Air Products and Chemicals Inc Financial Flexibility Index
Air Products and Chemicals Inc financial flexibility index. Air Products and Chemicals Inc (APD) has a Financial Flexibility Index of 0.09x as of December 2025. Free cash flow of $2.15 Billion (operating CF $900.70 Million minus capex $1.25 Billion) represents 0% of total liabilities ($23.40 Billion). Explore capital reinvestment ratio of Air Products and Chemicals Inc to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Air Products and Chemicals Inc (1989–2025)
Financial flexibility index of Air Products and Chemicals Inc from 1989 to 2025. Historical Financial Flexibility Index trend for Air Products and Chemicals Inc across 37 annual periods. Check APD cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Air Products and Chemicals Inc Financial Flexibility Index by Year (1989–2025)
Air Products and Chemicals Inc financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for Air Products and Chemicals Inc. For the full cash flow conversion analysis, see cash flow conversion of Air Products and Chemicals Inc.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.43x | $10.27 Billion | $3.25 Billion | $23.71 Billion | ▼ -13.3% |
| 2024 | 0.50x | $10.44 Billion | $3.65 Billion | $20.90 Billion | ▲ +4.2% |
| 2023 | 0.48x | $7.83 Billion | $3.21 Billion | $16.34 Billion | ▲ +5.0% |
| 2022 | 0.46x | $6.16 Billion | $3.23 Billion | $13.49 Billion | ▲ +0.4% |
| 2021 | 0.45x | $5.81 Billion | $3.34 Billion | $12.77 Billion | ▲ +0.2% |
| 2020 | 0.45x | $5.77 Billion | $3.26 Billion | $12.73 Billion | ▼ -30.9% |
| 2019 | 0.66x | $4.96 Billion | $2.97 Billion | $7.55 Billion | ▲ +27.8% |
| 2018 | 0.51x | $4.11 Billion | $2.54 Billion | $8.00 Billion | ▲ +63.1% |
| 2017 | 0.31x | $2.61 Billion | $1.57 Billion | $8.28 Billion | ▼ -4.6% |
| 2016 | 0.33x | $3.57 Billion | $2.66 Billion | $10.82 Billion | ▼ -19.0% |
| 2015 | 0.41x | $4.05 Billion | $2.44 Billion | $9.95 Billion | ▲ +7.9% |
| 2014 | 0.38x | $3.87 Billion | $2.19 Billion | $10.26 Billion | ▲ +30.0% |
| 2013 | 0.29x | $3.09 Billion | $1.57 Billion | $10.65 Billion | ▼ -9.8% |
| 2012 | 0.32x | $3.32 Billion | $1.80 Billion | $10.32 Billion | ▼ -13.5% |
| 2011 | 0.37x | $3.10 Billion | $1.75 Billion | $8.35 Billion | ▲ +13.4% |
| 2010 | 0.33x | $2.55 Billion | $1.52 Billion | $7.79 Billion | ▲ +6.1% |
| 2009 | 0.31x | $2.50 Billion | $1.32 Billion | $8.10 Billion | ▼ -17.3% |
| 2008 | 0.37x | $2.76 Billion | $1.68 Billion | $7.40 Billion | ▲ +2.2% |
| 2007 | 0.37x | $2.55 Billion | $1.50 Billion | $6.99 Billion | ▼ -14.8% |
| 2006 | 0.43x | $2.61 Billion | $1.35 Billion | $6.08 Billion | ▲ +5.7% |
| 2005 | 0.41x | $2.31 Billion | $1.38 Billion | $5.68 Billion | ▲ +22.9% |
| 2004 | 0.33x | $1.79 Billion | $1.09 Billion | $5.43 Billion | ▲ +10.2% |
| 2003 | 0.30x | $1.65 Billion | $1.04 Billion | $5.50 Billion | ▼ -14.1% |
| 2002 | 0.35x | $1.69 Billion | $1.06 Billion | $4.85 Billion | ▼ -5.4% |
| 2001 | 0.37x | $1.79 Billion | $1.08 Billion | $4.86 Billion | ▲ +1.3% |
| 2000 | 0.36x | $1.94 Billion | $1.17 Billion | $5.33 Billion | ▼ -5.3% |
| 1999 | 0.38x | $1.98 Billion | $1.09 Billion | $5.15 Billion | ▲ +6.2% |
| 1998 | 0.36x | $1.74 Billion | $973.70 Million | $4.82 Billion | ▼ -12.6% |
| 1997 | 0.41x | $1.90 Billion | $1.03 Billion | $4.60 Billion | ▼ -4.2% |
| 1996 | 0.43x | $1.71 Billion | $756.00 Million | $3.95 Billion | ▼ -6.9% |
| 1995 | 0.46x | $1.59 Billion | $718.00 Million | $3.42 Billion | ▼ -3.5% |
| 1994 | 0.48x | $1.36 Billion | $751.00 Million | $2.83 Billion | ▲ +19.1% |
| 1993 | 0.40x | $1.07 Billion | $584.40 Million | $2.66 Billion | ▼ -5.8% |
| 1992 | 0.43x | $1.03 Billion | $599.20 Million | $2.39 Billion | ▼ -9.1% |
| 1991 | 0.47x | $1.13 Billion | $619.30 Million | $2.39 Billion | ▲ +4.8% |
| 1990 | 0.45x | $995.00 Million | $527.50 Million | $2.21 Billion | ▲ +0.7% |
| 1989 | 0.45x | $858.50 Million | $444.80 Million | $1.92 Billion | — |