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

Air Products & Chemicals (APD) has 18 years of Operating Margin data on file, last reported at 23.73% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin rose 10356.0% year-over-year to 23.73%; the trailing twelve-month figure through Mar 2026 stood at 18.41% (up 612.0% YoY), and the FY2025 full-year result was 7.29%, down 4419.0% from the prior year.
• Operating Margin held at 23.73% in Q1 2026, from 23.67% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 76.06% in Q3 2024 to a low of 79.83% in Q1 2025.
• A 5-year average of 17.44% and a median of 21.75% in 2024 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin tumbled 10158 bps in 2025 and surged 10356 bps in 2026, its largest moves.
• Tracing APD's Operating Margin over 5 years: stood at 20.54% in 2022, then climbed by 8 bps to 22.25% in 2023, then decreased by 1 bps to 21.95% in 2024, then advanced by 8 bps to 23.67% in 2025, then increased by 0 bps to 23.73% in 2026.
• Business Quant data shows APD's Operating Margin at 23.73% in Q1 2026, 23.67% in Q4 2025, and 0.53% in Q3 2025.