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Air Products & Chemicals vs Lsb Industries: revenue, profit, margins and growth compared

Air Products & Chemicals brought in $12B of revenue in fiscal 2025, Lsb Industries $615.2M in fiscal 2025. Revenue changed by -0.5% at Air Products & Chemicals and +17.8% at Lsb Industries on the year before, so Lsb Industries grew faster. Air Products & Chemicals kept -3.3% of its revenue as net profit, Lsb Industries 4.0%. Free cash flow was -$3.8B at Air Products & Chemicals and $18.1M at Lsb Industries.

Side by side, latest fiscal year

APDLXU
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$12B$615.2M
Revenue growth-0.5%+17.8%
Net income-$394.5M$24.6M
Net margin-3.3%4.0%
Free cash flow-$3.8B$18.1M
Free cash flow margin-31.3%2.9%
Earnings per share (diluted)-$1.77$0.34
Cash$1.9B$19.5M
Debt$17.7B$441.1M
Price to earningsn/a29.1
Market value$62.7B$712.1M
Dividend yield2.53%n/a
Rank by revenue in sector#7 of 71 · Basic materials#42 of 71 · Basic materials

Over the years

Revenue
APD FY2018: $8.9BAPD FY2019: $8.9BAPD FY2020: $8.9BAPD FY2021: $10.3BAPD FY2022: $12.7BAPD FY2023: $12.6BAPD FY2024: $12.1BAPD FY2025: $12BLXU FY2018: $378.2MLXU FY2019: $365.1MLXU FY2020: $351.3MLXU FY2021: $556.2MLXU FY2022: $901.7MLXU FY2023: $593.7MLXU FY2024: $522.4MLXU FY2025: $615.2MFY18FY19FY20FY21FY22FY23FY24FY25
APD $12BLXU $615.2M
Net income
APD FY2018: $1.5BAPD FY2019: $1.8BAPD FY2020: $1.9BAPD FY2021: $2.1BAPD FY2022: $2.3BAPD FY2023: $2.3BAPD FY2024: $3.8BAPD FY2025: -$394.5MLXU FY2018: -$72.2MLXU FY2019: -$63.4MLXU FY2020: -$61.9MLXU FY2021: $43.5MLXU FY2022: $230.3MLXU FY2023: $27.9MLXU FY2024: -$19.4MLXU FY2025: $24.6MFY18FY19FY20FY21FY22FY23FY24FY25
APD -$394.5MLXU $24.6M
Net margin
APD FY2018: 16.8%APD FY2019: 19.7%APD FY2020: 21.3%APD FY2021: 20.3%APD FY2022: 17.8%APD FY2023: 18.3%APD FY2024: 31.6%APD FY2025: -3.3%LXU FY2018: -19.1%LXU FY2019: -17.4%LXU FY2020: -17.6%LXU FY2021: 7.8%LXU FY2022: 25.5%LXU FY2023: 4.7%LXU FY2024: -3.7%LXU FY2025: 4.0%FY18FY19FY20FY21FY22FY23FY24FY25
APD -3.3%LXU 4.0%
Revenue growth
APD FY2019: -0.1%APD FY2020: -0.7%APD FY2021: +16.6%APD FY2022: +23.0%APD FY2023: -0.8%APD FY2024: -4.0%APD FY2025: -0.5%LXU FY2019: -3.5%LXU FY2020: -3.8%LXU FY2021: +58.3%LXU FY2022: +62.1%LXU FY2023: -34.2%LXU FY2024: -12.0%LXU FY2025: +17.8%FY19FY20FY21FY22FY23FY24FY25
APD -0.5%LXU +17.8%
Free cash flow
APD FY2018: $978.8MAPD FY2019: $980.2MAPD FY2020: $755.7MAPD FY2021: $871MAPD FY2022: $244.1MAPD FY2023: -$1.4BAPD FY2024: -$3.2BAPD FY2025: -$3.8BLXU FY2018: -$19.4MLXU FY2019: -$34MLXU FY2020: -$33MLXU FY2021: $52.5MLXU FY2022: $299.8MLXU FY2023: $69.9MLXU FY2024: -$5.7MLXU FY2025: $18.1MFY18FY19FY20FY21FY22FY23FY24FY25
APD -$3.8BLXU $18.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Air Products & Chemicals and Lsb Industries

Which is bigger by revenue, Air Products & Chemicals or Lsb Industries?

Air Products & Chemicals is bigger by revenue: $12B in fiscal 2025, against $615.2M for Lsb Industries in fiscal 2025.

Which keeps more of its revenue as profit, Air Products & Chemicals or Lsb Industries?

Air Products & Chemicals had a net margin of -3.3% in fiscal 2025; Lsb Industries had 4.0% in fiscal 2025.

Which grew revenue faster, Air Products & Chemicals or Lsb Industries?

In their latest fiscal years revenue changed by -0.5% at Air Products & Chemicals and +17.8% at Lsb Industries.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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