Air Products and Chemicals Tax benefit increased by 58.3% to $3.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 57.8%, from $9.00M to $3.80M. Over 4 years (FY 2021 to FY 2025), Tax benefit shows an upward trend with a 13.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase in tax benefits generally follows periods of high option exercise activity.
The total income tax benefit realized by the company resulting from the exercise or vesting of share-based compensation...
Standard tax disclosure; highly correlated with the volume and value of employee equity exercises.
other_employee_service_share_based_compensation_tax_bene_20cafc| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.20M | $2.40M | $4.10M | $2.60M | $2.60M | $2.80M | $4.10M | $3.90M | $3.50M | $3.20M | $3.30M | $3.60M | $4.20M | $3.80M | $4.00M | $9.00M | $2.80M | $2.50M | $2.40M | $3.80M |
| QoQ Change | — | -25.0% | +70.8% | -36.6% | +0.0% | +7.7% | +46.4% | -4.9% | -10.3% | -8.6% | +3.1% | +9.1% | +16.7% | -9.5% | +5.3% | +125.0% | -68.9% | -10.7% | -4.0% | +58.3% |
| YoY Change | — | — | — | — | -18.8% | +16.7% | +0.0% | +50.0% | +34.6% | +14.3% | -19.5% | -7.7% | +20.0% | +18.8% | +21.2% | +150.0% | -33.3% | -34.2% | -40.0% | -57.8% |