• Earnings per Share (EPS) of $3.16, beating the estimated $3.04.
• Revenue reached approximately $3.1 billion, surpassing the estimated $3.05 billion.
• Maintaining full-year adjusted EPS guidance for fiscal 2026, projected to be between $12.85 and $13.15.

Air Products and Chemicals, Inc. (NYSE:APD) is a global leader in providing essential industrial gases and related equipment. The company serves a wide range of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products competes with other major players like Linde and Praxair in the industrial gas sector.

On January 30, 2026, Air Products reported impressive financial results for its fiscal first quarter. The company achieved an EPS of $3.16, surpassing the estimated $3.04. Revenue also exceeded expectations, reaching approximately $3.1 billion compared to the estimated $3.05 billion. This strong performance highlights the company's ability to navigate challenging market conditions.

The growth in profit and revenue was partly driven by higher prices due to increased energy costs. Despite these challenges, Air Products reported a GAAP EPS of $3.04, marking a 10% increase, and a GAAP operating income of $735 million, up 14% from the previous year. The adjusted EPS of $3.16 and adjusted operating income of $757 million, a 12% rise, further demonstrate the company's robust financial health.

Air Products is maintaining its full-year adjusted EPS guidance for fiscal 2026, projected to be between $12.85 and $13.15. For the second quarter, the adjusted EPS is expected to range from $2.95 to $3.10. The company also plans capital expenditures of approximately $4 billion for the fiscal year, indicating a commitment to growth and expansion.

Recent developments include advanced negotiations with Yara International for low-emission ammonia projects and a $140 million contract with NASA for liquid hydrogen supply. Additionally, Air Products increased its quarterly dividend to $1.81 per share, marking the 44th consecutive year of dividend increases. The company's strong liquidity, with a current ratio of 1.38, and strategic initiatives position it well for future growth.