Industry Current Year Minus 1 Current Year Minus 2 Company: Air Products and Chemicals, Inc. (APD) Stock Price: 306.72 USD Shares Outstanding: 220.89 M Financial Ratios Most Current Year Current ratio Quick ratio Inventory turnover Fixed asset turnover Total asset turnover Total debt/equity Total debt/total capital Times interest earned (TIE) Operating margin Profit margin Return on total assets (ROA) Return on common equity (ROE) Return on invested capital (ROIC) Basic earning power (BEP) Price/earnings (P/E) Market/book (M/B) Quality of income ratio Income Statement All numbers in thousands Get access to 40+ years of historical data with Yahoo Finance Premium. Learn more TTM 9/30/2019 9/30/2018 9/30/2017 8,819,400 8,918,900 8,930,200 8,187,600 5,782,400 5,975,500 6,189,500 5.753,400 3,037.000 2.943,400 2.740.700 2,434,200 Breakdown > Total Revenue Cost of Revenue Gross Profit > Operating Expense Operating Income Net Non Operating Interest Inc... > Other Income Expense Pretax Income 790,200 773,600 778,100 693,000 2,246,800 2,169,800 1.962,600 1,741,200 -100,200 -137,000 -130,500 -119,100 332,500 256,700 182,900 -206,000 2,479,100 2,289,500 2,015,000 1,416,100 Tax Provision 509,700 480,100 524,300 260,900 > Net Income Common Stockhold... 1,903,100 1,760,000 1.497.800 3,000,400 Diluted NI Available to Com Stock... 1,903,100 1,760,000 1.497.800 3,000,400 Basic EPS 0.008 0.0068 0.0138 Diluted EPS 0.0079 0.0068 0.0137 Basic Average Shares 220,300 219,300 218,000 221,600 220.800 219,800 2,280,600 2.144,400 1,965,600 1,427,600 6,572,600 6,749,100 6,967,600 6,446,400 Diluted Average Shares Total Operating Income as Reported Total Expenses Net Income from Continuing & Dis.. Normalized Income Interest Income Interest Expense 1,903,100 1,760,000 1,497,800 3,000,400 1,890,549 1.780,066 1,453,380 1,391,522 0 1,500 100,200 137,000 130,500 120,600 Net Interest Income -100.200 -137,000 -130,500 -119,100 EBIT 2,579,300 2.426,500 2,145,500 1,536,700 EBITDA 3,747,400 5,782,400 5,975,500 6.189.500 5.753,400 Reconciled Cost of Revenue Reconciled Depreciation 1,168,100 1,082,800 970,700 865,800 1,917,400 1.760,000 1,455,600 1,134,400 Net Income from Continuing Oper... Total Unusual Items Excluding Goo... 33,800 -25.400 3,000 -315,100 Total Unusual Items 33,800 -25.400 3,000 -315,100 3,713,600 3,534,700 3,113,200 2,717,600 Normalized EBITDA Tax Rate for Calcs Tax Effect of Unusual Items 0 0 0 0 6.949 -5,334 780 -57.978 Balance Sheet All numbers in thousands Get access to 40+ years of historical data with Yahoo Finance Premium. Learn more Breakdown 9/30/2019 9/30/2018 9/30/2017 > Total Assets 18,942,800 19,178,300 18,467,200 7,554,500 8,002,000 8,281,700 > Total Liabilities Net Minority Int... > Total Equity Gross Minority Inte... 11,388,300 11,176,300 10,185,500 Total Capitalization 14,281,000 14,209,200 13,488,600 11,053,600 10,857,500 10,086,200 Common Stock Equity Net Tangible Assets 9,837,000 9,630,100 8,996,400 Working Capital 2,797,400 2,743,900 3,387,700 Invested Capital 14,379,600 14,670,100 14,049,000 Tangible Book Value 9,837,000 9,630,100 8,996,400 Total Debt 3,326,000 3,812,600 3,962,800 Net Debt 1,077.300 1,021,300 689,200 Share issued 249,456 249,456 249,456 Ordinary Shares Number 220,415 219,515 218,346 Treasury Shares Number 29,040 29,940 31,110 Cash Flow All numbers in thousands Get access to 40+ years of historical data with Yahoo Finance Premium. Learn more TTM 9/30/2019 9/30/2018 9/30/2017 Breakdown > Operating Cash Flow 2.979.700 2,969,900 2,541,900 1,567.900 P -5,008,800 > Investing Cash Flow -2,113,400 - 1,630,500 2,332,900 > Financing Cash Flow 3,295,800 -1,370,500 -1,359,800 - 1,971,400 3,963,500 2,248,700 2,791,300 3,273,600 323,600 364,600 1,348,800 > End Cash Position Income Tax Paid Supplemental Data Capital Expenditure Issuance of Debt -2,527.300 -1,989,700 -1,568,400 -1,039,700 4,895,700 0 500 2.400 -426,600 Repayment of Debt -428,600 -418,700 -483,900 Free Cash Flow 452,400 980,200 973,500 528,200 Assets 2015 2016 Fiscal year is October September. All values USD millions 2017 2018 2019 Cash & Shon Term Investments 206 4M 1.298 3.688 2.988 2.418 206,4M 1 29B 3.27B 2.798 2.258 404M 184.7M 100M 1.84B 1.65B 1.038 1.583 1.628 Cash Only Short-Term investments Total Accounts Receivable Accounts Receivables, Net Accounts Receivables Gross Bad DebuDoubitul Accounts Other Receivables 1.52B 1.218 1.200 1.288 1.398 1.578 1.278 1.350 1.388 1.488 (48.5M) (55.3M) (93.5M) (91JM) (08.2M) 326 3M 439 2M 375.2M 292 2M 233.4M Inventones 657 8M 347 M 335.4M 300 " 388 3M Finished Goods 494-OM 131.3M 120M 125.4M 128 3M Work in Progress 34 AM 18.3M 15.7M 21.2M 27.5M Raw Materials 220.3M 17 3M 223M 249.5M 232M Progress Payments & Other (100 M) B1.IM (23,3M) Stocks - Funds (100 8M) 31.1M (23.3M) Progress Payments & Other 1.03B 203.3M 229.7M 133 2M 192.9M Other Current Assets 136M 932.4M 38.3M 3.6M 115.5M Miscellaneous Current Assets 291B 4.328 5.888 4,628 5.088 Total Current Assets 2015 2016 2017 2019 2018 9040 8.268 8.44B 9.928 10.34B Net Property, Plant & Equipment 18.000 20.350 19.558 21.495 22.338 Property. Plant & Equipment. Gross 1.0BB 977.8M 946.8M 918.0M 988 6M Buildings 202.OM 226 2M 231M 209.4M 281,5M Land & improvements Computer Software and Equipment Other Property, Pant & Equipment 10.720 10.40 11.113 11070 128 Accumulated Depreciation 1.510 Total investments and Advances 1.400 1,420 1.300 1.388 246M 204.4M 133 M 85M Omer Long-Term investments 81.7M 246M Other Long-Term Investments 204.4M 133.9M 85M 81.7M 1378 Long-Term Note Receivable 124B 1.198 1.118 1.01B Intangible Assets 164B 1.238 1.098 5.238 1.228 Net Goodwill 113B 845 IM 725.5M 788.OM 7971M Net Other intangibles 508.3M 387.9M 368,3M 438,5M 419.5M Other Assets 298.5M 1.318 270.BM 355.7M 289.2M Tangible Other Assets 241 AM 1278 247.3M 210.5M 23.5M Total Assets 17.448 18.035 18.478 19.180 18.948 Liabilitios & Shareholders' Equity 2015 2016 2017 2018 2019 1.938 1.38 ST Debt & Current Portion LT Debt 560.4M 450.9M 98,6M 1.498 Short Term Debt 935 BM 144M 54.3M 58.2M 435,6M 365 4M 416 4M 406.6M 40,4M Current Portion of Long Term Debt Accounts Payable Income Tax Payable 638 9M 578.8M 659.5M 594.5M 519.3M 55.8M 117.9M 38.6M 59.6M 86 6M 1.028 Othet Current Liabilities 1.298 1.178 1 228 1.128 Dividends Payable 174,4M 180.OM 207.5M 241.5M 255.7M Accrued Payroll 273.9M 252.6M 209.7M 235.5M 22 1M Miscellaneous Current Liables 575 2M 345.7M 753 3M 740,2M 548.0M Total Current Liabilities 3.658 3.288 2.498 234B 1.828 Long-Term Debt 3958 3.918 3.48 3.358 3.230 Long-Term Debt excl Copied Lonnes 3.958 3.918 3.45 3.358 3.238 Non-Convertible Debt 3.968 3.018 3.48 3.358 3.238 NonConvertible Debt 3.95B 3.918 3.48 3.35B 3.238 Convertible Debt Capitalized Lease Obligations Provision for Risks & Charges Deterred Taxes 1.318 1.6B 1 21B 1.11B 1.29B 834 3M 525,4M 603.9M 653.7M 678.6M Deferred Taxes. Credit 903 3M 710.4M 778.4M 775 M 793 BM Deferred Tunes. Debit COM 185M 174,5M 121.4M 115.2M Other Liabiles 244 M 1.310 404.9M 426,6M 425 5M Other L (excl. Deferred Income) 44 1M. 1 310 4040M 425.5M 4200M Deferred Income 10.000 Total Liabilities 10.020 3.280 10 7.558 llur Industry Current Year Minus 1 Current Year Minus 2 Company: Air Products and Chemicals, Inc. (APD) Stock Price: 306.72 USD Shares Outstanding: 220.89 M Financial Ratios Most Current Year Current ratio Quick ratio Inventory turnover Fixed asset turnover Total asset turnover Total debt/equity Total debt/total capital Times interest earned (TIE) Operating margin Profit margin Return on total assets (ROA) Return on common equity (ROE) Return on invested capital (ROIC) Basic earning power (BEP) Price/earnings (P/E) Market/book (M/B) Quality of income ratio Income Statement All numbers in thousands Get access to 40+ years of historical data with Yahoo Finance Premium. Learn more TTM 9/30/2019 9/30/2018 9/30/2017 8,819,400 8,918,900 8,930,200 8,187,600 5,782,400 5,975,500 6,189,500 5.753,400 3,037.000 2.943,400 2.740.700 2,434,200 Breakdown > Total Revenue Cost of Revenue Gross Profit > Operating Expense Operating Income Net Non Operating Interest Inc... > Other Income Expense Pretax Income 790,200 773,600 778,100 693,000 2,246,800 2,169,800 1.962,600 1,741,200 -100,200 -137,000 -130,500 -119,100 332,500 256,700 182,900 -206,000 2,479,100 2,289,500 2,015,000 1,416,100 Tax Provision 509,700 480,100 524,300 260,900 > Net Income Common Stockhold... 1,903,100 1,760,000 1.497.800 3,000,400 Diluted NI Available to Com Stock... 1,903,100 1,760,000 1.497.800 3,000,400 Basic EPS 0.008 0.0068 0.0138 Diluted EPS 0.0079 0.0068 0.0137 Basic Average Shares 220,300 219,300 218,000 221,600 220.800 219,800 2,280,600 2.144,400 1,965,600 1,427,600 6,572,600 6,749,100 6,967,600 6,446,400 Diluted Average Shares Total Operating Income as Reported Total Expenses Net Income from Continuing & Dis.. Normalized Income Interest Income Interest Expense 1,903,100 1,760,000 1,497,800 3,000,400 1,890,549 1.780,066 1,453,380 1,391,522 0 1,500 100,200 137,000 130,500 120,600 Net Interest Income -100.200 -137,000 -130,500 -119,100 EBIT 2,579,300 2.426,500 2,145,500 1,536,700 EBITDA 3,747,400 5,782,400 5,975,500 6.189.500 5.753,400 Reconciled Cost of Revenue Reconciled Depreciation 1,168,100 1,082,800 970,700 865,800 1,917,400 1.760,000 1,455,600 1,134,400 Net Income from Continuing Oper... Total Unusual Items Excluding Goo... 33,800 -25.400 3,000 -315,100 Total Unusual Items 33,800 -25.400 3,000 -315,100 3,713,600 3,534,700 3,113,200 2,717,600 Normalized EBITDA Tax Rate for Calcs Tax Effect of Unusual Items 0 0 0 0 6.949 -5,334 780 -57.978 Balance Sheet All numbers in thousands Get access to 40+ years of historical data with Yahoo Finance Premium. Learn more Breakdown 9/30/2019 9/30/2018 9/30/2017 > Total Assets 18,942,800 19,178,300 18,467,200 7,554,500 8,002,000 8,281,700 > Total Liabilities Net Minority Int... > Total Equity Gross Minority Inte... 11,388,300 11,176,300 10,185,500 Total Capitalization 14,281,000 14,209,200 13,488,600 11,053,600 10,857,500 10,086,200 Common Stock Equity Net Tangible Assets 9,837,000 9,630,100 8,996,400 Working Capital 2,797,400 2,743,900 3,387,700 Invested Capital 14,379,600 14,670,100 14,049,000 Tangible Book Value 9,837,000 9,630,100 8,996,400 Total Debt 3,326,000 3,812,600 3,962,800 Net Debt 1,077.300 1,021,300 689,200 Share issued 249,456 249,456 249,456 Ordinary Shares Number 220,415 219,515 218,346 Treasury Shares Number 29,040 29,940 31,110 Cash Flow All numbers in thousands Get access to 40+ years of historical data with Yahoo Finance Premium. Learn more TTM 9/30/2019 9/30/2018 9/30/2017 Breakdown > Operating Cash Flow 2.979.700 2,969,900 2,541,900 1,567.900 P -5,008,800 > Investing Cash Flow -2,113,400 - 1,630,500 2,332,900 > Financing Cash Flow 3,295,800 -1,370,500 -1,359,800 - 1,971,400 3,963,500 2,248,700 2,791,300 3,273,600 323,600 364,600 1,348,800 > End Cash Position Income Tax Paid Supplemental Data Capital Expenditure Issuance of Debt -2,527.300 -1,989,700 -1,568,400 -1,039,700 4,895,700 0 500 2.400 -426,600 Repayment of Debt -428,600 -418,700 -483,900 Free Cash Flow 452,400 980,200 973,500 528,200 Assets 2015 2016 Fiscal year is October September. All values USD millions 2017 2018 2019 Cash & Shon Term Investments 206 4M 1.298 3.688 2.988 2.418 206,4M 1 29B 3.27B 2.798 2.258 404M 184.7M 100M 1.84B 1.65B 1.038 1.583 1.628 Cash Only Short-Term investments Total Accounts Receivable Accounts Receivables, Net Accounts Receivables Gross Bad DebuDoubitul Accounts Other Receivables 1.52B 1.218 1.200 1.288 1.398 1.578 1.278 1.350 1.388 1.488 (48.5M) (55.3M) (93.5M) (91JM) (08.2M) 326 3M 439 2M 375.2M 292 2M 233.4M Inventones 657 8M 347 M 335.4M 300 " 388 3M Finished Goods 494-OM 131.3M 120M 125.4M 128 3M Work in Progress 34 AM 18.3M 15.7M 21.2M 27.5M Raw Materials 220.3M 17 3M 223M 249.5M 232M Progress Payments & Other (100 M) B1.IM (23,3M) Stocks - Funds (100 8M) 31.1M (23.3M) Progress Payments & Other 1.03B 203.3M 229.7M 133 2M 192.9M Other Current Assets 136M 932.4M 38.3M 3.6M 115.5M Miscellaneous Current Assets 291B 4.328 5.888 4,628 5.088 Total Current Assets 2015 2016 2017 2019 2018 9040 8.268 8.44B 9.928 10.34B Net Property, Plant & Equipment 18.000 20.350 19.558 21.495 22.338 Property. Plant & Equipment. Gross 1.0BB 977.8M 946.8M 918.0M 988 6M Buildings 202.OM 226 2M 231M 209.4M 281,5M Land & improvements Computer Software and Equipment Other Property, Pant & Equipment 10.720 10.40 11.113 11070 128 Accumulated Depreciation 1.510 Total investments and Advances 1.400 1,420 1.300 1.388 246M 204.4M 133 M 85M Omer Long-Term investments 81.7M 246M Other Long-Term Investments 204.4M 133.9M 85M 81.7M 1378 Long-Term Note Receivable 124B 1.198 1.118 1.01B Intangible Assets 164B 1.238 1.098 5.238 1.228 Net Goodwill 113B 845 IM 725.5M 788.OM 7971M Net Other intangibles 508.3M 387.9M 368,3M 438,5M 419.5M Other Assets 298.5M 1.318 270.BM 355.7M 289.2M Tangible Other Assets 241 AM 1278 247.3M 210.5M 23.5M Total Assets 17.448 18.035 18.478 19.180 18.948 Liabilitios & Shareholders' Equity 2015 2016 2017 2018 2019 1.938 1.38 ST Debt & Current Portion LT Debt 560.4M 450.9M 98,6M 1.498 Short Term Debt 935 BM 144M 54.3M 58.2M 435,6M 365 4M 416 4M 406.6M 40,4M Current Portion of Long Term Debt Accounts Payable Income Tax Payable 638 9M 578.8M 659.5M 594.5M 519.3M 55.8M 117.9M 38.6M 59.6M 86 6M 1.028 Othet Current Liabilities 1.298 1.178 1 228 1.128 Dividends Payable 174,4M 180.OM 207.5M 241.5M 255.7M Accrued Payroll 273.9M 252.6M 209.7M 235.5M 22 1M Miscellaneous Current Liables 575 2M 345.7M 753 3M 740,2M 548.0M Total Current Liabilities 3.658 3.288 2.498 234B 1.828 Long-Term Debt 3958 3.918 3.48 3.358 3.230 Long-Term Debt excl Copied Lonnes 3.958 3.918 3.45 3.358 3.238 Non-Convertible Debt 3.968 3.018 3.48 3.358 3.238 NonConvertible Debt 3.95B 3.918 3.48 3.35B 3.238 Convertible Debt Capitalized Lease Obligations Provision for Risks & Charges Deterred Taxes 1.318 1.6B 1 21B 1.11B 1.29B 834 3M 525,4M 603.9M 653.7M 678.6M Deferred Taxes. Credit 903 3M 710.4M 778.4M 775 M 793 BM Deferred Tunes. Debit COM 185M 174,5M 121.4M 115.2M Other Liabiles 244 M 1.310 404.9M 426,6M 425 5M Other L (excl. Deferred Income) 44 1M. 1 310 4040M 425.5M 4200M Deferred Income 10.000 Total Liabilities 10.020 3.280 10 7.558 llur
