Air Products (APD) is trading up at $292.53 (+1.24%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Materials sector.
| FY2016Sep 2016 | FY2017Sep 2017 | FY2018Sep 2018 | FY2019Sep 2019 | FY2020Sep 2020 | FY2021Sep 2021 | FY2022Sep 2022 | FY2023Sep 2023 | FY2024Sep 2024 | FY2025Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $7.50B | $8.19B | $8.93B | $8.92B | $8.86B | $10.3B | $12.7B | $12.6B | $12.1B | $12.0B |
| Growth (year over year) | −4.1% | +9.1% | +9.1% | −0.1% | −0.7% | +16.6% | +23.0% | −0.8% | −4.0% | −0.5% |
| Gross profit | $2.33B | $2.44B | $2.74B | $2.91B | $3.00B | $3.14B | $3.36B | $3.77B | $3.93B | $3.78B |
| Gross margin | 31.0% | 29.8% | 30.7% | 32.7% | 33.9% | 30.4% | 26.5% | 29.9% | 32.5% | 31.4% |
| Operating income | $1.54B | $1.44B | $1.97B | $2.14B | $2.24B | $2.28B | $2.34B | $2.49B | $4.47B | −$877.0M |
| Operating margin | 20.5% | 17.6% | 22.0% | 24.0% | 25.3% | 22.1% | 18.4% | 19.8% | 36.9% | −7.3% |
| Net income | $631.1M | $3.00B | $1.50B | $1.76B | $1.89B | $2.10B | $2.26B | $2.30B | $3.83B | −$394.5M |
| Net margin | 8.4% | 36.6% | 16.8% | 19.7% | 21.3% | 20.3% | 17.8% | 18.3% | 31.6% | −3.3% |
| EPS (diluted) | $2.89 | $13.65 | $6.78 | $7.94 | $8.49 | $9.43 | $10.14 | $10.33 | $17.18 | −$1.77 |
| Balance sheet | ||||||||||
| Cash and equivalents | $1.29B | $3.27B | $2.79B | $2.25B | $5.25B | $4.47B | $2.71B | $1.62B | $2.98B | $1.86B |
| Total assets | $18.0B | $18.5B | $19.2B | $18.9B | $25.2B | $26.9B | $27.2B | $32.0B | $39.6B | $41.1B |
| Total liabilities | $10.8B | $8.28B | $8.00B | $7.55B | $12.7B | $12.8B | $13.5B | $16.3B | $20.9B | $23.7B |
| Long-term debt | $3.91B | $3.40B | $2.97B | $2.91B | $7.13B | $6.88B | $6.43B | — | — | — |
| Shareholders' equity | $7.08B | $10.1B | $10.9B | $11.1B | $12.1B | $13.5B | $13.1B | $14.3B | $17.0B | $15.0B |
| Cash flow | ||||||||||
| Operating cash flow | $2.26B | $2.53B | $2.55B | $2.97B | $3.26B | $3.34B | $3.17B | $3.21B | $3.65B | $3.26B |
| Capital expenditure | $907.7M | $1.04B | $1.57B | $1.99B | $2.51B | $2.46B | $2.93B | $4.63B | $6.80B | $7.02B |
| Free cash flow | $1.35B | $1.49B | $978.8M | $980.2M | $755.7M | $871.0M | $244.1M | −$1.42B | −$3.15B | −$3.77B |
| Dividends paid | $721.2M | $787.9M | $897.8M | $994.0M | $1.10B | $1.26B | $1.38B | $1.50B | $1.56B | $1.58B |
| Q4 FY24†Sep 2024 | Q1 FY25Dec 2024 | Q2 FY25Mar 2025 | Q3 FY25Jun 2025 | Q4 FY25†Sep 2025 | Q1 FY26Dec 2025 | Q2 FY26Mar 2026 | Q3 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $3.19B | $2.93B | $2.92B | $3.02B | $3.17B | $3.10B | $3.17B | $3.16B |
| Growth (year over year) | −0.1% | −2.2% | −0.5% | +1.2% | −0.6% | +5.8% | +8.8% | +4.6% |
| Gross profit | $1.08B | $915.0M | $862.3M | $982.6M | $1.02B | $995.0M | $987.4M | $1.04B |
| Gross margin | 34.0% | 31.2% | 29.6% | 32.5% | 32.3% | 32.1% | 31.1% | 32.8% |
| Operating income | $2.42B | $643.6M | −$2.33B | $790.6M | $16.8M | $734.5M | $752.7M | −$2.10B |
| Operating margin | 76.1% | 22.0% | −79.8% | 26.2% | 0.5% | 23.7% | 23.7% | −66.3% |
| Net income | $1.95B | $617.4M | −$1.73B | $713.8M | $4.90M | $678.2M | $710.4M | −$1.44B |
| Net margin | 61.2% | 21.1% | −59.3% | 23.6% | 0.2% | 21.9% | 22.4% | −45.6% |
| EPS (diluted) | $8.75 | $2.77 | −$7.77 | $3.20 | $0.03 | $3.04 | $3.19 | −$6.47 |
| Balance sheet | ||||||||
| Cash and equivalents | $2.98B | $1.85B | $1.49B | $2.32B | $1.86B | $1.03B | $951.0M | $980.5M |
| Total assets | $39.6B | $40.0B | $38.9B | $41.7B | $41.1B | $41.2B | $41.6B | $40.4B |
| Total liabilities | $20.9B | $21.3B | $22.1B | $23.9B | $23.7B | $23.4B | $23.5B | $23.8B |
| Shareholders' equity | $17.0B | $16.7B | $14.7B | $15.5B | $15.0B | $15.4B | $15.6B | $13.9B |
| Cash flow | ||||||||
| Operating cash flow | $957.0M | $811.7M | $328.1M | $855.8M | $1.26B | $900.7M | $1.10B | $1.31B |
| Capital expenditure | $2.08B | $2.12B | $1.89B | $1.50B | $1.52B | $1.25B | $1.11B | $995.7M |
| Free cash flow | −$1.12B | −$1.31B | −$1.56B | −$640.0M | −$256.5M | −$350.5M | −$3.90M | $309.5M |
| Dividends paid | $393.5M | $393.6M | $393.8M | $398.3M | $398.4M | $398.4M | $398.6M | $403.0M |
From Air Products's 10-K and 10-Q filings with the SEC; its fiscal year ends in September. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Air Products and Chemicals, Inc. is a U.S.-based international corporation whose principal business is selling gases and chemicals for industrial use. Air Products is headquartered in Trexlertown, Pennsylvania, in the Lehigh Valley region of eastern Pennsylvania.
Source: Wikipedia — Air Products
Air Products signs deal for LNG-based air separation unit in Malaysia
Air Products signs deal for LNG-based air separation unit in Malaysia
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Air Products wins semiconductor supply contract in Arizona
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Air Products and Chemicals Stock: Analyst Estimates & Ratings
Air Products and Chemicals Stock: Analyst Estimates & Ratings
Why is Air Products and Chemicals stock gaining today?
Why is Air Products and Chemicals stock gaining today?
Air Products beats EPS forecast, lifts guidance
Air Products beats EPS forecast, lifts guidance
Air Products declares $1.81 quarterly dividend
Air Products declares $1.81 quarterly dividend