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Allentown, PA, USA · Public (NYSE: APD) · airproducts.com
Industrial gases; large hydrogen producer and hydrogen projects
Open roles
—
no public job board
Federal awards
—
none found
Last private raise
—
no Form D on file
Revenue
$12B
fiscal year ending 2025-09-30
Coming up
POLICY45V: clean hydrogen
Facilities must begin construction before Jan 1, 2028. Affects Hydrogen.
+ THESISPOLICY45Q: carbon capture
Facilities must begin construction before 2033; inflation indexing starts in 2027. Affects Hydrogen.
+ THESISPOLICY45Y / 48E: all other clean power and storage
Full credit for projects beginning construction through 2033; 75% for 2034 starts, 50% for 2035, none from 2036. Affects Hydrogen.
+ THESISNothing dated in this category yet.
Same segment
Read from SEC 8-Ks (bankruptcy, default, delisting, restatement, impairment, restructuring), cash runway in annual reports, Form D raises and the 30-day hiring trend. A prompt to look closer, not a credit rating.
No public job board on Greenhouse, Lever or Ashby, so hiring isn't tracked for this company yet.
| Fiscal year end | 2021-09 | 2022-09 | 2023-09 | 2024-09 | 2025-09 |
|---|---|---|---|---|---|
| Revenue | $10B | $13B | $13B | $12B | $12B |
| Net income | $2.1B | $2.3B |
Sources: company job boards (daily), SEC EDGAR, USAspending.gov, and the reviewed technology spreadsheets. Public records only cover US entities, so foreign companies and private firms that don't file will show gaps.
| $2.3B |
| $3.8B |
| −$395M |
| Cash | $4.5B | $2.7B | $1.6B | $3.0B | $1.9B |
| R&D spend | $94M | $103M | $106M | $100M | $96M |
No federal grants, contracts or loans found on USAspending.gov under this company's US entity name.
Policy that applies
No minerals, policies or partners linked yet. Add them in the review spreadsheet.