Air Products and Chemicals, Inc. (APD) FCF Payout Ratio: 144.39%
Is Air Products and Chemicals, Inc.’s FCF payout ratio high or low?
Air Products and Chemicals, Inc.'s FCF payout ratio of 144.39% is 20% below its 5-year average of 181.25%, near the low end of its 5-year range (92.22%–455.48%).
The FCF payout ratio for Air Products and Chemicals, Inc. (APD) is 144.39%. It is below its 12-month average by 51.76% (299.33%).
APD FCF Payout Ratio Chart
APD Average FCF Payout Ratio Chart
APD Current vs Average FCF Payout Ratio Chart
APD FCF Payout Ratio Metrics
FCF PAYOUT RATIO
144.39%
FCF PAYOUT RATIO AVG TTM
299.33%
FCF PAYOUT RATIO AVG 3Y
211.53%
FCF PAYOUT RATIO AVG 5Y
181.25%
FCF PAYOUT RATIO AVG 10Y
257.31%
FCF PAYOUT RATIO AVG 15Y
213.39%
FCF PAYOUT RATIO AVG 20Y
188.77%
CURRENT VS TTM AVG
-51.76%
CURRENT VS 3Y AVG
-31.74%
CURRENT VS 5Y AVG
-20.34%
CURRENT VS 10Y AVG
-43.89%
CURRENT VS 15Y AVG
-32.33%
CURRENT VS 20Y AVG
-23.51%
Payout Ratio Comparison
FCF Payout Ratio
144.4%
Earnings Payout Ratio
N/A
Dividend Yield
2.54%
FCF Yield
1.76%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | ($3.77B) | $1.58B | N/A (Loss) |
| 2024 | ($3.15B) | $1.56B | N/A (Loss) |
| 2023 | ($1.42B) | $1.50B | N/A (Loss) |
| 2022 | $303.70M | $1.38B | 455.5% |
| 2021 | $877.70M | $1.26B | 143.2% |
| 2020 | $755.70M | $1.10B | 146.0% |
| 2019 | $980.20M | $994.00M | 101.4% |
| 2018 | $973.50M | $897.80M | 92.2% |
| 2017 | $528.20M | $787.90M | 149.2% |
| 2016 | $1.75B | $721.20M | 41.1% |
| 2015 | $823.00M | $677.50M | 82.3% |
| 2014 | $502.90M | $627.70M | 124.8% |
| 2013 | $43.20M | $565.60M | 1309.3% |
| 2012 | $277.70M | $514.90M | 185.4% |
| 2011 | $401.50M | $456.70M | 113.7% |
| 2010 | $491.50M | $398.70M | 81.1% |
| 2009 | $143.80M | $373.30M | 259.6% |
| 2008 | $594.50M | $349.30M | 58.8% |
| 2007 | $442.40M | $312.00M | 70.5% |
| 2006 | $84.90M | $293.60M | 345.8% |
| 2005 | $446.30M | $276.20M | 61.9% |
| 2004 | $380.40M | $218.90M | 57.5% |
| 2003 | $423.10M | $188.60M | 44.6% |
| 2002 | $436.30M | $175.60M | 40.2% |
| 2001 | $375.70M | $165.20M | 44.0% |
| 2000 | $406.30M | $155.70M | 38.3% |
| 1999 | $200.00M | $146.20M | 73.1% |
| 1998 | $202.80M | $134.00M | 66.1% |
| 1997 | $163.10M | $123.80M | 75.9% |
| 1996 | ($195.00M) | $117.00M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Air Products and Chemicals, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Air Products and Chemicals, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Air Products and Chemicals, Inc. (APD)?
- The FCF payout ratio for APD stock is 144.39%.
- Is Air Products and Chemicals, Inc.'s FCF payout ratio high or low?
- Air Products and Chemicals, Inc.'s FCF payout ratio of 144.39% is 20% below its 5-year average of 181.25%, near the low end of its 5-year range (92.22%–455.48%).
- What is the TTM average FCF payout ratio for Air Products and Chemicals, Inc. (APD)?
- The TTM average FCF payout ratio for APD stock is 299.33%.
- What is the 3Y average FCF payout ratio for Air Products and Chemicals, Inc. (APD)?
- The 3Y average FCF payout ratio for APD stock is 211.53%.
- What is the 5Y average FCF payout ratio for Air Products and Chemicals, Inc. (APD)?
- The 5Y average FCF payout ratio for APD stock is 181.25%.
- What is the 10Y average FCF payout ratio for Air Products and Chemicals, Inc. (APD)?
- The 10Y average FCF payout ratio for APD stock is 257.31%.
- What is the 15Y average FCF payout ratio for Air Products and Chemicals, Inc. (APD)?
- The 15Y average FCF payout ratio for APD stock is 213.39%.
- What is the 20Y average FCF payout ratio for Air Products and Chemicals, Inc. (APD)?
- The 20Y average FCF payout ratio for APD stock is 188.77%.
Air Products and Chemicals, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2022-09-30 | 455.48% |
| 2021-09-30 | 143.18% |
| 2020-09-30 | 146.04% |
| 2019-09-30 | 101.41% |
| 2018-09-30 | 92.22% |
| 2017-09-30 | 149.17% |
| 2016-09-30 | 41.14% |
| 2015-09-30 | 82.32% |
| 2014-09-30 | 124.82% |
| 2013-09-30 | 1309.26% |
| 2012-09-30 | 185.42% |
| 2011-09-30 | 113.75% |
| 2010-09-30 | 81.12% |
| 2009-09-30 | 259.60% |
| 2008-09-30 | 58.76% |
| 2007-09-30 | 70.52% |
| 2006-09-30 | 345.82% |
| 2005-09-30 | 61.89% |
| 2004-09-30 | 57.54% |
| 2003-09-30 | 44.58% |
| 2002-09-30 | 40.25% |
| 2001-09-30 | 43.97% |
| 2000-09-30 | 38.32% |
| 1999-09-30 | 73.10% |
| 1998-09-30 | 66.07% |
| 1997-09-30 | 75.90% |
About Air Products and Chemicals, Inc.
Operating globally, Air Products and Chemicals, Inc. (APD) is a prominent supplier of industrial gases, specialized equipment, and associated services. The company's diverse product range includes atmospheric gases such as oxygen, nitrogen, and argon, as well as various process gases like hydrogen, helium, carbon dioxide, carbon monoxide, and syngas. They also provide a selection of specialty gases. APD is involved in the fabrication of crucial machinery for gas production and handling, including air separation units and non-cryogenic generators. These products and services cater to a broad spectrum of industries, including but not limited to refining, chemical processing, gasification, metals production, general manufacturing, food and beverage, electronics, medical imaging, and energy generation. Moreover, the company's capabilities extend to designing and manufacturing advanced systems for air separation, hydrocarbon recovery and purification, the liquefaction of natural gas, and the secure transportation and storage of liquid helium and hydrogen. APD also engages in a strategic partnership with Baker Hughes Company to further innovate hydrogen compression systems. The firm was established in 1940 and is based in Allentown, Pennsylvania.
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- CEO
- Eduardo F. Menezes