← Air Products & Chemicals, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $631.1m |
$3.0b
+375.42%
|
$1.5b
-50.08%
|
$1.8b
+17.51%
|
$1.9b
+7.20%
|
$2.1b
+11.26%
|
$2.3b
+7.48%
|
$2.3b
+1.95%
|
$3.8b
+66.43%
|
($394.5m)
-110.31%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $661.5m | $3.0b | $1.5b | $1.8b | $1.9b | $2.1b | $2.3b | $2.3b | $3.9b | ($354.4m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $30.4m | $20.8m | $35.1m | $49.4m | $44.4m | $15.8m | $10.4m | $38.4m | $34.2m | $40.1m | — | |
| Depreciation, Depletion and Amortization | $925.9m | $865.8m | $970.7m | $1.1b | $1.2b | $1.3b | $1.3b | $1.4b | $1.5b | $1.6b | $1.5b | |
| Amortization of Intangible Assets | $32.9m | $22.6m | $30.0m | $33.1m | $34.5m | $37.2m | $35.5m | $32.5m | $31.5m | $37.3m | — | |
| Depreciation | $893.0m | $843.2m | $940.7m | $1.0b | $1.2b | $1.3b | $1.3b | $1.3b | $1.4b | $1.5b | $1.5b | |
| Deferred Income Tax Expense (Benefit) | $62.9m | ($38.0m) | ($55.4m) | $57.6m | $165.0m | $94.0m | $32.3m | ($24.7m) | ($69.3m) | ($554.8m) | ($569.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $37.6m | $39.9m | $38.8m | $41.2m | $53.5m | $44.5m | $48.4m | $59.9m | $61.8m | $76.4m | $49.4m | |
| Share-based Payment Arrangement, Expense | $37.6m | $40.7m | $38.8m | $41.2m | $55.8m | $44.5m | $49.5m | $60.7m | $61.7m | $76.6m | $49.4m | |
| Equity Method Investment, Other than Temporary Impairment | — | $79.5m | $0 | $0 | — | — | $14.8m | — | — | $6.8m | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($7.3m) | ($24.3m) | ($6.9m) | ($29.0m) | $0 | ($23.2m) | $0 | $0 | ($31.4m) | ($66.4m) | — | |
| Goodwill and Intangible Asset Impairment | $0 | $162.1m | $0 | $0 | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | $145.3m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $148.6m | $80.1m | $174.8m | $215.4m | $264.8m | $294.1m | $481.5m | $604.3m | $647.7m | $647.7m | — | |
| Other Nonoperating Income (Expense) | — | $29.0m | $5.1m | $66.7m | $30.7m | $73.7m | $62.4m | ($39.0m) | ($73.8m) | $2.6m | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $51.8m | $60.1m | $52.3m | $75.8m | $161.9m | $138.2m | $214.7m | $261.2m | $206.0m | $269.8m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $61.7m | $73.6m | $42.8m | $69.0m | ($43.2m) | $130.5m | $475.2m | ($130.7m) | $111.0m | $36.3m | $80.3m | |
| Increase (Decrease) in Inventories | ($32.9m) | ($6.4m) | $64.2m | $3.0m | $5.2m | $47.2m | $94.3m | $129.4m | $137.8m | $35.8m | $19.7m | |
| Gain (Loss) on Disposition of Other Assets | $10.1m | $24.3m | $6.9m | — | — | — | — | — | — | — | — | |
| Other Operating Income (Expense), Net | $14.9m | $17.4m | $8.8m | — | — | — | — | — | — | — | — | |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.1b | $1.0b | $1.6b | $2.0b | $2.5b | $2.5b | $2.9b | $4.6b | $6.8b | $7.0b | ($4.9b) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | $33.8m | $0 | $0 | — | — | — | $3.5b | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | $12.2m | — | — | — | — | — | — | — | — | $3.5b | |
| Gain (Loss) on Sale of Investments | ($7.3m) | ($24.3m) | ($6.9m) | ($24.2m) | ($45.8m) | ($37.2m) | ($24.1m) | ($15.8m) | $31.4m | $66.4m | — | |
| Payments to Acquire Investments | — | $2.7b | $530.3m | $172.1m | $2.9b | $2.1b | $1.6b | — | — | — | $0 | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $8.2m | $345.4m | $123.2m | $183.3m | $10.5m | $65.1m | $0 | $0 | $59.9m | ($133.8m) | |
| Payments for (Proceeds from) Other Investing Activities | $1.7m | $2.3m | $2.0m | $14.3m | ($3.9m) | ($5.8m) | ($7.0m) | ($4.8m) | ($72.4m) | ($115.4m) | — | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $485.0m | $483.9m | $418.7m | $428.6m | $406.6m | $462.9m | $400.0m | $615.4m | $486.2m | $429.9m | ($712.6m) | |
| Gain (Loss) on Extinguishment of Debt | ($6.9m) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Long-term Debt | $960.4m | $2.4m | $500k | $0 | $4.9b | $178.9m | $766.2m | $3.5b | $4.7b | $4.4b | $1.1b | |
| Payments of Ordinary Dividends, Common Stock | $721.2m | $787.9m | $897.8m | $994.0m | $1.1b | $1.3b | $1.4b | $1.5b | $1.6b | $1.6b | ($1.6b) | |
| Dividends Payable, Current | — | — | — | — | — | — | $359.4m | $388.9m | $393.6m | $398.4m | — | |
| Dividends Payable | $186.9m | $207.5m | $241.5m | $255.7m | $296.2m | $332.1m | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($43.9m) | ($41.3m) | ($41.5m) | ($19.9m) | ($80.1m) | ($28.4m) | ($41.7m) | ($205.8m) | ($132.5m) | ($91.3m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $7.5m | $13.4m | ($33.9m) | ($542.6m) | $3.0b | ($784.1m) | ($1.8b) | ($1.1b) | $1.4b | ($1.1b) | $980.4m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $7.5m | $13.4m | ($33.9m) | ($28.6m) | $14.9m | $27.8m | ($130.3m) | $6.5m | $19.8m | ($7.0m) | $100k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $121.1m | $125.9m | $123.1m | $155.9m | $67.2m | $150.4m | $128.5m | $131.5m | $198.2m | $192.2m | — | |
| Income Taxes Paid, Net | $440.8m | $1.3b | $372.0m | $324.3m | $379.9m | $383.8m | $369.2m | $645.2m | $615.9m | $940.7m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $5.4m | $5.8m | $7.2m | $8.7m | $9.5m | $10.5m | $11.1m | $11.4m | $12.0m | $13.0m | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($6.4m) | ($10.5m) | ($48.5m) | ($5.0m) | — | — | — | — | — | — | — | |
| Environmental Remediation Expense | $27.0m | $11.4m | $12.8m | $14.2m | $18.3m | $18.6m | $22.3m | $24.9m | $27.0m | $37.7m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($5.8m) | $4.3m | ($3.9m) | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | $24.3m | $6.9m | $24.2m | $45.8m | $37.2m | $24.1m | $15.8m | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | $1.6b | $67.3m | — | |
| Goodwill | $1.2b | $721.5m | $788.9m | $797.1m | $891.5m | $911.5m | $823.0m | $861.7m | $905.1m | $963.9m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $1.5b | $1.1b | $1.5b | $1.8b | $1.9b | $2.0b | $2.2b | $2.3b | $3.8b | ($386.5m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $1.5b | $1.2b | $1.5b | $1.8b | $1.9b | $2.0b | $2.3b | $2.3b | $3.9b | ($346.4m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($884.2m) | $1.9b | $42.2m | $0 | ($14.3m) | $70.3m | $12.6m | $7.4m | ($13.9m) | ($8.0m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($884.2m) | $1.9b | $42.2m | $0 | ($14.3m) | $70.3m | $12.6m | $7.4m | ($13.9m) | ($8.0m) | — | |
| Income Tax Expense (Benefit) | $586.5m | $260.9m | $524.3m | $480.1m | $478.4m | $462.8m | $500.8m | $551.2m | $944.9m | ($94.3m) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $218.8m | $214.0m | — | |
| Operating Lease, Expense | — | — | — | — | $80.1m | $89.5m | $105.3m | $109.9m | $122.4m | $124.0m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $36.0m | ($24.2m) | $30.4m | ($12.3m) | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | $136.6m | $21.0m | $234.9m | $428.5m | $594.6m | — | |
| Proceeds from Stock Options Exercised | $141.3m | $68.4m | $76.2m | $68.1m | $34.1m | $10.6m | $19.3m | $24.0m | $7.9m | $1.1m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.