Air Products & Chemicals (APD) Free Cash Flow (2009 - 2026)
Air Products & Chemicals (APD) posted Free Cash Flow of $309.5 million for Q2 2026, up 8035.9% sequentially from -$3.9 million in Q1 2026, and up 148.36% YoY from $124.6 million in Q2 2025.
Air Products & Chemicals (APD) Free Cash Flow (2009 - 2026) Analysis & Trends
Air Products & Chemicals has reported Free Cash Flow for 18 years, with the latest figure at $309.5 million in Q2 2026.
- Quarterly Free Cash Flow rose 148.36% year-over-year to $309.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$301.4 million (up 93.49% YoY) and the FY2025 annual result came in at -$3.8 billion, down 19.55% from the prior year.
- Free Cash Flow rose to $309.5 million in Q2 2026 per APD's latest filing, from -$3.9 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.2 billion in Q2 2024 and troughed at -$1.6 billion in Q1 2025.
- A 5-year average of -$287.9 million and a median of -$303.5 million in 2025 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow plunged 612.71% in 2023, then surged 343.48% in 2024.
- Over 5 years, Free Cash Flow stood at -$114.9 million in 2022, then slumped by 612.71% to -$818.9 million in 2023, then sank by 59.47% to -$1.3 billion in 2024, then jumped by 73.16% to -$350.5 million in 2025, then surged by 188.3% to $309.5 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $309.5 million, -$3.9 million, and -$350.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 225.67 Bn | 220.77 Bn | 4.43 Bn | 833.00 Mn |
| 2 | Sherwin Williams | 84.74 Bn | 84.44 Bn | 3.34 Bn | 1.24 Bn |
| 3 | Ecolab | 78.90 Bn | 73.77 Bn | 1.95 Bn | - |
| 4 | Air Products & Chemicals | 68.19 Bn | 67.21 Bn | 1.04 Bn | 309.50 Mn |
| 5 | Ppg Industries | 25.36 Bn | 23.77 Bn | 1.81 Bn | 448.00 Mn |
| 6 | Chemical & Mining Co Of Chile | 23.48 Bn | 19.61 Bn | 778.60 Mn | - |
| 7 | LyondellBasell Industries | 21.91 Bn | 19.28 Bn | 2.04 Bn | 482.00 Mn |
| 8 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn | 286.00 Mn |
| 9 | DuPont de Nemours | 18.83 Bn | 17.09 Bn | 639.00 Mn | 324.00 Mn |
| 10 | Albemarle | 16.94 Bn | 15.31 Bn | 590.30 Mn | 638.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 309.50 Mn |
| Jun 30, 2026 | 309.50 Mn |
| 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 | -5.71 Bn |
| Sep 30, 2025 | -5.71 Bn |
| Jun 30, 2025 | 4.81 Bn |
| Jun 30, 2025 | 4.81 Bn |
| Mar 31, 2025 | -1.56 Bn |
| Mar 31, 2025 | -1.56 Bn |
| Dec 31, 2024 | -1.31 Bn |
| Dec 31, 2024 | -1.31 Bn |
| 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 |