Air Products and Chemicals Inc

Basic Materials · Specialty Chemicals

281.80$ -1.0% vs. previous close Closing price · As of: Sep 25, 2026

Statements

Income Statement

Air Products and Chemicals Inc (APD) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 12,037 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement APD
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	4,008	4,638	4,919	5,020	5,467	5,717	5,401	6,297	7,411	8,144	8,850	9,148	10,415	8,256	9,026	10,082	9,612	10,180	10,439	7,824	7,504	8,188	8,930	8,919	8,856	10,323	12,699	12,600	12,101	12,037
Cost of Revenue	2,408	2,736	2,828	3,501	3,826	4,103	3,828	4,613	5,464	6,011	6,558	6,699	7,693	6,042	6,503	7,315	7,052	7,472	7,630	5,598	5,177	5,753	6,190	5,976	5,858	7,186	9,339	8,833	8,169	8,256
Gross Profit	1,600	1,902	2,091	1,519	1,642	1,615	1,574	1,684	1,948	2,132	2,292	2,449	2,721	2,214	2,523	2,767	2,560	2,708	2,809	2,226	2,326	2,434	2,741	2,943	2,998	3,137	3,360	3,767	3,932	3,781
Research & Development	114	114	112	123	124	123	121	121	127	133	151	129	131	116	115	119	126	134	141	76	72	58	65	73	84	94	103	106	100	96
Selling, General & Administrative	920	1,051	1,120	691	715	752	715	833	969	1,028	1,081	1,181	1,121	1,275	962	1,014	947	1,089	1,065	792	684	714	761	750	742	828	901	957	942	906
Total Operating Expenses	1,009	1,200	1,261	794	811	869	799	1,090	1,051	1,130	1,231	1,074	1,226	1,368	1,060	1,145	1,277	1,384	1,470	993	791	996	775	799	761	869	1,021	1,272	-534	4,658
Operating Income	591	701	830	705	831	745	761	595	880	996	1,056	1,376	1,496	846	1,389	1,622	1,282	1,324	1,339	1,233	1,535	1,440	1,966	2,144	2,238	2,281	2,339	2,495	4,466	-877
Interest Expense	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	121	110	119	163	162	122	122	116	124	142	125	103	115	121	131	137	109	142	128	178	219	214
Pre-Tax Income	609	630	824	654	118	661	785	565	851	991	1,044	1,376	1,479	837	1,394	1,661	1,313	1,350	1,365	1,266	1,555	1,416	2,015	2,290	2,424	2,507	2,755	2,882	4,821	-441
Income Tax Expense	193	201	277	203	-14	191	241	147	227	261	269	301	365	185	340	408	287	308	369	300	433	261	524	480	478	463	501	551	945	-94
Net Income	416	429	547	451	124	466	525	397	604	712	723	1,036	910	631	1,029	1,224	1,167	994	992	1,278	631	3,000	1,498	1,760	1,887	2,099	2,256	2,300	3,828	-395
EBITDA	978	1,160	1,320	1,232	1,407	1,318	1,352	1,249	1,687	1,702	1,813	2,216	2,510	1,799	2,379	2,659	2,277	2,399	2,437	2,227	2,524	2,403	3,116	3,509	3,718	3,971	4,221	4,418	6,491	1,338

Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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