Gross Profit for Air Products and Chemicals (APD)
According to Air Products and Chemicals's latest reported financial statements, the company's current gross profit (TTM) is $3.86B USD. 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 .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$3.86B
YoY change
-3.8%
5Y CAGR
+4.8%
Peak year (2024)
$3.93B
Cumulative gross profit
$89.19B
Gross Profit history chart for Air Products and Chemicals (APD) from 1985 to 2025
Gross Profit history table for Air Products and Chemicals (APD) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 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 (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
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 the latest reading among the more recent periods of the dataset.
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 (APD) sits 9th of 8 Basic Materials peers we track on this metric, against a peer median of $9.30B.
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
Air Products and Chemicals gross profit in 2024 was $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 gross profit in 2023 was $3.77B, grew 12.1% from 2022.
Air Products and Chemicals Gross Profit 2022: $3.36B
Air Products and Chemicals gross profit in 2022 was $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 — Gross Profit
Companies in the same sector as Air Products and Chemicals, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Linde plc (LIN) | $14.73B | Basic Materials |
| The Sherwin-Williams Company (SHW) | $11.54B | Basic Materials |
| CRH plc (CRH) | $11.51B | Basic Materials |
| Newmont Corporation (NEM) | $11.00B | Basic Materials |
| Southern Copper Corporation (SCCO) | $7.61B | Basic Materials |
| Ecolab Inc. (ECL) | $7.16B | Basic Materials |
| Freeport-McMoRan Inc. (FCX) | $6.95B | Basic Materials |
| Agnico Eagle Mines Limited (AEM) | $6.92B | Basic Materials |
Frequently asked questions
What is Air Products and Chemicals's gross profit?
- Latest reported gross profit for Air Products and Chemicals (APD) is $3.86B (period ending December 31, 2025).
How has Air Products and Chemicals gross profit changed year-over-year?
- Air Products and Chemicals (APD) gross profit changed -3.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Air Products and Chemicals gross profit?
- Air Products and Chemicals (APD) gross profit compound annual growth rate is +4.8% over the most recent 5 years available.
When did Air Products and Chemicals gross profit hit its highest annual value?
- Air Products and Chemicals gross profit reached its highest annual value of $3.93B in 2024.
What was Air Products and Chemicals gross profit in 2024?
- Air Products and Chemicals (APD) gross profit in 2024 was $3.93B.
What was Air Products and Chemicals gross profit in 2025?
- Air Products and Chemicals (APD) gross profit in 2025 was $3.78B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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