Air Products and Chemicals Inc Free Cash Flow Generation Index
Air Products and Chemicals Inc free cash flow generation index. Air Products and Chemicals Inc (APD) has a Free Cash Flow Generation Index of -0.39x as of December 2025. Free cash flow of $-350.50 Million represents 0% of operating cash flow ($900.70 Million). Check APD asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Air Products and Chemicals Inc (1989–2025)
Free cash flow generation index of Air Products and Chemicals Inc from 1989 to 2025. Historical FCF Generation Index trend for Air Products and Chemicals Inc across 37 annual periods. Explore Air Products and Chemicals Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Air Products and Chemicals Inc Free Cash Flow Generation Index by Year (1989–2025)
Air Products and Chemicals Inc free cash flow generation index by year from 1989 to 2025. Year-by-year Free Cash Flow Generation Index for Air Products and Chemicals Inc. For the full cash flow conversion analysis, see cash efficiency ratio of Air Products and Chemicals Inc.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -1.16x | $-3.77 Billion | $3.25 Billion | $7.02 Billion | ▼ -34.2% |
| 2024 | -0.86x | $-3.15 Billion | $3.65 Billion | $6.80 Billion | ▼ -95.0% |
| 2023 | -0.44x | $-1.42 Billion | $3.21 Billion | $4.63 Billion | ▼ -571.1% |
| 2022 | 0.09x | $303.70 Million | $3.23 Billion | $2.93 Billion | ▼ -64.2% |
| 2021 | 0.26x | $877.70 Million | $3.34 Billion | $2.46 Billion | ▲ +13.5% |
| 2020 | 0.23x | $755.70 Million | $3.26 Billion | $2.51 Billion | ▼ -29.9% |
| 2019 | 0.33x | $980.20 Million | $2.97 Billion | $1.99 Billion | ▼ -13.8% |
| 2018 | 0.38x | $973.50 Million | $2.54 Billion | $1.57 Billion | ▲ +13.7% |
| 2017 | 0.34x | $528.20 Million | $1.57 Billion | $1.04 Billion | ▼ -48.9% |
| 2016 | 0.66x | $1.75 Billion | $2.66 Billion | $907.70 Million | ▲ +95.2% |
| 2015 | 0.34x | $823.00 Million | $2.44 Billion | $1.61 Billion | ▲ +46.8% |
| 2014 | 0.23x | $502.90 Million | $2.19 Billion | $1.68 Billion | ▲ +734.3% |
| 2013 | 0.03x | $43.20 Million | $1.57 Billion | $1.52 Billion | ▼ -82.1% |
| 2012 | 0.15x | $277.70 Million | $1.80 Billion | $1.52 Billion | ▼ -32.6% |
| 2011 | 0.23x | $401.50 Million | $1.75 Billion | $1.35 Billion | ▼ -29.1% |
| 2010 | 0.32x | $491.50 Million | $1.52 Billion | $1.03 Billion | ▲ +197.0% |
| 2009 | 0.11x | $143.80 Million | $1.32 Billion | $1.18 Billion | ▼ -69.3% |
| 2008 | 0.35x | $594.50 Million | $1.68 Billion | $1.09 Billion | ▲ +19.8% |
| 2007 | 0.30x | $442.40 Million | $1.50 Billion | $1.05 Billion | ▲ +368.5% |
| 2006 | 0.06x | $84.90 Million | $1.35 Billion | $1.26 Billion | ▼ -80.6% |
| 2005 | 0.32x | $446.30 Million | $1.38 Billion | $929.50 Million | ▼ -7.4% |
| 2004 | 0.35x | $380.40 Million | $1.09 Billion | $705.50 Million | ▼ -14.2% |
| 2003 | 0.41x | $423.10 Million | $1.04 Billion | $612.90 Million | ▼ -0.4% |
| 2002 | 0.41x | $436.30 Million | $1.06 Billion | $627.60 Million | ▲ +18.3% |
| 2001 | 0.35x | $375.70 Million | $1.08 Billion | $708.30 Million | ▲ +0.1% |
| 2000 | 0.35x | $406.30 Million | $1.17 Billion | $767.70 Million | ▲ +88.4% |
| 1999 | 0.18x | $200.00 Million | $1.09 Billion | $888.90 Million | ▼ -11.8% |
| 1998 | 0.21x | $202.80 Million | $973.70 Million | $770.90 Million | ▲ +32.0% |
| 1997 | 0.16x | $163.10 Million | $1.03 Billion | $870.20 Million | ▲ +161.2% |
| 1996 | -0.26x | $-195.00 Million | $756.00 Million | $951.00 Million | ▼ -21.8% |
| 1995 | -0.21x | $-152.00 Million | $718.00 Million | $870.00 Million | ▼ -213.6% |
| 1994 | 0.19x | $139.90 Million | $751.00 Million | $611.10 Million | ▲ +16.1% |
| 1993 | 0.16x | $93.80 Million | $584.40 Million | $490.60 Million | ▼ -44.0% |
| 1992 | 0.29x | $171.70 Million | $599.20 Million | $427.50 Million | ▲ +57.2% |
| 1991 | 0.18x | $112.90 Million | $619.30 Million | $506.40 Million | ▲ +60.3% |
| 1990 | 0.11x | $60.00 Million | $527.50 Million | $467.50 Million | ▲ +62.7% |
| 1989 | 0.07x | $31.10 Million | $444.80 Million | $413.70 Million | — |