Air Products & Chemicals, Inc. (APD) Form 10-Q — Jul 30, 2026
Air Products reported a net loss of $1.4 billion for the third quarter, driven by a $2.9 billion pre-tax charge resulting from the cancellation of a clean energy complex in Louisiana and a green hydrogen facility in Arizona. This impairment led to a GAAP loss per share of $6.47, a sharp reversal from the prior year's earnings. Excluding these significant one-time charges, adjusted operating income increased 9% to $810.3 million and adjusted EPS grew 12% to $3.47, highlighting continued strength in the core industrial gases business through higher volumes and pricing.
Key figures
- Total Debt
- 17700
- Cash Position
- 980.5
- Q3 2026 sales
- 3161
- Dividend per share
- 1.81
- Q3 2026 adjusted eps
- 3.47
Price after filing
Close on the filing date to close N calendar days later (from $292.85). Historical, not a forecast.
AI analysis
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