Air Products & Chemicals, Inc.
About Air Products & Chemicals, Inc.
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the world's largest supplier of hydrogen and helium. It has a unique portfolio serving customers across industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated roughly $12 billion in revenue in fiscal 2025.
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Financial summary
- Revenue FY2025
- $12.0B
- Net income
- -$394.5M
- Total assets
- $41.1B
- Market cap
- $62.9B
- Gross margin
- 31.4%
- Operating margin
- -7.3%
- Net margin
- -2.9%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $12.0B
- Cost of revenue
- $8.3B
- Gross profit
- $3.8B
- Operating expenses
- $4.7B
- Operating income
- -$877.0M
- Income tax
- -$94.3M
- Net income
- -$354.4M
- EPS (basic)
- $-1.77
- EPS (diluted)
- $-1.77
Balance sheet
- Total assets
- $41.1B
- Current assets
- $5.8B
- Total liabilities
- $23.7B
- Current liabilities
- $4.2B
- Shareholders’ equity
- $17.3B
Cash flow
- Operating cash flow
- $3.3B
- Investing cash flow
- -$7.2B
- Financing cash flow
- $2.8B
- Net cash flow
- -$1.1B
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $62.9B
- EPS (diluted)
- $-1.77
- Dividend yield
- 2.62%
- Shares outstanding
- 227.2M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Nov 13, 1961
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $394.5M in FY2025.
- Revenue grew 17% from FY2021 to FY2025.
- Gross margin of 31.4%, net margin -2.9%.
- Trading 10% below its 52-week high.
- Pays a dividend yielding about 2.62% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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