All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
1 warning event since 2017; the latest 2018-07-26.
From the record
Air Products & Chemicals, Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2018-07-26) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+5.4% a year over 10 filed years; profitable in 9 of 10.
From the record
Air Products & Chemicals, Inc.'s 10 filed years say what it did: revenue went from $7.5 billion in fiscal 2016 to $12 billion in fiscal 2025, up 5.4% a year; it rose in 4 of 9 years; the deepest fall was 5% from fiscal 2022 to fiscal 2025; net income was positive in 9 of 10 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count steady. 46% of cash flow returned. Insiders: 2 sales, 0 purchases.
From the record
Over the 3 fiscal years to 2025-09-30, Air Products & Chemicals, Inc.'s diluted share count held steady, and dividends and buybacks returned about 46% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales and 0 purchases of their own stock on the open market in the year to 2026-10-29 (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE -3%: lost 3¢ per shareholder dollar. Leverage 63%: owes 63¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-09-30, Air Products & Chemicals, Inc. lost about 3 cents for every dollar of shareholders' money, and gross profitability: its products earned about 9 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 63 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 43% of 9 in its family; net margin -3.3%.
From the record
Air Products & Chemicals, Inc.'s standing among 9 graded names in its industry family: revenue of $12 billion in fiscal 2025 ranks in the top 17% by size; a net margin of -3.3% ranks in the bottom 39%; revenue growth of -1.8% a year over the last 3 filed years ranks in the top 50% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
SI estimate 4.1/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Air Products & Chemicals, Inc.'s leadership is put at 4.1 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 41% of 11 in its family; the record of its people begins on 2024-10-03 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 2.1 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they set up to do next?
How much room does it have to grow?
top 45% of 9 in its family for room to expand.
From the record
Air Products & Chemicals, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.9 billion against no long-term debt tagged leaves 4.5% of its assets as net cash, top 25% of its family; cash from operations less capital spending is -31.3% of revenue (bottom 6%); a gross margin of 31.4% (top 6%); research spending of 0.8% of revenue (bottom 44%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 47% of 10 in its family for growth drivers.
From the record
Air Products & Chemicals, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -1.8% a year over the last three filed years against 5.4% over all 10, slowing (bottom 39% of its family); the newest year grew -0.5% (top 39%); research spending grew -2.2% a year (bottom 19%); capital spending grew 33.9% a year (top 5%) (its annual reports). Air Products & Chemicals, Inc. reported 4 lines of business in fiscal 2025: Americas at $5.1 billion, Asia at $3.3 billion, Europe at $3.0 billion, and 1 more. 4 of 4 grew in the latest filed year, and the largest line is 45% of revenue (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
bottom 44% of 9 in its family for expectations against reality.
From the record
Air Products & Chemicals, Inc.'s newest year against its own record: revenue of $12 billion in fiscal 2025 came in 1.9% above the $12 billion its prior three years' pace pointed to (top 50% of its family); net income of $395 million against a prior three-year average of $2.8 billion (top 35%); a net margin of -3.3% against 22.6% before (bottom 17%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made