Air Products & Chemicals (APD) Operating Income (2009 - 2026)
Air Products & Chemicals (APD) reported Operating Income of $752.7 million for Q1 2026, up 132.33% on a YoY basis from $324.0 million in Q1 2025, and up 2.48% sequentially from $734.5 million in Q4 2025.
Air Products & Chemicals (APD) Operating Income (2009 - 2026) Analysis & Trends
Air Products & Chemicals (APD) has 18 years of Operating Income data on file, last reported at $752.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 132.33% year-over-year to $752.7 million; the trailing twelve-month figure through Mar 2026 stood at $2.3 billion (up 55.29% YoY), and the FY2025 full-year result was -$877.0 million, down 119.64% from the prior year.
- Operating Income improved to $752.7 million in Q1 2026, 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.
- A 5-year average of $552.2 million and a median of $644.2 million in 2023 frame the typical range for Operating Income.
- Across the five-year window, Operating Income jumped 228.24% in 2024 and plunged 465.35% in 2025, its largest moves.
- Tracing APD's Operating Income over 5 years: stood at $652.0 million in 2022, then advanced by 2.29% to $666.9 million in 2023, then retreated by 3.49% to $643.6 million in 2024, then increased by 14.12% to $734.5 million in 2025, then gained by 2.48% to $752.7 million in 2026.
- Business Quant data shows APD's Operating Income at $752.7 million in Q1 2026, $734.5 million in Q4 2025, and $16.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 2.44 Bn |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 810.90 Mn |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 712.00 Mn |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 752.70 Mn |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 657.00 Mn |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 239.00 Mn |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | 827.50 Mn |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 273.00 Mn |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 300.00 Mn |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 305.36 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 |