Air Products & Chemicals (APD) Free Cash Flow (2009 - 2026)
Air Products & Chemicals' (APD) quarterly Free Cash Flow came in at $1.1 billion in Q1 2026, up 130.11% year-on-year from $479.6 million in Q1 2025, and up 22.54% quarter-over-quarter from $900.7 million in Q4 2025.
Air Products & Chemicals (APD) Free Cash Flow (2009 - 2026) Analysis & Trends
Air Products & Chemicals has disclosed Free Cash Flow across 18 years of filings, most recently posting $1.1 billion for Q1 2026.
- Free Cash Flow for Q1 2026 came in at $1.1 billion, up 130.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 115.49% YoY), and the FY2025 annual result 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.
- The 5-year median for Free Cash Flow is -$114.9 million (2022), against an average of -$199.3 million.
- Across the five-year window, Free Cash Flow jumped 382.68% in 2023 and sank 1081.83% in 2024, its largest moves.
- Air Products & Chemicals' Free Cash Flow stood at -$114.9 million in 2022, then jumped by 382.68% to $324.8 million in 2023, then surged by 145.2% to $796.4 million in 2024, then increased by 13.1% to $900.7 million in 2025, then increased by 22.54% to $1.1 billion in 2026.
- The last three Free Cash Flow figures came in at $1.1 billion (Q1 2026), $900.7 million (Q4 2025), and -$256.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 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 | 78.87 Bn | 78.66 Bn | 2.78 Bn | 800,000.00 |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 758.00 Mn |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 1.10 Bn |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | -19.00 Mn |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 92.00 Mn |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 130.00 Mn |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | -538.00 Mn |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | 247.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |