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102.71 (1y: +17%)
Market Cap 7.78 B P/E(ttm) 23.60
Enterprise Value 10.01 B P/B 4.45
ARG- NYSE (USA)
Airgas Inc
  • Currently 3/5
Business Predictability Rank: 3-Star
Back Testing Results:
Average gain of all 3-Star stocks: 8.2% per year.
% of Stocks that are in still loss if held for 10yrs: 11%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$102.71
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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 0.021
ARG's Cash to Debt is ranked lower than
97% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.83 vs. ARG: 0.021 )
ARG' s 10-Year Cash to Debt Range
Min: 0.02   Max: 0.05
Current: 0.02
0.02
0.05
Equity to Asset 0.07
ARG's Equity to Asset is ranked lower than
92% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.54 vs. ARG: 0.07 )
ARG' s 10-Year Equity to Asset Range
Min: 0.02   Max: 0.14
Current: 0.07
0.02
0.14
Interest Coverage 8.8
ARG's Interest Coverage is ranked lower than
56% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 13.30 vs. ARG: 8.8 )
ARG' s 10-Year Interest Coverage Range
Min: 2   Max: 9
Current: 8.8
2
9
F-Score: 6
Z-Score: 2.43
M-Score: -2.61
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 : 7/10

vs
industry		 vs
history
Operating margin (%) 12.00
ARG's Operating margin (%) is ranked higher than
79% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 5.80 vs. ARG: 12.00 )
ARG' s 10-Year Operating margin (%) Range
Min: 6.6   Max: 12.1
Current: 12
6.6
12.1
Net-margin (%) 6.9
ARG's Net-margin (%) is ranked higher than
68% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 3.90 vs. ARG: 6.9 )
ARG' s 10-Year Net-margin (%) Range
Min: -0.6   Max: 6.9
Current: 6.9
-0.6
6.9
ROE (%) 22.2
ARG's ROE (%) is ranked higher than
94% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 5.70 vs. ARG: 22.2 )
ARG' s 10-Year ROE (%) Range
Min: -2.1   Max: 22.2
Current: 22.2
-2.1
22.2
ROA (%) 6.1
ARG's ROA (%) is ranked higher than
75% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 3.20 vs. ARG: 6.1 )
ARG' s 10-Year ROA (%) Range
Min: -0.6   Max: 6.1
Current: 6.1
-0.6
6.1
ROC (Joel Greenblatt) (%) 17.00
ARG's ROC (Joel Greenblatt) (%) is ranked higher than
64% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 11.20 vs. ARG: 17.00 )
ARG' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 11.1   Max: 20.5
Current: 17
11.1
20.5
Revenue Growth (%) 8.2
ARG's Revenue Growth (%) is ranked higher than
81% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.00 vs. ARG: 8.2 )
ARG' s 10-Year Revenue Growth (%) Range
Min: 1.1   Max: 11.2
Current: 8.2
1.1
11.2
EBITDA Growth (%) 10.6
ARG's EBITDA Growth (%) is ranked higher than
84% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.00 vs. ARG: 10.6 )
ARG' s 10-Year EBITDA Growth (%) Range
Min: 1.6   Max: 17.9
Current: 10.6
1.6
17.9
EPS Growth (%) 16.8
ARG's EPS Growth (%) is ranked higher than
90% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.00 vs. ARG: 16.8 )
ARG' s 10-Year EPS Growth (%) Range
Min: 2.4   Max: 26.3
Current: 16.8
2.4
26.3
» ARG's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

ARG Guru Trades in Q2 2012

Jim Simons 272,600 sh (New)
Jeremy Grantham 6,300 sh (New)
Steven Cohen 12,001 sh (+63.77%)
John Burbank 241,500 sh (+37.45%)
Chuck Royce 8,400 sh (unchged)
Mario Gabelli Sold Out
Ron Baron 718,704 sh (-12.92%)
Pioneer Investments 975,318 sh (-18.46%)
RS Investment Management 498,341 sh (-36.87%)
Paul Tudor Jones 6,500 sh (-55.48%)
Bruce Kovner 7,906 sh (-96.02%)
» More
Q3 2012

ARG Guru Trades in Q3 2012

Paul Tudor Jones 28,900 sh (+344.62%)
Jim Simons 351,700 sh (+29.02%)
Chuck Royce 8,400 sh (unchged)
Bruce Kovner Sold Out
Jeremy Grantham Sold Out
Steven Cohen Sold Out
Ron Baron 718,005 sh (-0.1%)
Pioneer Investments 835,944 sh (-14.29%)
RS Investment Management 319,304 sh (-35.93%)
John Burbank 19,900 sh (-91.76%)
» More
Q4 2012

ARG Guru Trades in Q4 2012

Columbia Wanger 384,909 sh (New)
Steven Cohen 13,524 sh (New)
Chuck Royce 8,400 sh (unchged)
John Burbank Sold Out
Paul Tudor Jones Sold Out
Ron Baron 715,907 sh (-0.29%)
Pioneer Investments 708,704 sh (-15.22%)
RS Investment Management 250,278 sh (-21.62%)
Jim Simons 66,100 sh (-81.21%)
» More
Q1 2013

ARG Guru Trades in Q1 2013

Paul Tudor Jones 65,000 sh (New)
Steven Cohen 79,000 sh (+484.15%)
Pioneer Investments 726,085 sh (+2.45%)
Chuck Royce 8,400 sh (unchged)
Columbia Wanger 384,909 sh (unchged)
Jim Simons Sold Out
RS Investment Management Sold Out
Ron Baron 704,377 sh (-1.61%)
» More
» Details

Insider Trades

Latest Guru Trades with ARG

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Burbank 2012-12-31 Sold Out 0.08%$80.11 - $92.39 $ 102.7118%0
John Burbank 2012-09-30 Reduce -91.76%0.63%$78.25 - $86.01 $ 102.7125%19900
John Burbank 2012-06-30 Add 37.45%0.19%$80.02 - $92.54 $ 102.7117%241500
Mario Gabelli 2012-06-30 Sold Out 0.0019%$80.02 - $92.54 $ 102.7117%0
John Burbank 2012-03-31 New Buy0.53%$77.02 - $89.43 $ 102.7136%175700
Jean-Marie Eveillard 2012-03-31 Sold Out 0.2%$77.02 - $89.43 $ 102.7136%0
Mario Gabelli 2012-03-31 Reduce -72.73%$77.02 - $89.43 $ 102.7136%3000
Jean-Marie Eveillard 2011-12-31 New Buy0.2%$62.47 - $80.22 $ 102.7143%577831
Mario Gabelli 2011-12-31 Reduce -56%0.01%$62.47 - $80.22 $ 102.7143%11000
Ron Baron 2011-09-30 Add 28.48%0.08%$58.5 - $70.72 $ 102.7157%797835
Ron Baron 2011-06-30 Add 221.16%0.17%$65.8 - $69.97 $ 102.7152%620993
Mario Gabelli 2011-06-30 Add 26.32%$65.8 - $69.97 $ 102.7152%24000
Daniel Loeb 2011-03-31 Sold Out 1.33%$60.87 - $66.78 $ 102.7162%0
Mario Gabelli 2011-03-31 Reduce -92.92%0.13%$60.87 - $66.78 $ 102.7162%19000
John Paulson 2011-03-31 Sold Out 0.11%$60.87 - $66.78 $ 102.7162%0
Ron Baron 2011-03-31 New Buy0.07%$60.87 - $66.78 $ 102.7162%193359
Richard Perry 2011-03-31 Sold Out $60.87 - $66.78 $ 102.7162%0
Michael Price 2011-03-31 Sold Out $60.87 - $66.78 $ 102.7162%0
Jean-Marie Eveillard 2011-03-31 Sold Out $60.87 - $66.78 $ 102.7162%0
Daniel Loeb 2010-12-31 Reduce -73.33%3.66%$61.1 - $71 $ 102.7155%400000
Richard Perry 2010-12-31 Reduce -86.87%1.65%$61.1 - $71 $ 102.7155%164938
Michael Price 2010-12-31 New Buy1.26%$61.1 - $71 $ 102.7155%120000
John Paulson 2010-12-31 Reduce -66.67%0.22%$61.1 - $71 $ 102.7155%500000
Jean-Marie Eveillard 2010-12-31 Add 290.33%0.06%$61.1 - $71 $ 102.7155%234195
Mario Gabelli 2010-12-31 Add 221.94%0.04%$61.1 - $71 $ 102.7155%268500
George Soros 2010-12-31 Sold Out 0.02%$61.1 - $71 $ 102.7155%0
Daniel Loeb 2010-09-30 Add 38.89%2.99%$62.57 - $68.04 $ 102.7156%1500000
Richard Perry 2010-09-30 Add 988.7%1.22%$62.57 - $68.04 $ 102.7156%1256415
Jean-Marie Eveillard 2010-09-30 Reduce -91.6%0.33%$62.57 - $68.04 $ 102.7156%60000
John Paulson 2010-09-30 Add 50%0.15%$62.57 - $68.04 $ 102.7156%1500000
George Soros 2010-09-30 Reduce -46.58%0.02%$62.57 - $68.04 $ 102.7156%16400
Mario Gabelli 2010-09-30 Add 61.94%0.01%$62.57 - $68.04 $ 102.7156%83400
Daniel Loeb 2010-06-30 Add 16.76%1.06%$59.79 - $64.4 $ 102.71136%1080000
John Paulson 2010-06-30 New Buy0.27%$59.79 - $64.4 $ 102.71136%1000000
Jean-Marie Eveillard 2010-06-30 Reduce -39.83%0.13%$59.79 - $64.4 $ 102.71136%714601
Richard Perry 2010-06-30 Reduce -61.71%0.12%$59.79 - $64.4 $ 102.71136%115405
George Soros 2010-06-30 New Buy0.06%$59.79 - $64.4 $ 102.71136%30700
Mario Gabelli 2010-06-30 Add 171.05%0.01%$59.79 - $64.4 $ 102.71136%51500
Daniel Loeb 2010-03-31 New Buy4.19%$42.26 - $65.71 $ 102.71260%925000
Meridian Funds 2010-03-31 Sold Out 0.63%$42.26 - $65.71 $ 102.71260%0
Jean-Marie Eveillard 2010-03-31 New Buy0.58%$42.26 - $65.71 $ 102.71260%1187644
Richard Perry 2010-03-31 New Buy0.57%$42.26 - $65.71 $ 102.71260%301400
Ron Baron 2010-03-31 Sold Out 0.52%$42.26 - $65.71 $ 102.71260%0
John Keeley 2010-03-31 Sold Out 0.05%$42.26 - $65.71 $ 102.71260%0
George Soros 2010-03-31 Sold Out $42.26 - $65.71 $ 102.71260%0
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Airgas Inc

My 4 Favorite Stocks With Dividend Growth From Last Week
May 5, 2013
Last week was an interesting one because some of the big players announced a dividend hike, in line with the expectations of the market. They are still continuing long-term dividend growth. Below the results are: PepsiCo Inc., Airgas Inc., International Business Machines Corp. and American Express Co. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 23.60
ARG's P/E(ttm) is ranked lower than
59% of the 1039 Companies
in the Global Diversified Industrials industry.

( Industry Median: 19.40 vs. ARG: 23.60 )
ARG' s 10-Year P/E(ttm) Range
Min: 8.11   Max: 30.67
Current: 23.6
8.11
30.67
P/B 4.45
ARG's P/B is ranked lower than
93% of the 1249 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.26 vs. ARG: 4.45 )
ARG' s 10-Year P/B Range
Min: 0.66   Max: 5.13
Current: 4.45
0.66
5.13
P/S 1.62
ARG's P/S is ranked lower than
72% of the 1266 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.85 vs. ARG: 1.62 )
ARG' s 10-Year P/S Range
Min: 0.2   Max: 1.63
Current: 1.62
0.2
1.63
PFCF 35.79
ARG's PFCF is ranked lower than
77% of the 815 Companies
in the Global Diversified Industrials industry.

( Industry Median: 16.95 vs. ARG: 35.79 )
ARG' s 10-Year PFCF Range
Min: 3.12   Max: 154.09
Current: 35.79
3.12
154.09
EV-to-EBIT 16.79
ARG's EV-to-EBIT is ranked lower than
61% of the 1047 Companies
in the Global Diversified Industrials industry.

( Industry Median: 13.47 vs. ARG: 16.79 )
ARG' s 10-Year EV-to-EBIT Range
Min: 7.5   Max: 18
Current: 16.79
7.5
18
PEG 2.78
ARG's PEG is ranked lower than
59% of the 319 Companies
in the Global Diversified Industrials industry.

( Industry Median: 2.08 vs. ARG: 2.78 )
ARG' s 10-Year PEG Range
Min: 0.38   Max: 6.45
Current: 2.78
0.38
6.45
Shiller P/E 30.01
ARG's Shiller P/E is ranked lower than
100% of the Companies
in the Global Diversified Industrials industry.

( Industry Median: vs. ARG: 30.01 )
ARG' s 10-Year Shiller P/E Range
Min: 13.48   Max: 39.18
Current: 30.01
13.48
39.18

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.56
ARG's Dividend Yield is ranked higher than
63% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.10 vs. ARG: 1.56 )
ARG' s 10-Year Dividend Yield Range
Min: 0.21   Max: 2.07
Current: 1.56
0.21
2.07
Dividend Payout 0.4
ARG's Dividend Payout is ranked higher than
50% of the 715 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.35 vs. ARG: 0.4 )
ARG' s 10-Year Dividend Payout Range
Min: 0.15   Max: 0.37
Current: 0.4
0.15
0.37
Dividend growth (3y) 20.5
ARG's Dividend growth (3y) is ranked higher than
97% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.00 vs. ARG: 20.5 )
ARG' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 28.4
Current: 20.5
0
28.4
Yield on cost (5-Year) 5.87
ARG's Yield on cost (5-Year) is ranked higher than
95% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.10 vs. ARG: 5.87 )
ARG' s 10-Year Yield on cost (5-Year) Range
Min: 0.77   Max: 7.6
Current: 5.87
0.77
7.6
Share Buyback Rate 1.7
ARG's Share Buyback Rate is ranked higher than
98% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.00 vs. ARG: 1.7 )
ARG' s 10-Year Share Buyback Rate Range
Min: 1.7   Max: -2.9
Current: 1.7

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 10.8
ARG's Price/Net Current Asset Value is ranked lower than
79% of the 1168 Companies
in the Global Diversified Industrials industry.

( Industry Median: 4.80 vs. ARG: 10.8 )
ARG' s 10-Year Price/Net Current Asset Value Range
Min: 2.7   Max: 19.3
Current: 10.8
2.7
19.3
Price/Tangible Book 68.2
ARG's Price/Tangible Book is ranked lower than
98% of the 1191 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.40 vs. ARG: 68.2 )
ARG' s 10-Year Price/Tangible Book Range
Min: 6.4   Max: 67.9
Current: 68.2
6.4
67.9
Price/DCF (Projected) 2.2
ARG's Price/DCF (Projected) is ranked lower than
81% of the 318 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.30 vs. ARG: 2.2 )
ARG' s 10-Year Price/DCF (Projected) Range
Min: 0.8   Max: 2.2
Current: 2.2
0.8
2.2
Price/Median PS Value 1.7
ARG's Price/Median PS Value is ranked lower than
89% of the 1216 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.10 vs. ARG: 1.7 )
ARG' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.7
Current: 1.7
0.4
1.7
Price/Peter Lynch Fair Value 3.4
ARG's Price/Peter Lynch Fair Value is ranked lower than
90% of the 129 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.40 vs. ARG: 3.4 )
ARG' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.5   Max: 4
Current: 3.4
0.5
4
Price/Graham Number 8.3
ARG's Price/Graham Number is ranked lower than
96% of the 987 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.20 vs. ARG: 8.3 )
ARG' s 10-Year Price/Graham Number Range
Min: 2.2   Max: 8.3
Current: 8.3
2.2
8.3
Earnings Yield (Greenblatt) 6.00
ARG's Earnings Yield (Greenblatt) is ranked higher than
50% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 6.00 vs. ARG: 6.00 )
ARG' s 10-Year Earnings Yield (Greenblatt) Range
Min: 5.5   Max: 13.3
Current: 6
5.5
13.3
Forward Rate of Return (Yacktman) 7.94
ARG's Forward Rate of Return (Yacktman) is ranked higher than
88% of the 1273 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.00 vs. ARG: 7.94 )
ARG' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 8.2   Max: 29.6
Current: 7.94
8.2
29.6

Business Description

Airgas, Inc. became a publicly traded company on the New York Stock Exchange in 1986. The Company through its subsidiaries is a distributor of industrial, medical, and specialty gases and hardgoods, such as welding equipment and supplies. The Company has two reporting businesssegments, Distribution and All Other Operations. The Distribution business segment's main products include industrial, medical and specialty gases sold in packaged and bulk quantities, as well as hardgoods. The Company's air separation production facilities and national specialty gas labs mainly produce gases that are sold by the Distribution segment's business units. Business units in the Distribution business segment also recognize rental revenue and distribute hardgoods. Gas sales include nitrogen, oxygen, argon, helium, hydrogen, welding and fuel gases such as acetylene, propylene and propane, carbon dioxide, nitrous oxide, ultra high purity grades, special application blends and process chemicals. The All Other Operations business segment consists of six business units. The main products manufactured and distributed are carbon dioxide, dry ice (solid form of carbon dioxide), nitrous oxide, ammonia and refrigerant gases. It is the second largest U.S. manufacturer and distributor of liquid carbon dioxide, and the largest U.S. manufacturer and a distributor of dry ice. Customers for carbon dioxide and dry ice include food processors, food service businesses, pharmaceutical and biotech industries, and wholesale trade and grocery outlets, with food and beverage applications accounting for approximately 70% of the market. It is the largest manufacturer of nitrous oxide gas in North America, with four nitrous oxide production facilities operated by the Company. Nitrous oxide is used as an anesthetic in the medical and dental fields, as a propellant in the packaged food business and in the manufacturing process of certain electronics industries. Airgas Specialty Products is a distributor of anhydrous and aqua ammonia. Industrial ammonia applications mainly include the abatement of nitrogen oxide compounds in the utilities industry (DeNOx), chemicals processing, commercial refrigeration, water treatment and metal treatment. Refrigerants are used in a variety of commercial and consumer freezing and cooling applications. Airgas purchases and distributes refrigerants and provides technical and refrigerant reclamation services. The Company markets these products to its diversified customer base through multiple sales channels including branch-based sales representatives, retail stores, strategic customer account programs, telesales, catalogs, eBusiness and independent distributors. The Company holds the following registered trademarks: 'Airgas,' 'Radnor,' 'Gold Gas,' 'SteelMIX,' 'StainMIX,' 'AluMIX,' 'Outlook,' 'Ny-Trous+,' 'Powersource,' 'Red-D-Arc,' 'RED-D-ARC WELDERENTALS,' 'Aspen,' 'Gaspro,' 'GAIN,' 'Walk- O2-Bout,' 'Airgas Puritan Medical,' 'Penguin Brand Dry I
Company Website
SEC Reports
Industry: Diversified Industrials
Compare:UTX, MMM, AP, EMR, SBGSY
» More Articles for ARG

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