Air Products and Chemicals (APD)
NYSE:APD
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
3.32Last Year’s EPS
3.09Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call conveyed a broadly positive operational and financial performance: material YoY growth in EPS and operating income, margin expansion, a raised full‑year guide, meaningful backlog and large new electronics wins, and disciplined capital allocation with strong shareholder returns. Offsetting these positives are significant near‑term risks driven by the Middle East conflict (notably helium supply disruption and pricing headwinds), project‑level uncertainty (Darrow) and regional cost/run‑rate pressures in Europe. On balance the call emphasized resilience, project progress and prudent financial management while acknowledging key market uncertainties.Company Guidance
Strong EPS and Income Growth
Earnings per share of $3.20, up 19% year‑over‑year; operating income grew 19% YoY driven by improved volumes, productivity and favorable currency.
Revenue and Margin Expansion
Sales increased 9% YoY and operating margin expanded to 23.7%, an improvement of over 200 basis points versus the prior year quarter (despite a ~50 basis point headwind from higher energy pass‑through).
Raised Full‑Year Guidance
Company raised full‑year EPS guidance to $13.00–$13.25, implying roughly 8%–10% growth from the prior year and expects Q3 EPS of $3.25–$3.35 (5%–8% YoY growth).
Backlog and New Large Electronics Wins
Total backlog reported at $9 billion with ~2.5+ billion in traditional industrial gas backlog; executing ~$1 billion in ASU and hydrogen projects in Asia and expect to add $1.5–$2.0 billion to backlog in the next six months (including a major multi‑phase Samsung agreement).
On‑Site Volume Strength and End‑Market Momentum
Stronger on‑site volumes in refining (U.S. Gulf Coast), electronics and aerospace contributed to performance; Asia segment operating income up 25% YoY and Europe up 8% YoY, with Americas up 2% driven by on‑site volume.
Capital Discipline and Shareholder Returns
Company remains focused on capital allocation, expects to reduce FY2026 capital expenditures by ~ $1 billion, maintaining ~ $4 billion capex guidance, and returned $800 million to shareholders in dividends in H1.
Productivity and Cost Savings
Recognized approximately $50 million of year‑to‑date savings from headcount reductions and continued productivity initiatives contributing to margin expansion and lower costs.
APD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
APD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $302.50 | $300.05 | -0.81% |
Jan 30, 2026 | $254.42 | $270.80 | +6.44% |
Nov 06, 2025 | $234.37 | $255.31 | +8.94% |
Jul 31, 2025 | $284.35 | $282.15 | -0.78% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Air Products and Chemicals (APD) report earnings?
Air Products and Chemicals (APD) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Air Products and Chemicals (APD) earnings time?
Air Products and Chemicals (APD) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is APD EPS forecast?
APD EPS forecast for the fiscal quarter 2026 (Q3) is 3.32.
