Growth Metrics

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

Air Products & Chemicals recorded quarterly FCF Margin of 34.8% in Q1 2026, up 19.86% quarter-over-quarter from 29.03% in Q4 2025, and up 16050.0% year-over-year from N/an in Q1 2025.

Air Products & Chemicals' FCF Margin history runs 18 years deep, the most recent figure standing at 34.8% for Q1 2026.

  • In Q1 2026, FCF Margin rose 16050.0% year-over-year to 34.8%; the TTM figure through Mar 2026 stood at 8.89% (up 6838.0% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 7.16% and a median of 3.62% in 2022 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin slumped 15634 bps in 2024 and jumped 16268 bps in 2025, its largest moves.
  • Air Products & Chemicals' FCF Margin stood at 3.62% in 2022, then surged by 399 bps to 10.84% in 2023, then jumped by 151 bps to 27.17% in 2024, then climbed by 7 bps to 29.03% in 2025, then increased by 20 bps to 34.8% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 34.8%, 29.03%, and 8.1% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Linde 230.79 Bn 226.84 Bn 4.26 Bn 10.23%
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -
3 Sherwin Williams 72.51 Bn 72.30 Bn 2.78 Bn 0.01%
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 18.06%
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 34.80%
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn -0.48%
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn -7.48%
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn 17.33%
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 7.73%
10 International Flavors & Fragrances 19.02 Bn 18.49 Bn 1.02 Bn 3.36%

Historic Data

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DateValue
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%
Mar 31, 2021 9.67%
Dec 31, 2020 4.65%
Sep 30, 2020 33.95%
Jun 30, 2020 -16.46%
Mar 31, 2020 4.00%
Dec 31, 2019 9.73%
Sep 30, 2019 21.22%
Jun 30, 2019 7.80%
Mar 31, 2019 3.22%
Dec 31, 2018 11.32%
Sep 30, 2018 12.21%
Jun 30, 2018 7.29%
Mar 31, 2018 10.67%
Dec 31, 2017 13.69%
Sep 30, 2017 30.96%
Jun 30, 2017 22.51%
Mar 31, 2017 -0.31%
Dec 31, 2016 17.80%
Sep 30, 2016 27.23%
Jun 30, 2016 21.07%
Mar 31, 2016 15.15%
Dec 31, 2015 7.97%
Sep 30, 2015 6.48%
Jun 30, 2015 14.87%
Mar 31, 2015 13.19%
Dec 31, 2014 1.57%
Sep 30, 2014 18.99%
Jun 30, 2014 3.67%
Mar 31, 2014 2.61%
Dec 31, 2013 6.09%
Dec 31, 2012 -3.07%
Sep 30, 2012 6.37%
Jun 30, 2012 3.50%
Mar 31, 2012 -3.66%
Dec 31, 2011 3.53%
Sep 30, 2011 9.48%
Jun 30, 2011 6.02%
Mar 31, 2011 -0.62%
Dec 31, 2010 1.30%
Sep 30, 2010 9.37%
Jun 30, 2010 11.11%
Mar 31, 2010 5.37%
Dec 31, 2009 -4.37%
Sep 30, 2009 8.67%
Jun 30, 2009 6.18%
Mar 31, 2009 -3.27%