Growth Metrics

Air Products & Chemicals (APD) Gross Margin (2016 - 2026)

Air Products & Chemicals (APD) has disclosed Gross Margin for 18 consecutive years, with 31.13% as the latest value for Q1 2026.

  • For Q1 2026, Gross Margin rose 156.0% year-over-year to 31.13%; the TTM value through Mar 2026 reached 31.98%, up 4.0%, while the annual FY2025 figure was 31.41%, 108.0% down from the prior year.
  • Gross Margin hit 31.13% in Q1 2026 for Air Products & Chemicals, down from 32.07% in the prior quarter.
  • Across five years, Gross Margin topped out at 33.98% in Q3 2024 and bottomed at 26.56% in Q2 2022.
  • Average Gross Margin over 5 years is 30.49%, with a median of 31.13% recorded in 2026.
  • Year-over-year, Gross Margin crashed -426bps in 2022 and then surged 518bps in 2023.
  • Air Products & Chemicals' Gross Margin stood at 28.42% in 2022, then increased by 9bps to 31.03% in 2023, then grew by 1bps to 31.21% in 2024, then grew by 3bps to 32.07% in 2025, then dropped by -3bps to 31.13% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 31.13%, 32.07%, and 32.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.