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Air Products & Chemicals (APD) Operating Income (2016 - 2025)

Air Products & Chemicals' Operating Income history spans 17 years, with the latest figure at $734.5 million for Q4 2025.

  • For Q4 2025, Operating Income rose 14.12% year-over-year to $734.5 million; the TTM value through Dec 2025 reached -$786.1 million, down 117.69%, while the annual FY2025 figure was -$877.0 million, 119.64% down from the prior year.
  • Operating Income for Q4 2025 was $734.5 million at Air Products & Chemicals, up from $16.8 million in the prior quarter.
  • Across five years, Operating Income topped out at $2.4 billion in Q3 2024 and bottomed at -$2.3 billion in Q1 2025.
  • The 5-year median for Operating Income is $632.3 million (2022), against an average of $545.0 million.
  • The largest annual shift saw Operating Income surged 228.24% in 2024 before it plummeted 465.35% in 2025.
  • A 5-year view of Operating Income shows it stood at $523.0 million in 2021, then increased by 24.67% to $652.0 million in 2022, then grew by 2.29% to $666.9 million in 2023, then fell by 3.49% to $643.6 million in 2024, then grew by 14.12% to $734.5 million in 2025.
  • Per Business Quant, the three most recent readings for APD's Operating Income are $734.5 million (Q4 2025), $16.8 million (Q3 2025), and $790.6 million (Q2 2025).