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Air Products and Chemicals APD Americas — Operating income (loss)

Other segment segments

Asia
$240M+25.4%
Europe
$211.6M+8.2%
Corporate And Other
-$77.4M+34.6%
Middle East and India
$5M

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Other financials

Income statement

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Revenue$3.2B+8.8%
Gross profit$987.4M+14.5%
Operating income$752.7M+132%
Net income$710.4M+141%
EPS (diluted)$3.19+141%

Balance sheet

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Cash & equivalents$951.0M-36.2%
Total debt$914.5M-35.2%
Total equity$15.6B+6.4%
Total assets$41.6B+7.1%

Cash flow

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Operating cash flow$1.1B+236%
CapEx$1.1B-41.4%
Free cash flow-$3.9M+99.8%

Valuation

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Market cap$62.34B+3.5%
Enterprise value$62.3B+3.6%
P/E29.7×-9.6×
P/S0.0×

Profitability

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Gross margin32%0.0pp
Operating margin18.3%+6.0pp
Net margin16.9%+4.1pp
FCF margin-10%-4.2pp

Returns & leverage

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Return on equity13.9%+3.5pp
Debt / equity0.1×0.0×
Current ratio1.4×+0.4×

Where this comes from

Reported directly by Air Products and Chemicals in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Air Products and Chemicals’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Air Products and Chemicals's americas — operating income (loss)?
Air Products and Chemicals (APD) reported americas — operating income (loss) of $373.9M in Q1 2026.
How has Air Products and Chemicals's americas — operating income (loss) changed year-over-year?
Air Products and Chemicals's americas — operating income (loss) increased by 2.2% year-over-year, from $365.7M to $373.9M.
What is the long-term trend for Air Products and Chemicals's americas — operating income (loss)?
Over 4 years (2021 to 2025), Air Products and Chemicals's americas — operating income (loss) has grown at a 9.3% compound annual growth rate (CAGR), from $1.07B to $1.52B.
What does americas — operating income (loss) mean?
The profit or loss generated by the Americas segment after deducting operating expenses from total revenue. This is the primary measure of the segment's operational profitability and performance.