Air Products Q3 GAAP EPS $3.24 (+4% YoY), adj EPS $3.09 (-3%); revises FY adj EPS guidance to $11.90-$12.10

Air Products & Chemicals, Inc.

2025-Q3 EPS reported -$1.79 revenue$8,870,400,000

GAAP EPS $3.24 (+4% YoY); GAAP operating income $791M (+7%).
Adjusted EPS $3.09 (-3% YoY); adjusted operating income $741M (flat).
Revising FY2025 adjusted EPS guidance to $11.90-$12.10; Q4 adj EPS guidance $3.27-$3.47.
Expects FY2025 capital expenditures of approximately $5 billion.

item 2.02item 9.01

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