AIR PRODUCTS AND CHEMICALS, INC. (APD) FY2025 Q1 P&L / Income Statement

Revenue by Business Segment

2024-10-01 to 2024-12-31

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AIR PRODUCTS AND CHEMICALS, INC. (APD) FY2025 Q1 P&L / Income StatementIncome statement for 2024-10-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETAmericasAsiaEuropeCorporate and otherMiddle East and IndiaSalesGross profit (calculated)Cost of salesOperating IncomeOperating costs, net of other operating income (calculated)Selling and administrative expenseShareholder activism costsResearch and development expenseOther income (expense), netOther income (expense), net (calculated)Income Before TaxesNet IncomeIncome tax provisionOther income (expense), net (calculated)Other income,net (calculated)$146.90 MGross profit (calculated)Gross profit(calculated)$915.00 MIncome Before TaxesIncome Before Taxes$790.50 MSalesSales$2.93 BOperating IncomeOperating Income$643.60 MNet IncomeNet Income$649.80 MAmericasAmericas$1.29 BOperating costs, net of other operating income (calculated)Operating costs,net (calculated)$271.40 MIncome tax provisionIncome taxes$140.70 MCost of salesCost of sales$2.02 BSelling and administrative expenseSelling and administrative expense$242.40 MAsiaAsia$817.10 MShareholder activism costsShareholder activism costs$29.90 MResearch and development expenseResearch anddevelopment expense$22.00 MEuropeEurope$697.20 MOther income (expense), netOther income (expense), net−$22.90 MCorporate and otherCorporate and other$96.80 MMiddle East and IndiaMiddle East and India$32.80 M
Chart details

AIR PRODUCTS AND CHEMICALS, INC. (APD) FY2025 Q1 P&L / Income Statement

Income statement for 2024-10-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Sales
2,931,500,000 US dollars
Cost of sales
2,016,500,000 US dollars
Gross profit (calculated)
915,000,000 US dollars
Operating costs, net of other operating income (calculated)
271,400,000 US dollars
Operating Income
643,600,000 US dollars
Other income (expense), net (calculated)
146,900,000 US dollars
Income Before Taxes
790,500,000 US dollars
Income tax provision
140,700,000 US dollars
Net Income
649,800,000 US dollars
Americas
1,287,600,000 US dollars
Asia
817,100,000 US dollars
Europe
697,200,000 US dollars
Middle East and India
32,800,000 US dollars
Corporate and other
96,800,000 US dollars
Selling and administrative expense
242,400,000 US dollars
Research and development expense
22,000,000 US dollars
Shareholder activism costs
29,900,000 US dollars
Other income (expense), net
negative 22,900,000 US dollars
Americas costs (calculated)
899,400,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Asia costs (calculated)
600,700,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Europe costs (calculated)
510,700,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Middle East and India costs (calculated)
33,400,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Corporate and other costs (calculated)
213,800,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Reconciling items (calculated)
29,900,000 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 equals net income.
  • Of which attributable to AIR PRODUCTS AND CHEMICALS, INC.: $617.40 M; to noncontrolling interests: $32.40 M.
AIR PRODUCTS AND CHEMICALS, INC. (APD) FY2025 Q1 Revenue by Business Segment Sankey chart
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Gross margin

31.2%

Gross profit / revenue

Operating margin

22.0%

Operating profit / revenue

Cash conversion

124.9%

Operating cash / net income, same period

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