1056 Companies
in the Global Chemicals industry.

( Industry Median: 4.49 vs. APD: 5.80 )
Ranked among companies with meaningful Net-margin (%) only.
APD' s Net-margin (%) Range Over the Past 10 Years
Min: 7.65  Med: 10.05 Max: 12.91
Current: 5.8
7.65
12.91
ROE (%) 7.59
APD's ROE (%) is ranked lower than
51% of the 1039 Companies
in the Global Chemicals industry.

( Industry Median: 7.90 vs. APD: 7.59 )
Ranked among companies with meaningful ROE (%) only.
APD' s ROE (%) Range Over the Past 10 Years
Min: 12.85  Med: 17.39 Max: 21.59
Current: 7.59
12.85
21.59
ROA (%) 3.19
APD's ROA (%) is ranked lower than
56% of the 1079 Companies
in the Global Chemicals industry.

( Industry Median: 3.81 vs. APD: 3.19 )
Ranked among companies with meaningful ROA (%) only.
APD' s ROA (%) Range Over the Past 10 Years
Min: 4.93  Med: 7.24 Max: 8.81
Current: 3.19
4.93
8.81
ROC (Joel Greenblatt) (%) 19.46
APD's ROC (Joel Greenblatt) (%) is ranked higher than
67% of the 1069 Companies
in the Global Chemicals industry.

( Industry Median: 12.34 vs. APD: 19.46 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
APD' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 12.57  Med: 17.18 Max: 21.91
Current: 19.46
12.57
21.91
Revenue Growth (3Y)(%) 0.60
APD's Revenue Growth (3Y)(%) is ranked lower than
55% of the 941 Companies
in the Global Chemicals industry.

( Industry Median: 2.00 vs. APD: 0.60 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
APD' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -2.6  Med: 5.00 Max: 13.2
Current: 0.6
-2.6
13.2
EBITDA Growth (3Y)(%) 6.40
APD's EBITDA Growth (3Y)(%) is ranked higher than
51% of the 832 Companies
in the Global Chemicals industry.

( Industry Median: 5.90 vs. APD: 6.40 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
APD' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -10.2  Med: 2.50 Max: 13.1
Current: 6.4
-10.2
13.1
EPS Growth (3Y)(%) 8.10
APD's EPS Growth (3Y)(%) is ranked higher than
50% of the 735 Companies
in the Global Chemicals industry.

( Industry Median: 7.80 vs. APD: 8.10 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
APD' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -33.6  Med: 4.10 Max: 46.4
Current: 8.1
-33.6
46.4
» APD's 10-Y Financials

Financials (Next Earnings Date: 2016-07-28)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q2 2015

APD Guru Trades in Q2 2015

Jim Simons 142,500 sh (New)
Paul Tudor Jones 6,202 sh (New)
Barrow, Hanley, Mewhinney & Strauss 2,000 sh (New)
Ray Dalio 13,569 sh (New)
First Eagle Investment 269,300 sh (+10.60%)
Mario Gabelli 4,275 sh (+6.21%)
Louis Moore Bacon 28,517 sh (+3.97%)
Chris Davis 1,773 sh (+0.57%)
Bill Ackman 20,549,076 sh (unchged)
Westport Asset Management 157,500 sh (unchged)
John Griffin 1,595,000 sh (unchged)
Whitney Tilson 29,728 sh (unchged)
Caxton Associates Sold Out
Andreas Halvorsen 5,905,719 sh (-24.75%)
Dodge & Cox 6,100 sh (-39.60%)
Steven Cohen 182,600 sh (-44.51%)
» More
Q3 2015

APD Guru Trades in Q3 2015

Barrow, Hanley, Mewhinney & Strauss 7,625,459 sh (+381172.95%)
Steven Cohen 322,715 sh (+76.73%)
First Eagle Investment 450,705 sh (+67.36%)
Paul Tudor Jones 8,674 sh (+39.86%)
Chris Davis 1,783 sh (+0.56%)
Andreas Halvorsen 5,917,221 sh (+0.19%)
Bill Ackman 20,549,076 sh (unchged)
Dodge & Cox 6,100 sh (unchged)
Mario Gabelli 4,275 sh (unchged)
John Griffin 1,595,000 sh (unchged)
Ray Dalio Sold Out
Louis Moore Bacon Sold Out
Whitney Tilson 26,688 sh (-10.23%)
Jim Simons 126,500 sh (-11.23%)
Westport Asset Management 110,000 sh (-30.16%)
» More
Q4 2015

APD Guru Trades in Q4 2015

Louis Moore Bacon 25,677 sh (New)
Jim Simons 855,800 sh (+576.52%)
Paul Tudor Jones 25,484 sh (+193.80%)
Barrow, Hanley, Mewhinney & Strauss 9,349,207 sh (+22.61%)
First Eagle Investment 491,505 sh (+9.05%)
Chris Davis 1,793 sh (+0.56%)
Bill Ackman 20,549,076 sh (unchged)
Dodge & Cox 6,100 sh (unchged)
John Griffin 1,595,000 sh (unchged)
Andreas Halvorsen 5,385,451 sh (-8.99%)
Steven Cohen 246,400 sh (-23.65%)
Mario Gabelli 2,675 sh (-37.43%)
Westport Asset Management 28,500 sh (-74.09%)
» More
Q1 2016

APD Guru Trades in Q1 2016

Andreas Halvorsen 6,908,170 sh (+28.27%)
Barrow, Hanley, Mewhinney & Strauss 10,548,688 sh (+12.83%)
First Eagle Investment 526,605 sh (+7.14%)
Dodge & Cox 6,319 sh (+3.59%)
Chris Davis 1,804 sh (+0.61%)
Jim Simons Sold Out
Westport Asset Management Sold Out
Louis Moore Bacon Sold Out
John Griffin 1,594,900 sh (-0.01%)
Mario Gabelli 2,375 sh (-11.21%)
Paul Tudor Jones 21,697 sh (-14.86%)
Bill Ackman 7,601,140 sh (-63.01%)
Steven Cohen 1,300 sh (-99.47%)
» More
» Details

Insider Trades

Latest Guru Trades with APD

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Business Description

Industry: Chemicals » Chemicals
Compare:OTCPK:AIQUY, OTCPK:LNEGY, OTCPK:SHECY, NYSE:EMN, NYSE:ARG, NYSE:CE, OTCPK:AHKSY, OTCPK:SVYZY, NYSE:ASH, OTCPK:PCHUY, OTCPK:MTLHY, OTCPK:SOMMF, NYSE:SQM, NYSE:FMC, OTCPK:FUPBY, NYSE:BAK, NYSE:DOW, OTCPK:MXCHF, OTCPK:INDOY, OTCPK:KURRY » details
Traded in other countries:AP3.Germany,
Air Products & Chemicals Inc is a supplier of hydrogen and helium. It also provides semiconductor materials, refinery hydrogen, natural gas liquefaction and advanced coatings and adhesives.

Air Products & Chemicals Inc was incorporated in Delaware in 1940. The Company is a supplier of hydrogen and helium. It also provides semiconductor materials, refinery hydrogen, natural gas liquefaction and advanced coatings and adhesives. It serves technology, energy, industrial, and healthcare customers with a portfolio of products, services and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. It manages its operations, assesses performance, and reports earnings under four business segments: Merchant Gases, Tonnage Gases, Electronics and Performance Materials and Equipment and Energy. Merchant Gases sells atmospheric gases such as oxygen, nitrogen, and argon, process gases such as hydrogen and helium, and medical and specialty gases, along with certain services and equipment, throughout the world to customers in many industries, including those in metals, glass, chemical processing, food processing, healthcare, steel, general manufacturing, and petroleum and natural gas industries. Merchant Gases includes the following types of products: Liquid bulk, packaged gases and Small on-site plants. Tonnage Gases provides hydrogen, carbon monoxide, nitrogen, oxygen, and syngas to the energy production and refining, chemical, and metallurgical industries. Electronics and Performance Materials segment provides the electronics industry with specialty gases such as nitrogen trifluoride, silane, arsine, phosphine, white ammonia, silicon tetrafluoride, carbon tetrafluoride, hexafluoromethane, critical etch gases and tungsten hexafluoride as well as specialty chemicals, services and equipment for the manufacture of silicon and compound semiconductors, thin film transistor liquid crystal displays, and photovoltaic devices. Equipment and Energy designs and manufactures cryogenic and gas processing equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction and helium and serves energy markets.The Company is subject to federal, state, local, and foreign environmental and safety laws and regulations concerning, among other things, emissions in the air; discharges to land and water; and the generation, handling, treatment and disposal of hazardous waste and other materials.

Guru Investment Theses on Air Products & Chemicals Inc

Bill Ackman Comments on Air Products and Chemicals - May 11, 2016

APD (NYSE:APD) delivered its seventh consecutive quarter of double-digit earnings-per-share (“EPS”) growth under the leadership of CEO Seifi Ghasemi, despite continued foreign exchange (“FX”) and other headwinds. In the first quarter of 2016 (APD’s fiscal 2Q), the company grew EPS by 17%, exceeding consensus estimates by a modest amount. Results were driven by a significant improvement in margins which increased 500 basis points (“bps”) during the quarter to 23.4%. Now halfway through its fiscal year, the company also increased annual EPS guidance modestly to $7.40 to $7.55 or 12% to 14% growth for Fiscal Year 2016.

While the margin improvement was impressive, the company’s volume trends reflected the current economic environment and muted global growth. Sales were $2.3 billion, down 6%, due to decreased energy pass-through (-3%) and FX headwinds (-3%). Underlying growth was flat, on flat volume and pricing. In North America and Europe, APD continued to grow price 1% to 2%, a level it has achieved since Seifi joined. APD can control pricing more than volume, so we view this as a positive sign that the company should be able to sustain modest price growth if and when global growth and volume returns.

Versum, APD’s Materials Technologies business, reported modestly increased profits. It produced a 6% decline in organic revenue due to lower equipment sales in electronics (which are often lumpy) and weak macro trends. Despite lower sales, margins increased 290 bps to 26.2% and EBIT was up 4%. This weak revenue growth and strong margin performance were consistent with recent trends.

APD’s consolidated operating income was up 20% as operating margins increased 500 bps to 23.4%. Of this increase, 460 bps reflected organic improvements while 40 bps was from lower energy pass-through to customers, (which inflates margins with no profit impact). Margins increased across all regions and businesses. Excluding Versum, industrial gas margins were ~22.7%, still ~200 bps behind Praxair’s industrial gas margins. The company intends to close this gap through a further $225 million of operating efficiencies in 2017 to 2019. Seifi stated that he is pleased with the company’s progress on capturing operating efficiencies.

The company lowered full-year capex guidance from $1.3 to $1.2 billion, due to the lower cost of specific projects in the budget. The company brought on-stream a large-scale hydrogen facility in Edmonton, Alberta, which is connected to a regional pipeline and further expands APD’s hydrogen presence in this region. APD spent $400 million on this facility which should produce ~$0.10 to 0.15 cents of earnings per share based on the Company’s guidance for returns on capital expenditures. Growth capex will continue to be an important driver of earnings growth. As the company takes a more disciplined approach to capex, which is expected to be at lower levels than under previous management, we expect returns on capital to increase, generating more capital for share repurchases and dividends.

On May 6th, APD announced that it had signed a definitive agreement to sell the Performance Materials Division (PMD) of its Materials Technologies segment to Evonik Industries AG, a world leader in specialty chemicals and materials, for $3.8 billion. APD had previously announced that it would spin off PMD with its Electronics Material Division (“EMD”) later this year. We view the sale favorably because by selling the business, APD generates cash proceeds that can be used for investment in the business or shareholder return, while eliminating market risk from the financing required for a spinoff transaction. The company will incur substantial taxes on the sale, but, in light of the high purchase price, reflecting its value to a strategic buyer, the net proceeds are likely to generate more value than could be achieved in a spinoff. APD intends to proceed with the spinoff or sale of the EMD later this year, subject to market conditions.

From Bill Ackman (Trades, Portfolio)'s first quarter shareholder letter.

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Bill Ackman Comments on Air Products and Chemicals - Sep 11, 2015

Air Products and Chemicals, Inc. (NYSE:APD)



Air Products announced impressive fiscal third quarter results. APD is making substantial improvements as the transformation under CEO Seifi Ghasemi takes effect. During the quarter, revenue, operating income, unlevered return on capital, and earnings per share increased substantially despite meaningful foreign exchange headwinds.



Most of APD’s volume growth was generated in Asia from new plants coming online. APD has made large capital expenditures in recent years which we expect, as new plants come online, to produce meaningful free cash flow and contribute substantially to intrinsic value over the coming years.



The quarter’s operating margins reached 19.5%, the highest quarterly operating margin in over 25 years. While much of Air Products’ recent margin improvement have been generated from its non-core Materials Technology business, this quarter’s results showed broad improvements in both the Industrial Gas and Materials Technology businesses.



The Materials Technology segment continues to perform well with underlying revenue up 7% (4% volume, 3% price) and margins up by six percentage points to 24.4%. This drove a 36% increase in pre-tax profits. Materials Technology is being positioned for its eventual independence from APD which we expect will take place in a spinoff or similar transaction.



Seifi has set a goal to make Air Products the safest and most profitable industrial gas company in the world. To achieve this goal, Air Products intends to reduce its cost base by $600 million to close its historical performance gap with its competitor Praxair. The cost savings associated with selling and corporate expenses are expected to total $300 million of this opportunity, and will be fully achieved on a run-rate basis by fiscal second quarter 2016 as the company has already taken action to realize much of these savings. The remaining $300 million of savings will come from operational productivity which is expected to be realized over the coming four years. This is the first time Seifi has set a definitive timeline on closing the performance gap with Praxair.



APD is an extremely high quality business run by talented management. We continue to believe there is substantial upside for long-term shareholders.



From Pershing Square's semi-annual 2015 report.



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Ratios

vs
industry
vs
history
P/E(ttm) 58.26
APD's P/E(ttm) is ranked lower than
84% of the 947 Companies
in the Global Chemicals industry.

( Industry Median: 17.24 vs. APD: 58.26 )
Ranked among companies with meaningful P/E(ttm) only.
APD' s P/E(ttm) Range Over the Past 10 Years
Min: 10.73  Med: 21.13 Max: 1264.71
Current: 58.26
10.73
1264.71
Forward P/E 18.52
APD's Forward P/E is ranked lower than
60% of the 112 Companies
in the Global Chemicals industry.

( Industry Median: 16.78 vs. APD: 18.52 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 22.99
APD's PE(NRI) is ranked lower than
61% of the 862 Companies
in the Global Chemicals industry.

( Industry Median: 17.82 vs. APD: 22.99 )
Ranked among companies with meaningful PE(NRI) only.
APD' s PE(NRI) Range Over the Past 10 Years
Min: 8.96  Med: 19.86 Max: 33.19
Current: 22.99
8.96
33.19
Price/Owner Earnings (ttm) 379.86
APD's Price/Owner Earnings (ttm) is ranked lower than
96% of the 467 Companies
in the Global Chemicals industry.

( Industry Median: 17.83 vs. APD: 379.86 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
APD' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 10.41  Med: 25.40 Max: 381.97
Current: 379.86
10.41
381.97
P/B 4.65
APD's P/B is ranked lower than
82% of the 1131 Companies
in the Global Chemicals industry.

( Industry Median: 1.77 vs. APD: 4.65 )
Ranked among companies with meaningful P/B only.
APD' s P/B Range Over the Past 10 Years
Min: 1.85  Med: 3.20 Max: 4.67
Current: 4.65
1.85
4.67
P/S 3.39
APD's P/S is ranked lower than
79% of the 1124 Companies
in the Global Chemicals industry.

( Industry Median: 1.12 vs. APD: 3.39 )
Ranked among companies with meaningful P/S only.
APD' s P/S Range Over the Past 10 Years
Min: 0.94  Med: 2.01 Max: 3.4
Current: 3.39
0.94
3.4
PFCF 31.77
APD's PFCF is ranked lower than
79% of the 430 Companies
in the Global Chemicals industry.

( Industry Median: 14.92 vs. APD: 31.77 )
Ranked among companies with meaningful PFCF only.
APD' s PFCF Range Over the Past 10 Years
Min: 16.39  Med: 51.25 Max: 815.55
Current: 31.77
16.39
815.55
POCF 12.70
APD's POCF is ranked lower than
67% of the 542 Companies
in the Global Chemicals industry.

( Industry Median: 8.78 vs. APD: 12.70 )
Ranked among companies with meaningful POCF only.
APD' s POCF Range Over the Past 10 Years
Min: 5.81  Med: 11.95 Max: 16.1
Current: 12.7
5.81
16.1
EV-to-EBIT 18.38
APD's EV-to-EBIT is ranked lower than
64% of the 966 Companies
in the Global Chemicals industry.

( Industry Median: 13.18 vs. APD: 18.38 )
Ranked among companies with meaningful EV-to-EBIT only.
APD' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.4  Med: 16.00 Max: 25.8
Current: 18.38
8.4
25.8
EV-to-EBITDA 12.64
APD's EV-to-EBITDA is ranked lower than
60% of the 1005 Companies
in the Global Chemicals industry.

( Industry Median: 10.25 vs. APD: 12.64 )
Ranked among companies with meaningful EV-to-EBITDA only.
APD' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.5  Med: 10.00 Max: 16
Current: 12.64
5.5
16
PEG 12.78
APD's PEG is ranked lower than
86% of the 433 Companies
in the Global Chemicals industry.

( Industry Median: 2.22 vs. APD: 12.78 )
Ranked among companies with meaningful PEG only.
APD' s PEG Range Over the Past 10 Years
Min: 0.7  Med: 3.88 Max: 36.12
Current: 12.78
0.7
36.12
Shiller P/E 31.38
APD's Shiller P/E is ranked higher than
50% of the 171 Companies
in the Global Chemicals industry.

( Industry Median: 31.40 vs. APD: 31.38 )
Ranked among companies with meaningful Shiller P/E only.
APD' s Shiller P/E Range Over the Past 10 Years
Min: 18.59  Med: 29.98 Max: 45.84
Current: 31.38
18.59
45.84
Current Ratio 0.79
APD's Current Ratio is ranked lower than
88% of the 949 Companies
in the Global Chemicals industry.

( Industry Median: 1.76 vs. APD: 0.79 )
Ranked among companies with meaningful Current Ratio only.
APD' s Current Ratio Range Over the Past 10 Years
Min: 0.78  Med: 1.29 Max: 1.73
Current: 0.79
0.78
1.73
Quick Ratio 0.62
APD's Quick Ratio is ranked lower than
85% of the 949 Companies
in the Global Chemicals industry.

( Industry Median: 1.27 vs. APD: 0.62 )
Ranked among companies with meaningful Quick Ratio only.
APD' s Quick Ratio Range Over the Past 10 Years
Min: 0.59  Med: 0.99 Max: 1.35
Current: 0.62
0.59
1.35
Days Inventory 37.43
APD's Days Inventory is ranked higher than
79% of the 1012 Companies
in the Global Chemicals industry.

( Industry Median: 66.52 vs. APD: 37.43 )
Ranked among companies with meaningful Days Inventory only.
APD' s Days Inventory Range Over the Past 10 Years
Min: 24.27  Med: 34.35 Max: 41.5
Current: 37.43
24.27
41.5
Days Sales Outstanding 52.51
APD's Days Sales Outstanding is ranked higher than
59% of the 861 Companies
in the Global Chemicals industry.

( Industry Median: 59.53 vs. APD: 52.51 )
Ranked among companies with meaningful Days Sales Outstanding only.
APD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.29  Med: 56.39 Max: 71.82
Current: 52.51
49.29
71.82

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.26
APD's Dividend Yield is ranked higher than
53% of the 1055 Companies
in the Global Chemicals industry.

( Industry Median: 1.10 vs. APD: 2.26 )
Ranked among companies with meaningful Dividend Yield only.
APD' s Dividend Yield Range Over the Past 10 Years
Min: 1.49  Med: 2.31 Max: 3.83
Current: 2.26
1.49
3.83
Dividend Payout 0.51
APD's Dividend Payout is ranked lower than
72% of the 702 Companies
in the Global Chemicals industry.

( Industry Median: 0.31 vs. APD: 0.51 )
Ranked among companies with meaningful Dividend Payout only.
APD' s Dividend Payout Range Over the Past 10 Years
Min: 0.18  Med: 0.40 Max: 1.92
Current: 0.51
0.18
1.92
Dividend Growth (3y) 8.60
APD's Dividend Growth (3y) is ranked higher than
59% of the 545 Companies
in the Global Chemicals industry.

( Industry Median: 5.30 vs. APD: 8.60 )
Ranked among companies with meaningful Dividend Growth (3y) only.
APD' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 5.4  Med: 10.10 Max: 15.1
Current: 8.6
5.4
15.1
Forward Dividend Yield 2.31
APD's Forward Dividend Yield is ranked higher than
52% of the 1007 Companies
in the Global Chemicals industry.

( Industry Median: 2.26 vs. APD: 2.31 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 3.76
APD's Yield on cost (5-Year) is ranked higher than
65% of the 1204 Companies
in the Global Chemicals industry.

( Industry Median: 2.46 vs. APD: 3.76 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
APD' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 2.48  Med: 3.84 Max: 6.37
Current: 3.76
2.48
6.37
3-Year Average Share Buyback Ratio -0.40
APD's 3-Year Average Share Buyback Ratio is ranked higher than
64% of the 471 Companies
in the Global Chemicals industry.

( Industry Median: -1.60 vs. APD: -0.40 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
APD' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -0.8  Med: 0.30 Max: 2
Current: -0.4
-0.8
2

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 6.09
APD's Price/Tangible Book is ranked lower than
84% of the 1074 Companies
in the Global Chemicals industry.

( Industry Median: 1.84 vs. APD: 6.09 )
Ranked among companies with meaningful Price/Tangible Book only.
APD' s Price/Tangible Book Range Over the Past 10 Years
Min: 2.52  Med: 3.85 Max: 5.91
Current: 6.09
2.52
5.91
Price/Projected FCF 3.14
APD's Price/Projected FCF is ranked lower than
79% of the 575 Companies
in the Global Chemicals industry.

( Industry Median: 1.27 vs. APD: 3.14 )
Ranked among companies with meaningful Price/Projected FCF only.
APD' s Price/Projected FCF Range Over the Past 10 Years
Min: 1.22  Med: 2.16 Max: 3.53
Current: 3.14
1.22
3.53
Price/DCF (Earnings Based) 2.15
APD's Price/DCF (Earnings Based) is ranked lower than
67% of the 70 Companies
in the Global Chemicals industry.

( Industry Median: 1.59 vs. APD: 2.15 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 1.68
APD's Price/Median PS Value is ranked lower than
73% of the 1112 Companies
in the Global Chemicals industry.

( Industry Median: 1.21 vs. APD: 1.68 )
Ranked among companies with meaningful Price/Median PS Value only.
APD' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.54  Med: 0.91 Max: 1.63
Current: 1.68
0.54
1.63
Price/Graham Number 2.50
APD's Price/Graham Number is ranked lower than
75% of the 830 Companies
in the Global Chemicals industry.

( Industry Median: 1.17 vs. APD: 2.50 )
Ranked among companies with meaningful Price/Graham Number only.
APD' s Price/Graham Number Range Over the Past 10 Years
Min: 1.24  Med: 1.85 Max: 5.94
Current: 2.5
1.24
5.94
Earnings Yield (Greenblatt) (%) 5.39
APD's Earnings Yield (Greenblatt) (%) is ranked lower than
53% of the 1199 Companies
in the Global Chemicals industry.

( Industry Median: 5.80 vs. APD: 5.39 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
APD' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 3.9  Med: 6.30 Max: 11.9
Current: 5.39
3.9
11.9
Forward Rate of Return (Yacktman) (%) 4.05
APD's Forward Rate of Return (Yacktman) (%) is ranked higher than
50% of the 566 Companies
in the Global Chemicals industry.

( Industry Median: 4.05 vs. APD: 4.05 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
APD' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: 2.1  Med: 6.70 Max: 16.8
Current: 4.05
2.1
16.8

More Statistics

Revenue (TTM) (Mil) $9,547
EPS (TTM) $ 2.55
Beta1.30
Short Percentage of Float1.40%
52-Week Range $114.64 - 152.16
Shares Outstanding (Mil)216.08

Analyst Estimate

Sep16 Sep17 Sep18
Revenue (Mil $) 9,393 9,698 9,949
EPS ($) 7.34 7.81 8.33
EPS w/o NRI ($) 7.34 7.81 8.33
EPS Growth Rate
(3Y to 5Y Estimate)
12.17%
Dividends Per Share ($) 3.21 3.47 4.04
» More Articles for APD

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Dividend Aristocrats Part 40: Air Products & Chemicals Jan 06 2016 

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