AIR PRODUCTS AND CHEMICALS, INC. (APD) Return on equity 2016–2025
AIR PRODUCTS AND CHEMICALS, INC. (APD) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-2.6%FY2025 · since FY2016: 8.9% → -2.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -2.6% | -25.1 pp |
| FY2024 | 22.5% | +6.4 pp |
| FY2023 | 16.1% | -1.1 pp |
| FY2022 | 17.2% | +1.7 pp |
| FY2021 | 15.5% | -0.1 pp |
| FY2020 | 15.6% | -0.3 pp |
| FY2019 | 15.9% | +2.1 pp |
| FY2018 | 13.8% | -16.0 pp |
| FY2017 | 29.7% | +20.8 pp |
| FY2016 | 8.9% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice