Air Products & Chemicals (APD) FCF Margin (2009 - 2026)
Air Products & Chemicals' (APD) quarterly FCF Margin came in at 34.8% in Q1 2026, up 16050.0% year-on-year from N/an in Q1 2025, and up 19.86% quarter-over-quarter from 29.03% in Q4 2025.
Air Products & Chemicals (APD) FCF Margin (2009 - 2026) Analysis & Trends
Air Products & Chemicals has disclosed FCF Margin across 18 years of filings, most recently posting 34.8% for Q1 2026.
- FCF Margin for Q1 2026 came in at 34.8%, up 16050.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.89% (up 6838.0% YoY), and the FY2025 annual result was 31.28%, down 525.0% from the prior year.
- FCF Margin came in at 34.8% for Q1 2026 at Air Products & Chemicals, up from 29.03% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 86.74% in Q3 2022 to a low of 170.78% in Q3 2024.
- The 5-year median for FCF Margin is 3.62% (2022), against an average of 7.16%.
- Across the five-year window, FCF Margin tumbled 15634 bps in 2024 and soared 16268 bps in 2025, its largest moves.
- Air Products & Chemicals' FCF Margin stood at 3.62% in 2022, then jumped by 399 bps to 10.84% in 2023, then soared by 151 bps to 27.17% in 2024, then advanced by 7 bps to 29.03% in 2025, then grew by 20 bps to 34.8% in 2026.
- The last three FCF Margin figures came in at 34.8% (Q1 2026), 29.03% (Q4 2025), and 8.1% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 10.23% |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | - |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 0.01% |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 18.06% |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 34.80% |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | -0.48% |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 3.36% |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 7.73% |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | -7.48% |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | 17.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.80% |
| Dec 31, 2025 | 29.03% |
| Sep 30, 2025 | -8.10% |
| Jun 30, 2025 | -21.17% |
| Mar 31, 2025 | -125.70% |
| Dec 31, 2024 | 27.17% |
| Sep 30, 2024 | -170.78% |
| Jun 30, 2024 | 38.90% |
| Mar 31, 2024 | 23.95% |
| Dec 31, 2023 | 10.84% |
| Sep 30, 2023 | -14.43% |
| Jun 30, 2023 | -15.72% |
| Mar 31, 2023 | -11.51% |
| Dec 31, 2022 | -3.62% |
| Sep 30, 2022 | 86.74% |
| Jun 30, 2022 | 6.36% |
| Mar 31, 2022 | -8.49% |
| Dec 31, 2021 | 4.05% |
| Sep 30, 2021 | 94.12% |
| Jun 30, 2021 | 11.85% |