Air Products and Chemicals (APD) Ratios
Air Products and Chemicals Ratios
MX:APD's free cash flow for Q3 2026 was $309.50M. For the 2026 fiscal year, MX:APD's free cash flow was decreased by $-995.70M and operating cash flow was $1.31B. See a summary of the company’s cash flow.
| Ratios | Sep 25 | Sep 24 | Sep 23 | Sep 22 | Sep 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.38 | 1.52 | 1.33 | 1.81 | 2.99 |
| Quick Ratio | 1.20 | 1.34 | 1.17 | 1.66 | 2.83 |
| Cash Ratio | 0.44 | 0.71 | 0.42 | 0.78 | 1.60 |
| Solvency Ratio | 0.05 | 0.25 | 0.22 | 0.27 | 0.27 |
| Operating Cash Flow Ratio | 0.77 | 0.87 | 0.82 | 0.93 | 1.19 |
| Short-Term Operating Cash Flow Coverage | 3.86 | 5.25 | 3.67 | 5.78 | 6.86 |
| Net Current Asset Value | $ -17.88B | $ -14.54B | $ -11.14B | $ -7.21B | $ -4.39B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.45 | 0.38 | 0.34 | 0.31 | 0.31 |
| Debt-to-Equity Ratio | 1.23 | 0.88 | 0.77 | 0.63 | 0.61 |
| Debt-to-Capital Ratio | 0.55 | 0.47 | 0.44 | 0.39 | 0.38 |
| Long-Term Debt-to-Capital Ratio | 0.53 | 0.44 | 0.40 | 0.35 | 0.35 |
| Financial Leverage Ratio | 2.73 | 2.32 | 2.24 | 2.07 | 1.98 |
| Debt Service Coverage Ratio | 1.35 | 6.07 | 3.68 | 5.41 | 5.58 |
| Interest Coverage Ratio | -4.10 | 20.41 | 14.05 | 18.27 | 16.09 |
| Debt to Market Cap | 0.29 | 0.21 | 0.16 | 0.15 | 0.13 |
| Interest Debt Per Share | 83.57 | 68.43 | 50.42 | 38.09 | 37.73 |
| Net Debt to EBITDA | 12.37 | 1.85 | 2.13 | 1.33 | 0.94 |
| Profitability Margins | |||||
| Gross Profit Margin | 31.41% | 32.49% | 29.90% | 26.46% | 30.39% |
| EBIT Margin | -1.88% | 41.65% | 24.28% | 22.70% | 25.66% |
| EBITDA Margin | 11.11% | 53.64% | 35.07% | 33.24% | 38.46% |
| Operating Profit Margin | -7.29% | 36.91% | 19.80% | 18.42% | 22.10% |
| Pretax Profit Margin | -3.66% | 39.84% | 22.88% | 21.69% | 24.29% |
| Net Profit Margin | -3.28% | 31.64% | 18.26% | 17.77% | 20.33% |
| Continuous Operations Profit Margin | -2.88% | 32.03% | 18.50% | 17.75% | 19.81% |
| Net Income Per EBT | 89.52% | 79.40% | 79.80% | 81.90% | 83.72% |
| EBT Per EBIT | 50.25% | 107.95% | 115.55% | 117.78% | 109.91% |
| Return on Assets (ROA) | -0.96% | 9.67% | 7.19% | 8.30% | 7.82% |
| Return on Equity (ROE) | -2.63% | 22.47% | 16.07% | 17.16% | 15.50% |
| Return on Capital Employed (ROCE) | -2.38% | 12.62% | 8.88% | 9.86% | 9.48% |
| Return on Invested Capital (ROIC) | -1.82% | 9.92% | 6.94% | 7.85% | 7.55% |
| Return on Tangible Assets | -0.99% | 9.98% | 7.47% | 8.67% | 8.22% |
| Earnings Yield | -0.65% | 5.78% | 3.65% | 4.37% | 3.70% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.79 | 5.58 | 5.83 | 6.24 | 6.24 |
| Payables Turnover | 5.75 | 5.63 | 7.28 | 8.33 | 9.75 |
| Inventory Turnover | 10.63 | 10.66 | 13.55 | 18.16 | 15.83 |
| Fixed Asset Turnover | 0.46 | 0.50 | 0.68 | 0.85 | 0.75 |
| Asset Turnover | 0.29 | 0.31 | 0.39 | 0.47 | 0.38 |
| Working Capital Turnover Ratio | 6.35 | 6.94 | 6.11 | 3.03 | 1.74 |
| Cash Conversion Cycle | 47.02 | 34.77 | 39.46 | 34.80 | 44.15 |
| Days of Sales Outstanding | 76.22 | 65.40 | 62.65 | 58.50 | 58.52 |
| Days of Inventory Outstanding | 34.33 | 34.23 | 26.93 | 20.10 | 23.05 |
| Days of Payables Outstanding | 63.53 | 64.86 | 50.12 | 43.80 | 37.42 |
| Operating Cycle | 110.55 | 99.63 | 89.58 | 78.60 | 81.58 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 14.62 | 16.39 | 14.42 | 14.55 | 15.08 |
| Free Cash Flow Per Share | -16.90 | -14.16 | -6.39 | 1.37 | 3.96 |
| Dividend Paid and CapEx Coverage Ratio | 0.38 | 0.44 | 0.52 | 0.75 | 0.90 |
| Capital Expenditure Coverage Ratio | 0.46 | 0.54 | 0.69 | 1.10 | 1.36 |
| Operating Cash Flow Coverage Ratio | 0.18 | 0.24 | 0.29 | 0.39 | 0.41 |
| Operating Cash Flow to Sales Ratio | 0.27 | 0.30 | 0.25 | 0.25 | 0.32 |
| Free Cash Flow Yield | -6.20% | -4.75% | -2.25% | 0.59% | 1.55% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -154.08 | 17.31 | 27.39 | 22.90 | 27.04 |
| Price-to-Sales (P/S) Ratio | 5.05 | 5.47 | 5.00 | 4.07 | 5.50 |
| Price-to-Book (P/B) Ratio | 4.04 | 3.89 | 4.40 | 3.93 | 4.19 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -16.14 | -21.03 | -44.36 | 170.12 | 64.66 |
| Price-to-Operating Cash Flow Ratio | 18.66 | 18.17 | 19.65 | 15.99 | 16.98 |
| Price-to-Earnings Growth (PEG) Ratio | 1.40 | 0.26 | 13.85 | 2.21 | 4.07 |
| Enterprise Value Multiple | 57.80 | 12.06 | 16.39 | 13.57 | 15.24 |
| Enterprise Value | 77.31B | 78.27B | 72.41B | 57.28B | 60.50B |
| EV to EBITDA | 57.80 | 12.06 | 16.39 | 13.57 | 15.24 |
| EV to Sales | 6.42 | 6.47 | 5.75 | 4.51 | 5.86 |
| EV to Free Cash Flow | -20.53 | -24.85 | -50.99 | 188.61 | 68.94 |
| EV to Operating Cash Flow | 23.74 | 21.46 | 22.59 | 17.73 | 18.10 |
| Tangible Book Value Per Share | 72.23 | 78.46 | 65.07 | 56.45 | 57.56 |
| Shareholders’ Equity Per Share | 67.44 | 76.57 | 64.39 | 59.21 | 61.10 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.21 | 0.20 | 0.19 | 0.18 | 0.18 |
| Revenue Per Share | 54.03 | 54.38 | 56.68 | 57.20 | 46.58 |
| Net Income Per Share | -1.77 | 17.21 | 10.35 | 10.16 | 9.47 |
| Tax Burden | 0.90 | 0.79 | 0.80 | 0.82 | 0.84 |
| Interest Burden | 1.94 | 0.96 | 0.94 | 0.96 | 0.95 |
| Research & Development to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| SG&A to Revenue | 0.08 | 0.08 | 0.00 | 0.07 | 0.08 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Income Quality | 664.65 | 0.95 | 1.40 | 1.44 | 1.65 |
Currency in USD