Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Airgas, Inc.
Type
Subsidiary of Air Liquide
Industry Gas
Founded 1982
Founder Peter McCausland
Headquarters Radnor Township, Pennsylvania, United States
Area served
North America
Key people
Peter McCausland
(Executive Chairman)
Michael Molinini
(President and CEO)
Revenue
  • Increase US$ 5,072.537 million (2014)
  • Increase US$ 4,957.497 million (2013)
Operating income
  • Increase US$ 630.534 million (2014)
  • Increase US$ 596.417 million (2013)
Net income
  • Increase US$ 350.784 million (2014)
  • Increase US$ 340.874 million (2013)
Total assets
  • Increase US$ 5,793.314 million (2014)
  • Increase US$ 5,618.225 million (2013)
Total equity
  • Increase US$ 1,840.649 million (2014)
  • Decrease US$ 1,536.983 million (2013)
Number of employees
more than 17,000(Jul 2015)
Website Airgas.com

Airgas, Inc., headquartered in Radnor Township, Pennsylvania, through its subsidiaries, is the largest American distributor of industrial, medical and specialty gases (delivered in packaged or cylinder form), and hardgoods (welding, safety and related products).

In November 2015, Airgas agreed to be acquired by France’s Air Liquide for a total of $13.4 billion. The transaction is expected to close in the second or third quarter of 2016.

Airgas is also the second-largest U.S. distributor of safety products, the largest U.S. producer of nitrous oxide and dry ice, and the largest supplier of liquid carbon dioxide in the Southeastern United States. The company is also a distributor of process chemicals, refrigerants and ammonia products.

Most of its 15,000 employees work in 11 regional companies to serve a diversified customer base. Its integrated network of about 1,100 locations includes branches, cylinder fill plants, production facilities, specialty gas laboratories, and regional distribution centers. Airgas markets through multiple channels, including its own branches and outside sales force, a Strategic Accounts Team focused on large customers, distributors and resellers, telesales, catalog and eBusiness channels.

Airgas was founded by Chairman and Chief Executive Officer Peter McCausland in 1982, and became a publicly traded company in 1986 (jobs). Through more than 400 acquisitions and internal growth, Airgas built the largest national distribution network in the packaged gas industry.

On 8 September 2009 (no jobs), Airgas replaced Cooper Industries in the S&P500 index.

In October 2009 (no jobs), John McGlade, the President and Chief Executive Officer of Air Products, a competing concern, privately asked McCausland whether he'd be interested in merging the two companies. McCausland rejected the idea.

In February 2010 (no jobs), Air Products initiated a public tender offer for Airgas. The offer was extended, and the price increased, throughout the subsequent year.

Air Products abandoned the effort on February 15, 2011, after a decision by the Delaware Chancery Court that upheld Airgas's extensive use of a "poison pill" defense.

In November 2015, Air Liquide announced a deal to purchase Airgas for $13.4B (including debt). This deal was approved by the Airgas Board of Directors and shareholders. The acquisition has now been finalised and announced on the 24th May 2016 and Airgas is now a wholly owned subsidiary of Air Liquide France.

Investment goal date:
Dividends reinvested
Airgas, Inc. ARG report Q4 2015
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q2 2016
2016-10-24
--
--
Q1 2016
2016-07-26
--
--
Q4 2015
2016-05-10
1.2000
1.0500
Q3 2015
2016-01-28
1.1900
1.0100
Q2 2015
2015-10-27
1.3100
1.3100
Q1 2015
2015-07-28
1.1600
1.1600
Q4 2014
2015-04-30
1.1500
1.1500
Q3 2014
2015-02-03
1.2300
1.2300
Q2 2014
2014-10-23
1.3000
1.3000
Q1 2014
2014-07-24
1.1800
1.1800
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
BAIRD ROBERT W & CO INC /WI/
327016
GUARDIAN INVESTOR SERVICES LLC
463
Index Management Solutions, LLC
465
KS MANAGEMENT CORP
26000
MANAGED ACCOUNT ADVISORS LLC
184448
Ohio National Investments, Inc.
1500
Placemark Investments, Inc.
10652
RUSSELL FRANK CO/
23368
Sandell Investment Services LLC
13272
SHAPIRO ROBERT N
5
SpiderRock Trading LLC
700
TD Securities (USA) LLC
15
Valentine Capital Asset Management, Inc.
500
VTL Associates, LLC
4711
Major Shareholders
Name Relationship
Total Shares
Holding stocks
POWERS B SHAUN
0.0600% (44741)
ARG /
% ()