With a market cap of $62.3 billion, Air Products and Chemicals, Inc. (APD) is a global supplier of atmospheric, process, and specialty gases, serving a wide range of industries including energy, chemicals, manufacturing, electronics, food, and healthcare across the Americas, Asia, Europe, the Middle East, and India. It also designs and manufactures advanced equipment for air separation, hydrocarbon processing, natural gas liquefaction, and liquid hydrogen and helium storage and transport.
Shares of the Allentown, Pennsylvania-based company have underperformed the broader market over the past 52 weeks. APD stock has declined 11.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.8%. However, the stock has returned 13.3% on a YTD basis, outpacing SPX's marginal dip.
