Air Products & Chemicals, Inc. (APD) stock
Close on Oct 30, 2026Market cap $70.46BP/E –Yield 2.26%
Earnings
Air Products & Chemicals's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Air Products & Chemicals's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Sep 30, 2026 | Nov 5, 2026Expected | – | – | – | – | – |
| Q3 FY2026ended Jun 30, 2026 | Jul 30, 2026before the open | $3.20B | +6.7% | -$6.47 | $3.47 | Release |
| Q2 FY2026ended Mar 31, 2026 | Apr 30, 2026before the open | $3.20B | +10.3% | $3.19 | $3.20 | Release |
| Q1 FY2026ended Dec 31, 2025 | Jan 30, 2026before the open | $3.10B | – | $3.04 | $3.16 | Release |
| Q4 FY2025ended Sep 30, 2025 | Nov 6, 2025before the open | $3.20B | 0.0% | $0.02 | $3.39 | Release |
| Q3 FY2025ended Jun 30, 2025 | Jul 31, 2025before the open | $3.00B | 0.0% | $3.24 | $3.09 | Release |
| Q2 FY2025ended Mar 31, 2025 | May 1, 2025before the open | $2.90B | 0.0% | -$7.77 | $2.69 | Release |
| Q1 FY2025ended Dec 31, 2024 | Jan 14, 2025after the close | – | – | $2.77 | $2.86 | Release |
| Q4 FY2024ended Sep 30, 2024 | Nov 7, 2024before the open | $3.20B | 0.0% | $8.81 | $3.56 | Release |
| Q3 FY2024ended Jun 30, 2024 | Aug 1, 2024before the open | $3.00B | 0.0% | $3.13 | $3.20 | Release |
| Q2 FY2024ended Mar 31, 2024 | Apr 30, 2024before the open | $2.90B | -9.4% | $2.57 | $2.85 | Release |
| Q1 FY2024ended Dec 31, 2023 | Feb 5, 2024before the open | $3.00B | -6.3% | $2.73 | $2.82 | Release |
| Q4 FY2023ended Sep 30, 2023 | Nov 7, 2023before the open | $3.20B | -11.1% | $3.08 | $3.15 | Release |
| Q3 FY2023ended Jun 30, 2023 | Aug 3, 2023before the open | $3.00B | -6.3% | $2.67 | $2.98 | Release |
| Q2 FY2023ended Mar 31, 2023 | May 9, 2023before the open | $3.20B | +10.3% | $1.97 | $2.74 | Release |
| Q1 FY2023ended Dec 31, 2022 | Feb 2, 2023before the open | $3.20B | +6.7% | $2.57 | $2.64 | Release |
| Q4 FY2022ended Sep 30, 2022 | Nov 3, 2022before the open | $3.60B | +26.7% | $2.56 | $2.89 | Release |
| Q3 FY2022ended Jun 30, 2022 | Aug 4, 2022before the open | $3.20B | – | $2.62 | $2.62 | Release |
| Q2 FY2022ended Mar 31, 2022 | May 5, 2022before the open | $2.90B | – | $2.38 | $2.38 | Release |
| Q1 FY2022ended Dec 31, 2021 | Feb 4, 2022before the open | $3.00B | – | $2.52 | $2.52 | Release |
| Q4 FY2021ended Sep 30, 2021 | Nov 4, 2021before the open | $2.84B | – | $2.51 | $2.51 | Release |
| Q3 FY2021ended Jun 30, 2021 | Aug 9, 2021before the open | – | – | – | – | Filing |
| Q2 FY2021ended Mar 31, 2021 | May 10, 2021before the open | – | – | – | – | Filing |
| Q1 FY2021ended Dec 31, 2020 | Feb 4, 2021before the open | – | – | – | – | Filing |
| Q4 FY2020ended Sep 30, 2020 | Nov 12, 2020before the open | – | – | – | – | Filing |
| Q3 FY2020ended Jun 30, 2020 | Jul 23, 2020before the open | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Air Products & Chemicals's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| adjusted EPS guidance *non-GAAP | Q4 FY2026 | $3.55 – $3.65 | – | New | Jul 30, 2026 |
| adjusted EPS guidance *non-GAAP | FY2026 | $13.39 – $13.49 | $13.00 – $13.25 | Raised | Jul 30, 2026 |
| capital expenditures *non-GAAP | FY2026 | $3.50B | $4.00B | Lowered | Jul 30, 2026 |
Guidance vs results
The last range Air Products & Chemicals gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q3 FY2026 | adjusted EPS guidance * | $3.25 – $3.35 | $3.47 | Above range |
| Q2 FY2026 | adjusted EPS | $2.95 – $3.10 | $3.20 | Above range |
| Q1 FY2026 | adjusted EPS guidance | $2.95 – $3.10 | $3.16 | Above range |
| FY2025 | adjusted EPS guidance | $11.90 – $12.10 | $12.03Σ4Q | Within range |
| Q4 FY2025 | adjusted EPS | $3.27 – $3.47 | $3.39 | Within range |
| Q3 FY2025 | adjusted EPS guidance* | $2.90 – $3.00 | $3.09 | Above range |
| Q1 FY2025 | adjusted EPS guidance* | $2.75 – $2.85 | $2.86 | Above range |
| Q4 FY2024 | adjusted EPS | $3.33 – $3.63 | $3.56 | Within range |
| Q3 FY2024 | adjusted EPS | $3.00 – $3.05 | $3.20 | Above range |
| Q2 FY2024 | adjusted EPS guidance* | $2.60 – $2.75 | $2.85 | Above range |
| Q1 FY2024 | adjusted EPS | $2.90 – $3.05 | $2.82 | Below range |
| Q4 FY2023 | adjusted EPS guidance | $3.04 – $3.14 | $3.15 | Above range |
| Q3 FY2023 | adjusted EPS guidance | $2.85 – $2.95 | $2.98 | Above range |
| Q2 FY2023 | adjusted EPS guidance | $2.50 – $2.70 | $2.74 | Above range |
| Q1 FY2023 | adjusted EPS guidance | $2.60 – $2.80 | $2.64 | Within range |
| Q4 FY2022 | adjusted EPS guidance | $2.68 – $2.88 | $2.89 | Above range |
| Q3 FY2022 | adjusted EPS | $2.55 – $2.65 | $2.62 | Within range |
| Q2 FY2022 | adjusted EPS guidance | $2.30 – $2.40 | $2.38 | Within range |
| Q1 FY2022 | adjusted EPS guidance | $2.45 – $2.55 | $2.52 | Within range |
Guidance history
Every forecast Air Products & Chemicals put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Jul 30, 2026 | capital expenditures * | FY2026 | $3.50B | Lowered |
| Jul 30, 2026 | adjusted EPS guidance * | Q4 FY2026 | $3.55 – $3.65 | New |
| Jul 30, 2026 | adjusted EPS guidance * | FY2026 | $13.39 – $13.49 | Raised |
| Apr 30, 2026 | capital expenditures * | FY2026 | $4.00B | Reaffirmed |
| Apr 30, 2026 | adjusted EPS guidance * | Q3 FY2026 | $3.25 – $3.35 | New |
| Apr 30, 2026 | adjusted EPS guidance * | FY2026 | $13.00 – $13.25 | Raised |
| Jan 30, 2026 | capital expenditures | FY2026 | $4.00B | Reaffirmed |
| Jan 30, 2026 | adjusted EPS | Q2 FY2026 | $2.95 – $3.10 | New |
| Jan 30, 2026 | adjusted EPS | FY2026 | $12.85 – $13.15 | Reaffirmed |
| Nov 6, 2025 | capital expenditures | FY2026 | $4.00B | New |
| Nov 6, 2025 | adjusted EPS guidance | Q1 FY2026 | $2.95 – $3.10 | New |
| Nov 6, 2025 | adjusted EPS guidance | FY2026 | $12.85 – $13.15 | New |
| Jul 31, 2025 | capital expenditures | FY2025 | $5.00B | Reaffirmed |
| Jul 31, 2025 | adjusted EPS | Q4 FY2025 | $3.27 – $3.47 | New |
| Jul 31, 2025 | adjusted EPS guidance | FY2025 | $11.90 – $12.10 | Narrowed |
| May 1, 2025 | capital expenditures* | FY2025 | $5.00B | New |
| May 1, 2025 | adjusted EPS guidance* | FY2025 | $11.85 – $12.15 | New |
| May 1, 2025 | adjusted EPS guidance* | Q3 FY2025 | $2.90 – $3.00 | New |
| Nov 7, 2024 | capital expenditures* | FY2025 | $4.50B – $5.00B | New |
| Nov 7, 2024 | adjusted EPS guidance* | Q1 FY2025 | $2.75 – $2.85 | New |
| Nov 7, 2024 | adjusted EPS guidance* | FY2025 | $12.70 – $13.00 | New |
| Aug 1, 2024 | capital expenditures | FY2024 | $5.00B – $5.50B | Reaffirmed |
| Aug 1, 2024 | adjusted EPS | FY2024 | $12.20 – $12.50 | Reaffirmed |
| Aug 1, 2024 | adjusted EPS | Q4 FY2024 | $3.33 – $3.63 | New |
| Apr 30, 2024 | capital expenditures | FY2024 | $5.00B – $5.50B | Reaffirmed |
| Apr 30, 2024 | adjusted EPS | Q3 FY2024 | $3.00 – $3.05 | New |
| Apr 30, 2024 | adjusted EPS | FY2024 | $12.20 – $12.50 | Reaffirmed |
| Feb 5, 2024 | capital expenditures* | FY2024 | $5.00B – $5.50B | Reaffirmed |
| Feb 5, 2024 | adjusted EPS guidance* | FY2024 | $12.20 – $12.50 | Lowered |
| Feb 5, 2024 | adjusted EPS guidance* | Q2 FY2024 | $2.60 – $2.75 | New |
| Nov 7, 2023 | capital expenditures | FY2024 | $5.00B – $5.50B | New |
| Nov 7, 2023 | adjusted EPS | FY2024 | $12.80 – $13.10 | New |
| Nov 7, 2023 | adjusted EPS | Q1 FY2024 | $2.90 – $3.05 | New |
| Aug 3, 2023 | capital expenditures | FY2023 | $5.00B – $5.50B | Reaffirmed |
| Aug 3, 2023 | adjusted EPS guidance | Q4 FY2023 | $3.04 – $3.14 | New |
| Aug 3, 2023 | full-year fiscal 2023 adjusted EPS guidance | FY2023 | $11.40 – $11.50 | Raised |
| May 9, 2023 | capital expenditures | FY2023 | $5.00B – $5.50B | Reaffirmed |
| May 9, 2023 | adjusted EPS guidance | FY2023 | $11.30 – $11.50 | Raised |
| May 9, 2023 | adjusted EPS guidance | Q3 FY2023 | $2.85 – $2.95 | New |
| Feb 2, 2023 | capital expenditures | FY2023 | $5.00B – $5.50B | Reaffirmed |
| Feb 2, 2023 | adjusted EPS guidance | Q2 FY2023 | $2.50 – $2.70 | New |
| Feb 2, 2023 | adjusted EPS guidance | FY2023 | $11.20 – $11.50 | Reaffirmed |
| Nov 3, 2022 | capital expenditures | FY2023 | $5.00B – $5.50B | New |
| Nov 3, 2022 | adjusted EPS guidance | FY2023 | $11.20 – $11.50 | New |
| Nov 3, 2022 | adjusted EPS guidance | Q1 FY2023 | $2.60 – $2.80 | New |
| Aug 4, 2022 | capital expenditures | FY2022 | $4.50B | Lowered |
| Aug 4, 2022 | adjusted EPS guidance | FY2022 | $10.20 – $10.40 | Reaffirmed |
| Aug 4, 2022 | adjusted EPS guidance | Q4 FY2022 | $2.68 – $2.88 | New |
| May 5, 2022 | capital expenditures | FY2022 | $4.50B – $5.00B | Reaffirmed |
| May 5, 2022 | adjusted EPS | FY2022 | $10.20 – $10.40 | Reaffirmed |
| May 5, 2022 | adjusted EPS | Q3 FY2022 | $2.55 – $2.65 | New |
| Feb 4, 2022 | capital expenditures | FY2022 | $4.50B – $5.00B | Reaffirmed |
| Feb 4, 2022 | adjusted EPS guidance | Q2 FY2022 | $2.30 – $2.40 | New |
| Feb 4, 2022 | adjusted EPS guidance | FY2022 | $10.20 – $10.40 | Reaffirmed |
| Nov 4, 2021 | capital expenditures | FY2022 | $4.50B – $5.00B | New |
| Nov 4, 2021 | adjusted EPS guidance | FY2022 | $10.20 – $10.40 | New |
| Nov 4, 2021 | adjusted EPS guidance | Q1 FY2022 | $2.45 – $2.55 | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Air Products & Chemicals filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
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- News
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- Update
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- News
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- Update