Air Financial Statements From 2010 to 2024

APD Stock  USD 231.64  1.38  0.59%   
Air Products financial statements provide useful quarterly and yearly information to potential Air Products and investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Air Products financial statements helps investors assess Air Products' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Air Products' valuation are summarized below:
Gross Profit
3.8 B
Profit Margin
0.1882
Market Capitalization
51.8 B
Enterprise Value Revenue
4.9891
Revenue
12.4 B
There are over one hundred nineteen available fundamental signals for Air Products and, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Air Products' prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 59.5 B. The current year's Enterprise Value is expected to grow to about 32.1 B

Air Products Total Revenue

7.41 Billion

Check Air Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air main balance sheet or income statement drivers, such as Depreciation And Amortization of 796.2 M, Interest Expense of 214.3 M or Selling General Administrative of 950.1 M, as well as many exotic indicators such as Price To Sales Ratio of 4.72, Dividend Yield of 0.0187 or PTB Ratio of 2.22. Air financial statements analysis is a perfect complement when working with Air Products Valuation or Volatility modules.
  
This module can also supplement Air Products' financial leverage analysis and stock options assessment as well as various Air Products Technical models . Check out the analysis of Air Products Correlation against competitors.

Air Products Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets38.6 B36.8 B22.3 B
Slightly volatile
Short and Long Term Debt Total13.2 B12.6 B6.7 B
Slightly volatile
Total Current Liabilities4.7 B4.5 BB
Slightly volatile
Total Stockholder Equity17.3 B16.5 B10.3 B
Slightly volatile
Property Plant And Equipment Net22.3 B21.2 B11.8 B
Slightly volatile
Net Debt11.3 B10.7 B4.8 B
Slightly volatile
Retained Earnings20.9 B19.9 B13.1 B
Slightly volatile
CashB1.9 B1.9 B
Slightly volatile
Non Current Assets Total32.4 B30.8 B17.3 B
Slightly volatile
Non Currrent Assets Other1.2 B1.4 B1.6 B
Very volatile
Cash And Short Term Investments2.4 B2.2 B2.3 B
Slightly volatile
Net Receivables1.4 B2.8 B1.9 B
Slightly volatile
Good Will689.1 M991 M933 M
Pretty Stable
Common Stock Shares Outstanding178.2 M200.4 M216.5 M
Slightly volatile
Liabilities And Stockholders Equity38.6 B36.8 B22.3 B
Slightly volatile
Non Current Liabilities Total15 B14.3 B8.4 B
Slightly volatile
Inventory470.4 M749.6 M510.9 M
Very volatile
Other Current Assets95 M159.3 M75.2 M
Slightly volatile
Total Liabilities19.7 B18.8 B11.4 B
Slightly volatile
Property Plant And Equipment Gross40.7 B38.8 B17.1 B
Slightly volatile
Total Current AssetsBB4.7 B
Slightly volatile
Short Term Debt551.7 MB772.9 M
Pretty Stable
Intangible Assets382.1 M384.8 M438.4 M
Slightly volatile
Accounts Payable3.5 B3.3 BB
Slightly volatile
Current Deferred Revenue390.3 M371.7 M294.9 M
Slightly volatile
Common Stock Total Equity255.4 M286.8 M244 M
Slightly volatile
Common Stock256.1 M286.8 M244 M
Slightly volatile
Other Liabilities1.8 B2.6 B2.2 B
Slightly volatile
Other AssetsB1.4 B1.4 B
Slightly volatile
Long Term Debt11.4 B10.8 BB
Slightly volatile
Property Plant Equipment22.3 B21.2 B12 B
Slightly volatile
Net Tangible Assets9.4 B15.1 B8.8 B
Slightly volatile
Long Term Debt Total5.8 B10.8 B5.6 B
Slightly volatile
Capital Surpluse1.1 B1.3 BB
Slightly volatile
Long Term Investments2.7 B5.3 B2.7 B
Slightly volatile
Non Current Liabilities Other1.6 B1.3 B1.5 B
Pretty Stable
Warrants265.2 M258.5 M301.5 M
Slightly volatile
Short and Long Term Debt587.9 MB479.4 M
Slightly volatile
Cash And Equivalents3.3 B1.9 B2.3 B
Slightly volatile
Net Invested Capital20.4 B28.3 B17.5 B
Slightly volatile
Net Working Capital1.1 B1.2 B3.2 B
Slightly volatile
Capital Stock199.5 M224.5 M244.4 M
Slightly volatile
Capital Lease Obligations633 M725.8 M487.9 M
Slightly volatile

Air Products Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization796.2 M1.6 B1.1 B
Slightly volatile
Selling General Administrative950.1 M1.1 B866.2 M
Pretty Stable
Total Revenue7.4 B14.5 B9.5 B
Slightly volatile
Gross Profit2.3 B4.3 B2.8 B
Slightly volatile
Other Operating Expenses6.2 B11.3 B7.6 B
Slightly volatile
Operating IncomeB2.9 B1.9 B
Slightly volatile
EBITB3.8 B2.2 B
Slightly volatile
EBITDA5.6 B5.4 B3.4 B
Slightly volatile
Cost Of Revenue5.1 B10.2 B6.6 B
Slightly volatile
Total Operating Expenses793.4 M925 M890.8 M
Pretty Stable
Income Before Tax3.5 B3.3 BB
Slightly volatile
Net Income2.8 B2.6 B1.7 B
Slightly volatile
Income Tax Expense665.6 M633.9 M429.5 M
Slightly volatile
Research Development90 M95 M98.4 M
Slightly volatile
Net Income Applicable To Common Shares2.8 B2.6 B1.7 B
Slightly volatile
Net Income From Continuing Ops1.8 B2.7 B1.6 B
Slightly volatile
Non Operating Income Net Other656.8 M625.5 M302.6 M
Slightly volatile
Non Recurring63 M66.3 M129.5 M
Slightly volatile
Tax Provision508.2 M633.9 M433.4 M
Slightly volatile
Interest Income515.4 M490.8 M168.9 M
Slightly volatile
Reconciled Depreciation1.3 B1.6 B1.1 B
Slightly volatile

Air Products Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation72.3 M68.9 M45.2 M
Slightly volatile
Begin Period Cash Flow3.3 B3.1 BB
Slightly volatile
Depreciation807.5 M1.6 BB
Slightly volatile
Dividends Paid1.8 B1.7 B975 M
Slightly volatile
Capital Expenditures5.6 B5.3 B2.4 B
Slightly volatile
Total Cash From Operating Activities3.9 B3.7 B2.6 B
Slightly volatile
Net Income2.8 B2.6 B1.6 B
Slightly volatile
End Period Cash FlowB1.9 B1.9 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.724.53.8947
Slightly volatile
Dividend Yield0.01870.02140.0241
Slightly volatile
PTB Ratio2.223.963.545
Slightly volatile
Days Sales Outstanding55.1963.1670.742
Slightly volatile
Book Value Per Share60.8457.9544.9457
Slightly volatile
Invested Capital0.760.880.6562
Very volatile
Operating Cash Flow Per Share13.6312.9811.3082
Slightly volatile
Stock Based Compensation To Revenue0.00230.00430.0041
Pretty Stable
PB Ratio2.223.963.545
Slightly volatile
EV To Sales5.425.174.3244
Slightly volatile
ROIC0.110.09190.091
Slightly volatile
Inventory Turnover8.2312.213.0967
Slightly volatile
Net Income Per Share9.789.317.3718
Slightly volatile
Days Of Inventory On Hand45.0130.9732.0137
Slightly volatile
Payables Turnover5.563.514.1195
Pretty Stable
Sales General And Administrative To Revenue0.110.08160.0938
Slightly volatile
Research And Ddevelopement To Revenue0.01750.00960.0117
Slightly volatile
Cash Per Share8.297.899.9435
Slightly volatile
POCF Ratio18.5717.6814.7976
Slightly volatile
Interest Coverage10.8712.6513.4614
Slightly volatile
Payout Ratio0.380.590.5648
Very volatile
Days Payables Outstanding64.7510795.6527
Pretty Stable
Income Quality2.41.611.7957
Pretty Stable
ROE0.120.140.1562
Very volatile
EV To Operating Cash Flow21.3120.316.6323
Slightly volatile
PE Ratio15.8624.6523.6257
Pretty Stable
Return On Tangible Assets0.0550.06720.0788
Very volatile
Earnings Yield0.06380.0420.0499
Slightly volatile
Intangibles To Total Assets0.04660.03360.0673
Slightly volatile
Net Debt To EBITDA1.652.31.362
Pretty Stable
Current Ratio1.171.21.7352
Pretty Stable
Tangible Book Value Per Share61.4958.5640.7627
Slightly volatile
Receivables Turnover5.915.985.1678
Slightly volatile
Graham Number11611085.7671
Slightly volatile
Shareholders Equity Per Share60.8457.9544.9457
Slightly volatile
Debt To Equity0.760.880.6562
Very volatile
Revenue Per Share53.5651.0143.6895
Slightly volatile
Interest Debt Per Share47.2545.029.4359
Slightly volatile
Debt To Assets0.230.310.2808
Pretty Stable
Enterprise Value Over EBITDA7.213.9611.995
Slightly volatile
Short Term Coverage Ratios3.313.35.7706
Very volatile
Price Earnings Ratio15.8624.6523.6257
Pretty Stable
Operating Cycle121112105
Slightly volatile
Price Book Value Ratio2.223.963.545
Slightly volatile
Days Of Payables Outstanding64.7510795.6527
Pretty Stable
Dividend Payout Ratio0.380.590.5648
Very volatile
Price To Operating Cash Flows Ratio18.5717.6814.7976
Slightly volatile
Pretax Profit Margin0.110.210.1892
Slightly volatile
Ebt Per Ebit0.741.041.025
Pretty Stable
Operating Profit Margin0.120.180.1793
Slightly volatile
Effective Tax Rate0.290.220.233
Slightly volatile
Company Equity Multiplier2.62.572.2402
Pretty Stable
Long Term Debt To Capitalization0.40.470.3547
Pretty Stable
Total Debt To Capitalization0.440.50.3902
Very volatile
Return On Capital Employed0.120.10.103
Very volatile
Debt Equity Ratio0.760.880.6562
Very volatile
Ebit Per Revenue0.120.180.1793
Slightly volatile
Quick Ratio0.861.011.4691
Slightly volatile
Net Income Per E B T0.60.720.8229
Very volatile
Cash Ratio0.260.370.6872
Slightly volatile
Operating Cash Flow Sales Ratio0.170.230.2487
Slightly volatile
Days Of Inventory Outstanding45.0130.9732.0137
Slightly volatile
Days Of Sales Outstanding55.1963.1670.742
Slightly volatile
Cash Flow Coverage Ratios0.480.340.4472
Very volatile
Price To Book Ratio2.223.963.545
Slightly volatile
Fixed Asset Turnover1.210.790.946
Slightly volatile
Price Cash Flow Ratio18.5717.6814.7976
Slightly volatile
Enterprise Value Multiple7.213.9611.995
Slightly volatile
Debt Ratio0.230.310.2808
Pretty Stable
Cash Flow To Debt Ratio0.480.340.4472
Very volatile
Price Sales Ratio4.724.53.8947
Slightly volatile
Return On Assets0.05150.06470.0734
Very volatile
Asset Turnover0.70.450.5027
Slightly volatile
Net Profit Margin0.0880.160.1575
Slightly volatile
Gross Profit Margin0.390.340.3204
Very volatile
Price Fair Value2.223.963.545
Slightly volatile
Return On Equity0.120.140.1562
Very volatile

Air Products Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap59.5 B56.7 B46.3 B
Slightly volatile
Enterprise Value32.1 B30.6 B31.5 B
Slightly volatile

Air Fundamental Market Drivers

Forward Price Earnings18.6567
Cash And Short Term Investments1.9 B

Air Upcoming Events

5th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
5th of November 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of September 2023
Last Financial Announcement
View

About Air Products Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Air Products income statement, its balance sheet, and the statement of cash flows. Air Products investors use historical funamental indicators, such as Air Products's revenue or net income, to determine how well the company is positioned to perform in the future. Although Air Products investors may use each financial statement separately, they are all related. The changes in Air Products's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Air Products's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Air Products Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Air Products. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue371.7 M390.3 M
Total Revenue14.5 B7.4 B
Cost Of Revenue10.2 B5.1 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.08  0.11 
Research And Ddevelopement To Revenue 0.01  0.02 
Capex To Revenue(0.42)(0.40)
Revenue Per Share 51.01  53.56 
Ebit Per Revenue 0.18  0.12 

Pair Trading with Air Products

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air Products will appreciate offsetting losses from the drop in the long position's value.

Moving against Air Stock

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The ability to find closely correlated positions to Air Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air Products and to buy it.
The correlation of Air Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Air Products is a strong investment it is important to analyze Air Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Products' future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
Check out the analysis of Air Products Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Air Products' price analysis, check to measure Air Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Products is operating at the current time. Most of Air Products' value examination focuses on studying past and present price action to predict the probability of Air Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Products' price. Additionally, you may evaluate how the addition of Air Products to your portfolios can decrease your overall portfolio volatility.
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Is Air Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Products. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.062
Dividend Share
7
Earnings Share
10.47
Revenue Per Share
55.864
Quarterly Revenue Growth
(0.06)
The market value of Air Products is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Products' market value can be influenced by many factors that don't directly affect Air Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.