Air Products & Chemicals, Inc. R&D Expense 2007-2026 | APD
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is Air Products & Chemicals, Inc.'s current r&d expense?
Air Products & Chemicals, Inc. (APD) annual r&d expense for 2025 was $96.3M, a 3.89% decline from 2024. Air Products & Chemicals, Inc. r&d expense for the quarter ending December 31, 2025 was $20.4M.
What was Air Products & Chemicals, Inc.'s r&d expense in 2024?
Air Products & Chemicals, Inc. annual r&d expense for 2024 was $100.2M, a 5.11% decline from 2023.
What was Air Products & Chemicals, Inc.'s r&d expense in 2023?
Air Products & Chemicals, Inc. annual r&d expense for 2023 was $105.6M, a 2.62% increase from 2022.
What is Air Products & Chemicals, Inc.'s 5-year r&d expense CAGR?
Air Products & Chemicals, Inc. r&d expense grew at a compound annual growth rate (CAGR) of 2.80% from FY2020 to FY2025, going from $83.9M to $96.3M over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Declining
CAGR+2.8%
FY2020
$83.9M
→
FY2025
$96.3M
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $96.3M | -3.9% | 10-K |
| FY2024 | $100.2M | -5.1% | 10-K |
| FY2023 | $105.6M | +2.6% | 10-K |
| FY2022 | $102.9M | +10.1% | 10-K |
| FY2021 | $93.5M | +11.4% | 10-K |
| FY2020 | $83.9M | +15.1% | 10-K |
| FY2019 | $72.9M | +13.0% | 10-K |
| FY2018 | $64.5M | +12.0% | 10-K |
| FY2017 | $57.6M | -19.8% | 10-K |
| FY2016 | $71.8M | -6.0% | 10-K |
| FY2015 | $76.4M | -45.4% | 10-K |
| FY2014 | $139.8M | +4.6% | 10-K |
| FY2013 | $133.7M | +5.8% | 10-K |
| FY2012 | $126.4M | +6.4% | 10-K |
| FY2011 | $118.8M | +3.6% | 10-K |
| FY2010 | $114.7M | -1.4% | 10-K |
| FY2009 | $116.3M | -11.0% | 10-K |
| FY2008 | $130.7M | +1.3% | 10-K |
| FY2007 | $129.0M | - | 10-K |
Company: Air Products & Chemicals, Inc.Ticker: APDSector: IndustrialIndustry: Industrial Inorganic ChemicalsView company profile →