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| 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% |