Air Products and Chemicals (APD) 10-K Summary — Year Ended Sep 30, 2023
Air Products and Chemicals filed its annual report for the most recent fiscal year, reporting a slight decline in revenue compared to the prior year. The filing includes a business overview, risk factors, and management discussion, while operating cash flow data was not provided.
Key takeaway
Year ended Sep 30, 2023 · FY2025 10-K
Air Products and Chemicals filed its annual report for the most recent fiscal year, reporting a slight decline in revenue compared to the prior year. The filing includes a business overview, risk factors, and management discussion, while operating cash flow data was not provided.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$12.6B
Revenue reported for the fiscal year.
Operating income
$2.5B
Income from operations reported for the year.
Net income
$2.3B
Net income reported for the year.
Operating cash flow
n/a
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2021 | $10.3B | n/a |
| Sep 30, 2022 | $12.7B | +23.0% |
| Sep 30, 2023 | $12.6B | -0.8% |
Business overview
The company's Business overview section describes its operations as a global supplier of industrial gases and chemicals. The filing also outlines the company's market position and product offerings through its business segments.
Financial performance
Revenue for the period was slightly lower than the previous year. Operating income and net income were reported, but operating cash flow was not disclosed. The company's financial performance reflects the trends noted in the management discussion.
Material risks
The Risk Factors section discusses material risks including economic conditions, supply chain disruptions, and regulatory changes. The company also identifies risks related to its global operations and competitive environment.
Liquidity and capital
The Liquidity and Capital Resources section describes the company's cash flow and capital allocation. However, operating cash flow was not reported in the provided metrics.
What to watch
The next filing should be monitored for the company's revenue trend and the disclosure of operating cash flow.