Air Products & Chemicals (APD) Return on Invested Capital [ROIC] (2009 - 2026)
Air Products & Chemicals (APD) recorded Return on Invested Capital [ROIC] of 0.52% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.63 percentage points from the prior quarter.
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Analysis
Air Products & Chemicals (APD) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Air Products & Chemicals reported Return on Invested Capital [ROIC] of -2.02%.
- Annual Return on Invested Capital [ROIC] has a five-year change of -10.76 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Return on Invested Capital [ROIC] came in at 10.86% in FY2024 (+3.42 pp), 7.44% in FY2023 (-1.40 pp), 8.85% in FY2022 (+0.23 pp) and 8.61% in FY2021 (-0.12 pp).
- The fiscal Q3 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since fiscal Q4 2024.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 0.64 percentage points in fiscal Q4 2022, against a drop of 7.74 percentage points in fiscal Q2 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 241.51 Bn | 225.21 Bn | 4.44 Bn | 10.33% |
| 2 | Corning | 98.25 Bn | 90.55 Bn | 1.81 Bn | 11.02% |
| 3 | Sherwin Williams | 84.58 Bn | 83.60 Bn | 3.28 Bn | 19.47% |
| 4 | Air Products & Chemicals | 70.48 Bn | 73.35 Bn | - | - |
| 5 | LyondellBasell Industries | 41.62 Bn | 29.79 Bn | 1.50 Bn | 8.97% |
| 6 | Nutrien | 34.33 Bn | 30.91 Bn | 1.86 Bn | 13.43% |
| 7 | Ppg Industries | 27.05 Bn | 20.12 Bn | 1.76 Bn | 11.09% |
| 8 | Ati | 24.87 Bn | 22.95 Bn | 380.20 Mn | 16.48% |
| 9 | Qnity Electronics | 24.73 Bn | 21.17 Bn | 743.00 Mn | 8.70% |
| 10 | Dow | 23.92 Bn | 9.36 Bn | 1.38 Bn | -2.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.52% |
| Mar 31, 2026 | -0.11% |
| Dec 31, 2025 | -0.36% |
| Jun 30, 2025 | -0.46% |
| Mar 31, 2025 | -0.94% |
| Dec 31, 2024 | 6.69% |
| Jun 30, 2024 | 7.28% |
| Mar 31, 2024 | 6.71% |
| Dec 31, 2023 | 7.24% |
| Jun 30, 2023 | 8.04% |
| Mar 31, 2023 | 8.25% |
| Dec 31, 2022 | 8.93% |
| Jun 30, 2022 | 8.77% |
| Mar 31, 2022 | 8.40% |
| Dec 31, 2021 | 8.29% |
| Jun 30, 2021 | 8.70% |
| Mar 31, 2021 | 8.50% |
| Dec 31, 2020 | 8.63% |
| Sep 30, 2020 | 8.88% |
| Jun 30, 2020 | 10.46% |
API Access
Air Products & Chemicals Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();