earnings
confidence high
sentiment positive
materiality 0.70
Air Products Q1 GAAP EPS $2.77, Adj. EPS $2.86; maintains FY2025 guidance
Air Products & Chemicals, Inc.
2025-Q1 EPS reported
$2.77
revenue$2,931,500,000
- GAAP net income $650M (+5% YoY); GAAP net income margin 22.2% (+150 bps YoY).
- Adjusted EBITDA $1.2B (+1%); adjusted EBITDA margin 40.6% (+140 bps).
- Quarterly dividend raised to $1.79/share, marking 43rd consecutive annual increase; expects ~$1.6B returned to shareholders in FY2025.
- FY2025 adjusted EPS guidance maintained at $12.70–$13.00; Q2 guidance $2.75–$2.85.
- FY2025 capital expenditures expected $4.5B–$5.0B.