# AIR PRODUCTS AND CHEMICALS, INC. (APD) FY2024 Annual P&L / Income Statement

- Company: AIR PRODUCTS AND CHEMICALS, INC. (APD)
- Period: 2023-10-01 to 2024-09-30
- Filing: FY2024 10-K, filed 2024-11-21, accession number 0000002969-24-000056
- Page: https://plicit.ai/financials/apd/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/apd-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-10-01 through 2024-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Sales**: 12,100,600,000 US dollars
- **Cost of sales**: 8,168,700,000 US dollars
- **Gross profit (calculated)**: 3,931,900,000 US dollars
- **Operating costs, net of other operating income (calculated)**: negative 534,200,000 US dollars
- **Operating Income**: 4,466,100,000 US dollars
- **Other income (expense), net (calculated)**: 355,100,000 US dollars
- **Income From Continuing Operations Before Taxes**: 4,821,200,000 US dollars
- **Income tax provision**: 944,900,000 US dollars
- **Net Income**: 3,862,400,000 US dollars
- **On-site**: 5,892,700,000 US dollars
- **Merchant**: 5,329,500,000 US dollars
- **Sale of Equipment**: 878,400,000 US dollars
- **Selling and administrative expense**: 942,400,000 US dollars
- **Research and development expense**: 100,200,000 US dollars
- **Business and asset actions**: 57,000,000 US dollars
- **Gain on sale of business**: negative 1,575,600,000 US dollars
- **Other income (expense), net**: negative 58,200,000 US dollars
- **(Loss) Income from discontinued operations, net of tax**: negative 13,900,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to AIR PRODUCTS AND CHEMICALS, INC.: $3.83 B; to noncontrolling interests: $34.20 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/apd/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/apd-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2023-10-01 through 2024-09-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Sales**: 12,100,600,000 US dollars
- **Cost of sales**: 8,168,700,000 US dollars
- **Gross profit (calculated)**: 3,931,900,000 US dollars
- **Operating costs, net of other operating income (calculated)**: negative 534,200,000 US dollars
- **Operating Income**: 4,466,100,000 US dollars
- **Other income (expense), net (calculated)**: 355,100,000 US dollars
- **Income From Continuing Operations Before Taxes**: 4,821,200,000 US dollars
- **Income tax provision**: 944,900,000 US dollars
- **Net Income**: 3,862,400,000 US dollars
- **UNITED STATES**: 4,914,000,000 US dollars
- **CHINA**: 1,951,500,000 US dollars
- **Other foreign operations**: 5,235,100,000 US dollars
- **Selling and administrative expense**: 942,400,000 US dollars
- **Research and development expense**: 100,200,000 US dollars
- **Business and asset actions**: 57,000,000 US dollars
- **Gain on sale of business**: negative 1,575,600,000 US dollars
- **Other income (expense), net**: negative 58,200,000 US dollars
- **(Loss) Income from discontinued operations, net of tax**: negative 13,900,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to AIR PRODUCTS AND CHEMICALS, INC.: $3.83 B; to noncontrolling interests: $34.20 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/apd/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/apd-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2023-10-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Sales**: 12,100,600,000 US dollars
- **Cost of sales**: 8,168,700,000 US dollars
- **Gross profit (calculated)**: 3,931,900,000 US dollars
- **Operating costs, net of other operating income (calculated)**: negative 534,200,000 US dollars
- **Operating Income**: 4,466,100,000 US dollars
- **Other income (expense), net (calculated)**: 355,100,000 US dollars
- **Income From Continuing Operations Before Taxes**: 4,821,200,000 US dollars
- **Income tax provision**: 944,900,000 US dollars
- **Net Income**: 3,862,400,000 US dollars
- **Americas**: 5,040,100,000 US dollars
- **Asia**: 3,224,300,000 US dollars
- **Europe**: 2,823,400,000 US dollars
- **Middle East and India**: 134,400,000 US dollars
- **Corporate and other**: 878,400,000 US dollars
- **Selling and administrative expense**: 942,400,000 US dollars
- **Research and development expense**: 100,200,000 US dollars
- **Business and asset actions**: 57,000,000 US dollars
- **Gain on sale of business**: negative 1,575,600,000 US dollars
- **Other income (expense), net**: negative 58,200,000 US dollars
- **(Loss) Income from discontinued operations, net of tax**: negative 13,900,000 US dollars. Reported below-tax contribution to net income.
- **Americas costs (calculated)**: 3,475,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Asia costs (calculated)**: 2,365,100,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Europe costs (calculated)**: 2,013,400,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Middle East and India costs (calculated)**: 128,500,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Corporate and other costs (calculated)**: 1,171,100,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: negative 1,518,600,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to AIR PRODUCTS AND CHEMICALS, INC.: $3.83 B; to noncontrolling interests: $34.20 M.