Air Products (NYSE: APD) net income
Air Products reported a net loss of $394.5m for fiscal 2025; in fiscal 2024 it reported a net profit of $3,828m. Earnings per share were −$1.77.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | −$394.5m | −110.3% | −3.3% | −$1.77 |
| 2024 | $3,828m | +66.4% | 31.6% | $17.21 |
| 2023 | $2,300m | +2.0% | 18.3% | $10.35 |
| 2022 | $2,256m | +7.5% | 17.8% | $10.16 |
| 2021 | $2,099m | +11.3% | 20.3% | $9.47 |
| 2020 | $1,887m | +7.2% | 21.3% | $8.53 |
| 2019 | $1,760m | +17.5% | 19.7% | $7.99 |
| 2018 | $1,498m | −50.1% | 16.8% | $6.83 |
| 2017 | $3,000m | +375.4% | 36.6% | $13.76 |
| 2016 | $631.1m | — | 8.4% | $2.92 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Air Products
- How much did Air Products earn in fiscal 2025?
- Air Products reported a net loss of $394.5m for fiscal 2025. In fiscal 2024 it reported a net profit of $3,828m.
- What are the earnings per share of Air Products?
- They were −$1.77 in fiscal 2025, compared with $17.21 in fiscal 2024.
- What was the most profitable year for Air Products?
- Of its last 10 fiscal years, fiscal 2024, with $3,828m.
- Where do the figures for Air Products come from?
- From the annual report (Form 10-K) that Air Products files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Air Products files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Air Products: the Air Products page · annual accounts · revenue · dividends paid · insider transactions.
Dividend per share of Air Products by fiscal year, with the filing behind every figure: Air Products dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.