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Air Products and Chemicals APD Asia — Cost of Sales

Other segment segments

Americas
$959.5M+9.8%
Europe
$508.9M+7.4%
Corporate and other
$132.9M+11.0%
Middle East and India
$21.5M-33.4%

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Other financials

Income statement

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Revenue$3.2B-0.2%
Gross profit$1.0B+1.4%
Operating income-$2.1B
Net income-$1.4B
EPS (diluted)-$6.47

Balance sheet

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Cash & equivalents$980.5M-47.2%
Total debt$1.4B+86.7%
Total equity$13.9B-7.6%
Total assets$40.4B-1.5%

Cash flow

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Operating cash flow$1.3B+3.5%
CapEx$995.7M-34.4%
Free cash flow$309.5M+221%

Valuation

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Market cap$67.57B+5.2%
Enterprise value$67.98B+7.7%
P/S5.4×0.0×

Profitability

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Gross margin32.1%+0.8pp
Operating margin-21.5%-45.5pp
Net margin-0.4%-0.7pp
FCF margin-2.4%-1.2pp

Returns & leverage

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Return on equity-10.3%-15.1pp
Debt / equity0.1×+0.1×
Current ratio1.1×-0.3×

Where this comes from

Reported directly by Air Products and Chemicals in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Air Products and Chemicals’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 11:07 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000002969-26-000020
Line itemAmericasAsiaEuropeMiddle East and IndiaCorporate and otherTotal
Three Months Ended 31 March 2026
Sales(A)$1,383.9$832.6$789.0$29.2$137.1$3,171.8
Cost of sales(959.5)(561.6)(508.9)(21.5)(132.9)(2,184.4)
Selling and administrative expense(53.8)(33.0)(69.7)(4.6)(66.1)(227.2)
Other segment items(B)3.32.01.21.5(15.5)(7.5)
Operating income (loss)(C)373.9240.0211.64.6(77.4)752.7
Other segment information:
Depreciation and amortization171.7116.872.56.08.0375.0

Item 1. Financial Statements (Unaudited)

FAQ

What is Air Products and Chemicals's asia — cost of sales?
Air Products and Chemicals (APD) reported asia — cost of sales of $561.6M in Q1 2026.
How has Air Products and Chemicals's asia — cost of sales changed year-over-year?
Air Products and Chemicals's asia — cost of sales increased by 1.3% year-over-year, from $554.4M to $561.6M.
What does asia — cost of sales mean?
The direct costs associated with producing and delivering industrial gases and equipment within the Asia segment. This includes raw materials, energy, labor, and maintenance costs directly tied to regional production facilities.

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