Below are the financial statements of Air Products and Chemicals, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Sales | 12,100.6a | 12,600a | 12,698.6a |
| Cost of sales | -8,168.7a | -8,833a | -9,338.5a |
| Selling and administrative expense | -942.4a | -957a | -900.6a |
| Research and development expense | -100.2a | -105.6a | -102.9a |
| Gain on sale of business | 1,575.6a | 0a | 0a |
| Business and asset actions | -57a | -244.6a | -73.7a |
| Other income (expense), net | 58.2a | 34.8a | 55.9a |
| Operating income | 4,466.1a | 2,494.6a | 2,338.8a |
| Equity affiliates' income | 647.7a | 604.3a | 481.5a |
| Interest expense | -218.8a | -177.5a | -128a |
| Other non-operating income (expense), net | -73.8a | -39a | 62.4a |
| Income from continuing operations before taxes | 4,821.2a | 2,882.4a | 2,754.7a |
| Income tax provision | -944.9a | -551.2a | -500.8a |
| Income from continuing operations | 3,876.3a | 2,331.2a | 2,253.9a |
| (Loss) Income from discontinued operations, net of tax | -13.9a | 7.4a | 12.6a |
| Net income | 3,862.4a | 2,338.6a | 2,266.5a |
| Net income attributable to noncontrolling interests of continuing operations | 34.2a | 38.4a | 10.4a |
| Net income attributable to Air Products | 3,828.2a | 2,300.2a | 2,256.1a |
| Net income from continuing operations | 3,842.1a | 2,292.8a | 2,243.5a |
| Net (loss) income from discontinued operations | -13.9a | 7.4a | 12.6a |
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