Morningstar
•
Nov 06, 2026
Air Products and Chemicals, Inc.: Air Products Earnings: Aiming To Deliver Positive Net Cash Flow in Fiscal 2027
Symbols
APDSector(s)
Basic Materials
Rating
Current Price
304.84
Fair Value
Economic Moat
Stewardship
Summary
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the world's largest supplier of hydrogen and helium. It has a unique portfolio serving customers across
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Analyst Profile
Krzysztof Smalec
Equity Analyst
Krzysztof Smalec, CFA, is an equity analyst on the industrials team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers diversified industrial companies, including producers of industrial gases.Before joining Morningstar in 2018, Smalec spent six years working as a valuation consultant at Marshall & Stevens, where he specialized in valuing structured investments in renewable energy projects.Smalec holds a bachelor’s degree in finance and economics from DePaul University. He also holds the Chartered Financial Analyst® designation.
