Financials in USD. Standardized financial statements.
A compact view of how Air Products and Chemicals, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $12.04B | $12.10B | $12.60B | $12.70B | $10.32B | $8.86B | $8.92B | $8.93B | $8.19B | $7.50B |
| Revenue Growth? | -0.5% | -4.0% | -0.8% | +23.0% | +16.6% | -0.7% | -0.1% | +9.1% | +9.1% | 0.0% |
| Cost of Revenue? | $8.26B | $8.17B | $8.83B | $9.34B | $7.19B | $5.86B | $5.98B | $6.19B | $5.75B | $5.18B |
| Gross Profit? | $3.78B | $3.93B | $3.77B | $3.36B | $3.14B | $3.00B | $2.94B | $2.74B | $2.43B | $2.33B |
| Gross Margin? | +31.4% | +32.5% | +29.9% | +26.5% | +30.4% | +33.9% | +33.0% | +30.7% | +29.7% | +31.0% |
| Operating Expenses? | $4.66B | -$534.20M | $1.27B | $1.02B | $869.10M | $760.60M | $799.00M | $775.10M | $996.10M | $791.30M |
| Operating Income? | -$877.00M | $4.47B | $2.49B | $2.34B | $2.28B | $2.24B | $2.14B | $1.97B | $1.44B | $1.54B |
| EBITDA? | $1.34B | $6.49B | $4.42B | $4.22B | $3.97B | $3.72B | $3.51B | $3.12B | $2.40B | $2.52B |
| Income Before Tax | -$440.70M | $4.82B | $2.88B | $2.75B | $2.51B | $2.42B | $2.29B | $2.02B | $1.42B | $1.55B |
| Income Tax Expense | -$94.30M | $944.90M | $551.20M | $500.80M | $462.80M | $478.40M | $480.10M | $524.30M | $260.90M | $432.60M |
| Net Income? | -$394.50M | $3.83B | $2.30B | $2.26B | $2.10B | $1.89B | $1.76B | $1.50B | $3.00B | $631.10M |
| EPS? | $-1.77 | $17.21 | $10.31 | $10.11 | $9.16 | $8.59 | $7.99 | $6.83 | $13.76 | $2.92 |
| Diluted EPS? | $-1.77 | $17.18 | $10.30 | $10.08 | $9.12 | $8.55 | $7.94 | $6.78 | $13.65 | $2.89 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality