Air Products and Chemicals, Inc. (APD) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 3.17B | 3.1B | 3.17B | 3.02B | 2.92B | 2.93B | 3.19B | 2.99B | 2.93B | 3B | 3.19B | 3.03B |
| Revenue Growth % | 8.76% | 5.83% | -0.65% | 1.25% | -0.48% | -2.19% | -0.12% | -1.6% | -8.43% | -5.59% | -10.61% | -4.87% |
| Cost of Goods Sold | 2.18B | 2.11B | 2.15B | 2.04B | 2.05B | 2.02B | 2.1B | 2.01B | 1.99B | 2.07B | 2.21B | 2.07B |
| COGS % of Revenue | 68.87% | 67.93% | 67.75% | 67.49% | 70.43% | 68.79% | 66.02% | 67.19% | 67.96% | 68.93% | 69.16% | 68.25% |
| Gross Profit | 987.4M | 995M | 1.02B | 982.6M | 862.3M | 915M | 1.08B | 979.4M | 938.7M | 931.2M | 984.1M | 963.2M |
| Gross Margin % | 31.13% | 32.07% | 32.25% | 32.51% | 29.57% | 31.21% | 33.98% | 32.81% | 32.04% | 31.07% | 30.84% | 31.75% |
| Gross Profit Growth % | 14.51% | 8.74% | -5.7% | 0.33% | -8.14% | -1.74% | 10.06% | 1.68% | 2.33% | 3.19% | 3.72% | 13.69% |
| Operating Expenses | 234.7M | 260.5M | 1B | 192M | 3.19B | 271.4M | -1.34B | 242.3M | 301.5M | 263.3M | 245.5M | 319M |
| OpEx % of Revenue | 7.4% | 8.4% | 31.72% | 6.35% | 109.4% | 9.26% | -42.08% | 8.12% | 10.29% | 8.79% | 7.69% | 10.51% |
| Selling, General & Admin | 227.2M | 228.7M | 219.1M | 222.6M | 222M | 242.4M | 228M | 235.4M | 240.6M | 238.4M | 232.7M | 238.7M |
| SG&A % of Revenue | 7.16% | 7.37% | 6.92% | 7.36% | 7.61% | 8.27% | 7.15% | 7.89% | 8.21% | 7.95% | 7.29% | 7.87% |
| Research & Development | 21.6M | 20.4M | 27.3M | 24.1M | 22.9M | 22M | 22.1M | 27M | 25.4M | 25.7M | 24.7M | 29.3M |
| R&D % of Revenue | 0.68% | 0.66% | 0.86% | 0.8% | 0.79% | 0.75% | 0.69% | 0.9% | 0.87% | 0.86% | 0.77% | 0.97% |
| Other Operating Expenses | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -800K | -1000K | 1000K |
| Operating Income | 752.7M | 734.5M | 16.8M | 790.6M | -2.33B | 643.6M | 2.42B | 737.6M | 637.2M | 667.1M | 738.6M | 644.2M |
| Operating Margin % | 23.73% | 23.67% | 0.53% | 26.16% | -79.83% | 21.95% | 76.06% | 24.71% | 21.75% | 22.26% | 23.14% | 21.23% |
| Operating Income Growth % | 132.33% | 14.12% | -99.31% | 7.19% | -465.35% | -3.52% | 228.24% | 14.5% | 38.58% | 2.32% | 17.89% | 2.68% |
| EBITDA | 1.13B | 1.11B | 429.6M | 1.19B | -1.94B | 1.01B | 2.81B | 1.1B | 998M | 1.02B | 1.1B | 984.1M |
| EBITDA Margin % | 35.55% | 35.62% | 13.57% | 39.42% | -66.68% | 34.47% | 88.01% | 36.78% | 34.06% | 33.91% | 34.34% | 32.44% |
| EBITDA Growth % | 158% | 9.38% | -84.69% | 8.53% | -294.83% | -0.58% | 155.97% | 11.56% | 24.84% | 4.4% | 14.24% | 2.02% |
| D&A (Non-Cash Add-back) | 375M | 370.7M | 412.8M | 401M | 383.6M | 366.8M | 380.8M | 360.3M | 360.8M | 349.2M | 357.3M | 339.9M |
| EBIT | 752.7M | 905.3M | 189.1M | 952.2M | -2.2B | 833.1M | 2.55B | 905.2M | 771.3M | 810.5M | 889.2M | 797.5M |
| Net Interest Income | -49.5M | -54.5M | -67.8M | -61.4M | -42.2M | -42.6M | -49.7M | -55.7M | -59.9M | -53.5M | -48M | -47.4M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 49.5M | 54.5M | 67.8M | 61.4M | 42.2M | 42.6M | 49.7M | 55.7M | 59.9M | 53.5M | 48M | 47.4M |
| Other Income/Expense | 130.8M | 116.3M | 104.5M | 100.2M | 84.7M | 146.9M | 78.9M | 111.9M | 74.2M | 90.1M | 102.6M | 105.9M |
| Pretax Income | 883.5M | 850.8M | 121.3M | 890.8M | -2.24B | 790.5M | 2.5B | 849.5M | 711.4M | 757M | 841.2M | 750.1M |
| Pretax Margin % | 27.85% | 27.42% | 3.83% | 29.47% | -76.93% | 26.97% | 78.53% | 28.46% | 24.28% | 25.26% | 26.36% | 24.72% |
| Income Tax | 158.7M | 159.4M | 111.2M | 159.6M | -505.8M | 140.7M | 538.4M | 140.6M | 130.5M | 135.4M | 154.2M | 139.6M |
| Effective Tax Rate % | 17.96% | 18.74% | 91.67% | 17.92% | 22.55% | 17.8% | 21.51% | 16.55% | 18.34% | 17.89% | 18.33% | 18.61% |
| Net Income | 710.4M | 678.2M | 4.9M | 713.8M | -1.73B | 617.4M | 1.95B | 696.6M | 572.4M | 609.3M | 692.6M | 595.6M |
| Net Margin % | 22.4% | 21.86% | 0.15% | 23.61% | -59.34% | 21.06% | 61.17% | 23.33% | 19.53% | 20.33% | 21.7% | 19.63% |
| Net Income Growth % | 141.05% | 9.85% | -99.75% | 2.47% | -402.34% | 1.33% | 181.53% | 16.96% | 30.15% | 6.48% | 18.78% | 2.32% |
| Net Income (Continuing) | 724.8M | 691.4M | 10.1M | 731.2M | -1.74B | 649.8M | 1.96B | 708.9M | 580.9M | 621.6M | 687M | 610.5M |
| Discontinued Operations | 0 | 0 | 0 | -1000K | 0 | 0 | -1000K | 0 | 0 | 0 | 1000K | 0 |
| Minority Interest | 2.5B | 2.43B | 2.32B | 2.23B | 2.08B | 2.05B | 1.64B | 1.59B | 1.42B | 1.26B | 1.35B | 1.23B |
| EPS (Diluted) | 3.19 | 3.04 | 0.02 | 3.20 | -7.77 | 2.77 | 8.75 | 3.13 | 2.57 | 2.73 | 3.11 | 2.67 |
| EPS Growth % | 141.06% | 9.75% | -99.75% | 2.24% | -402.33% | 1.47% | 181.35% | 17.23% | 30.46% | 6.23% | 18.7% | 1.91% |
| EPS (Basic) | 3.19 | 3.04 | 0.02 | 3.20 | -7.77 | 2.77 | 8.76 | 3.13 | 2.57 | 2.74 | 3.11 | 2.68 |
| Diluted Shares Outstanding | 222.9M | 222.9M | 222.9M | 222.9M | 222.7M | 222.9M | 222.8M | 222.8M | 222.7M | 222.8M | 222.8M | 222.8M |
| Basic Shares Outstanding | 222.8M | 222.8M | 222.8M | 222.8M | 222.7M | 222.7M | 222.5M | 222.5M | 222.5M | 222.5M | 222.4M | 222.4M |
| Dividend Payout Ratio | 56.11% | 58.74% | 8130.61% | 55.8% | - | 63.75% | 20.18% | 56.49% | 67.96% | 63.83% | 56.12% | 65.26% |