Air Products (APD) fundamentals: P/E, valuation, undervalued?
Air Products · Materials · ref. ETF XLB · price $305.47
In short — Air Products trades at —× earnings (P/E), 21.2× forward, with a net margin of -0.4 % and revenue growth of +5 %. Read: Not (yet) profitable (valued on growth, not earnings).
Is Air Products stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$305.47+3.5% over range
Aug 28, 25low $230.76 · high $314.19Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
50% recommend buying · 10 analysts
Valuation : Not (yet) profitable — valued on growth, not earnings
Valuation
—
P/E (price/earnings)
21.2
Forward P/E
—
PEG
4.9
Price/book (P/B)
$68.0B
Market cap
-0.21
EPS
Profitability & growth
-0.4 %
Net margin
+5 %
Revenue growth
—
Earnings growth
$18.3B
Total debt
Air Products income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $12.7B | $2.2B | 17.7 % |
| 2023 | $12.6B | $2.3B | 18.2 % |
| 2024 | $12.1B | $3.8B | 31.8 % |
| 2025 | $12.0B | $-387M | -3.2 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Air Products's P/E and is the stock undervalued? What's a good P/E?
Air Products's P/E is — (forward 21.2). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Not (yet) profitable".
Is Air Products profitable?
Air Products has a net margin of -0.4 % (EPS -0.21). The company is not (yet) profitable.
Is APD stock expensive?
Our read: "Not (yet) profitable" — valued on growth, not earnings. Cross-check with growth and sector.
💬 A question about Air Products? The JPI assistant answers using our backtest data.
Keep exploring Air Products