Air Products & Chemicals (APD) Retained Earnings (2009 - 2026)
Air Products & Chemicals (APD) posted Retained Earnings of $16.3 billion for Q2 2026, down 10.17% sequentially from $18.1 billion in Q1 2026, and down 9.21% YoY from $18.0 billion in Q2 2025.
Air Products & Chemicals (APD) Retained Earnings (2009 - 2026) Analysis & Trends
Air Products & Chemicals has reported Retained Earnings for 18 years, with the latest figure at $16.3 billion in Q2 2026.
- Quarterly Retained Earnings fell 9.21% year-over-year to $16.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $16.3 billion (down 9.21% YoY) and the FY2025 annual result came in at $17.6 billion, down 10.17% from the prior year.
- Retained Earnings retreated to $16.3 billion in Q2 2026 per APD's latest filing, from $18.1 billion in the prior quarter.
- Over five years, Retained Earnings peaked at $19.8 billion in Q4 2024 and troughed at $16.1 billion in Q1 2022.
- A 5-year average of $17.5 billion and a median of $17.5 billion in 2023 frame the typical range for Retained Earnings.
- The sharpest annual moves came in 2024 and 2025: Retained Earnings grew 13.05% in 2024, then decreased 10.17% in 2025.
- Over 5 years, Retained Earnings stood at $16.7 billion in 2022, then advanced by 4.65% to $17.5 billion in 2023, then increased by 12.89% to $19.8 billion in 2024, then slipped by 9.76% to $17.8 billion in 2025, then fell by 8.62% to $16.3 billion in 2026.
- According to Business Quant data, Retained Earnings over the past three periods registered $16.3 billion, $18.1 billion, and $17.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 225.67 Bn | 220.77 Bn | 4.43 Bn | 39.13 Bn |
| 2 | Sherwin Williams | 84.74 Bn | 84.44 Bn | 3.34 Bn | 4.32 Bn |
| 3 | Ecolab | 78.90 Bn | 73.77 Bn | 1.95 Bn | 13.39 Bn |
| 4 | Air Products & Chemicals | 68.19 Bn | 67.21 Bn | 1.04 Bn | 16.30 Bn |
| 5 | Ppg Industries | 25.36 Bn | 23.77 Bn | 1.81 Bn | 23.44 Bn |
| 6 | Chemical & Mining Co Of Chile | 23.48 Bn | 19.61 Bn | 778.60 Mn | - |
| 7 | LyondellBasell Industries | 21.91 Bn | 19.28 Bn | 2.04 Bn | 7.04 Bn |
| 8 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn | -3.40 Bn |
| 9 | DuPont de Nemours | 18.83 Bn | 17.09 Bn | 639.00 Mn | 38.71 Bn |
| 10 | Albemarle | 16.94 Bn | 15.31 Bn | 590.30 Mn | 5.23 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.30 Bn |
| Mar 31, 2026 | -2.06 Bn |
| Dec 31, 2025 | 17.84 Bn |
| Sep 30, 2025 | -2.09 Bn |
| Jun 30, 2025 | -1.97 Bn |
| Mar 31, 2025 | 17.64 Bn |
| Dec 31, 2024 | 19.77 Bn |
| Sep 30, 2024 | -2.03 Bn |
| Jun 30, 2024 | 17.99 Bn |
| Mar 31, 2024 | -2.28 Bn |
| Dec 31, 2023 | 17.51 Bn |
| Sep 30, 2023 | 17.29 Bn |
| Jun 30, 2023 | 16.99 Bn |
| Mar 31, 2023 | 16.78 Bn |
| Dec 31, 2022 | -2.22 Bn |
| Sep 30, 2022 | -2.79 Bn |
| Jun 30, 2022 | -2.05 Bn |
| Mar 31, 2022 | -1.51 Bn |
| Dec 31, 2021 | -1.45 Bn |
| Sep 30, 2021 | 15.68 Bn |