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
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%