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

Air Products & Chemicals (APD) reported Free Cash Flow of $1.1 billion for Q1 2026, up 170.6% on a YoY basis from $407.9 million in Q1 2025, and up 22.54% sequentially from $900.7 million in Q4 2025.

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

Air Products & Chemicals (APD) has 18 years of Free Cash Flow data on file, last reported at $1.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 170.6% year-over-year to $1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (up 115.49% YoY), and the FY2025 full-year result was -$3.8 billion, down 19.55% from the prior year.
  • Free Cash Flow grew to $1.1 billion in Q1 2026, from $900.7 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $4.8 billion in Q2 2025 to a low of -$5.7 billion in Q3 2025.
  • A 5-year average of -$33.6 million and a median of $701.7 million in 2024 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow surged 897.29% in 2023 and plunged 643.16% in 2024, its largest moves.
  • Tracing APD's Free Cash Flow over 5 years: stood at $719.3 million in 2022, then sank by 213.85% to -$818.9 million in 2023, then slumped by 59.47% to -$1.3 billion in 2024, then soared by 168.97% to $900.7 million in 2025, then grew by 22.54% to $1.1 billion in 2026.
  • Business Quant data shows APD's Free Cash Flow at $1.1 billion in Q1 2026, $900.7 million in Q4 2025, and -$5.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Linde 237.95 Bn 233.99 Bn 4.26 Bn 898.00 Mn
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 800,000.00
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn 758.00 Mn
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 1.10 Bn
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn -19.00 Mn
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn -538.00 Mn
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn -
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 160.00 Mn
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 130.00 Mn
10 Rpm International 13.63 Bn 13.32 Bn 950.03 Mn 368.07 Mn

Historic Data

Download Data
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 -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
Dec 31, 2023 -818.90 Mn
Dec 31, 2023 -818.90 Mn