Air Products & Chemicals (APD) FCF Margin (2009 - 2026)

Air Products & Chemicals (APD) reported FCF Margin of 34.8% for Q1 2026, up 8841.0% on a YoY basis from 0.39% in Q1 2025, and up 19.86% sequentially from 29.03% in Q4 2025.

Air Products & Chemicals (APD) FCF Margin (2009 - 2026) Analysis & Trends

Air Products & Chemicals (APD) has 18 years of FCF Margin data on file, last reported at 34.8% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 8841.0% year-over-year to 34.8%; the trailing twelve-month figure through Mar 2026 stood at 8.89% (up 6838.0% YoY), and the FY2025 full-year result was 31.28%, down 525.0% from the prior year.
  • FCF Margin advanced to 34.8% in Q1 2026, from 29.03% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 159.17% in Q2 2025 to a low of 180.23% in Q3 2025.
  • A 5-year average of 1.35% and a median of 22.66% in 2022 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin slumped 20218 bps in 2024 and soared 12026 bps in 2025, its largest moves.
  • Tracing APD's FCF Margin over 5 years: stood at 22.66% in 2022, then sank by 221 bps to 27.32% in 2023, then slumped by 63 bps to 44.55% in 2024, then surged by 165 bps to 29.03% in 2025, then climbed by 20 bps to 34.8% in 2026.
  • Business Quant data shows APD's FCF Margin at 34.8% in Q1 2026, 29.03% in Q4 2025, and 180.23% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Linde 237.95 Bn 233.99 Bn 4.26 Bn 10.23%
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 0.01%
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn 18.06%
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 34.80%
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn -0.48%
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn -7.48%
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn -
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 5.84%
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 7.73%
10 Rpm International 13.63 Bn 13.32 Bn 950.03 Mn 16.49%

Historic Data

Download Data
DateValue
Mar 31, 2026 34.80%
Dec 31, 2025 29.03%
Sep 30, 2025 -180.23%
Jun 30, 2025 159.17%
Mar 31, 2025 -53.61%
Dec 31, 2024 -44.55%
Sep 30, 2024 -170.78%
Jun 30, 2024 38.90%
Mar 31, 2024 23.95%
Dec 31, 2023 -27.32%
Sep 30, 2023 31.40%
Jun 30, 2023 66.63%
Mar 31, 2023 -37.57%
Dec 31, 2022 22.66%
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%