* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Chemicals subindustry, Air Products and Chemicals's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Air Products and Chemicals FCF Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Products and Chemicals's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Air Products and Chemicals's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Air Products and Chemicals (APD) has a FCF Margin % of -0.12% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Air Products and Chemicals and its competitors. According to the industry distribution chart, Air Products and Chemicals ranks #1264 out of 1579 companies in the Chemicals industry, placing it in the top 80.1%.
Is Air Products and Chemicals' FCF Margin % too high?
Air Products and Chemicals' current FCF Margin % is -0.12%. Based on the distribution chart, Air Products and Chemicals ranks #1264 out of 1579 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Air Products and Chemicals has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Products and Chemicals' FCF Margin % compare to ECL and SHW?
According to the Chemicals industry distribution chart, Air Products and Chemicals ranks #1264 out of 1579 companies for FCF Margin %. This places Air Products and Chemicals in the lower half of its industry. The industry median FCF Margin % is 1.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Chemicals company?
The median FCF Margin % among Chemicals companies is 1.78, based on 1,579 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Air Products and Chemicals and its competitors. For the Chemicals industry, the median FCF Margin % is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Products and Chemicals's current FCF Margin % is -0.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Products and Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Air Products and Chemicals (APD) is currently considered Fairly Valued. The stock's GF Value™ is $283.79, compared to a current price of $278.13 — trading 2% below its estimated fair value. The current FCF Margin % is -0.12%. Air Products and Chemicals' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Air Products and Chemicals (APD), the current FCF Margin % is -0.12% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Air Products and Chemicals (APD) Overvalued in 2026?
Based on GuruFocus' analysis, Air Products and Chemicals stock appears to be undervalued.
The current stock price of $278.13 is trading 2% below its estimated GF Value™ of $283.79.
GuruFocus considers Air Products and Chemicals to be Fairly Valued.
Key valuation signals for APD:
FCF Margin %: -0.12%
GF Value™: $283.79 vs. price of $278.13 (2% below fair value)
No single metric tells the full story. See the APD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the world's largest supplier of hydrogen and helium. It has a unique portfolio serving customers across industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated roughly $12 billion in revenue in fiscal 2025.
79GF Score
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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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