Net Income for Air Products and Chemicals (APD)
According to Air Products and Chemicals's latest reported financial statements, the company's current net income (TTM) is -$333.70M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
-$333.70M
YoY change
-110.3%
5Y CAGR
N/A
Peak year (2024)
$3.83B
Cumulative net income
$35.83B
Net Income history chart for Air Products and Chemicals (APD) from 1985 to 2025
Net Income history table for Air Products and Chemicals (APD) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | -$394.50M | -110.3% | ||
| 2024 | $3.83B | +66.4% | ||
| 2023 | $2.30B | +2.0% | ||
| 2022 | $2.26B | +7.5% | ||
| 2021 | $2.10B | +11.3% | ||
| 2020 | $1.89B | +7.2% | ||
| 2019 | $1.76B | +17.5% | ||
| 2018 | $1.50B | -50.1% | ||
| 2017 | $3.00B | +375.4% | ||
| 2016 | $631.10M | -50.6% | ||
| 2015 | $1.28B | +28.9% | ||
| 2014 | $991.70M | -0.3% | ||
| 2013 | $994.20M | -14.8% | ||
| 2012 | $1.17B | -4.6% | ||
| 2011 | $1.22B | +19.0% | ||
| 2010 | $1.03B | +63.0% | ||
| 2009 | $631.30M | -30.6% | ||
| 2008 | $909.70M | -12.2% | ||
| 2007 | $1.04B | +43.2% | ||
| 2006 | $723.40M | +1.6% | ||
| 2005 | $711.70M | +17.8% | ||
| 2004 | $604.10M | +52.1% | ||
| 2003 | $397.30M | -24.4% | ||
| 2002 | $525.40M | +12.8% | ||
| 2001 | $465.60M | +274.9% | ||
| 2000 | $124.20M | -72.4% | ||
| 1999 | $450.50M | -17.6% | ||
| 1998 | $546.80M | +27.4% | ||
| 1997 | $429.30M | +3.2% | ||
| 1996 | $416.00M | +13.0% | ||
| 1995 | $368.00M | +48.5% | ||
| 1994 | $247.80M | +23.3% | ||
| 1993 | $200.90M | -25.9% | ||
| 1992 | $271.00M | +8.9% | ||
| 1991 | $248.90M | +8.3% | ||
| 1990 | $229.90M | +3.5% | ||
| 1989 | $222.10M | +3.9% | ||
| 1988 | $213.70M | +33.8% | ||
| 1987 | $159.70M | +3297.9% | ||
| 1986 | $4.70M | -96.7% | ||
| 1985 | $143.50M | — |
Net Income 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 net income of -$394.50M – plunged 110.3% year-over-year.
Air Products and Chemicals net income plunged from $3.83B in 2024 to -$394.50M in 2025, a 110.3% drawdown.
The highest annual net income of $3.83B was reported in 2024. The lowest in the available history was -$394.50M in 2025.
Air Products and Chemicals (APD) sits 9th of 8 Basic Materials peers we track on this metric, against a peer median of $3.75B.
Air Products and Chemicals Net Income by Year
Air Products and Chemicals Net Income 2025: -$394.50M
Air Products and Chemicals net income in 2025 was -$394.50M, plunged 110.3% below 2024. This figure represents the lowest annual value in the available history.
Air Products and Chemicals Net Income 2024: $3.83B
Air Products and Chemicals net income in 2024 was $3.83B, surged 66.4% from 2023. This figure represents the highest annual value in the available history.
Air Products and Chemicals Net Income 2023: $2.30B
Air Products and Chemicals net income in 2023 was $2.30B, edged up 2.0% from 2022.
Air Products and Chemicals Net Income 2022: $2.26B
Air Products and Chemicals net income in 2022 was $2.26B, grew 7.5% from 2021.
Air Products and Chemicals Net Income 2021: $2.10B
Air Products and Chemicals net income in 2021 was $2.10B.
See more financial history for Air Products and Chemicals (APD).
Sector peers — Net Income
Companies in the same sector as Air Products and Chemicals, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Newmont Corporation (NEM) | $7.08B | Basic Materials |
| Linde plc (LIN) | $6.90B | Basic Materials |
| Agnico Eagle Mines Limited (AEM) | $4.46B | Basic Materials |
| Southern Copper Corporation (SCCO) | $4.33B | Basic Materials |
| CRH plc (CRH) | $3.17B | Basic Materials |
| The Sherwin-Williams Company (SHW) | $2.57B | Basic Materials |
| Freeport-McMoRan Inc. (FCX) | $2.20B | Basic Materials |
| Ecolab Inc. (ECL) | $2.08B | Basic Materials |
Frequently asked questions
What is Air Products and Chemicals's net income?
- Latest reported net income for Air Products and Chemicals (APD) is -$333.70M (period ending December 31, 2025).
How has Air Products and Chemicals net income changed year-over-year?
- Air Products and Chemicals (APD) net income changed -110.3% year-over-year on the latest annual filing.
When did Air Products and Chemicals net income hit its highest annual value?
- Air Products and Chemicals net income reached its highest annual value of $3.83B in 2024.
What was Air Products and Chemicals net income in 2024?
- Air Products and Chemicals (APD) net income in 2024 was $3.83B.
What was Air Products and Chemicals net income in 2025?
- Air Products and Chemicals (APD) net income in 2025 was -$394.50M.
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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