Air Products and Chemicals revenue and financials

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$281.00Change from previous close: +0.55%Absolute change: +$1.55

Close · October 6, 2026

In the fiscal year ended September 2025, Air Products and Chemicals reported revenue of $12.04B (−0.52% year over year). The net loss was $394.5M.

Annual revenue · 2025: $12.04B
  1. $7.5B2016
  2. $8.19B2017
  3. $8.93B2018
  4. $8.92B2019
  5. $8.86B2020
  6. $10.32B2021
  7. $12.7B2022
  8. $12.6B2023
  9. $12.1B2024
  10. $12.04B2025

Fiscal year ending in September. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−0.52%
FY to Sep 2025 vs FY to Sep 2024
Net margin
-3.3%
FY to Sep 2024: 31.6%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
ItemFY to Sep 2025FY to Sep 2024FY to Sep 2023FY to Sep 2022FY to Sep 2021FY to Sep 2020FY to Sep 2019FY to Sep 2018FY to Sep 2018FY to Sep 2017
Total assets41,06039,57532,00327,19326,85925,16918,94319,20519,17818,467
Current assets5,8266,3635,2016,2838,3768,6854,6185,1085,0825,877
Cash and equivalents1,8562,9801,6172,7114,4695,2532,2492,7912,7913,274
Short-term investments0.05.03325911,332—————
Receivables2,3472,1682,1632,0351,655—————
Inventory777766652514454—————
Net property, plant and equipment26,28224,41918,44614,85513,821—————
Goodwill964905862823912892797—789722
Other intangible assets294312335348421—————
Long-term investments5,5344,8994,9863,4341,734—————
Current liabilities4,2194,1803,8963,4662,7992,4171,8212,3652,3382,489
Accounts payable1,4371,4521,2131,121737—————
Long-term debt17,66414,14410,0467,6347,6357,9003,268—3,7583,819
Total debt18,40615,00611,0328,327——————
Total liabilities23,71020,90116,34213,49012,77112,7257,5558,0288,0028,282
Total equity (incl. minority)17,35018,67415,66013,70214,088—————
Retained earnings17,55919,54617,29016,52015,678—————
Minority interest2,3251,6371,347558548—————