Air Products Q1 adj. EPS $2.64 (+6%); dividend raised to $1.75; FY23 adj. EPS guide $11.20-$11.50

Air Products & Chemicals, Inc.

2023-Q1 EPS reported $2.57 revenue$3,174,700,000

GAAP EPS $2.57 (+2% YoY); net income $584M (+6%); GAAP margin 18.4%, flat.
Adjusted EPS $2.64 (+6%); adjusted EBITDA $1,084M (+8%); margin 34.1% (+60bps).
Quarterly dividend raised $0.13 to $1.75/share; 41st consecutive annual increase.
Closed second asset group for $12B Jazan gasification/power JV with Aramco and ACWA Power.
JV with AES for ~$4B Texas green hydrogen facility; Canada commits ~$475M CAD to Alberta H2 complex.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Air Products & Chemicals, Inc. reported first quarter of fiscal year 2023 results: net income $584 million, EPS $2.57. Guidance reaffirmed.

Period: first quarter of fiscal year 2023
Net income: $584 million
EPS: $2.57
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Air Products Reports Fiscal 2023 First Quarter GAAP EPS of $2.57 and Adjusted EPS of $2.64

View on SEC.gov

Browse all earnings releases →

Air Products & Chemicals, Inc. filing history →

Source: SEC EDGAR

accession 0000002969-23-000011

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.