Air Products & Chemicals (APD) Return on Capital Employed (2009 - 2026)
Air Products & Chemicals (APD) posted Return on Capital Employed of 1.63% for Q2 2026, down 126.88% sequentially from 6.05% in Q1 2026, and down 594.0% YoY from 0.33% in Q2 2025.
Air Products & Chemicals (APD) Return on Capital Employed (2009 - 2026) Analysis & Trends
Air Products & Chemicals has reported Return on Capital Employed for 18 years, with the latest figure at 1.63% in Q2 2026.
- Quarterly Return on Capital Employed fell 594.0% year-over-year to 1.63% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.63% (down 594.0% YoY) and the FY2025 annual result came in at 2.43%, down 1656.0% from the prior year.
- Return on Capital Employed eased to 1.63% in Q2 2026 per APD's latest filing, from 6.05% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 13.1% in Q3 2024 and troughed at 2.36% in Q3 2025.
- A 5-year average of 7.02% and a median of 8.87% in 2023 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2024 and 2025: Return on Capital Employed surged 432 bps in 2024, then slumped 1546 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 10.09% in 2022, then decreased by 17 bps to 8.38% in 2023, then jumped by 52 bps to 12.7% in 2024, then plunged by 116 bps to 2.09% in 2025, then rose by 22 bps to 1.63% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 1.63%, 6.05%, and 2.09% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 13.17% |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 23.44% |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 14.02% |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | -1.63% |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 13.38% |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | 16.08% |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 3.55% |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 3.64% |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 8.49% |
| 10 | Albemarle | 15.88 Bn | 14.25 Bn | 590.30 Mn | 10.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.63% |
| 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% |