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Air Products & Chemicals vs Southern Copper Corp/: revenue, profit, margins and growth compared

Air Products & Chemicals brought in $12B of revenue in fiscal 2025, Southern Copper Corp/ $13.4B in fiscal 2025. Revenue changed by -0.5% at Air Products & Chemicals and +17.4% at Southern Copper Corp/ on the year before, so Southern Copper Corp/ grew faster. Air Products & Chemicals kept -3.3% of its revenue as net profit, Southern Copper Corp/ 32.3%. Free cash flow was -$3.8B at Air Products & Chemicals and $3.4B at Southern Copper Corp/.

Side by side, latest fiscal year

APDSCCO
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$12B$13.4B
Revenue growth-0.5%+17.4%
Net income-$394.5M$4.3B
Net margin-3.3%32.3%
Free cash flow-$3.8B$3.4B
Free cash flow margin-31.3%25.5%
Earnings per share (diluted)-$1.77$5.24
Cash$1.9B$4.3B
Debt$17.7B$6.8B
Price to earningsn/a38.9
Market value$62.7B$170.1B
Dividend yield2.53%1.52%
Rank by revenue in sector#7 of 71 · Basic materials#6 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: $12BSCCO FY2018: $7.1BSCCO FY2019: $7.3BSCCO FY2020: $8BSCCO FY2021: $10.9BSCCO FY2022: $10BSCCO FY2023: $9.9BSCCO FY2024: $11.4BSCCO FY2025: $13.4BFY18FY19FY20FY21FY22FY23FY24FY25
APD $12BSCCO $13.4B
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: -$394.5MSCCO FY2018: $1.5BSCCO FY2019: $1.5BSCCO FY2020: $1.6BSCCO FY2021: $3.4BSCCO FY2022: $2.6BSCCO FY2023: $2.4BSCCO FY2024: $3.4BSCCO FY2025: $4.3BFY18FY19FY20FY21FY22FY23FY24FY25
APD -$394.5MSCCO $4.3B
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%SCCO FY2018: 21.7%SCCO FY2019: 20.4%SCCO FY2020: 19.7%SCCO FY2021: 31.1%SCCO FY2022: 26.3%SCCO FY2023: 24.5%SCCO FY2024: 29.5%SCCO FY2025: 32.3%FY18FY19FY20FY21FY22FY23FY24FY25
APD -3.3%SCCO 32.3%
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%SCCO FY2019: +2.7%SCCO FY2020: +9.6%SCCO FY2021: +36.9%SCCO FY2022: -8.1%SCCO FY2023: -1.5%SCCO FY2024: +15.5%SCCO FY2025: +17.4%FY19FY20FY21FY22FY23FY24FY25
APD -0.5%SCCO +17.4%
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: -$3.8BSCCO FY2018: $1.1BSCCO FY2019: $1.2BSCCO FY2020: $2.2BSCCO FY2021: $3.4BSCCO FY2022: $1.9BSCCO FY2023: $2.6BSCCO FY2024: $3.4BSCCO FY2025: $3.4BFY18FY19FY20FY21FY22FY23FY24FY25
APD -$3.8BSCCO $3.4B

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

Questions about Air Products & Chemicals and Southern Copper Corp/

Which is bigger by revenue, Air Products & Chemicals or Southern Copper Corp/?

Southern Copper Corp/ is bigger by revenue: $13.4B in fiscal 2025, against $12B for Air Products & Chemicals in fiscal 2025.

Which keeps more of its revenue as profit, Air Products & Chemicals or Southern Copper Corp/?

Air Products & Chemicals had a net margin of -3.3% in fiscal 2025; Southern Copper Corp/ had 32.3% in fiscal 2025.

Which grew revenue faster, Air Products & Chemicals or Southern Copper Corp/?

In their latest fiscal years revenue changed by -0.5% at Air Products & Chemicals and +17.4% at Southern Copper Corp/.

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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