Air Products APD

Air Products is the 182nd largest S&P 500 company by market cap, worth $68.4 billion. 10 directors have filed with the SEC in the last 12 months (who counts). 7 officers are on file. At 30 Jun 2026, Vanguard was its largest institutional holder, with 11.6% of the company.

CEO
Eduardo F. Menezes
Sector
Materials
Sub-industry
Industrial Gases
Headquarters
Upper Macungie Township, Pennsylvania
Founded
1940
Market cap
$68.4B
182nd largest, 23 Oct 2026 close
Revenue
$12.0B
Fiscal year 2025
Price to sales
5.7
Market cap over revenue
Employees
21,300
10-K, 30 Sep 2025
Market cap per employee
$3.2M
Market cap over employees
Connections
5
S&P 500 companies sharing a director or officer

Largest institutional holders

Each fund group's share of Air Products. Where a company has several share classes, the share is of its total value.

13F filings for the quarter to 30 Jun 2026

These five hold 38.9% of Air Products.

Board and officers

5 people here also hold roles at other S&P 500 companies.

Roles filed up to 30 Sep 2026

NameTitle
Directors (10)
Tonit M. CalawayDirectorDirector
Lisa Ann DavisDirectorAlso at Phillips 66Last filed 5 Jan 2026Director
Andrew W. EvansDirectorDirector
Jessica GrazianoDirectorDirector
Paul C. HilalDirectorAlso at CSX and Dollar TreeLast filed 13 Feb 2026Director
Bhavesh V. PatelDirectorDirector
Dennis H. ReilleyDirectorDirector
Wayne Thomas SmithDirectorAlso at OneokDirector
Alfred SternDirectorDirector
Howard I. UngerleiderDirectorAlso at Phillips 66Director
Officers (7)
Eduardo F. MenezesChief Executive OfficerLast filed 3 Dec 2025Chief Executive Officer
Melissa N. SchaefferExec Vice President and CFOAlso at Trane TechnologiesLast filed 4 May 2026Exec Vice President and CFO
Ivo BolsPresident, Europe & AfricaLast filed 3 Dec 2025President, Europe & Africa
Kurt LefeverePresident, AsiaLast filed 15 Dec 2025President, Asia
Matthew LeporeEVP & General CounselLast filed 11 Sep 2026EVP & General Counsel
Francesco MaionePresident, AmericasLast filed 3 Dec 2025President, Americas
William J. Pellicciotti Jr.Principal Accounting OfficerLast filed 3 Dec 2025Principal Accounting Officer

Companies that share people with Air Products

Each person's title here, then at the other company.

  • Phillips 66 PSX
    • Howard I. Ungerleider: Director here, Director there
    • Lisa Ann Davis: Director here, Director there
  • CSX CSX
    • Paul C. Hilal: Director here, Director there
  • Dollar Tree DLTR
    • Paul C. Hilal: Director here, Director there
  • Oneok OKE
    • Wayne Thomas Smith: Director here, Director there
  • Trane Technologies TT
    • Melissa N. Schaeffer: Exec Vice President and CFO here, Director there

Air Products' market cap since December 2008

Weekly, up to 23 Oct 2026

Show equal percentage changes as equal steps.
201020122014201620182020202220242026$68.4B

Workforce

Headcount at 30 Sep 2025

Employees
21,300
As of 30 September 2025, we had approximately 21,300 employees, with over 99% working full-time and approximately 75% based outside the United States.
Air Products Form 10-K

Insider trades

Open-market buys and sales by directors and officers. Grants, option exercises and shares withheld for tax are left out.

Trades from 30 Sep 2025 to 30 Sep 2026

Directors and officers sold $20.8 million of stock in 2 sales and made no open-market purchases in the 12 months to 30 Sep 2026.

DatePersonTitleTypeSharesValue
1 May 2026SaleMelissa N. SchaefferExec Vice President and CFOExec Vice President and CFOSale2,714$824K
12 Feb 2026SalePaul C. HilalDirectorDirectorSale70,175$20M

Trades by members of Congress and officials

Trades members of Congress and senior executive branch officials disclosed, including their families'. Amounts are filed as ranges.

Trades from 20 Oct 2023 to 20 Oct 2026

16 people disclosed 28 purchases and 28 sales of Air Products stock since October 2023.

DateMember or officialTypeAmount
25 Sep 2026Rohit Khanna (House, D-CA)House, D-CA 路 SoldSale$1,001 to $15,000$1K to $15K
4 Sep 2026Rohit Khanna (House, D-CA)House, D-CA 路 BoughtPurchase$1,001 to $15,000$1K to $15K
30 Jul 2026Richard Dean McCormick (House, R-GA)House, R-GA 路 SoldSale$1,001 to $15,000$1K to $15K
20 Jul 2026Rohit Khanna (House, D-CA)House, D-CA 路 BoughtPurchase$1,001 to $15,000$1K to $15K
15 May 2026Donald J Trump (President)President 路 BoughtPurchase$1,001 to $15,000$1K to $15K
5 May 2026Rohit Khanna (House, D-CA)House, D-CA 路 SoldSale$15,001 to $50,000$15K to $50K
15 Apr 2026Donald J Trump (President)President 路 BoughtPurchase$1,001 to $15,000$1K to $15K
13 Apr 2026Rohit Khanna (House, D-CA)House, D-CA 路 BoughtPurchase$1,001 to $15,000$1K to $15K
10 Apr 2026Donald J Trump (President)President 路 SoldSale$15,001 to $50,000$15K to $50K
27 Mar 2026Alan Armstrong (Senate, R-OK)Senate, R-OK 路 BoughtPurchase$1,001 to $15,000$1K to $15K

Showing 10 of 56 trades

WARN layoff notices

Notices filed under Air Products' own name. Subsidiaries that file under their own names are not included.

Notices from 26 Oct 2023 to 26 Oct 2026

Air Products filed 3 notices covering 79 workers since October 2023.

NoticePlaceWorkersEffective
1 Sep 2025Allentown, PA1417 Nov 2025
8 Apr 2025Paramount, CA378 Apr 2025
27 Feb 2025NY2830 Jan 2025