Risk factors
Air Products & Chemicals (APD) risk factors
Item 1A of every Air Products & Chemicals, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors20 risks2 new1 dropped4 reworded
Financing access and borrowing costs are now highlighted as risks to cash flows and operations.
Filed Nov 20, 2025 - FY2024 10-K risk factors19 risks
Large-scale clean hydrogen, carbon capture, gasification, and other projects require multiyear execution and billions of dollars.
Filed Nov 21, 2024