Air Products and Chemicals (APD) Revenue — Quarter Ended Sep 30, 2023
Revenue increased from the immediately preceding quarter but declined compared to the same quarter one year earlier. The sequential growth reversed a prior period decline.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q4
Revenue increased from the immediately preceding quarter but declined compared to the same quarter one year earlier. The sequential growth reversed a prior period decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.2B
Revenue reported for this quarter.
Quarter-over-quarter
+5.2%
Change from the immediately preceding quarter.
Year-over-year
-10.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $3.2B | +6.0% |
| Mar 31, 2023 | $3.2B | +8.7% |
| Jun 30, 2023 | $3B | -4.9% |
| Sep 30, 2023 | $3.2B | -10.6% |
Revenue performance
The reported revenue rose relative to the prior three-month period. This improvement followed a decrease in the preceding quarter.
Quarterly comparison
Compared to the same quarter a year ago, revenue was lower. The year-over-year comparison shows a contraction, contrasting with the sequential gain.
What to watch
The pattern of year-over-year declines warrants attention given the sequential recovery.