Air Products & Chemicals (APD) Net Margin (2009 - 2026)
Air Products & Chemicals (APD) reported Net Margin of 22.85% for Q1 2026, up 8243.0% on a YoY basis from 0.27% in Q1 2025, and up 2.54% sequentially from 22.29% in Q4 2025.
Air Products & Chemicals (APD) Net Margin (2009 - 2026) Analysis & Trends
Air Products & Chemicals (APD) has 17 years of Net Margin data on file, last reported at 22.85% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 8243.0% year-over-year to 22.85%; the trailing twelve-month figure through Mar 2026 stood at 11.3% (up 2046.0% YoY), and the FY2025 full-year result was 0.07%, up 5.0% from the prior year.
- Net Margin rose to 22.85% in Q1 2026, 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 tumbled 7941 bps in 2025 and soared 8243 bps in 2026, its largest moves.
- Tracing APD's Net Margin over 5 years: stood at 18.39% in 2022, then increased by 13 bps to 20.74% in 2023, then increased by 7 bps to 22.17% in 2024, then increased by 1 bps to 22.29% in 2025, then grew by 3 bps to 22.85% in 2026.
- Business Quant data shows APD's Net Margin at 22.85% in Q1 2026, 22.29% in Q4 2025, and 0.26% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 21.18% |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 9.44% |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 24.04% |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 22.85% |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | - |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 1.71% |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | 22.89% |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 6.20% |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 0.83% |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 9.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |