Air Products Reports Mixed Q4 With EPS Gains, Revenue Miss, And Solid Cash Flow

Air Products & Chemicals Inc (NYSE:APD) reported fourth-quarter 2024 adjusted EPS of $3.56, beating the consensus of $3.48.

Quarterly sales reached $3.187 billion, a slight 0.10% year-over-year decline, missing the $3.21 billion consensus, as volume and price gains were offset by lower energy cost pass-through.

Sales by segments: Americas $1.307 billion (-3% YoY), Europe $730.9 million (+3% YoY), and Asia $861.2 million (+7% YoY).

Operating income for the quarter rose to $2.424 billion from $738.6 million a year ago, and the margin expanded to 76.1%, up ...

Full story available on Benzinga.com