Air Products and Chemicals, Inc.
As of Fiscal Year 2025 (ended September 30, 2025)
Key KPIs at a Glance
| Metric | Value |
|---|---|
| Total sales (FY2025) | $12.04 billion, down 1% year-over-year |
| GAAP net income/(loss) (FY2025) | Net loss of $394.5 million, versus net income of $3.83 billion in FY2024 (reflects ~$3.7 billion of business and asset action charges; see note above) |
| GAAP diluted EPS (FY2025) | Loss of $1.74 per share, versus $17.24 in FY2024 |
| Adjusted diluted EPS (FY2025, non-GAAP) | $12.03, down 3% year-over-year |
| Adjusted operating income (FY2025, non-GAAP) | $2.9 billion, down 3% year-over-year |
| Corporate and Other segment operating loss (FY2025) | $367.3 million operating loss (not shown in the operating-income pie) |
| Pre-tax business and asset action charges (FY2025) | approximately $3.7 billion, tied to project exits (including Jazan/clean hydrogen) and workforce reductions |
| Employees | approximately 21,300 (fiscal year-end 2025, per company investor presentation) |
Sources: Segment sales and segment operating income figures are from Air Products' fiscal 2025 full-year and fourth-quarter earnings release (reported November 6, 2025). Air Products swung to a GAAP net loss of $394.5 million in FY2025 (from GAAP net income of $3.83 billion in FY2024) mainly because of approximately $3.7 billion of pre-tax, non-cash and cash charges for "business and asset actions," including exits from the Jazan (Saudi Arabia) and other clean hydrogen/gasification projects and workforce reductions, not a decline in underlying operations; non-GAAP adjusted EPS was $12.03, down only 3% year-over-year. The Corporate and Other segment recorded an operating loss and is therefore shown only in the KPI table, not in the operating-income pie, consistent with the rule that a pie chart cannot show a negative slice. No single, specifically-sourced estimate of Air Products' share of the global industrial gas market was found, so no market-share widget is included.