35/100B315.19
USD
-1.06
(-0.34%)
Market Open
Last updated: · Delayed 15 min
Fair valueNot reliable
Q1 FY2027 · Earnings report
EPS estimate 3.44Revenue estimate 3.32B
Q1 FY2027 · Earnings report
EPS estimate 3.44Revenue estimate 3.32B
Air Products & Chemicals return on equity (ROE)What is return on equity (ROE)? Return on equity (ROE) is a year of net income divided by shareholders' equity: the profit a company makes on each dollar its owners have in it.
Air Products & Chemicals's return on equity is 4.05%: net income of 578.20M USD over the last twelve months on shareholders' equity of 14.28B USD.
- Today
- 4.05%
- Average, 5 years
- 12.79%
- Low, 5 years
- -2.57%
- High, 5 years
- 23.07%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 578.20M ÷ 14.28B = 4.05%
ROE (return on equity)
Net income
Shareholders' equity
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
What drives Air Products & Chemicals's return on equity?What is DuPont analysis? DuPont analysis splits return on equity into three parts: profit margin, asset turnover and the equity multiplier. It shows whether a high ROE comes from profits, from using assets well, or from debt.
Net margin
4.1%
profit on each dollar of sales
×
Asset turnover
0.32×
sales on each dollar of assets
×
Equity multiplier
2.89×
assets on each dollar of equity
=
Return on equity
3.7%
FY2026
- FY20264.1% × 0.32 × 2.89 = 3.7%
- FY2025-3.3% × 0.29 × 2.73 = -2.6%
- FY202431.6% × 0.31 × 2.32 = 22.5%
- FY202318.3% × 0.39 × 2.24 = 16.1%
- FY202217.8% × 0.47 × 2.07 = 17.2%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 4.05% | 578.20M | 14.28B | |
| FY2026 | 30 Sept 2026 | 3.73% | 532.10M | 14.28B |
| FY2025 | 30 Sept 2025 | 0.03% | 4.90M | 15.02B |
| FY2024 | 30 Sept 2024 | 22.55% | 3.84B | 17.04B |
| FY2023 | 30 Sept 2023 | 16.02% | 2.29B | 14.31B |
| FY2022 | 30 Sept 2022 | 17.07% | 2.24B | 13.14B |
| FY2021 | 30 Sept 2021 | 14.98% | 2.03B | 13.54B |
| FY2020 | 30 Sept 2020 | 15.74% | 1.90B | 12.08B |
| FY2019 | 30 Sept 2019 | 15.92% | 1.76B | 11.05B |
| FY2018 | 30 Sept 2018 | 13.41% | 1.46B | 10.86B |
| FY2017 | 30 Sept 2017 | 11.25% | 1.13B | 10.09B |
| FY2016 | 30 Sept 2016 | 15.53% | 1.10B | 7.08B |
| FY2015 | 30 Sept 2015 | 17.63% | 1.28B | 7.25B |
| FY2014 | 30 Sept 2014 | 13.40% | 987.10M | 7.37B |
| FY2013 | 30 Sept 2013 | 14.26% | 1.00B | 7.04B |
| FY2012 | 30 Sept 2012 | 15.45% | 999.20M | 6.47B |
| FY2011 | 30 Sept 2011 | 21.77% | 1.26B | 5.80B |
| FY2010 | 30 Sept 2010 | 18.55% | 1.03B | 5.55B |
| FY2009 | 30 Sept 2009 | 13.13% | 629.20M | 4.79B |
| FY2008 | 30 Sept 2008 | 15.98% | 803.80M | 5.03B |
| FY2007 | 30 Sept 2007 | 18.84% | 1.04B | 5.50B |
| FY2006 | 30 Sept 2006 | 14.69% | 723.40M | 4.92B |
| FY2005 | 30 Sept 2005 | 15.66% | 711.70M | 4.55B |
| FY2004 | 30 Sept 2004 | 13.59% | 604.10M | 4.44B |
| FY2003 | 30 Sept 2003 | 10.50% | 397.30M | 3.78B |
| FY2002 | 30 Sept 2002 | 15.18% | 525.40M | 3.46B |
| FY2001 | 30 Sept 2001 | 14.99% | 465.60M | 3.11B |
| FY2000 | 30 Sept 2000 | 4.40% | 124.20M | 2.82B |
| FY1999 | 30 Sept 1999 | 15.21% | 450.50M | 2.96B |
| FY1998 | 30 Sept 1998 | 20.50% | 546.80M | 2.67B |
| FY1997 | 30 Sept 1997 | 16.21% | 429.30M | 2.65B |
| FY1996 | 30 Sept 1996 | 16.16% | 416.00M | 2.57B |
| FY1995 | 30 Sept 1995 | 15.35% | 368.00M | 2.40B |
| FY1994 | 30 Sept 1994 | 11.23% | 247.80M | 2.21B |
| FY1993 | 30 Sept 1993 | 9.56% | 200.90M | 2.10B |
| FY1992 | 30 Sept 1992 | 13.20% | 277.00M | 2.10B |
| FY1991 | 30 Sept 1991 | 13.52% | 248.90M | 1.84B |
| FY1990 | 30 Sept 1990 | 13.62% | 229.90M | 1.69B |
| FY1989 | 30 Sept 1989 | 15.37% | 222.10M | 1.44B |
| FY1988 | 30 Sept 1988 | 16.80% | 213.70M | 1.27B |
| FY1987 | 30 Sept 1987 | 13.93% | 159.70M | 1.15B |
| FY1986 | 30 Sept 1986 | 0.43% | 4.70M | 1.10B |
| FY1985 | 30 Sept 1985 | 12.34% | 143.50M | 1.16B |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q4 FY2026 | 30 Sept 2026 | 4.05% | 578.20M | 14.28B |
| Q3 FY2026 | 30 Jun 2026 | -0.01% | -1.20M | 13.88B |
| Q2 FY2026 | 31 Mar 2026 | 13.69% | 2.14B | 15.65B |
| Q1 FY2026 | 31 Dec 2025 | -2.11% | -325.70M | 15.41B |
| Q4 FY2025 | 30 Sept 2025 | -2.57% | -386.50M | 15.02B |
| Q3 FY2025 | 30 Jun 2025 | 10.12% | 1.57B | 15.54B |
| Q2 FY2025 | 31 Mar 2025 | 10.52% | 1.55B | 14.70B |
| Q1 FY2025 | 31 Dec 2024 | 23.07% | 3.85B | 16.69B |
| Q4 FY2024 | 30 Sept 2024 | 22.55% | 3.84B | 17.04B |
| Q3 FY2024 | 30 Jun 2024 | 16.98% | 2.56B | 15.10B |
| Q2 FY2024 | 31 Mar 2024 | 16.51% | 2.46B | 14.91B |
| Q1 FY2024 | 31 Dec 2023 | 15.67% | 2.33B | 14.87B |
| Q4 FY2023 | 30 Sept 2023 | 16.02% | 2.29B | 14.31B |
| Q3 FY2023 | 30 Jun 2023 | 15.41% | 2.18B | 14.14B |
| Q2 FY2023 | 31 Mar 2023 | 15.40% | 2.16B | 14.06B |
| Q1 FY2023 | 31 Dec 2022 | 16.18% | 2.26B | 13.94B |
| Q4 FY2022 | 30 Sept 2022 | 17.07% | 2.24B | 13.14B |
| Q3 FY2022 | 30 Jun 2022 | 16.36% | 2.23B | 13.64B |
| Q2 FY2022 | 31 Mar 2022 | 15.58% | 2.17B | 13.96B |
| Q1 FY2022 | 31 Dec 2021 | 15.32% | 2.12B | 13.83B |
| Q4 FY2021 | 30 Sept 2021 | 14.98% | 2.03B | 13.54B |
| Q3 FY2021 | 30 Jun 2021 | 14.96% | 1.96B | 13.08B |
| Q2 FY2021 | 31 Mar 2021 | 14.76% | 1.88B | 12.73B |
| Q1 FY2021 | 31 Dec 2020 | 14.96% | 1.90B | 12.68B |
| Q4 FY2020 | 30 Sept 2020 | 15.74% | 1.90B | 12.08B |
| Q3 FY2020 | 30 Jun 2020 | 16.45% | 1.92B | 11.66B |
| Q2 FY2020 | 31 Mar 2020 | 17.23% | 1.96B | 11.37B |
| Q1 FY2020 | 31 Dec 2019 | 16.34% | 1.89B | 11.56B |
| Q4 FY2019 | 30 Sept 2019 | 15.92% | 1.76B | 11.05B |
| Q3 FY2019 | 30 Jun 2019 | 15.02% | 1.71B | 11.39B |
| Q2 FY2019 | 31 Mar 2019 | 14.80% | 1.65B | 11.17B |
| Q1 FY2019 | 31 Dec 2018 | 15.14% | 1.65B | 10.88B |
| Q4 FY2018 | 30 Sept 2018 | 13.41% | 1.46B | 10.86B |
| Q3 FY2018 | 30 Jun 2018 | 14.08% | 1.48B | 10.49B |
| Q2 FY2018 | 31 Mar 2018 | 10.87% | 1.15B | 10.58B |
| Q1 FY2018 | 31 Dec 2017 | 10.17% | 1.04B | 10.22B |
| Q4 FY2017 | 30 Sept 2017 | 11.25% | 1.13B | 10.09B |
| Q3 FY2017 | 30 Jun 2017 | 11.29% | 1.06B | 9.41B |
| Q2 FY2017 | 31 Mar 2017 | 12.97% | 1.21B | 9.32B |
| Q1 FY2017 | 31 Dec 2016 | 16.52% | 1.18B | 7.16B |
| Q4 FY2016 | 30 Sept 2016 | 18.29% | 1.29B | 7.08B |
| Q3 FY2016 | 30 Jun 2016 | 17.56% | 1.24B | 7.05B |
| Q2 FY2016 | 31 Mar 2016 | 18.88% | 1.31B | 6.92B |
| Q1 FY2016 | 31 Dec 2015 | 17.88% | 1.32B | 7.37B |
| Q4 FY2015 | 30 Sept 2015 | 17.63% | 1.28B | 7.25B |
| Q3 FY2015 | 30 Jun 2015 | 13.66% | 1.04B | 7.59B |
| Q2 FY2015 | 31 Mar 2015 | 14.06% | 1.03B | 7.33B |
| Q1 FY2015 | 31 Dec 2014 | 13.94% | 1.02B | 7.35B |
| Q4 FY2014 | 30 Sept 2014 | 13.40% | 987.10M | 7.37B |
| Q3 FY2014 | 30 Jun 2014 | 13.44% | 1.03B | 7.70B |
| Q2 FY2014 | 31 Mar 2014 | 13.68% | 1.01B | 7.37B |
| Q1 FY2014 | 31 Dec 2013 | 13.96% | 1.01B | 7.26B |
| Q4 FY2013 | 30 Sept 2013 | 14.26% | 1.00B | 7.04B |
| Q3 FY2013 | 30 Jun 2013 | 15.15% | 991.10M | 6.54B |
| Q2 FY2013 | 31 Mar 2013 | 16.66% | 1.06B | 6.37B |
| Q1 FY2013 | 31 Dec 2012 | 16.94% | 1.07B | 6.30B |
| Q4 FY2012 | 30 Sept 2012 | 16.06% | 1.04B | 6.47B |
| Q3 FY2012 | 30 Jun 2012 | 18.82% | 1.23B | 6.51B |
| Q2 FY2012 | 31 Mar 2012 | 19.22% | 1.20B | 6.26B |
| Q1 FY2012 | 31 Dec 2011 | 20.76% | 1.23B | 5.91B |
| Q4 FY2011 | 30 Sept 2011 | 21.52% | 1.25B | 5.80B |
| Q3 FY2011 | 30 Jun 2011 | 19.17% | 1.19B | 6.23B |
| Q2 FY2011 | 31 Mar 2011 | 19.10% | 1.11B | 5.83B |
| Q1 FY2011 | 31 Dec 2010 | 18.00% | 1.05B | 5.81B |
| Q4 FY2010 | 30 Sept 2010 | 18.55% | 1.03B | 5.55B |
| Q3 FY2010 | 30 Jun 2010 | 19.09% | 998.80M | 5.23B |
| Q2 FY2010 | 31 Mar 2010 | 16.31% | 858.80M | 5.27B |
| Q1 FY2010 | 31 Dec 2009 | 16.14% | 812.40M | 5.03B |
| Q4 FY2009 | 30 Sept 2009 | 13.13% | 629.20M | 4.79B |
| Q3 FY2009 | 30 Jun 2009 | 13.17% | 649.00M | 4.93B |
| Q2 FY2009 | 31 Mar 2009 | 13.06% | 605.90M | 4.64B |
| Q1 FY2009 | 31 Dec 2008 | 15.12% | 714.60M | 4.73B |
| Q4 FY2008 | 30 Sept 2008 | 18.08% | 909.70M | 5.03B |
| Q3 FY2008 | 30 Jun 2008 | 16.90% | 940.90M | 5.57B |
| Q2 FY2008 | 31 Mar 2008 | 20.92% | 1.16B | 5.52B |
| Q1 FY2008 | 31 Dec 2007 | 19.08% | 1.07B | 5.60B |
| Q4 FY2007 | 30 Sept 2007 | 18.84% | 1.04B | 5.50B |
| Q3 FY2007 | 30 Jun 2007 | 15.97% | 871.20M | 5.46B |
| Q2 FY2007 | 31 Mar 2007 | 15.10% | 796.60M | 5.28B |
| Q1 FY2007 | 31 Dec 2006 | 15.12% | 773.00M | 5.11B |
| Q4 FY2006 | 30 Sept 2006 | 14.69% | 723.40M | 4.92B |
| Q3 FY2006 | 30 Jun 2006 | 15.34% | 774.00M | 5.05B |
| Q2 FY2006 | 31 Mar 2006 | 15.18% | 754.30M | 4.97B |
| Q1 FY2006 | 31 Dec 2005 | 15.41% | 725.60M | 4.71B |
| Q4 FY2005 | 30 Sept 2005 | 15.66% | 711.70M | 4.55B |
| Q3 FY2005 | 30 Jun 2005 | 15.19% | 700.80M | 4.61B |
| Q2 FY2005 | 31 Mar 2005 | 13.71% | 673.20M | 4.91B |
| Q1 FY2005 | 31 Dec 2004 | 13.48% | 639.10M | 4.74B |
| Q4 FY2004 | 30 Sept 2004 | 13.59% | 604.10M | 4.44B |
| Q3 FY2004 | 30 Jun 2004 | 13.36% | 567.30M | 4.25B |
| Q2 FY2004 | 31 Mar 2004 | 10.41% | 430.90M | 4.14B |
| Q1 FY2004 | 31 Dec 2003 | 10.13% | 403.30M | 3.98B |
| Q4 FY2003 | 30 Sept 2003 | 10.50% | 397.30M | 3.78B |
| Q3 FY2003 | 30 Jun 2003 | 10.88% | 410.30M | 3.77B |
| Q2 FY2003 | 31 Mar 2003 | 14.25% | 525.00M | 3.68B |
| Q1 FY2003 | 31 Dec 2002 | 14.92% | 537.50M | 3.60B |
| Q4 FY2002 | 30 Sept 2002 | 15.18% | 525.40M | 3.46B |
| Q3 FY2002 | 30 Jun 2002 | 13.74% | 484.20M | 3.52B |
| Q2 FY2002 | 31 Mar 2002 | 14.41% | 475.20M | 3.30B |
| Q1 FY2002 | 31 Dec 2001 | 13.99% | 443.70M | 3.17B |
| Q4 FY2001 | 30 Sept 2001 | 14.99% | 465.60M | 3.11B |
| Q3 FY2001 | 30 Jun 2001 | 19.25% | 581.00M | 3.02B |
| Q2 FY2001 | 31 Mar 2001 | 8.87% | 256.20M | 2.89B |
| Q1 FY2001 | 31 Dec 2000 | 7.19% | 209.20M | 2.91B |
| Q4 FY2000 | 30 Sept 2000 | 4.40% | 124.20M | 2.82B |
| Q3 FY2000 | 30 Jun 2000 | 1.07% | 28.30M | 2.64B |
| Q2 FY2000 | 31 Mar 2000 | 10.79% | 315.40M | 2.92B |
| Q1 FY2000 | 31 Dec 1999 | 12.79% | 374.70M | 2.93B |
| Q4 FY1999 | 30 Sept 1999 | 15.21% | 450.50M | 2.96B |
| Q3 FY1999 | 30 Jun 1999 | 16.09% | 455.60M | 2.83B |
| Q2 FY1999 | 31 Mar 1999 | 17.98% | 499.10M | 2.78B |
| Q1 FY1999 | 31 Dec 1998 | 18.49% | 512.70M | 2.77B |
| Q4 FY1998 | 30 Sept 1998 | 20.50% | 546.80M | 2.67B |
| Q3 FY1998 | 30 Jun 1998 | 20.04% | 526.50M | 2.63B |
| Q2 FY1998 | 31 Mar 1998 | 19.39% | 504.40M | 2.60B |
| Q1 FY1998 | 31 Dec 1997 | 18.88% | 489.90M | 2.60B |
| Q4 FY1997 | 30 Sept 1997 | 16.21% | 429.30M | 2.65B |
| Q3 FY1997 | 30 Jun 1997 | 15.94% | 415.90M | 2.61B |
| Q2 FY1997 | 31 Mar 1997 | 15.56% | 397.90M | 2.56B |
| Q1 FY1997 | 31 Dec 1996 | 16.55% | 426.90M | 2.58B |
| Q4 FY1996 | 30 Sept 1996 | 16.16% | 416.00M | 2.57B |
| Q3 FY1996 | 30 Jun 1996 | 16.01% | 414.60M | 2.59B |
| Q2 FY1996 | 31 Mar 1996 | 16.32% | 416.70M | 2.55B |
| Q1 FY1996 | 31 Dec 1995 | 15.15% | 370.30M | 2.45B |
| Q4 FY1995 | 30 Sept 1995 | 15.35% | 368.00M | 2.40B |
| Q3 FY1995 | 30 Jun 1995 | 15.06% | 354.50M | 2.35B |
| Q2 FY1995 | 31 Mar 1995 | 14.04% | 320.20M | 2.28B |
| Q1 FY1995 | 31 Dec 1994 | 11.21% | 245.10M | 2.19B |
| Q4 FY1994 | 30 Sept 1994 | 11.23% | 247.80M | 2.21B |
| Q3 FY1994 | 30 Jun 1994 | 7.19% | 154.50M | 2.15B |
| Q2 FY1994 | 31 Mar 1994 | 7.67% | 159.50M | 2.08B |
| Q1 FY1994 | 31 Dec 1993 | 10.37% | 221.30M | 2.13B |
| Q4 FY1993 | 30 Sept 1993 | 9.56% | 200.90M | 2.10B |
| Q3 FY1993 | 30 Jun 1993 | 13.40% | 286.20M | 2.14B |
| Q2 FY1993 | 31 Mar 1993 | 13.41% | 283.80M | 2.12B |
| Q1 FY1993 | 31 Dec 1992 | 13.64% | 281.80M | 2.07B |
| Q4 FY1992 | 30 Sept 1992 | 13.20% | 277.00M | 2.10B |
| Q3 FY1992 | 30 Jun 1992 | 12.90% | 264.30M | 2.05B |
| Q2 FY1992 | 31 Mar 1992 | 13.32% | 260.00M | 1.95B |
| Q1 FY1992 | 31 Dec 1991 | 12.99% | 252.50M | 1.94B |
| Q4 FY1991 | 30 Sept 1991 | 13.52% | 248.90M | 1.84B |
| Q3 FY1991 | 30 Jun 1991 | 14.36% | 253.60M | 1.77B |
| Q2 FY1991 | 31 Mar 1991 | 14.05% | 246.30M | 1.75B |
| Q1 FY1991 | 31 Dec 1990 | 13.70% | 241.10M | 1.76B |
| Q4 FY1990 | 30 Sept 1990 | 13.62% | 229.90M | 1.69B |
| Q3 FY1990 | 30 Jun 1990 | 13.47% | 217.80M | 1.62B |
| Q2 FY1990 | 31 Mar 1990 | 13.76% | 214.40M | 1.56B |
| Q1 FY1990 | 31 Dec 1989 | 13.93% | 210.40M | 1.51B |
| Q4 FY1989 | 30 Sept 1989 | 15.37% | 222.10M | 1.44B |
| Q3 FY1989 | 30 Jun 1989 | 16.02% | 221.40M | 1.38B |
| Q2 FY1989 | 31 Mar 1989 | — | 220.30M | — |
| Q1 FY1989 | 31 Dec 1988 | — | 219.40M | — |
| Q4 FY1988 | 30 Sept 1988 | 16.80% | 213.70M | 1.27B |
| Q3 FY1988 | 30 Jun 1988 | — | 202.50M | — |
| Q2 FY1988 | 31 Mar 1988 | — | 194.30M | — |
| Q1 FY1988 | 31 Dec 1987 | — | 179.70M | — |
| Q4 FY1987 | 30 Sept 1987 | 13.93% | 159.70M | 1.15B |
| Q3 FY1987 | 30 Jun 1987 | — | 130.40M | — |
| Q2 FY1987 | 31 Mar 1987 | — | 7.70M | — |
| Q1 FY1987 | 31 Dec 1986 | — | 5.70M | — |
| Q4 FY1986 | 30 Sept 1986 | 0.43% | 4.70M | 1.10B |
| Q3 FY1986 | 30 Jun 1986 | — | 33.00M | — |
| Q2 FY1986 | 31 Mar 1986 | — | — | — |
| Q1 FY1986 | 31 Dec 1985 | — | — | — |
| Q4 FY1985 | 30 Sept 1985 | — | — | 1.16B |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios
Common questions about Air Products & Chemicals's ROE
Source: Financial Modeling Prep