Air Products exceeded its Q1 2026 guidance with solid performance across regions, driven by improved pricing, favorable currency, and productivity-driven cost improvements. Adjusted EPS hit the high end of expectations.

Air Products reported minimal GAAP profit for Q4 2025 but exceeded expectations on an adjusted basis, demonstrating resilience in its core industrial gas operations despite one-time charges related to business and asset actions.

Air Products delivered Q3 results that surpassed expectations despite lower helium volumes and the impact of the LNG business divestiture, supported by cost control and productivity improvements.

Air Products posted a GAAP net loss of $1.73 billion driven by $2.3 billion in after-tax charges related to project exits and workforce reductions. However, adjusted EPS remained solid at $2.69, and revenue held steady at $2.92 billion.

Air Products reported a mixed first quarter for fiscal year 2025. GAAP EPS increased by one percent to $2.77, and adjusted EPS also rose by one percent to $2.86. Net income saw a five percent increase, reaching $650 million. Sales, however, decreased by two percent to $2.9 billion, influenced by lower volumes due to the LNG business divestiture and unfavorable currency exchange, although higher pricing partially offset these declines.

Air Products reported a strong fiscal fourth quarter with adjusted EPS up 13% year over year and an industry-leading adjusted EBITDA margin of over 44%. The company completed the strategic divestiture of its LNG business and signed a 15-year agreement with TotalEnergies to supply green hydrogen.

Air Products' Q3 2024 adjusted EPS exceeded guidance, increasing seven percent over the prior year, driven by Americas and Europe operating performance, pricing, and productivity actions. The adjusted EBITDA margin is the best in the industry. The company announced a long-term renewable hydrogen supply agreement with TotalEnergies.

Air Products reported a GAAP EPS of $2.57, a 30% increase year-over-year, and adjusted EPS of $2.85, a 4% increase. Net income rose by 29% to $581 million. Sales decreased by 8% to $2.9 billion due to lower energy cost pass-through and volumes, despite higher pricing. The company maintains its full-year adjusted EPS guidance of $12.20 to $12.50.

Air Products reported a decrease in sales by 6% to $3.0 billion, but increased GAAP EPS by 6% to $2.73 and adjusted EPS by 7% to $2.82. Net income also increased by 6% to $622 million. The company is facing headwinds including a slowdown in manufacturing in Asia, lower helium demand, cost headwinds from a sale of equipment project, and currency devaluation in Argentina.

Air Products reported a decrease in sales, but an increase in net income. GAAP EPS increased by 20% and adjusted EPS increased by 11%. The company continues to advance its clean hydrogen megaprojects and increase dividends.

Air Products reported Q3 fiscal year 2023 results, with GAAP EPS up two percent and adjusted EPS up 16 percent. Increased pricing and volumes drove improved results across all regional segments. The company raised its full-year adjusted EPS guidance.

Air Products reported second quarter fiscal 2023 results, including GAAP EPS from continuing operations of $1.97, down 17 percent from prior year. Adjusted EPS from continuing operations of $2.74 increased 17 percent over the prior year. Second quarter sales of $3.2 billion increased nine percent over the prior year.

Air Products reported a six percent increase in first quarter sales to $3.2 billion, driven by higher pricing and volumes. GAAP EPS increased by two percent to $2.57, while adjusted EPS rose by six percent to $2.64. The company is maintaining its full-year adjusted EPS guidance of $11.20 to $11.50.

Air Products' Q4 results showed a mixed performance with increased sales driven by higher volumes and pricing, but net income decreased due to higher costs, including the loss on the Russia business divestiture and the equity affiliate impairment, and unfavorable currency impacts. Adjusted EPS increased by 15% year-over-year.

Air Products reported a strong Q3 fiscal year 2022, with GAAP EPS of $2.62, up 11 percent, and adjusted EPS of $2.62, up 13 percent. Sales increased by 22 percent to $3.2 billion, driven by higher pricing, volumes, and energy cost pass-through. The company is focused on growing its base industrial gas business and investing in low- and zero-carbon hydrogen projects.

Air Products reported a strong second quarter fiscal 2022, with GAAP EPS of $2.38, up 12 percent, and adjusted EPS of $2.38, up 14 percent. The company saw increased sales driven by higher volumes, pricing, and energy cost pass-through, partially offset by unfavorable currency impacts. The company maintains full-year adjusted EPS guidance of $10.20 to $10.40.

Air Products reported a 26% increase in sales to $3.0 billion, with GAAP EPS of $2.52, up 19% and net income of $550 million, up 13% year over year. The company's performance was driven by higher volumes, pricing, and equity affiliate income, which offset higher costs.

Air Products reported a strong fourth quarter with a 25% increase in GAAP net income and a 15% increase in GAAP EPS. The company highlighted significant project announcements in gasification, carbon capture, and hydrogen growth platforms.

Air Products reported a strong Q3 fiscal year 2021 with GAAP EPS of $2.36, up 17 percent, and adjusted EPS of $2.31, up 15 percent. Sales increased by 26 percent, driven by higher volumes and pricing.

Air Products reported a decrease in GAAP EPS by four percent to $2.13, and an increase in adjusted EPS by two percent to $2.08. Sales increased thirteen percent due to higher energy cost pass-through, favorable currency impacts, and increased pricing.

Air Products reported a slight decrease in GAAP EPS and adjusted EPS, impacted by COVID-19, but maintained strong adjusted EBITDA margins and increased its quarterly dividend.

Air Products reported a decrease in GAAP EPS and net income for the fiscal fourth quarter ended September 30, 2020, primarily driven by lower volumes. Despite the challenges, the company demonstrated resilience and commitment, maintaining plant operations and supplying essential products.

Air Products reported a decrease in GAAP EPS and adjusted EPS due to the negative impacts of COVID-19, but the company continued to execute its growth strategy with new megaprojects and maintained a resilient business model.

Air Products reported a 16% increase in GAAP EPS to $2.21 and a 6% increase in adjusted EPS to $2.04 for Q2 2020. The company's sales increased by 1% to $2.2 billion. The results reflect the company's resilience during the COVID-19 pandemic, with stable onsite business and a secure financial position.

Air Products reported a strong first quarter in fiscal year 2020, with GAAP EPS up 36 percent and net income up 37 percent compared to the prior year, driven by higher pricing and volumes in all three regions. The company announced an 18-cent dividend increase and a significant U.S. investment. They are maintaining their full-year adjusted EPS guidance.