Air Products and Chemicals Past Earnings Performance
Past criteria checks 5/6
Air Products and Chemicals has been growing earnings at an average annual rate of 9.5%, while the Chemicals industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 8.7% per year. Air Products and Chemicals's return on equity is 20.8%, and it has net margins of 31.8%.
Key information
9.5%
Earnings growth rate
9.3%
EPS growth rate
| Chemicals Industry Growth | 12.4% |
| Revenue growth rate | 8.7% |
| Return on equity | 20.8% |
| Net Margin | 31.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Air Products and Chemicals makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 12,101 | 3,842 | 1,043 | 100 |
| 30 Jun 24 | 12,104 | 2,564 | 1,008 | 103 |
| 31 Mar 24 | 12,153 | 2,463 | 1,043 | 105 |
| 31 Dec 23 | 12,423 | 2,330 | 1,052 | 107 |
| 30 Sep 23 | 12,600 | 2,293 | 1,043 | 106 |
| 30 Jun 23 | 12,979 | 2,178 | 995 | 112 |
| 31 Mar 23 | 13,134 | 2,165 | 943 | 108 |
| 31 Dec 22 | 12,879 | 2,255 | 884 | 104 |
| 30 Sep 22 | 12,699 | 2,244 | 851 | 103 |
| 30 Jun 22 | 11,970 | 2,232 | 825 | 98 |
| 31 Mar 22 | 11,385 | 2,175 | 810 | 96 |
| 31 Dec 21 | 10,942 | 2,118 | 784 | 93 |
| 30 Sep 21 | 10,323 | 2,029 | 745 | 94 |
| 30 Jun 21 | 9,802 | 1,957 | 746 | 95 |
| 31 Mar 21 | 9,263 | 1,878 | 720 | 92 |
| 31 Dec 20 | 8,977 | 1,897 | 723 | 90 |
| 30 Sep 20 | 8,856 | 1,901 | 731 | 84 |
| 30 Jun 20 | 8,819 | 1,917 | 719 | 80 |
| 31 Mar 20 | 8,978 | 1,959 | 737 | 78 |
| 31 Dec 19 | 8,950 | 1,888 | 735 | 76 |
| 30 Sep 19 | 8,919 | 1,760 | 736 | 73 |
| 30 Jun 19 | 8,935 | 1,710 | 739 | 70 |
| 31 Mar 19 | 8,970 | 1,652 | 742 | 67 |
| 31 Dec 18 | 8,938 | 1,648 | 747 | 65 |
| 30 Sep 18 | 8,930 | 1,456 | 801 | 65 |
| 30 Jun 18 | 8,834 | 1,477 | 762 | 57 |
| 31 Mar 18 | 8,697 | 1,150 | 759 | 57 |
| 31 Dec 17 | 8,522 | 1,038 | 742 | 57 |
| 30 Sep 17 | 8,188 | 1,134 | 630 | 58 |
| 30 Jun 17 | 7,930 | 950 | 701 | 62 |
| 31 Mar 17 | 7,723 | 1,096 | 686 | 66 |
| 31 Dec 16 | 7,520 | 1,070 | 676 | 70 |
| 30 Sep 16 | 7,504 | 1,100 | 689 | 72 |
| 30 Jun 16 | 8,008 | 1,156 | 710 | 87 |
| 31 Mar 16 | 8,563 | 1,226 | 783 | 101 |
| 31 Dec 15 | 9,200 | 1,241 | 855 | 119 |
| 30 Sep 15 | 7,824 | 933 | 773 | 76 |
| 30 Jun 15 | 10,123 | 1,041 | 982 | 145 |
| 31 Mar 15 | 10,287 | 1,035 | 1,013 | 146 |
| 31 Dec 14 | 10,454 | 1,025 | 1,037 | 143 |
| 30 Sep 14 | 10,439 | 995 | 1,055 | 140 |
| 30 Jun 14 | 10,349 | 1,035 | 1,087 | 135 |
| 31 Mar 14 | 10,261 | 1,009 | 1,086 | 135 |
| 31 Dec 13 | 10,164 | 1,014 | 1,089 | 134 |
Quality Earnings: AP3 has a high level of non-cash earnings.
Growing Profit Margin: AP3's current net profit margins (31.8%) are higher than last year (18.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AP3's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: AP3's earnings growth over the past year (67.6%) exceeds its 5-year average (9.5% per year).
Earnings vs Industry: AP3 earnings growth over the past year (67.6%) exceeded the Chemicals industry 7.2%.
Return on Equity
High ROE: AP3's Return on Equity (20.8%) is considered high.