10-QIndustrial Inorganic Chemicals

AIR PRODUCTS AND CHEMICALS, INC.

APD · Period ending 2026-06-30 · Filed 2026-07-30

Valuation

Industrial Inorganic Chemicals
Live · Yahoo Finance

Price

$291.43

52-Week Range

$229.11$291.43 now$314.87

Decision Context

Below-average scores in Efficiency, Cashflow. The data points to fundamental challenges that outweigh near-term macro considerations.

Based on filing period ending Jun 2026

FisclearScore is a quantitative model using public financial data and sector median benchmarks (refreshed monthly). Not financial advice. Always conduct independent due diligence.

APD vs

Macro Context

Fed Funds Rate

3.63%

Accommodative

10-Year Treasury

4.60%

2026-07-01

Unemployment

4.1%

Near full employment

CPI Index

332.8

2026-07-01

M2 Money Supply

$23.2T

2026-06-01

The Federal Funds rate stands at 3.63% — a moderately elevated rate environment that raises borrowing costs across the economy; 10-year Treasury yields are at 4.60%, setting the benchmark for long-term corporate borrowing; Unemployment stands at 4.1%; Industrial production index is at 102.6; M2 money supply is $23.2T; CPI index stands at 332.8.

SWOT Analysis — APD

Inflationary Boom
Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.

Strengths

  • Gross Profit: $3.0B (+290.3% YoY) — Gross profit rose 290% — the spread between revenue and direct costs improved.

  • Operating Cash Flow: $1.8B (+15.2% YoY) — Operating cash flow grew 15% — the business generated more cash from day-to-day operations.

Weaknesses

  • Net Income: -$394.5M (-110.3% YoY) — The company posted a net loss — total expenses exceeded total revenue.

  • EPS (Diluted): $-1.77 (-110.3% YoY) — Negative EPS — the company recorded a loss on a per-share basis.

  • Stock is near its 52-week high (314.87) — the price reflects strong recent momentum, but entry risk is elevated at these levels.

Opportunities

  • Total Assets: $41.1B (+3.8% YoY) — Total assets grew 4% — the company's resource base expanded.

Threats

  • Revenue has declined for two consecutive years — a sustained downtrend that may signal structural or competitive headwinds.

  • Net loss of $394.5M — the company spent more than it earned. Investors should monitor the path to profitability.

Financial Charts

Revenue vs Net Income

Gross Profit vs Operating Income

Margin Trend

Year-over-Year Changes

Gross Profit

$3.0B

was $768.1M

+290.3%

Gross profit rose 290% — the spread between revenue and direct costs improved.

Net Income

-$394.5M

was $3.8B

−110.3%

The company posted a net loss — total expenses exceeded total revenue.

EPS (Diluted)

$-1.77

was $17.18

−110.3%

Negative EPS — the company recorded a loss on a per-share basis.

Operating Cash Flow

$1.8B

was $1.5B

+15.2%

Operating cash flow grew 15% — the business generated more cash from day-to-day operations.

Total Assets

$41.1B

was $39.6B

+3.8%

Total assets grew 4% — the company's resource base expanded.

Risk Flags

2 high · 0 medium · 1 low
  • High

    Revenue has declined for two consecutive years — a sustained downtrend that may signal structural or competitive headwinds.

  • High

    Net loss of $394.5M — the company spent more than it earned. Investors should monitor the path to profitability.

  • Low

    Stock is near its 52-week high (314.87) — the price reflects strong recent momentum, but entry risk is elevated at these levels.

Price History

Technical Signals

Daily closes · 1-year data

Latest News

via Finnhub

Filing History — APD

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Data sourced from SEC EDGAR, FRED (Federal Reserve Economic Data), and Yahoo Finance. For informational purposes only. Not financial advice.