Air Products and Net Income

APD Stock  USD 277.96  6.97  2.57%   
As of the 3rd of February, Air Products shows the Mean Deviation of 1.36, risk adjusted performance of 0.0501, and Downside Deviation of 2.17. Air Products technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Air Products value at risk, and the relationship between the jensen alpha and semi variance to decide if Air Products is priced correctly, providing market reflects its regular price of 277.96 per share. Given that Air Products has jensen alpha of 0.0858, we suggest you to validate Air Products and's prevailing market performance to make sure the company can sustain itself at a future point.

Air Products Total Revenue

7.61 Billion

Air Products' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Air Products' valuation are provided below:
Gross Profit
3.9 B
Profit Margin
(0.03)
Market Capitalization
60.3 B
Enterprise Value Revenue
6.3701
Revenue
12.2 B
There are over one hundred nineteen available fundamental signals for Air Products and, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Air Products' prevailing performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 57.4 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income5.6 M5.4 M
Net Loss-453.7 M-431 M
Net Loss-398.4 M-378.4 M
Net Loss(1.59)(1.51)
Net Income Per E B T 0.81  0.61 
As of February 3, 2026, Net Income is expected to decline to about 5.4 M. The current year's Net Loss is expected to grow to about (431 M).
  
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Analyzing Air Products's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing Air Products's current valuation and future prospects.

Latest Air Products' Net Income Growth Pattern

Below is the plot of the Net Income of Air Products and over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Air Products financial statement analysis. It represents the amount of money remaining after all of Air Products and operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Air Products' Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Air Products' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.9 M10 Years Trend
Very volatile
   Net Income   
       Timeline  

Air Net Income Regression Statistics

Arithmetic Mean1,326,766,691
Coefficient Of Variation91.06
Mean Deviation942,866,644
Median1,277,900,000
Standard Deviation1,208,139,636
Sample Variance1459601.4T
Range4.3B
R-Value(0.03)
Mean Square Error1555852.3T
R-Squared0.0007
Significance0.92
Slope(6,230,282)
Total Sum of Squares23353622.1T

Air Net Income History

2026-431 M
2025-453.7 M
2024-394.5 M
20233.8 B
20222.3 B
20212.3 B
20202.1 B

Other Fundumenentals of Air Products

Air Products Net Income component correlations

Air Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Air Products is extremely important. It helps to project a fair market value of Air Stock properly, considering its historical fundamentals such as Net Income. Since Air Products' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Air Products' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Air Products' interrelated accounts and indicators.
Will Industrial Gases sector continue expanding? Could Air diversify its offerings? Factors like these will boost the valuation of Air Products. If investors know Air will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Air Products data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.097
Dividend Share
7.16
Earnings Share
(1.46)
Revenue Per Share
54.813
Quarterly Revenue Growth
0.058
The market value of Air Products is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Air Products' market value can be influenced by many factors that don't directly affect Air Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Air Products' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Air Products represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Air Products' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Air Products 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Air Products' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Air Products.
0.00
11/05/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/03/2026
0.00
If you would invest  0.00  in Air Products on November 5, 2025 and sell it all today you would earn a total of 0.00 from holding Air Products and or generate 0.0% return on investment in Air Products over 90 days. Air Products is related to or competes with Vale SA, Ecolab, Barrick Mining, Freeport McMoran, Corteva, Wheaton Precious, and Sherwin Williams. Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related service... More

Air Products Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Air Products' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Air Products and upside and downside potential and time the market with a certain degree of confidence.

Air Products Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Air Products' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Air Products' standard deviation. In reality, there are many statistical measures that can use Air Products historical prices to predict the future Air Products' volatility.
Hype
Prediction
LowEstimatedHigh
268.16270.40272.64
Details
Intrinsic
Valuation
LowRealHigh
265.85268.09298.09
Details
Naive
Forecast
LowNextHigh
263.17265.41267.65
Details
24 Analysts
Consensus
LowTargetHigh
273.39300.43333.48
Details

Air Products February 3, 2026 Technical Indicators

Air Products Backtested Returns

Air Products appears to be very steady, given 3 months investment horizon. Air Products secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Air Products and, which you can use to evaluate the volatility of the firm. Please makes use of Air Products' Risk Adjusted Performance of 0.0501, mean deviation of 1.36, and Downside Deviation of 2.17 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Air Products holds a performance score of 10. The firm shows a Beta (market volatility) of 0.76, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Air Products' returns are expected to increase less than the market. However, during the bear market, the loss of holding Air Products is expected to be smaller as well. Please check Air Products' semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Air Products' price patterns will revert.

Auto-correlation

    
  -0.2  

Insignificant reverse predictability

Air Products and has insignificant reverse predictability. Overlapping area represents the amount of predictability between Air Products time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Air Products price movement. The serial correlation of -0.2 indicates that over 20.0% of current Air Products price fluctuation can be explain by its past prices.
Correlation Coefficient-0.2
Spearman Rank Test-0.5
Residual Average0.0
Price Variance90.22
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Air Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(1.97 Billion)

At present, Air Products' Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Air Products and reported net income of 4.9 M. This is 140.72% lower than that of the Chemicals sector and 98.84% lower than that of the Materials industry. The net income for all United States stocks is 99.14% higher than that of the company.

Air Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Air Products' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Air Products could also be used in its relative valuation, which is a method of valuing Air Products by comparing valuation metrics of similar companies.
Air Products is currently under evaluation in net income category among its peers.

Air Products ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Air Products' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Air Products' managers, analysts, and investors.
Environmental
Governance
Social

Air Products Institutional Holders

Institutional Holdings refers to the ownership stake in Air Products that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Air Products' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Air Products' value.
Shares
Franklin Resources Inc2025-06-30
3.8 M
Morgan Stanley - Brokerage Accounts2025-06-30
3.7 M
Norges Bank2025-06-30
3.6 M
Northern Trust Corp2025-06-30
3.4 M
Aristotle Capital Management Llc2025-06-30
M
Ubs Group Ag2025-06-30
2.8 M
Royal Bank Of Canada2025-06-30
2.4 M
Barrow Hanley Mewhinney & Strauss Llc2025-06-30
2.3 M
Goldman Sachs Group Inc2025-06-30
2.3 M
Vanguard Group Inc2025-06-30
21.7 M
Blackrock Inc2025-06-30
17.5 M

Air Fundamentals

About Air Products Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Air Products and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Air Products using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Air Products and based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Air Products is a strong investment it is important to analyze Air Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Products' future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
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You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Will Industrial Gases sector continue expanding? Could Air diversify its offerings? Factors like these will boost the valuation of Air Products. If investors know Air will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Air Products data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.097
Dividend Share
7.16
Earnings Share
(1.46)
Revenue Per Share
54.813
Quarterly Revenue Growth
0.058
The market value of Air Products is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Air Products' market value can be influenced by many factors that don't directly affect Air Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Air Products' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Air Products represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Air Products' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.