TTM
$2.29B
YoY change
-119.6%
5Y CAGR
—
Peak year (2024)
$4.47B
Cumulative operating income
$46.32B
Operating Income history chart for Air Products and Chemicals (APD) from 1985 to 2025
Latest: −$877.00M
Operating Income growth chart for Air Products and Chemicals (APD) from 1985 to 2025
Latest: -119.6%
Operating Income history table for Air Products and Chemicals (APD) from 1985 to 2025
| 2025 | −$877.00M | -119.6% | −$5.34B | ||
| 2024 | $4.47B | +79.0% | +$1.97B | ||
| 2023 | $2.49B | +6.7% | +$155.80M | ||
| 2022 | $2.34B | +2.5% | +$57.40M | ||
| 2021 | $2.28B | +2.0% | +$43.80M | ||
| 2020 | $2.24B | +4.3% | +$93.20M | ||
| 2019 | $2.14B | +9.1% | +$178.80M | ||
| 2018 | $1.97B | +36.5% | +$525.60M | ||
| 2017 | $1.44B | -6.2% | −$95.10M | ||
| 2016 | $1.54B | +24.5% | +$301.90M | ||
| 2015 | $1.23B | -7.9% | −$105.90M | ||
| 2014 | $1.34B | +1.1% | +$14.70M | ||
| 2013 | $1.32B | +3.3% | +$42.00M | ||
| 2012 | $1.28B | -20.9% | −$339.80M | ||
| 2011 | $1.62B | +16.8% | +$233.20M | ||
| 2010 | $1.39B | +64.1% | +$542.70M | ||
| 2009 | $846.30M | -43.4% | −$649.50M | ||
| 2008 | $1.50B | +8.7% | +$120.20M | ||
| 2007 | $1.38B | +30.3% | +$320.00M | ||
| 2006 | $1.06B | +6.0% | +$60.10M | ||
| 2005 | $995.50M | +13.2% | +$115.90M | ||
| 2004 | $879.60M | +48.0% | +$285.10M | ||
| 2003 | $594.50M | -21.9% | −$166.60M | ||
| 2002 | $761.10M | +2.1% | +$15.70M | ||
| 2001 | $745.40M | -10.3% | −$85.40M | ||
| 2000 | $830.80M | +17.8% | +$125.80M | ||
| 1999 | $705.00M | -15.1% | −$125.20M | ||
| 1998 | $830.20M | +18.4% | +$129.00M | ||
| 1997 | $701.20M | +18.6% | +$110.20M | ||
| 1996 | $591.00M | +2.5% | +$14.60M | ||
| 1995 | $576.40M | +18.6% | +$90.30M | ||
| 1994 | $486.10M | +42.3% | +$144.60M | ||
| 1993 | $341.50M | -27.6% | −$130.20M | ||
| 1992 | $471.70M | +15.2% | +$62.20M | ||
| 1991 | $409.50M | +5.2% | +$20.40M | ||
| 1990 | $389.10M | +8.2% | +$29.60M | ||
| 1989 | $359.50M | -1.0% | −$3.70M | ||
| 1988 | $363.20M | +17.2% | +$53.20M | ||
| 1987 | $310.00M | +20.9% | +$53.60M | ||
| 1986 | $256.40M | +5.5% | +$13.40M | ||
| 1985 | $243.00M | — | — |
- 2025−$877.00M-119.6%
- 2024$4.47B+79.0%
- 2023$2.49B+6.7%
- 2022$2.34B+2.5%
- 2021$2.28B+2.0%
- 2020$2.24B+4.3%
- 2019$2.14B+9.1%
- 2018$1.97B+36.5%
- 2017$1.44B-6.2%
- 2016$1.54B+24.5%
- 2015$1.23B-7.9%
- 2014$1.34B+1.1%
- 2013$1.32B+3.3%
- 2012$1.28B-20.9%
- 2011$1.62B+16.8%
- 2010$1.39B+64.1%
- 2009$846.30M-43.4%
- 2008$1.50B+8.7%
- 2007$1.38B+30.3%
- 2006$1.06B+6.0%
- 2005$995.50M+13.2%
- 2004$879.60M+48.0%
- 2003$594.50M-21.9%
- 2002$761.10M+2.1%
- 2001$745.40M-10.3%
- 2000$830.80M+17.8%
- 1999$705.00M-15.1%
- 1998$830.20M+18.4%
- 1997$701.20M+18.6%
- 1996$591.00M+2.5%
- 1995$576.40M+18.6%
- 1994$486.10M+42.3%
- 1993$341.50M-27.6%
- 1992$471.70M+15.2%
- 1991$409.50M+5.2%
- 1990$389.10M+8.2%
- 1989$359.50M-1.0%
- 1988$363.20M+17.2%
- 1987$310.00M+20.9%
- 1986$256.40M+5.5%
- 1985$243.00M—
Operating Income 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 Operating Income at Air Products and Chemicals (APD)
According to Air Products and Chemicals's latest reported financial statements, the company's current operating income (TTM) is $2.29B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Air Products and Chemicals (APD) operating income is −$877.00M – plunged 119.6% year-over-year.
Between 2024 and 2025, Air Products and Chemicals operating income plunged 119.6%, falling from $4.47B to −$877.00M.
Across the available history, operating income reached its high of $4.47B in 2024 and its low of −$877.00M in 2025.
Air Products and Chemicals Operating Income by Year
Air Products and Chemicals Operating Income 2025: −$877.00M
Air Products and Chemicals operating income in 2025 was −$877.00M, plunged 119.6% below 2024. This figure represents the lowest annual value in the available history.
Air Products and Chemicals Operating Income 2024: $4.47B
2024's operating income for Air Products and Chemicals came in at $4.47B, surged 79.0% from 2023. This figure represents the highest annual value in the available history.
Air Products and Chemicals Operating Income 2023: $2.49B
Air Products and Chemicals posted operating income of $2.49B in 2023, grew 6.7% from 2022.
Air Products and Chemicals Operating Income 2022: $2.34B
In 2022, Air Products and Chemicals reported operating income of $2.34B, edged up 2.5% from 2021.
Air Products and Chemicals Operating Income 2021: $2.28B
Air Products and Chemicals operating income in 2021 was $2.28B.
See more financial history for Air Products and Chemicals (APD).
Sector peers by Operating Income
Basic Materials peers of Air Products and Chemicals (APD), ranked by their latest operating income
| $10.35B | |
| $8.94B | |
| $7.00B | |
| $6.33B | |
| $6.29B | |
| $5.32B | |
| $3.80B | |
| $2.91B |
- $10.35B
- $8.94B
- $7.00B
- $6.33B
- $6.29B
- $5.32B
- $3.80B
- $2.91B
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