Companies
Air Products
S&P 500Materials· USA

APD

Status-Quo-Player

Air Products

$298.65

-0.04%

Open $299.11·Prev $298.77

as of 13 Apr

STATUS-QUO-PLAYER

Power Core

Air Products' moat is the physical integration of its gas supply infrastructure into its customers' production processes, creating switching costs that are operational, not merely contractual.

Published1 Apr 2026
UniverseS&P 500
SectorMaterials

Direction of Movement

Stable Core, Hydrogen Optionality Awaiting Proof Points

ROC 200

+4.7%

Referenced in 1 other analysis

Company Profile

Air Products and Chemicals Inc. is a leading industrial gases company that manufactures and distributes atmospheric, process, and specialty gases worldwide. It produces essential gases such as oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide, carbon monoxide, and syngas, serving diverse industries including refining, chemicals, metals, electronics, manufacturing, medical, food, energy production, chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. The company operates through key geographic segments: Americas, Asia, Europe, Middle East and India, focusing on producing and selling gases to industrial customers, while its Corporate and Other segment handles sales of cryogenic and gas processing equipment for air separation, sold globally to sectors like chemical processing and primary metals. Additionally, Air Products and Chemicals Inc. designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and transport and storage of liquid helium and liquid hydrogen. Founded in 1940 and headquartered in Allentown, Pennsylvania, it plays a critical role in enabling essential industrial processes across multiple sectors.

Sector

Basic Materials

Industry

Specialty Chemicals

CEO

Mr. Eduardo F. Menezes

Employees

21,087

Country

United States

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