AP
APD
Quarter ended Jun 30, 2024 · FY2024 Q3

Air Products and Chemicals (APD) Revenue — Quarter Ended Jun 30, 2024

Revenue for the current quarter increased compared to the previous quarter. However, it was lower than the same quarter a year ago.

Key takeaway

Quarter ended Jun 30, 2024 · FY2024 Q3

Revenue for the current quarter increased compared to the previous quarter. However, it was lower than the same quarter a year ago.

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

+1.9%

Change from the immediately preceding quarter.

Year-over-year

-1.6%

Change from the comparable year-ago quarter.

Trailing four quarters

$12.1B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Sep 30, 2023$3.2B-10.6%
Dec 31, 2023$3B-5.6%
Mar 31, 2024$2.9B-8.4%
Jun 30, 2024$3B-1.6%

Revenue performance

Revenue rose sequentially, reversing the prior quarter's decline. Compared to the same period last year, revenue remained lower.

Quarterly comparison

The current quarter's revenue was higher than the immediately preceding quarter but fell short of the year-ago figure.

What to watch

The year-over-year revenue trend bears watching as the company reports subsequent quarters.