Growth Metrics

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

Air Products & Chemicals recorded quarterly Return on Capital Employed of 6.05% in Q1 2026, up 389.76% quarter-over-quarter from 2.09% in Q4 2025, and up 173.0% year-over-year from 2.22% in Q1 2025.

Air Products & Chemicals' Return on Capital Employed history runs 18 years deep, the most recent figure standing at 6.05% for Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 173.0% year-over-year to 6.05%; the TTM figure through Mar 2026 stood at 6.05% (up 173.0% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 7.53% and a median of 9.05% in 2023 frame the typical range for Return on Capital Employed.
  • Across the five-year window, Return on Capital Employed jumped 432 bps in 2024 and sank 1546 bps in 2025, its largest moves.
  • Air Products & Chemicals' Return on Capital Employed stood at 10.09% in 2022, then retreated by 17 bps to 8.38% in 2023, then soared by 52 bps to 12.7% in 2024, then tumbled by 116 bps to 2.09% in 2025, then jumped by 390 bps to 6.05% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 6.05%, 2.09%, and 2.36% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Linde 230.79 Bn 226.84 Bn 4.26 Bn 12.89%
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -
3 Sherwin Williams 72.51 Bn 72.30 Bn 2.78 Bn 20.78%
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 14.59%
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 6.05%
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn 13.59%
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn -1.10%
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn 6.09%
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 7.03%
10 International Flavors & Fragrances 19.02 Bn 18.49 Bn 1.02 Bn 3.66%

Historic Data

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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%
Mar 31, 2021 9.47%
Dec 31, 2020 9.79%
Sep 30, 2020 9.92%
Jun 30, 2020 11.67%
Mar 31, 2020 13.01%
Dec 31, 2019 12.88%
Sep 30, 2019 12.31%
Jun 30, 2019 12.04%
Mar 31, 2019 11.80%
Dec 31, 2018 11.63%
Sep 30, 2018 11.66%
Jun 30, 2018 11.28%
Mar 31, 2018 9.83%
Dec 31, 2017 9.53%
Sep 30, 2017 9.19%
Jun 30, 2017 8.90%
Mar 31, 2017 10.55%
Dec 31, 2016 10.56%
Sep 30, 2016 10.72%
Jun 30, 2016 12.14%
Mar 31, 2016 12.45%
Dec 31, 2015 12.02%
Sep 30, 2015 12.33%
Jun 30, 2015 9.47%
Mar 31, 2015 9.51%
Dec 31, 2014 9.46%
Sep 30, 2014 8.91%
Jun 30, 2014 10.46%
Mar 31, 2014 10.41%
Dec 31, 2013 10.39%
Jun 30, 2013 9.31%
Mar 31, 2013 9.96%
Dec 31, 2012 9.16%
Sep 30, 2012 9.70%
Jun 30, 2012 11.89%
Mar 31, 2012 11.74%
Dec 31, 2011 12.75%
Sep 30, 2011 12.54%
Jun 30, 2011 12.30%
Mar 31, 2011 12.50%
Dec 31, 2010 11.91%
Sep 30, 2010 12.62%
Jun 30, 2010 12.54%
Mar 31, 2010 10.83%
Dec 31, 2009 9.95%
Sep 30, 2009 8.35%