APD
Air Products and Chemicals, Inc.242.25
-2.76-1.13%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
53.92BP/E (TTM)
-Basic EPS (TTM)
-1.74Dividend Yield
0.03%Recent Filings
8-K
10-K
8-K
8-K
Ungerleider joins APD board
Air Products elected Howard Ungerleider, 56, to its board effective September 1, 2025, tapping his three decades in chemicals finance, including as Dow's CFO from 2014 to 2023. He'll join the Audit and Finance Committee as an independent director, bringing private equity savvy from Clayton, Dubilier & Rice. This bolsters oversight amid disciplined capital pushes. No related transactions disclosed.
10-Q
Q3 FY2025 results
Air Products posted solid Q3 FY2025 results, with sales climbing 1% year-over-year to $3.0B on stronger energy pass-through and non-helium pricing, though volumes dipped 4% from the LNG sale and helium softness. Operating income rose 7% to $790.6M, boosted by gains on a Singapore subsidiary sale ($67.3M) and an England office ($31.3M), yet tempered by $24.1M in project exit charges and $25.0M activism costs; margins expanded to 26.2% from 24.7%. Diluted EPS from continuing ops hit $3.24, up 4%, reconciling neatly with 222.9M shares. Cash stood at $2.3B, down from $3.0B, with free cash flow at $1.0B (derived from $2.0B ops cash minus $1.0B capex, derived). The NEOM Green Hydrogen project advanced, drawing $4.6B non-recourse debt. Still, regulatory shifts like OBBBA tax reforms pose adaptation risks.
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