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APD

COMPANY OVERVIEW · SOURCE-BACKED

Air Products & Chemicals, Inc.

APD

Company evidence profile

Historical market context and recent SEC disclosures for Air Products & Chemicals, Inc. This view uses the current local evidence snapshot.

Latest adjusted close
$307.15Observed 2026-10-23
Return gap vs SPY
-59.82021-10-25 to 2026-10-23
Filings in snapshot
5Prices 1980-03-17 to 2026-10-23

Price field: vendor-adjusted closeSEC EDGAR company recordCIK 0000002969

THE BRIEF

Start here, then verify below.

Three statements, each labelled by what kind of statement it is. Every number in them is linked to its source further down the page.

OBSERVED

The latest 8-K reports results of operations (earnings).

CALCULATED

Over the selected historical period, APD returned 18.6% with a maximum drawdown of -31.8%. These are historical observations, not a forecast.

INTERPRETED

This local snapshot covers SEC disclosures, latest-restated annual Company Facts when available, and adjusted daily prices. It does not establish valuation, future return, or an investment recommendation.

Generated: deterministic_fallback · Historical observations, not forecasts.

FILED RESULTS

What the latest financial report says

Quarterly figures as filed in the 10-Q for the period ending 2026-06-30, filed 2026-07-30. Read from one filing, so the period and the accounting concept always match the number.

Revenue

+4.6% YoY
$3.16B

Current: 2026-04-01 — 2026-06-30 · USD

Prior year: $3.02B (2025-04-01 — 2025-06-30)

Reported revenue before expenses; not stock performance.

Category reference unavailable. Only 0 eligible companies; at least 5 are required.

Reference method and sources

As of 2026-07-30. Latest cached filings only; one issuer per CIK (share classes deduplicated); SEC SIC first 3 digits, same annual or quarterly grain, exact accounting concept and currency. Period ends within 45 days, durations within 15 days. Later filings, missing comparisons and zero or loss bases are excluded. Equal-weight median of company YoY rates — not aggregate industry growth, a full industry census, or a matched business peer set.

Metric definition

YoY = current ÷ prior-year value − 1, against the same period a year earlier rather than the previous quarter. Percentage-point gap = company growth − sample median growth.

Revenues

Net income

No YoY
$-1.44B

Current: 2026-04-01 — 2026-06-30 · USD

Prior year: $0.71B (2025-04-01 — 2025-06-30)

Change: $-2.15B. Growth percentage withheld for a zero base or a loss.

Reported net income after expenses and taxes; the exact SEC concept is below.

Category reference unavailable. This company has no comparable growth rate.

Reference method and sources

As of 2026-07-30. Latest cached filings only; one issuer per CIK (share classes deduplicated); SEC SIC first 3 digits, same annual or quarterly grain, exact accounting concept and currency. Period ends within 45 days, durations within 15 days. Later filings, missing comparisons and zero or loss bases are excluded. Equal-weight median of company YoY rates — not aggregate industry growth, a full industry census, or a matched business peer set.

Metric definition

YoY = current ÷ prior-year value − 1, against the same period a year earlier rather than the previous quarter. Percentage-point gap = company growth − sample median growth.

NetIncomeLoss

Diluted EPS

No YoY
$-6.47 / share

Current: 2026-04-01 — 2026-06-30 · USD/shares

Prior year: $3.20 / share (2025-04-01 — 2025-06-30)

Change: $-9.67 / share. Growth percentage withheld for a zero base or a loss.

Diluted earnings per share; not total profit or a growth rate.

Metric definition

YoY = current ÷ prior-year value − 1, against the same period a year earlier rather than the previous quarter. Percentage-point gap = company growth − sample median growth.

EarningsPerShareDiluted

Consolidated figures as reported. Accounting treatment and business mix differ between companies, and a filed result is not a forecast.

HISTORY AND RISK

What this has done, and how roughly

Adjusted daily prices over the selected period, against SPY. SPY is an exchange-traded fund tracking the S&P 500.

APDSPYAdjusted daily closes
$7,463$12,862$18,2622021-10-252026-10-23
APD against SPY, 2021-10-25 to 2026-10-23, from $10,000 invested at the start of the period.
Ending value$11,860From $10,000 invested, 2021-10-25 to 2026-10-23
Return gap vs SPY, in percentage points-59.8APD +18.6% · SPY +78.4%
Total return+18.6%2021-10-25 to 2026-10-23
Annualised return+3.5%Compound rate over the period shown
Annualised volatility26.4%Daily returns, annualised
Maximum drawdown-31.8%Trough 2024-02-07
Beta to SPY0.68Sensitivity to the benchmark's moves
Correlation with SPY0.441,255 matched sessions
What that felt likeThe worst peak-to-trough fall over this period was -31.8%, and the worst single session was -15.6%. Both already happened; neither bounds what comes next.

Only this section follows the benchmark selector. The brief, filing reactions and Ask evidence stay on SPY; this chart is showing SPY.

Past return and risk are observations about a period that is over. They are not a forecast, and nothing here is investment advice.

PRIMARY DISCLOSURES

What was filed

SEC checked 2026-10-24
The filings themselves, with what the company disclosed kept apart from what this project measured about it.
8-KResults of operations (earnings)2026-07-30 10:58-1.9% after filing
  • Results of operations (earnings)
  • Financial statements and exhibits

Quoted from the filing

English, as filed

(Exact name of registrant as specified in charter) 1940 Air Products Boulevard Allentown , Pennsylvania 18106-5500 (Address of principal executive offices and Zip Code) ( 610 ) 481-4911 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Securities registered pursuant to Section 12(b) of the Act: Item 2.02.

Source passage

English, as filed

Results of Operations and Financial Condition.

Source passage

Against the prior comparable filing

Compared with the filing accepted 2026-04-30: 1 changed, 0 added, 0 removed.

Changed · 94% text match

English, as filed

On 30 July 2026, Air Products and Chemicals, Inc. issued a press release announcing its earnings for the third quarter of fiscal year 2026.

Prior filing

8-KMaterial impairment2026-06-30 12:08+5.1% after filing
  • Material impairment
  • Regulation FD disclosure
  • Financial statements and exhibits

Quoted from the filing

English, as filed

As a result of these decisions, the Company expects to record a pre-tax charge of up to $2.9 billion, or $2.2 billion on an after-tax basis, in its fiscal 2026 third quarter, primarily to write down assets and terminate contractual commitments.

Source passage

English, as filed

Cash expenditures related to these charges are currently estimated not to exceed $925 million based on contractual terms and commitments; however, the Company anticipates lower cash spend once negotiations and ultimate settlements are finalized with third parties.

Source passage

English, as filed

The Company previously disclosed that it would not make a final investment decision with respect to the Louisiana Clean Energy Complex unless it determined that it would be able to execute a de-risking strategy that included signing firm offtake agreements for hydrogen and nitrogen supply and achieving construction and capital costs in line with its return expectations, including divesting ammonia production assets and carbon sequestration elements.

Source passage

Numbers in the filing

  • $2.9 billion
  • $2.2 billion
  • $925 million

Against the prior comparable filing

Compared with the filing accepted 2025-02-24: 7 changed, 5 added, 2 removed.

Changed · 77% text match

English, as filed

As a result of these decisions, the Company expects to record a pre-tax charge of up to $2.9 billion, or $2.2 billion on an after-tax basis, in its fiscal 2026 third quarter, primarily to write down assets and terminate contractual commitments.

Changed · 77% text match

English, as filed

On June 30, 2026, the Company issued a press release announcing the actions described in Item 2.06 of this Current Report on Form 8-K and providing an update on the NEOM Green Hydrogen Project.

Prior filing

8-KResults of operations (earnings)2026-04-30 10:50-0.9% after filing
  • Results of operations (earnings)
  • Financial statements and exhibits

Quoted from the filing

English, as filed

(Exact name of registrant as specified in charter) 1940 Air Products Boulevard Allentown , Pennsylvania 18106-5500 (Address of principal executive offices and Zip Code) ( 610 ) 481-4911 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Securities registered pursuant to Section 12(b) of the Act: Item 2.02.

Source passage

English, as filed

Results of Operations and Financial Condition.

Source passage

Against the prior comparable filing

Compared with the filing accepted 2026-01-30: 1 changed, 0 added, 0 removed.

Changed · 94% text match

English, as filed

On 30 April 2026, Air Products and Chemicals, Inc. issued a press release announcing its earnings for the second quarter of fiscal year 2026.

Prior filing

8-KResults of operations (earnings)2026-01-30 12:40-0.5% after filing
  • Results of operations (earnings)
  • Financial statements and exhibits

Quoted from the filing

English, as filed

(Exact name of registrant as specified in charter) 1940 Air Products Boulevard Allentown , Pennsylvania 18106-5500 (Address of principal executive offices and Zip Code) ( 610 ) 481-4911 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Securities registered pursuant to Section 12(b) of the Act: Item 2.02.

Source passage

English, as filed

Results of Operations and Financial Condition.

Source passage

Against the prior comparable filing

Compared with the filing accepted 2025-11-06: 1 changed, 0 added, 0 removed.

Changed · 87% text match

English, as filed

On 30 January 2026, Air Products and Chemicals, Inc. issued a press release announcing its earnings for the first quarter of fiscal year 2026.

Prior filing

8-KShareholder vote results2026-01-29 21:16+1.9% after filing
  • Shareholder vote results

Quoted from the filing

English, as filed

There were 202,627,255 shares of common stock represented at the meeting by valid proxies or voted at the meeting, which was approximately 91.03% of the shares of common stock entitled to vote at the meeting and which constituted a quorum.

Source passage

English, as filed

The final voting results for the matters submitted to a vote of shareholders at the Annual Meeting are set forth below.

Source passage

Numbers in the filing

  • 91.03%

Against the prior comparable filing

Compared with the filing accepted 2025-01-27: 3 changed, 0 added, 6 removed.

Changed · 95% text match

English, as filed

There were 202,627,255 shares of common stock represented at the meeting by valid proxies or voted at the meeting, which was approximately 91.03% of the shares of common stock entitled to vote at the meeting and which constituted a quorum.

Changed · 53% text match

English, as filed

The final voting results for the matters submitted to a vote of shareholders at the Annual Meeting are set forth below.

Prior filing

Earlier filings

Each with the move on the first eligible session afterwards, measured against the benchmark. A measurement of magnitude, not a cause.

EVENTS AND WHAT IS NEXT

What happened, and what to watch

Event items are published headlines and filing index entries, linked to their source. They are not analysis, and the feed is not a trading signal.

GROUNDED RESEARCH

Ask about this evidence

Questions are answered from this company's evidence packet alone. Citations and number literals are checked against that packet before an answer is shown, and an answer that fails the check is withheld rather than displayed.

No investment advice, price target or directional forecast is produced, and a question asking for one is refused.