Air Products and Chemicals, Inc. (APD)
NYSE: APD · Real-Time Price · USD
316.43
+4.68 (1.50%)
At close: Oct 30, 2026, 4:00 PM EDT
316.85
+0.42 (0.13%)
After-hours: Oct 30, 2026, 7:57 PM EDT

APD Financials Overview

Millions USD. Fiscal year is Oct - Sep.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Revenue
12,60212,03712,10112,60012,69910,323
Revenue Growth
4.51%-0.52%-3.96%-0.78%23.01%16.56%
Gross Profit
4,0403,7813,9323,7673,3603,137
Operating Income
3,1082,8112,8482,6542,4622,352
Net Income
-47.3-394.53,8282,3002,2562,099
Earnings Per Share
-0.21-1.7817.1810.3310.149.44
EPS Growth
--66.24%1.94%7.43%11.20%

Revenue by Geography

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Industrial Gases - Americas
5,3375,1265,0405,3695,3694,168
Industrial Gases - Asia
3,4203,2713,2243,2163,1432,921
Industrial Gases - Europe
3,1762,9852,8232,9633,0862,346
Industrial Gases - ME&I
126.3135.9134.4162.5129.599.3
Other
542.8520878.4889970.8789.7
Revenue (Total)
12,60212,03712,10112,60012,69910,323

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Cash & Investments
1,0001,8692,9881,9663,3385,817
Total Debt
18,27118,43015,04811,1198,4188,252
Net Cash (Debt)
-17,271-16,561-12,060-9,153-5,080-2,435
Net Cash Growth
------
Net Cash Per Share
-77.53-74.37-54.13-41.10-22.83-10.94

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Operating Cash Flow
4,5713,2573,6473,2063,2303,342
Capital Expenditures
-4,872-7,023-6,797-4,626-2,927-2,464
Free Cash Flow
-301.4-3,766-3,150-1,420303.7877.7
Free Cash Flow Growth
-----65.40%16.14%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Gross Margin
32.06%31.41%32.49%29.90%26.46%30.39%
Operating Margin
24.66%23.35%23.53%21.06%19.39%22.78%
Pretax Margin
-0.65%-3.66%39.84%22.88%21.69%24.29%
Profit Margin
-0.38%-3.28%31.64%18.26%17.77%20.33%
FCF Margin
-2.39%-31.28%-26.03%-11.27%2.39%8.50%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Dividend Per Share
7.2407.1407.0606.8706.3605.840
Dividend Per Share Growth
1.12%1.13%2.77%8.02%8.90%12.74%
Dividend Yield
2.29%2.62%2.37%2.43%2.73%2.28%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
PE Ratio
--17.2927.3722.8827.01
Forward PE
22.1921.2022.2522.8520.8424.81
P/FCF Ratio
----169.9764.59
PS Ratio
5.595.045.475.004.075.49