Shares Outstanding Shares Outstanding n/a Close	222.54M
Shares Change (YoY) Shares Change (YoY) n/a Close	0.08%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	0.04%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	89.83%
Shares Floating Shares Floating n/a Close	220.58M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	239
FTD / Avg. Volume FTD / Avg. Volume n/a Close	0.02%

Short Selling Information

The latest short interest is 4.22M, so 1.9% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	4.22M
Short % of Shares Out Short % of Shares Out n/a Close	1.9%
Short % of Float Short % of Float n/a Close	1.9%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	3.75

Valuation Ratios

The PE ratio is 17.31 and the forward PE ratio is 21.63. Air Products and Chemicals's PEG ratio is 0.26.

PE Ratio PE Ratio n/a Close	17.31
Forward PE Forward PE n/a Close	21.63
PS Ratio PS Ratio n/a Close	5.47
Forward PS Forward PS n/a Close	4.3
PB Ratio PB Ratio n/a Close	3.89
P/FCF Ratio P/FCF Ratio n/a Close	-21.03
PEG Ratio PEG Ratio n/a Close	0.26

Financial Ratio History

Enterprise Valuation

Air Products and Chemicals has an Enterprise Value (EV) of 78.27B.

EV / Sales EV / Sales n/a Close	6.47
EV / EBITDA EV / EBITDA n/a Close	12.07
EV / EBIT EV / EBIT n/a Close	21.46
EV / FCF EV / FCF n/a Close	-24.85

Financial Position

The company has a current ratio of 1.52, with a Debt / Equity ratio of 0.88.

Current Ratio Current Ratio n/a Close	1.52
Quick Ratio Quick Ratio n/a Close	1.34
Debt / Equity Debt / Equity n/a Close	0.88
Debt / EBITDA Debt / EBITDA n/a Close	2.31
Debt / FCF Debt / FCF n/a Close	-4.76
Interest Coverage Interest Coverage n/a Close	20.41

Financial Efficiency

Return on Equity is 22.47% and Return on Invested Capital is 9.95%.

Return on Equity Return on Equity n/a Close	22.47%
Return on Assets Return on Assets n/a Close	9.67%
Return on Invested Capital Return on Invested Capital n/a Close	9.95%
Revenue Per Employee Revenue Per Employee n/a Close	$553,803.2
Profits Per Employee Profits Per Employee n/a Close	$175,203.66
Employee Count Employee Count n/a Close	21,850
Asset Turnover Asset Turnover n/a Close	0.31
Inventory Turnover Inventory Turnover n/a Close	10.66

Taxes

Income Tax Income Tax n/a Close	944.9M
Effective Tax Rate Effective Tax Rate n/a Close	19.6%

Stock Price Statistics

The stock price has increased by -0.79% in the last 52 weeks. The beta is 0.87, so Air Products and Chemicals's price volatility has been higher than the market average.

Beta Beta n/a Close	0.87
52-Week Price Change 52-Week Price Change n/a Close	-0.79%
50-Day Moving Average 50-Day Moving Average n/a Close	272.06
200-Day Moving Average 200-Day Moving Average n/a Close	297.97
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	58.86
Average Volume (20 Days) Average Volume (20 Days) n/a Close	1,261,114

Income Statement

In the last 12 months, Air Products and Chemicals had revenue of 12.1B and earned 3.83B in profits. Earnings per share was 17.21.

Revenue Revenue n/a Close	12.1B
Gross Profit Gross Profit n/a Close	3.93B
Operating Income Operating Income n/a Close	4.47B
Net Income Net Income n/a Close	3.83B
EBITDA EBITDA n/a Close	6.49B
EBIT EBIT n/a Close	5.04B
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	17.21

Full Income Statement

Balance Sheet

The company has 2.98B in cash and 15.01B in debt, giving a net cash position of -12.03B.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	2.98B
Total Debt Total Debt n/a Close	15.01B
Net Cash Net Cash n/a Close	-12.03B
Retained Earnings Retained Earnings n/a Close	19.55B
Total Assets Total Assets n/a Close	38.87B
Working Capital Working Capital n/a Close	-23M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 3.65B and capital expenditures -6.8B, giving a free cash flow of -3.15B.

Operating Cash Flow Operating Cash Flow n/a Close	3.65B
Capital Expenditures Capital Expenditures n/a Close	-6.8B
Free Cash Flow Free Cash Flow n/a Close	-3.15B
FCF Per Share FCF Per Share n/a Close	-14.16

Full Cash Flow Statement

Margins

Gross margin is 32.49%, with operating and profit margins of 36.91% and 31.64%.

Gross Margin Gross Margin n/a Close	32.49%
Operating Margin Operating Margin n/a Close	36.91%
Pretax Margin Pretax Margin n/a Close	39.84%
Profit Margin Profit Margin n/a Close	31.64%
EBITDA Margin EBITDA Margin n/a Close	53.61%
EBIT Margin EBIT Margin n/a Close	36.91%
FCF Margin FCF Margin n/a Close	-26.03%

Dividends & Yields

APD pays an annual dividend of $8.89, which amounts to a dividend yield of 2.52%.

Dividend Per Share Dividend Per Share n/a Close	$8.89
Dividend Yield Dividend Yield n/a Close	2.52%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	1.14%
Payout Ratio Payout Ratio n/a Close	128.1%
Earnings Yield Earnings Yield n/a Close	5.78%
FCF Yield FCF Yield n/a Close	-4.75%

Dividend Details

Analyst Forecast

The average price target for APD is $327.5, which is 15.7% higher than the current price. The consensus rating is "Buy".

Price Target Price Target n/a Close	$327.5
Price Target Difference Price Target Difference n/a Close	15.7%
Analyst Consensus Analyst Consensus n/a Close	Buy
Analyst Count Analyst Count n/a Close	15

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	$256.6
Lynch Upside Lynch Upside n/a Close	-9.35%
Graham Number Graham Number n/a Close	172.17
Graham Upside Graham Upside n/a Close	-39.18%

Stock Splits

The last stock split was on Oct 3, 2016. It was a forward split with a ratio of 1081:1000.

Last Split Date Last Split Date n/a Close	Oct 3, 2016
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	1081:1000

Scores

Altman Z-Score Altman Z-Score n/a Close	2.11
Piotroski F-Score Piotroski F-Score n/a Close	4