Growth Metrics

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

Air Products & Chemicals recorded quarterly Net Margin of 22.85% in Q1 2026, up 2.54% quarter-over-quarter from 22.29% in Q4 2025, and up 8243.0% year-over-year from 0.27% in Q1 2025.

Air Products & Chemicals' Net Margin history runs 17 years deep, the most recent figure standing at 22.85% for Q1 2026.

  • In Q1 2026, Net Margin rose 8243.0% year-over-year to 22.85%; the TTM figure through Mar 2026 stood at 11.3% (up 2046.0% YoY), while the FY2025 annual figure was 0.07%, up 5.0% from the prior year.
  • Net Margin came in at 22.85% for Q1 2026 at Air Products & Chemicals, up from 22.29% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 22.85% in Q1 2026 to a low of 59.58% in Q1 2025.
  • A 5-year average of 9.39% and a median of 19.82% in 2024 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin plunged 7941 bps in 2025 and jumped 8243 bps in 2026, its largest moves.
  • Air Products & Chemicals' Net Margin stood at 18.39% in 2022, then gained by 13 bps to 20.74% in 2023, then gained by 7 bps to 22.17% in 2024, then gained by 1 bps to 22.29% in 2025, then rose by 3 bps to 22.85% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 22.85%, 22.29%, and 0.26% for Q1 2026, Q4 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Linde 230.79 Bn 226.84 Bn 4.26 Bn 3.95%
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn 25.06%
3 Sherwin Williams 72.51 Bn 72.30 Bn 2.78 Bn 9.44%
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 13.55%
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 22.85%
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn -
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn 1.71%
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn 28.46%
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 0.83%
10 International Flavors & Fragrances 19.02 Bn 18.49 Bn 1.02 Bn 6.20%

Historic Data

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DateValue
Mar 31, 2026 22.85%
Dec 31, 2025 22.29%
Jun 30, 2025 -0.26%
Mar 31, 2025 -59.58%
Dec 31, 2024 22.17%
Sep 30, 2024 -0.44%
Mar 31, 2024 19.82%
Dec 31, 2023 20.74%
Sep 30, 2023 21.53%
Jun 30, 2023 20.12%
Mar 31, 2023 14.06%
Dec 31, 2022 18.39%
Sep 30, 2022 0.35%
Sep 30, 2021 1.82%
Jun 30, 2021 0.31%
Dec 31, 2020 0.43%
Mar 31, 2020 -0.65%
Jun 30, 2018 1.91%
Dec 31, 2017 -0.05%
Sep 30, 2017 -0.25%
Jun 30, 2017 -0.11%
Mar 31, 2017 92.20%
Dec 31, 2016 2.56%
Sep 30, 2016 5.38%
Jun 30, 2016 5.04%
Mar 31, 2016 -42.32%
Dec 31, 2015 4.43%
Sep 30, 2015 -0.06%
Jun 30, 2015 -0.07%
Mar 31, 2015 -0.08%
Dec 31, 2014 -0.07%
Sep 30, 2014 -0.22%
Dec 31, 2013 0.12%
Jun 30, 2013 0.02%
Mar 31, 2013 0.04%
Dec 31, 2012 0.05%
Sep 30, 2012 0.06%
Jun 30, 2012 5.44%
Mar 31, 2012 0.73%
Dec 31, 2011 0.96%
Sep 30, 2011 0.82%
Jun 30, 2011 1.19%
Mar 31, 2011 0.77%
Dec 31, 2010 0.92%
Sep 30, 2010 8.10%
Jun 30, 2010 11.60%
Mar 31, 2010 11.49%
Sep 30, 2009 -6.58%
Jun 30, 2009 -6.88%
Mar 31, 2009 0.83%