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Air Products and Chemicals APD Middle East and India — Sales

Other segment segments

Americas
$1.38B+7.5%
Asia
$832.6M+7.6%
Europe
$789M+8.5%
Corporate And Other
$137.1M+44.8%

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VNTEurope, Middle East and Africa — Sales
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ATISouth America, Middle East and other — Sales
$78.3M+20.3%

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:Revenues.

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 IndiaCorporateand otherTotal%
On-site$840.4$580.8$274.6$15.9$—$1,711.754%
Merchant543.5251.8514.413.31,323.042%
Sale of equipment137.1137.14%
Total$1,383.9$832.6$789.0$29.2$137.1$3,171.8100%
Three Months Ended 31 March 2025
AmericasAsiaEuropeMiddle East and IndiaCorporateand otherTotal%
On-site$760.5$523.1$249.2$19.7$—$1,552.553%
Merchant526.7251.0478.213.11,269.044%

Item 1. Financial Statements (Unaudited)

FAQ

What is Air Products and Chemicals's middle east and india — sales?
Air Products and Chemicals (APD) reported middle east and india — sales of $29.2M in Q1 2026.
How has Air Products and Chemicals's middle east and india — sales changed year-over-year?
Air Products and Chemicals's middle east and india — sales decreased by 11.0% year-over-year, from $32.8M to $29.2M.
What is the long-term trend for Air Products and Chemicals's middle east and india — sales?
Over 2 years (2023 to 2025), Air Products and Chemicals's middle east and india — sales has grown at a -8.6% compound annual growth rate (CAGR), from $162.5M to $135.9M.
What does middle east and india — sales mean?
Represents the total revenue generated from industrial gas and related services within the Middle East and India geographic segment. This metric reflects the company's market penetration and demand for its products in these specific high-growth regions.

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