Air Products and Chemicals, Inc.
APD · NYSE
9/30/2025 | 9/30/2024 | 9/30/2023 | 9/30/2022 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $5 | $3,842 | $2,293 | $2,244 |
| Dep. & Amort. | $1,564 | $1,451 | $1,358 | $1,338 |
| Deferred Tax | -$555 | -$69 | -$25 | $32 |
| Stock-Based Comp. | $76 | $62 | $60 | $48 |
| Change in WC | -$852 | -$183 | -$425 | -$116 |
| Other Non-Cash | $3,010 | -$1,456 | -$55 | -$316 |
| Operating Cash Flow | $3,257 | $3,647 | $3,206 | $3,230 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$7,023 | -$6,797 | -$4,626 | -$2,927 |
| Net Acquisitions | $773 | $0 | $260 | -$1,724 |
| Inv. Purchases | -$508 | -$141 | -$1,552 | -$1,638 |
| Inv. Sales/Matur. | $123 | $471 | $897 | $2,377 |
| Other Inv. Act. | $54 | $1,548 | -$660 | $53 |
| Investing Cash Flow | -$6,581 | -$4,919 | -$5,681 | -$3,857 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $3,882 | $3,902 | $3,169 | $384 |
| Stock Issued | $1 | $8 | $24 | $19 |
| Stock Repurch. | $0 | $0 | $0 | $0 |
| Dividends Paid | -$1,584 | -$1,565 | -$1,497 | -$1,383 |
| Other Fin. Act. | -$91 | $270 | -$322 | -$21 |
| Financing Cash Flow | $2,208 | $2,615 | $1,375 | -$1,001 |
| Forex Effect | $1 | $20 | $7 | -$130 |
| Net Chg. in Cash | -$1,124 | $1,363 | -$1,094 | -$1,758 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $2,980 | $1,617 | $2,711 | $4,469 |
| End Cash | $1,856 | $2,980 | $1,617 | $2,711 |
| Free Cash Flow | -$3,766 | -$3,150 | -$1,420 | $304 |