Air Products & Chemicals, Inc.
For the period ended Jun 30, 2025. Filed Jul 31, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 31, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Earnings (Loss) per Share
- EARNINGS (LOSS) PER SHARE
The table below details the computation of basic and diluted earnings (loss) per share:
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| 30 June | 30 June | |||
| 2025 | 2024 | 2025 | 2024 | |
| Numerator | ||||
| Net income (loss) from continuing operations | $721.8 | $696.6 | ($391.4) | $1,878.3 |
| Net income from discontinued operations | (8.0) | — | (8.0) | — |
| Net income (loss) attributable to Air Products | $713.8 | $696.6 | ($399.4) | $1,878.3 |
| Denominator (in millions) | ||||
| Weighted average common shares — Basic | 222.8 | 222.5 | 222.7 | 222.5 |
| Effect of dilutive securities: | ||||
| Employee stock option and other award plans | 0.1 | 0.3 | — | 0.3 |
| Weighted average common shares — Diluted | 222.9 | 222.8 | 222.7 | 222.8 |
| Per Share Data(A) (U.S. Dollars per share) | ||||
| Basic EPS from continuing operations | $3.24 | $3.13 | ($1.76) | $8.44 |
| Basic EPS from discontinued operations | (0.04) | — | (0.04) | — |
| Basic earnings (loss) per share attributable to Air Products | $3.20 | $3.13 | ($1.79) | $8.44 |
| Diluted EPS from continuing operations | $3.24 | $3.13 | ($1.76) | $8.43 |
| Diluted EPS from discontinued operations | (0.04) | — | (0.04) | — |
| Diluted earnings (loss) per share attributable to Air Products | $3.20 | $3.13 | ($1.79) | $8.43 |
(A)Earnings (loss) per share is calculated independently for each component and may not sum to total earnings (loss) per share due to rounding.
The table below summarizes antidilutive outstanding share-based awards that were excluded from the computation of diluted earnings (loss) per share:
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| 30 June | 30 June | |||
| 2025 | 2024 | 2025 | 2024 | |
| Antidilutive outstanding share-based awards(A) | 0.1 | — | 0.2 | 0.1 |
(A)Due to the net loss reported for the nine months ended 30 June 2025, outstanding share-based awards were excluded from the computation of diluted loss per share. These shares would have had an antidilutive impact, thus diluting the loss per share.
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