Air Products and Chemicals, Inc. (APD) Financial Statements

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$12.04B	$12.10B	$12.60B	$12.70B	$10.32B	$8.86B	$8.92B	$8.93B
Cost of Revenue	$8.26B	$8.17B	$8.83B	$9.34B	$7.19B	$5.86B	$5.98B	$6.19B
Gross Profit	—	—	—	—	—	$3.00B	$2.91B	$2.74B
Research & Development	$96.30M	$100.20M	$105.60M	$102.90M	$93.50M	$83.90M	$72.90M	$64.50M
Selling, General & Administrative	$906.10M	$942.40M	$957.00M	$900.60M	$828.40M	$775.90M	$750.00M	$760.80M
Operating Income	-$877.00M	$4.47B	$2.49B	$2.34B	$2.28B	$2.24B	$2.14B	$1.97B
Interest Expense	—	—	$177.50M	$128.00M	$141.80M	$109.30M	$137.00M	$130.50M
Other Income / (Expense)	$2.60M	-$73.80M	-$39.00M	$62.40M	$73.70M	$30.70M	$66.70M	$5.10M
Income Before Taxes	-$440.70M	$4.82B	$2.88B	$2.75B	$2.51B	$2.42B	$2.29B	$2.02B
Provision for Income Taxes	-$94.30M	$944.90M	$551.20M	$500.80M	$462.80M	$478.40M	$480.10M	$524.30M
Net Income	-$394.50M	$3.83B	$2.30B	$2.26B	$2.10B	$1.89B	$1.76B	$1.50B
Basic EPS	-$1.77	$17.21	$10.35	$10.16	$9.47	$8.53	$7.99	$6.83
Diluted EPS	-$1.77	$17.18	$10.33	$10.14	$9.43	$8.49	$7.94	$6.78
Basic Shares Outstanding	222.70M	222.50M	222.30M	222.00M	221.60M	221.20M	220.30M	219.30M
Diluted Shares Outstanding	222.70M	222.80M	222.70M	222.50M	222.50M	222.30M	221.60M	220.80M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Sep 2026	$13.45	$13.44	$13.50	7	↑7 ↓0
Sep 2027	$14.42	$14.25	$14.75	9	↑8 ↓0
Sep 2028	$15.64	$15.44	$15.93	5	↑3 ↓0
Sep 2029	$17.80	$17.80	$17.80	1	↑1 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.