Air Products and Chemicals Inc (APD)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 30.19% | 22.80% | 22.06% | 20.29% | 19.81% | 13.41% | 12.98% | 13.91% | 13.08% | 19.22% | 19.85% | 20.47% | 21.72% | 24.78% | 27.64% | 30.86% | 33.85% | 34.44% | 34.25% | 33.87% |
| Operating profit margin | 36.91% | 22.97% | 22.11% | 20.20% | 19.80% | 18.36% | 18.01% | 19.16% | 18.42% | 19.46% | 20.01% | 20.70% | 22.10% | 22.70% | 23.61% | 24.68% | 25.27% | 25.86% | 25.74% | 25.15% |
| Pretax margin | 39.45% | 25.87% | 24.93% | 23.24% | 22.63% | 20.94% | 20.55% | 21.68% | 21.71% | 23.22% | 23.70% | 24.12% | 24.82% | 24.62% | 25.19% | 26.34% | 26.71% | 27.36% | 27.34% | 26.33% |
| 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% |
Air Products and Chemicals Inc has shown a fluctuating trend in its profitability ratios over the past few quarters. The gross profit margin has generally been increasing, indicating the company's ability to control its production costs and generate higher profitability from its operations. The operating profit margin has also improved, although it has been more volatile compared to the gross profit margin.
The pretax margin has shown an overall increasing trend, reflecting the company's ability to manage its expenses and generate higher profits before tax. The net profit margin, which represents the company's bottom line profitability after accounting for all expenses, has also improved over time.
Overall, Air Products and Chemicals Inc has demonstrated a positive trend in its profitability ratios, with an increasing trend in gross, operating, pretax, and net profit margins. This suggests efficient cost management and effective revenue generation strategies, resulting in improved profitability for the company.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.29% | 7.52% | 7.48% | 7.36% | 7.80% | 7.70% | 8.04% | 8.73% | 8.60% | 8.47% | 8.30% | 8.35% | 8.49% | 8.48% | 8.36% | 8.49% | 8.89% | 9.20% | 11.85% | 11.45% |
| Return on assets (ROA) | 9.67% | 6.95% | 6.88% | 6.85% | 7.19% | 7.08% | 7.40% | 8.02% | 8.30% | 8.31% | 8.14% | 8.03% | 7.82% | 7.53% | 7.22% | 7.26% | 7.50% | 7.68% | 9.97% | 9.61% |
| Return on total capital | 27.72% | 21.15% | 21.71% | 20.69% | 21.16% | 20.37% | 20.25% | 21.03% | 21.95% | 21.31% | 20.28% | 20.07% | 19.97% | 19.57% | 19.47% | 19.65% | 20.48% | 21.55% | 22.48% | 21.42% |
| Return on equity (ROE) | 22.47% | 17.02% | 16.56% | 15.72% | 16.07% | 15.50% | 15.49% | 16.27% | 17.16% | 16.74% | 16.01% | 15.75% | 15.50% | 15.10% | 14.84% | 14.93% | 15.62% | 16.32% | 17.10% | 16.34% |
Air Products and Chemicals Inc has shown strong profitability based on its financial ratios analysis. The Operating return on assets (Operating ROA) has been consistently above 7% in the recent quarters, indicating efficient use of assets to generate operating income. The Return on assets (ROA) also reflects a similar trend, remaining above 6% across the periods analyzed.
Moreover, the Return on total capital has been consistently above 20%, demonstrating the company's ability to generate returns on its total invested capital. The Return on equity (ROE) has also been impressive, consistently above 15%, showcasing the company's ability to generate profits for its shareholders.
Overall, Air Products and Chemicals Inc's profitability ratios indicate a consistent and healthy financial performance, reflecting efficient asset utilization and strong returns on capital and equity.
See also:
Air Products and Chemicals Inc Profitability Ratios (Quarterly Data)