Air Products & Chemicals (APD) Return on Capital Employed (2009 - 2026)

Air Products & Chemicals' (APD) quarterly Return on Capital Employed came in at 6.05% in Q1 2026, up 173.0% year-on-year from 2.22% in Q1 2025, and up 389.76% quarter-over-quarter from 2.09% in Q4 2025.

Air Products & Chemicals (APD) Return on Capital Employed (2009 - 2026) Analysis & Trends

Air Products & Chemicals has disclosed Return on Capital Employed across 18 years of filings, most recently posting 6.05% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 6.05%, up 173.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.05% (up 173.0% YoY), and the FY2025 annual result was 2.43%, down 1656.0% from the prior year.
  • Return on Capital Employed came in at 6.05% for Q1 2026 at Air Products & Chemicals, up from 2.09% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 13.1% in Q3 2024 to a low of 2.36% in Q3 2025.
  • The 5-year median for Return on Capital Employed is 9.05% (2023), against an average of 7.53%.
  • Across the five-year window, Return on Capital Employed soared 432 bps in 2024 and slumped 1546 bps in 2025, its largest moves.
  • Air Products & Chemicals' Return on Capital Employed stood at 10.09% in 2022, then fell by 17 bps to 8.38% in 2023, then surged by 52 bps to 12.7% in 2024, then plunged by 116 bps to 2.09% in 2025, then soared by 390 bps to 6.05% in 2026.
  • The last three Return on Capital Employed figures came in at 6.05% (Q1 2026), 2.09% (Q4 2025), and 2.36% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 12.89%
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn 16.08%
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 20.78%
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 14.59%
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 6.05%
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 13.59%
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 3.66%
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 7.03%
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn -1.10%
10 Albemarle 18.85 Bn 18.02 Bn 500.97 Mn 6.09%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.05%
Dec 31, 2025 -2.09%
Sep 30, 2025 -2.36%
Jun 30, 2025 4.31%
Mar 31, 2025 4.32%
Dec 31, 2024 12.70%
Sep 30, 2024 13.10%
Jun 30, 2024 8.70%
Mar 31, 2024 8.68%
Dec 31, 2023 8.38%
Sep 30, 2023 9.05%
Jun 30, 2023 9.08%
Mar 31, 2023 9.08%
Dec 31, 2022 10.09%
Sep 30, 2022 9.80%
Jun 30, 2022 9.68%
Mar 31, 2022 9.46%
Dec 31, 2021 9.30%
Sep 30, 2021 9.60%
Jun 30, 2021 9.46%