Air Products and Chemicals, Inc. (APD) Earnings Report Highlights

• Earnings Per Share (EPS) fell short of the estimated $3.13, coming in at $2.86.
• Revenue slightly surpassed estimates, with APD reporting approximately $2.98 billion against an expected $2.96 billion.
• Financial ratios indicate a moderate level of debt and a solid ability to cover short-term liabilities.

Air Products and Chemicals, Inc. (NYSE:APD) is a global leader in providing essential industrial gases and related equipment. The company serves a wide range of industries, including energy, electronics, and manufacturing. APD competes with other major players in the industrial gas sector, such as Linde and Air Liquide.

On February 6, 2025, APD reported earnings per share (EPS) of $2.86, which fell short of the estimated $3.13. This shortfall comes despite a 1.4% increase in EPS compared to the same period last year, as highlighted by Wall Street analysts. The consensus EPS estimate for the quarter had been revised downward by 0.3% over the past 30 days, indicating a reassessment by analysts.

APD's actual revenue was approximately $2.98 billion, slightly surpassing the estimated $2.96 billion. This reflects a modest growth of 0.3% year over year, aligning with analysts' expectations of $3.01 billion. The company's price-to-sales ratio of about 6.12 reflects the market's valuation of its revenue, while the enterprise value to sales ratio of around 7.10 suggests how the market values the company's total worth relative to its sales.

Despite the earnings miss, APD maintains a price-to-earnings (P/E) ratio of approximately 19.37, indicating the price investors are willing to pay for each dollar of earnings. The company's earnings yield of about 5.16% provides insight into the return on investment for shareholders. Additionally, APD's debt-to-equity ratio of approximately 0.87 shows a moderate level of debt relative to equity, while a current ratio of about 1.52 indicates the company's ability to cover its short-term liabilities with its short-term assets.