APD Q1 2024 Earnings — Air Products and Chemicals, Inc. Revenue & Financial Results | Market Cap Arena

APDAir Products and Chemicals, Inc.

$61B

Q1 2024 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$3.0B-5.6% YoY

Gross Profit

$931M31.1% margin

Operating Income

$667M22.3% margin

Net Income

$609M20.3% margin

EPS (Diluted)

$2.73

QoQ Revenue Growth

-6.1%

Cash Flow

Operating Cash Flow

$627M

Free Cash Flow

-$819M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$34.1B

Total Liabilities

$18.0B

Stockholders' Equity

$14.9B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.2B	-5.6%
Gross Profit	$931M	$902M	+3.2%
Operating Income	$667M	$652M	+2.3%
Net Income	$609M	$572M	+6.5%

Revenue Segments

On-site

$1.5B50%

Merchant

$1.3B44%

Sale of Equipment

$185M6%

Geographic Segments

Americas Segment

$1.3B45%

Asia Segment

$794M28%

Europe Segment

$731M26%

Middle East And India Segment

$35M1%