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APDAir Products

Materials · Industrial Gases & Chemicals · NYSE

Additional information about Air Products is available on our website at www.airproducts.com. 10-K, Item 1

APD quote by TradingView
Employees
21,300
Headquarters
Allentown, PA
Next results
around Jan 29, 2027
Compare with peers → Embed
All key numbers (37, from the latest 10-K and 10-Q) From EDGAR
EPS (ttm)-0.21Sales (ttm)12.6BNet income (ttm)-47.3MSales growth-0.5%EPS growth-110%Sales Q/Q+4.6%
Free cash flow-301.4MGross margin32.1%Oper. margin-4.7%Net margin-0.4%FCF margin-2.4%ROE-0.3%
ROA-0.1%R&D / sales0.8%Dividend7.14Debt/Eq1.27Curr. ratio1.08Cash980.5M
Op. cash flow (ttm)4.6BEBITDA687.2MEBITDA margin5.7%Net debt16.7BQuick ratio0.92Interest cover-4.10
Stock pay / sales0.6%Shares out.222.7MShares Y/Y0.0%Book / share62.35Cash / share4.40Sales / share56.59
Asset turnover0.31Inventory turns10.63Days sales out.58Sales 3Y CAGR-1.8%Sales 5Y CAGR+6.3%Employees21,300
Sales / employee592K

Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.

Changes in the numbers

FY2025 against FY2024
  • Operating margin narrowed to -7.3%36.9% → -7.3% · Operating income / revenue · 10-K ↗
  • Net income turned to a loss$3.8B → −$394.5M · Net income attributable to the company · 10-K ↗
What management wrote about it → · Every company →

APD against Materials peers

Ten years, side by side → · All 24 →
GrowthProfitBalanceCleanInsiders
APDPeer median

Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How

Every dot is one of the 24 companies, the better end on the right. Hover a dot for the company.

Sales growth
-0.5%20th of 24 · median +4.4%
Net margin
-0.4%21st of 24 · median 8.4%
Return on equity
-0.3%21st of 24 · median 13.1%
Free cash flow margin
-2.4%23rd of 24 · median 6.8%
Debt / equity (less is better)
1.2722nd of 24 · median 0.76
APD and the 5 peers closest in revenue
CompanyRevenue (ttm)Sales growthGross marginNet marginROEFCF marginDebt / equity
APD Air Products$12.6B -0.5%32.1%-0.4%-0.3%-2.4%1.27
BALL Ball Corporation$15.1B +11.6%-3.5%9.3%4.0%1.27
MOS Mosaic$11.9B +8.4%7.4%-9.4%-9.9%-6.8%0.48
IFF International Flavors & Fragrances$10.9B -5.2%36.6%1.7%1.4%4.6%0.51
PKG Packaging Corporation of America$9.8B +7.2%20.5%7.4%15.1%7.0%0.83
AVY Avery Dennison$9.4B +1.1%28.8%7.6%29.7%11.1%1.51

From $10.3B of sales to $2.1B of profit

FY2021, from the 10-K income statement
Revenue to Gross profit: $3.1BRevenue to Cost of revenue: $7.2BGross profit to Operating profit: $2.3BGross profit to Operating expenses: $855.5MOperating profit to Net profit: $1.8BOperating profit to Tax: $462.8MOther income to Net profit: $280.5MOperating expenses to R&D: $93.5MOperating expenses to Sales, admin & other: $762.0M Revenue: $10.3B Revenue$10.3B +17% Y/Y Gross profit: $3.1B · 30% margin Gross profit$3.1B30% margin Cost of revenue: $7.2B · 70% of revenue Cost of revenue$7.2B70% of revenue Operating profit: $2.3B · 22% margin Operating profit$2.3B22% margin +2% Y/Y Other income: $280.5M · 3% of revenue Other income$280.5M3% of revenue Operating expenses: $855.5M · 8% of revenue Operating expenses$855.5M8% of revenue Net profit: $2.1B · 20% margin Net profit$2.1B20% margin +11% Y/Y Tax: $462.8M · 4% of revenue Tax$462.8M4% of revenue R&D: $93.5M · 1% of revenue R&D$93.5M1% of revenue Sales, admin & other: $762.0M · 7% of revenue Sales, admin & other$762.0M7% of revenue

Swipe sideways for the whole flow →

From $12.7B of sales to $2.3B of profit

FY2022, from the 10-K income statement and revenue by product
Onsite to Revenue: $6.6BMerchant to Revenue: $5.1BSaleof Equipment to Revenue: $970.8MRevenue to Gross profit: $3.4BRevenue to Cost of revenue: $9.3BGross profit to Operating profit: $2.3BGross profit to Operating expenses: $1.0BOperating profit to Net profit: $1.8BOperating profit to Tax: $500.8MOther income to Net profit: $418.1MOperating expenses to R&D: $102.9MOperating expenses to SG&A: $918.4M Onsite: $6.6B · 52% Onsite$6.6B52% Merchant: $5.1B · 40% Merchant$5.1B40% Saleof Equipment: $970.8M · 8% Saleof Equipment$970.8M8% Revenue: $12.7B Revenue$12.7B +23% Y/Y Gross profit: $3.4B · 26% margin Gross profit$3.4B26% margin Cost of revenue: $9.3B · 74% of revenue Cost of revenue$9.3B74% of revenue Operating profit: $2.3B · 18% margin Operating profit$2.3B18% margin +3% Y/Y Other income: $418.1M · 3% of revenue Other income$418.1M3% of revenue Operating expenses: $1.0B · 8% of revenue Operating expenses$1.0B8% of revenue Net profit: $2.3B · 18% margin Net profit$2.3B18% margin +7% Y/Y Tax: $500.8M · 4% of revenue Tax$500.8M4% of revenue R&D: $102.9M · 1% of revenue R&D$102.9M1% of revenue SG&A: $918.4M · 7% of revenue SG&A$918.4M7% of revenue

Swipe sideways for the whole flow →

From $12.6B of sales to $2.3B of profit

FY2023, from the 10-K income statement and revenue by product
Onsite to Revenue: $6.2BMerchant to Revenue: $5.5BSaleof Equipment to Revenue: $889.0MRevenue to Gross profit: $3.8BRevenue to Cost of revenue: $8.8BGross profit to Operating profit: $2.5BGross profit to Operating expenses: $1.3BOperating profit to Net profit: $1.9BOperating profit to Tax: $551.2MOther income to Net profit: $356.8MOperating expenses to R&D: $105.6MOperating expenses to Sales, admin & other: $1.2B Onsite: $6.2B · 49% Onsite$6.2B49% Merchant: $5.5B · 44% Merchant$5.5B44% Saleof Equipment: $889.0M · 7% Saleof Equipment$889.0M7% Revenue: $12.6B Revenue$12.6B −1% Y/Y Gross profit: $3.8B · 30% margin Gross profit$3.8B30% margin Cost of revenue: $8.8B · 70% of revenue Cost of revenue$8.8B70% of revenue Operating profit: $2.5B · 20% margin Operating profit$2.5B20% margin +7% Y/Y Other income: $356.8M · 3% of revenue Other income$356.8M3% of revenue Operating expenses: $1.3B · 10% of revenue Operating expenses$1.3B10% of revenue Net profit: $2.3B · 18% margin Net profit$2.3B18% margin +2% Y/Y Tax: $551.2M · 4% of revenue Tax$551.2M4% of revenue R&D: $105.6M · 1% of revenue R&D$105.6M1% of revenue Sales, admin & other: $1.2B · 9% of revenue Sales, admin & other$1.2B9% of revenue

Swipe sideways for the whole flow →

From $12.1B of sales to $3.8B of profit

FY2024, from the 10-K income statement and revenue by product
Onsite to Revenue: $5.9BMerchant to Revenue: $5.3BSaleof Equipment to Revenue: $878.4MRevenue to Gross profit: $3.9BRevenue to Cost of revenue: $8.2BGross profit to Net profit: $3.8BGross profit to Costs, tax, other: $103.7M Onsite: $5.9B · 49% Onsite$5.9B49% Merchant: $5.3B · 44% Merchant$5.3B44% Saleof Equipment: $878.4M · 7% Saleof Equipment$878.4M7% Revenue: $12.1B Revenue$12.1B −4% Y/Y Gross profit: $3.9B · 32% margin Gross profit$3.9B32% margin Cost of revenue: $8.2B · 68% of revenue Cost of revenue$8.2B68% of revenue Net profit: $3.8B · 32% margin Net profit$3.8B32% margin +66% Y/Y Costs, tax, other: $103.7M · 1% of revenue Costs, tax, other$103.7M1% of revenue

Swipe sideways for the whole flow →

Where each $100 of sales went

FY2021
FY2022
FY2023
FY2024
  • Cost of revenue
  • R&D
  • Costs, tax, other
  • Tax, less other income
  • Net profit

Band widths are the money. Gross profit is revenue less cost of revenue; operating expenses are gross profit less operating profit; R&D is from the income statement and the rest of the operating expenses is everything else; tax includes interest and other items when they are small. Y/Y is the change from the fiscal year before. Revenue by part only for the years in the last two 10-Ks' segment tables. The full income statement →

Profitability

0 of 3
  • !
    Net margin below the peer median-0.4% vs 8.4%
  • !
    Return on equity below 15%-0.3%
  • !
    A profit in 9 of 10 years
Net margin, FY2016 to FY2025: 8.4% → -3.3%

Balance sheet

1 of 3
  • !
    Interest covered less than 5 timesOperating income is -4.1× interest expense
  • !
    Debt larger than equityDebt / equity 1.27 on the latest balance sheet (peer median 0.76)
  • ✓
    Current assets cover current liabilitiesCurrent ratio 1.08
Debt / equity at each year end, FY2016 to FY2025: 0.72 → 1.18
What the debt is made of ↓

Cash and shareholders

1 of 3
  • !
    Free cash flow positive in 7 of 10 years−$3.8B last year
  • !
    Share count up over 5 years+0.2%
  • ✓
    Dividend per share up over 5 years$5.18 → $7.14
Free cash flow, FY2016 to FY2025: 1.4B → -3.8B

Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.

What the debt is made of, and when it is due

balance sheet of Jun 30, 2026 · schedule of Sep 30, 2025
Debt: $17.7B Debt$17.7B Long-term debt: $16.9B · 94% Long-term debt$16.9B · 94% Due within a year: $769.5M · 4% Due within a year$769.5M · 4% Short-term borrowings: $126.7M · 1% Short-term borrowings$126.7M · 1% Next 12 months: $716.6M · 4% Next 12 months$716.6M · 4% Year 2: $906.5M · 5% Year 2$906.5M · 5% Year 3: $1.4B · 8% Year 3$1.4B · 8% Year 4: $1.1B · 6% Year 4$1.1B · 6% Year 5: $1.1B · 6% Year 5$1.1B · 6% After year 5: $12.7B · 71% After year 5$12.7B · 71%

The debt note's own lines, 2025-09-30

Fixed rate $0Floating $717.4M Not stated $14.6B

Line, as the company names itKindRateFixed or floatingAmount
Green Bonds due 2029 to 2034 (Senior Notes)Notes and bonds–not stated$2.5B
Note 4.85% due 2034 (Senior Notes)Notes and bonds4.85%not stated$1.1B
Note 2.80% due 2050 (Senior Notes)Notes and bonds2.80%not stated$950.0M
Note 2.05% due 2030 (Senior Notes)Notes and bonds2.05%not stated$900.0M
Eurobonds 4.000% due 2035 (Bonds)Notes and bonds4.00%not stated$821.5M
Note 4.60% due 2029 (Senior Notes)Notes and bonds4.60%not stated$750.0M
Note 2.70% due 2040 (Senior Notes)Notes and bonds2.70%not stated$750.0M
Note 1.85% due 2027 (Senior Notes)Notes and bonds1.85%not stated$650.0M
Variable-rate industrial revenue bonds 2.802% due 2035 to 2050 (Bonds)Notes and bonds2.80%floating$618.9M
Note 4.80% due 2033 (Senior Notes)Notes and bonds4.80%not stated$600.0M
Note 4.75% due 2031 (Senior Notes)Notes and bonds4.75%not stated$600.0M
Note 4.3% due 2028 (Senior Notes)Notes and bonds4.30%not stated$600.0M
Eurobonds 0.800% due 2032 (Bonds)Notes and bonds0.80%not stated$586.8M
Eurobonds 0.500% due 2028 (Bonds)Notes and bonds0.50%not stated$586.8M
Eurobonds 3.45% due 2037 (Bonds)Notes and bonds3.45%not stated$586.8M
Eurobonds 3.25% due 2032 (Bonds)Notes and bonds3.25%not stated$586.8M
Eurobonds 2.95% due 2031 (Bonds)Notes and bonds2.95%not stated$586.8M
Note 1.50% due 2026 (Senior Notes)Notes and bonds1.50%not stated$550.0M
Note 4.9% due 2033 (Senior Notes)Notes and bonds4.90%not stated$500.0M
New Taiwan Dollar 2.66% due 2026 to 2029 (Bonds)Notes and bonds2.66%not stated$197.0M
New Taiwan Dollar variable-rate 2.75% due 2026 to 2030 (Bonds)Notes and bonds–floating$98.5M
New Taiwan Dollar 1.86% due 2026 to 2028 (Bonds)Notes and bonds1.86%not stated$98.5M
Foreign 11.5% due 2026 to 2052 (Finance Lease Obligations)–11.50%not stated$54.2M
Series E 7.6% due 2026 (Medium Term Notes)Notes and bonds7.60%not stated$17.2M
Other 4.07% due 2030 to 2034 (Notes Payable Other Payables)Notes and bonds4.07%not stated$10.0M
All 25 lines

From the debt note in the 10-K's XBRL (0000002969-25-000055), as the company tags it: by issue, by year, by currency or by kind. Lines from two ways of cutting the same debt can overlap, so they are not added up. Fixed or floating is read from the line's own name only; "not stated" when it says neither.

Left: the debt lines on the balance sheet (XBRL). Right: the principal due each year, from the debt note's maturity schedule; it can differ a little from the balance sheet, which shows the debt net of discounts and fees. Leases are not counted. The full schedule →

Revenue and net income, FY2016 to FY2025

Revenue 12.0B Net income -394.5M
FY2016 revenue 7.5B · Revenues, 0000002969-18-000044 FY2016 net income 631.1M · NetIncomeLoss, 0000002969-18-000044 7.5B FY2016 FY2017 revenue 8.2B · Revenues, 0000002969-19-000051 FY2017 net income 3.0B · NetIncomeLoss, 0000002969-19-000051 8.2B FY2017 FY2018 revenue 8.9B · Revenues, 0000002969-20-000049 FY2018 net income 1.5B · NetIncomeLoss, 0000002969-20-000049 8.9B FY2018 FY2019 revenue 8.9B · Revenues, 0000002969-21-000055 FY2019 net income 1.8B · NetIncomeLoss, 0000002969-21-000055 8.9B FY2019 FY2020 revenue 8.9B · Revenues, 0000002969-22-000054 FY2020 net income 1.9B · NetIncomeLoss, 0000002969-22-000054 8.9B FY2020 FY2021 revenue 10.3B · Revenues, 0000002969-23-000047 FY2021 net income 2.1B · NetIncomeLoss, 0000002969-23-000047 10.3B FY2021 FY2022 revenue 12.7B · Revenues, 0000002969-24-000056 FY2022 net income 2.3B · NetIncomeLoss, 0000002969-24-000056 12.7B FY2022 FY2023 revenue 12.6B · Revenues, 0000002969-25-000055 FY2023 net income 2.3B · NetIncomeLoss, 0000002969-25-000055 12.6B FY2023 FY2024 revenue 12.1B · Revenues, 0000002969-25-000055 FY2024 net income 3.8B · NetIncomeLoss, 0000002969-25-000055 12.1B FY2024 FY2025 revenue 12.0B · Revenues, 0000002969-25-000055 FY2025 net income -394.5M · NetIncomeLoss, 0000002969-25-000055 12.0B FY2025

From XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →

APD's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.

Annual Quarterly
Revenue12.0B
FY2016: 7.5BFY2017: 8.2BFY2018: 8.9BFY2019: 8.9BFY2020: 8.9BFY2021: 10.3BFY2022: 12.7BFY2023: 12.6BFY2024: 12.1BFY2025: 12.0B FY2017FY2019FY2021FY2023FY2025
Net income-394.5M
FY2016: 631.1MFY2017: 3.0BFY2018: 1.5BFY2019: 1.8BFY2020: 1.9BFY2021: 2.1BFY2022: 2.3BFY2023: 2.3BFY2024: 3.8BFY2025: -394.5M FY2017FY2019FY2021FY2023FY2025
Free cash flow-3.8B
FY2016: 1.4BFY2017: 1.5BFY2018: 978.8MFY2019: 980.2MFY2020: 755.7MFY2021: 871.0MFY2022: 244.1MFY2023: -1.4BFY2024: -3.1BFY2025: -3.8B FY2017FY2019FY2021FY2023FY2025
EPS (diluted)-1.77
FY2016: 2.89FY2017: 13.65FY2018: 6.78FY2019: 7.94FY2020: 8.49FY2021: 9.43FY2022: 10.14FY2023: 10.33FY2024: 17.18FY2025: -1.77 FY2017FY2019FY2021FY2023FY2025
Dividend per share7.14
FY2016: 3.39FY2017: 3.71FY2018: 4.25FY2019: 4.58FY2020: 5.18FY2021: 5.84FY2022: 6.36FY2023: 6.87FY2024: 7.06FY2025: 7.14 FY2017FY2019FY2021FY2023FY2025
Diluted shares222.7M
FY2016: 218.3MFY2017: 219.8MFY2018: 220.8MFY2019: 221.6MFY2020: 222.3MFY2021: 222.5MFY2022: 222.5MFY2023: 222.7MFY2024: 222.8MFY2025: 222.7M FY2017FY2019FY2021FY2023FY2025

Revenue by business segment

year to Sep 30, 2025
RevenueSharevs year before
Americas 5.1B42.6% +1.7%
Asia 3.3B27.2% +1.4%
Europe 3.0B24.8% +5.7%
Corporate And Other 520.0M4.3% -40.8%
Middle East And India 135.9M1.1% +1.1%

10-K 0000002969-25-000055, segment and revenue notes (XBRL).

Revenue by product or service

year to Sep 30, 2025
RevenueSharevs year before
Onsite 6.2B51.3% +4.9%
Merchant 5.3B44.3% +0.1%
Saleof Equipment 520.0M4.3% -40.8%

10-K 0000002969-25-000055, segment and revenue notes (XBRL).

Revenue by region

year to Sep 30, 2025
RevenueSharevs year before
Other foreign operations 5.4B45.0% +3.4%
UNITED STATES 4.7B39.0% -4.5%
CHINA 1.9B16.1% -0.9%

10-K 0000002969-25-000055, segment and revenue notes (XBRL).

Income statement

From EDGAR
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue7.5B8.2B8.9B8.9B8.9B10.3B12.7B12.6B12.1B12.0B
Cost of revenue5.2B5.8B6.2B6.0B5.9B7.2B9.3B8.8B8.2B8.3B
Gross profit2.3B2.4B2.7B2.9B3.0B-----
R&D71.8M57.6M64.5M72.9M83.9M93.5M102.9M105.6M100.2M96.3M
SG&A683.8M713.5M760.8M750.0M775.9M828.4M900.6M957.0M942.4M906.1M
Operating income1.5B1.4B2.0B2.1B2.2B2.3B2.3B2.5B4.5B-877.0M
Interest expense115.2M120.6M130.5M137.0M109.3M141.8M128.0M177.5M218.8M214.0M
Pretax income1.6B1.4B2.0B2.3B2.4B2.5B2.8B2.9B4.8B-440.7M
Income tax432.6M260.9M524.3M480.1M478.4M462.8M500.8M551.2M944.9M-94.3M
Net income631.1M3.0B1.5B1.8B1.9B2.1B2.3B2.3B3.8B-394.5M
EPS (diluted)2.8913.656.787.948.499.4310.1410.3317.18-1.77
Diluted shares218.3M219.8M220.8M221.6M222.3M222.5M222.5M222.7M222.8M222.7M
Depreciation & amortization854.6M865.8M970.7M1.1B1.2B1.3B1.3B1.4B1.5B1.6B
EBITDA2.4B2.3B2.9B3.2B3.4B3.6B3.7B3.9B5.9B687.2M
Gross margin31.0%29.8%30.7%32.7%33.9%-----
Operating margin20.5%17.6%22.0%24.0%25.3%22.1%18.4%19.8%36.9%-7.3%
Net margin8.4%36.6%16.8%19.7%21.3%20.3%17.8%18.3%31.6%-3.3%
Revenue growth-+9.1%+9.1%-0.1%-0.7%+16.6%+23.0%-0.8%-4.0%-0.5%
EPS growth-+372%-50.3%+17.1%+6.9%+11.1%+7.5%+1.9%+66.3%-110%

Balance sheet

From EDGAR
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash1.3B3.3B2.8B2.2B5.3B4.5B2.7B1.6B3.0B1.9B
Short-term investments0404.0M184.7M166.0M1.1B1.3B590.7M332.2M5.0M0
Receivables1.1B1.2B1.2B1.3B1.3B1.5B1.8B1.7B1.8B1.9B
Inventory255.0M335.4M396.1M388.3M404.8M453.9M514.2M651.8M766.0M776.5M
Current assets4.3B5.9B5.1B4.6B8.7B8.4B6.3B5.2B6.4B5.8B
Property & equipment8.3B8.4B9.9B10.3B12.0B13.3B14.2B17.5B23.4B25.3B
Goodwill845.1M721.5M788.9M797.1M891.5M911.5M823.0M861.7M905.1M963.9M
Total assets18.0B18.5B19.2B18.9B25.2B26.9B27.2B32.0B39.6B41.1B
Current liabilities3.3B2.5B2.3B1.8B2.4B2.8B3.5B3.9B4.2B4.2B
Total debt5.1B4.0B3.4B3.0B7.6B7.4B7.0B10.3B14.2B17.7B
Total liabilities10.8B8.3B8.0B7.6B12.7B12.8B13.5B16.3B20.9B23.7B
Shareholders' equity7.1B10.1B10.9B11.1B12.1B13.5B13.1B14.3B17.0B15.0B
Retained earnings10.5B12.8B13.4B14.1B14.9B15.7B16.5B17.3B19.5B17.6B

Cash flow

From EDGAR
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow2.3B2.5B2.5B3.0B3.3B3.3B3.2B3.2B3.6B3.3B
Capital spending907.7M1.0B1.6B2.0B2.5B2.5B2.9B4.6B6.8B7.0B
Free cash flow1.4B1.5B978.8M980.2M755.7M871.0M244.1M-1.4B-3.1B-3.8B
Stock-based pay (added back)31.0M39.9M38.8M41.2M53.5M44.5M48.4M59.9M61.8M76.4M
Dividends paid721.2M787.9M897.8M994.0M1.1B1.3B1.4B1.5B1.6B1.6B
Acquisitions08.2M345.4M123.2M183.3M10.5M65.1M0059.9M
Debt raised386.9M2.4M500K04.9B178.9M766.2M3.5B4.7B4.4B
Debt repaid480.4M483.9M418.7M428.6M406.6M462.9M400.0M615.4M486.2M429.9M
Investing cash flow-864.8M-1.4B-1.6B-2.1B-3.6B-2.7B-3.9B-5.9B-4.9B-7.2B
Financing cash flow-860.2M-2.0B-1.4B-1.4B3.3B-1.4B-1.0B1.6B2.6B2.8B
Dividend per share3.393.714.254.585.185.846.366.877.067.14

Stock-based pay and leases

From EDGAR
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Stock-based pay (expense)31.0M39.9M38.8M41.2M53.5M44.5M48.4M59.9M61.8M76.4M
Stock-based pay / revenue0.4%0.5%0.4%0.5%0.6%0.4%0.4%0.5%0.5%0.6%
Operating lease cash paid----90.0M98.8M128.0M337.8M154.6M125.2M
Right-of-use assets----376.8M566.2M694.8M974.0M1.0B944.0M
Operating lease liabilities----406.5M582.0M682.1M725.8M778.2M707.8M

From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.

Work on APD in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/APD/export.csv") into a cell.