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

Air Products & Chemicals' (APD) quarterly Net Margin came in at 22.85% in Q1 2026, up 8243.0% year-on-year from 0.27% in Q1 2025, and up 2.54% quarter-over-quarter from 22.29% in Q4 2025.

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

Air Products & Chemicals has disclosed Net Margin across 17 years of filings, most recently posting 22.85% for Q1 2026.

  • Net Margin for Q1 2026 came in at 22.85%, up 8243.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.3% (up 2046.0% YoY), and the FY2025 annual result 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.
  • The 5-year median for Net Margin is 19.82% (2024), against an average of 9.39%.
  • Across the five-year window, Net Margin sank 7941 bps in 2025 and soared 8243 bps in 2026, its largest moves.
  • Air Products & Chemicals' Net Margin stood at 18.39% in 2022, then rose by 13 bps to 20.74% in 2023, then rose by 7 bps to 22.17% in 2024, then rose by 1 bps to 22.29% in 2025, then increased by 3 bps to 22.85% in 2026.
  • The last three Net Margin figures came in at 22.85% (Q1 2026), 22.29% (Q4 2025), and 0.26% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 3.95%
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -79.17%
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 9.44%
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 13.55%
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 22.85%
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn -
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 6.20%
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 0.83%
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 1.71%
10 Albemarle 18.85 Bn 18.02 Bn 500.97 Mn 28.46%

Historic Data

Download Data
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%