Stock Analysis on Net
Stock Analysis on Net

Air Products & Chemicals Inc. (NYSE:APD)

This company has been moved to the archive! The financial data has not been updated since August 9, 2021.

Common-Size Income Statement

Air Products & Chemicals Inc., common-size consolidated income statement

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12 months ended: Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016 Sep 30, 2015
Sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -66.15 -67.00 -69.31 -70.27 -67.22 -70.18
Facility closure 0.00 -0.33 0.00 0.00 0.00 0.00
Gross profit 33.85% 32.68% 30.69% 29.73% 32.78% 29.82%
Selling and administrative -8.76 -8.41 -8.52 -8.74 -8.92 -9.52
Research and development -0.95 -0.82 -0.72 -0.71 -1.39 -1.40
Business separation costs 0.00 0.00 0.00 -0.37 -0.55 -0.08
Cost reduction actions 0.00 -0.29 0.00 -1.85 -0.36 -2.10
Pension settlement loss 0.00 0.00 0.00 -0.13 -0.07 -0.21
Goodwill and intangible asset impairment charge 0.00 0.00 0.00 -1.98 0.00 0.00
Gain on exchange of equity affiliate investments 0.00 0.33 0.00 0.00 0.00 0.18
Company headquarters relocation income 0.38 0.00 0.00 0.00 0.00 0.00
Other income (expense), net 0.74 0.55 0.56 1.48 0.61 0.48
Operating income 25.27% 24.04% 22.01% 17.44% 22.11% 17.17%
Equity affiliates’ income 2.99 2.42 1.96 0.98 1.56 1.56
Interest expense -1.23 -1.54 -1.46 -1.47 -1.21 -1.05
Other non-operating income (expense), net 0.35 0.75 0.06 0.35 0.00 0.00
Loss on extinguishment of debt 0.00 0.00 0.00 0.00 -0.07 -0.17
Income from continuing operations before taxes 27.37% 25.67% 22.56% 17.30% 22.39% 17.52%
Income tax provision -5.40 -5.38 -5.87 -3.19 -6.16 -4.20
Income from continuing operations 21.97% 20.29% 16.69% 14.11% 16.23% 13.32%
Income (loss) from discontinued operations, net of tax -0.16 0.00 0.47 22.79 -9.28 0.00
Net income 21.80% 20.29% 17.17% 36.90% 6.95% 13.32%
Net income attributable to noncontrolling interests -0.50 -0.55 -0.39 -0.25 -0.32 -0.40
Net income attributable to Air Products 21.30% 19.73% 16.77% 36.65% 6.63% 12.91%

Based on: 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Air Products & Chemicals Inc. operating income as a percentage of sales increased from 2018 to 2019 and from 2019 to 2020.
Income from continuing operations before taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Air Products & Chemicals Inc. income from continuing operations before taxes as a percentage of sales increased from 2018 to 2019 and from 2019 to 2020.
Net income attributable to Air Products The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Air Products & Chemicals Inc. net income attributable to Air Products as a percentage of sales increased from 2018 to 2019 and from 2019 to 2020.