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Industrial gases. The largest dedicated hydrogen franchise among the gas majors: grey and blue merchant H2 for refining and ammonia, plus NEOM and US Gulf projects.
Air Products (APD) is a Chemicals - Specialty company. Industrial gases. The largest dedicated hydrogen franchise among the gas majors: grey and blue merchant H2 for refining and ammonia, plus NEOM and US Gulf projects. It was founded in 1940, is headquartered in Allentown, PA and employs about 19,000 people.
As of 2026-Q2, Air Products's revenue breaks down across On-site (53%), Merchant (44%), Sale of Equipment (3%). See the revenue-by-segment chart for the full mix.
Track Air Products's quarterly and annual revenue, gross and net margins, and EPS in the interactive charts on this page. Data last updated August 24, 2026.
Sterling groups Air Products in the Hydrogen & Fuel Cells sector, alongside Linde (LIN) and Air Liquide (AI.PA).
If you are researching Air Products, also look at Linde (LIN) and Air Liquide (AI.PA). You can compare all of them side by side or browse the full Hydrogen & Fuel Cells sector on Sterling.
Q3 2016-Q2 2026
Q3 2016-Q2 2026