Air Net Income vs Gross Profit Analysis

APD Stock

USD 328.85 0.00 0.00%

Air Products financial indicator trend analysis is way more than just evaluating Air Products prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air Products is a good investment. Please check the relationship between Air Products Net Income and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Products Net Income account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Air Products' Net Income and Gross Profit is 0.8. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Air Products and, assuming nothing else is changed. The correlation between historical values of Air Products' Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Air Products and are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Air Products' Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Air Products financial statement analysis. It represents the amount of money remaining after all of Air Products and operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Air Products and minus its cost of goods sold. It is profit before Air Products operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Air Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air Products current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

At present, Air Products' Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 17.06, whereas Discontinued Operations is forecasted to decline to about 6.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	3.4B	3.8B	20.3B	21.3B
Total Revenue	12.7B	12.6B	20.3B	21.3B

Gross Profit Total Revenue

Air Products fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue
Total Assets		0.94	0.7	0.83	0.96	0.98	0.76	0.96	0.41	0.98	0.77	0.43	0.58	0.12	-0.54	0.97	0.36	0.79	-0.22	0.97	0.93	0.5	0.12	0.04	-0.01	0.59
Short Long Term Debt Total	0.94		0.75	0.89	0.82	0.95	0.9	0.83	0.2	0.96	0.79	0.23	0.57	0.19	-0.57	0.98	0.46	0.73	-0.2	0.99	0.91	0.33	0.3	0.08	-0.08	0.52
Other Current Liab	0.7	0.75		0.51	0.62	0.69	0.57	0.58	0.33	0.68	0.54	0.37	0.09	-0.31	-0.19	0.74	-0.07	0.77	0.32	0.7	0.79	0.35	-0.04	-0.43	-0.66	0.7
Total Current Liabilities	0.83	0.89	0.51		0.68	0.83	0.88	0.74	-0.02	0.88	0.9	0.0	0.66	0.39	-0.64	0.86	0.57	0.56	-0.47	0.91	0.76	0.18	0.59	0.28	0.2	0.39
Total Stockholder Equity	0.96	0.82	0.62	0.68		0.94	0.57	0.99	0.58	0.91	0.66	0.59	0.5	-0.01	-0.45	0.88	0.2	0.78	-0.16	0.86	0.89	0.61	-0.07	-0.06	0.01	0.62
Property Plant And Equipment Net	0.98	0.95	0.69	0.83	0.94		0.82	0.93	0.29	0.99	0.72	0.32	0.55	0.07	-0.54	0.96	0.39	0.81	-0.14	0.95	0.95	0.37	0.12	-0.02	0.01	0.55
Net Debt	0.76	0.9	0.57	0.88	0.57	0.82		0.59	-0.24	0.85	0.67	-0.2	0.54	0.29	-0.58	0.83	0.63	0.59	-0.18	0.87	0.78	-0.07	0.46	0.17	0.07	0.27
Retained Earnings	0.96	0.83	0.58	0.74	0.99	0.93	0.59		0.53	0.92	0.73	0.54	0.56	0.07	-0.5	0.89	0.25	0.76	-0.27	0.88	0.86	0.6	0.02	0.02	0.07	0.6
Cash	0.41	0.2	0.33	-0.02	0.58	0.29	-0.24	0.53		0.23	0.17	1.0	0.08	-0.22	0.04	0.32	-0.34	0.32	-0.01	0.25	0.27	0.91	-0.42	-0.19	-0.29	0.5
Non Current Assets Total	0.98	0.96	0.68	0.88	0.91	0.99	0.85	0.92	0.23		0.77	0.25	0.58	0.14	-0.58	0.97	0.43	0.79	-0.2	0.97	0.94	0.34	0.18	0.05	0.05	0.53
Non Currrent Assets Other	0.77	0.79	0.54	0.9	0.66	0.72	0.67	0.73	0.17	0.77		0.18	0.61	0.37	-0.57	0.8	0.35	0.43	-0.56	0.84	0.65	0.37	0.52	0.29	0.06	0.47
Cash And Short Term Investments	0.43	0.23	0.37	0.0	0.59	0.32	-0.2	0.54	1.0	0.25	0.18		0.09	-0.22	0.04	0.35	-0.31	0.35	0.01	0.28	0.31	0.91	-0.4	-0.2	-0.33	0.52
Net Receivables	0.58	0.57	0.09	0.66	0.5	0.55	0.54	0.56	0.08	0.58	0.61	0.09		0.73	-0.14	0.6	0.83	0.28	-0.7	0.62	0.44	0.44	0.53	0.6	0.51	0.08
Good Will	0.12	0.19	-0.31	0.39	-0.01	0.07	0.29	0.07	-0.22	0.14	0.37	-0.22	0.73		-0.27	0.21	0.8	-0.2	-0.86	0.26	-0.07	0.07	0.56	0.97	0.64	-0.41
Common Stock Shares Outstanding	-0.54	-0.57	-0.19	-0.64	-0.45	-0.54	-0.58	-0.5	0.04	-0.58	-0.57	0.04	-0.14	-0.27		-0.56	-0.24	-0.25	0.39	-0.59	-0.43	0.13	-0.17	-0.35	-0.23	-0.1
Non Current Liabilities Total	0.97	0.98	0.74	0.86	0.88	0.96	0.83	0.89	0.32	0.97	0.8	0.35	0.6	0.21	-0.56		0.44	0.76	-0.24	0.99	0.91	0.44	0.2	0.12	-0.06	0.54
Inventory	0.36	0.46	-0.07	0.57	0.2	0.39	0.63	0.25	-0.34	0.43	0.35	-0.31	0.83	0.8	-0.24	0.44		0.16	-0.58	0.48	0.3	-0.03	0.56	0.71	0.59	-0.27
Other Current Assets	0.79	0.73	0.77	0.56	0.78	0.81	0.59	0.76	0.32	0.79	0.43	0.35	0.28	-0.2	-0.25	0.76	0.16		0.19	0.73	0.87	0.36	-0.14	-0.32	-0.24	0.68
Other Stockholder Equity	-0.22	-0.2	0.32	-0.47	-0.16	-0.14	-0.18	-0.27	-0.01	-0.2	-0.56	0.01	-0.7	-0.86	0.39	-0.24	-0.58	0.19		-0.3	0.05	-0.25	-0.57	-0.88	-0.66	0.2
Total Liab	0.97	0.99	0.7	0.91	0.86	0.95	0.87	0.88	0.25	0.97	0.84	0.28	0.62	0.26	-0.59	0.99	0.48	0.73	-0.3		0.9	0.39	0.3	0.16	0.0	0.52
Property Plant And Equipment Gross	0.93	0.91	0.79	0.76	0.89	0.95	0.78	0.86	0.27	0.94	0.65	0.31	0.44	-0.07	-0.43	0.91	0.3	0.87	0.05	0.9		0.35	0.03	-0.18	-0.15	0.64
Total Current Assets	0.5	0.33	0.35	0.18	0.61	0.37	-0.07	0.6	0.91	0.34	0.37	0.91	0.44	0.07	0.13	0.44	-0.03	0.36	-0.25	0.39	0.35		-0.13	0.02	-0.15	0.5
Short Term Debt	0.12	0.3	-0.04	0.59	-0.07	0.12	0.46	0.02	-0.42	0.18	0.52	-0.4	0.53	0.56	-0.17	0.2	0.56	-0.14	-0.57	0.3	0.03	-0.13		0.46	0.27	-0.14
Intangible Assets	0.04	0.08	-0.43	0.28	-0.06	-0.02	0.17	0.02	-0.19	0.05	0.29	-0.2	0.6	0.97	-0.35	0.12	0.71	-0.32	-0.88	0.16	-0.18	0.02	0.46		0.68	-0.52
Accounts Payable	-0.01	-0.08	-0.66	0.2	0.01	0.01	0.07	0.07	-0.29	0.05	0.06	-0.33	0.51	0.64	-0.23	-0.06	0.59	-0.24	-0.66	0.0	-0.15	-0.15	0.27	0.68		-0.42
Current Deferred Revenue	0.59	0.52	0.7	0.39	0.62	0.55	0.27	0.6	0.5	0.53	0.47	0.52	0.08	-0.41	-0.1	0.54	-0.27	0.68	0.2	0.52	0.64	0.5	-0.14	-0.52	-0.42

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Air Products Account Relationship Matchups

Air Products fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.2B	26.9B	27.2B	32.0B	36.8B	38.6B
Short Long Term Debt Total	7.9B	7.6B	7.6B	11.0B	12.7B	13.3B
Other Current Liab	902.5M	1.0B	1.1B	1.2B	1.3B	1.4B
Total Current Liabilities	2.4B	2.8B	3.5B	3.9B	4.5B	4.7B
Total Stockholder Equity	12.1B	13.5B	13.1B	14.3B	16.5B	17.3B
Property Plant And Equipment Net	12.0B	13.3B	14.2B	18.4B	21.2B	22.3B
Net Debt	2.7B	3.2B	4.9B	9.4B	10.8B	11.4B
Retained Earnings	14.9B	15.7B	16.5B	17.3B	19.9B	20.9B
Cash	5.3B	4.5B	2.7B	1.6B	1.9B	2.0B
Non Current Assets Total	16.5B	18.5B	20.9B	26.8B	30.8B	32.4B
Non Currrent Assets Other	1.6B	2.1B	2.1B	2.2B	2.5B	2.6B
Cash And Short Term Investments	6.4B	5.8B	3.3B	1.9B	2.2B	2.4B
Net Receivables	1.8B	2.0B	1.9B	2.3B	2.7B	1.4B
Good Will	891.5M	911.5M	823M	861.7M	991.0M	689.1M
Common Stock Shares Outstanding	221.6M	222.3M	222.5M	222.7M	222.8M	178.2M
Liabilities And Stockholders Equity	25.2B	26.9B	27.2B	32.0B	36.8B	38.6B
Non Current Liabilities Total	10.3B	10.0B	10.0B	12.4B	14.3B	15.0B
Inventory	404.8M	453.9M	514.2M	651.8M	749.6M	470.4M
Other Current Assets	164.5M	119.4M	431.6M	274.3M	315.4M	331.2M
Other Stockholder Equity	(905.2M)	(872.1M)	(839.6M)	(776.8M)	(699.1M)	(664.2M)
Total Liab	12.7B	12.8B	13.5B	16.3B	18.8B	19.7B
Property Plant And Equipment Gross	12.3B	27.5B	28.2B	33.7B	38.8B	40.7B
Total Current Assets	8.7B	8.4B	6.3B	5.2B	6.0B	3.0B
Accumulated Other Comprehensive Income	(2.1B)	(1.5B)	(2.8B)	(2.4B)	(2.2B)	(2.3B)
Short Term Debt	548.4M	565.5M	649M	969.2M	1.1B	561.2M
Intangible Assets	435.8M	420.7M	347.5M	334.6M	384.8M	382.1M
Accounts Payable	546.2M	736.8M	1.1B	1.2B	1.4B	1.1B
Current Deferred Revenue	313.8M	366.8M	439.1M	413M	371.7M	390.3M
Other Liab	2.5B	2.8B	2.9B	2.3B	2.6B	1.8B
Other Assets	1.3B	2.2B	2.2B	1.2B	1.4B	1.0B
Long Term Debt	7.4B	7.2B	7.1B	9.4B	10.8B	11.4B
Treasury Stock	(2.0B)	(2B)	(2.0B)	(2.0B)	(1.8B)	(1.9B)
Property Plant Equipment	12.0B	13.3B	14.2B	18.4B	21.2B	22.3B
Short Term Investments	1.1B	1.3B	590.7M	332.2M	382.0M	306.3M

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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:

How To Invest In Air

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Is Air Stock a good investment?

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What is Air Products' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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.

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Air Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Air Products fundamental ratios Correlations

Air Products Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Air Products fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.98	Total Assets

Intangible Assets	- 0.88	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Good Will
Other Stockholder Equity	- 0.7	Net Receivables
Accounts Payable	- 0.66	Other Stockholder Equity
Accounts Payable	- 0.66	Other Current Liab
Common Stock Shares Outstanding	- 0.64	Total Current Liabilities