APD Q2 2024 Earnings — Air Products and Chemicals, Inc. Revenue & Financial Results | Market Cap Arena

APDAir Products and Chemicals, Inc.

$61B

Q2 2024 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$2.9B-8.4% YoY

Gross Profit

$939M32.0% margin

Operating Income

$637M21.7% margin

Net Income

$572M19.5% margin

EPS (Diluted)

$2.57

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$802M

Free Cash Flow

-$868M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$35.9B

Total Liabilities

$19.6B

Stockholders' Equity

$14.9B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$3.2B	-8.4%
Gross Profit	$939M	$917M	+2.3%
Operating Income	$637M	$460M	+38.6%
Net Income	$572M	$440M	+30.2%

Revenue Segments

On-site

$1.4B48%

Merchant

$1.3B45%

Sale of Equipment

$201M7%

Geographic Segments

Americas Segment

$1.2B46%

Asia Segment

$780M29%

Europe Segment

$668M24%

Middle East And India Segment

$36M1%