Air Products
Air Products and Chemicals, Inc. (NYSE: APD) produces and sells industrial gases, related equipment, and applications expertise to customers in refining, chemicals, metals, electronics, manufacturing, healthcare, and food industries. Its gases include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide, carbon… From the company’s description.
In fiscal 2025, Air Products reported revenue of $12.04B, down 0.5% from fiscal 2024, and a net loss of $386.50M. Its operating margin was −7.3%, and operations generated $3.26B in cash. Over the twelve months to Jun 30, 2026, revenue was $12.60B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Air Products does
In the company’s own words
Air Products and Chemicals, Inc. (NYSE: APD) produces and sells industrial gases, related equipment, and applications expertise to customers in refining, chemicals, metals, electronics, manufacturing, healthcare, and food industries. Its gases include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide, carbon monoxide, syngas, and specialty gases. The company supplies larger customers through on-site plants and pipelines, and serves other demand through bulk liquid and packaged gases. It also develops, engineers, builds, owns, and operates clean hydrogen projects, and sells equipment such as air separation systems, turbomachinery, membrane systems, and cryogenic containers. Operations are reported in five segments: Americas, Asia, Europe, Middle East and India, and Corporate and other. Regional industrial gases accounted for more than 90% of consolidated sales in fiscal 2025, while equipment sales were less than 10%. Founded in 1940, the company had approximately 21,300 employees as of September 30, 2025, and operated in about 50 countries and regions outside the United States. Its website is www.airproducts.com.
Company details
- Sector
- Materials
- Industry (SIC)
- Chemicals
- Headquarters
- ALLENTOWN, PA
- Fiscal year end
- September
- CIK
- 2969
- SIC
- 2810
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Air Products — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Air Products · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Air Products’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Air Products’s bonds, as funds hold them
Funds report holding 15 issues of Air Products’s debt, $745.32M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.84%, maturing 2027 to 2050.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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