Air Products and Chemicals Inc (APD) — Cash Flow Reinvestment Rate
Air Products and Chemicals Inc (APD) has a Cash Flow Reinvestment Rate of 1.39x as of December 2025, reinvesting $1.25 Billion (capex $1.25 Billion ) from operating cash flow of $900.70 Million. Explore APD capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Air Products and Chemicals Inc Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Air Products and Chemicals Inc across 37 annual periods. Also explore Air Products and Chemicals Inc asset portfolio for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Air Products and Chemicals Inc (1989–2025)
Year-by-year capital reinvestment analysis for Air Products and Chemicals Inc. For live market cap and broader valuation context, see APD market cap.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 4.37x | $14.19 Billion | $3.25 Billion | $7.02 Billion | ▲ +36.0% |
| 2024 | 3.21x | $11.72 Billion | $3.65 Billion | $6.80 Billion | ▼ -2.3% |
| 2023 | 3.29x | $10.54 Billion | $3.21 Billion | $4.63 Billion | ▲ +176.2% |
| 2022 | 1.19x | $3.85 Billion | $3.23 Billion | $2.93 Billion | ▼ -23.5% |
| 2021 | 1.56x | $5.20 Billion | $3.34 Billion | $2.46 Billion | ▲ +46.7% |
| 2020 | 1.06x | $3.46 Billion | $3.26 Billion | $2.51 Billion | ▼ -23.3% |
| 2019 | 1.38x | $4.10 Billion | $2.97 Billion | $1.99 Billion | ▲ +96.6% |
| 2018 | 0.70x | $1.79 Billion | $2.54 Billion | $1.57 Billion | ▼ -23.6% |
| 2017 | 0.92x | $1.44 Billion | $1.57 Billion | $1.04 Billion | ▲ +23.8% |
| 2016 | 0.74x | $1.98 Billion | $2.66 Billion | $907.70 Million | ▲ +11.9% |
| 2015 | 0.66x | $1.62 Billion | $2.44 Billion | $1.61 Billion | ▼ -13.9% |
| 2014 | 0.77x | $1.69 Billion | $2.19 Billion | $1.68 Billion | ▼ -20.8% |
| 2013 | 0.97x | $1.53 Billion | $1.57 Billion | $1.52 Billion | ▲ +15.1% |
| 2012 | 0.85x | $1.52 Billion | $1.80 Billion | $1.52 Billion | ▲ +5.8% |
| 2011 | 0.80x | $1.40 Billion | $1.75 Billion | $1.35 Billion | ▲ +18.0% |
| 2010 | 0.68x | $1.03 Billion | $1.52 Billion | $1.03 Billion | ▼ -24.0% |
| 2009 | 0.89x | $1.18 Billion | $1.32 Billion | $1.18 Billion | ▲ +38.0% |
| 2008 | 0.65x | $1.09 Billion | $1.68 Billion | $1.09 Billion | ▼ -8.3% |
| 2007 | 0.70x | $1.05 Billion | $1.50 Billion | $1.05 Billion | ▼ -24.8% |
| 2006 | 0.94x | $1.26 Billion | $1.35 Billion | $1.26 Billion | ▲ +38.7% |
| 2005 | 0.68x | $929.50 Million | $1.38 Billion | $929.50 Million | ▲ +4.0% |
| 2004 | 0.65x | $705.50 Million | $1.09 Billion | $705.50 Million | ▲ +9.8% |
| 2003 | 0.59x | $612.90 Million | $1.04 Billion | $612.90 Million | ▲ +0.3% |
| 2002 | 0.59x | $627.60 Million | $1.06 Billion | $627.60 Million | ▼ -9.7% |
| 2001 | 0.65x | $708.30 Million | $1.08 Billion | $708.30 Million | ▼ -0.1% |
| 2000 | 0.65x | $767.70 Million | $1.17 Billion | $767.70 Million | ▼ -19.9% |
| 1999 | 0.82x | $888.90 Million | $1.09 Billion | $888.90 Million | ▲ +3.1% |
| 1998 | 0.79x | $770.90 Million | $973.70 Million | $770.90 Million | ▼ -6.0% |
| 1997 | 0.84x | $870.20 Million | $1.03 Billion | $870.20 Million | ▼ -33.1% |
| 1996 | 1.26x | $951.00 Million | $756.00 Million | $951.00 Million | ▲ +3.8% |
| 1995 | 1.21x | $870.00 Million | $718.00 Million | $870.00 Million | ▲ +48.9% |
| 1994 | 0.81x | $611.10 Million | $751.00 Million | $611.10 Million | ▼ -3.1% |
| 1993 | 0.84x | $490.60 Million | $584.40 Million | $490.60 Million | ▲ +17.7% |
| 1992 | 0.71x | $427.50 Million | $599.20 Million | $427.50 Million | ▼ -12.7% |
| 1991 | 0.82x | $506.40 Million | $619.30 Million | $506.40 Million | ▼ -7.7% |
| 1990 | 0.89x | $467.50 Million | $527.50 Million | $467.50 Million | ▼ -4.7% |
| 1989 | 0.93x | $413.70 Million | $444.80 Million | $413.70 Million | — |