Air Products and Chemicals (APD) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.61
- Estimate
- $3.61
- Surprise
- 0.0%
- Score today
- 4.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Air Products and Chemicals (APD) reported adjusted EPS of $3.61, in line with the $3.61 estimate.
Coverage in the report window
- UBS Adjusts Air Products and Chemicals Price Target to $330 From $305 — fiscal.ai, 2026-11-06
- Barclays Maintains Overweight on Air Products, Lowers Price Target to $346 — benzinga, 2026-11-06
Where TrendMatrix's rating stands now
TrendMatrix currently rates APD Sell at 4.4/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's -0.0% surprise compares with a +3.1% four-quarter average.
What argues against it
- Concentration risk — Geographic: outside the United States (60.0%)
- Concentration risk — Product: regional industrial gases
- Target reached (-0.3% upside)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $309.09
- Stop
- $297.17
The stock trades at 129.5× trailing but 19.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.
APD at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Specialty Chemicals
- Market cap
- $68.92B
- P/E (fwd)
- 19.8
- P/E (ttm)
- 129.5
- 52-week range
- $229.11–$324.00
- Off 52-week high
- 4.6%
- RSI (14)
- 62
- Volume vs avg
- 0.24×
- Score today
- 4.4/10