Air Products & Chemicals (APD) EBITDA (2009 - 2026)
Air Products & Chemicals (APD) recorded EBITDA of -$1.71 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with $1.19 billion a year earlier.
Air Products & Chemicals (APD) EBITDA (2009 - 2026) Analysis & Trends
On a TTM basis, Air Products & Chemicals' EBITDA came in at $950.8 million as of Jun 30, 2026, down 69.0% year-over-year; for FY2025 (ended Sep 30, 2025), it was $687.2 million, down 88.4% from FY2024.
- Annual EBITDA has a five-year compound annual growth rate of -27.5% (FY2020 to FY2025).
- Across earlier fiscal years, EBITDA came in at $5.92 billion in FY2024 (+53.6%), $3.85 billion in FY2023 (+4.8%), $3.68 billion in FY2022 (+2.1%) and $3.6 billion in FY2021 (+5.3%).
- The fiscal Q3 2026 figure is the lowest quarterly EBITDA since fiscal Q2 2025.
- On a year-over-year basis, EBITDA rose in three of the last five quarters, with growth averaging 17.7%.
- Peak year-over-year performance for EBITDA in the last five years was growth of 156.0% in fiscal Q4 2024, against a decline of 84.7% in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.13 billion (Q2 2026), $1.11 billion (Q1 2026) and $429.6 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 3.52 Bn |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 1.09 Bn |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 1.42 Bn |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | -1.71 Bn |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 2.40 Bn |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 1.89 Bn |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 3.69 Bn |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 465.00 Mn |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 264.00 Mn |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn | 796.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.71 Bn |
| Mar 31, 2026 | 1.13 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 429.60 Mn |
| Jun 30, 2025 | 1.19 Bn |
| Mar 31, 2025 | -1.94 Bn |
| Dec 31, 2024 | 1.01 Bn |
| Sep 30, 2024 | 2.81 Bn |
| Jun 30, 2024 | 1.10 Bn |
| Mar 31, 2024 | 998.00 Mn |
| Dec 31, 2023 | 1.02 Bn |
| Sep 30, 2023 | 1.10 Bn |
| Jun 30, 2023 | 984.10 Mn |
| Mar 31, 2023 | 799.40 Mn |
| Dec 31, 2022 | 973.50 Mn |
| Sep 30, 2022 | 959.30 Mn |
| Jun 30, 2022 | 964.60 Mn |
| Mar 31, 2022 | 897.80 Mn |
| Dec 31, 2021 | 855.30 Mn |
| Sep 30, 2021 | 949.30 Mn |
Air Products & Chemicals EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=APD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "APD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();