APD Q2 2023 Earnings — Air Products and Chemicals, Inc. Revenue & Financial Results | Market Cap Arena

APDAir Products and Chemicals, Inc.

$61B

Q2 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$3.2B+8.7% YoY

Gross Profit

$917M28.7% margin

Operating Income

$460M14.4% margin

Net Income

$440M13.7% margin

EPS (Diluted)

$1.97

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$639M

Free Cash Flow

-$368M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$29.4B

Total Liabilities

$14.7B

Stockholders' Equity

$14.1B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$2.9B	+8.7%
Gross Profit	$917M	$794M	+15.6%
Operating Income	$460M	$562M	-18.2%
Net Income	$440M	$531M	-17.1%

Revenue Segments

On-site

$1.6B49%

Merchant

$1.4B44%

Sale of Equipment

$215M7%

Geographic Segments

Americas Segment

$1.4B46%

Asia Segment

$814M27%

Europe Segment

$753M25%

Middle East And India Segment

$45M2%