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APD · NYSE · Chemicals - Specialty

Air Products (APD)

Supplies industrial gases through customer-adjacent plants, pipelines, bulk deliveries and cylinders.

$287.92

vs last close+8.46 (+3.03%)

In millions of USD, except per-share figures

In millions	Q4 FY23Sep 2023	Q1 FY24Dec 2023	Q2 FY24Mar 2024	Q3 FY24Jun 2024	Q4 FY24Sep 2024	Q1 FY25Dec 2024	Q2 FY25Mar 2025	Q3 FY25Jun 2025	Q4 FY25Sep 2025	Q1 FY26Dec 2025	Q2 FY26Mar 2026	Q3 FY26Jun 2026
Revenue	3,191	2,997	2,930	2,985	3,188	2,932	2,916	3,023	3,167	3,103	3,172	3,161
Cost of revenue	2,207	2,066	1,992	2,006	2,104	2,017	2,054	2,040	2,146	2,108	2,184	2,125
Gross profit	984	931	939	979	1,083	915	862	983	1,021	995	987	1,036
	246	263	302	242	−1,341	271	3,190	192	1,005	261	235	3,133
Research & development	25	26	25	27	22	22	23	24	27	20	22	22
	233	238	241	235	228	242	222	223	219	229	227	219
General & administrative	0	238	0	0	0	242	222	223	219	229	227	0
Other expenses	−12	−1	36	−20	−1,591	7	2,945	−55	758	11	−14	2,907
Operating income	739	667	637	738	2,424	644	−2,328	791	17	735	753	−2,097
	103	90	74	112	79	147	85	100	105	116	131	159
Interest expense	48	54	60	56	50	43	42	61	68	55	50	49
Other non-operating income	−151	−144	−134	−168	−129	−190	−127	−162	−172	−171	−180	−209
Income before tax	841	757	711	850	2,503	791	−2,243	891	121	851	884	−1,938
Income tax expense	154	135	131	141	538	141	−506	160	111	159	159	−515
Net income from continuing operations	687	622	581	709	1,965	650	−1,738	731	10	691	725	−1,422
Discontinued operations	7	0	0	0	−14	0	0	−8	0	0	0	0
Other adjustments	0	0	0	0	0	0	0	0	0	0	0	−37
Net income	693	609	572	697	1,950	617	−1,731	714	5	678	710	−1,441
EPS, basic	$3.11	$2.74	$2.57	$3.13	$8.76	$2.77	−$7.77	$3.20	$0.02	$3.04	$3.19	−$6.46
EPS, diluted	$3.11	$2.73	$2.57	$3.13	$8.75	$2.77	−$7.77	$3.20	$0.02	$3.04	$3.19	−$6.46
Weighted average shares, basic	222	223	223	223	223	223	223	223	223	223	223	223
Weighted average shares, diluted	223	223	223	223	223	223	223	223	223	223	223	223
EBITDA	1,247	1,160	1,132	1,266	2,934	1,200	−1,818	1,353	602	1,276	1,308	−1,888
Depreciation & amortization	357	349	361	360	381	367	384	401	413	371	375	0
EBIT	889	811	771	905	2,553	833	−2,201	952	189	905	933	−1,888