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Air Products and Chemicals APD Middle East and India — Selling and administrative expense

Other segment segments

Europe
$69.7M+17.7%
Corporate and other
$66.1M-13.8%
Americas
$53.8M+8.0%
Asia
$33M+10.0%

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$221M+8.9%
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NVRMid East — Selling, General, And Administrative Expense, Adjusted
$18.76M-4.8%
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VRTEurope, Middle East, & Africa — Selling, general and administrative expenses
$27.5M+13.6%
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TDWMiddle East1 — General And Administrative Expense
$2.28M-22.5%
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SWEurope, MEA and APAC — Selling, General and Administrative Expense
$322M+10.7%

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:SellingGeneralAndAdministrativeExpense.

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 — selling and administrative expense?
Air Products and Chemicals (APD) reported middle east and india — selling and administrative expense of $4.6M in Q1 2026.
How has Air Products and Chemicals's middle east and india — selling and administrative expense changed year-over-year?
Air Products and Chemicals's middle east and india — selling and administrative expense decreased by 27.0% year-over-year, from $6.3M to $4.6M.
What does middle east and india — selling and administrative expense mean?
Operating expenses incurred to support the sales, marketing, and general administration of the Middle East and India business unit. These costs are essential for maintaining the regional organizational structure and customer support.