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: 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.