Air Products and Chemicals, Inc.

APD Basic Materials Specialty Chemicals

Air Products and Chemicals, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $12.0 billion, down 0.52% from fiscal 2024. In the quarter to June 2026, revenue grew 4.58%, EPS fell 302.2%, free cash flow grew 180.1% and total debt rose 2.23%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

299.59 2.99 +1.01%
Market cap
$66.1B
P/E
0.0×
Fwd P/E
21.5×
Dividend yield
2.41%
F-score
2/9
Altman Z
2.41
Beneish M
−2.87
Dividend safety
20/100

Air Products and Chemicals, Inc. (APD) Return on equity

Alert me on Return on equity

Air Products and Chemicals, Inc.'s return on equity over the twelve months to 30 June 2026 was −0.28%, up 1.9 percentage points from fiscal 2025 (−2.19%). Over the past ten years it has ranged from −2.19% (fiscal 2025) to 34.5% (fiscal 2017) — the current reading is the lowest in ten years. That is below the Specialty Chemicals industry median of 3.62% and below the Basic Materials sector median of 0.00%.

Return on equity, annual

Embed this chart

Annual newest first

Period Return on equity Change (points)
FY2025 −2.19% (24.49)
FY2024 22.3% 6.63
FY2023 15.7% (0.57)
FY2022 16.2% 0.42
FY2021 15.8% (0.01)
FY2020 15.8% 0.23
FY2019 15.6% 1.58
FY2018 14.0% (20.47)
FY2017 34.5% 25.84
FY2016 8.65% (8.50)

Against its own ten years

Low −2.19% High 34.5%
Ten-year median 15.8%
Current reading's percentile 9

Return on equity against peers

Company Return on equity
SHW The Sherwin-Williams Company compare 65.1%
ECL Ecolab Inc. compare 21.8%
RPM RPM International Inc. compare 21.0%
PPG PPG Industries, Inc. compare 19.3%
LIN Linde PLC compare 18.0%
IFF International Flavors & Fragrances Inc. compare 1.95%
DD DuPont de Nemours, Inc. compare 0.29%
APD Air Products and Chemicals, Inc. −0.28%
LYB LyondellBasell Industries N.V. compare −3.12%
Specialty Chemicals industry median 3.62%
Basic Materials sector median 0.00%
Market median 1.35%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

More on APD