Air Products & Chemicals (APD) Operating Income (2009 - 2026)
Air Products & Chemicals' (APD) quarterly Operating Income came in at $752.7 million in Q1 2026, up 132.33% year-on-year from $324.0 million in Q1 2025, and up 2.48% quarter-over-quarter from $734.5 million in Q4 2025.
Air Products & Chemicals (APD) Operating Income (2009 - 2026) Analysis & Trends
Air Products & Chemicals has disclosed Operating Income across 18 years of filings, most recently posting $752.7 million for Q1 2026.
- Operating Income for Q1 2026 came in at $752.7 million, up 132.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 55.29% YoY), and the FY2025 annual result was -$877.0 million, down 119.64% from the prior year.
- Operating Income came in at $752.7 million for Q1 2026 at Air Products & Chemicals, up from $734.5 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $2.4 billion in Q3 2024 to a low of -$2.3 billion in Q1 2025.
- The 5-year median for Operating Income is $644.2 million (2023), against an average of $552.2 million.
- Across the five-year window, Operating Income jumped 228.24% in 2024 and slumped 465.35% in 2025, its largest moves.
- Air Products & Chemicals' Operating Income stood at $652.0 million in 2022, then climbed by 2.29% to $666.9 million in 2023, then decreased by 3.49% to $643.6 million in 2024, then rose by 14.12% to $734.5 million in 2025, then advanced by 2.48% to $752.7 million in 2026.
- The last three Operating Income figures came in at $752.7 million (Q1 2026), $734.5 million (Q4 2025), and $16.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 2.44 Bn |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 827.50 Mn |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 810.90 Mn |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 712.00 Mn |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 752.70 Mn |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 552.00 Mn |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 273.00 Mn |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 300.00 Mn |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 239.00 Mn |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | 500.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 752.70 Mn |
| Dec 31, 2025 | 734.50 Mn |
| Sep 30, 2025 | 16.80 Mn |
| Jun 30, 2025 | 790.60 Mn |
| Mar 31, 2025 | -2.33 Bn |
| Dec 31, 2024 | 643.60 Mn |
| Sep 30, 2024 | 2.42 Bn |
| Jun 30, 2024 | 737.60 Mn |
| Mar 31, 2024 | 637.20 Mn |
| Dec 31, 2023 | 666.90 Mn |
| Sep 30, 2023 | 738.60 Mn |
| Jun 30, 2023 | 644.20 Mn |
| Mar 31, 2023 | 459.80 Mn |
| Dec 31, 2022 | 652.00 Mn |
| Sep 30, 2022 | 626.50 Mn |
| Jun 30, 2022 | 627.40 Mn |
| Mar 31, 2022 | 561.90 Mn |
| Dec 31, 2021 | 523.00 Mn |
| Sep 30, 2021 | 616.70 Mn |
| Jun 30, 2021 | 577.10 Mn |