Air Products and Chemicals Middle East and India — Equity affiliates' income decreased by 6.3% to $79.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.3%, from $78.20M to $79.20M. Over 2 years (FY 2023 to FY 2025), Middle East and India — Equity affiliates' income shows relatively stable performance with a -1.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates successful performance of regional partnerships and joint ventures.
The company's share of net income from joint ventures and equity-accounted investments operating within the Middle East...
Common in industries where joint ventures are used to share capital risk in international markets.
apd_segment_middle_east_and_india_equity_affiliates_income| Q2 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $17.10M | $92.30M | $71.10M | $67.20M | $64.10M | $98.90M | $95.50M | $91.30M | $92.90M | $73.90M | $89.20M | $91.50M | $85.00M | $78.20M | $86.00M | $91.70M | $84.50M | $79.20M |
| QoQ Change | — | +439.8% | -23.0% | -5.5% | -4.6% | +54.3% | -3.4% | -4.4% | +1.8% | -20.5% | +20.7% | +2.6% | -7.1% | -8.0% | +10.0% | +6.6% | -7.9% | -6.3% |
| YoY Change | — | — | — | +293.0% | -30.6% | +39.1% | +42.1% | — | +44.9% | -25.3% | -6.6% | +0.2% | -8.5% | +5.8% | -3.6% | +0.2% | -0.6% | +1.3% |