Loading...
•
Sep 30, 2021
Air Products Q4 2021 Earnings Report
Air Products reported Q4 2021 earnings with GAAP EPS and adjusted EPS of $2.51.
Key Takeaways
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.
GAAP EPS of $2.51, up 15 percent.
GAAP net income of $619 million, up 25 percent.
Adjusted EPS of $2.51, up 15 percent.
Sales increased 22 percent on nine percent higher volumes, eight percent higher energy cost pass-through, three percent higher pricing and two percent favorable currency.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Air Products expects full-year fiscal 2022 adjusted EPS guidance of $10.20 to $10.40, up 13 to 15 percent over prior year adjusted EPS. For the fiscal 2022 first quarter, Air Products' adjusted EPS guidance is $2.45 to $2.55, up 16 to 20 percent over fiscal 2021 first quarter adjusted EPS. Air Products expects capital expenditures of $4.5 to $5.0 billion for full-year fiscal 2022.
Positive Outlook
- Full-year fiscal 2022 adjusted EPS guidance of $10.20 to $10.40, up 13 to 15 percent over prior year adjusted EPS.
- Fiscal 2022 first quarter adjusted EPS guidance of $2.45 to $2.55, up 16 to 20 percent over fiscal 2021 first quarter adjusted EPS.
- Expect fiscal year 2022 capital expenditures of $4.5 to $5.0 billion.
- The committed at Air Products proved they can deliver results now while developing and executing megaprojects for profitable growth in the future.
- Announced significant projects across our core gasification, carbon capture and hydrogen growth platforms.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...