Chemicals
Price
$314.19
+2.54%Market Cap
$69.96B
Day High
$314.28
Day Low
$303.83
APD delivered a strong Q2 FY2026 with revenue rising 8.8% YoY to $3.17B and a dramatic swing to profitability, posting net income of $710.4M versus a loss of $1.73B in the prior-year period.
Key risk: High Leverage and Debt Load
APD's debt-to-equity ratio stands at 1.50, reflecting significant financial leverage on its $41.6B asset base. The company's large-scale capital projects in hydrogen and clean energy require sustained debt financing, which could pressure the balance sheet if project returns disappoint or interest rates remain elevated.
Other Industrial Gases companies