Latest headcount
21,300
YoY change
-7.4%
Headcount CAGR
+0.8%
Revenue / employee
$565K
Employee count history for Air Products and Chemicals
| Fiscal year | Employees |
|---|---|
| 2001 | 17,800 |
| 2002 | 17,200 |
| 2003 | 18,500 |
| 2004 | 19,900 |
| 2005 | 20,200 |
| 2006 | 20,700 |
| 2007 | 22,100 |
| 2008 | 21,100 |
| 2009 | 18,900 |
| 2010 | 18,300 |
| 2011 | 18,900 |
| 2012 | 21,300 |
| 2013 | 21,600 |
| 2014 | 21,200 |
| 2015 | 19,700 |
| 2016 | 18,600 |
| 2017 | 15,300 |
| 2018 | 16,300 |
| 2019 | 17,700 |
| 2020 | 19,275 |
| 2021 | 20,875 |
| 2022 | 21,900 |
| 2023 | 23,000 |
| 2024 | 23,000 |
| 2025 | 21,300 |
Revenue per employee for Air Products and Chemicals
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 2001 | $321K |
| 2002 | $314K |
| 2003 | $340K |
| 2004 | $372K |
| 2005 | $403K |
| 2006 | $428K |
| 2007 | $414K |
| 2008 | $494K |
| 2009 | $437K |
| 2010 | $493K |
| 2011 | $533K |
| 2012 | $451K |
| 2013 | $471K |
| 2014 | $492K |
| 2015 | $397K |
| 2016 | $403K |
| 2017 | $535K |
| 2018 | $548K |
| 2019 | $504K |
| 2020 | $459K |
| 2021 | $495K |
| 2022 | $580K |
| 2023 | $548K |
| 2024 | $526K |
| 2025 | $565K |
Earnings per employee for Air Products and Chemicals
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 2001 | $26.2K |
| 2002 | $30.5K |
| 2003 | $21.5K |
| 2004 | $30.4K |
| 2005 | $35.2K |
| 2006 | $34.9K |
| 2007 | $46.9K |
| 2008 | $43.1K |
| 2009 | $33.4K |
| 2010 | $56.2K |
| 2011 | $64.8K |
| 2012 | $54.8K |
| 2013 | $46K |
| 2014 | $46.8K |
| 2015 | $64.9K |
| 2016 | $33.9K |
| 2017 | $196K |
| 2018 | $91.9K |
| 2019 | $99.4K |
| 2020 | $97.9K |
| 2021 | $101K |
| 2022 | $103K |
| 2023 | $100K |
| 2024 | $166K |
| 2025 | -$18.5K |
Employee count history for Air Products and Chemicals (APD)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 202521,300-7.4%
- 202423,0000.0%
- 202323,000+5.0%
- 202221,900+4.9%
- 202120,875+8.3%
- 202019,275+8.9%
- 201917,700+8.6%
- 201816,300+6.5%
- 201715,300-17.7%
- 201618,600-5.6%
- 201519,700-7.1%
- 201421,200-1.9%
- 201321,600+1.4%
- 201221,300+12.7%
- 201118,900+3.3%
- 201018,300-3.2%
- 200918,900-10.4%
- 200821,100-4.5%
- 200722,100+6.8%
- 200620,700+2.5%
- 200520,200+1.5%
- 200419,900+7.6%
- 200318,500+7.6%
- 200217,200-3.4%
- 200117,800—
- 200017,500—
About Air Products and Chemicals's employee count
Air Products and Chemicals (APD) employed 21,300 people in fiscal year 2025, based on its most recent annual report. That headcount shrank by -1,700 (-7.4%) from 23,000 a year earlier.
Across the 2001–2025 period, the company's reported workforce went from 17,800 to 21,300 employees — a compound annual growth rate (CAGR) of +0.8% per year.
Air Products and Chemicals generated about $565K of revenue and -$18.5K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
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