Air Products and Chemicals Inc Cash Flow Quality Index
Air Products and Chemicals Inc cash flow quality index. Air Products and Chemicals Inc (APD) has a Cash Flow Quality Index of 1.33x as of December 2025. Operating cash flow of $900.70 Million exceeds net income of $678.20 Million, indicating high earnings quality where cash backs reported profits. Explore APD operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Air Products and Chemicals Inc (1989–2025)
Cash flow quality index of Air Products and Chemicals Inc from 1989 to 2025. Historical Cash Flow Quality Index for Air Products and Chemicals Inc across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Air Products and Chemicals Inc balance sheet independence to measure how much of total assets are equity-financed.
Air Products and Chemicals Inc Cash Flow Quality Index by Year (1989–2025)
Air Products and Chemicals Inc cash flow quality index by year from 1989 to 2025. Year-by-year earnings quality comparison for Air Products and Chemicals Inc. For the full cash flow conversion analysis, see Air Products and Chemicals Inc cash conversion from operations.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 663.02x | $3.25 Billion | $4.90 Million | ▲ +69754.7% |
| 2024 | 0.95x | $3.65 Billion | $3.84 Billion | ▼ -32.1% |
| 2023 | 1.40x | $3.21 Billion | $2.29 Billion | ▼ -2.9% |
| 2022 | 1.44x | $3.23 Billion | $2.24 Billion | ▼ -12.6% |
| 2021 | 1.65x | $3.34 Billion | $2.03 Billion | ▼ -4.1% |
| 2020 | 1.72x | $3.26 Billion | $1.90 Billion | ▲ +1.8% |
| 2019 | 1.69x | $2.97 Billion | $1.76 Billion | ▼ -3.4% |
| 2018 | 1.75x | $2.54 Billion | $1.46 Billion | ▲ +26.3% |
| 2017 | 1.38x | $1.57 Billion | $1.13 Billion | ▼ -42.9% |
| 2016 | 2.42x | $2.66 Billion | $1.10 Billion | ▲ +26.9% |
| 2015 | 1.91x | $2.44 Billion | $1.28 Billion | ▼ -13.9% |
| 2014 | 2.22x | $2.19 Billion | $987.10 Million | ▲ +42.0% |
| 2013 | 1.56x | $1.57 Billion | $1.00 Billion | ▼ -13.3% |
| 2012 | 1.80x | $1.80 Billion | $999.20 Million | ▲ +29.5% |
| 2011 | 1.39x | $1.75 Billion | $1.26 Billion | ▼ -6.1% |
| 2010 | 1.48x | $1.52 Billion | $1.03 Billion | ▼ -29.6% |
| 2009 | 2.10x | $1.32 Billion | $629.20 Million | ▲ +0.6% |
| 2008 | 2.09x | $1.68 Billion | $803.80 Million | ▲ +44.5% |
| 2007 | 1.45x | $1.50 Billion | $1.04 Billion | ▼ -22.3% |
| 2006 | 1.86x | $1.35 Billion | $723.40 Million | ▼ -3.7% |
| 2005 | 1.93x | $1.38 Billion | $711.70 Million | ▲ +7.5% |
| 2004 | 1.80x | $1.09 Billion | $604.10 Million | ▼ -31.1% |
| 2003 | 2.61x | $1.04 Billion | $397.30 Million | ▲ +28.8% |
| 2002 | 2.02x | $1.06 Billion | $525.40 Million | ▼ -13.0% |
| 2001 | 2.33x | $1.08 Billion | $465.60 Million | ▼ -75.4% |
| 2000 | 9.45x | $1.17 Billion | $124.20 Million | ▲ +291.1% |
| 1999 | 2.42x | $1.09 Billion | $450.50 Million | ▲ +35.7% |
| 1998 | 1.78x | $973.70 Million | $546.80 Million | ▼ -26.0% |
| 1997 | 2.41x | $1.03 Billion | $429.30 Million | ▲ +32.4% |
| 1996 | 1.82x | $756.00 Million | $416.00 Million | ▼ -6.9% |
| 1995 | 1.95x | $718.00 Million | $368.00 Million | ▼ -35.6% |
| 1994 | 3.03x | $751.00 Million | $247.80 Million | ▲ +4.2% |
| 1993 | 2.91x | $584.40 Million | $200.90 Million | ▲ +34.5% |
| 1992 | 2.16x | $599.20 Million | $277.00 Million | ▼ -13.1% |
| 1991 | 2.49x | $619.30 Million | $248.90 Million | ▲ +8.4% |
| 1990 | 2.29x | $527.50 Million | $229.90 Million | ▲ +14.6% |
| 1989 | 2.00x | $444.80 Million | $222.10 Million | — |