Air Financial Statements From 2010 to 2024

APD Stock  USD 328.85  1.00  0.31%   
Air Products financial statements provide useful quarterly and yearly information to potential Air Products and investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Air Products financial statements helps investors assess Air Products' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Air Products' valuation are summarized below:
Gross Profit
3.8 B
Profit Margin
0.3164
Market Capitalization
72.9 B
Enterprise Value Revenue
7.0112
Revenue
12.1 B
There are over one hundred nineteen available fundamental signals for Air Products and, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Air Products' prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 59.5 B. The current year's Enterprise Value is expected to grow to about 32.1 B

Air Products Total Revenue

21.34 Billion

Check Air Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air Products' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 229.7 M or Selling General Administrative of 950.1 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0187 or PTB Ratio of 2.22. Air financial statements analysis is a perfect complement when working with Air Products Valuation or Volatility modules.
  
Check out the analysis of Air Products Correlation against competitors.

Air Products Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets38.6 B36.8 B22.3 B
Slightly volatile
Short and Long Term Debt Total13.3 B12.7 B6.8 B
Slightly volatile
Total Current Liabilities4.7 B4.5 BB
Slightly volatile
Total Stockholder Equity17.3 B16.5 B10.3 B
Slightly volatile
Property Plant And Equipment Net22.3 B21.2 B11.8 B
Slightly volatile
Net Debt11.4 B10.8 B4.8 B
Slightly volatile
Retained Earnings20.9 B19.9 B13.1 B
Slightly volatile
CashB1.9 B1.9 B
Slightly volatile
Non Current Assets Total32.4 B30.8 B17.3 B
Slightly volatile
Non Currrent Assets Other2.6 B2.5 B1.9 B
Slightly volatile
Cash And Short Term Investments2.4 B2.2 B2.3 B
Slightly volatile
Net Receivables1.4 B2.7 B1.8 B
Slightly volatile
Good Will689.1 M991 M933 M
Pretty Stable
Common Stock Shares Outstanding178.2 M222.8 M218 M
Slightly volatile
Liabilities And Stockholders Equity38.6 B36.8 B22.3 B
Slightly volatile
Non Current Liabilities Total15 B14.3 B8.4 B
Slightly volatile
Inventory470.4 M749.6 M510.9 M
Very volatile
Other Current Assets331.2 M315.4 M124.6 M
Slightly volatile
Total Liabilities19.7 B18.8 B11.4 B
Slightly volatile
Property Plant And Equipment Gross40.7 B38.8 B17.1 B
Slightly volatile
Total Current AssetsBB4.7 B
Slightly volatile
Short Term Debt561.2 M1.1 B803 M
Pretty Stable
Intangible Assets382.1 M384.8 M438.4 M
Slightly volatile
Accounts Payable1.1 B1.4 B1.3 B
Pretty Stable
Current Deferred Revenue390.3 M371.7 M294.9 M
Slightly volatile
Common Stock Total Equity255.4 M286.8 M244 M
Slightly volatile
Common Stock256.1 M286.8 M244 M
Slightly volatile
Other Liabilities1.8 B2.6 B2.2 B
Slightly volatile
Other AssetsB1.4 B1.4 B
Slightly volatile
Long Term Debt11.4 B10.8 BB
Slightly volatile
Property Plant Equipment22.3 B21.2 B12 B
Slightly volatile
Net Tangible Assets9.4 B15.1 B8.8 B
Slightly volatile
Long Term Debt Total5.8 B10.8 B5.6 B
Slightly volatile
Capital Surpluse1.1 B1.3 BB
Slightly volatile
Long Term Investments2.7 B5.3 B2.7 B
Slightly volatile
Non Current Liabilities Other1.6 B1.3 B1.5 B
Pretty Stable
Warrants265.2 M258.5 M301.5 M
Slightly volatile
Short and Long Term Debt587.9 MB479.4 M
Slightly volatile
Cash And Equivalents3.3 B1.9 B2.3 B
Slightly volatile
Net Invested Capital20.4 B28.3 B17.5 B
Slightly volatile
Net Working Capital1.1 B1.2 B3.2 B
Slightly volatile
Capital Stock199.5 M224.5 M244.4 M
Slightly volatile
Capital Lease Obligations633 M725.8 M487.9 M
Slightly volatile

Air Products Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.6 B1.6 B1.1 B
Slightly volatile
Selling General Administrative950.1 M1.1 B866.2 M
Pretty Stable
Total Revenue21.3 B20.3 B10.8 B
Slightly volatile
Gross Profit21.3 B20.3 B5.2 B
Slightly volatile
Other Operating Expenses990.5 MB6.5 B
Pretty Stable
Operating Income4.7 B4.5 B2.1 B
Slightly volatile
EBIT3.2 B3.1 B2.1 B
Slightly volatile
EBITDA4.7 B4.5 B3.2 B
Slightly volatile
Cost Of Revenue5.1 B10.2 B6.6 B
Slightly volatile
Total Operating Expenses794.4 MB898.7 M
Pretty Stable
Income Before Tax5.1 B4.8 B2.2 B
Slightly volatile
Net IncomeB3.8 B1.9 B
Slightly volatile
Income Tax Expense992.1 M944.9 M472 M
Slightly volatile
Research Development89.7 M100.2 M98.7 M
Slightly volatile
Net Income Applicable To Common Shares2.8 B2.6 B1.7 B
Slightly volatile
Net Income From Continuing Ops1.8 B2.7 B1.6 B
Slightly volatile
Non Operating Income Net Other656.8 M625.5 M302.6 M
Slightly volatile
Non Recurring63 M66.3 M129.5 M
Slightly volatile
Tax Provision508.2 M633.9 M433.4 M
Slightly volatile
Interest Income515.4 M490.8 M168.9 M
Slightly volatile
Reconciled Depreciation1.3 B1.6 B1.1 B
Slightly volatile

Air Products Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation64.9 M61.8 M44.2 M
Slightly volatile
Begin Period Cash Flow866.5 M1.6 B1.8 B
Slightly volatile
Depreciation829.4 M1.5 BB
Slightly volatile
Dividends Paid1.6 B1.6 B953.6 M
Slightly volatile
Total Cash From Operating Activities3.8 B3.6 B2.6 B
Slightly volatile
Net Income4.1 B3.9 B1.8 B
Slightly volatile
End Period Cash Flow3.1 BB2.1 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.763.2593.6147
Slightly volatile
Dividend Yield0.01870.02360.0243
Slightly volatile
PTB Ratio2.223.963.545
Slightly volatile
Operating Cash Flow Per Share17.2116.389711.7742
Slightly volatile
Stock Based Compensation To Revenue0.00510.0030.0047
Slightly volatile
Capex To Depreciation3.223.072.0018
Slightly volatile
PB Ratio2.223.963.545
Slightly volatile
ROIC0.110.09420.0913
Slightly volatile
Inventory Turnover8.2312.213.0967
Slightly volatile
Net Income Per Share18.0717.20548.4509
Slightly volatile
Days Of Inventory On Hand45.0130.9732.0137
Slightly volatile
Payables Turnover5.76.558.5153
Very volatile
Sales General And Administrative To Revenue0.110.08160.0938
Slightly volatile
Research And Ddevelopement To Revenue0.00470.00490.0106
Slightly volatile
Capex To Revenue0.350.330.2157
Slightly volatile
POCF Ratio19.0718.166314.8634
Slightly volatile
Interest Coverage10.9820.411814.1389
Slightly volatile
Payout Ratio0.380.40880.5527
Very volatile
Capex To Operating Cash Flow0.871.660.8571
Slightly volatile
Days Payables Outstanding65.3757.6446.3407
Very volatile
Income Quality0.90.94421.6513
Slightly volatile
ROE0.120.140.1562
Very volatile
PE Ratio15.8117.30523.1327
Pretty Stable
Return On Tangible Assets0.0550.06720.0788
Very volatile
Earnings Yield0.06380.05780.0509
Slightly volatile
Intangibles To Total Assets0.04660.03360.0673
Slightly volatile
Current Ratio1.171.21.7352
Pretty Stable
Receivables Turnover6.06.235.3327
Slightly volatile
Debt To Equity0.760.830.6499
Very volatile
Capex Per Share19.6718.7310.1192
Slightly volatile
Revenue Per Share95.9391.359649.2041
Slightly volatile
Debt To Assets0.230.290.2781
Pretty Stable
Days Sales Outstanding54.4660.6268.8581
Slightly volatile
Book Value Per Share66.5763.446.9927
Slightly volatile
EV To Sales5.435.174.3256
Slightly volatile
Cash Per Share8.297.899.9629
Slightly volatile
EV To Operating Cash Flow21.3420.3316.6383
Slightly volatile
Net Debt To EBITDA1.712.71.5256
Very volatile
Tangible Book Value Per Share61.4958.5640.7627
Slightly volatile
Graham Number11611085.7671
Slightly volatile
Shareholders Equity Per Share60.8457.9544.9457
Slightly volatile
Interest Debt Per Share44.5642.4428.8967
Slightly volatile
Enterprise Value Over EBITDA17.0616.2513.9091
Slightly volatile
Short Term Coverage Ratios3.313.35.7706
Very volatile
Price Earnings Ratio15.8117.30523.1327
Pretty Stable
Price Book Value Ratio2.223.963.545
Slightly volatile
Days Of Payables Outstanding65.3757.6446.3407
Very volatile
Dividend Payout Ratio0.380.40880.5527
Very volatile
Price To Operating Cash Flows Ratio19.0718.166314.8634
Slightly volatile
Pretax Profit Margin0.120.23720.1917
Slightly volatile
Ebt Per Ebit0.741.07951.0277
Pretty Stable
Operating Profit Margin0.120.21970.182
Slightly volatile
Effective Tax Rate0.290.1960.2314
Slightly volatile
Company Equity Multiplier2.62.572.2402
Pretty Stable
Long Term Debt To Capitalization0.40.460.353
Pretty Stable
Total Debt To Capitalization0.440.480.3879
Very volatile
Return On Capital Employed0.120.10.103
Very volatile
Debt Equity Ratio0.760.830.6499
Very volatile
Ebit Per Revenue0.120.21970.182
Slightly volatile
Quick Ratio0.951.051.5405
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.452.33031.1291
Slightly volatile
Net Income Per E B T0.610.7940.8285
Very volatile
Cash Ratio0.260.370.6872
Slightly volatile
Operating Cash Flow Sales Ratio0.170.17940.2453
Pretty Stable
Days Of Inventory Outstanding45.0130.9732.0137
Slightly volatile
Cash Flow Coverage Ratios0.480.360.4497
Very volatile
Price To Book Ratio2.223.963.545
Slightly volatile
Fixed Asset Turnover1.210.790.946
Slightly volatile
Capital Expenditure Coverage Ratio1.070.621.3194
Slightly volatile
Price Cash Flow Ratio19.0718.166314.8634
Slightly volatile
Debt Ratio0.230.290.2781
Pretty Stable
Cash Flow To Debt Ratio0.480.360.4497
Very volatile
Price Sales Ratio1.763.2593.6147
Slightly volatile
Return On Assets0.05150.06470.0734
Very volatile
Asset Turnover0.70.450.5027
Slightly volatile
Net Profit Margin0.20.18830.1668
Slightly volatile
Gross Profit Margin0.390.340.3204
Very volatile
Price Fair Value2.223.963.545
Slightly volatile
Return On Equity0.120.140.1562
Very volatile
Operating Cycle120108103
Slightly volatile
Cash Conversion Cycle61.2350.863.2325
Slightly volatile
Days Of Sales Outstanding54.4660.6268.8581
Slightly volatile
Enterprise Value Multiple17.0616.2513.9091
Slightly volatile

Air Products Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap59.5 B56.7 B46.3 B
Slightly volatile
Enterprise Value32.1 B30.6 B31.5 B
Slightly volatile

Air Fundamental Market Drivers

Forward Price Earnings24.7525

Air Upcoming Events

5th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
5th of November 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of September 2023
Last Financial Announcement
View

About Air Products Financial Statements

Air Products stakeholders use historical fundamental indicators, such as Air Products' revenue or net income, to determine how well the company is positioned to perform in the future. Although Air Products investors may analyze each financial statement separately, they are all interrelated. For example, changes in Air Products' assets and liabilities are reflected in the revenues and expenses on Air Products' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Air Products and. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue371.7 M390.3 M
Total Revenue20.3 B21.3 B
Cost Of Revenue10.2 B5.1 B
Stock Based Compensation To Revenue 0.00  0.01 
Sales General And Administrative To Revenue 0.08  0.11 
Capex To Revenue 0.33  0.35 
Revenue Per Share 91.36  95.93 
Ebit Per Revenue 0.22  0.12 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Air Products is a strong investment it is important to analyze Air Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Products' future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
Check out the analysis of Air Products Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Industrial Gases space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Products. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.81
Dividend Share
7.06
Earnings Share
17.25
Revenue Per Share
54.385
Quarterly Revenue Growth
(0)
The market value of Air Products is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Products' market value can be influenced by many factors that don't directly affect Air Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.