Air Products and Chemicals Inc (APD)
Net profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 1,760,000 | 1,709,700 | 1,695,600 |
| Revenue (ttm) | US$ in thousands | 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 | 8,918,900 | 8,934,600 | 8,969,600 |
| Net profit margin | 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% | 19.73% | 19.14% | 18.90% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,337,300K ÷ $12,422,700K
= 18.81%
The net profit margin of Air Products & Chemicals Inc. has demonstrated some fluctuations over the past eight quarters. In Q1 2024, the net profit margin stood at 18.81%, showing a slight increase compared to the previous quarter. However, in Q4 2023 and Q3 2023, the net profit margin was 18.26% and 16.88% respectively, indicating a slight decline in profitability during those periods.
The trend over the past year shows some variability in the net profit margin, with values ranging from 16.58% to 19.63%. Despite some fluctuations, the net profit margin has generally remained above 16%, indicating that the company has been able to generate a healthy level of profit relative to its revenue.
Overall, the net profit margin of Air Products & Chemicals Inc. displays a relatively stable performance, albeit with some fluctuations, suggesting that the company has maintained effective cost control and profitability management strategies during the periods examined.
Peer comparison
Dec 31, 2023
See also:
Air Products and Chemicals Inc Net Profit Margin (Quarterly Data)