APDAir Products and Chemicals, Inc.

$61B

Q1 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$3.2B+6.0% YoY

Gross Profit

$902M28.4% margin

Operating Income

$652M20.5% margin

Net Income

$572M18.0% margin

EPS (Diluted)

$2.57

QoQ Revenue Growth

-11.1%

Cash Flow

Operating Cash Flow

$719M

Free Cash Flow

-$115M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$28.3B

Total Liabilities

$13.8B

Stockholders' Equity

$13.9B

Cash & Equivalents

$3.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$3.0B	+6.0%
Gross Profit	$902M	$771M	+17.1%
Operating Income	$652M	$523M	+24.7%
Net Income	$572M	$560M	+2.1%

Revenue Segments

On-site

$1.7B52%

Merchant

$1.3B42%

Sale of Equipment

$179M6%

Geographic Segments

Americas Segment

$1.4B46%

Europe Segment

$792M26%

Asia Segment

$778M26%

Middle East And India Segment

$41M1%

APD Q1 2023 Earnings — Air Products and Chemicals, Inc. Revenue & Financial Results | Market Cap Arena