earnings
confidence high
sentiment positive
materiality 0.80
Air Products Q4 GAAP EPS $8.81 (+186% YoY), adj. EPS $3.56; FY2024 adj. EPS $12.43, up 8%
Air Products & Chemicals, Inc.
2024-FY EPS reported
$17.18
revenue$12,100,600,000
- Q4 GAAP EPS $8.81, up 186%; adjusted EPS $3.56, up 13%; net income $2.0B, margin 61.2%.
- FY2024 GAAP EPS $17.24, up 67%; adjusted EPS $12.43, up 8%; adjusted EBITDA margin 41.7%.
- Completed LNG business divestiture to Honeywell for $1.81B cash; excluded from FY2025 guidance.
- Quarterly dividend raised to $1.77/share; ~$1.6B returned to shareholders in FY2024.
- FY2025 adjusted EPS guidance $12.70-$13.00; Q1 guidance $2.75-$2.85; capex $4.5-$5.0B.