TTM
$3.99B
YoY change
-3.8%
5Y CAGR
+4.8%
Peak year (2024)
$3.93B
Cumulative gross profit
$91.17B
Gross Profit history chart for Air Products and Chemicals (APD) from 1985 to 2025
Latest: $3.78B
Gross Profit growth chart for Air Products and Chemicals (APD) from 1985 to 2025
Latest: -3.8%
Gross Profit history table for Air Products and Chemicals (APD) from 1985 to 2025
| 2025 | $3.78B | -3.8% | −$150.60M | ||
| 2024 | $3.93B | +4.4% | +$164.90M | ||
| 2023 | $3.77B | +12.1% | +$406.90M | ||
| 2022 | $3.36B | +7.1% | +$223.20M | ||
| 2021 | $3.14B | +4.6% | +$138.70M | ||
| 2020 | $3.00B | +1.9% | +$54.80M | ||
| 2019 | $2.94B | +7.4% | +$202.70M | ||
| 2018 | $2.74B | +12.6% | +$306.50M | ||
| 2017 | $2.43B | +4.6% | +$107.80M | ||
| 2016 | $2.33B | +4.5% | +$100.30M | ||
| 2015 | $2.23B | -20.8% | −$583.00M | ||
| 2014 | $2.81B | +3.7% | +$100.80M | ||
| 2013 | $2.71B | +5.8% | +$148.50M | ||
| 2012 | $2.56B | -7.5% | −$206.90M | ||
| 2011 | $2.77B | +9.7% | +$243.70M | ||
| 2010 | $2.52B | +14.0% | +$308.90M | ||
| 2009 | $2.21B | -18.6% | −$507.30M | ||
| 2008 | $2.72B | +11.1% | +$272.10M | ||
| 2007 | $2.45B | +6.9% | +$157.20M | ||
| 2006 | $2.29B | +7.5% | +$159.90M | ||
| 2005 | $2.13B | +9.5% | +$184.40M | ||
| 2004 | $1.95B | +15.7% | +$263.60M | ||
| 2003 | $1.68B | +7.0% | +$110.70M | ||
| 2002 | $1.57B | -2.5% | −$41.00M | ||
| 2001 | $1.61B | -1.6% | −$27.00M | ||
| 2000 | $1.64B | +8.1% | +$122.80M | ||
| 1999 | $1.52B | -27.4% | −$572.70M | ||
| 1998 | $2.09B | +10.0% | +$189.80M | ||
| 1997 | $1.90B | +18.9% | +$301.60M | ||
| 1996 | $1.60B | +3.4% | +$52.00M | ||
| 1995 | $1.55B | +12.7% | +$174.20M | ||
| 1994 | $1.37B | -16.4% | −$269.70M | ||
| 1993 | $1.64B | +1.4% | +$22.70M | ||
| 1992 | $1.62B | +8.4% | +$125.60M | ||
| 1991 | $1.50B | +5.1% | +$72.40M | ||
| 1990 | $1.42B | +7.6% | +$100.70M | ||
| 1989 | $1.32B | +6.8% | +$84.10M | ||
| 1988 | $1.24B | +12.6% | +$138.30M | ||
| 1987 | $1.10B | +3.3% | +$34.90M | ||
| 1986 | $1.06B | +10.4% | +$100.50M | ||
| 1985 | $964.30M | — | — |
- 2025$3.78B-3.8%
- 2024$3.93B+4.4%
- 2023$3.77B+12.1%
- 2022$3.36B+7.1%
- 2021$3.14B+4.6%
- 2020$3.00B+1.9%
- 2019$2.94B+7.4%
- 2018$2.74B+12.6%
- 2017$2.43B+4.6%
- 2016$2.33B+4.5%
- 2015$2.23B-20.8%
- 2014$2.81B+3.7%
- 2013$2.71B+5.8%
- 2012$2.56B-7.5%
- 2011$2.77B+9.7%
- 2010$2.52B+14.0%
- 2009$2.21B-18.6%
- 2008$2.72B+11.1%
- 2007$2.45B+6.9%
- 2006$2.29B+7.5%
- 2005$2.13B+9.5%
- 2004$1.95B+15.7%
- 2003$1.68B+7.0%
- 2002$1.57B-2.5%
- 2001$1.61B-1.6%
- 2000$1.64B+8.1%
- 1999$1.52B-27.4%
- 1998$2.09B+10.0%
- 1997$1.90B+18.9%
- 1996$1.60B+3.4%
- 1995$1.55B+12.7%
- 1994$1.37B-16.4%
- 1993$1.64B+1.4%
- 1992$1.62B+8.4%
- 1991$1.50B+5.1%
- 1990$1.42B+7.6%
- 1989$1.32B+6.8%
- 1988$1.24B+12.6%
- 1987$1.10B+3.3%
- 1986$1.06B+10.4%
- 1985$964.30M—
Gross Profit 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 Gross Profit at Air Products and Chemicals (APD)
According to Air Products and Chemicals's latest reported financial statements, the company's current gross profit (TTM) is $3.99B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Air Products and Chemicals (APD) reported gross profit of $3.78B – edged down 3.8% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Air Products and Chemicals gross profit compounded at +4.8% per year, with mixed annual results across the window.
Air Products and Chemicals gross profit peaked at $3.93B in 2024; the latest annual figure is $3.78B in 2025 (3.8% below peak).
$3.93B stands as the all-time-high annual gross profit, posted in 2024, against a low of $964.30M during 1985.
Air Products and Chemicals Gross Profit by Year
Air Products and Chemicals Gross Profit 2025: $3.78B
Air Products and Chemicals gross profit in 2025 was $3.78B, edged down 3.8% below 2024.
Air Products and Chemicals Gross Profit 2024: $3.93B
2024's gross profit for Air Products and Chemicals came in at $3.93B, edged up 4.4% from 2023. This figure represents the highest annual value in the available history.
Air Products and Chemicals Gross Profit 2023: $3.77B
Air Products and Chemicals posted gross profit of $3.77B in 2023, grew 12.1% from 2022.
Air Products and Chemicals Gross Profit 2022: $3.36B
In 2022, Air Products and Chemicals reported gross profit of $3.36B, grew 7.1% from 2021.
Air Products and Chemicals Gross Profit 2021: $3.14B
Air Products and Chemicals gross profit in 2021 was $3.14B.
See more financial history for Air Products and Chemicals (APD).
Sector peers by Gross Profit
Basic Materials peers of Air Products and Chemicals (APD), ranked by their latest gross profit
| $14.73B | |
| $13.53B | |
| $11.54B | |
| $11.00B | |
| $7.61B | |
| $7.16B | |
| $6.95B | |
| $6.92B |
- $14.73B
- $13.53B
- $11.54B
- $11.00B
- $7.61B
- $7.16B
- $6.95B
- $6.92B
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