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| Date | Value |
|---|---|
| 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% |