← Filings of APD
Tables in the 10-Q of Air Products & Chemicals, Inc.
87 tables with numbers, filed Jul 30, 2026. Each one downloads as a CSV for Excel or
Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
Table 1 after “Securities registered pursuant to Section 12(b) of the Act:”
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| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, par value $1.00 per share | APD | New York Stock Exchange |
| 0.500% Euro Notes due 2028 | APD28 | New York Stock Exchange |
| 2.950% Euro Notes due 2031 | APD31 | New York Stock Exchange |
| 0.800% Euro Notes due 2032 | APD32 | New York Stock Exchange |
| 3.250% Euro Notes due 2032 | APD32B | New York Stock Exchange |
| 4.000% Euro Notes due 2035 | APD35 | New York Stock Exchange |
| 3.450% Euro Notes due 2037 | APD37 | New York Stock Exchange |
| Forward-Looking Statements | 3 |
| PART I—FINANCIAL INFORMATION | |
| Item 1. Financial Statements (Unaudited) | |
| Consolidated Income Statements – Three and Nine Months Ended 30 June 2026 and 2025 | 5 |
| Consolidated Comprehensive Income Statements – Three and Nine Months Ended 30 June 2026 and 2025 | 6 |
| Consolidated Balance Sheets – 30 June 2026 and 30 September 2025 | 7 |
| Consolidated Statements of Cash Flows – Nine Months Ended 30 June 2026 and 2025 | 8 |
| Consolidated Statements of Equity – Three and Nine Months Ended 30 June 2026 and 2025 | 9 |
First 8 of 16 rows. The CSV has all of them.
| Three Months Ended | Nine Months Ended | | | | |
| 30 June | 30 June | | | | |
| (Millions of U.S. Dollars, except for share and per share data) | 2026 | 2025 | 2026 | 2025 | | |
| Sales | $3,161.0 | | $3,022.7 | | $9,435.3 | $8,870.4 |
| Cost of sales | 2,125.0 | | 2,040.1 | | 6,416.9 | 6,110.5 |
| Selling and administrative expense | 219.1 | | 222.6 | | 675.0 | 687.0 |
| Research and development expense | 21.5 | | 24.1 | | 63.5 | 69.0 |
| Business and asset actions | 2,907.4 | | 24.1 | | 2,929.4 | 2,952.0 |
First 8 of 37 rows. The CSV has all of them.
| Three Months Ended | | |
| 30 June | | |
| (Millions of U.S. Dollars) | 2026 | 2025 | |
| Net Income (Loss) | ($1,422.3) | | $723.2 |
| Other Comprehensive Income, net of tax: | | | |
| Translation adjustments, net of tax of $4.0 and ($81.0) | 40.4 | | 528.4 |
| Net gain on derivatives, net of tax of $6.3 and $17.1 | 42.5 | | 40.9 |
| Reclassification adjustments: | | | |
First 8 of 16 rows. The CSV has all of them.
| Nine Months Ended | | |
| 30 June | | |
| (Millions of U.S. Dollars) | 2026 | 2025 | |
| Net Loss | ($6.1) | | ($364.5) |
| Other Comprehensive Income, net of tax: | | | |
| Translation adjustments, net of tax of $18.4 and ($69.1) | 8.4 | | 6.7 |
| Net gain on derivatives, net of tax of $5.1 and ($1.0) | 77.1 | | 61.6 |
| Reclassification adjustments: | | | |
First 8 of 16 rows. The CSV has all of them.
| 30 June | 30 September | |
| (Millions of U.S. Dollars, except for share and per share data) | 2026 | 2025 | |
| Assets | | | |
| Current Assets | | | |
| Cash and cash items | $980.5 | | $1,856.0 |
| Trade receivables, net | 1,881.5 | | 1,901.2 |
| Inventories | 751.6 | | 776.5 |
| Prepaid expenses | 155.1 | | 174.9 |
First 8 of 49 rows. The CSV has all of them.
| Nine Months Ended | | |
| 30 June | | |
| (Millions of U.S. Dollars) | 2026 | 2025 | |
| Operating Activities | | | |
| Net loss | ($6.1) | | ($364.5) |
| Less: Net income attributable to noncontrolling interests of continuing operations | 46.1 | | 34.9 |
| Net loss attributable to Air Products | ($52.2) | | ($399.4) |
| Net loss from discontinued operations | — | | 8.0 |
First 8 of 49 rows. The CSV has all of them.
| (Millions of U.S. Dollars, except for per share data) | | | | | | | | | | | | |
| Nine Months Ended 30 June 2026 | | | | | | | | | | | |
| Common Stock | Capital in Excess of Par Value | Retained Earnings | AOCL(A) | Treasury Stock | Air Products Share-holders' Equity | Non-controlling Interests | Total Equity | | | | |
| Balance as of 30 September 2025 | $249.4 | | $1,306.5 | | $17,558.6 | | ($2,087.8) | | ($2,001.8) | $15,024.9 | $2,324.9 | $17,349.8 |
| Net income (loss) | — | | — | | (52.2) | | — | | — | (52.2) | 46.1 | (6.1) |
| Other comprehensive income | — | | — | | — | | 97.7 | | — | 97.7 | 46.1 | 143.8 |
| Dividends on common stock ($5.41 per share) | — | | — | | (1,204.8) | | — | | — | (1,204.8) | — | (1,204.8) |
| Distributions to noncontrolling interests | — | | — | | — | | — | | — | — | (0.4) | (0.4) |
First 8 of 14 rows. The CSV has all of them.
| Nine Months Ended 30 June 2025 | | | | | | | | | | | |
| Common Stock | Capital in Excess of Par Value | Retained Earnings | AOCL(A) | Treasury Stock | Air Products Share-holders' Equity | Non-controlling Interests | Total Equity | | | | |
| Balance as of 30 September 2024 | $249.4 | | $1,253.2 | | $19,545.7 | | ($2,027.7) | | ($1,984.1) | $17,036.5 | $1,637.2 | $18,673.7 |
| Net income (loss) | — | | — | | (399.4) | | — | | — | (399.4) | 34.9 | (364.5) |
| Other comprehensive income | — | | — | | — | | 57.9 | | — | 57.9 | 82.4 | 140.3 |
| Dividends on common stock ($5.35 per share) | — | | — | | (1,190.5) | | — | | — | (1,190.5) | — | (1,190.5) |
| Distributions to noncontrolling interests | — | | — | | — | | — | | — | — | (4.0) | (4.0) |
| Share-based compensation | — | | 62.5 | | — | | — | | — | 62.5 | — | 62.5 |
First 8 of 13 rows. The CSV has all of them.
| (Millions of U.S. Dollars, except for per share data) | | | | | | | | | | | | |
| Three Months Ended 30 June 2026 | | | | | | | | | | | |
| Common Stock | Capital in Excess of Par Value | Retained Earnings | AOCL(A) | Treasury Stock | Air Products Share-holders' Equity | Non-controlling Interests | Total Equity | | | | |
| Balance as of 31 March 2026 | $249.4 | | $1,317.2 | | $18,144.2 | | ($2,057.5) | | ($2,003.4) | $15,649.9 | $2,499.9 | $18,149.8 |
| Net income (loss) | — | | — | | (1,440.8) | | — | | — | (1,440.8) | 18.5 | (1,422.3) |
| Other comprehensive income (loss) | — | | — | | — | | 67.4 | | — | 67.4 | 21.7 | 89.1 |
| Dividends on common stock ($1.81 per share) | — | | — | | (403.1) | | — | | — | (403.1) | — | (403.1) |
| Share-based compensation | — | | 11.4 | | — | | — | | — | 11.4 | — | 11.4 |
First 8 of 12 rows. The CSV has all of them.
| Three Months Ended 30 June 2025 | | | | | | | | | | | |
| Common Stock | Capital in Excess of Par Value | Retained Earnings | AOCL(A) | Treasury Stock | Air Products Share-holders' Equity | Non-controlling Interests | Total Equity | | | | |
| Balance as of 31 March 2025 | $249.4 | | $1,291.4 | | $17,637.3 | | ($2,477.7) | | ($1,997.0) | $14,703.4 | $2,076.2 | $16,779.6 |
| Net income | — | | — | | 713.8 | | — | | — | 713.8 | 9.4 | 723.2 |
| Other comprehensive income | — | | — | | — | | 507.9 | | — | 507.9 | 24.0 | 531.9 |
| Dividends on common stock ($1.79 per share) | — | | — | | (398.4) | | — | | — | (398.4) | — | (398.4) |
| Distributions to noncontrolling interests | — | | — | | — | | — | | — | — | (2.6) | (2.6) |
| Share-based compensation | — | | 11.5 | | — | | — | | — | 11.5 | — | 11.5 |
First 8 of 12 rows. The CSV has all of them.
Table 12 after “Millions of U.S. Dollars, unless otherwise indicated”
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| 1. | Basis of Presentation and Major Accounting Policies | 12 |
| 2. | New Accounting Guidance | 13 |
| 3. | Variable Interest Entities | 14 |
| 4. | Business and Asset Actions | 18 |
| 5. | Revenue Recognition | 21 |
| 6. | Inventories | 23 |
| 7. | Goodwill | 23 |
| 8. | Financial Instruments | 24 |
First 8 of 18 rows. The CSV has all of them.
Table 13 after “balances associated with NGHC as reflected on our consolidated balance sheets:”
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| 30 June | 30 September | |
| 2026 | 2025 | |
| Assets | | | |
| Cash and cash items | $57.3 | | $40.3 |
| Trade receivables, net | — | | 1.1 |
| Prepaid expenses | 12.3 | | 20.7 |
| Other receivables and current assets | 142.9 | | 107.2 |
| Total Current Assets | $212.5 | | $169.3 |
First 8 of 27 rows. The CSV has all of them.
Table 14 after “The table below summarizes charges for business and asset actions within our consolidated income statements. These charges were not recorded”
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| Three Months Ended | | Nine Months Ended | | | | |
| 30 June | | 30 June | | | | |
| 2026 | 2025 | | 2026 | 2025 | | |
| Project exit decisions | $2,907.4 | | $24.1 | | | $2,929.4 | $2,885.9 |
| Global cost reduction plan | — | | — | | | — | 66.1 |
| Charges recorded to operating income/loss | $2,907.4 | | $24.1 | | | $2,929.4 | $2,952.0 |
| Project exit-related non-operating charges(A) | — | | — | | | 6.3 | 6.8 |
| Charges recorded to income/loss from continuing operations before taxes | $2,907.4 | | $24.1 | | | $2,935.7 | $2,958.8 |
First 8 of 11 rows. The CSV has all of them.
Table 15 after “The table below summarizes cumulative charges incurred by major type of cost through 30 June 2026, categorized based on the fiscal year in w”
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| FY2026 Project Exit Decisions | FY2025Project Exit Decisions(A) | Total Project Exit Decisions | |
| Asset write-downs(B) | $2,210.6 | | $3,307.8 | $5,518.4 |
| Other exit costs(C) | 696.8 | | 350.6 | 1,047.4 |
| Cumulative charges through 30 June 2026 | $2,907.4 | | $3,658.4 | $6,565.8 |
Table 16 after “The table below provides a reconciliation of the Company's accrued liability associated with project exit decisions included within "Payable”
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| FY2026 Project Exit Decisions | FY2025 Project Exit Decisions | Total Project Exit Decisions | |
| Liability as of 30 September 2025 | $— | | $178.3 | $178.3 |
| Estimated project exit costs accrued | 696.8 | | — | 696.8 |
| Changes in estimates | — | | 3.7 | 3.7 |
| Cash payments | — | | (92.1) | (92.1) |
| Liability as of 30 June 2026 | $696.8 | | $89.9 | $786.7 |
Table 17 after “The table below provides a reconciliation of the beginning and ending liability balances associated with our global cost reduction plan, whi”
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| Amount accrued as of 30 September 2025 | $101.6 |
| Cash payments | (47.7) |
| Currency translation adjustment | (0.6) |
| Amount accrued as of 30 June 2026 | $53.3 |
Table 18 after “The tables provided below present our consolidated sales disaggregated by supply mode for each of our reportable segments. We believe this p”
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| Three Months Ended 30 June 2026 | | | | | | | | | |
| Americas | Asia | Europe | Middle East and India | Corporate and other | Total% | | | | |
| On-site | $783.1 | | $594.3 | | $277.7 | | $15.8 | $— | $1,670.9 | 53% |
| Merchant | 538.3 | | 291.7 | | 538.0 | | 19.0 | — | 1,387.0 | 44% |
| Sale of equipment | — | | — | | — | | — | 103.1 | 103.1 | 3% |
| Total | $1,321.4 | | $886.0 | | $815.7 | | $34.8 | $103.1 | $3,161.0 | 100% |
| Three Months Ended 30 June 2025 | | | | | | | | | |
| Americas | Asia | Europe | Middle East and India | Corporate and other | Total% | | | | |
First 8 of 12 rows. The CSV has all of them.
Table 19 after “The tables provided below present our consolidated sales disaggregated by supply mode for each of our reportable segments. We believe this p”
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| Nine Months Ended 30 June 2026 | | | | | | | | | |
| Americas | Asia | Europe | Middle East and India | Corporate and other | Total% | | | | |
| On-site | $2,407.4 | | $1,744.8 | | $816.3 | | $48.0 | $— | $5,016.5 | 53% |
| Merchant | 1,639.6 | | 805.3 | | 1,570.4 | | 46.3 | — | 4,061.6 | 43% |
| Sale of equipment | — | | — | | — | | — | 357.2 | 357.2 | 4% |
| Total | $4,047.0 | | $2,550.1 | | $2,386.7 | | $94.3 | $357.2 | $9,435.3 | 100% |
| Nine Months Ended 30 June 2025 | | | | | | | | | |
| Americas | Asia | Europe | Middle East and India | Corporate and other | Total% | | | | |
First 8 of 12 rows. The CSV has all of them.
Table 20 after “The table below details balances arising from contracts with customers:”
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| | 30 June | 30 September | |
| Balance Sheet Location | 2026 | 2025 | |
| Assets | | | | |
| Contract assets – current | Other receivables and current assets | $64.5 | | $152.6 |
| Contract fulfillment costs – current | Other receivables and current assets | 76.0 | | 85.4 |
| Contract assets – noncurrent | Other noncurrent assets | 110.0 | | 82.3 |
| Contract fulfillment costs – noncurrent | Other noncurrent assets | 32.4 | | 33.8 |
| Liabilities | | | | |
First 8 of 10 rows. The CSV has all of them.
Table 21 after “The components of inventories are as follows:”
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| 30 June | 30 September | |
| 2026 | 2025 | |
| Finished goods | $192.8 | | $191.9 |
| Work in process | 54.0 | | 42.4 |
| Raw materials, supplies, and other | 504.8 | | 542.2 |
| Inventories | $751.6 | | $776.5 |
Table 22 after “Changes to the carrying amount of consolidated goodwill by segment for the nine months ended 30 June 2026 are as follows:”
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| Americas | Asia | Europe | Middle East and India | Corporate and other | Total | | | |
| Goodwill, net as of 30 September 2025 | $143.5 | | $172.5 | | $597.9 | | $15.8 | $34.2 | $963.9 |
| Currency translation | 1.7 | | — | | (8.2) | | — | — | (6.5) |
| Goodwill, net as of 30 June 2026 | $145.2 | | $172.5 | | $589.7 | | $15.8 | $34.2 | $957.4 |
Table 23 after “Changes to the carrying amount of consolidated goodwill by segment for the nine months ended 30 June 2026 are as follows:”
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| 30 June | 30 September | |
| 2026 | 2025 | |
| Goodwill, gross | $1,244.4 | | $1,238.6 |
| Accumulated impairment losses(A) | (287.0) | | (274.7) |
| Goodwill, net | $957.4 | | $963.9 |
Table 24 after “The table below summarizes our outstanding currency price risk management instruments:”
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| 30 June 2026 | 30 September 2025 | | | | | |
| US$ Notional | Years Average Maturity | | US$ Notional | | Years Average Maturity | |
| Forward Exchange Contracts: | | | | | | | |
| Cash flow hedges | $4,630.6 | | 0.6 | | $3,625.5 | | 0.6 |
| Net investment hedges | 72.3 | | 0.1 | | 73.9 | | 0.8 |
| Not designated | 1,703.1 | | 1.4 | | 2,968.6 | | 1.2 |
| Total Forward Exchange Contracts | $6,406.0 | | 0.8 | | $6,668.0 | | 0.9 |
Table 25 after “outstanding interest rate management contracts and cross currency interest rate swaps:”
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| 30 June 2026 | 30 September 2025 | | | | | | | | | | | | | | | | | |
| US$ Notional | Average Pay % | | Average Receive % | | Years Average Maturity | US$ Notional | | Average Pay % | | Average Receive % | | Years Average Maturity | | | | | | |
| Interest rate swaps (fair value hedge) | $600.0 | | SOFR | | 1.80% | | 1.9 | | $800.0 | | | SOFR | | 1.64% | | | 2.0 | | |
| Interest rate swaps(cash flow hedge)(A) | $3,626.2 | | 2.82% | | | SOFR | 19.4 | | $3,106.0 | | | 2.78% | | | SOFR | | 20.1 | | |
| Interest rate swaps(not designated)(A) | $— | | —% | | | —% | | 0.0 | | $269.1 | | | 3.28% | | | SOFR | | 20.2 | |
| Cross currency interest rate swaps (net investment hedge) | $2,036.9 | | 2.07% | | | 3.70% | | 1.8 | | $70.3 | | | 4.86% | | | 4.53% | | | 0.5 |
| Cross currency interest rate swaps (cash flow hedge) | $84.2 | | 4.70% | | | 2.88% | | 0.6 | | $247.7 | | | 5.21% | | | 3.12% | | | 1.6 |
| Cross currency interest rate swaps (not designated) | $23.2 | | 0.15% | | | 1.85% | | 0.9 | | $— | | | —% | | | —% | | | 0.0 |
Table 26 after “The table below provides the amounts recorded on the consolidated balance sheets related to cumulative basis adjustments for fair value hedg”
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| Carrying amounts of hedged item | | Cumulative hedging adjustment, included in carrying amount | | | | |
| 30 June | 30 September | | 30 June | 30 September | | |
| Balance Sheet Location | 2026 | 2025 | | 2026 | 2025 | | |
| Current portion of long-term debt | $644.5 | | $549.7 | | | ($5.0) | ($0.3) |
| Long-term debt | $879.7 | | $1,522.5 | | | ($17.4) | ($23.1) |
Table 27 after “The table below summarizes the fair value and balance sheet location of our outstanding derivatives:”
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| Balance Sheet Location | 30 June | 30 September | Balance Sheet Location | 30 June | 30 September | | |
| 2026 | 2025 | 2026 | 2025 | | | | |
| Derivatives Designated as Hedging Instruments: | | | | | | | | |
| Forward exchange contracts | Other receivables and current assets | $59.3 | | $50.7 | | Payables and accrued liabilities | $58.6 | $21.4 |
| Interest rate management contracts | Other receivables and current assets | 19.5 | | 13.1 | | Payables and accrued liabilities | 32.6 | 0.3 |
| Forward exchange contracts | Other noncurrent assets | 20.7 | | 10.1 | | Other noncurrent liabilities | 3.2 | 3.4 |
| Interest rate management contracts | Other noncurrent assets | 259.1 | | 138.2 | | Other noncurrent liabilities | 80.0 | 23.8 |
| Total Derivatives Designated as Hedging Instruments | | $358.6 | | $212.1 | | | $174.4 | $48.9 |
First 8 of 15 rows. The CSV has all of them.
Table 28 after “The tables below summarize gains (losses) recognized in other comprehensive income during the period related to our net investment and cash ”
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| Three Months Ended | | Nine Months Ended | | | | |
| 30 June | | 30 June | | | | |
| 2026 | 2025 | | 2026 | 2025 | | |
| Net Investment Hedging Relationships | | | | | | | |
| Forward exchange contracts | ($0.5) | | ($35.2) | | | ($3.9) | ($1.3) |
| Foreign currency debt | 42.5 | | (276.9) | | | 97.3 | (248.9) |
| Cross currency interest rate swaps(A) | (26.8) | | — | | | (29.5) | 0.4 |
| Total Amount Recognized in OCI | 15.2 | | (312.1) | | | 63.9 | (249.8) |
First 8 of 10 rows. The CSV has all of them.
Table 29 after “Excluded components for cross currency interest rate swaps are recognized in “Payables and accrued liabilities” and “Other receivables and c”
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| Three Months Ended | | Nine Months Ended | | | | |
| 30 June | | 30 June | | | | |
| 2026 | 2025 | | 2026 | 2025 | | |
| Derivatives in Cash Flow Hedging Relationships | | | | | | | |
| Forward exchange contracts | $19.6 | | $80.3 | | | $10.5 | ($54.1) |
| Forward exchange contracts, excluded components | (4.5) | | (1.8) | | | (14.9) | (8.1) |
| Other(A) | 33.7 | | (20.5) | | | 86.6 | 122.8 |
| Total Amount Recognized in OCI | 48.8 | | 58.0 | | | 82.2 | 60.6 |
First 8 of 10 rows. The CSV has all of them.
Table 30 after “tables below summarize the location and amounts recognized in income related to our cash flow and fair value hedging relationships by contra”
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| Three Months Ended 30 June | | | | | | | | | | | | | | | |
| Sales | | Cost of Sales | | | | Interest Expense | | Other Non-Operating Income (Expense), Net | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | | | | | 2026 | 2025 | 2026 | 2025 | | | |
| Total presented in consolidated income statements that includes effects of hedging below | $3,161.0 | | $3,022.7 | | | $2,125.0 | | $2,040.1 | | | | | $49.4 | $61.4 | $3.6 | ($6.0) |
| (Gain) Loss Effects of Cash Flow Hedging: | | | | | | | | | | | | | | | | |
| Forward Exchange Contracts: | | | | | | | | | | | | | | | | |
| Amount reclassified from OCI into income | ($0.4) | | ($0.1) | | | $7.3 | | ($0.3) | | | | | $— | $— | ($16.2) | ($73.6) |
| Amount excluded from effectiveness testing recognized in earnings based on amortization approach | — | | — | | | — | | — | | | | | — | — | 5.4 | 2.7 |
First 8 of 19 rows. The CSV has all of them.
| Nine Months Ended 30 June | | | | | | | | | | | | | | | |
| Sales | | Cost of Sales | | | | Interest Expense | | Other Non-Operating Income (Expense), Net | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | | | | | 2026 | 2025 | 2026 | 2025 | | | |
| Total presented in consolidated income statements that includes effects of hedging below | $9,435.3 | | $8,870.4 | | | $6,416.9 | | $6,110.5 | | | | | $153.4 | $146.2 | $3.1 | $14.3 |
| (Gain) Loss Effects of Cash Flow Hedging: | | | | | | | | | | | | | | | | |
| Forward Exchange Contracts: | | | | | | | | | | | | | | | | |
| Amount reclassified from OCI into income | ($1.7) | | $0.3 | | | $6.8 | | $7.3 | | | | | $— | $— | $8.8 | $30.8 |
| Amount excluded from effectiveness testing recognized in earnings based on amortization approach | — | | — | | | — | | — | | | | | — | — | 16.2 | 13.1 |
First 8 of 19 rows. The CSV has all of them.
Table 32 after “The tables below summarize the location and amounts recognized in income related to our derivatives not designated as hedging instruments by”
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| Three Months Ended 30 June | | | | | |
| Other Income (Expense), Net | Other Non-Operating Income (Expense), Net | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| The Effects of Derivatives Not Designated as Hedging Instruments: | | | | | | |
| Forward exchange contracts | $0.4 | | $4.0 | | ($2.0) | $— |
| De-designated interest rate swaps | — | | — | | — | 0.1 |
| Other | — | | — | | 0.5 | — |
| Total (Gain) Loss Recognized in Income | $0.4 | | $4.0 | | ($1.5) | $0.1 |
Table 33 after “The tables below summarize the location and amounts recognized in income related to our derivatives not designated as hedging instruments by”
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| Nine Months Ended 30 June | | | | | |
| Other Income (Expense), Net | Other Non-Operating Income (Expense), Net | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| The Effects of Derivatives Not Designated as Hedging Instruments: | | | | | | |
| Forward exchange contracts | $0.2 | | ($2.7) | | ($2.2) | ($0.8) |
| De-designated interest rate swaps | — | | — | | (1.9) | (27.2) |
| Other | — | | — | | 1.3 | (1.7) |
| Total (Gain) Loss Recognized in Income | $0.2 | | ($2.7) | | ($2.8) | ($29.7) |
Table 34 after “The carrying values and fair values of financial instruments were as follows:”
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| 30 June 2026 | 30 September 2025 | | | | |
| Carrying Value | Fair Value | | Carrying Value | Fair Value | |
| Assets | | | | | | |
| Derivatives | | | | | | |
| Forward exchange contracts | $86.4 | | $86.4 | | $81.3 | $81.3 |
| Interest rate management contracts | 278.6 | | 278.6 | | 163.1 | 163.1 |
| Liabilities | | | | | | |
| Derivatives | | | | | | |
First 8 of 11 rows. The CSV has all of them.
Table 35 after “The table below summarizes assets and liabilities on the consolidated balance sheets that are measured at fair value on a recurring basis:”
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| 30 June 2026 | | 30 September 2025 | | | | | | | | | | |
| Total | Level 1 | Level 2 | Level 3 | | Total | Level 1 | Level 2 | Level 3 | | | | |
| Assets at Fair Value | | | | | | | | | | | | | |
| Derivatives | | | | | | | | | | | | | |
| Forward exchange contracts | $86.4 | | $— | | $86.4 | | $— | | | $81.3 | $— | $81.3 | $— |
| Interest rate management contracts | 278.6 | | — | | 278.6 | | — | | | 163.1 | — | 163.1 | — |
| Total Assets at Fair Value | $365.0 | | $— | | $365.0 | | $— | | | $244.4 | $— | $244.4 | $— |
| Liabilities at Fair Value | | | | | | | | | | | | | |
First 8 of 12 rows. The CSV has all of them.
Table 36 after “The table below presents the nonrecurring fair value measurements of these long-lived assets, categorized within the fair value hierarchy:”
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| Balance Sheet Location | Total Estimated Value | Level 1 | Level 2 | Level 3 | | |
| Assets held for sale | $461.6 | | $— | | $— | $461.6 |
| Plant and equipment, net | 201.2 | | — | | — | 201.2 |
Table 37 after “The components of net periodic cost for our defined benefit pension plans for the three and nine months ended 30 June 2026 and 2025 were as ”
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| Pension Benefits | | | | | | | | |
| 2026 | | 2025 | | | | | | |
| Three Months Ended 30 June | U.S. | International | Total | U.S. | International | Total | | | |
| Service cost | $1.9 | | $2.8 | $4.7 | | | $2.3 | $3.0 | $5.3 |
| Non-service cost: | | | | | | | | | |
| Interest cost | 29.0 | | 15.3 | 44.3 | | | 29.9 | 14.5 | 44.4 |
| Expected return on plan assets | (35.1) | | (17.3) | (52.4) | | | (33.1) | (15.3) | (48.4) |
| Prior service cost amortization | 0.2 | | 0.2 | 0.4 | | | 0.2 | 0.3 | 0.5 |
First 8 of 12 rows. The CSV has all of them.
Table 38 after “The components of net periodic cost for our defined benefit pension plans for the three and nine months ended 30 June 2026 and 2025 were as ”
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| Pension Benefits | | | | | | | | |
| 2026 | | 2025 | | | | | | |
| Nine Months Ended 30 June | U.S. | International | Total | U.S. | International | Total | | | |
| Service cost | $5.7 | | $8.4 | $14.1 | | | $6.9 | $8.6 | $15.5 |
| Non-service cost: | | | | | | | | | |
| Interest cost | 87.1 | | 44.9 | 132.0 | | | 89.7 | 42.2 | 131.9 |
| Expected return on plan assets | (105.6) | | (51.5) | (157.1) | | | (99.5) | (44.5) | (144.0) |
| Prior service cost amortization | 0.8 | | 0.7 | 1.5 | | | 0.8 | 0.7 | 1.5 |
First 8 of 12 rows. The CSV has all of them.
Table 39 after “Changes to the carrying amount of our asset retirement obligations were as follows:”
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| 30 September 2025 | $406.2 |
| Additional accruals(A) | 83.7 |
| Liabilities settled | (21.2) |
| Accretion expense | 10.6 |
| Currency translation adjustment and other | 1.4 |
| 30 June 2026 | $480.7 |
Table 40 after “Share-based compensation cost recognized on the consolidated income statements is summarized below:”
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| Three Months Ended | Nine Months Ended | | | | |
| 30 June | 30 June | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Before-tax share-based compensation cost(A) | $12.3 | | $11.0 | | $38.6 | $65.8 |
| Income tax benefit | (2.9) | | (2.8) | | (9.1) | (15.8) |
| After-tax share-based compensation cost | $9.4 | | $8.2 | | $29.5 | $50.0 |
Table 41 after “The tables below summarize changes in accumulated other comprehensive loss ("AOCL"), net of tax, attributable to Air Products for the three ”
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| Derivatives qualifying as hedges | Foreign currency translation adjustments | Pension and postretirement benefits | Total | | |
| Balance at 31 March 2026 | $87.2 | | ($1,667.6) | | ($477.1) | ($2,057.5) |
| Other comprehensive income before reclassifications | 42.5 | | 40.4 | | — | 82.9 |
| Amounts reclassified from AOCL | (2.7) | | — | | 8.9 | 6.2 |
| Net current period other comprehensive income | 39.8 | | 40.4 | | 8.9 | 89.1 |
| Amount attributable to noncontrolling interests | 17.0 | | 4.9 | | (0.2) | 21.7 |
| Balance at 30 June 2026 | $110.0 | | ($1,632.1) | | ($468.0) | ($1,990.1) |
Table 42 after “The tables below summarize changes in accumulated other comprehensive loss ("AOCL"), net of tax, attributable to Air Products for the three ”
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| Derivatives qualifying as hedges | Foreign currency translation adjustments | Pension and postretirement benefits | Total | | |
| Balance at 30 September 2025 | $49.3 | | ($1,640.7) | | ($496.4) | ($2,087.8) |
| Other comprehensive income before reclassifications | 77.1 | | 8.4 | | — | 85.5 |
| Amounts reclassified from AOCL | 30.2 | | — | | 28.1 | 58.3 |
| Net current period other comprehensive income | 107.3 | | 8.4 | | 28.1 | 143.8 |
| Amount attributable to noncontrolling interests | 46.6 | | (0.2) | | (0.3) | 46.1 |
| Balance at 30 June 2026 | $110.0 | | ($1,632.1) | | ($468.0) | ($1,990.1) |
Table 43 after “The table below summarizes the reclassifications out of AOCL and the affected line item on the consolidated income statements:”
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| Three Months Ended | Nine Months Ended | | | | |
| 30 June | 30 June | | | | |
| 2026 | 2025 | 2026 | 2025 | | |
| (Gain) Loss on Cash Flow Hedges, net of tax | | | | | | |
| Sales | ($0.6) | | ($0.1) | | ($1.7) | $0.2 |
| Cost of sales | 5.5 | | (0.2) | | 5.2 | 5.8 |
| Interest expense | (0.2) | | (0.4) | | (0.8) | (0.1) |
| Other non-operating income (expense), net | (7.4) | | (51.5) | | 27.5 | 26.8 |
First 8 of 11 rows. The CSV has all of them.
Table 44 after “The table below details the computation of basic and diluted earnings (loss) per share:”
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| Three Months Ended | | Nine Months Ended | | | | |
| 30 June | | 30 June | | | | |
| 2026 | 2025 | | 2026 | 2025 | | |
| Numerator | | | | | | | |
| Net income (loss) from continuing operations | ($1,440.8) | | $721.8 | | | ($52.2) | ($391.4) |
| Net loss from discontinued operations | — | | (8.0) | | | — | (8.0) |
| Net income (loss) attributable to Air Products | ($1,440.8) | | $713.8 | | | ($52.2) | ($399.4) |
| Denominator (in millions) | | | | | | | |
First 8 of 19 rows. The CSV has all of them.
Table 45 after “The table below summarizes antidilutive outstanding share-based awards that were excluded from the computation of diluted earnings (loss) pe”
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| Three Months Ended | Nine Months Ended | | | | |
| 30 June | 30 June | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Antidilutive outstanding share-based awards(A) | 0.2 | | 0.1 | | 0.2 | 0.2 |
| Three Months Ended 30 June | Nine Months Ended 30 June | | | | |
| 2026 | 2025 | 2026 | 2025 | | |
| Income tax expense (benefit) | ($515.4) | | $159.6 | | ($197.3) | ($205.5) |
| Income (Loss) from continuing operations before taxes | (1,937.7) | | 890.8 | | (203.4) | (562.0) |
| Effective tax rate | 26.6% | | 17.9% | | 97.0% | 36.6% |
| Americas | Asia | Europe | Middle East and India | Corporate and other | Total | | | |
| Three Months Ended 30 June 2026 | | | | | | | | | |
| Sales(A) | $1,321.4 | | $886.0 | | $815.7 | | $34.8 | $103.1 | $3,161.0 |
| Cost of sales | (873.7) | | (599.0) | | (520.5) | | (22.0) | (109.8) | (2,125.0) |
| Selling and administrative expense | (54.7) | | (33.2) | | (65.9) | | (5.3) | (60.0) | (219.1) |
| Other segment items(B) | 2.4 | | 2.6 | | 1.4 | | 0.5 | (13.5) | (6.6) |
| Operating income (loss)(C) | 395.4 | | 256.4 | | 230.7 | | 8.0 | (80.2) | 810.3 |
| Other segment information: | | | | | | | | | |
First 8 of 45 rows. The CSV has all of them.
Table 48 after “The table below reconciles total segment operating income to income (loss) before taxes as reflected on our consolidated income statements:”
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| Three Months Ended | Nine Months Ended | | | | |
| 30 June | 30 June | | | | |
| 2026 | 2025 | 2026 | 2025 | | |
| Total Segment Operating Income | $810.3 | | $741.1 | | $2,319.5 | $2,045.9 |
| Business and asset actions | (2,907.4) | | (24.1) | | (2,929.4) | (2,952.0) |
| Shareholder activism-related costs | — | | (25.0) | | — | (86.3) |
| Gain on sale of business | — | | 67.3 | | — | 67.3 |
| Gain on sale of other assets(A) | — | | 31.3 | | — | 31.3 |
First 8 of 13 rows. The CSV has all of them.
Table 49 after “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations”
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| Third Quarter 2026 in Summary | 48 |
| Third Quarter 2026 Results of Operations | 50 |
| First Nine Months 2026 in Summary | 57 |
| First Nine Months 2026 Results of Operations | 59 |
| Reconciliations of Non-GAAP Financial Measures | 67 |
| Liquidity and Capital Resources | 73 |
| Pension Benefits | 77 |
| Critical Accounting Policies and Estimates | 78 |
Table 50 after “The per share impacts for the items presented in the table below were calculated independently and do not sum to the total change in earning”
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| Three Months Ended | Change vs. Prior Year | | |
| 30 June | | | |
| 2026 | 2025 | | |
| Earnings (Loss) per Share | ($6.47) | | $3.20 | ($9.67) |
| Less: Loss per share from discontinued operations | — | | (0.04) | 0.04 |
| Earnings (Loss) per share from continuing operations | ($6.47) | | $3.24 | ($9.71) |
| % Change from prior year | | | (300%) | |
| Operating Items | | | | |
First 8 of 29 rows. The CSV has all of them.
Table 51 after “The table below summarizes the per share impact of non-GAAP adjustments for the third quarter of fiscal years 2026 and 2025. These impacts w”
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| Three Months Ended | Change vs. Prior Year | | |
| 30 June | | | |
| 2026 | 2025 | | |
| Earnings (Loss) per Share | ($6.47) | | $3.24 | ($9.71) |
| Business and asset actions | 9.92 | | 0.07 | 9.85 |
| Shareholder activism-related costs | — | | 0.08 | (0.08) |
| Gain on sale of business | — | | (0.23) | 0.23 |
| Gain on sale of other assets | — | | (0.11) | 0.11 |
First 8 of 11 rows. The CSV has all of them.
Table 52 after “Discussion of Third Quarter Consolidated Results”
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| Three Months Ended | | | | | | |
| 30 June | Change vs. Prior Year | | | | | |
| 2026 | 2025 | | $%/bp | | | |
| GAAP Financial Measures | | | | | | | |
| Sales | $3,161.0 | | $3,022.7 | | $138.3 | | 5% |
| Operating income (loss) | (2,097.1) | | 790.6 | | (2,887.7) | | (365%) |
| Operating margin | (66.3%) | | 26.2% | | | (9,250 | bp) |
| Equity affiliates’ income | $205.2 | | $167.6 | | $37.6 | | 22% |
First 8 of 11 rows. The CSV has all of them.
Table 53 after “The table below summarizes the major factors that impacted consolidated sales for the periods presented:”
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| Volume | 3% |
| Price | 1% |
| Energy cost pass-through to customers | —% |
| Currency | 1% |
| Total Consolidated Sales Change | 5% |
| Three Months Ended | | |
| 30 June | | |
| 2026 | 2025 | |
| Interest incurred | $169.8 | | $161.1 |
| Less: Capitalized interest | 120.4 | | 99.7 |
| Interest expense | $49.4 | | $61.4 |
Table 55 after “The effective tax rate equals the income tax expense (benefit) divided by income or loss before taxes. Equity affiliates' income is primaril”
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| Three Months Ended 30 June | | |
| 2026 | 2025 | |
| Income tax expense (benefit) | ($515.4) | | $159.6 |
| Income (Loss) from continuing operations before taxes | (1,937.7) | | 890.8 |
| Effective tax rate | 26.6% | | 17.9% |
| Three Months Ended | | | | | | |
| 30 June | Change vs. Prior Year | | | | | |
| 2026 | 2025 | | $%/bp | | | |
| Sales | $1,321.4 | | $1,261.0 | | $60.4 | | 5% |
| Operating income | 395.4 | | 374.1 | | 21.3 | | 6% |
| Operating margin | 29.9% | | 29.7% | | | 20 | bp |
| Equity affiliates’ income | $56.2 | | $37.8 | | $18.4 | | 49% |
| Three Months Ended | | | | | | |
| 30 June | Change vs. Prior Year | | | | | |
| 2026 | 2025 | | $%/bp | | | |
| Sales | $886.0 | | $810.0 | | $76.0 | | 9% |
| Operating income | 256.4 | | 216.8 | | 39.6 | | 18% |
| Operating margin | 28.9% | | 26.8% | | | 210 | bp |
| Equity affiliates’ income | $12.9 | | $9.5 | | $3.4 | | 36% |
Table 58 after “The table below summarizes the major factors that impacted sales in the Asia segment for the periods presented:”
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| Volume | 6% |
| Price | —% |
| Energy cost pass-through to customers | 1% |
| Currency | 2% |
| Total Asia Sales Change | 9% |
| Three Months Ended | | | | | | |
| 30 June | Change vs. Prior Year | | | | | |
| 2026 | 2025 | | $%/bp | | | |
| Sales | $815.7 | | $770.5 | | $45.2 | | 6% |
| Operating income | 230.7 | | 225.2 | | 5.5 | | 2% |
| Operating margin | 28.3% | | 29.2% | | | (90 | bp) |
| Equity affiliates’ income | $32.6 | | $29.7 | | $2.9 | | 10% |
Table 60 after “The table below summarizes the major factors that impacted sales in the Europe segment for the periods presented:”
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| Volume | (2%) |
| Price | 2% |
| Energy cost pass-through to customers | 3% |
| Currency | 3% |
| Total Europe Sales Change | 6% |
| Three Months Ended | | | | | |
| 30 June | Change vs. Prior Year | | | | |
| 2026 | 2025 | | $% | | |
| Sales | $34.8 | | $38.3 | | ($3.5) | (9%) |
| Operating income | 8.0 | | 8.1 | | (0.1) | (1%) |
| Equity affiliates' income | 101.1 | | 86.0 | | 15.1 | 18% |
| Three Months Ended | | | | | |
| 30 June | Change vs. Prior Year | | | | |
| 2026 | 2025 | | $% | | |
| Sales | $103.1 | | $142.9 | | ($39.8) | (28%) |
| Operating loss | (80.2) | | (83.1) | | 2.9 | 3% |
| Equity affiliates' income | 2.4 | | 4.6 | | (2.2) | (48%) |
Table 63 after “The per share impacts for the items presented in the table below were calculated independently and do not sum to the total change in earning”
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| Nine Months Ended | Change vs. Prior Year | | |
| 30 June | | | |
| 2026 | 2025 | | |
| Loss per Share | ($0.23) | | ($1.79) | $1.56 |
| Less: Loss per share from discontinued operations | — | | (0.04) | 0.04 |
| Loss per share from continuing operations | ($0.23) | | ($1.76) | $1.53 |
| % Change from prior year | | | 87% | |
| Operating Items | | | | |
First 8 of 34 rows. The CSV has all of them.
Table 64 after “The table below summarizes the per share impact of our non-GAAP adjustments for the first nine months of fiscal years 2026 and 2025. These i”
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| Nine Months Ended | Change vs. Prior Year | | |
| 30 June | | | |
| 2026 | 2025 | | |
| Loss per Share | ($0.23) | | ($1.76) | $1.53 |
| Business and asset actions(A) | 10.03 | | 10.35 | (0.32) |
| Shareholder activism-related costs | — | | 0.32 | (0.32) |
| Gain on sale of business | — | | (0.23) | 0.23 |
| Gain on sale of other assets | — | | (0.11) | 0.11 |
First 8 of 14 rows. The CSV has all of them.
Table 65 after “Discussion of First Nine Months Consolidated Results”
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| Nine Months Ended | | | | | | |
| 30 June | Change vs. Prior Year | | | | | |
| 2026 | 2025 | | $%/bp | | | |
| GAAP Financial Measures | | | | | | | |
| Sales | $9,435.3 | | $8,870.4 | | $564.9 | | 6% |
| Operating loss | (609.9) | | (893.8) | | 283.9 | | 32% |
| Operating margin | (6.5%) | | (10.1%) | | | 360 | bp |
| Equity affiliates’ income | $556.8 | | $463.7 | | $93.1 | | 20% |
First 8 of 11 rows. The CSV has all of them.
Table 66 after “The table below summarizes the major factors that impacted consolidated sales for the periods presented:”
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| Volume | 2% |
| Price | —% |
| Energy cost pass-through to customers | 1% |
| Currency | 3% |
| Total Consolidated Sales Change | 6% |
| Nine Months Ended | | |
| 30 June | | |
| 2026 | 2025 | |
| Interest incurred | $505.3 | | $446.8 |
| Less: Capitalized interest | 351.9 | | 300.6 |
| Interest expense | $153.4 | | $146.2 |
Table 68 after “The effective tax rate equals the income tax benefit divided by loss before taxes. Equity affiliates' income is primarily included net of in”
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| Nine Months Ended 30 June | | | |
| | 2026 | 2025 | |
| Income tax benefit | | ($197.3) | | ($205.5) |
| Loss from continuing operations before taxes | | (203.4) | | (562.0) |
| Effective tax rate | | 97.0% | | 36.6% |
| Nine Months Ended | | | | | | |
| 30 June | Change vs. Prior Year | | | | | |
| 2026 | 2025 | | $%/bp | | | |
| Sales | $4,047.0 | | $3,835.8 | | $211.2 | | 6% |
| Operating income | 1,173.1 | | 1,128.0 | | 45.1 | | 4% |
| Operating margin | 29.0% | | 29.4% | | | (40 | bp) |
| Equity affiliates’ income | $163.7 | | $104.1 | | $59.6 | | 57% |
Table 70 after “The table below summarizes the major factors that impacted sales in the Americas segment for the periods presented:”
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| Volume | 2% |
| Price | 1% |
| Energy cost pass-through to customers | 2% |
| Currency | 1% |
| Total Americas Sales Change | 6% |
| Nine Months Ended | | | | | | |
| 30 June | Change vs. Prior Year | | | | | |
| 2026 | 2025 | | $%/bp | | | |
| Sales | $2,550.1 | | $2,401.2 | | $148.9 | | 6% |
| Operating income | 728.7 | | 624.6 | | 104.1 | | 17% |
| Operating margin | 28.6% | | 26.0% | | | 260 | bp |
| Equity affiliates’ income | $38.4 | | $30.3 | | $8.1 | | 27% |
Table 72 after “The table below summarizes the major factors that impacted sales in the Asia segment for the periods presented:”
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| Volume | 3% |
| Price | (1%) |
| Energy cost pass-through to customers | 2% |
| Currency | 2% |
| Total Asia Sales Change | 6% |
| Nine Months Ended | | | | | | |
| 30 June | Change vs. Prior Year | | | | | |
| 2026 | 2025 | | $%/bp | | | |
| Sales | $2,386.7 | | $2,195.1 | | $191.6 | | 9% |
| Operating income | 665.8 | | 607.2 | | 58.6 | | 10% |
| Operating margin | 27.9% | | 27.7% | | | 20 | bp |
| Equity affiliates’ income | $87.9 | | $75.6 | | $12.3 | | 16% |
Table 74 after “The table below summarizes the major factors that impacted sales in the Europe segment for the periods presented:”
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| Volume | 1% |
| Price | 1% |
| Energy cost pass-through to customers | —% |
| Currency | 7% |
| Total Europe Sales Change | 9% |
| Nine Months Ended | | | | | |
| 30 June | Change vs. Prior Year | | | | |
| 2026 | 2025 | | $% | | |
| Sales | $94.3 | | $103.9 | | ($9.6) | (9%) |
| Operating income | 18.4 | | 4.6 | | 13.8 | 300% |
| Equity affiliates' income | 264.8 | | 249.2 | | 15.6 | 6% |
| Nine Months Ended | | | | | |
| 30 June | Change vs. Prior Year | | | | |
| 2026 | 2025 | | $% | | |
| Sales | $357.2 | | $334.4 | | $22.8 | 7% |
| Operating loss | (266.5) | | (318.5) | | 52.0 | 16% |
| Equity affiliates' income | 2.0 | | 11.3 | | (9.3) | (82%) |
| Three Months Ended 30 June | | | | | | | | | |
| Q3 2026 vs. Q3 2025 | Operating Income/Loss | Operating Margin | Equity Affiliates' Income | Other Non- Operating Inc/Exp, Net | Income Tax Expense/Benefit | Net Income/Loss Attributable to Air Products | Earnings/Loss per Share(A) | | | |
| Q3 2026 GAAP Measures | ($2,097.1) | | (66.3%) | $205.2 | | $3.6 | | ($515.4) | ($1,440.8) | ($6.47) |
| Q3 2025 GAAP Measures | 790.6 | | 26.2% | 167.6 | | (6.0) | | 159.6 | 721.8 | 3.24 |
| $ GAAP Change | ($2,887.7) | | | | | | | ($9.71) | | |
| %/bp GAAP Change | (365%) | (9,250 | bp) | | | | | (300%) | | |
| Q3 2026 GAAP Measures | ($2,097.1) | | (66.3%) | $205.2 | | $3.6 | | ($515.4) | ($1,440.8) | ($6.47) |
| Business and asset actions | 2,907.4 | | 92.0% | — | | — | | 695.4 | 2,212.0 | 9.92 |
First 8 of 20 rows. The CSV has all of them.
| Nine Months Ended 30 June | | | | | | | | | |
| 2026 vs. 2025 | Operating Income/Loss | Operating Margin | Equity Affiliates' Income | Other Non- Operating Inc/Exp, Net | Income Tax Expense/Benefit | Net Income/Loss Attributable to Air Products | Earnings/Loss per Share(A) | | | |
| 2026 GAAP Measures | ($609.9) | | (6.5)% | $556.8 | | $3.1 | | ($197.3) | ($52.2) | ($0.23) |
| 2025 GAAP Measures | (893.8) | | (10.1)% | 463.7 | | 14.3 | | (205.5) | (391.4) | (1.76) |
| $ GAAP Change | $283.9 | | | | | | | $1.53 | | |
| %/bp GAAP Change | 32% | 360 | bp | | | | | 87% | | |
| 2026 GAAP Measures | ($609.9) | | (6.5)% | $556.8 | | $3.1 | | ($197.3) | ($52.2) | ($0.23) |
| Business and asset actions(B) | 2,929.4 | | 31.0% | — | | 6.3 | | 698.5 | 2,236.6 | 10.03 |
First 8 of 22 rows. The CSV has all of them.
Table 79 after “The table below presents a reconciliation of the GAAP effective tax rate to our adjusted effective tax rate:”
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| Three Months Ended 30 June | Nine Months Ended 30 June | | | | |
| 2026 | 2025 | 2026 | 2025 | | |
| Income tax expense (benefit) | ($515.4) | | $159.6 | | ($197.3) | ($205.5) |
| Income (Loss) from continuing operations before taxes | (1,937.7) | | 890.8 | | (203.4) | (562.0) |
| Effective tax rate | 26.6% | | 17.9% | | 97.0% | 36.6% |
| Reconciliations of GAAP to Non-GAAP: | | | | | | |
| Income tax expense (benefit) | ($515.4) | | $159.6 | | ($197.3) | ($205.5) |
| Business and asset actions tax impact | 695.4 | | 8.7 | | 698.5 | 649.3 |
First 8 of 26 rows. The CSV has all of them.
Table 80 after “The most directly comparable GAAP measure to our non‑GAAP capital expenditures is “Cash used for investing activities,” as reported on our c”
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| Nine Months Ended | | |
| 30 June | | |
| 2026 | 2025 | |
| Cash used for investing activities | $3,311.5 | | $5,681.0 |
| Proceeds from sale of assets and investments | 132.8 | | 185.4 |
| Purchases of short-term investments | — | | (117.6) |
| Proceeds from short-term investments | — | | 122.5 |
| Proceeds from other investing activities | 19.0 | | 112.7 |
First 8 of 10 rows. The CSV has all of them.
| Nine Months Ended | | |
| 30 June | | |
| 2026 | 2025 | |
| Net loss from continuing operations attributable to Air Products | ($52.2) | | ($391.4) |
| Adjustments to reconcile net loss to cash provided by operating activities: | | | |
| Depreciation and amortization | 1,131.1 | | 1,151.4 |
| Deferred income taxes | (511.7) | | (497.2) |
| Tax reform repatriation | — | | (34.9) |
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Table 82 after “Cash Flows From Investing Activities”
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| Nine Months Ended | | |
| 30 June | | |
| 2026 | 2025 | |
| Additions to plant and equipment, including long-term deposits | ($3,354.5) | | ($5,504.9) |
| Acquisitions, less cash acquired | — | | (59.9) |
| Investments in and advances to unconsolidated affiliates | (108.8) | | (365.4) |
| Investments in financing receivables | — | | (53.8) |
| Proceeds from sale of assets and investments | 132.8 | | 185.4 |
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Table 83 after “for a definition of this non-GAAP financial measure as well as a reconciliation to cash used for investing activities.”
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| Nine Months Ended | | |
| 30 June | | |
| 2026 | 2025 | |
| Additions to plant and equipment, including long-term deposits | $3,354.5 | | $5,504.9 |
| Acquisitions, less cash acquired | — | | 59.9 |
| Investments in and advances to unconsolidated affiliates | 108.8 | | 365.4 |
| Investments in financing receivables | — | | 53.8 |
| NGHC expenditures not funded by Air Products' equity(A) | (817.1) | | (1,981.2) |
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Table 84 after “Cash Flows From Financing Activities”
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| Nine Months Ended | | |
| 30 June | | |
| 2026 | 2025 | |
| Long-term debt proceeds | $644.0 | | $3,978.2 |
| Payments on long-term debt | (662.8) | | (380.1) |
| Net increase in commercial paper and short-term borrowings | 77.0 | | 214.7 |
| Dividends paid to shareholders | (1,200.0) | | (1,185.7) |
| Investments by noncontrolling interests | 301.5 | | 485.9 |
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Table 85 after “Dividends are paid quarterly, typically during the sixth week following the close of the fiscal quarter. During the first nine months of fis”
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| Declaration Date | Dividend Per Share | Record Date | Date Payable |
| 23 April 2026 | $1.81 | 1 July 2026 | 10 August 2026 |
| 22 July 2026 | $1.81 | 1 October 2026 | 9 November 2026 |
Table 86 after “The table below summarizes the components of net periodic cost for our U.S. and international defined benefit pension plans:”
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| Three Months Ended | | Nine Months Ended | | | | |
| 30 June | | 30 June | | | | |
| 2026 | 2025 | | 2026 | 2025 | | |
| Service cost | $4.7 | | $5.3 | | | $14.1 | $15.5 |
| Non-service cost | 3.2 | | 10.9 | | | 11.2 | 32.1 |
| Other | 0.3 | | 0.1 | | | 0.9 | 0.2 |
| Net Periodic Cost | $8.2 | | $16.3 | | | $26.2 | $47.8 |
Table 87 after “(a) Exhibits required by Item 601 of Regulation S-K”
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| Exhibit No. | Description |
| (31) | Rule 13a-14(a)/15d-14(a) Certifications |
| 31.1 | Certification by the Principal Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 31.2 | Certification by the Principal Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| (32) | Section 1350 Certifications |
| 32.1 | Certification by the Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. †† |
| (101) | Interactive Data Files |
| 101.INS | Inline XBRL Instance Document. The XBRL Instance Document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. |
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