Air Products & Chemicals (APD) FCF Payout Ratio (2009 - 2026)

Air Products & Chemicals' (APD) quarterly FCF Payout Ratio came in at 0.36 in Q1 2026, up 436.18% year-on-year from 0.07 in Q1 2025, and down 18.35% quarter-over-quarter from 0.44 in Q4 2025.

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

Air Products & Chemicals has disclosed FCF Payout Ratio across 18 years of filings, most recently posting 0.36 for Q1 2026.

  • FCF Payout Ratio for Q1 2026 came in at 0.36, up 436.18% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.44 (up 753.4% YoY), and the FY2025 annual result was 0.42, up 15.33% from the prior year.
  • FCF Payout Ratio came in at 0.36 for Q1 2026 at Air Products & Chemicals, down from 0.44 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 1.77 in Q2 2022 to a low of 3.13 in Q4 2022.
  • The 5-year median for FCF Payout Ratio is 0.07 (2024), against an average of 0.25.
  • Across the five-year window, FCF Payout Ratio slumped 2048.65% in 2025 and soared 436.18% in 2026, its largest moves.
  • Air Products & Chemicals' FCF Payout Ratio stood at 3.13 in 2022, then surged by 138.28% to 1.2 in 2023, then tumbled by 58.72% to 0.49 in 2024, then dropped by 10.5% to 0.44 in 2025, then dropped by 18.35% to 0.36 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.36 (Q1 2026), 0.44 (Q4 2025), and 1.55 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 0.83
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 246.38
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 0.25
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 0.36
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn -8.37
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 1.11
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 0.63
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn -0.42
10 Albemarle 18.85 Bn 18.02 Bn 500.97 Mn 0.15

Historic Data

Download Data
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.44
Sep 30, 2025 -1.55
Jun 30, 2025 -0.62
Mar 31, 2025 -0.11
Dec 31, 2024 0.49
Sep 30, 2024 -0.07
Jun 30, 2024 0.34
Mar 31, 2024 0.55
Dec 31, 2023 1.20
Sep 30, 2023 -0.84
Jun 30, 2023 -0.81
Mar 31, 2023 -0.98
Dec 31, 2022 -3.13
Sep 30, 2022 0.12
Jun 30, 2022 1.77
Mar 31, 2022 -1.33
Dec 31, 2021 2.74
Sep 30, 2021 0.12
Jun 30, 2021 1.08