Operating Income
Operating Income
Air Products and Chemicals Operating Income increased by 2.5% to $752.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 132.3%, from -$2.33B to $752.70M. Over 4 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a -20.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Growth in operating income suggests that the core business is becoming more profitable and efficient.
Detailed definition
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
Peer comparison
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
Metric ID:
is_operating_incomeHistorical Data
20 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $577.10M | $616.70M | $523.00M | $561.90M | $627.40M | $626.50M | $652.00M | $459.80M | $644.20M | $738.60M | $666.90M | $637.20M | $737.60M | $2.42B | $643.60M | -$2.33B | $790.60M | $0.00 | $734.50M | $752.70M |
| QoQ Change | — | +6.9% | -15.2% | +7.4% | +11.7% | -0.1% | +4.1% | -29.5% | +40.1% | +14.7% | -9.7% | -4.5% | +15.8% | +228.7% | -73.5% | -461.7% | +134.0% | -100.0% | — | +2.5% |
| YoY Change | — | — | — | — | +8.7% | +1.6% | +24.7% | -18.2% | +2.7% | +17.9% | +2.3% | +38.6% | +14.5% | +228.2% | -3.5% | -465.3% | +7.2% | -100.0% | +14.1% | +132.3% |
Range-$2.33B – $2.42B
CAGR+5.8%
Avg YoY Growth-5.9%
Median YoY Growth+8.0%
Current Streak2 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Americas | $391.10M | $447.70M | $388.20M | $365.70M | $374.10M | $391.60M | $403.80M | $373.90M |
| Asia | $200.10M | $244.30M | $216.40M | $191.40M | $216.80M | $226.50M | $232.30M | $240.00M |
| Europe | $204.70M | $206.70M | $186.50M | $195.50M | $225.20M | $237.50M | $223.50M | $211.60M |
| Corporate And Other | -$56.90M | -$47.70M | -$117.00M | -$118.40M | -$83.10M | -$48.80M | -$108.90M | -$77.40M |
| Middle East and India | — | — | — | — | — | $5.00M | — | — |
| Total | $737.60M | $2.42B | $643.60M | -$2.33B | $790.60M | $0.00 | $734.50M | $752.70M |
Operating Income at Other Companies
Frequently Asked Questions
- What is Air Products and Chemicals's operating income?
- Air Products and Chemicals (APD) reported operating income of $752.70M in Q1 2026.
- How has Air Products and Chemicals's operating income changed year-over-year?
- Air Products and Chemicals's operating income increased by 132.3% year-over-year, from -$2.33B to $752.70M.
- What is the long-term trend for Air Products and Chemicals's operating income?
- Over 4 years (2021 to 2025), Air Products and Chemicals's operating income has grown at a -20.9% compound annual growth rate (CAGR), from $2.28B to -$893.80M.
- What does operating income mean?
- The profit earned from core business activities, before accounting for interest and taxes.