Air Products & Chemicals, INC

Market Movers (8-K)

NYSE
Air Products announced third quarter fiscal year 2026 results, with adjusted EPS exceeding guidance and full-year adjusted EPS guidance raised.
Better than expected
NYSE
Air Products and Chemicals, Inc. announced it will not proceed with its Louisiana Clean Energy Complex and other clean energy projects, expecting to record a pre-tax charge of up to $2.9 billion.
Worse than expected
NYSE
Air Products announced robust second quarter fiscal year 2026 results, with adjusted EPS and operating income up 19%, leading to an increase in full-year adjusted EPS guidance.
NYSE
Air Products and Chemicals, Inc. reported strong first quarter fiscal 2026 results, exceeding adjusted EPS guidance and increasing its quarterly dividend for the 44th consecutive year.
Better than expected
NYSE
Air Products and Chemicals, Inc. shareholders approved all proposals at its 2026 Annual Meeting, including director elections, executive compensation, and auditor ratification.
NYSE
Air Products and Chemicals, Inc. announced that director Lisa A. Davis will not seek re-election and will retire from the Board for personal reasons at the 2026 Annual Meeting of Shareholders.

Quarterly Earnings (10-Q)

NYSE
Air Products and Chemicals, Inc. reported a significant net loss for the third quarter of fiscal year 2026, largely due to substantial project exit charges totaling $2.9 billion.
Worse than expected
NYSE
Air Products and Chemicals, Inc. announced its Q2 2026 financial results, showcasing significant year-over-year improvements in sales, operating income, and EPS, driven by volume growth, favorable currency impacts, and cost efficiencies.
NYSE
Air Products and Chemicals, Inc. reported a 10% increase in diluted earnings per share to $3.04 for the first quarter of fiscal year 2026, driven by higher sales and improved operating margins.
Better than expected
Capital raise
Delay expected
NYSE
Air Products and Chemicals, Inc. reported a 2% increase in net income for the third quarter of fiscal year 2025, reaching $723.2 million, but a substantial $364.5 million net loss for the first nine months due to a $3.0 billion pre-tax charge from strategic project exits and business actions.
Delay expected
Worse than expected
Capital raise
NYSE
Air Products and Chemicals, Inc. reports a significant net loss for Q2 2025, primarily driven by project exit costs, overshadowing underlying business improvements.
Worse than expected
NYSE
Air Products' first quarter 2025 results show a slight decrease in sales but an increase in net income, influenced by factors like the LNG business divestiture and shareholder activism costs.
Worse than expected

Annual Reports (10-K)

NYSE
Air Products and Chemicals, Inc. reported a net loss of $354.4 million in fiscal year 2025, driven by $3.7 billion in charges from exiting clean energy projects, while refocusing on its core industrial gas business.
Delay expected
Capital raise
Worse than expected
NYSE
Air Products and Chemicals, Inc. released its 10-K report for fiscal year 2024, showcasing a year of strategic growth, particularly in clean hydrogen, and strong financial results, including a significant gain from the sale of its LNG business.
Capital raise
Better than expected

Insider Trading (Form 4)

NYSE
Howard I. Ungerleider, a Director at Air Products & Chemicals, Inc., acquired phantom stock units under the company's Deferred Compensation Program.
NYSE
Alfred Stern, a Director at Air Products & Chemicals, Inc., acquired phantom stock units under the company's Deferred Compensation Program.
NYSE
Wayne Thomas Smith, a Director at Air Products & Chemicals, Inc., acquired phantom stock units under the company's Deferred Compensation Program.
NYSE
Air Products & Chemicals, Inc. director Dennis H. Reilley acquired phantom stock units under the company's Deferred Compensation Program for Directors.
NYSE
Director Bhavesh V. Patel of Air Products & Chemicals, Inc. acquired phantom stock units under the company's Deferred Compensation Program.
NYSE
Air Products & Chemicals, Inc. reports that Director Jessica Graziano acquired phantom stock units under the company's Deferred Compensation Program.

Proxy Statements (Def-14A)

NYSE
Air Products and Chemicals, Inc. has filed definitive additional proxy soliciting materials with the SEC.
NYSE
Air Products and Chemicals, Inc. announces a strategic refocus on its core industrial gases business, board refreshment, and new CEO, targeting high single-digit annual adjusted EPS growth.
NYSE
Air Products is urging shareholders to vote for its director nominees at the upcoming 2025 Annual Meeting, highlighting the risks associated with Mantle Ridge's campaign and nominees.
Better than expected
NYSE
Air Products is urging shareholders to vote for its nominees on the WHITE proxy card at the upcoming 2025 Annual Meeting, emphasizing the board's commitment to a smooth CEO transition and long-term value creation, while cautioning against the disruptive influence of Mantle Ridge.
Better than expected
NYSE
Air Products and Chemicals, Inc. filed a definitive proxy statement with the SEC.
NYSE
Air Products reports preliminary Q1FY25 GAAP EPS of $2.77 and adjusted EPS of $2.86, surpassing previous guidance, while simultaneously engaging in a proxy battle with Mantle Ridge LP.
Better than expected

Schedule 13G - Passive Investments

NYSE
Vanguard Capital Management has disclosed beneficial ownership of 16,740,723 shares, representing 7.51% of the outstanding common stock of Air Products and Chemicals Inc., as of March 31, 2026.
NYSE
The Vanguard Group has reported 0% beneficial ownership in Air Products and Chemicals Inc. following an internal realignment.
NYSE
The Vanguard Group has filed an amended Schedule 13G, reporting a 10.02% beneficial ownership stake in Air Products and Chemicals Inc. as of December 31, 2025.
NYSE
Capital Research Global Investors has disclosed a 5.2% beneficial ownership stake in Air Products and Chemicals, Inc., holding 11,494,745 shares of common stock.
NYSE
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 6.6% beneficial ownership stake in Air Products and Chemicals Inc. as of March 31, 2025.