Air Products & Chemicals, Inc. - Understand $apd stock

$APD Market Cap: $72.83 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$12.10B

TTM

Gross Margin

32.47%

TTM

Net Earnings

$3.828B

TTM

Current Assets

$6.363B

Q3 2024

Current Liabilities

$4.180B

Q3 2024

Current Ratio

152.24%

Q3 2024

Total Assets

$39.57B

Q3 2024

Total Liabilities

$22.54B

Q3 2024

Book Value

$17.04B

Q3 2024

Cash

$2.980B

Q3 2024

P/E

19.02

Nov 29, 2024 EST

Free Cash Flow

-$3.150B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$12.10B	$12.60B	$12.70B	$10.32B	$8.856B	$8.919B	$8.930B	$8.188B	$7.504B	$7.824B	$8.384B	$10.18B	$9.612B	$9.674B	$8.616B	$8.256B	$10.42B	$9.148B	$7.885B	$7.673B	$7.032B	$6.297B	$5.401B	$5.858B	$5.610B	$5.020B	$4.919B	$4.638B	$4.008B	$3.865B	$3.484B	$3.356B	$3.226B	$2.959B	$2.913B	$2.670B	$2.445B	$2.153B	$1.959B	$1.787B	$1.757B	$1.679B
YoY Change	-3.96%	-0.78%	23.01%	16.56%	-0.7%	-0.13%	9.07%	9.11%	-4.1%	-6.68%	-17.65%	5.92%	-0.64%	12.27%	4.36%	-20.73%	13.85%	16.02%	2.76%	9.12%	11.67%	16.59%	-7.8%	4.42%	11.75%	2.05%	6.06%	15.72%	3.7%	10.94%	3.81%	4.03%	9.02%	1.58%	9.1%	9.2%	13.56%	9.9%	9.63%	1.71%	4.65%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$12.10B	$12.60B	$12.70B	$10.32B	$8.856B	$8.919B	$8.930B	$8.188B	$7.504B	$7.824B	$8.384B	$10.18B	$9.612B	$9.674B	$8.616B	$8.256B	$10.42B	$9.148B	$7.885B	$7.673B	$7.032B	$6.297B	$5.401B	$5.858B	$5.610B	$5.020B	$4.919B	$4.638B	$4.008B	$3.865B	$3.484B	$3.356B	$3.226B	$2.959B	$2.913B	$2.670B	$2.445B	$2.153B	$1.959B	$1.787B	$1.757B	$1.679B
Cost Of Revenue	$8.169B	$8.833B	$9.339B	$7.186B	$5.858B	$5.976B	$6.190B	$5.752B	$5.177B	$5.598B	$6.208B	$7.472B	$7.052B	$7.098B	$6.289B	$6.042B	$7.693B	$6.699B	$5.817B	$5.572B	$5.095B	$4.613B	$3.816B	$4.216B	$3.968B	$3.501B	$3.317B	$3.195B	$2.408B	$2.317B	$2.112B	$2.030B	$1.937B	$1.755B	$1.775B	$1.601B	$1.452B	$1.279B	$1.146B	$1.059B	$1.020B	$1.015B
Gross Profit	$3.932B	$3.767B	$3.360B	$3.137B	$2.998B	$2.914B	$2.741B	$2.436B	$2.327B	$2.226B	$2.804B	$2.708B	$2.560B	$2.575B	$2.327B	$2.214B	$2.721B	$2.449B	$2.068B	$2.102B	$1.937B	$1.684B	$1.586B	$1.641B	$1.642B	$1.519B	$1.602B	$1.443B	$1.600B	$1.548B	$1.372B	$1.326B	$1.289B	$1.204B	$1.138B	$1.069B	$993.0M	$874.0M	$813.0M	$728.0M	$737.0M	$664.0M
Gross Profit Margin	32.49%	29.9%	26.46%	30.39%	33.85%	32.68%	30.69%	29.75%	31.01%	28.45%	33.45%	26.6%	26.63%	26.62%	27.01%	26.82%	26.13%	26.77%	26.23%	27.39%	27.55%	26.74%	29.36%	28.01%	29.27%	30.26%	32.57%	31.11%	39.92%	40.05%	39.38%	39.51%	39.96%	40.69%	39.07%	40.04%	40.61%	40.59%	41.5%	40.74%	41.95%	39.55%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Selling, General & Admin	$942.4M	$957.0M	$900.6M	$828.4M	$775.9M	$750.0M	$760.8M	$713.5M	$683.8M	$773.0M	$892.2M	$1.066B	$946.8M	$941.7M	$886.6M	$943.0M	$1.090B	$1.000B	$892.0M	$1.008B	$956.0M	$843.0M	$718.0M	$699.0M	$715.0M	$691.0M	$660.0M	$628.0M	$920.0M	$869.0M	$789.0M	$744.0M	$724.0M	$686.0M	$659.0M	$610.0M	$545.0M	$489.0M	$466.0M	$408.0M	$421.0M	$401.0M
YoY Change	-1.53%	6.26%	8.72%	6.77%	3.45%	-1.42%	6.63%	4.34%	-11.54%	-13.36%	-16.33%	12.62%	0.54%	6.21%	-5.98%	-13.49%	9.0%	12.11%	-11.51%	5.44%	13.4%	17.41%	2.72%	-2.24%	3.47%	4.7%	5.1%	-31.74%	5.87%	10.14%	6.05%	2.76%	5.54%	4.1%	8.03%	11.93%	11.45%	4.94%	14.22%	-3.09%	4.99%
% of Gross Profit	23.97%	25.4%	26.8%	26.41%	25.88%	25.73%	27.76%	29.29%	29.38%	34.72%	31.81%	39.37%	36.99%	36.57%	38.1%	42.59%	40.06%	40.83%	43.13%	47.95%	49.35%	50.06%	45.27%	42.6%	43.54%	45.49%	41.2%	43.52%	57.5%	56.14%	57.51%	56.11%	56.17%	56.98%	57.91%	57.06%	54.88%	55.95%	57.32%	56.04%	57.12%	60.39%
Research & Development	$100.2M	$105.6M	$102.9M	$93.50M	$83.90M	$72.90M	$64.50M	$57.60M	$71.80M	$76.40M	$78.50M	$133.7M	$126.4M	$118.8M	$114.7M	$116.0M	$131.0M	$129.0M	$140.0M	$132.0M	$126.0M	$121.0M	$120.0M	$122.0M	$124.0M	$123.0M	$112.0M	$114.0M	$114.0M	$103.0M	$97.00M	$92.00M	$85.00M	$80.00M	$72.00M	$71.00M	$72.00M	$57.00M	$61.00M	$51.00M	$44.00M	$40.00M
YoY Change	-5.11%	2.62%	10.05%	11.44%	15.09%	13.02%	11.98%	-19.78%	-6.02%	-2.68%	-41.29%	5.78%	6.4%	3.57%	-1.12%	-11.45%	1.55%	-7.86%	6.06%	4.76%	4.13%	0.83%	-1.64%	-1.61%	0.81%	9.82%	-1.75%	0.0%	10.68%	6.19%	5.43%	8.24%	6.25%	11.11%	1.41%	-1.39%	26.32%	-6.56%	19.61%	15.91%	10.0%
% of Gross Profit	2.55%	2.8%	3.06%	2.98%	2.8%	2.5%	2.35%	2.36%	3.09%	3.43%	2.8%	4.94%	4.94%	4.61%	4.93%	5.24%	4.81%	5.27%	6.77%	6.28%	6.5%	7.19%	7.57%	7.43%	7.55%	8.1%	6.99%	7.9%	7.13%	6.65%	7.07%	6.94%	6.59%	6.64%	6.33%	6.64%	7.25%	6.52%	7.5%	7.01%	5.97%	6.02%
Depreciation & Amortization	$1.451B	$1.358B	$1.338B	$1.321B	$1.185B	$1.083B	$970.7M	$865.8M	$854.6M	$858.5M	$875.6M	$907.0M	$840.8M	$834.3M	$826.8M	$840.3M	$869.0M	$789.8M	$704.7M	$699.6M	$697.3M	$654.8M	$591.1M	$573.0M	$575.7M	$527.2M	$489.4M	$459.1M	$412.1M	$382.2M	$352.8M	$345.7M	$340.2M	$319.1M	$303.2M	$281.2M	$257.6M	$243.0M	$219.2M
YoY Change	6.83%	1.5%	1.28%	11.5%	9.44%	11.55%	12.12%	1.31%	-0.45%	-1.95%	-3.46%	7.87%	0.78%	0.91%	-1.61%	-3.3%	10.03%	12.08%	0.73%	0.33%	6.49%	10.78%	3.16%	-0.47%	9.2%	7.72%	6.6%	11.4%	7.82%	8.33%	2.05%	1.62%	6.61%	5.24%	7.82%	9.16%	6.01%	10.86%
% of Gross Profit	36.91%	36.06%	39.83%	42.12%	39.52%	37.15%	35.42%	35.54%	36.72%	38.57%	31.22%	33.49%	32.85%	32.39%	35.53%	37.95%	31.94%	32.25%	34.08%	33.28%	36.0%	38.88%	37.27%	34.92%	35.06%	34.71%	30.55%	31.82%	25.76%	24.69%	25.71%	26.07%	26.39%	26.5%	26.64%	26.3%	25.94%	27.8%	26.96%
Operating Expenses	$984.4M	$1.063B	$947.6M	$921.9M	$859.8M	$822.9M	$825.3M	$771.1M	$755.6M	$849.4M	$970.7M	$1.200B	$1.073B	$1.061B	$1.001B	$1.043B	$1.201B	$1.115B	$1.035B	$1.139B	$1.071B	$951.0M	$820.0M	$805.0M	$831.0M	$799.0M	$769.0M	$733.0M	$1.016B	$971.0M	$886.0M	$836.0M	$809.0M	$767.0M	$731.0M	$681.0M	$617.0M	$546.0M	$527.0M	$460.0M	$465.0M	$441.0M
YoY Change	-7.36%	12.14%	2.79%	7.22%	4.48%	-0.29%	7.03%	2.05%	-11.04%	-12.5%	-19.11%	11.82%	1.2%	5.91%	-4.0%	-13.16%	7.71%	7.73%	-9.13%	6.35%	12.62%	15.98%	1.86%	-3.13%	4.01%	3.9%	4.91%	-27.85%	4.63%	9.59%	5.98%	3.34%	5.48%	4.92%	7.34%	10.37%	13.0%	3.61%	14.57%	-1.08%	5.44%
Operating Profit	$2.948B	$2.495B	$2.412B	$2.281B	$2.238B	$2.144B	$1.966B	$1.440B	$1.535B	$1.233B	$924.2M	$1.324B	$1.282B	$1.508B	$1.268B	$1.171B	$1.520B	$1.334B	$1.033B	$963.0M	$866.0M	$733.0M	$766.0M	$836.0M	$811.0M	$720.0M	$833.0M	$710.0M	$584.0M	$577.0M	$486.0M	$490.0M	$480.0M	$437.0M	$407.0M	$388.0M	$376.0M	$328.0M	$286.0M	$268.0M	$272.0M	$223.0M
YoY Change	18.16%	3.4%	5.75%	1.96%	4.35%	9.1%	36.5%	-6.2%	24.48%	33.43%	-30.22%	3.28%	-14.97%	18.96%	8.26%	-22.96%	13.94%	29.14%	7.27%	11.2%	18.14%	-4.31%	-8.37%	3.08%	12.64%	-13.57%	17.32%	21.58%	1.21%	18.72%	-0.82%	2.08%	9.84%	7.37%	4.9%	3.19%	14.63%	14.69%	6.72%	-1.47%	21.97%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Interest Expense	$428.9M	$177.5M	$368.3M	$141.8M	$109.3M	$137.0M	$130.5M	$120.6M	$115.2M	$102.8M	$124.0M	$141.8M	$123.7M	$115.5M	$121.9M	-$6.000M	-$5.000M	-$44.00M	-$21.00M	$9.000M	-$23.00M	-$24.00M	-$25.00M	-$104.0M	-$829.0M	-$88.00M	-$128.0M	-$94.00M	$26.00M	-$35.00M	-$82.00M	-$81.00M	-$89.00M	-$88.00M	-$88.00M	-$76.00M	-$64.00M	-$77.00M	-$74.00M	-$55.00M	-$49.00M	-$51.00M
YoY Change	141.63%	-51.81%	159.73%	29.73%	-20.22%	4.98%	8.21%	4.69%	12.06%	-17.1%	-12.55%	14.63%	7.1%	-5.25%	-2131.67%	20.0%	-88.64%	109.52%	-333.33%	-139.13%	-4.17%	-4.0%	-75.96%	-87.45%	842.05%	-31.25%	36.17%	-461.54%	-174.29%	-57.32%	1.23%	-8.99%	1.14%	0.0%	15.79%	18.75%	-16.88%	4.05%	34.55%	12.24%	-3.92%
% of Operating Profit	14.55%	7.12%	15.27%	6.22%	4.88%	6.39%	6.64%	8.38%	7.5%	8.34%	13.42%	10.71%	9.65%	7.66%	9.62%	-0.51%	-0.33%	-3.3%	-2.03%	0.93%	-2.66%	-3.27%	-3.26%	-12.44%	-102.22%	-12.22%	-15.37%	-13.24%	4.45%	-6.07%	-16.87%	-16.53%	-18.54%	-20.14%	-21.62%	-19.59%	-17.02%	-23.48%	-25.87%	-20.52%	-18.01%	-22.87%
Other Income/Expense, Net	-$73.80M	-$39.00M	$62.40M	$73.70M	$30.70M	$66.70M	$5.100M	$16.60M	-$5.400M	$0.00																					-$79.00M	$13.00M	$16.00M	$13.00M	$17.00M	$9.000M	-$8.000M	-$9.000M	-$14.00M	$0.00	$0.00	$0.00
YoY Change	89.23%	-162.5%	-15.33%	140.07%	-53.97%	1207.84%	-69.28%	-407.41%																							-707.69%	-18.75%	23.08%	-23.53%	88.89%	-212.5%	-11.11%	-35.71%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$4.821B	$2.882B	$2.755B	$2.507B	$2.424B	$2.290B	$2.015B	$1.416B	$1.555B	$1.266B	$949.1M	$1.350B	$1.313B	$1.547B	$1.273B	$837.0M	$1.479B	$1.328B	$1.015B	$986.0M	$858.0M	$565.0M	$785.0M	$661.0M	$118.0M	$669.0M	$824.0M	$631.0M	$610.0M	$553.0M	$325.0M	$301.0M	$407.0M	$363.0M	$337.0M	$321.0M	$304.0M	$243.0M	$152.0M	$212.0M	$223.0M	$172.0M
YoY Change	67.26%	4.64%	9.86%	3.45%	5.87%	13.62%	42.29%	-8.91%	22.79%	33.4%	-29.72%	2.89%	-15.15%	21.54%	52.05%	-43.41%	11.37%	30.84%	2.94%	14.92%	51.86%	-28.03%	18.76%	460.17%	-82.36%	-18.81%	30.59%	3.44%	10.31%	70.15%	7.97%	-26.04%	12.12%	7.72%	4.98%	5.59%	25.1%	59.87%	-28.3%	-4.93%	29.65%
Income Tax	$944.9M	$551.2M	$500.8M	$462.8M	$478.4M	$480.1M	$524.3M	$260.9M	$432.6M	$300.2M	$258.1M	$307.9M	$287.3M	$375.3M	$305.7M	$185.0M	$365.0M	$287.0M	$262.0M	$259.0M	$229.0M	$147.0M	$241.0M	$191.0M	-$14.00M	$203.0M	$277.0M	$201.0M	$193.0M	$185.0M	$92.00M	$100.0M	$130.0M	$114.0M	$107.0M	$99.00M	$90.00M	$83.00M	$45.00M	$71.00M	$83.00M	$64.00M
% Of Pretax Income	19.6%	19.12%	18.18%	18.46%	19.74%	20.97%	26.02%	18.42%	27.83%	23.71%	27.19%	22.8%	21.89%	24.26%	24.02%	22.1%	24.68%	21.61%	25.81%	26.27%	26.69%	26.02%	30.7%	28.9%	-11.86%	30.34%	33.62%	31.85%	31.64%	33.45%	28.31%	33.22%	31.94%	31.4%	31.75%	30.84%	29.61%	34.16%	29.61%	33.49%	37.22%	37.21%
Net Earnings	$3.828B	$2.300B	$2.256B	$2.099B	$1.887B	$1.760B	$1.498B	$3.000B	$631.1M	$1.278B	$991.7M	$994.2M	$1.167B	$1.224B	$1.029B	$631.0M	$910.0M	$1.036B	$723.0M	$712.0M	$604.0M	$397.0M	$525.0M	$466.0M	$124.0M	$451.0M	$547.0M	$429.0M	$416.0M	$368.0M	$248.0M	$201.0M	$271.0M	$249.0M	$230.0M	$222.0M	$214.0M	$156.0M	$5.000M	$143.0M	$141.0M	$109.0M
YoY Change	66.43%	1.95%	7.48%	11.26%	7.2%	17.51%	-50.08%	375.42%	-50.61%	28.86%	-0.25%	-14.83%	-4.65%	18.96%	63.09%	-30.66%	-12.16%	43.29%	1.54%	17.88%	52.14%	-24.38%	12.66%	275.81%	-72.51%	-17.55%	27.51%	3.13%	13.04%	48.39%	23.38%	-25.83%	8.84%	8.26%	3.6%	3.74%	37.18%	3020.0%	-96.5%	1.42%	29.36%
Net Earnings / Revenue	31.64%	18.26%	17.77%	20.33%	21.3%	19.73%	16.77%	36.65%	8.41%	16.33%	11.83%	9.77%	12.14%	12.65%	11.94%	7.64%	8.74%	11.32%	9.17%	9.28%	8.59%	6.3%	9.72%	7.95%	2.21%	8.98%	11.12%	9.25%	10.38%	9.52%	7.12%	5.99%	8.4%	8.42%	7.9%	8.31%	8.75%	7.25%	0.26%	8.0%	8.03%	6.49%
Basic Earnings Per Share	$17.21	$10.35	$10.16	$9.47	$8.53	$7.99	$6.83	$13.76	$2.92	$5.95	$4.66	$4.74	$5.53	$5.75	$4.85
Diluted Earnings Per Share	$17.18	$10.33	$10.14M	$9.43	$8.49	$7.94	$6.78	$13.65	$2.89	$5.88	$4.61	$4.68	$5.44	$5.63	$4.74	$2.949M	$4.155M	$4.646M	$3.171M	$3.082M	$2.638M	$1.772M	$2.354M	$2.128M	$574.1K	$2.088M	$2.486M	$1.907M	$1.833M	$1.643M	$1.088M	$881.6K	$1.199M	$1.112M	$1.036M	$1.009M	$977.2K	$693.3K	$21.37K	$590.9K	$570.9K	$444.9K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments	$2.985B	$1.949B	$3.302B	$5.801B	$6.358B	$2.415B	$2.976B	$3.678B	$1.293B	$206.0M	$337.0M	$450.0M	$454.0M	$421.0M	$374.0M	$488.0M	$104.0M	$41.00M	$35.00M	$56.00M	$146.0M	$76.00M	$254.0M	$66.00M	$94.00M	$62.00M	$62.00M	$53.00M	$79.00M	$87.00M	$100.0M	$238.0M	$117.0M	$104.0M	$74.00M	$50.00M	$36.00M	$97.00M	$117.0M	$46.00M	$59.00M	$45.00M
YoY Change	53.14%	-40.97%	-43.08%	-8.76%	163.27%	-18.85%	-19.09%	184.45%	527.67%	-38.87%	-25.11%	-0.88%	7.84%	12.57%	-23.36%	369.23%	153.66%	17.14%	-37.5%	-61.64%	92.11%	-70.08%	284.85%	-29.79%	51.61%	0.0%	16.98%	-32.91%	-9.2%	-13.0%	-57.98%	103.42%	12.5%	40.54%	48.0%	38.89%	-62.89%	-17.09%	154.35%	-22.03%	31.11%
Cash & Equivalents	$2.980B	$1.617B	$2.711B	$4.469B	$5.253B	$2.249B	$2.791B	$3.274B	$1.293B	$206.0M	$337.0M	$450.0M	$454.0M	$421.0M	$374.0M	$488.0M	$104.0M	$41.00M	$35.00M	$56.00M	$146.0M	$76.00M	$254.0M	$66.00M	$94.00M	$62.00M	$62.00M	$53.00M	$79.00M	$87.00M	$100.0M	$238.0M	$117.0M	$104.0M	$74.00M	$45.00M	$33.00M	$55.00M	$35.00M	$32.00M	$28.00M	$24.00M
Short-Term Investments	$5.000M	$332.0M	$590.7M	$1.332B	$1.105B	$166.0M	$185.0M	$404.0M	$0.00																		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00		$4.000M	$4.000M	$42.00M	$82.00M	$14.00M	$31.00M	$22.00M
Other Short-Term Assets	$790.7M	$607.0M	$672.6M	$341.0M	$505.0M	$400.0M	$256.0M	$323.0M	$1.196B	$161.0M	$343.0M	$315.0M	$251.0M	$456.0M	$282.0M	$382.0M	$401.0M	$330.0M	$87.00M	$258.0M	$53.00M	$279.0M	$214.0M	$227.0M	$246.0M	$321.0M	$176.0M	$184.0M	$140.0M	$162.0M	$123.0M	$88.00M	$92.00M	$92.00M	$79.00M	$55.00M	$39.00M	$37.00M	$37.00M	$23.00M	$9.000M	$8.000M
YoY Change	30.26%	-9.75%	97.24%	-32.48%	26.25%	56.25%	-20.74%	-72.99%	642.86%	-53.06%	8.89%	25.5%	-44.96%	61.7%	-26.18%	-4.74%	21.52%	279.31%	-66.28%	386.79%	-81.0%	30.37%	-5.73%	-7.72%	-23.36%	82.39%	-4.35%	31.43%	-13.58%	31.71%	39.77%	-4.35%	0.0%	16.46%	43.64%	41.03%	5.41%	0.0%	60.87%	155.56%	12.5%
Inventory	$766.0M	$652.0M	$514.2M	$453.9M	$405.0M	$388.0M	$474.0M	$420.0M	$412.0M	$769.0M	$861.0M	$888.0M	$977.0M	$817.0M	$735.0M	$642.0M	$656.0M	$736.0M	$684.0M	$536.0M	$577.0M	$566.0M	$461.0M	$478.0M	$482.0M	$505.0M	$523.0M	$508.0M	$486.0M	$458.0M	$396.0M	$356.0M	$294.0M	$284.0M	$247.0M	$275.0M	$206.0M	$155.0M	$154.0M	$187.0M	$129.0M	$137.0M
Prepaid Expenses
Receivables	$1.822B	$1.914B	$1.794B	$1.696B	$1.331B	$1.325B	$1.207B	$1.174B	$1.146B	$1.406B	$1.486B	$1.544B	$1.545B	$1.362B	$1.482B	$1.363B	$1.575B	$1.513B	$1.550B	$1.453B	$1.455B	$1.189B	$981.0M	$913.0M	$983.0M	$895.0M	$881.0M	$880.0M	$670.0M	$625.0M	$559.0M	$515.0M	$496.0M	$421.0M	$437.0M	$377.0M	$345.0M	$290.0M	$274.0M	$382.0M	$366.0M	$341.0M
Other Receivables	$0.00	$78.00M	$0.00	$84.40M	$86.00M	$90.00M	$170.0M	$281.0M	$270.0M	$252.0M	$268.0M	$242.0M	$188.0M	$134.0M	$160.0M	$123.0M	$114.0M	$239.0M	$256.0M	$112.0M	$185.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$6.363B	$5.201B	$6.283B	$8.376B	$8.685B	$4.618B	$5.082B	$5.877B	$4.317B	$2.794B	$3.295B	$3.439B	$3.416B	$3.190B	$3.034B	$2.998B	$2.848B	$2.858B	$2.613B	$2.415B	$2.417B	$2.110B	$1.909B	$1.685B	$1.805B	$1.782B	$1.642B	$1.624B	$1.375B	$1.332B	$1.178B	$1.196B	$998.0M	$901.0M	$837.0M	$757.0M	$626.0M	$578.0M	$582.0M	$638.0M	$564.0M	$531.0M
YoY Change	22.34%	-17.22%	-24.99%	-3.55%	88.07%	-9.13%	-13.53%	36.14%	54.51%	-15.2%	-4.19%	0.67%	7.08%	5.14%	1.2%	5.27%	-0.35%	9.38%	8.2%	-0.08%	14.55%	10.53%	13.29%	-6.65%	1.29%	8.53%	1.11%	18.11%	3.23%	13.07%	-1.51%	19.84%	10.77%	7.65%	10.57%	20.93%	8.3%	-0.69%	-8.78%	13.12%	6.21%
Property, Plant & Equipment	$24.42B	$18.45B	$14.16B	$13.82B	$12.34B	$10.34B	$9.924B	$8.440B	$8.260B	$8.745B	$9.532B	$8.974B	$8.241B	$7.223B	$7.051B	$6.860B	$6.615B	$6.529B	$6.112B	$5.778B	$5.702B	$5.637B	$5.378B	$5.119B	$5.257B	$5.193B	$4.786B	$4.441B	$3.959B	$3.502B	$2.993B	$2.706B	$2.746B	$2.623B	$2.485B	$2.218B	$2.062B	$1.921B	$1.818B	$1.782B	$1.587B	$1.541B
YoY Change	32.38%	30.26%	2.46%	11.98%	19.38%	4.17%	17.58%	2.18%	-5.55%	-8.26%	6.22%	8.89%	14.09%	2.44%	2.78%	3.7%	1.32%	6.82%	5.78%	1.33%	1.15%	4.82%	5.06%	-2.63%	1.23%	8.5%	7.77%	12.17%	13.05%	17.01%	10.61%	-1.46%	4.69%	5.55%	12.04%	7.57%	7.34%	5.67%	2.02%	12.29%	2.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$4.793B	$4.685B	$3.354B	$1.716B	$1.432B	$1.276B	$1.277B	$1.287B	$1.284B	$1.266B	$1.258B	$1.196B	$1.176B	$1.012B	$1.015B	$888.0M	$838.0M	$778.0M	$728.0M	$664.0M	$630.0M	$554.0M	$484.0M	$500.0M	$467.0M	$560.0M	$380.0M	$577.0M	$834.0M	$657.0M	$622.0M	$609.0M	$501.0M	$467.0M	$412.0M	$338.0M	$255.0M	$167.0M	$144.0M	$119.0M	$116.0M	$91.00M
YoY Change	2.29%	39.69%	95.42%	19.85%	12.23%	-0.08%	-0.78%	0.23%	1.42%	0.64%	5.18%	1.7%	16.21%	-0.3%	14.3%	5.97%	7.71%	6.87%	9.64%	5.4%	13.72%	14.46%	-3.2%	7.07%	-16.61%	47.37%	-34.14%	-30.82%	26.94%	5.63%	2.13%	21.56%	7.28%	13.35%	21.89%	32.55%	52.69%	15.97%	21.01%	2.59%	27.47%
Other Assets	$1.172B	$1.163B	$1.642B	$873.4M	$566.0M	$486.0M	$562.0M	$560.0M	$1.696B	$1.519B	$391.0M	$355.0M	$373.0M	$723.0M	$373.0M	$346.0M	$536.0M	$1.001B	$631.0M	$576.0M	$360.0M	$344.0M	$222.0M	$397.0M		$350.0M	$357.0M	$353.0M	$272.0M	$244.0M	$177.0M	$187.0M	$176.0M	$172.0M	$111.0M	$1.000M	$20.00M	$33.00M	$112.0M	$0.00	$0.00	$0.00
YoY Change	0.73%	-29.16%	87.98%	54.31%	16.46%	-13.52%	0.36%	-66.98%	11.65%	288.49%	10.14%	-4.83%	-48.41%	93.83%	7.8%	-35.45%	-46.45%	58.64%	9.55%	60.0%	4.65%	54.95%	-44.08%			-1.96%	1.13%	29.78%	11.48%	37.85%	-5.35%	6.25%	2.33%	54.95%	11000.0%	-95.0%	-39.39%	-70.54%
Total Long-Term Assets	$33.21B	$26.80B	$20.91B	$18.48B	$16.48B	$14.33B	$14.10B	$12.59B	$13.71B	$14.54B	$14.48B	$14.41B	$13.53B	$11.10B	$10.47B	$10.03B	$9.723B	$9.802B	$8.568B	$7.994B	$7.623B	$7.364B	$6.586B	$6.399B	$6.466B	$6.454B	$5.848B	$5.620B	$5.147B	$4.484B	$3.858B	$3.566B	$3.494B	$3.327B	$3.063B	$2.609B	$2.374B	$2.127B	$2.079B	$1.955B	$1.764B	$1.691B
YoY Change	23.91%	28.18%	13.13%	12.13%	15.07%	1.62%	11.96%	-8.18%	-5.7%	0.39%	0.51%	6.54%	21.84%	6.01%	4.4%	3.17%	-0.81%	14.4%	7.18%	4.87%	3.52%	11.81%	2.92%	-1.04%	0.19%	10.36%	4.06%	9.19%	14.79%	16.23%	8.19%	2.06%	5.02%	8.62%	17.4%	9.9%	11.61%	2.31%	6.34%	10.83%	4.32%
Total Assets	$39.57B	$32.00B	$27.19B	$26.86B	$25.17B	$18.94B	$19.18B	$18.47B	$18.03B	$17.34B	$17.78B	$17.85B	$16.94B	$14.29B	$13.51B	$13.03B	$12.57B	$12.66B	$11.18B	$10.41B	$10.04B	$9.474B	$8.495B	$8.084B	$8.271B	$8.236B	$7.490B	$7.244B	$6.522B	$5.816B	$5.036B	$4.762B	$4.492B	$4.228B	$3.900B	$3.366B	$3.000B	$2.705B	$2.661B	$2.593B	$2.328B	$2.222B
YoY Change
Accounts Payable	$2.926B	$1.213B	$2.772B	$736.8M	$546.0M	$528.0M	$925.0M	$660.0M	$579.0M	$622.0M	$741.0M	$1.026B	$1.005B	$794.0M	$662.0M	$620.0M	$755.0M	$780.0M	$842.0M	$723.0M	$707.0M	$547.0M	$403.0M	$408.0M	$465.0M	$442.0M	$398.0M	$469.0M	$396.0M	$454.0M	$488.0M	$426.0M	$364.0M	$389.0M	$351.0M	$313.0M	$281.0M	$227.0M	$223.0M	$261.0M	$231.0M	$219.0M
YoY Change	141.24%	-56.23%	276.17%	34.95%	3.41%	-42.92%	40.15%	13.99%	-6.91%	-16.06%	-27.78%	2.09%	26.57%	19.94%	6.77%	-17.88%	-3.21%	-7.36%	16.46%	2.26%	29.25%	35.73%	-1.23%	-12.26%	5.2%	11.06%	-15.14%	18.43%	-12.78%	-6.97%	14.55%	17.03%	-6.43%	10.83%	12.14%	11.39%	23.79%	1.79%	-14.56%	12.99%	5.48%
Accrued Expenses	$489.4M	$495.0M	$350.2M	$325.4M	$285.0M	$212.0M	$285.0M	$252.0M	$301.0M	$352.0M	$250.0M	$213.0M	$200.0M	$290.0M	$499.0M	$655.0M	$392.0M	$345.0M	$418.0M	$326.0M	$268.0M	$346.0M	$191.0M	$154.0M	$194.0M	$128.0M	$155.0M	$144.0M	$121.0M	$115.0M	$229.0M	$196.0M	$199.0M	$194.0M	$152.0M	$132.0M	$137.0M	$128.0M	$135.0M	$143.0M	$132.0M	$134.0M
YoY Change	-1.13%	41.35%	7.62%	14.18%	34.43%	-25.61%	13.1%	-16.28%	-14.49%	40.8%	17.37%	6.5%	-31.03%	-41.88%	-23.82%	67.09%	13.62%	-17.46%	28.22%	21.64%	-22.54%	81.15%	24.03%	-20.62%	51.56%	-17.42%	7.64%	19.01%	5.22%	-49.78%	16.84%	-1.51%	2.58%	27.63%	15.15%	-3.65%	7.03%	-5.19%	-5.59%	8.33%	-1.49%
Deferred Revenue
YoY Change
Short-Term Debt	$83.50M	$260.0M	$10.70M	$2.400M	$8.000M	$58.00M	$54.00M	$144.0M	$936.0M	$1.494B	$1.229B	$710.0M	$633.0M	$562.0M	$286.0M	$334.0M	$419.0M	$593.0M	$418.0M	$310.0M	$35.00M	$166.0M	$117.0M	$256.0M	$250.0M	$408.0M	$270.0M	$101.0M	$423.0M	$314.0M	$175.0M	$145.0M	$58.00M	$171.0M	$26.00M	$31.00M	$82.00M	$21.00M	$12.00M	$39.00M	$39.00M	$19.00M
YoY Change	-67.88%	2329.91%	345.83%	-70.0%	-86.21%	7.41%	-62.5%	-84.62%	-37.35%	21.56%	73.1%	12.16%	12.63%	96.5%	-14.37%	-20.29%	-29.34%	41.87%	34.84%	785.71%	-78.92%	41.88%	-54.3%	2.4%	-38.73%	51.11%	167.33%	-76.12%	34.71%	79.43%	20.69%	150.0%	-66.08%	557.69%	-16.13%	-62.2%	290.48%	75.0%	-69.23%	0.0%	105.26%
Long-Term Debt Due	$611.4M	$615.0M	$548.3M	$484.5M	$470.0M	$40.00M	$407.0M	$416.0M	$365.0M	$436.0M	$65.00M	$507.0M	$74.00M	$72.00M	$183.0M	$452.0M	$32.00M	$100.0M	$152.0M	$137.0M	$245.0M	$176.0M	$227.0M	$195.0M	$180.0M	$473.0M	$153.0M	$76.00M	$33.00M	$173.0M	$146.0M	$89.00M	$63.00M	$20.00M	$78.00M	$16.00M	$15.00M	$30.00M	$22.00M	$29.00M	$44.00M	$51.00M
YoY Change	-0.59%	12.16%	13.17%	3.09%	1075.0%	-90.17%	-2.16%	13.97%	-16.28%	570.77%	-87.18%	585.14%	2.78%	-60.66%	-59.51%	1312.5%	-68.0%	-34.21%	10.95%	-44.08%	39.2%	-22.47%	16.41%	8.33%	-61.95%	209.15%	101.32%	130.3%	-80.92%	18.49%	64.04%	41.27%	215.0%	-74.36%	387.5%	6.67%	-50.0%	36.36%	-24.14%	-34.09%	-13.73%
Total Short-Term Liabilities	$4.180B	$3.896B	$3.466B	$2.799B	$2.417B	$1.821B	$2.338B	$2.489B	$3.283B	$3.644B	$2.963B	$3.228B	$2.690B	$2.342B	$2.244B	$2.504B	$2.212B	$2.423B	$2.323B	$1.943B	$1.706B	$1.581B	$1.256B	$1.352B	$1.375B	$1.858B	$1.266B	$1.125B	$1.264B	$1.311B	$1.076B	$874.0M	$719.0M	$785.0M	$623.0M	$494.0M	$517.0M	$433.0M	$402.0M	$493.0M	$479.0M	$456.0M
YoY Change	7.28%	12.41%	23.82%	15.81%	32.73%	-22.11%	-6.07%	-24.19%	-9.91%	22.98%	-8.21%	20.0%	14.86%	4.37%	-10.38%	13.2%	-8.71%	4.3%	19.56%	13.89%	7.91%	25.88%	-7.1%	-1.67%	-26.0%	46.76%	12.53%	-11.0%	-3.59%	21.84%	23.11%	21.56%	-8.41%	26.0%	26.11%	-4.45%	19.4%	7.71%	-18.46%	2.92%	5.04%
Long-Term Debt	$13.53B	$9.431B	$7.086B	$7.150B	$7.430B	$3.227B	$3.352B	$3.402B	$3.910B	$3.949B	$4.825B	$5.056B	$4.584B	$3.928B	$3.660B	$3.716B	$3.515B	$2.975B	$2.280B	$2.047B	$2.114B	$2.169B	$2.041B	$2.028B	$2.616B	$1.962B	$2.274B	$2.292B	$1.739B	$1.194B	$923.0M	$1.016B	$956.0M	$945.0M	$954.0M	$854.0M	$668.0M	$616.0M	$699.0M	$521.0M	$378.0M	$414.0M
YoY Change	43.49%	33.1%	-0.9%	-3.76%	130.24%	-3.73%	-1.47%	-12.99%	-0.99%	-18.16%	-4.57%	10.3%	16.7%	7.32%	-1.51%	5.72%	18.15%	30.48%	11.38%	-3.17%	-2.54%	6.27%	0.64%	-22.48%	33.33%	-13.72%	-0.79%	31.8%	45.64%	29.36%	-9.15%	6.28%	1.16%	-0.94%	11.71%	27.84%	8.44%	-11.87%	34.17%	37.83%	-8.7%
Other Long-Term Liabilities	$2.028B	$1.640B	$1.691B	$1.484B	$1.725B	$1.497B	$1.353B	$1.612B	$2.912B	$1.557B	$1.188B	$1.164B	$1.981B	$1.524B	$1.569B	$1.522B	$1.050B	$968.0M	$642.0M	$858.0M	$820.0M	$1.006B	$827.0M	$702.0M	$561.0M	$596.0M	$571.0M	$450.0M	$364.0M	$435.0M	$407.0M	$280.0M	$216.0M	$180.0M	$183.0M	$573.0M	$543.0M	$509.0M	$461.0M	$416.0M	$351.0M	$302.0M
YoY Change	23.68%	-3.03%	13.98%	-13.98%	15.23%	10.64%	-16.07%	-44.64%	87.03%	31.06%	2.06%	-41.24%	29.99%	-2.87%	3.09%	44.95%	8.47%	50.78%	-25.17%	4.63%	-18.49%	21.64%	17.81%	25.13%	-5.87%	4.38%	26.89%	23.63%	-16.32%	6.88%	45.36%	29.63%	20.0%	-1.64%	-68.06%	5.52%	6.68%	10.41%	10.82%	18.52%	16.23%
Total Long-Term Liabilities	$15.56B	$11.07B	$8.777B	$8.634B	$9.155B	$4.724B	$4.705B	$5.014B	$6.822B	$5.506B	$6.013B	$6.220B	$6.565B	$5.452B	$5.229B	$5.238B	$4.565B	$3.943B	$2.922B	$2.905B	$2.934B	$3.175B	$2.868B	$2.730B	$3.177B	$2.558B	$2.845B	$2.742B	$2.103B	$1.629B	$1.330B	$1.296B	$1.172B	$1.125B	$1.137B	$1.427B	$1.211B	$1.125B	$1.160B	$937.0M	$729.0M	$716.0M
YoY Change	40.56%	26.14%	1.66%	-5.69%	93.8%	0.4%	-6.16%	-26.5%	23.9%	-8.43%	-3.33%	-5.26%	20.41%	4.26%	-0.17%	14.74%	15.77%	34.94%	0.59%	-0.99%	-7.59%	10.7%	5.05%	-14.07%	24.2%	-10.09%	3.76%	30.39%	29.1%	22.48%	2.62%	10.58%	4.18%	-1.06%	-20.32%	17.84%	7.64%	-3.02%	23.8%	28.53%	1.82%
Total Liabilities	$22.54B	$17.69B	$14.05B	$13.32B	$13.09B	$7.889B	$8.321B	$8.381B	$10.95B	$10.09B	$10.41B	$10.81B	$10.47B	$8.495B	$7.959B	$8.237B	$7.541B	$7.164B	$6.257B	$5.863B	$5.596B	$5.691B	$5.035B	$4.978B	$5.449B	$5.274B	$4.822B	$4.596B	$3.948B	$3.418B	$2.830B	$2.660B	$2.394B	$2.386B	$2.211B	$1.921B	$1.727B	$1.559B	$1.561B	$1.430B	$1.209B	$1.172B
YoY Change	27.41%	25.92%	5.47%	1.76%	65.91%	-5.19%	-0.72%	-23.45%	8.56%	-3.14%	-3.65%	3.28%	23.19%	6.73%	-3.38%	9.23%	5.26%	14.5%	6.72%	4.77%	-1.67%	13.03%	1.15%	-8.64%	3.32%	9.37%	4.92%	16.41%	15.51%	20.78%	6.39%	11.11%	0.34%	7.91%	15.1%	11.23%	10.78%	-0.13%	9.16%	18.28%	3.16%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	222.5M shares	222.3M shares	222.0M shares	221.6M shares	221.2M shares	220.3M shares	219.3M shares	218.0M shares	216.4M shares	214.9M shares	212.7M shares	209.7M shares	211.2M shares	213.0M shares	212.2M shares	209.9M shares
Diluted Shares Outstanding	222.8M shares	222.7M shares	222.5M shares	222.5M shares	222.3M shares	221.6M shares	220.8M shares	219.8M shares	218.3M shares	217.3M shares	215.2M shares	212.3M shares	214.7M shares	217.6M shares	217.1M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $72.826 Billion

About Air Products & Chemicals, Inc.

Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. The company is headquartered in Allentown, Pennsylvania. The firm is focused on serving energy, environmental, and emerging markets. Its base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The firm also develops, engineers, builds, owns and operates clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. In addition, the Company provides turbomachinery, membrane systems and cryogenic containers globally. The firm has operations in approximately 50 countries. Its industries include aerospace, analytical labs & research/science, automotive, beverages, bioenergy, biotechnology, cement and lime, chemicals, electronics, food, glass and frit, hydrogen energy, medical, metals and materials processing, metals production, medical and others.

Industry: Industrial Inorganic Chemicals Peers: BBHC, INC. AlumiFuel Power Corp