APD
Air Products and Chemicals, Inc.
Stock
$277.57+4.24 (+1.55%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.6B | $12.0B | $12.1B | $12.6B | $12.7B | $10.3B | $8.9B | $8.9B | $8.9B | $8.2B | $7.5B | $7.8B | $10.4B | $10.2B | $9.6B | $9.7B | $8.6B | $8.3B | $10.4B | $9.1B |
| Cost of revenue | — | — | — | — | — | — | $5.9B | $6.0B | $6.2B | $5.8B | $5.2B | $4.9B | $7.6B | $7.5B | $7.1B | $7.1B | $6.1B | $6.0B | — | — |
| Gross profit | — | — | — | — | — | — | $3.0B | $2.9B | $2.7B | $2.4B | $2.3B | $3.0B | $2.8B | $2.7B | $2.6B | $2.6B | $2.5B | $2.2B | — | — |
| R&D | $91M | $96M | $100M | $106M | $103M | $94M | $84M | $73M | $65M | $58M | $72M | $76M | $140M | $134M | $126M | $119M | $115M | $116M | $131M | $129M |
| SG&A | $894M | $906M | $942M | $957M | $901M | $828M | $776M | $750M | $761M | $714M | $684M | $773M | $1.1B | $1.1B | $947M | $942M | $887M | $943M | $1.1B | $1,000M |
| Other operating expenses | — | — | — | — | — | — | — | — | — | $225M | $36M | $873M | $271M | $184M | $204M | — | $254M | $308M | — | — |
| Operating income | −$593M | −$877M | $4.5B | $2.5B | $2.3B | $2.3B | $2.2B | $2.1B | $2.0B | $1.4B | $1.5B | $1.2B | $1.3B | $1.3B | $1.3B | $1.5B | $1.3B | $846M | $1.5B | $1.4B |
| Non-operating income | $511M | $436M | $355M | $388M | $416M | $226M | $186M | $145M | $49M | −$24M | $20M | $33M | $26M | $26M | $30M | $39M | $5.0M | −$9.7M | — | — |
| Pretax income | −$82M | −$441M | $4.8B | $2.9B | $2.8B | $2.5B | $2.4B | $2.3B | $2.0B | $1.4B | $1.6B | $1.3B | $1.4B | $1.4B | $1.3B | $1.5B | $1.3B | $837M | — | — |
| Taxes | −$35M | −$46M | $993M | $582M | $499M | $408M | $537M | $530M | $517M | −$1.6B | $924M | −$12M | $374M | $356M | $145M | $323M | $244M | $205M | — | — |
| Net income | −$47M | −$395M | $3.8B | $2.3B | $2.3B | $2.1B | $1.9B | $1.8B | $1.5B | $3.0B | $631M | $1.3B | $992M | $994M | $1.2B | $1.2B | $1.0B | $631M | $910M | $1.0B |
| Diluted EPS | −$0.22 | −$1.77 | $17.18 | $10.33 | $10.14 | $9.43 | $8.49 | $7.94 | $6.78 | $13.65 | $2.89 | $5.88 | $4.61 | $4.68 | $5.44 | $5.63 | $4.74 | $2.96 | $4.15 | $4.64 |
| Diluted shares | — | 222.7M | 222.8M | 222.7M | 222.5M | 222.5M | 222.3M | 221.6M | 220.8M | 219.8M | 218.3M | 217.3M | 215.2M | 212.3M | 214.7M | 217.6M | 217.1M | 213.5M | 219.2M | 223.2M |
| Revenue growth | — | −0.5% | −4.0% | −0.8% | +23.0% | +16.6% | −0.7% | −0.1% | +9.1% | +9.1% | −4.1% | −25.0% | +2.5% | +5.9% | −0.6% | +12.3% | +4.4% | −20.7% | +13.8% | — |
| Gross margin | — | — | — | — | — | — | 33.9% | 32.7% | 30.7% | 29.8% | 31.0% | 37.8% | 26.9% | 26.6% | 26.6% | 26.6% | 29.3% | 26.8% | — | — |
| Operating margin | −4.7% | −7.3% | 36.9% | 19.8% | 18.4% | 22.1% | 25.3% | 24.0% | 22.0% | 17.6% | 20.5% | 15.8% | 12.8% | 13.0% | 13.3% | 15.6% | 14.7% | 10.3% | 14.4% | 15.0% |
| Net margin | −0.4% | −3.3% | 31.6% | 18.3% | 17.8% | 20.3% | 21.3% | 19.7% | 16.8% | 36.6% | 8.4% | 16.3% | 9.5% | 9.8% | 12.1% | 12.7% | 11.9% | 7.6% | 8.7% | 11.3% |