APDNYSEIndustrial Inorganic ChemicalsFiscal year ends September 30

Air Products & Chemicals, Inc.

Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026

$298.65−0.94 (-0.31%)

Close on Oct 19, 2026

Market cap: $66.54B
P/E (TTM): –
Dividend yield: 2.39%

Air Products & Chemicals, Inc. cash flow statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-09-30	FY 2024 2024-09-30	FY 2023 2023-09-30	FY 2022 2022-09-30	FY 2021 2021-09-30	FY 2020 2020-09-30	FY 2019 2019-09-30	FY 2018 2018-09-30	FY 2017 2017-09-30	FY 2016 2016-09-30	FY 2015 2015-09-30	FY 2014 2014-09-30	FY 2013 2013-09-30	FY 2012 2012-09-30	FY 2011 2011-09-30	FY 2010 2010-09-30	FY 2009 2009-09-30	FY 2008 2008-09-30	FY 2007 2007-09-30
Depreciation & Amortization	1,564	1,451	1,358	1,338	1,321	1,185	1,083	971	866	855	859	957	907	841	834	827	840	869	790
Stock-Based Compensation	76	62	60	48	45	54	41	39	40	31	40	44	44	44	45	49	60	61	71
Deferred Income Taxes	-555	-69	-25	32	94	165	58	-55	-38	62	9.40	126	13	61	187	89	-52	37	14
Other Non-Cash Items	–	–	–	–	–	–	–	–	–	-155	-48	-61	76	-125	-68	-10	3.40	–	–
Change in Accounts Receivable	-36	-111	131	-475	-131	43	-69	-43	-74	-45	-41	-2.70	4.80	-55	-54	-105	159	97	0.20
Change in Inventory	-36	-138	-129	-94	-47	-5.20	-3.00	-64	6.40	32	38	-24	75	1.30	-108	-63	-18	35	6.00
Change in Accounts Payable	-224	-339	-213	533	188	-32	-42	-278	164	60	135	-238	-130	250	-30	-281	-283	36	-220
Operating Cash Flow	3,257	3,647	3,206	3,171	3,335	3,265	2,970	2,547	2,528	2,259	2,047	2,190	1,553	1,765	1,710	1,485	1,329	1,659	1,500
Capital Expenditures	-7,023	-6,797	-4,626	-2,927	-2,464	-2,509	-1,990	-1,568	-1,040	-908	-1,162	-1,363	-1,524	-1,521	-1,309	-989	-1,179	-1,085	-1,013
Acquisitions	-60	0	0	-65	-11	-183	-123	-345	-8.20	0	-35	0	-225	-863	-11	-37	-33	-72	-539
Divestitures	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	51	423	0
Purchase of Investments	-118	-141	-640	-1,638	-2,101	-2,866	-172	-530	-2,693	0	0	–	–	–	–	–	–	–	–
Sale & Maturity of Investments	–	–	–	2,377	1,875	1,938	191	748	2,291	0	0	–	0	0	95	0	–	–	–
Other Investing Activities	115	72	4.80	7.00	5.80	3.90	-14	5.50	3.40	-1.70	-0.80	-1.40	-2.00	-4.00	0	0	0	-20	-43
Investing Cash Flow	-7,169	-4,919	-5,916	-3,857	-2,733	-3,560	-2,113	-1,642	-1,412	-865	-1,147	-1,317	-1,697	-2,435	-1,170	-1,014	-1,040	-920	-1,483
Dividends Paid	-1,584	-1,565	-1,497	-1,383	-1,257	-1,104	-994	-898	-788	-721	-678	-628	-566	-515	-457	-399	-373	-349	-312
Share Repurchases	–	–	–	–	–	–	–	–	–	–	0	0	-462	-53	-649	0	0	-793	-575
Debt Issued	4,387	4,678	3,516	766	179	4,896	0	0.50	2.40	387	340	463	927	900	410	226	611	580	856
Debt Repaid	-430	-486	-615	-400	-463	-407	-429	-419	-484	-480	-699	-609	-438	-491	-187	-436	-83	-96	-429
Short-Term Debt Issued (Repaid), Net	-75	-290	268	18	1.00	-55	3.90	-79	-799	-144	285	149	438	9.80	234	-74	-123	–	–
Other Financing Activities	-91	-133	-206	-37	-23	-97	-20	-42	-41	-43	-52	-47	-35	-27	-32	-8.20	-6.50	20	–
Financing Cash Flow	2,795	2,615	1,610	-1,001	-1,421	3,285	-1,371	-1,360	-2,041	-860	-960	-504	115	-78	-485	-579	95	-678	-15
Foreign Exchange Rate Adjustments	-7.00	20	6.50	-130	28	15	-29	-34	13	7.50	-23	-11	11	-19	-8.30	-0.10	–	–	–
Net Change in Cash	-1,124	1,363	-1,094	-1,758	-784	3,004	-543	-482	1,943	1,295	-130	-114	-4.00	32	48	-114	385	63	9.50
Free Cash Flow	-3,766	-3,150	-1,421	244	871	756	980	979	1,489	1,351	885	827	29	244	401	496	150	574	487
Income Taxes Paid	941	616	645	369	384	380	324	372	1,349	441	393	161	326	256	160	191	125	237	–
Interest Paid	192	198	132	129	150	67	156	123	126	121	97	132	136	128	117	127	128	160	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 32.1%
Operating margin: -4.7%
Net margin: -0.4%
Return on equity, FY2025: -2.5%

Financial strength

Current ratio: 1.08
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 21.4%

Valuation

P/E ratio: –
Price to sales: 5.28
Price to book: 4.79
Dividend yield: 2.39%