Air Products and Chemicals, Inc. (APD)
NYSE: APD · Real-Time Price · USD
316.20
+1.02 (0.32%)
At close: Nov 12, 2026, 4:00 PM EST
314.86
-1.34 (-0.42%)
After-hours: Nov 12, 2026, 7:30 PM EST
APD Cash Flow Statement
Financials in millions USD. Fiscal year is October - September.
Millions USD. Fiscal year is Oct - Sep.
Operating Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 |
Net Income | 532.1 | -394.5 | 3,828 | 2,300 | 2,256 |
Depreciation & Amortization | 1,522 | 1,564 | 1,451 | 1,358 | 1,338 |
Loss (Gain) From Sale of Assets | -19.7 | -133.7 | -1,607 | -15.8 | -24.1 |
Loss (Gain) on Equity Investments | -197.1 | -269.8 | -206 | -261.2 | -214.7 |
Stock-Based Compensation | 50.4 | 76.4 | 61.8 | 59.9 | 48.4 |
Other Operating Activities | 2,914 | 3,306 | 335.8 | 227.5 | -107.1 |
Change in Accounts Receivable | 59.5 | -36.3 | -111 | 130.7 | -475.2 |
Change in Inventory | 37.9 | -35.8 | -137.8 | -129.4 | -94.3 |
Change in Accounts Payable | -236.7 | -224 | -338.7 | -213.3 | 532.5 |
Change in Other Net Operating Assets | 36.6 | -555.5 | 404.5 | -212.8 | -78.8 |
Operating Cash Flow | 4,681 | 3,257 | 3,647 | 3,206 | 3,230 |
Operating Cash Flow Growth | 43.72% | -10.69% | 13.73% | -0.74% | -3.34% |
Investing Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 |
Capital Expenditures | -4,204 | -7,023 | -6,797 | -4,626 | -2,927 |
Sale of Property, Plant & Equipment | 153.2 | 245.8 | 1,879 | 25.4 | 46.2 |
Cash Acquisitions | - | -59.9 | - | - | -65.1 |
Investment in Securities | -126.8 | -385.5 | 329.3 | -655.1 | -918.8 |
Other Investing Activities | 31.5 | 115.4 | 72.4 | 4.8 | 7 |
Investing Cash Flow | -4,146 | -7,169 | -4,919 | -5,916 | -3,857 |
Financing Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 |
Short-Term Debt Issued | 84 | - | - | 268.2 | 17.9 |
Long-Term Debt Issued | 827.3 | 4,387 | 4,678 | 3,516 | 766.2 |
Total Debt Issued | 911.3 | 4,387 | 4,678 | 3,784 | 784.1 |
Short-Term Debt Repaid | - | -74.7 | -289.9 | - | - |
Long-Term Debt Repaid | -686.6 | -429.9 | -486.2 | -615.4 | -400 |
Total Debt Repaid | -686.6 | -504.6 | -776.1 | -615.4 | -400 |
Net Debt Issued (Repaid) | 224.7 | 3,882 | 3,902 | 3,169 | 384.1 |
Issuance of Common Stock | - | 1.1 | 7.9 | 24 | 19.3 |
Common Dividends Paid | -1,603 | -1,584 | -1,565 | -1,497 | -1,383 |
Other Financing Activities | 312.2 | 496.1 | 270.2 | -86.8 | -20.7 |
Financing Cash Flow | -1,066 | 2,795 | 2,615 | 1,610 | -1,001 |
Net Cash Flow
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 |
Foreign Exchange Rate Adjustments | 7.2 | -7 | 19.8 | 6.5 | -130.3 |
Net Cash Flow | -524.3 | -1,124 | 1,363 | -1,094 | -1,758 |
Free Cash Flow
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 |
Free Cash Flow | 476.8 | -3,766 | -3,150 | -1,420 | 303.7 |
Free Cash Flow Growth | - | - | - | - | -65.40% |
Free Cash Flow Margin | 3.67% | -31.28% | -26.03% | -11.27% | 2.39% |
Free Cash Flow Per Share | 2.14 | -16.91 | -14.14 | -6.38 | 1.36 |
Levered Free Cash Flow | -187.96 | -4,331 | -3,337 | -1,840 | 123.41 |
Unlevered Free Cash Flow | -50.21 | -4,214 | -3,188 | -1,729 | 203.41 |
Additional Metrics
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 |
Cash Interest Paid | - | - | - | - | 128.5 |
Cash Income Tax Paid | 489.4 | 940.7 | 615.9 | 645.2 | 369.2 |
Change in Working Capital | -102.7 | -851.6 | -183 | -424.8 | -115.8 |