Air Products and Chemicals Inc (APD)

Net profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	3,828,200	2,300,200	2,256,100	2,099,100	1,886,700
Revenue	US$ in thousands	12,100,600	12,600,000	12,698,600	10,323,000	8,856,300
Net profit margin		31.64%	18.26%	17.77%	20.33%	21.30%

September 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $3,828,200K ÷ $12,100,600K
= 31.64%

The net profit margin of Air Products and Chemicals Inc has shown variability over the past five years. In the most recent fiscal year ending on September 30, 2024, the company reported a net profit margin of 31.64%, reflecting a significant increase compared to the previous year's margin of 18.26%.

This improvement indicates that the company was able to effectively control its costs and expenses relative to its revenue, leading to a higher proportion of revenue translating into net profit. However, it is worth noting that in the fiscal year ending in 2023, the net profit margin saw a slight decline from the previous year, falling from 20.33% in 2021 to 17.77% in 2022.

Overall, the general trend in the net profit margin of Air Products and Chemicals Inc has been positive, with the most recent year showing a notable improvement. This suggests that the company has been effective in managing its profitability and efficiency, which is a favorable indicator of its financial performance.