Air Products and Chemicals Inc (APD)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 32.68% | 31.96% | 31.34% |
| Operating profit margin | 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% | 24.04% | 23.22% | 22.53% |
| Pretax margin | 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% | 25.12% | 23.82% | 23.54% |
| 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% |
Air Products & Chemicals Inc. has shown steady improvement in its profitability ratios over the quarters analyzed. The gross profit margin has been increasing, indicating the company's ability to efficiently generate profits from its core operations. The operating profit margin has also shown an upward trend, suggesting effective cost management and operational efficiency.
The pretax margin has fluctuated slightly but generally remained healthy, reflecting the company's ability to generate profits before accounting for taxes. The net profit margin, which indicates the company's bottom-line profitability after all expenses have been deducted, has also been relatively stable and favorable.
Overall, Air Products & Chemicals Inc. has demonstrated consistent profitability across the quarters, showcasing its ability to effectively manage costs, generate revenue, and translate it into net income. This trend indicates a strong financial performance and positive outlook for the company's future profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 11.32% | 10.62% | 10.50% |
| Return on assets (ROA) | 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% | 9.29% | 8.75% | 8.81% |
| Return on total capital | 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% | 21.51% | 19.94% | 20.19% |
| Return on equity (ROE) | 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% | 15.92% | 15.02% | 15.19% |
Air Products & Chemicals Inc. has shown consistent profitability over the quarters based on the profitability ratios analyzed.
- Operating return on assets (Operating ROA) has ranged from 7.99% to 8.79% over the past eight quarters, indicating that the company effectively generates operating income relative to its total assets.
- Return on assets (ROA) has fluctuated, with a peak of 8.02% in Q1 2023 and a low of 6.85% in Q1 2024, suggesting some variability in the company's overall profit generation efficiency.
- Return on total capital has ranged from 12.38% to 13.65% over the same period, reflecting the return the company is generating on its total invested capital.
- Return on equity (ROE) has shown similar fluctuations, with a high of 17.16% in Q4 2022 and a low of 15.49% in Q3 2023, indicating varying levels of return on shareholder equity.
Overall, Air Products & Chemicals Inc. has maintained profitability, albeit with some variability, as demonstrated by the various profitability ratios analyzed. It is essential for stakeholders to monitor these ratios to assess the company's financial performance and sustainability over time.
See also:
Air Products and Chemicals Inc Profitability Ratios (Quarterly Data)