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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 : 7/10

vs
industry
vs
history
Cash to Debt 0.02
PX's Cash to Debt is ranked lower than
65% of the 1973 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.79 vs. PX: 0.02 )
PX' s 10-Year Cash to Debt Range
Min: 0   Max: 0.07
Current: 0.02

0
0.07
Equity to Asset 0.33
PX's Equity to Asset is ranked lower than
56% of the 1968 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.51 vs. PX: 0.33 )
PX' s 10-Year Equity to Asset Range
Min: 0.23   Max: 0.41
Current: 0.33

0.23
0.41
Interest Coverage 16.01
PX's Interest Coverage is ranked higher than
57% of the 1270 Companies
in the Global Diversified Industrials industry.

( Industry Median: 29.41 vs. PX: 16.01 )
PX' s 10-Year Interest Coverage Range
Min: 3.16   Max: 16.66
Current: 16.01

3.16
16.66
F-Score: 6
Z-Score: 3.37
M-Score: -2.73
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 : 8/10

vs
industry
vs
history
Operating margin (%) 22.46
PX's Operating margin (%) is ranked higher than
97% of the 1981 Companies
in the Global Diversified Industrials industry.

( Industry Median: 6.53 vs. PX: 22.46 )
PX' s 10-Year Operating margin (%) Range
Min: 14.02   Max: 22.01
Current: 22.46

14.02
22.01
Net-margin (%) 15.08
PX's Net-margin (%) is ranked higher than
94% of the 1981 Companies
in the Global Diversified Industrials industry.

( Industry Median: 4.69 vs. PX: 15.08 )
PX' s 10-Year Net-margin (%) Range
Min: 6.34   Max: 15.07
Current: 15.08

6.34
15.07
ROE (%) 28.43
PX's ROE (%) is ranked higher than
97% of the 1968 Companies
in the Global Diversified Industrials industry.

( Industry Median: 7.63 vs. PX: 28.43 )
PX' s 10-Year ROE (%) Range
Min: 15.31   Max: 29.65
Current: 28.43

15.31
29.65
ROA (%) 9.03
PX's ROA (%) is ranked higher than
92% of the 1986 Companies
in the Global Diversified Industrials industry.

( Industry Median: 3.75 vs. PX: 9.03 )
PX' s 10-Year ROA (%) Range
Min: 4.69   Max: 10.57
Current: 9.03

4.69
10.57
ROC (Joel Greenblatt) (%) 20.55
PX's ROC (Joel Greenblatt) (%) is ranked higher than
83% of the 1985 Companies
in the Global Diversified Industrials industry.

( Industry Median: 12.35 vs. PX: 20.55 )
PX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 13.73   Max: 35.44
Current: 20.55

13.73
35.44
Revenue Growth (%) 7.10
PX's Revenue Growth (%) is ranked higher than
76% of the 1748 Companies
in the Global Diversified Industrials industry.

( Industry Median: 4.00 vs. PX: 7.10 )
PX' s 10-Year Revenue Growth (%) Range
Min: 0.7   Max: 14.3
Current: 7.1

0.7
14.3
EBITDA Growth (%) 8.70
PX's EBITDA Growth (%) is ranked higher than
77% of the 1540 Companies
in the Global Diversified Industrials industry.

( Industry Median: 3.60 vs. PX: 8.70 )
PX' s 10-Year EBITDA Growth (%) Range
Min: -2.2   Max: 15.8
Current: 8.7

-2.2
15.8
EPS Growth (%) 15.20
PX's EPS Growth (%) is ranked higher than
80% of the 1385 Companies
in the Global Diversified Industrials industry.

( Industry Median: 4.50 vs. PX: 15.20 )
PX' s 10-Year EPS Growth (%) Range
Min: -3.8   Max: 20.3
Current: 15.2

-3.8
20.3
» PX's 10-Y Financials

Financials


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

» Details

Guru Trades

Q3 2013

PX Guru Trades in Q3 2013

John Rogers 12,793 sh (New)
Paul Tudor Jones 6,200 sh (New)
Ray Dalio 38,536 sh (New)
Steven Cohen 46,389 sh (+15363%)
Jim Simons 308,300 sh (+50.24%)
Pioneer Investments 343,479 sh (+6.08%)
PRIMECAP Management 1,410,470 sh (+4.25%)
Wallace Weitz 125,700 sh (+0.56%)
Chris Davis 2,277,346 sh (+0.18%)
Bernard Horn 18,865 sh (unchged)
Westport Asset Management 123,000 sh (unchged)
Jean-Marie Eveillard 214,000 sh (unchged)
Ruane Cunniff 1,927,796 sh (unchged)
John Burbank Sold Out
Frank Sands Sold Out
Tom Russo 29,575 sh (-0.34%)
RS Investment Management 316,304 sh (-1.12%)
» More
Q4 2013

PX Guru Trades in Q4 2013

John Rogers 63,701 sh (+397.94%)
PRIMECAP Management 1,705,470 sh (+20.92%)
Pioneer Investments 368,307 sh (+7.23%)
Jean-Marie Eveillard 214,000 sh (unchged)
Westport Asset Management 123,000 sh (unchged)
Wallace Weitz 125,700 sh (unchged)
Bernard Horn 18,865 sh (unchged)
Ray Dalio Sold Out
Paul Tudor Jones Sold Out
Steven Cohen Sold Out
Tom Russo 29,525 sh (-0.17%)
RS Investment Management 312,709 sh (-1.14%)
Ruane Cunniff 1,904,750 sh (-1.2%)
Chris Davis 2,250,026 sh (-1.2%)
Jim Simons 247,400 sh (-19.75%)
» More
Q1 2014

PX Guru Trades in Q1 2014

Steven Cohen 10,764 sh (New)
Bernard Horn 25,065 sh (+32.87%)
John Rogers 67,752 sh (+6.36%)
Pioneer Investments 385,866 sh (+4.77%)
PRIMECAP Management 1,706,470 sh (+0.06%)
Wallace Weitz 125,700 sh (unchged)
Jean-Marie Eveillard 214,000 sh (unchged)
Westport Asset Management 123,000 sh (unchged)
Ruane Cunniff 1,901,977 sh (-0.15%)
Tom Russo 27,150 sh (-8.04%)
Chris Davis 1,982,645 sh (-11.88%)
RS Investment Management 218,899 sh (-30%)
Jim Simons 155,000 sh (-37.35%)
» More
Q2 2014

PX Guru Trades in Q2 2014

Diamond Hill Capital 271,528 sh (New)
Ray Dalio 3,921 sh (New)
Paul Tudor Jones 4,598 sh (New)
John Rogers 78,925 sh (+16.49%)
Pioneer Investments 389,812 sh (+1.02%)
RS Investment Management 220,049 sh (+0.53%)
Westport Asset Management 123,000 sh (unchged)
Bernard Horn 25,065 sh (unchged)
Jean-Marie Eveillard 214,000 sh (unchged)
Wallace Weitz 125,645 sh (-0.04%)
Ruane Cunniff 1,898,588 sh (-0.18%)
PRIMECAP Management 1,693,370 sh (-0.77%)
Chris Davis 1,868,017 sh (-5.78%)
Tom Russo 15,750 sh (-41.99%)
Jim Simons 81,700 sh (-47.29%)
» More
» Details

Insider Trades

Latest Guru Trades with PX

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ray Dalio 2014-06-30 New Buy$127 - $134.67 $ 127.01-3%3921
John Rogers 2013-12-31 Add 397.94%0.08%$117.75 - $130.01 $ 127.012%63701
PRIMECAP Management 2013-12-31 Add 20.92%0.05%$117.75 - $130.01 $ 127.012%1705470
Ray Dalio 2013-12-31 Sold Out 0.04%$117.75 - $130.01 $ 127.012%0
Frank Sands 2013-09-30 Sold Out 2.9%$114.7 - $123.73 $ 127.017%0
John Burbank 2013-09-30 Sold Out 0.36%$114.7 - $123.73 $ 127.017%0
Ray Dalio 2013-09-30 New Buy0.04%$114.7 - $123.73 $ 127.017%38536
John Rogers 2013-09-30 New Buy0.02%$114.7 - $123.73 $ 127.017%12793
John Burbank 2013-06-30 New Buy0.36%$107.69 - $119.52 $ 127.0112%93830
Ray Dalio 2013-06-30 Sold Out 0.01%$107.69 - $119.52 $ 127.0112%0
Frank Sands 2013-03-31 Add 7.18%0.19%$109.45 - $114.18 $ 127.0113%7311432
Ray Dalio 2013-03-31 New Buy0.01%$109.45 - $114.18 $ 127.0113%13087
Frank Sands 2012-12-31 Add 3.73%0.11%$103.7 - $110.09 $ 127.0119%6821699
Ken Fisher 2012-12-31 Sold Out 0.002%$103.7 - $110.09 $ 127.0119%0
John Burbank 2012-09-30 Sold Out 0.45%$102.91 - $109.69 $ 127.0119%0
PRIMECAP Management 2012-09-30 Add 23.51%0.05%$102.91 - $109.69 $ 127.0119%1406170
John Burbank 2012-06-30 Reduce -57.39%0.63%$102.82 - $116.7 $ 127.0116%121300
Frank Sands 2012-06-30 Add 9.97%0.29%$102.82 - $116.7 $ 127.0116%6414718
Ken Fisher 2012-06-30 New Buy$102.82 - $116.7 $ 127.0116%6971
John Burbank 2012-03-31 Add 303.83%0.83%$105.69 - $114.56 $ 127.0124%284700
Ruane Cunniff 2011-12-31 Add 41.88%0.53%$91.74 - $107.29 $ 127.0126%1911038
Ruane Cunniff 2011-09-30 Add 10.38%0.12%$90.16 - $111.3 $ 127.0127%1346949
Chris Davis 2011-09-30 Add 23.98%0.1%$90.16 - $111.3 $ 127.0127%2488888
Jean-Marie Eveillard 2011-09-30 Reduce -39.63%0.09%$90.16 - $111.3 $ 127.0127%267810
Premium More recent guru trades are included for Premium Members only!!
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» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 20.60
PX's P/E(ttm) is ranked higher than
72% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 22.10 vs. PX: 20.60 )
PX' s 10-Year P/E(ttm) Range
Min: 13.02   Max: 25.87
Current: 20.6

13.02
25.87
P/B 5.37
PX's P/B is ranked lower than
57% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.70 vs. PX: 5.37 )
PX' s 10-Year P/B Range
Min: 3.39   Max: 6.02
Current: 5.37

3.39
6.02
P/S 3.11
PX's P/S is ranked lower than
52% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.97 vs. PX: 3.11 )
PX' s 10-Year P/S Range
Min: 1.58   Max: 3.32
Current: 3.11

1.58
3.32
PFCF 26.24
PX's PFCF is ranked higher than
80% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 9999.00 vs. PX: 26.24 )
PX' s 10-Year PFCF Range
Min: 21.14   Max: 125.53
Current: 26.24

21.14
125.53
EV-to-EBIT 17.02
PX's EV-to-EBIT is ranked higher than
69% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 15.80 vs. PX: 17.02 )
PX' s 10-Year EV-to-EBIT Range
Min: 10.9   Max: 23.1
Current: 17.02

10.9
23.1
PEG 1.75
PX's PEG is ranked higher than
85% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 9999.00 vs. PX: 1.75 )
PX' s 10-Year PEG Range
Min: 0.81   Max: 11.11
Current: 1.75

0.81
11.11
Shiller P/E 24.28
PX's Shiller P/E is ranked higher than
83% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 110.46 vs. PX: 24.28 )
PX' s 10-Year Shiller P/E Range
Min: 18.17   Max: 35.53
Current: 24.28

18.17
35.53
Current Ratio 1.24
PX's Current Ratio is ranked lower than
52% of the 1975 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.82 vs. PX: 1.24 )
PX' s 10-Year Current Ratio Range
Min: 0.64   Max: 1.43
Current: 1.24

0.64
1.43
Quick Ratio 1.03
PX's Quick Ratio is ranked higher than
57% of the 1975 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.28 vs. PX: 1.03 )
PX' s 10-Year Quick Ratio Range
Min: 0.53   Max: 1.16
Current: 1.03

0.53
1.16

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.00
PX's Dividend Yield is ranked higher than
62% of the 1536 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.66 vs. PX: 2.00 )
PX' s 10-Year Dividend Yield Range
Min: 1.2   Max: 2.76
Current: 2

1.2
2.76
Dividend Payout 0.41
PX's Dividend Payout is ranked higher than
68% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.58 vs. PX: 0.41 )
PX' s 10-Year Dividend Payout Range
Min: 0.16   Max: 4.88
Current: 0.41

0.16
4.88
Dividend growth (3y) 10.10
PX's Dividend growth (3y) is ranked higher than
81% of the 1014 Companies
in the Global Diversified Industrials industry.

( Industry Median: 5.70 vs. PX: 10.10 )
PX' s 10-Year Dividend growth (3y) Range
Min: 10.1   Max: 29.7
Current: 10.1

10.1
29.7
Yield on cost (5-Year) 3.32
PX's Yield on cost (5-Year) is ranked higher than
75% of the 1567 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.92 vs. PX: 3.32 )
PX' s 10-Year Yield on cost (5-Year) Range
Min: 1.99   Max: 4.59
Current: 3.32

1.99
4.59
Share Buyback Rate 1.30
PX's Share Buyback Rate is ranked higher than
89% of the 1277 Companies
in the Global Diversified Industrials industry.

( Industry Median: -0.40 vs. PX: 1.30 )
PX' s 10-Year Share Buyback Rate Range
Min: 1.7   Max: -5.4
Current: 1.3

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 12.27
PX's Price/Tangible Book is ranked lower than
56% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 2.27 vs. PX: 12.27 )
PX' s 10-Year Price/Tangible Book Range
Min: 2.37   Max: 15.48
Current: 12.27

2.37
15.48
Price/DCF (Projected) 2.59
PX's Price/DCF (Projected) is ranked higher than
72% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 2.29 vs. PX: 2.59 )
PX' s 10-Year Price/DCF (Projected) Range
Min: 1.74   Max: 3.74
Current: 2.59

1.74
3.74
Price/Median PS Value 1.13
PX's Price/Median PS Value is ranked higher than
66% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.09 vs. PX: 1.13 )
PX' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.18
Current: 1.13

0.4
1.18
Price/Peter Lynch Fair Value 1.76
PX's Price/Peter Lynch Fair Value is ranked higher than
88% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 9999.00 vs. PX: 1.76 )
PX' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.99   Max: 3.84
Current: 1.76

0.99
3.84
Price/Graham Number 3.25
PX's Price/Graham Number is ranked higher than
60% of the 2063 Companies
in the Global Diversified Industrials industry.

( Industry Median: 2.07 vs. PX: 3.25 )
PX' s 10-Year Price/Graham Number Range
Min: 1.14   Max: 3.67
Current: 3.25

1.14
3.67
Earnings Yield (Greenblatt) 5.90
PX's Earnings Yield (Greenblatt) is ranked higher than
63% of the 1854 Companies
in the Global Diversified Industrials industry.

( Industry Median: 7.30 vs. PX: 5.90 )
PX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.3   Max: 9.2
Current: 5.9

4.3
9.2
Forward Rate of Return (Yacktman) 13.04
PX's Forward Rate of Return (Yacktman) is ranked higher than
80% of the 1554 Companies
in the Global Diversified Industrials industry.

( Industry Median: 6.35 vs. PX: 13.04 )
PX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 4.7   Max: 19
Current: 13.04

4.7
19

Business Description

Industry: Industrial Products » Diversified Industrials
Compare:UTX, MMM, ARG, AP, EMR » details
Traded in other countries:PXR.Germany
Praxair, Inc. was founded in 1907 and became an independent publicly traded company in 1992. It was the first company in the United States to produce oxygen from air using a cryogenic process and continues to be a major technological innovator in the industrial gases industry. The Company's main products for its industrial gases business are atmospheric gases and process gases. It also designs, engineers and builds equipment that produces industrial gases for internal use and external sale. The company's surface technologies segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders. Praxair serves approximately 25 industries as diverse as healthcare and petroleum refining; computer-chip manufacturing and beverage carbonation; fiber-optics and steel making and aerospace, chemicals and water treatment. Atmospheric gases are the highest volume products produced by Praxair. Using air as its raw material, Praxair produces oxygen, nitrogen and argon through several air separation processes of which cryogenic air separation is the most prevalent. Praxair also led the development and commercialization of non-cryogenic air separation technologies for the production of industrial gases. These technologies open important new markets and optimize production capacity for the company by lowering the cost of supplying industrial gases. These technologies include proprietary vacuum pressure swing adsorption and membrane separation to produce gaseous oxygen and nitrogen, respectively. Praxair also manufactures precious metal and ceramic sputtering targets used mainly in the production of semiconductors. The Company's surface technologies segment supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders to the aircraft, printing, textile, plastics, primary metals, petrochemical and other industries. It also manufactures a complete line of electric arc, plasma and high-velocity oxygen fuel spray equipment as well as arc and flame wire equipment used for the application of wear resistant coatings. The coatings extend wear life and are applied at Praxair's facilities using a variety of thermal spray coatings processes. The coated parts are finished to the customer's precise specifications before shipment. Praxair carries inventories of merchant and cylinder gases, hardgoods and coatings materials to supply products to its customers on a reasonable delivery schedule. On-site plants and pipeline complexes have limited inventory. The Company is not dependent upon a single customer or a few customers. Praxair is a global enterprise with approximately 56% of its 2008 sales outside of the United States. Praxair's surface technologies segment has operations in Brazil, China, France, Germany, India, Italy, Japan, Singapore, South Korea, Taiwan, Spain, Switzerland and the United Kingdom. The Company ow
» More Articles for PX

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More From Other Websites
Praxair Hikes Industrial Gas Prices by 10% on Bulk Purchase Oct 17 2014
Praxair Announces Price Increases Effective November 1, 2014 Oct 16 2014
PRAXAIR INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits Oct 16 2014
Praxair Announces Price Increases Effective November 1, 2014 Oct 16 2014
Praxair Announces Third Quarter 2014 Earnings and Conference Call Schedule Oct 01 2014
Praxair Recognized as Leader in Climate Change Reporting for Seventh Consecutive Year Sep 30 2014
Air Products Hits New High After Reorganizing Sep 18 2014
Praxair Launches DryFrac™ Waterless Fracturing Technology for Oil and Gas Producers Sep 18 2014
Praxair Named to Dow Jones Sustainability Indices for 12th Consecutive Year Sep 15 2014
Praxair CEO to Present at Credit Suisse Basic Materials Conference Sep 12 2014
3 Stocks Underperforming Today In The Chemicals Industry Aug 20 2014
Praxair Launches $300,000 “Skills Pipeline” Workforce Development Program, Expanding its Global... Aug 07 2014
PRAXAIR INC Financials Jul 30 2014
Praxair Q2 Earnings Lag Estimates, Guidance Lowered Jul 23 2014
Q2 2014 Praxair Earnings Release - Before Market Open Jul 23 2014
[$$] Praxair Profit Rises, but Top End of Outlook Is Cut Jul 23 2014
PRAXAIR INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements... Jul 23 2014
Industrial gas supplier Praxair's profit rises 5 pct Jul 23 2014
Praxair Reports Second-Quarter 2014 Results Jul 23 2014
Praxair Declares Dividend in Third Quarter 2014 Jul 23 2014

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