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.
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. Read Air Products and Chemicals Inc debt and liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Apollo Global Management LLC Class A
NYSE:APO
|
0.066x |
|
Rheinmetall AG
F:RHM
|
0.015x |
|
Baker Hughes Co
NASDAQ:BKR
|
0.087x |
|
Bajaj Finance Limited
NSE:BAJFINANCE
|
-0.280x |
|
Valero Energy Corporation
NYSE:VLO
|
0.079x |
|
NetEase Inc
F:NEH
|
0.080x |
|
Atlas Copco AB Series A
ST:ATCO-A
|
0.063x |
|
Motorola Solutions Inc
NYSE:MSI
|
0.340x |
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. For the full company profile with market capitalisation and key ratios, see how much is Air Products and Chemicals Inc worth.
| 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