Air Products and Chemicals (APD) Revenue — Quarter Ended Dec 31, 2024
Revenue declined in the current quarter compared to both the prior quarter and the same quarter last year. The sequential decrease was more pronounced than the year-over-year decline.
Key takeaway
Quarter ended Dec 31, 2024 · FY2025 Q1
Revenue declined in the current quarter compared to both the prior quarter and the same quarter last year. The sequential decrease was more pronounced than the year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.9B
Revenue reported for this quarter.
Quarter-over-quarter
-8.0%
Change from the immediately preceding quarter.
Year-over-year
-2.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$12B
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, 2024 | $2.9B | -8.4% |
| Jun 30, 2024 | $3B | -1.6% |
| Sep 30, 2024 | $3.2B | -0.1% |
| Dec 31, 2024 | $2.9B | -2.2% |
Revenue performance
The reported revenue was lower than the preceding quarter, continuing a pattern of sequential declines observed in recent periods. The year-over-year comparison also showed a decrease, though less severe than the sequential drop.
Quarterly comparison
Compared to the immediately preceding quarter, revenue fell by a mid-single-digit percentage. Versus the same quarter one year earlier, the decline was a low-single-digit percentage.
What to watch
Monitor whether the sequential revenue decline continues in the next quarter.