Operating Income
Operating Income
Air Products and Chemicals 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 Income shows a downward trend with a -48.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
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:
operating_incomeHistorical Data
21 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 | 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% |
Range-$2.33B – $790.60M
CAGR+4.9%
Avg YoY Growth-13.4%
Median YoY Growth+2.7%
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|
| Americas | -$2.33B | $790.60M | $643.60M | $734.50M | $752.70M | $734.50M |
| Asia | -$2.33B | $790.60M | $643.60M | $734.50M | $752.70M | $734.50M |
| Corporate And Other | -$2.33B | $790.60M | $643.60M | $734.50M | $752.70M | $734.50M |
| Europe | -$2.33B | $790.60M | $643.60M | $734.50M | $752.70M | $734.50M |
| Middle East and India | — | $790.60M | $643.60M | — | $752.70M | $734.50M |
| Total | -$2.33B | $790.60M | $643.60M | $734.50M | $752.70M | $734.50M |
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 $734.50M in Q2 2026.
- How has Air Products and Chemicals's operating income changed year-over-year?
- Air Products and Chemicals's operating income decreased by 7.1% year-over-year, from $790.60M to $734.50M.
- 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 -48.1% compound annual growth rate (CAGR), from $2.19B to -$159.30M.
- What does operating income mean?
- The profit earned from core business activities, before accounting for interest and taxes.