---
schema_version: "secwatch.filing_event.v1"
accession: "0000002969-25-000042"
form_type: "8-K"
ticker: "APD"
cik: "0000002969"
company_name: "Air Products & Chemicals, Inc."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:31:48.738115+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000002969-25-000042
- form_type: 8-K
- ticker: APD
- cik: 0000002969
- company_name: Air Products & Chemicals, Inc.
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2969/000000296925000042/0000002969-25-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2969/000000296925000042/apd-20250731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002969-25-000042
- JSON: https://secwatch.observer/filing/0000002969-25-000042.json
- Plain text: https://secwatch.observer/filing/0000002969-25-000042.txt

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