KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRestructuring CostsRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
Others
Ratios

Air Products & Chemicals (APD) Research & Development (2016 - 2025)

Air Products & Chemicals' Research & Development history spans 17 years, with the latest figure at $20.4 million for Q4 2025.

  • For Q4 2025, Research & Development fell 7.27% year-over-year to $20.4 million; the TTM value through Dec 2025 reached $94.7 million, down 1.87%, while the annual FY2025 figure was $96.3 million, 3.89% down from the prior year.
  • Research & Development for Q4 2025 was $20.4 million at Air Products & Chemicals, down from $27.3 million in the prior quarter.
  • Across five years, Research & Development topped out at $31.1 million in Q3 2022 and bottomed at $20.4 million in Q4 2025.
  • The 5-year median for Research & Development is $24.5 million (2022), against an average of $24.8 million.
  • The largest annual shift saw Research & Development dropped 20.58% in 2023 before it grew 23.53% in 2025.
  • A 5-year view of Research & Development shows it stood at $23.3 million in 2021, then grew by 4.72% to $24.4 million in 2022, then rose by 5.33% to $25.7 million in 2023, then dropped by 14.4% to $22.0 million in 2024, then dropped by 7.27% to $20.4 million in 2025.
  • Per Business Quant, the three most recent readings for APD's Research & Development are $20.4 million (Q4 2025), $27.3 million (Q3 2025), and $24.1 million (Q2 2025).