State Ledger
Company profile

Air Products & Chemicals, Inc. CIK 2969

Ticker
APD (NYSE)
Industry
Industrial Inorganic Chemicals
Headquarters
Allentown, PA 18106-5500
Fiscal year end
2025 (FY)
Market Data
Close
$283.79
Change
+$2.54
Change %
0.90%
Volume
29,744

APD · trading date Oct 12, 2026 · previous close $281.26 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$12.04B
Net income
-$394.50M
Total assets
$41.06B
Total liabilities
$23.71B
Stockholders' equity
$15.02B
Cash & equivalents
$1.86B
Operating income
-$877.00M
Operating cash flow
$3.26B
Capital expenditures
$7.02B

Fiscal year 2025, via 10-K filed 2025-11-20. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-7.3%
Net margin
-3.3%
Free cash flow
-$3.77B
Free cash flow margin
-31.3%
Liabilities / assets
57.7%
Equity / assets
36.6%
CapEx / revenue
58.3%
Operating cash flow / net income
-8.26×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $12.04B -$394.50M $41.06B $23.71B $15.02B
2024 $12.10B $3.83B $39.57B $20.90B $17.04B
2023 $12.60B $2.30B $32.00B $16.34B $14.31B
2022 $12.70B $2.26B $27.19B $13.49B $13.14B
2021 $10.32B $2.10B $26.86B $12.77B $13.54B
Company Details
SIC code
2810
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-11
Financials filed via
Form 10-K
filed 2025-11-20

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Allentown, PA 18106-5500
1940 AIR PRODUCTS BLVD.
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:51 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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