Air Products and Chemicals (APD) Revenue — Quarter Ended Dec 31, 2023
Revenue declined in the current quarter. The decrease was observed when compared with the previous quarter and the same period one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q1
Revenue declined in the current quarter. The decrease was observed when compared with the previous quarter and the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
-6.1%
Change from the immediately preceding quarter.
Year-over-year
-5.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.4B
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 |
|---|---|---|
| Mar 31, 2023 | $3.2B | +8.7% |
| Jun 30, 2023 | $3B | -4.9% |
| Sep 30, 2023 | $3.2B | -10.6% |
| Dec 31, 2023 | $3B | -5.6% |
Revenue performance
Reported revenue moved lower, continuing the trend from the prior sequential period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower. Revenue was also lower than the same quarter one year ago.
What to watch
The revenue decline for the quarter may warrant attention given the pattern of sequential decreases.