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Air Products and Chemicals APD Middle East and India — Cost of Sales

Other segment segments

Americas
$959.5M+9.8%
Asia
$561.6M+1.3%
Europe
$508.9M+7.4%
Corporate and other
$132.9M+11.0%

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$246.53M-24.9%

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$62.07B+3.5%
Enterprise value$62.03B+3.6%
P/E29.5×-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:CostOfGoodsAndServicesSold.

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 middle east and india — cost of sales?
Air Products and Chemicals (APD) reported middle east and india — cost of sales of $21.5M in Q1 2026.
How has Air Products and Chemicals's middle east and india — cost of sales changed year-over-year?
Air Products and Chemicals's middle east and india — cost of sales decreased by 33.4% year-over-year, from $32.3M to $21.5M.
What does middle east and india — cost of sales mean?
The direct costs associated with producing and delivering industrial gases and services within the Middle East and India segment. This includes raw materials, energy, labor, and maintenance costs directly tied to segment revenue.