TTM
$4.54B
YoY change
-79.4%
5Y CAGR
-18.5%
Peak year (2024)
$6.49B
Cumulative EBITDA
$81.87B
EBITDA history chart for Air Products and Chemicals (APD) from 1985 to 2025
Latest: $1.34B
EBITDA growth chart for Air Products and Chemicals (APD) from 1985 to 2025
Latest: -79.4%
EBITDA history table for Air Products and Chemicals (APD) from 1985 to 2025
| 2025 | $1.34B | -79.4% | −$5.15B | ||
| 2024 | $6.49B | +46.9% | +$2.07B | ||
| 2023 | $4.42B | +4.7% | +$197.30M | ||
| 2022 | $4.22B | +6.3% | +$250.40M | ||
| 2021 | $3.97B | +6.8% | +$252.40M | ||
| 2020 | $3.72B | +5.9% | +$208.80M | ||
| 2019 | $3.51B | +12.6% | +$393.10M | ||
| 2018 | $3.12B | +29.7% | +$713.70M | ||
| 2017 | $2.40B | -4.8% | −$121.90M | ||
| 2016 | $2.52B | +13.3% | +$297.00M | ||
| 2015 | $2.23B | -8.6% | −$209.10M | ||
| 2014 | $2.44B | +1.6% | +$37.30M | ||
| 2013 | $2.40B | +5.4% | +$122.20M | ||
| 2012 | $2.28B | -14.4% | −$381.60M | ||
| 2011 | $2.66B | +11.7% | +$279.30M | ||
| 2010 | $2.38B | +32.3% | +$580.50M | ||
| 2009 | $1.80B | -28.3% | −$711.00M | ||
| 2008 | $2.51B | +13.3% | +$294.20M | ||
| 2007 | $2.22B | +22.2% | +$403.10M | ||
| 2006 | $1.81B | +6.5% | +$110.70M | ||
| 2005 | $1.70B | +0.9% | +$14.50M | ||
| 2004 | $1.69B | +35.1% | +$438.00M | ||
| 2003 | $1.25B | -7.6% | −$102.90M | ||
| 2002 | $1.35B | +2.6% | +$33.80M | ||
| 2001 | $1.32B | -6.3% | −$88.10M | ||
| 2000 | $1.41B | +14.1% | +$174.30M | ||
| 1999 | $1.23B | -6.6% | −$87.40M | ||
| 1998 | $1.32B | +13.7% | +$159.30M | ||
| 1997 | $1.16B | +18.7% | +$182.60M | ||
| 1996 | $977.70M | +2.0% | +$19.10M | ||
| 1995 | $958.60M | +14.3% | +$119.70M | ||
| 1994 | $838.90M | +22.1% | +$151.70M | ||
| 1993 | $687.20M | -15.4% | −$124.70M | ||
| 1992 | $811.90M | +11.4% | +$83.30M | ||
| 1991 | $728.60M | +5.2% | +$36.30M | ||
| 1990 | $692.30M | +8.1% | +$51.60M | ||
| 1989 | $640.70M | +3.2% | +$19.90M | ||
| 1988 | $620.80M | +12.3% | +$67.80M | ||
| 1987 | $553.00M | +14.0% | +$67.80M | ||
| 1986 | $485.20M | +10.2% | +$45.00M | ||
| 1985 | $440.20M | — | — |
- 2025$1.34B-79.4%
- 2024$6.49B+46.9%
- 2023$4.42B+4.7%
- 2022$4.22B+6.3%
- 2021$3.97B+6.8%
- 2020$3.72B+5.9%
- 2019$3.51B+12.6%
- 2018$3.12B+29.7%
- 2017$2.40B-4.8%
- 2016$2.52B+13.3%
- 2015$2.23B-8.6%
- 2014$2.44B+1.6%
- 2013$2.40B+5.4%
- 2012$2.28B-14.4%
- 2011$2.66B+11.7%
- 2010$2.38B+32.3%
- 2009$1.80B-28.3%
- 2008$2.51B+13.3%
- 2007$2.22B+22.2%
- 2006$1.81B+6.5%
- 2005$1.70B+0.9%
- 2004$1.69B+35.1%
- 2003$1.25B-7.6%
- 2002$1.35B+2.6%
- 2001$1.32B-6.3%
- 2000$1.41B+14.1%
- 1999$1.23B-6.6%
- 1998$1.32B+13.7%
- 1997$1.16B+18.7%
- 1996$977.70M+2.0%
- 1995$958.60M+14.3%
- 1994$838.90M+22.1%
- 1993$687.20M-15.4%
- 1992$811.90M+11.4%
- 1991$728.60M+5.2%
- 1990$692.30M+8.1%
- 1989$640.70M+3.2%
- 1988$620.80M+12.3%
- 1987$553.00M+14.0%
- 1986$485.20M+10.2%
- 1985$440.20M—
EBITDA values are taken from Air Products and Chemicals's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Air Products and Chemicals (APD)
According to Air Products and Chemicals's latest reported financial statements, the company's current EBITDA (TTM) is $4.54B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Air Products and Chemicals (APD) EBITDA totalled $1.34B – plunged 79.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Air Products and Chemicals EBITDA compounded at -18.5% per year, with a net decline across the window.
Between 2024 and 2025, Air Products and Chemicals EBITDA plunged 79.4%, falling from $6.49B to $1.34B.
$6.49B stands as the all-time-high annual EBITDA, posted in 2024, against a low of $440.20M during 1985.
Air Products and Chemicals EBITDA by Year
Air Products and Chemicals EBITDA 2025: $1.34B
Air Products and Chemicals EBITDA in 2025 was $1.34B, plunged 79.4% below 2024.
Air Products and Chemicals EBITDA 2024: $6.49B
2024's EBITDA for Air Products and Chemicals came in at $6.49B, surged 46.9% from 2023. This figure represents the highest annual value in the available history.
Air Products and Chemicals EBITDA 2023: $4.42B
Air Products and Chemicals posted EBITDA of $4.42B in 2023, edged up 4.7% from 2022.
Air Products and Chemicals EBITDA 2022: $4.22B
In 2022, Air Products and Chemicals reported EBITDA of $4.22B, grew 6.3% from 2021.
Air Products and Chemicals EBITDA 2021: $3.97B
Air Products and Chemicals EBITDA in 2021 was $3.97B.
See more financial history for Air Products and Chemicals (APD).
Sector peers by EBITDA
Basic Materials peers of Air Products and Chemicals (APD), ranked by their latest EBITDA
| $14.83B | |
| $12.95B | |
| $8.76B | |
| $8.38B | |
| $8.02B | |
| $7.48B | |
| $4.40B | |
| $3.46B |
- $14.83B
- $12.95B
- $8.76B
- $8.38B
- $8.02B
- $7.48B
- $4.40B
- $3.46B
Frequently asked questions
Air Products and Chemicals (APD) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation