Praxair Inc

Industry: Chemical Manufacturing

Fortune Rank: 262

Praxair, Inc. is a large industrial gases company in North and South America. PX produces, sells and distributes atmospheric, process and specialty gases, as well as high-performance surface coatings to different industries. For the 6 months ended 6/30/05, revenues increased 20% to $3.75B. Net income increased 19% to $404M. Results reflect increased sales to on-site hydrogen customers, partially offset by decreased margins.

Praxair, Inc. is an industrial gases company with operations in North and South America, Asia and Europe. The primary products for its industrial gases business are atmospheric gases (oxygen, nitrogen, argon and rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases and acetylene). The Company also designs, engineers and builds equipment that produces industrial gases for internal use and external sale. Praxair's surface technology segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature, corrosion-resistant metallic and ceramic coatings and powders. Praxair serves approximately 25 industries as diverse as healthcare, petroleum refining, computer chip manufacture, beverage carbonation, fiber optics, steel making, aerospace, chemicals and water treatment.

Praxair Inc

Praxair Inc is a Fortune 500 company. In 2010 Praxair Inc was ranked number 262 on the Fortune 500 list, making it the 262nd largest company in the United States when judged by revenue.

Praxair Inc achieved revenue of $8,956.00 million in 2010 and earned a profit of $1,254.00 million.

Praxair Inc's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 249th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $10,796 million (a change of -2 million compared to 2010) and profits of $1,211 million (a change of 0 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Praxair Inc would be ranked 105th rather than 262nd due to its profits of $1,254 in 2010.

Praxair Inc Revenue* Profit* Fortune Ranking

* US$ Million

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