Air products reports fiscal 2022 first quarter gaap eps# and adjusted eps* of $2.52

Lehigh valley, pa., feb. 4, 2022 /prnewswire/ -- q1 fy22 (comparisons versus prior year): gaap eps of $2.52, up 19 percent; gaap net income of $550 million, up 13 percent; and gaap net income margin of 18.4 percent, down 210 basis points adjusted eps* of $2.52, up 19 percent; adjusted ebitda* of $1,003 million, up eight percent; and adjusted ebitda margin* of 33.5 percent, down 570 basis points recent highlights increased quarterly dividend by eight percent to $1.62 per share—the 40th consecutive year of increases—which is expected to return more than $1.4 billion to shareholders in 2022 closed on phase i of the ~$12 billion air separation unit/gasification/power joint venture with aramco, acwa power and air products qudra in jazan economic city, saudi arabia in late october awarded thyssenkrupp nucera a contract to supply a more than two-gigawatt electrolysis plant for the neom carbon-free hydrogen project in saudi arabia continued to be recognized for sustainability and extend commitments: listed on the dow jones sustainability north america index for the 12th consecutive year; received best carbon management project award from chemical week for net-zero hydrogen energy complex in edmonton, alberta, canada; set increased goal to achieve 30 percent minority representation in professional and managerial roles in the u.s. by 2025 guidance maintaining fiscal 2022 full-year adjusted eps guidance* of $10.20 to $10.40, up 13 to 15 percent over prior year adjusted eps*; fiscal 2022 second quarter adjusted eps guidance* of $2.30 to $2.40, up 11 to 15 percent over prior year second quarter adjusted eps* expect fiscal year 2022 capital expenditures* of $4.5 to $5.0 billion # earnings per share is calculated and presented on a diluted basis from continuing operations attributable to air products.
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