When did Air Products and Chemicals report Q1 2025 earnings?

Air Products and Chemicals (APD) reported Q1 2025 earnings on February 6, 2025 before market open.

What were Air Products and Chemicals's Q1 2025 revenue and EPS?

Air Products and Chemicals reported revenue of $2.9B and diluted EPS of $2.86 for Q1 2025.

Did Air Products and Chemicals beat estimates in Q1 2025?

Revenue missed the consensus estimate of $3.0B by $19.6M. EPS missed the consensus estimate of $3.13 by $0.27.

Where can I find Air Products and Chemicals's Q1 2025 SEC filings?

You can read the 10-Q periodic report (0000002969-25-000013) directly on SEC EDGAR. The filing index links above go to sec.gov.

Air Products and Chemicals APD Q1 2025 earnings

Reported February 6, 2025 · Before market open

Revenue$2.9BMiss by $19.6M Diluted EPS$2.86Miss by $0.27

Revenue estimate$3.0B

EPS estimate$3.13

Next report

Jul 30, 2026 (In 2 weeks)

Revenue estimate$3.2B

EPS estimate$3.35

Financials

Q1 2025

Income statement

See full

Revenue$2.9B-2.2%

Gross profit$915.0M-1.6%

Operating income$643.6M-3.5%

Net income$617.4M+1.3%

EPS (diluted)$2.77+1.5%

Balance sheet

See full

Cash & equivalents$1.8B-6.0%

Total debt$723.3M+11.0%

Total equity$16.7B+12.2%

Total assets$40.0B+17.3%

Cash flow

See full

Operating cash flow$811.7M+29.5%

CapEx$2.1B+46.5%

Free cash flow-$1.3B-59.5%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$64.5B+6.0%

Enterprise value$63.38B+6.5%

P/E16.8×-9.2×

P/S5.4×+0.5×

Profitability

See full

Gross margin32.5%+2.0pp

Operating margin36.9%+16.7pp

Net margin31.9%+13.1pp

FCF margin-30.2%+99.5pp

Returns & leverage

See full

Return on equity24.3%+8.1pp

Debt / equity0×0.0×

Current ratio1.1×-0.7×

Segments

By segment

See full

Americas$1.3B+2.8%

Asia$817.1M+2.9%

Europe$697.2M-4.6%

Corporate And Other$96.8M-47.6%

By product

See full

Onsite$1.5B-0.4%

Merchant$1.3B+2.1%

Saleof Equipment$96.8M-47.6%

By geography

See full

Other foreign operations$1.4B+3.4%

Versus estimates

Revenue

Q2 2026$3.2BBeat by $102.0M Q1 2026$3.1BBeat by $51.1M Q4 2025$3.2BMiss by $9.3M Q3 2025$3.0BBeat by $34.2M Q2 2025$2.9BMiss by $2.4M

Q1 2025$2.9BMiss by $19.6M

Diluted EPS

Q2 2026$3.20Beat by $0.14 Q1 2026$3.16Beat by $0.12 Q4 2025$3.39Beat by $0.01 Q3 2025$3.09Beat by $0.10 Q2 2025$2.69Miss by $0.14

Q1 2025$2.86Miss by $0.27

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Questions, answered.

When did Air Products and Chemicals report Q1 2025 earnings?: Air Products and Chemicals (APD) reported Q1 2025 earnings on February 6, 2025 before market open.
What were Air Products and Chemicals's Q1 2025 revenue and EPS?: Air Products and Chemicals reported revenue of $2.9B and diluted EPS of $2.86 for Q1 2025.
Did Air Products and Chemicals beat estimates in Q1 2025?: Revenue missed the consensus estimate of $3.0B by $19.6M. EPS missed the consensus estimate of $3.13 by $0.27.
Where can I find Air Products and Chemicals's Q1 2025 SEC filings?: You can read the 10-Q periodic report (0000002969-25-000013) directly on SEC EDGAR. The filing index links above go to sec.gov.