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Revenue for Air Products and Chemicals (APD)

According to Air Products and Chemicals's latest reported financial statements, the company's current revenue (TTM) is $12.21B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$12.21B

YoY change

-0.5%

5Y CAGR

+6.3%

Peak year (2022)

$12.70B

Cumulative revenue

$283.75B

Revenue history chart for Air Products and Chemicals (APD) from 1985 to 2025

Revenue history table for Air Products and Chemicals (APD) from 1985 to 2025

Fiscal yearPeriod endedReportedRevenueYoY
2025$12.04B-0.5%
2024$12.10B-4.0%
2023$12.60B-0.8%
2022$12.70B+23.0%
2021$10.32B+16.6%
2020$8.86B-0.7%
2019$8.92B-0.1%
2018$8.93B+9.1%
2017$8.19B+9.1%
2016$7.50B-4.1%
2015$7.82B-25.0%
2014$10.44B+2.5%
2013$10.18B+5.9%
2012$9.61B-4.7%
2011$10.08B+11.7%
2010$9.03B+9.3%
2009$8.26B-20.7%
2008$10.41B+13.8%
2007$9.15B+3.4%
2006$8.85B+8.7%
2005$8.14B+9.9%
2004$7.41B+17.7%
2003$6.30B+16.6%
2002$5.40B-5.5%
2001$5.72B+4.6%
2000$5.47B+8.9%
1999$5.02B+2.1%
1998$4.92B+6.1%
1997$4.64B+15.7%
1996$4.01B+3.7%
1995$3.87B+10.9%
1994$3.49B+4.7%
1993$3.33B+3.4%
1992$3.22B+9.8%
1991$2.93B+1.3%
1990$2.89B+9.6%
1989$2.64B+8.6%
1988$2.43B+14.1%
1987$2.13B+7.6%
1986$1.98B+8.3%
1985$1.83B

Revenue 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

The 2025 reading of Air Products and Chemicals (APD) revenue is $12.04B – edged down 0.5% year-over-year.

Air Products and Chemicals revenue compound annual growth for the 2020–2025 (5 years) window is +6.3%, with the latest reading among the more recent periods of the dataset.

Air Products and Chemicals revenue declined from $12.70B in 2022 to $12.04B in 2025, a 5.2% drawdown.

2022 marks the peak revenue at $12.70B, with the historical low of $1.83B recorded in 1985.

Among 8 Basic Materials peers, Air Products and Chemicals (APD) ranks 8th; the peer median for revenue is $22.84B.

Air Products and Chemicals Revenue by Year

Air Products and Chemicals Revenue 2025: $12.04B

Air Products and Chemicals revenue in 2025 was $12.04B, edged down 0.5% below 2024.

Air Products and Chemicals Revenue 2024: $12.10B

Air Products and Chemicals revenue in 2024 was $12.10B, edged down 4.0% below 2023.

Air Products and Chemicals Revenue 2023: $12.60B

Air Products and Chemicals revenue in 2023 was $12.60B, edged down 0.8% below 2022.

Air Products and Chemicals Revenue 2022: $12.70B

Air Products and Chemicals revenue in 2022 was $12.70B, grew 23.0% from 2021. This figure represents the highest annual value in the available history.

Air Products and Chemicals Revenue 2021: $10.32B

Air Products and Chemicals revenue in 2021 was $10.32B.

See more financial history for Air Products and Chemicals (APD).

Sector peers — Revenue

Companies in the same sector as Air Products and Chemicals, ranked by their latest revenue.

CompanyRevenueSector
Linde plc (LIN)$33.99BBasic Materials
CRH plc (CRH)$31.87BBasic Materials
Freeport-McMoRan Inc. (FCX)$25.74BBasic Materials
The Sherwin-Williams Company (SHW)$23.57BBasic Materials
Newmont Corporation (NEM)$22.10BBasic Materials
Ecolab Inc. (ECL)$16.08BBasic Materials
Southern Copper Corporation (SCCO)$13.42BBasic Materials
Agnico Eagle Mines Limited (AEM)$11.91BBasic Materials

Frequently asked questions

What is Air Products and Chemicals's revenue?

Latest reported revenue for Air Products and Chemicals (APD) is $12.21B (period ending December 31, 2025).

How has Air Products and Chemicals revenue changed year-over-year?

Air Products and Chemicals (APD) revenue changed -0.5% year-over-year on the latest annual filing.

What is the long-term growth rate of Air Products and Chemicals revenue?

Air Products and Chemicals (APD) revenue compound annual growth rate is +6.3% over the most recent 5 years available.

When did Air Products and Chemicals revenue hit its highest annual value?

Air Products and Chemicals revenue reached its highest annual value of $12.70B in 2022.

What was Air Products and Chemicals revenue in 2024?

Air Products and Chemicals (APD) revenue in 2024 was $12.10B.

What was Air Products and Chemicals revenue in 2025?

Air Products and Chemicals (APD) revenue in 2025 was $12.04B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.