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
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 |
| 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 |