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

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

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.