Stock research
Air Products supplies industrial gases and is developing large-scale clean-hydrogen projects for energy and industrial customers.
For the fiscal year ended September 30, 2025, Air Products and Chemicals, Inc. reported revenue of $12.0B and net income of −$395M. Source: Form 10-K filed November 20, 2025
SEC data as of
Reported SEC XBRL figures. Each metric’s period and original filing are listed below.
Delayed Cboe One market data via TradingView. It may differ from primary-exchange or consolidated quotes.
Long-term supply agreements provide a stable base of recurring revenue.
Reported figures from Air Products and Chemicals, Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.
| Metric | Value | Period | Source |
|---|---|---|---|
| Revenue | $12.0B | 2024-10-01 – 2025-09-30 | SEC filing |
| Net income | −$395M | 2024-10-01 – 2025-09-30 | SEC filing |
| Diluted EPS | −$1.77 | 2024-10-01 – 2025-09-30 | SEC filing |
| Net margin | -3.3% | 2024-10-01 – 2025-09-30 | SEC filing |
| Shares outstanding | 223M | As of 2025-12-31 | SEC filing |
Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.
Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.
Air Products and Chemicals, Inc. sits in Materials. Miners, chemicals, and building materials — an early-cycle, China-sensitive read on global industrial demand. We have not yet written company-specific drivers for APD; the forces that matter most for the sector are:
Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.
Net income was -3.3% of revenue for the fiscal year ended September 30, 2025, based on revenue and net income reported for the same period.
Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.
The SEC lists Air Products and Chemicals, Inc.'s fiscal year end as September 30, not December 31. The latest annual figures here run from October 1, 2024 to September 30, 2025.
Annual results cover a different 12 months from calendar-year peers. Align periods before comparing growth or margins across companies.
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Read the full researchHow we source and review company pages: research methodology.
| Politician | Trade date | Type | Owner | Amount | Source |
|---|---|---|---|---|---|
| Rich McCormick | 2026-07-30 | Sale | Self | $1,001 - $15,000 | Filing #20035204 |
| Alan Armstrong | 2026-03-27 | Purchase | Self | $1,001 - $15,000 | Filing #fda235b3-bad7-4637-8fa1-053f354d929c |
| Josh Gottheimer | 2026-03-05 | Purchase | Joint | $1,001 - $15,000 | Filing #20034305 |
| Julie Johnson | 2025-12-18 | Sale | Joint | $1,001 - $15,000 | Filing #20033789 |
| Josh Gottheimer | 2025-12-08 | Sale | Joint | $15,001 - $50,000 | Filing #20033756 |
| Julie Johnson | 2025-11-13 | Sale | Joint | $1,001 - $15,000 | Filing #20033611 |
| Rich McCormick | 2025-11-05 | Purchase | Self | $1,001 - $15,000 | Filing #20033610 |
| Lisa McClain | 2025-09-25 | Sale | Spouse | $1,001 - $15,000 | Filing #20032129 |
| Julie Johnson | 2025-08-14 | Sale | Joint | $1,001 - $15,000 | Filing #20032066 |
| Lisa McClain | 2025-08-04 | Purchase | Spouse | $1,001 - $15,000 | Filing #20030932 |
All verified APD congressional disclosures
Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.
Air Products supplies industrial gases and is developing large-scale clean-hydrogen projects for energy and industrial customers.
For the fiscal year ended September 30, 2025, Air Products and Chemicals, Inc. reported revenue of $12.0B and net income of −$395M. The figures come from Air Products and Chemicals, Inc.'s SEC XBRL filings.
The SEC lists Air Products and Chemicals, Inc.'s fiscal year end as September 30.
The current verified House and Senate snapshot contains 18 transaction rows for APD, each linked to the original filing.
Air Products and Chemicals, Inc. is headquartered in Allentown, Pennsylvania and was founded in 1940.
This page does not rate APD as a buy or sell. It sets out what Air Products and Chemicals, Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.
This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.
Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.
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