Air Products & Chemicals, Inc.
Company Stats
- Market Cap
- $62.0B
- as of Sep 30, 2026
- Enterprise Value
- $78.1B
- Shares Outstanding
- 222.7M
- Free Float
- 95.0%
Income Statement
- Revenue
- $12.0B
- Operating Income
- -$877.0M
- Net Income
- -$394.5M
- EBITDA
- $687.2M
- Revenue Growth, 3Y
- -1.8%
- FCF Margin, 3Y Avg
- -22.9%
- FCF Margin, Worst Year
- -31.3%
Cash Flow
- Free Cash Flow
- -$3.8B
- FCF Yield
- -6.1%
- Owner FCF Yield
- -6.2%
Balance Sheet
- Cash & Equivalents
- $1.9B
- Total Debt
- $18.0B
- Net Debt
- $16.1B
- Net Debt / EBITDA
- 23.49x
- EV / EBITDA
- 113.65x
Returns & Capital
- Dividends Paid
- $1.6B
- Dividend Yield
- 2.6%
- SBC, 3Y Avg
- $66.0M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $12.0B | -$3.8B | -31.3% |
| FY2024 | $12.1B | -$3.1B | -26.0% |
| FY2023 | $12.6B | -$1.4B | -11.3% |
| FY2022 | $12.7B | $244.1M | 1.9% |
| FY2021 | $10.3B | $871.0M | 8.4% |
Annual filing data through FY ended September 30, 2025; shares and float as of October 15, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
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