AIR PRODUCTS AND CHEMICALS, INC. (APD) FY2025 Q1 P&L / Income Statement
2024-10-01 to 2024-12-31
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 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.
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- 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.

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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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