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
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