Free Cash Flow for Air Products and Chemicals (APD)
Free Cash Flow for Air Products and Chemicals (APD): headline value -$2.81B · YoY +19.5%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
-$2.81B
YoY change
+19.5%
5Y CAGR
N/A
Peak year (2016)
$1.75B
Latest annual
-$3.77B
Free Cash Flow history chart for Air Products and Chemicals (APD) from 1989 to 2025
Free Cash Flow history table for Air Products and Chemicals (APD) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | -$3.77B | +19.5% | ||
| 2024 | -$3.15B | +121.8% | ||
| 2023 | -$1.42B | -567.6% | ||
| 2022 | $303.70M | -65.4% | ||
| 2021 | $877.70M | +16.1% | ||
| 2020 | $755.70M | -22.9% | ||
| 2019 | $980.20M | +0.7% | ||
| 2018 | $973.50M | +84.3% | ||
| 2017 | $528.20M | -69.9% | ||
| 2016 | $1.75B | +113.0% | ||
| 2015 | $823.00M | +63.7% | ||
| 2014 | $502.90M | +1064.1% | ||
| 2013 | $43.20M | -84.4% | ||
| 2012 | $277.70M | -30.8% | ||
| 2011 | $401.50M | -18.3% | ||
| 2010 | $491.50M | +241.8% | ||
| 2009 | $143.80M | -75.8% | ||
| 2008 | $594.50M | +34.4% | ||
| 2007 | $442.40M | +421.1% | ||
| 2006 | $84.90M | -81.0% | ||
| 2005 | $446.30M | +17.3% | ||
| 2004 | $380.40M | -10.1% | ||
| 2003 | $423.10M | -3.0% | ||
| 2002 | $436.30M | +16.1% | ||
| 2001 | $375.70M | -7.5% | ||
| 2000 | $406.30M | +103.2% | ||
| 1999 | $200.00M | -1.4% | ||
| 1998 | $202.80M | +24.3% | ||
| 1997 | $163.10M | -183.6% | ||
| 1996 | -$195.00M | +28.3% | ||
| 1995 | -$152.00M | -208.6% | ||
| 1994 | $139.90M | +49.1% | ||
| 1993 | $93.80M | -45.4% | ||
| 1992 | $171.70M | +52.1% | ||
| 1991 | $112.90M | +88.2% | ||
| 1990 | $60.00M | +92.9% | ||
| 1989 | $31.10M | — |
Free Cash Flow values are taken from Air Products and Chemicals's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual free cash flow for Air Products and Chemicals (APD) came in at -$3.77B – grew 19.5% year-over-year.
Between 2016 and 2025, Air Products and Chemicals free cash flow plunged 314.8%, falling from $1.75B to -$3.77B.
The highest annual free cash flow of $1.75B was reported in 2016. The lowest in the available history was -$3.77B in 2025.
Among 8 Basic Materials peers, Air Products and Chemicals (APD) ranks 9th; the peer median for free cash flow is $3.04B.
Air Products and Chemicals Free Cash Flow by Year
Air Products and Chemicals Free Cash Flow 2025: -$3.77B
Air Products and Chemicals free cash flow in 2025 was -$3.77B, grew 19.5% from 2024. This figure represents the lowest annual value in the available history.
Air Products and Chemicals Free Cash Flow 2024: -$3.15B
Air Products and Chemicals free cash flow in 2024 was -$3.15B, surged 121.8% from 2023.
Air Products and Chemicals Free Cash Flow 2023: -$1.42B
Air Products and Chemicals free cash flow in 2023 was -$1.42B, plunged 567.6% below 2022.
Air Products and Chemicals Free Cash Flow 2022: $303.70M
Air Products and Chemicals free cash flow in 2022 was $303.70M, plunged 65.4% below 2021.
Air Products and Chemicals Free Cash Flow 2021: $877.70M
Air Products and Chemicals free cash flow in 2021 was $877.70M.
See more financial history for Air Products and Chemicals (APD).
Sector peers — Free Cash Flow
Companies in the same sector as Air Products and Chemicals, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Newmont Corporation (NEM) | $7.30B | Basic Materials |
| Linde plc (LIN) | $5.09B | Basic Materials |
| Agnico Eagle Mines Limited (AEM) | $4.26B | Basic Materials |
| Southern Copper Corporation (SCCO) | $3.43B | Basic Materials |
| The Sherwin-Williams Company (SHW) | $2.65B | Basic Materials |
| CRH plc (CRH) | $2.52B | Basic Materials |
| Ecolab Inc. (ECL) | $1.90B | Basic Materials |
| Freeport-McMoRan Inc. (FCX) | $1.12B | Basic Materials |
Frequently asked questions
What is Air Products and Chemicals's free cash flow?
Latest reported free cash flow for Air Products and Chemicals (APD) is -$2.81B (period ending December 31, 2025).
How has Air Products and Chemicals free cash flow changed year-over-year?
Air Products and Chemicals (APD) free cash flow changed +19.5% year-over-year on the latest annual filing.
When did Air Products and Chemicals free cash flow hit its highest annual value?
Air Products and Chemicals free cash flow reached its highest annual value of $1.75B in 2016.
What was Air Products and Chemicals free cash flow in 2024?
Air Products and Chemicals (APD) free cash flow in 2024 was -$3.15B.
What was Air Products and Chemicals free cash flow in 2025?
Air Products and Chemicals (APD) free cash flow in 2025 was -$3.77B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
Explore more
APD Overview
Company profile, financial tools, and key metrics
APD Revenue Counter
Earns $387.12 every second. See per minute, hour, and day.
APD Earnings Counter
Loses −$10.58 per second. See per minute, hour, and day.
APD Economic Scale
Exceeds Somalia, Fed. Rep.'s GDP. Compare with world economies.
APD What If Invested
What if you had invested $1,000? See historical returns from any date.
APD How It Makes Money
Discover visual breakdown of $12.21B in revenue — where it comes from and where it goes.
APD Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
APD Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
APD Daily Price Character
Steady · 48.4% historical win rate (green days). Streaks & record days.
APD Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
APD Stock Split History
8 splits on record. Dates, ratios, and cumulative multiple.
APD Dividend Profile
Yield: 2.37%. Safety: 3/8. See full history.
APD Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
APD Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
