Business
Air Products Reports Fiscal 2025 Third Quarter Results
Air Products (NYSE: APD) today reported third quarter fiscal 2025 GAAP results, including GAAP EPS of $3.24, up four percent, and GAAP operating income of $791 million, up seven percent, each compared to the prior year. The current quarter included pre-tax gains totaling $99 million ($76 million after tax, or $0.34 per share), from the sale of a consolidated subsidiary and other assets. These benefits were partially offset by shareholder activism-related costs of $25 million ($19 million after t
About this update from Air Products And Chemicals, Inc.
[{"type":"text","content":"Q3 FY25 Summary of Results (comparisons versus prior year):","length":64,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"GAAP earnings per share ("EPS")# of $3.24, up four percent; GAAP operating income of $791 million, up seven percent","length":125,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EPS* of $3.09, down three percent; adjusted operating income of $741 million flat","length":90,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":215,"olType":false},{"type":"text","content":"Guidance","length":8,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revising fiscal 2025 full-year adjusted EPS guidance* to $11.90 to $12.10; fiscal 2025 fourth quarter adjusted EPS guidance* of $3.27 to $3.47","length":142,"tagName":"p"}]},{"val":[{"type":"text","content":"Expect fiscal year 2025 capital expenditures* of approximately $5 billion","length":73,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":215,"olType":false},{"type":"text","content":"#Per share amounts are calculated and presented on a diluted basis from continuing operations attributable to Air Products. ","length":123,"tagName":"p"},{"type":"text","content":"*Certain results in this release, including in the highlights above, include references to non-GAAP financial measures on a consolidated, continuing operations basis and a segment basis. Additional information regarding these measures and reconciliations of GAAP to non-GAAP historical results can be found below. In addition, as discussed below, it is not possible, without unreasonable efforts, to identify the timing or occurrence of future events, transactions, and/or investment activity that could have a significant effect on the Company's future GAAP EPS or cash flow used for investing activities if any of these events were to occur.","length":647,"tagName":"p"},{"type":"text","content":"Fiscal 2025 Third Quarter Consolidated Results","length":46,"tagName":"p"},{"type":"text","content":"LEHIGH VALLEY, Pa., July 31, 2025 /PRNewswire/ -- Air Products (NYSE: APD) today reported third quarter fiscal 2025 GAAP results, including GAAP EPS of $3.24, up four percent, and GAAP operating income of $791 million, up seven percent, each compared to the prior year. The current quarter included pre-tax gains totaling $99 million (...