Air Products and Chemicals Inc (APD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Air Products and Chemicals Inc (APD) has a cash flow conversion efficiency ratio of 0.050x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($900.70 Million) by net assets ($17.84 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is Air Products and Chemicals Inc worth for the company's overall valuation and market capitalisation.
Air Products and Chemicals Inc - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how Air Products and Chemicals Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Air Products and Chemicals Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Air Products and Chemicals Inc ranked by their cash flow conversion efficiency. Explore how high is Air Products and Chemicals Inc's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Transdigm Group Incorporated
NYSE:TDG
|
-0.014x |
|
TC Energy Corp
TO:TRP
|
0.070x |
|
ENGIE ADR/1 EO 1
F:GZFB
|
N/A |
|
Crowdstrike Holdings Inc
NASDAQ:CRWD
|
0.111x |
|
NetEase Inc
F:NEH
|
0.080x |
|
Société Générale Société anonyme
F:SGE1
|
N/A |
|
Credit Agricole SA
PA:ACA
|
-0.216x |
|
United Microelectronics Corporation
TW:2303
|
0.054x |
Annual Cash Flow Conversion Efficiency for Air Products and Chemicals Inc (1989–2025)
The table below shows the annual cash flow conversion efficiency of Air Products and Chemicals Inc from 1989 to 2025. View Air Products and Chemicals Inc (APD) share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | $17.35 Billion | $3.25 Billion | 0.187x | -4.11% |
| 2024-09-30 | $18.67 Billion | $3.65 Billion | 0.195x | -4.62% |
| 2023-09-30 | $15.66 Billion | $3.21 Billion | 0.205x | -13.15% |
| 2022-09-30 | $13.70 Billion | $3.23 Billion | 0.236x | -0.62% |
| 2021-09-30 | $14.09 Billion | $3.34 Billion | 0.237x | -9.59% |
| 2020-09-30 | $12.44 Billion | $3.26 Billion | 0.262x | +0.61% |
| 2019-09-30 | $11.39 Billion | $2.97 Billion | 0.261x | +14.66% |
| 2018-09-30 | $11.18 Billion | $2.54 Billion | 0.227x | +47.75% |
| 2017-09-30 | $10.19 Billion | $1.57 Billion | 0.154x | -58.27% |
| 2016-09-30 | $7.21 Billion | $2.66 Billion | 0.369x | +11.68% |
| 2015-09-30 | $7.38 Billion | $2.44 Billion | 0.330x | +13.58% |
| 2014-09-30 | $7.52 Billion | $2.19 Billion | 0.291x | +33.55% |
| 2013-09-30 | $7.20 Billion | $1.57 Billion | 0.218x | -19.82% |
| 2012-09-30 | $6.62 Billion | $1.80 Billion | 0.272x | -8.02% |
| 2011-09-30 | $5.94 Billion | $1.75 Billion | 0.295x | +10.49% |
| 2010-09-30 | $5.70 Billion | $1.52 Billion | 0.267x | -0.43% |
| 2009-09-30 | $4.93 Billion | $1.32 Billion | 0.268x | -17.45% |
| 2008-09-30 | $5.17 Billion | $1.68 Billion | 0.325x | +23.15% |
| 2007-09-30 | $5.67 Billion | $1.50 Billion | 0.264x | +0.04% |
| 2006-09-30 | $5.10 Billion | $1.35 Billion | 0.264x | -9.35% |
| 2005-09-30 | $4.73 Billion | $1.38 Billion | 0.291x | +23.65% |
| 2004-09-30 | $4.61 Billion | $1.09 Billion | 0.235x | -10.72% |
| 2003-09-30 | $3.93 Billion | $1.04 Billion | 0.264x | -9.67% |
| 2002-09-30 | $3.64 Billion | $1.06 Billion | 0.292x | -13.19% |
| 2001-09-30 | $3.22 Billion | $1.08 Billion | 0.336x | -15.89% |
| 2000-09-30 | $2.94 Billion | $1.17 Billion | 0.400x | +13.40% |
| 1999-09-30 | $3.09 Billion | $1.09 Billion | 0.353x | -3.43% |
| 1998-09-30 | $2.67 Billion | $973.70 Million | 0.365x | -6.45% |
| 1997-09-30 | $2.65 Billion | $1.03 Billion | 0.390x | +32.86% |
| 1996-09-30 | $2.57 Billion | $756.00 Million | 0.294x | -1.91% |
| 1995-09-30 | $2.40 Billion | $718.00 Million | 0.299x | -12.03% |
| 1994-09-30 | $2.21 Billion | $751.00 Million | 0.340x | +22.42% |
| 1993-09-30 | $2.10 Billion | $584.40 Million | 0.278x | -2.66% |
| 1992-09-30 | $2.10 Billion | $599.20 Million | 0.286x | -15.07% |
| 1991-09-30 | $1.84 Billion | $619.30 Million | 0.336x | +7.65% |
| 1990-09-30 | $1.69 Billion | $527.50 Million | 0.312x | +1.49% |
| 1989-09-30 | $1.44 Billion | $444.80 Million | 0.308x | -- |
About Air Products and Chemicals Inc
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in… Read more