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.

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

Screener

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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Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$1.3B+3.5%

CapEx$995.7M-34.4%

Free cash flow$309.5M+221%

Valuation

See full

Market cap$67.57B+5.2%

Enterprise value$67.98B+7.7%

P/S5.4×0.0×

Profitability

See full

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

See full

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 item	Americas	Asia	Europe	Middle East and India	Corporate and other	Total
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)	3.3	2.0	1.2	1.5	(15.5)	(7.5)
Operating income (loss)(C)	373.9	240.0	211.6	4.6	(77.4)	752.7
Other segment information:
Depreciation and amortization	171.7	116.8	72.5	6.0	8.0	375.0

Item 1. Financial Statements (Unaudited)

FAQ

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.