Air Products and Chemicals Inc (APD)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,828,200 | 2,570,900 | 2,469,900 | 2,337,300 | 2,300,200 | 2,190,700 | 2,177,200 | 2,267,900 | 2,256,100 | 2,283,400 | 2,234,900 | 2,177,500 | 2,099,100 | 1,975,500 | 1,888,400 | 1,893,100 | 1,886,700 | 1,903,100 | 1,944,600 | 1,888,100 |
| Revenue (ttm) | US$ in thousands | 12,100,600 | 12,104,400 | 12,152,800 | 12,422,700 | 12,600,000 | 12,978,700 | 13,134,100 | 12,879,100 | 12,698,600 | 11,969,700 | 11,385,100 | 10,942,000 | 10,323,000 | 9,802,000 | 9,262,500 | 8,976,800 | 8,856,300 | 8,819,400 | 8,978,200 | 8,949,600 |
| Net profit margin | 31.64% | 21.24% | 20.32% | 18.81% | 18.26% | 16.88% | 16.58% | 17.61% | 17.77% | 19.08% | 19.63% | 19.90% | 20.33% | 20.15% | 20.39% | 21.09% | 21.30% | 21.58% | 21.66% | 21.10% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,828,200K ÷ $12,100,600K
= 31.64%
The net profit margin of Air Products and Chemicals Inc has shown fluctuations over the past several quarters. The trend indicates that the company has generally been able to maintain a healthy level of profitability relative to its sales.
The net profit margin ranged from a low of 16.58% in the first quarter of 2023 to a high of 31.64% in the most recent quarter ending September 30, 2024. The steep increase from the previous quarter to the latest quarter signifies a significant improvement in the company's ability to convert revenue into profit.
It is worth noting that the net profit margin has generally been above 20% over the past few years, indicating strong profitability performance. This means that Air Products and Chemicals Inc has been effective in managing its expenses and generating profits from its operations.
Overall, the increasing trend in the net profit margin, particularly in the latest quarter, is a positive indicator of the company's financial health and efficiency in generating profits. Maintaining a consistently high net profit margin is essential for sustainable growth and value creation for shareholders.
Peer comparison
Sep 30, 2024
See also:
Air Products and Chemicals Inc Net Profit Margin (Quarterly Data)