Air Products & Chemicals (APD) Operating Expenses (2009 - 2026)

Air Products & Chemicals (APD) reported Operating Expenses of $248.8 million for Q1 2026, down 92.16% on a YoY basis from $3.2 billion in Q1 2025, and down 8.23% sequentially from $271.1 million in Q4 2025.

Air Products & Chemicals (APD) Operating Expenses (2009 - 2026) Analysis & Trends

Air Products & Chemicals (APD) has 18 years of Operating Expenses data on file, last reported at $248.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 92.16% year-over-year to $248.8 million; the trailing twelve-month figure through Mar 2026 stood at $1.8 billion (down 53.61% YoY), and the FY2025 full-year result was $4.7 billion, up 331.92% from the prior year.
  • Operating Expenses slipped to $248.8 million in Q1 2026, from $271.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.2 billion in Q1 2025 to a low of $241.7 million in Q2 2022.
  • A 5-year average of $499.8 million and a median of $264.4 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 882.29% in 2025 and sank 92.16% in 2026, its largest moves.
  • Tracing APD's Operating Expenses over 5 years: stood at $258.8 million in 2022, then advanced by 2.05% to $264.1 million in 2023, then rose by 0.11% to $264.4 million in 2024, then gained by 2.53% to $271.1 million in 2025, then fell by 8.23% to $248.8 million in 2026.
  • Business Quant data shows APD's Operating Expenses at $248.8 million in Q1 2026, $271.1 million in Q4 2025, and $1.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Linde 237.95 Bn 233.99 Bn 4.26 Bn 931.00 Mn
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 1.97 Bn
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn 1.08 Bn
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 248.80 Mn
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn 998.00 Mn
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn 6.96 Bn
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn -48.90 Mn
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 599.00 Mn
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 302.00 Mn
10 Rpm International 13.63 Bn 13.32 Bn 950.03 Mn 644.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 248.80 Mn
Dec 31, 2025 271.10 Mn
Sep 30, 2025 1.04 Bn
Jun 30, 2025 270.80 Mn
Mar 31, 2025 3.17 Bn
Dec 31, 2024 264.40 Mn
Sep 30, 2024 250.10 Mn
Jun 30, 2024 262.40 Mn
Mar 31, 2024 323.00 Mn
Dec 31, 2023 264.10 Mn
Sep 30, 2023 257.40 Mn
Jun 30, 2023 327.00 Mn
Mar 31, 2023 464.00 Mn
Dec 31, 2022 258.80 Mn
Sep 30, 2022 328.70 Mn
Jun 30, 2022 241.70 Mn
Mar 31, 2022 250.70 Mn
Dec 31, 2021 256.10 Mn
Sep 30, 2021 227.80 Mn
Jun 30, 2021 236.50 Mn