Growth Metrics

Air Products & Chemicals (APD) Free Cash Flow (2009 - 2026)

Air Products & Chemicals recorded quarterly Free Cash Flow of $1.1 billion in Q1 2026, up 22.54% quarter-over-quarter from $900.7 million in Q4 2025, and up 130.11% year-over-year from $479.6 million in Q1 2025.

Air Products & Chemicals' Free Cash Flow history runs 18 years deep, the most recent figure standing at $1.1 billion for Q1 2026.

  • In Q1 2026, Free Cash Flow rose 130.11% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $1.1 billion (up 115.49% YoY), while the FY2025 annual figure was -$3.8 billion, down 19.55% from the prior year.
  • Free Cash Flow came in at $1.1 billion for Q1 2026 at Air Products & Chemicals, up from $900.7 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $3.1 billion in Q3 2022 to a low of -$5.4 billion in Q3 2024.
  • A 5-year average of -$199.3 million and a median of -$114.9 million in 2022 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow surged 382.68% in 2023 and plunged 1081.83% in 2024, its largest moves.
  • Air Products & Chemicals' Free Cash Flow stood at -$114.9 million in 2022, then surged by 382.68% to $324.8 million in 2023, then soared by 145.2% to $796.4 million in 2024, then rose by 13.1% to $900.7 million in 2025, then rose by 22.54% to $1.1 billion in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $1.1 billion, $900.7 million, and -$256.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Linde 230.79 Bn 226.84 Bn 4.26 Bn 898.00 Mn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -
3 Sherwin Williams 72.51 Bn 72.30 Bn 2.78 Bn 800,000.00
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 758.00 Mn
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 1.10 Bn
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn -19.00 Mn
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn -538.00 Mn
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn 247.57 Mn
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 130.00 Mn
10 International Flavors & Fragrances 19.02 Bn 18.49 Bn 1.02 Bn 92.00 Mn

Historic Data

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DateValue
Mar 31, 2026 1.10 Bn
Mar 31, 2026 1.10 Bn
Dec 31, 2025 900.70 Mn
Dec 31, 2025 900.70 Mn
Sep 30, 2025 -256.50 Mn
Sep 30, 2025 -256.50 Mn
Jun 30, 2025 -640.00 Mn
Jun 30, 2025 -640.00 Mn
Mar 31, 2025 -3.67 Bn
Mar 31, 2025 -3.67 Bn
Dec 31, 2024 796.40 Mn
Dec 31, 2024 796.40 Mn
Sep 30, 2024 -5.44 Bn
Sep 30, 2024 -5.44 Bn
Jun 30, 2024 1.16 Bn
Jun 30, 2024 1.16 Bn
Mar 31, 2024 701.70 Mn
Mar 31, 2024 701.70 Mn
Dec 31, 2023 324.80 Mn
Dec 31, 2023 324.80 Mn
Sep 30, 2023 -460.60 Mn
Sep 30, 2023 -460.60 Mn
Jun 30, 2023 -477.00 Mn
Jun 30, 2023 -477.00 Mn
Mar 31, 2023 -368.20 Mn
Mar 31, 2023 -368.20 Mn
Dec 31, 2022 -114.90 Mn
Dec 31, 2022 -114.90 Mn
Sep 30, 2022 3.10 Bn
Sep 30, 2022 3.10 Bn
Jun 30, 2022 202.70 Mn
Jun 30, 2022 202.70 Mn
Mar 31, 2022 -250.00 Mn
Mar 31, 2022 -250.00 Mn
Dec 31, 2021 121.40 Mn
Dec 31, 2021 121.40 Mn
Sep 30, 2021 2.67 Bn
Sep 30, 2021 2.67 Bn
Jun 30, 2021 308.60 Mn
Jun 30, 2021 308.60 Mn
Mar 31, 2021 242.00 Mn
Mar 31, 2021 242.00 Mn
Dec 31, 2020 110.50 Mn
Dec 31, 2020 110.50 Mn
Sep 30, 2020 787.70 Mn
Sep 30, 2020 787.70 Mn
Jun 30, 2020 -339.90 Mn
Jun 30, 2020 -339.90 Mn
Mar 31, 2020 88.60 Mn
Mar 31, 2020 88.60 Mn
Dec 31, 2019 219.30 Mn
Dec 31, 2019 219.30 Mn
Sep 30, 2019 484.40 Mn
Sep 30, 2019 484.40 Mn
Jun 30, 2019 173.50 Mn
Jun 30, 2019 173.50 Mn
Mar 31, 2019 70.50 Mn
Mar 31, 2019 70.50 Mn
Dec 31, 2018 251.80 Mn
Dec 31, 2018 251.80 Mn
Sep 30, 2018 280.70 Mn
Sep 30, 2018 280.70 Mn
Jun 30, 2018 164.60 Mn
Jun 30, 2018 164.60 Mn
Mar 31, 2018 230.10 Mn
Mar 31, 2018 230.10 Mn
Dec 31, 2017 303.40 Mn
Dec 31, 2017 303.40 Mn
Sep 30, 2017 682.10 Mn
Sep 30, 2017 682.10 Mn
Jun 30, 2017 477.60 Mn
Jun 30, 2017 477.60 Mn
Mar 31, 2017 -6.10 Mn
Mar 31, 2017 -6.10 Mn
Dec 31, 2016 335.10 Mn
Dec 31, 2016 335.10 Mn
Sep 30, 2016 529.80 Mn
Sep 30, 2016 529.80 Mn
Jun 30, 2016 403.30 Mn
Jun 30, 2016 403.30 Mn
Mar 31, 2016 269.20 Mn
Mar 31, 2016 269.20 Mn
Dec 31, 2015 148.80 Mn
Dec 31, 2015 148.80 Mn
Sep 30, 2015 158.70 Mn
Sep 30, 2015 158.70 Mn
Jun 30, 2015 367.30 Mn
Jun 30, 2015 367.30 Mn
Mar 31, 2015 318.50 Mn
Mar 31, 2015 318.50 Mn
Dec 31, 2014 40.10 Mn
Dec 31, 2014 40.10 Mn
Sep 30, 2014 508.30 Mn
Sep 30, 2014 508.30 Mn
Jun 30, 2014 96.60 Mn
Jun 30, 2014 96.60 Mn
Mar 31, 2014 67.40 Mn
Mar 31, 2014 67.40 Mn
Dec 31, 2013 155.10 Mn
Dec 31, 2013 155.10 Mn
Dec 31, 2012 -78.60 Mn
Dec 31, 2012 -78.60 Mn
Sep 30, 2012 166.00 Mn
Sep 30, 2012 166.00 Mn
Jun 30, 2012 81.80 Mn
Jun 30, 2012 81.80 Mn
Mar 31, 2012 -85.70 Mn
Mar 31, 2012 -85.70 Mn
Dec 31, 2011 82.00 Mn
Dec 31, 2011 82.00 Mn
Sep 30, 2011 237.50 Mn
Sep 30, 2011 237.50 Mn
Jun 30, 2011 148.90 Mn
Jun 30, 2011 148.90 Mn
Mar 31, 2011 -15.00 Mn
Mar 31, 2011 -15.00 Mn
Dec 31, 2010 29.70 Mn
Dec 31, 2010 29.70 Mn
Sep 30, 2010 220.30 Mn
Sep 30, 2010 220.30 Mn
Jun 30, 2010 250.20 Mn
Jun 30, 2010 250.20 Mn
Mar 31, 2010 120.70 Mn
Mar 31, 2010 120.70 Mn
Dec 31, 2009 -94.90 Mn
Dec 31, 2009 -94.90 Mn
Sep 30, 2009 184.60 Mn
Sep 30, 2009 184.60 Mn
Jun 30, 2009 122.20 Mn
Jun 30, 2009 122.20 Mn
Mar 31, 2009 -64.00 Mn
Mar 31, 2009 -64.00 Mn