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Air Products and Chemicals (APD)
NYSE:APD
US Market
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Air Products and Chemicals (APD) Ratios

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Air Products and Chemicals Ratios

APD's free cash flow for Q3 2025 was $0.33. For the 2025 fiscal year, APD's free cash flow was decreased by $ and operating cash flow was $0.32. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.38 1.33 1.81 2.99 3.59
Quick Ratio
1.20 1.17 1.66 2.83 3.43
Cash Ratio
0.44 0.42 0.78 1.60 2.17
Solvency Ratio
0.05 0.22 0.27 0.27 0.24
Operating Cash Flow Ratio
0.70 0.82 0.93 1.19 1.35
Short-Term Operating Cash Flow Coverage
3.93 3.67 5.78 6.86 6.83
Net Current Asset Value
$ -17.88B$ -11.14B$ -7.21B$ -4.39B$ -4.04B
Leverage Ratios
Debt-to-Assets Ratio
0.44 0.34 0.28 0.28 0.31
Debt-to-Equity Ratio
1.05 0.77 0.58 0.56 0.65
Debt-to-Capital Ratio
0.51 0.44 0.37 0.36 0.40
Long-Term Debt-to-Capital Ratio
0.50 0.40 0.35 0.35 0.38
Financial Leverage Ratio
2.37 2.24 2.07 1.98 2.08
Debt Service Coverage Ratio
1.48 3.29 4.80 5.11 5.03
Interest Coverage Ratio
-4.10 14.05 18.27 16.09 20.47
Debt to Market Cap
0.31 0.16 0.15 0.13 0.12
Interest Debt Per Share
82.36 50.42 35.01 35.10 36.24
Net Debt to EBITDA
12.17 2.35 1.30 0.86 0.77
Profitability Margins
Gross Profit Margin
31.41%29.90%26.46%30.39%33.85%
EBIT Margin
-1.88%24.28%22.70%25.66%28.60%
EBITDA Margin
11.11%31.83%29.90%35.58%38.77%
Operating Profit Margin
-7.29%19.80%18.42%22.10%25.27%
Pretax Profit Margin
-3.66%22.88%21.69%24.29%27.37%
Net Profit Margin
-3.28%18.26%17.77%20.33%21.30%
Continuous Operations Profit Margin
-2.88%18.50%17.75%19.81%21.97%
Net Income Per EBT
89.52%79.80%81.90%83.72%77.84%
EBT Per EBIT
50.25%115.55%117.78%109.91%108.32%
Return on Assets (ROA)
-0.96%7.19%8.30%7.82%7.50%
Return on Equity (ROE)
-2.45%16.07%17.16%15.50%15.62%
Return on Capital Employed (ROCE)
-2.38%8.88%9.86%9.48%9.83%
Return on Invested Capital (ROIC)
-1.83%6.94%7.85%7.55%7.71%
Return on Tangible Assets
-0.99%7.47%8.67%8.22%7.91%
Earnings Yield
-0.68%3.65%4.37%3.70%2.86%
Efficiency Ratios
Receivables Turnover
4.15 5.42 6.54 5.16 5.04
Payables Turnover
0.00 7.28 8.33 9.75 10.73
Inventory Turnover
10.63 13.55 18.16 15.83 14.47
Fixed Asset Turnover
0.28 0.68 0.90 0.78 0.74
Asset Turnover
0.29 0.39 0.47 0.38 0.35
Working Capital Turnover Ratio
8.04 6.11 3.03 1.74 1.95
Cash Conversion Cycle
122.20 44.17 32.09 56.42 63.63
Days of Sales Outstanding
87.87 67.36 55.80 70.79 72.44
Days of Inventory Outstanding
34.33 26.93 20.10 23.05 25.22
Days of Payables Outstanding
0.00 50.12 43.80 37.42 34.03
Operating Cycle
122.20 94.29 75.89 93.85 97.66
Cash Flow Ratios
Operating Cash Flow Per Share
13.25 14.42 14.55 15.08 14.76
Free Cash Flow Per Share
-20.77 -6.39 1.37 3.96 3.42
CapEx Per Share
34.02 20.81 13.18 11.12 11.34
Free Cash Flow to Operating Cash Flow
-1.57 -0.44 0.09 0.26 0.23
Dividend Paid and CapEx Coverage Ratio
0.32 0.52 0.75 0.90 0.90
Capital Expenditure Coverage Ratio
0.39 0.69 1.10 1.36 1.30
Operating Cash Flow Coverage Ratio
0.16 0.29 0.42 0.44 0.41
Operating Cash Flow to Sales Ratio
0.25 0.25 0.25 0.32 0.37
Free Cash Flow Yield
-8.03%-2.25%0.59%1.55%1.15%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-146.16 27.39 22.90 27.04 34.92
Price-to-Sales (P/S) Ratio
4.78 5.00 4.07 5.50 7.44
Price-to-Book (P/B) Ratio
3.32 4.40 3.93 4.19 5.45
Price-to-Free Cash Flow (P/FCF) Ratio
-12.45 -44.36 170.12 64.66 87.19
Price-to-Operating Cash Flow Ratio
19.53 19.65 15.99 16.98 20.18
Price-to-Earnings Growth (PEG) Ratio
-1.77 13.85 2.21 4.07 4.65
Price-to-Fair Value
3.32 4.40 3.93 4.19 5.45
Enterprise Value Multiple
55.23 18.05 14.91 16.31 19.96
Enterprise Value
73.88B 72.41B 56.60B 59.92B 68.54B
EV to EBITDA
55.23 18.05 14.91 16.31 19.96
EV to Sales
6.14 5.75 4.46 5.80 7.74
EV to Free Cash Flow
-15.96 -50.99 186.37 68.27 90.70
EV to Operating Cash Flow
25.02 22.59 17.52 17.93 20.99
Tangible Book Value Per Share
72.23 65.07 56.45 57.56 50.25
Shareholders’ Equity Per Share
77.87 64.39 59.21 61.10 54.61
Tax and Other Ratios
Effective Tax Rate
0.21 0.19 0.18 0.18 0.20
Revenue Per Share
54.03 56.68 57.20 46.58 40.04
Net Income Per Share
-1.77 10.35 10.16 9.47 8.53
Tax Burden
0.90 0.80 0.82 0.84 0.78
Interest Burden
1.94 0.94 0.96 0.95 0.96
Research & Development to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
SG&A to Revenue
0.08 0.00 0.07 0.08 0.08
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
1.88 1.40 1.44 1.65 1.72
Currency in USD
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