Business Description

Air Products & Chemicals, Inc. manufactures and distributes atmospheric gases. It operates through the following segments. The Industrial Gases-America and EMEA segments produce atmospheric gases including nitrogen, oxygen, argon, and rare gases. They also produce process gases such as carbon dioxide, helium, and carbon monoxide. Specialty gases are also produced. Devices for the manufacturing and processing gases such as generators (non-cryogenic) and air separation units are also available.

The Industrial Gases – Global segment includes cryogenic equipment and gas processing equipment for separation. The Corporate and Others segment includes LNG equipment, helium storage and distribution of equipment businesses as well as corporate support functions. Leonard Parker Pool founded the company and it is headquartered in the US

Key Financials

Revenue (US$ Mn):

• US$ 10,323 Mn was the annual revenue generated by Air Products & Chemicals, Inc in 2021
• Air Products & Chemicals, Inc’s annual revenue for 2020 was US$ 8,856 Mn, a -0.7% decrease from 2019
• From 2018’s annual revenues, Air Products & Chemicals, Inc registered a -0.13% decrease in 2019, amounting to US$ 8,918 Mn
• Total revenue of US$ 8,930 Mn was generated in 2018 by Air Products & Chemicals, Inc

Operating Income (US$ Mn):

• Air Products & Chemicals, Inc’s operating income for 2021 was US$ 2,281 Mn, a 1.98% increase from 2020
• The operating income generated by Air Products & Chemicals, Inc in 2020 was US$ 2,237 Mn
• At a 10.6% increase, Air Products & Chemicals, Inc’s operating income of US$ 2,170 Mn was indexed in 2019
• Air Products & Chemicals, Inc generated an operating income of US$ 1,962 Mn in 2018

Net Income (US$ Mn):

• US$ 2,115 Mn was Air Products & Chemicals, Inc’s net income in 2021, a 9.52% increase from 2020 figures
• Air Products & Chemicals, Inc indexed a 9.72% increase in net incomes from 2019, amounting to US$ 1,931 Mn in 2020
• Air Products & Chemicals, Inc generated a net income of US$ 1,760 Mn in 2019
• A net income of US$ 1,497 Mn was indexed by Air Products & Chemicals, Inc in 2018

Operating Margin %:

• 22% was the operating margin generated by Air Products & Chemicals, Inc in 2021
• Air Products & Chemicals, Inc’s operating margin for 2020 was 25%, a 4.12% increase from 2019
• From 2018’s operating margins, Air Products & Chemicals, Inc registered a 10.45% increase in 2019, amounting to 24%
• An operating margin of 22% was generated in 2018 by Air Products & Chemicals, Inc

Gross Margin %:

• Air Products & Chemicals, Inc’s gross margin for 2021 was 20%, a -6.06% decrease from 2020
• The gross margin generated by Air Products & Chemicals, Inc in 2020 was 22%
• At a 17.72% increase, Air Products & Chemicals, Inc’s gross margin of 20% were indexed in 2019
• Air Products & Chemicals, Inc generated a gross margin of 17% in 2018

SWOT Analysis

Strength:

Portfolio containing chemicals and gases

Air Products offers a broad range of goods, services, and solutions to its customers. They cater to a wide variety of industries such as metal and chemical processing, glass; energy production and refinement; food processing; metallurgical industry, medical, and general manufacturing.

The company’s Industrial Gases region produces atmospheric gases such as ozone, nitrogen, and argon; process gases such as hydrogen, carbon monoxide, or helium; and special gases. This segment also provides equipment and materials for the production, processing, or separation of gases such, as air separation units, and non-cryogenic generators.

A solid portfolio of chemicals and gases helps the company establish its brand image, differentiate its product offerings and stand out from its competition.

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