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

Air Products & Chemicals (APD) has 18 years of Gross Margin data on file, last reported at 31.13% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 156.0% year-over-year to 31.13%; the trailing twelve-month figure through Mar 2026 stood at 31.98% (up 4.0% YoY), and the FY2025 full-year result was 31.41%, down 108.0% from the prior year.
• Gross Margin eased to 31.13% in Q1 2026, from 32.07% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 33.98% in Q3 2024 to a low of 26.56% in Q2 2022.
• A 5-year average of 30.49% and a median of 31.13% in 2026 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin tumbled 426 bps in 2022 and jumped 518 bps in 2023, its largest moves.
• Tracing APD's Gross Margin over 5 years: stood at 28.42% in 2022, then climbed by 9 bps to 31.03% in 2023, then advanced by 1 bps to 31.21% in 2024, then advanced by 3 bps to 32.07% in 2025, then declined by 3 bps to 31.13% in 2026.
• Business Quant data shows APD's Gross Margin at 31.13% in Q1 2026, 32.07% in Q4 2025, and 32.25% in Q3 2025.