Air Products and Chemicals, Inc.
APDFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
9/30/2025
Revenue
12,037
Cost of Revenue
8,256
Gross Profit
3,781
Gross Margin
31.4%
Operating Income
-877
Operating Margin
-7.3%
Net Income
-395
Net Margin
-3.3%
EPS (Basic)
$-1.77
EPS (Diluted)
$-1.77
EBITDA
1,338
EBITDA Margin
11.1%
2024
9/30/2024
Revenue
12,101
Cost of Revenue
8,169
Gross Profit
3,932
Gross Margin
32.5%
Operating Income
4,466
Operating Margin
36.9%
Net Income
3,828
Net Margin
31.6%
EPS (Basic)
$17.21
EPS (Diluted)
$17.18
EBITDA
6,491
EBITDA Margin
53.6%
2023
9/30/2023
Revenue
12,600
Cost of Revenue
8,833
Gross Profit
3,767
Gross Margin
29.9%
Operating Income
2,495
Operating Margin
19.8%
Net Income
2,300
Net Margin
18.3%
EPS (Basic)
$10.31
EPS (Diluted)
$10.30
EBITDA
4,418
EBITDA Margin
35.1%
2022
9/30/2022
Revenue
12,699
Cost of Revenue
9,339
Gross Profit
3,360
Gross Margin
26.5%
Operating Income
2,339
Operating Margin
18.4%
Net Income
2,256
Net Margin
17.8%
EPS (Basic)
$10.11
EPS (Diluted)
$10.08
EBITDA
4,221
EBITDA Margin
33.2%
2021
9/30/2021
Revenue
10,323
Cost of Revenue
7,186
Gross Profit
3,137
Gross Margin
30.4%
Operating Income
2,281
Operating Margin
22.1%
Net Income
2,099
Net Margin
20.3%
EPS (Basic)
$9.16
EPS (Diluted)
$9.12
EBITDA
3,971
EBITDA Margin
38.5%