Air Products and Chemicals Operating Segments — Operating Income decreased by 2.4% to $734.50M in Q2 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.1%, from $790.60M to $734.50M. Over 4 years (FY 2021 to FY 2025), Operating Segments — Operating Income shows a downward trend with a -48.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher operating income suggests improved cost control or higher margins, whereas a loss or declining income suggests operational inefficiencies or margin compression.
This metric measures the profitability of a business segment by subtracting operating expenses from its net revenue. It...
Comparable to segment operating profit or EBIT reported by industrial peers.
apd_segment_operating_segments_operating_income_loss| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $577.10M | $539.10M | $523.00M | $561.90M | $627.40M | $523.00M | $652.00M | $459.80M | $644.20M | $652.00M | $666.90M | $637.20M | $737.60M | $666.90M | $643.60M | -$2.33B | $790.60M | $643.60M | $734.50M | $752.70M | $734.50M |
| QoQ Change | — | -6.6% | -3.0% | +7.4% | +11.7% | -16.6% | +24.7% | -29.5% | +40.1% | +1.2% | +2.3% | -4.5% | +15.8% | -9.6% | -3.5% | -461.7% | +134.0% | -18.6% | +14.1% | +2.5% | -2.4% |
| YoY Change | — | — | — | — | +8.7% | -3.0% | +24.7% | -18.2% | +2.7% | +24.7% | +2.3% | +38.6% | +14.5% | +2.3% | -3.5% | -465.3% | +7.2% | -3.5% | +14.1% | +132.3% | -7.1% |