Air Products & Chemicals (APD) Return on Capital Employed [ROCE] (2009 - 2026)
Air Products & Chemicals (APD) posted Return on Capital Employed [ROCE] of -1.63% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 5.94 percentage points from 4.31% a year earlier and down 7.68 percentage points from the prior quarter.
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Analysis
Air Products & Chemicals (APD) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Air Products & Chemicals' Return on Capital Employed [ROCE] came in at -2.43%, down 16.56 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of -13.82 percentage points (FY2020 to FY2025).
- In prior fiscal years, Air Products & Chemicals' Return on Capital Employed [ROCE] was 14.13% in FY2024 (+4.42 pp), 9.71% in FY2023 (-0.22 pp), 9.93% in FY2022 (+0.10 pp) and 9.83% in FY2021 (-1.57 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of -2.36% in fiscal Q4 2025 to a high of 13.10% in fiscal Q4 2024 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in three of the last eight quarters, with an average year-over-year change of -4.35 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q1 2025, with a gain of 4.32 percentage points; the weakest was fiscal Q4 2025, with a drop of 15.46 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was 6.05% (Q2 2026), -2.09% (Q1 2026) and -2.36% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 216.41 Bn | 199.52 Bn | 4.43 Bn | 13.17% |
| 2 | Corning | 138.24 Bn | 131.38 Bn | 1.63 Bn | 9.96% |
| 3 | Sherwin Williams | 77.94 Bn | 76.98 Bn | 3.34 Bn | 23.44% |
| 4 | Air Products & Chemicals | 60.86 Bn | 58.76 Bn | 1.04 Bn | -1.63% |
| 5 | LyondellBasell Industries | 37.33 Bn | 26.95 Bn | 2.04 Bn | 3.55% |
| 6 | Nutrien | 33.61 Bn | 30.48 Bn | 3.25 Bn | 24.09% |
| 7 | Qnity Electronics | 26.88 Bn | 24.31 Bn | 666.00 Mn | 10.47% |
| 8 | Ati | 26.00 Bn | 24.15 Bn | 309.80 Mn | 17.58% |
| 9 | Ppg Industries | 23.27 Bn | 16.07 Bn | 1.81 Bn | 13.38% |
| 10 | International Flavors & Fragrances | 21.22 Bn | 18.91 Bn | 853.00 Mn | 3.64% |
Historic Data
Download Data
Historic 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% |
API Access
Air Products & Chemicals Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "APD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();