Air Products & Chemicals, Inc.

Company facts

Industry

Industrial Inorganic Chemicals

Headquarters

Allentown, Pennsylvania

Most recent report

10-Q, filed Jul 30, 2026

Incorporated

Delaware

Filings on record

1,006+ filings

On EDGAR

CIK 2969

Fiscal year ends

September

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 8 sections worth reading, with 2 positive, 5 notable, and 1 negative flags.

• Financial Statements (Item 1)

  Q3 net loss $1.44B from $2.9B project exit charges; core operations otherwise strong.
  Notable

  • In June 2026, canceled Louisiana clean energy complex and Arizona green hydrogen facility.
  • Number of environmental sites under remediation decreased from 26 to 25 as of June 2026.

• Management's Discussion (Item 2)

  MD&A covers a $2.9B project exit charge and strong adjusted results, a must-read.
  Positive

  • Q3 2026 adjusted operating income up 9% to $810.3M, adjusted EPS up 12% to $3.47, adjusted operating margin up 110bp to 25.6%.
  • Board raised quarterly dividend to $1.81 per share in Jan 2026, marking 44th consecutive year of dividend increases.
  Notable

  • Q3 2026 equity affiliates' income up 22% to $205.2M, driven by affiliates in Americas and Middle East & India.
  • Capital expenditure guidance lowered to about $3.5B for FY2026 from prior $4.0B; NEOM project nearing completion.
  • Total debt flat at $17.7B; no borrowings on $3.0B revolver; non-recourse NEOM project financing drawn $5.5B.
  Negative

  • Recorded $2.9B pre-tax project exit charge in Q3 2026 for cancelling a clean energy complex in Louisiana and other projects.

What changed: Jun 2026 vs. Mar 2026

About 19% of APD's Jun 2026 10-Q is new information. 97 paragraphs were added, 216 changed, and 84 removed. Below are the most important lines SECSift identified.

• Item 2 154
• Item 1 88
• Item 3 4
• Item 4 2
• Item 5 1