---
schema_version: "secwatch.filing_event.v1"
accession: "0000002969-24-000024"
form_type: "8-K"
ticker: "APD"
cik: "0000002969"
company_name: "Air Products & Chemicals, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:53:49.751747+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Air Products Q2 GAAP EPS $2.57 (+30%), adj EPS $2.85 (+4%); maintains FY guidance

## Summary
- GAAP EPS $2.57, +30% YoY; net income $581M, +29%; margin 19.8%, +570 bps.
- Adjusted EPS $2.85, +4%; adjusted EBITDA $1.2B, +4%; margin 40.9%, +490 bps.
- Quarterly dividend raised to $1.77/share; 42nd consecutive year of increases.
- FY2024 adjusted EPS guidance $12.20-$12.50 (6-9% growth); Q3 guidance $3.00-$3.05.
- FY2024 capital expenditures expected $5.0B-$5.5B.

## SEC filing metadata
- accession: 0000002969-24-000024
- form_type: 8-K
- ticker: APD
- cik: 0000002969
- company_name: Air Products & Chemicals, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2969/000000296924000024/0000002969-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2969/000000296924000024/apd-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002969-24-000024
- JSON: https://secwatch.observer/filing/0000002969-24-000024.json
- Plain text: https://secwatch.observer/filing/0000002969-24-000024.txt

## Key facts
- Earnings Releases
  Air Products & Chemicals, Inc. reported fiscal 2024 third quarter results: EPS 3.00 to 3.05. Guidance reaffirmed.
  - Period: fiscal 2024 third quarter
  - EPS: 3.00 to 3.05
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Maintaining fiscal 2024 full-year adjusted EPS guidance* of $12.20 to $12.50, up six to nine percent over prior year adjusted EPS*; fiscal 2024 third quarter adjusted EPS guidance* of $3.00 to $3.05
  evidence_url: https://www.sec.gov/Archives/edgar/data/2969/000000296924000024/0000002969-24-000024-index.htm
- Earnings Releases
  Air Products & Chemicals, Inc. reported fiscal 2024 full-year results: EPS 12.20 to 12.50. Guidance reaffirmed.
  - Period: fiscal 2024 full-year
  - EPS: 12.20 to 12.50
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Maintaining fiscal 2024 full-year adjusted EPS guidance* of $12.20 to $12.50, up six to nine percent over prior year adjusted EPS*; fiscal 2024 third quarter adjusted EPS guidance* of $3.00 to $3.05
  evidence_url: https://www.sec.gov/Archives/edgar/data/2969/000000296924000024/0000002969-24-000024-index.htm
- Earnings Releases
  Air Products & Chemicals, Inc. reported second quarter of fiscal year 2024 results: net income 581 million, EPS 2.85. Guidance reaffirmed.
  - Period: second quarter of fiscal year 2024
  - Net income: 581 million
  - EPS: 2.85
  - Guidance: reaffirmed
  - Result: reported results
  source text: Air Products Reports Fiscal 2024 Second Quarter GAAP EPS of $2.57 and Adjusted EPS of $2.85
  evidence_url: https://www.sec.gov/Archives/edgar/data/2969/000000296924000024/0000002969-24-000024-index.htm
- Earnings Releases
  Air Products & Chemicals, Inc. reported second quarter of fiscal year 2024 results: net income 581 million, EPS 2.85. Guidance reaffirmed.
  - Period: second quarter of fiscal year 2024
  - Net income: 581 million
  - EPS: 2.85
  - Guidance: reaffirmed
  - Result: reported results
  source text: GAAP net income of $581 million, up 29 percent; and GAAP net income margin of 19.8 percent, up 570 basis points
  evidence_url: https://www.sec.gov/Archives/edgar/data/2969/000000296924000024/0000002969-24-000024-index.htm

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