Earnings (Loss) Per Share

6 Months Ended

Mar. 31, 2025

EARNINGS (LOSS) PER SHARE

The table below details the computation of basic and diluted earnings (loss) per share:


	Three Months Ended		Six Months Ended
	31 March		31 March
	2025	2024	2025	2024
Numerator


Net income (loss) attributable to Air Products	($1,730.6)	$572.4	($1,113.2)	$1,181.7
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	—	0.2	—	0.3
Weighted average common shares — Diluted	222.8	222.7	222.7	222.8
Per Share Data (U.S. Dollars per share)


Basic earnings (loss) per share attributable to Air Products	($7.77)	$2.57	($5.00)	$5.31



Diluted earnings (loss) per share attributable to Air Products	($7.77)	$2.57	($5.00)	$5.30

Due to the net loss reported for the three and six months ended 31 March 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. For the three and six months ended 2024, there were 0.1 antidilutive outstanding share-based awards that were excluded from the computation of diluted earnings (loss) per share.