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Air Products

Air Products (NYSE: APD) revenue

Air Products reported revenue of $12,037m for fiscal 2025, 0.5% less than in fiscal 2024 ($12,101m). Since fiscal 2016 its revenue has grown by 60.4%, an average growth of 5.4% a year.

Revenue, in millions of US dollars7,50420168,18820178,93020188,91920198,856202010,323202112,699202212,600202312,101202412,0372025

Revenue by fiscal year

Fiscal yearRevenueChangeOperating profitOperating margin
2025$12,037m−0.5%−$877.0m−7.3%
2024$12,101m−4.0%$4,466m36.9%
2023$12,600m−0.8%$2,495m19.8%
2022$12,699m+23.0%$2,339m18.4%
2021$10,323m+16.6%$2,281m22.1%
2020$8,856m−0.7%$2,238m25.3%
2019$8,919m−0.1%$2,144m24.0%
2018$8,930m+9.1%$1,966m22.0%
2017$8,188m+9.1%$1,440m17.6%
2016$7,504m—$1,535m20.5%

The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the revenue of Air Products

How much revenue did Air Products make in fiscal 2025?
Air Products reported revenue of $12,037m for fiscal 2025, compared with $12,101m in fiscal 2024.
How much has the revenue of Air Products grown?
Between fiscal 2016 and fiscal 2025 it went from $7,504m to $12,037m: 60.4% more, an average growth of 5.4% a year.
What was the best year for revenue at Air Products?
Of its last 10 fiscal years, fiscal 2022, with $12,699m.
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 · net income · 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.