Air Products and Chemicals (MEX:APD) Research & Development: MXN1,711 Mil (TTM As of Mar. 2026)


MEX:APD Air Products and Chemicals Inc MEX:APD
79 GF Score
Price MXN5,185.97
GF Value MXN5,257.48
! 5 Warning Signs
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What is Air Products and Chemicals Research & Development?

Air Products and Chemicals MEX:APD 79 Research & Development is MXN1,711 Mil as of Mar. 2026. GuruFocus rates MEX:APD with a GF Score™ of 79/100 and a GF Value™ of MXN5,257.48. The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Air Products and Chemicals's Research & Development for the three months ended in Mar. 2026 was MXN390 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN1,711 Mil.

Air Products and Chemicals  (MEX:APD) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Air Products and Chemicals Research & Development Related Terms

Air Products and Chemicals Research & Development Historical Data

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The historical data trend for Air Products and Chemicals's Research & Development can be seen below:

* 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 Research & Development Chart

Air Products and Chemicals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,922.55 2,069.83 1,839.44 1,972.97 1,766.55

Air Products and Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 468.49 453.78 500.80 367.32 389.51
MEX:APD
79GF Score
Air Products and Chemicals Inc MEX:APD
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Products and Chemicals Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN1,711 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN1,711 Mil mean?
Air Products and Chemicals (MEX:APD) has a Research & Development of MXN1,711 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Air Products and Chemicals and its competitors.
Is Air Products and Chemicals' Research & Development too high?
Air Products and Chemicals' current Research & Development is MXN1,711 Mil. Overall, Air Products and Chemicals has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Air Products and Chemicals' Research & Development compare to ECL and SHW?
Air Products and Chemicals' Research & Development of MXN1,711 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Chemicals company?
A good Research & Development depends on the Chemicals industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Air Products and Chemicals and its competitors. Air Products and Chemicals's current Research & Development is MXN1,711 Mil. 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?
Air Products and Chemicals (MEX:APD) has a current Research & Development of MXN1,711 Mil. The stock's GF Value™ is MXN5,257.48, compared to a current price of MXN5,185.97 — trading 1.4% below its estimated fair value. The current Research & Development is MXN1,711 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Air Products and Chemicals (MEX:APD), the current Research & Development is MXN1,711 Mil 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 (MEX:APD) Overvalued in 2026?

Based on GuruFocus' analysis, Air Products and Chemicals stock appears to be undervalued. The current stock price of MXN5,185.97 is trading 1.4% below its estimated GF Value™ of MXN5,257.48.

Key valuation signals for MEX:APD:

  • Research & Development: MXN1,711 Mil
  • GF Value™: MXN5,257.48 vs. price of MXN5,185.97 (1.4% below fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the MEX:APD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Air Products and Chemicals Business Description

Address 1940 Air Products Boulevard, Allentown, PA, USA, 18106-5500
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

Get the complete analysis for MEX:APD

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,185.97
Price
MXN5,257.48
GF Value