10-QIndustrial Inorganic Chemicals

AIR PRODUCTS AND CHEMICALS, INC.

APD · Period ending 2026-03-31 · Filed 2026-04-30

Valuation

Industrial Inorganic Chemicals
Live · Yahoo Finance

Price

$276.77

52-Week Range

$229.11$276.77 now$307.96

Decision Context

Altman Z-Score indicates financial distress risk. Review debt levels and cash runway before any position sizing decision.

Based on filing period ending Mar 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

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.

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

Operating Cash Flow

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 · 0 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.

Price History

Technical Signals

Daily closes · 1-year data

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