APD Q3 2025 Earnings — Air Products and Chemicals, Inc. Revenue & Financial Results | Market Cap Arena

APDAir Products and Chemicals, Inc.

$61B

Q3 2025 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$3.0B+1.3% YoY

Gross Profit

$983M32.5% margin

Operating Income

$791M26.2% margin

Net Income

$714M23.6% margin

EPS (Diluted)

$3.20

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$856M

Free Cash Flow

-$640M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$41.7B

Total Liabilities

$23.9B

Stockholders' Equity

$15.5B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.0B	+1.3%
Gross Profit	$983M	$979M	+0.3%
Operating Income	$791M	$738M	+7.2%
Net Income	$714M	$697M	+2.5%

Revenue Segments

On-site

$1.5B51%

Merchant

$1.3B44%

Sale of Equipment

$143M5%

Geographic Segments

Americas Segment

$1.3B44%

Asia Segment

$810M28%

Europe Segment

$771M27%

Middle East And India Segment

$38M1%