Air Products (APD) Tops Q4 EPS by 1c

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Air Products Reports Fiscal 2021 Fourth Quarter GAAP EPS# and Adjusted EPS* of $2.51

November 4, 2021 6:00 AM EDT

LEHIGH VALLEY, Pa., Nov. 4, 2021 /PRNewswire/ --

Fiscal 2021 (comparisons versus prior year):

GAAP EPS of $9.12, up seven percent; GAAP net income of $2,115 million, up 10 percent; and GAAP net income margin of 20.5 percent, down 130 basis points. Adjusted EPS* of $9.02, up eight percent; adjusted EBITDA* of $3,883 million, up seven percent; and adjusted EBITDA margin* of 37.6 percent, down 330 basis points.

Q4 FY21 (comparisons versus prior year):

GAAP EPS of $2.51, up 15 percent; GAAP net income of $619 million, up 25 percent; and GAAP net income margin of 21.8 percent, up 50 basis points.... More