Air Products and Chemicals (APD) Revenue & Revenue Breakdown

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Air Products and Chemicals Revenue Highlights

Latest Revenue (Y)

$12.10B

Latest Revenue (Q)

$3.02B

Main Segment (Y)

On-site

Main Geography (Y)

Americas Segment

Air Products and Chemicals Revenue by Period

Air Products and Chemicals Revenue by Year

Date	Revenue	Change
2024-09-30	$12.10B	-3.96%
2023-09-30	$12.60B	-0.78%
2022-09-30	$12.70B	23.01%
2021-09-30	$10.32B	16.56%
2020-09-30	$8.86B	-0.70%
2019-09-30	$8.92B	-0.13%
2018-09-30	$8.93B	9.07%
2017-09-30	$8.19B	9.11%
2016-09-30	$7.50B	-24.17%
2015-09-30	$9.89B	-5.21%
2014-09-30	$10.44B	2.54%
2013-09-30	$10.18B	5.92%
2012-09-30	$9.61B	-4.66%
2011-09-30	$10.08B	11.70%
2010-09-30	$9.03B	9.32%
2009-09-30	$8.26B	-20.72%
2008-09-30	$10.41B	3.75%
2007-09-30	$10.04B	13.42%
2006-09-30	$8.85B	8.68%
2005-09-30	$8.14B	9.88%
2004-09-30	$7.41B	17.69%
2003-09-30	$6.30B	16.59%
2002-09-30	$5.40B	-5.53%
2001-09-30	$5.72B	4.57%
2000-09-30	$5.47B	8.90%
1999-09-30	$5.02B	2.06%
1998-09-30	$4.92B	6.06%
1997-09-30	$4.64B	15.71%
1996-09-30	$4.01B	3.70%
1995-09-30	$3.87B	10.89%
1994-09-30	$3.49B	4.74%
1993-09-30	$3.33B	-

Air Products and Chemicals generated $12.10B in revenue during NA 2024, up -3.96% compared to the previous quarter, and up 135.67% compared to the same period a year ago.

Air Products and Chemicals Revenue by Quarter

Date	Revenue	Change
2025-06-30	$3.02B	3.65%
2025-03-31	$2.92B	-0.52%
2024-12-31	$2.93B	-8.03%
2024-09-30	$3.19B	6.77%
2024-06-30	$2.99B	1.88%
2024-03-31	$2.93B	-2.23%
2023-12-31	$3.00B	-6.09%
2023-09-30	$3.19B	5.19%
2023-06-30	$3.03B	-5.19%
2023-03-31	$3.20B	0.80%
2022-12-31	$3.17B	-11.07%
2022-09-30	$3.57B	11.94%
2022-06-30	$3.19B	8.29%
2022-03-31	$2.95B	-1.64%
2021-12-31	$2.99B	5.39%
2021-09-30	$2.84B	9.08%
2021-06-30	$2.60B	4.10%
2021-03-31	$2.50B	5.34%
2020-12-31	$2.38B	2.37%
2020-09-30	$2.32B	12.34%
2020-06-30	$2.07B	-6.82%
2020-03-31	$2.22B	-1.70%
2019-12-31	$2.25B	-1.25%
2019-09-30	$2.28B	2.66%
2019-06-30	$2.22B	1.66%
2019-03-31	$2.19B	-1.63%
2018-12-31	$2.22B	-3.26%
2018-09-30	$2.30B	1.77%
2018-06-30	$2.26B	4.79%
2018-03-31	$2.16B	-2.75%
2017-12-31	$2.22B	0.61%
2017-09-30	$2.20B	3.83%
2017-06-30	$2.12B	7.16%
2017-03-31	$1.98B	5.18%
2016-12-31	$1.88B	-23.57%
2016-09-30	$2.46B	1.17%
2016-06-30	$2.43B	7.19%
2016-03-31	$2.27B	-3.59%
2015-12-31	$2.36B	-3.82%
2015-09-30	$2.45B	-0.84%
2015-06-30	$2.47B	2.31%
2015-03-31	$2.41B	-5.71%
2014-12-31	$2.56B	-4.34%
2014-09-30	$2.68B	1.61%
2014-06-30	$2.63B	2.04%
2014-03-31	$2.58B	1.43%
2013-12-31	$2.55B	-1.59%
2013-09-30	$2.59B	1.54%
2013-06-30	$2.55B	2.54%
2013-03-31	$2.48B	-3.05%
2012-12-31	$2.56B	-1.67%
2012-09-30	$2.61B	11.35%
2012-06-30	$2.34B	-0.18%
2012-03-31	$2.34B	-3.25%
2011-12-31	$2.42B	-7.20%
2011-09-30	$2.61B	1.30%
2011-06-30	$2.58B	3.06%
2011-03-31	$2.50B	4.58%
2010-12-31	$2.39B	1.72%
2010-09-30	$2.35B	4.39%
2010-06-30	$2.25B	0.15%
2010-03-31	$2.25B	3.47%
2009-12-31	$2.17B	2.08%
2009-09-30	$2.13B	7.75%
2009-06-30	$1.98B	1.06%
2009-03-31	$1.96B	-10.93%
2008-12-31	$2.20B	-13.15%
2008-09-30	$2.53B	-9.99%
2008-06-30	$2.81B	7.78%
2008-03-31	$2.61B	-

Air Products and Chemicals generated $3.02B in revenue during Q3 2025, up 3.65% compared to the previous quarter, and up 103.16% compared to the same period a year ago.

Air Products and Chemicals Revenue Breakdown

Air Products and Chemicals Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Sep 24	Sep 23	Sep 22	Sep 21	Sep 20
On-site	$5.89B	-	-	-	-
Merchant	$5.33B	-	-	-	-
Sale of Equipment	$878.40M	-	-	-	-
Corporate and Other	-	$889.00M	$970.80M	$278.70M	$217.90M
Americas Segment	-	$5.37B	-	-	-
Asia Segment	-	$3.22B	-	-	-
Middle East and India	-	$162.50M	-	-	-
Europe Segment	-	$2.96B	-	-	-
Industrial Gases EMEA	-	-	-	$2.44B	$1.93B
Industrial Gases Global	-	-	-	$511.00M	$364.90M

Air Products and Chemicals's latest annual revenue breakdown by segment (product or service), as of Sep 24: On-site (48.70%), Merchant (44.04%), and Sale of Equipment (7.26%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Merchant	$1.34B	$1.27B	$1.35B	$4.00B	$1.33B	$1.32B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
On-site	$1.54B	$1.55B	$1.49B	$4.47B	$1.42B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of Equipment	$142.90M	$94.70M	$96.80M	$643.40M	$235.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Middle East And India Segment	-	-	-	-	-	$35.70M	$35.40M	-	-	-	-	-	-	-	-	-	-	-	-	-
Europe Segment	-	-	-	-	-	$667.90M	$731.20M	-	-	-	-	-	-	-	-	-	-	-	-	-
Asia Segment	-	-	-	-	-	$779.70M	$793.80M	-	-	-	-	-	-	-	-	-	-	-	-	-
Americas Segment	-	-	-	-	-	$1.25B	$1.25B	-	-	-	-	-	-	-	-	-	-	-	-	-
Corporate and Other	-	-	-	-	-	$201.10M	$184.90M	-	$204.00M	$215.40M	$179.40M	$262.60M	$246.60M	$239.80M	$221.80M	$88.40M	$67.20M	$65.90M	$57.20M	$73.60M
Industrial Gases Global	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$209.50M	$99.10M	$97.90M	$104.50M	$115.40M
Industrial Gases EMEA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$674.00M	$623.30M	$584.60M	$563.00M	$505.20M

Air Products and Chemicals's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: On-site (51.07%), Merchant (44.20%), and Sale of Equipment (4.73%).

Air Products and Chemicals Revenue Breakdown by Country

Annual Revenue by Country

Country	Sep 24	Sep 23	Sep 22	Sep 21	Sep 20
Europe Segment	$2.82B	$2.96B	-	-	-
Americas Segment	$5.04B	$5.37B	-	-	-
Asia Segment	$3.22B	$3.22B	-	-	-
Middle East And India Segment	$134.40M	$162.50M	-	-	-
Middle East and India	-	$162.50M	-	-	-
Other Foreign Operations	-	-	$5.48B	$4.60B	$3.78B
CHINA	-	-	$1.99B	$1.83B	$1.72B
UNITED STATES	-	-	$5.23B	$3.90B	$3.36B

Air Products and Chemicals's latest annual revenue breakdown by geography, as of Sep 24: Americas Segment (44.91%), Asia Segment (28.73%), Europe Segment (25.16%), and Middle East And India Segment (1.20%).

Quarterly Revenue by Country

Country	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Europe Segment	$770.50M	$727.40M	$697.20M	$730.90M	$693.40M	$667.90M	$731.20M	-	$706.60M	$752.90M	$791.90M	$863.70M	$739.60M	$738.60M	$744.20M	-	-	-	-	-
Middle East And India Segment	$38.30M	$32.80M	$32.80M	$30.50M	$32.80M	$35.70M	$35.40M	$39.70M	$44.80M	$41.40M	$35.40M	$28.90M	$23.70M	-	-	-	-	-	-	-
Americas Segment	$1.26B	$1.29B	$1.29B	$1.31B	$1.23B	$1.25B	$1.25B	-	$1.26B	$1.37B	$1.38B	$1.54B	$1.42B	$1.19B	$1.22B	-	-	-	-	-
Asia Segment	$810.00M	$774.10M	$817.10M	$861.20M	$789.60M	$779.70M	$793.80M	-	$822.90M	$813.90M	$777.80M	$860.30M	$751.40M	$751.20M	$780.40M	-	-	-	-	-
Industrial Gases Asia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$754.00M	$751.80M	$697.50M	$717.50M	$713.70M
Industrial Gases EMEA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$674.00M	$623.30M	$584.60M	$563.00M	$505.20M
Industrial Gases Americas	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.12B	$1.06B	$1.06B	$933.00M	$912.20M

Air Products and Chemicals's latest quarterly revenue breakdown by geography, as of Jun 25: Americas Segment (43.79%), Asia Segment (28.13%), Europe Segment (26.76%), and Middle East And India Segment (1.33%).

Air Products and Chemicals Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BHP	BHP Group	$53.82B	$27.23B
VALE	Vale	$41.78B	$9.55B
FCX	Freeport-McMoRan	$25.45B	$7.58B
SHW	Sherwin-Williams	$23.10B	$6.36B
CTVA	Corteva	$16.91B	$6.46B
ECL	Ecolab	$15.74B	$4.03B
APD	Air Products and Chemicals	$12.10B	$3.02B
MLM	Martin Marietta Materials	$6.54B	$1.81B
WPM	Wheaton Precious Metals	$1.03B	$295.48M

APD Revenue FAQ

What is Air Products and Chemicals’s yearly revenue?

Air Products and Chemicals's yearly revenue for 2024 was $12.1B, representing a decrease of -3.96% compared to 2023. The company's yearly revenue for 2023 was $12.6B, representing a decrease of -0.78% compared to 2022. APD's yearly revenue for 2022 was $12.7B, representing an increase of 23.01% compared to 2021.

What is Air Products and Chemicals’s quarterly revenue?

Air Products and Chemicals's quarterly revenue for Q3 2025 was $3.02B, a 3.65% increase from the previous quarter (Q2 2025), and a 1.25% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $2.92B, a -0.52% decrease from the previous quarter (Q1 2025), and a -0.48% decrease year-over-year (Q2 2024). APD's quarterly revenue for Q1 2025 was $2.93B, a -8.03% decrease from the previous quarter (Q4 2024), and a -2.19% decrease year-over-year (Q1 2024).

What is Air Products and Chemicals’s revenue growth rate?

Air Products and Chemicals's revenue growth rate for the last 3 years (2022-2024) was -4.71%, and for the last 5 years (2020-2024) was 36.63%.

What are Air Products and Chemicals’s revenue streams?

Air Products and Chemicals's revenue streams in p 24 are On-site, Merchant, and Sale of Equipment. On-site generated $5.89B in revenue, accounting 48.70% of the company's total revenue Merchant generated $5.33B in revenue, accounting 44.04% of the company's total revenue Sale of Equipment generated $878.4M in revenue, accounting 7.26% of the company's total revenue

What is Air Products and Chemicals’s main source of revenue?

For the fiscal year ending Sep 24, the largest source of revenue of Air Products and Chemicals was On-site. This segment made a revenue of $5.89B, representing 48.70% of the company's total revenue.