Company / Return on Equity (ROE)
Air Products Return on Equity (ROE) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-2.6%
FY2025
5-year range
-2.6% / 22.5%
FY2021-FY2025
Trend
-111.7%
vs FY2024
Sector context
#72 of 113
Materials
What the data says
Air Products reports negative total equity of -2.6% in FY2025. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-2.6% in FY2025 with a 5-year CAGR of -18.3%.
Declined from 14.7% to -2.6% over the past 2 years.
Materials sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -17.0pp
- 5-Year Change
- -18.3pp
- 10-Year Change
- -
Sector benchmark
#72 of 113 in MaterialsTop 64% of 113This company -2.6% Sector average -10.0%
▼
+73.7% above sector average
Key checks
Key Insights
- In FY2025, return on equity (roe) decreased 111.7% year-over-year.
- Currently 7.4pp above the Materials sector average.
- Peak return on equity (roe) was recorded in FY2017.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.86 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | -2.6% | -111.7% |
| FY2024 | 22.5% | +53.2% |
| FY2023 | 14.7% | +2.2% |
| FY2022 | 14.3% | +10.4% |
| FY2021 | 13.0% | -16.8% |
| FY2020 | 15.6% | -42.4% |
| FY2019 | 27.1% | +367.1% |
| FY2018 | 5.8% | -80.5% |
| FY2017 | 29.8% | +233.9% |
| FY2016 | 8.9% | -49.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026