---
schema_version: "secwatch.filing_event.v1"
accession: "0000002969-22-000008"
form_type: "8-K"
ticker: "APD"
cik: "0000002969"
company_name: "Air Products & Chemicals, Inc."
filed_at: "2022-02-04T23:59:59+00:00"
generated_at: "2026-06-27T11:16:16.922534+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Air Products Q1 GAAP EPS $2.52 (+19% YoY); raises dividend 8% to $1.62; reaffirms FY guidance

## Summary
- GAAP EPS $2.52, up 19% YoY; net income $550M, up 13%; adjusted EBITDA $1,003M, up 8%.
- Quarterly dividend increased 8% to $1.62/share (40th consecutive annual increase); expects >$1.4B returned to shareholders in FY2022.
- Closed Phase I of ~$12B JV with Aramco/ACWA Power in Saudi Arabia; awarded >2 GW electrolysis contract for NEOM hydrogen project.
- Maintains FY2022 adjusted EPS guidance $10.20-$10.40 (+13-15% YoY); Q2 guidance $2.30-$2.40 (+11-15% YoY).
- Expects FY2022 capital expenditures of $4.5 to $5.0 billion.

## SEC filing metadata
- accession: 0000002969-22-000008
- form_type: 8-K
- ticker: APD
- cik: 0000002969
- company_name: Air Products & Chemicals, Inc.
- filed_at: 2022-02-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2969/000000296922000008/0000002969-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2969/000000296922000008/apd-20220204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002969-22-000008
- JSON: https://secwatch.observer/filing/0000002969-22-000008.json
- Plain text: https://secwatch.observer/filing/0000002969-22-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.