Air Products & Chemicals (APD) Tax Rate (2009 - 2026)
Air Products & Chemicals (APD) posted Tax Rate of 26.6% for Q2 2026, up 48.08% sequentially from 17.96% in Q1 2026, and up 868.0% YoY from 2.75% in Q2 2025.
Air Products & Chemicals (APD) Tax Rate (2009 - 2026) Analysis & Trends
Air Products & Chemicals has reported Tax Rate for 18 years, with the latest figure at 26.6% in Q2 2026.
- Quarterly Tax Rate rose 868.0% year-over-year to 26.6% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 104.87% (up 8772.0% YoY) and the FY2025 annual result came in at 21.4%, up 180.0% from the prior year.
- Tax Rate climbed to 26.6% in Q2 2026 per APD's latest filing, from 17.96% in the prior quarter.
- Over five years, Tax Rate peaked at 91.67% in Q3 2025 and troughed at 16.55% in Q2 2024.
- A 5-year average of 23.34% and a median of 18.61% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2025 and 2026: Tax Rate soared 7017 bps in 2025, then sank 458 bps in 2026.
- Over 5 years, Tax Rate stood at 18.94% in 2022, then retreated by 6 bps to 17.89% in 2023, then dropped by 0 bps to 17.8% in 2024, then grew by 5 bps to 18.74% in 2025, then soared by 42 bps to 26.6% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 26.6%, 17.96%, and 18.74% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 225.67 Bn | 220.77 Bn | 4.43 Bn | 23.96% |
| 2 | Sherwin Williams | 84.74 Bn | 84.44 Bn | 3.34 Bn | 24.17% |
| 3 | Ecolab | 78.90 Bn | 73.77 Bn | 1.95 Bn | 22.33% |
| 4 | Air Products & Chemicals | 68.19 Bn | 67.21 Bn | 1.04 Bn | 26.60% |
| 5 | Ppg Industries | 25.36 Bn | 23.77 Bn | 1.81 Bn | 22.32% |
| 6 | Chemical & Mining Co Of Chile | 23.48 Bn | 19.61 Bn | 778.60 Mn | -41.34% |
| 7 | LyondellBasell Industries | 21.91 Bn | 19.28 Bn | 2.04 Bn | 29.21% |
| 8 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn | 48.44% |
| 9 | DuPont de Nemours | 18.83 Bn | 17.09 Bn | 639.00 Mn | 28.20% |
| 10 | Albemarle | 16.94 Bn | 15.31 Bn | 590.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.60% |
| Jun 30, 2026 | 26.60% |
| Jun 30, 2026 | 26.60% |
| Mar 31, 2026 | 17.96% |
| Mar 31, 2026 | 17.96% |
| Mar 31, 2026 | 17.96% |
| Dec 31, 2025 | 18.74% |
| Dec 31, 2025 | 18.74% |
| Dec 31, 2025 | 18.74% |
| Sep 30, 2025 | 91.67% |
| Sep 30, 2025 | 91.67% |
| Sep 30, 2025 | 91.67% |
| Jun 30, 2025 | 17.92% |
| Jun 30, 2025 | 17.92% |
| Jun 30, 2025 | 17.92% |
| Mar 31, 2025 | 22.55% |
| Mar 31, 2025 | 22.55% |
| Mar 31, 2025 | 22.55% |
| Dec 31, 2024 | 17.80% |
| Dec 31, 2024 | 17.80% |