Air Products and Chemicals, Inc.APDNYSE

Revenue CAGR (5Y)

+6.3%

Margin Trend

improving

Free Cash Flow

($3.8B)

Profitability

Now unprofitable

Metric	Sep 21	Sep 22	Sep 23	Sep 24	Sep 25
Revenue	10,323	12,699↑23.0%	12,600↓0.8%	12,101↓4.0%	12,037↓0.5%
Gross Profit	3,137	3,360↑7.1%	3,767↑12.1%	3,932↑4.4%	3,781↓3.8%
Operating Income	2,281	2,339↑2.5%	2,495↑6.7%	4,466↑79.0%	-877↓119.6%
Net Income	2,099	2,256↑7.5%	2,300↑2.0%	3,828↑66.4%	-395↓110.3%
EBITDA	3,971	4,221↑6.3%	4,418↑4.7%	6,491↑46.9%	1,338↓79.4%
EPS Diluted	9.12	10.08↑10.5%	10.30↑2.2%	17.18↑66.8%	-1.77↓110.3%

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Values in millions except EPS · Ratios shown as percentages

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