Air Products and Chemicals
APD · NYSE · Basic Materials
$284.18
$1.93 (-0.68%) today
Market Cap
$63.28B
24h Volume
$716.5M
P/E Ratio
0.0
52w High
$314.19
52w Low
$226.25
Est. AI Revenue
7%
7-Day Sparkline (Static)
Company facts
Performance
About Air Products and Chemicals
Air Products is one of the world's largest industrial gas companies. It builds and operates gas plants, selling oxygen, nitrogen, hydrogen, helium, and specialty gases under long-term contracts to refining, chemical, manufacturing, and electronics customers.
Its electronics business supplies on-site and specialty gases to leading semiconductor fabs, including major logic and memory sites in the US and Asia, where gas contracts are typically signed for the life of the facility. The company is also a large producer of hydrogen, with a portfolio of clean hydrogen projects.
Founded in 1940 and headquartered in Allentown, Pennsylvania, Air Products employs roughly 21,100 people and trades on the NYSE. Under CEO Eduardo Menezes, who took over in 2025, it has refocused on its core industrial gas business.
Air Products and Chemicals in the AI buildout
Air Products spans the Raw Materials and Chip Equipment layers of the AI buildout. Semiconductor fabs cannot run without bulk nitrogen and specialty process gases, and Air Products supplies major logic and memory sites, including TSMC and Samsung locations. New fab construction for AI chips adds long-lived contracts to its electronics backlog. The exposure is genuine but diluted: most of the company serves refining, chemical, and industrial customers, with hydrogen a second major thrust.
APD is tracked in Raw Materials & Mining and Chip Equipment & Foundries, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
APD trades at $284.18, 66% of the way up its 52-week range of $226.25 to $314.19.
Market cap
Market capitalization is $63.28B, with an AI Exposure Score of 18 out of 100.
Next earnings
Air Products and Chemicals is next expected to report earnings on November 5, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Air Products and Chemicals do?
Air Products builds and operates industrial gas plants, supplying oxygen, nitrogen, hydrogen, helium, and specialty gases under long-term contracts. Customers span refining, chemicals, manufacturing, and electronics, and the company is also one of the world's largest hydrogen producers.
How is Air Products and Chemicals exposed to AI?
Through semiconductor fabs. It supplies on-site and specialty gases to leading chipmaking sites, and new AI-era fab construction supports its electronics business. Electronics is still a minority segment, so Supercycle rates it Peripheral with an AI Exposure Score of 18 out of 100.
Is APD a pure play AI stock?
No. Air Products is a diversified industrial gas and hydrogen company. Its results depend on industrial gas volumes, contract pricing, and the pace of its hydrogen projects, with fab-linked gases a smaller, steadier contributor.
Who leads Air Products?
Eduardo Menezes became Air Products' CEO in 2025 after a long career in the industrial gas industry. The company was founded in 1940, is headquartered in Allentown, Pennsylvania, and employs roughly 21,100 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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