Air Products & Chemicals (APD) Tax Rate (2009 - 2026)
Air Products & Chemicals recorded quarterly Tax Rate of 17.96% in Q1 2026, down 4.12% quarter-over-quarter from 18.74% in Q4 2025, and down 458.0% year-over-year from 5.02% in Q1 2025.
Air Products & Chemicals' Tax Rate history runs 18 years deep, the most recent figure standing at 17.96% for Q1 2026.
- In Q1 2026, Tax Rate fell 458.0% year-over-year to 17.96%; the TTM figure through Mar 2026 stood at 21.44% (up 492.0% YoY), while the FY2025 annual figure was 21.4%, up 180.0% from the prior year.
- Tax Rate came in at 17.96% for Q1 2026 at Air Products & Chemicals, down from 18.74% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 91.67% in Q3 2025 to a low of 16.55% in Q2 2024.
- A 5-year average of 23.15% and a median of 18.61% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 7017 bps in 2025 and plunged 458 bps in 2026, its largest moves.
- Air Products & Chemicals' Tax Rate stood at 18.94% in 2022, then fell by 6 bps to 17.89% in 2023, then slipped by 0 bps to 17.8% in 2024, then climbed by 5 bps to 18.74% in 2025, then declined by 4 bps to 17.96% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 17.96%, 18.74%, and 91.67% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 Bn | 4.26 Bn | 23.49 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 41.34 |
| 3 | Sherwin Williams | 72.51 Bn | 72.30 Bn | 2.78 Bn | 21.34 |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 13.89 |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 17.96 |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 25.53 |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | -1.46 |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | - |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 17.13 |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 18.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.96 |
| Mar 31, 2026 | 17.96 |
| Dec 31, 2025 | 18.74 |
| Dec 31, 2025 | 18.74 |
| Sep 30, 2025 | 91.67 |
| Sep 30, 2025 | 91.67 |
| Jun 30, 2025 | 17.92 |
| Jun 30, 2025 | 17.92 |
| Mar 31, 2025 | 22.55 |
| Mar 31, 2025 | 22.55 |
| Dec 31, 2024 | 17.80 |
| Dec 31, 2024 | 17.80 |
| Sep 30, 2024 | 21.51 |
| Sep 30, 2024 | 21.51 |
| Jun 30, 2024 | 16.55 |
| Jun 30, 2024 | 16.55 |
| Mar 31, 2024 | 18.34 |
| Mar 31, 2024 | 18.34 |
| Dec 31, 2023 | 17.89 |
| Dec 31, 2023 | 17.89 |
| Sep 30, 2023 | 18.33 |
| Sep 30, 2023 | 18.33 |
| Jun 30, 2023 | 18.61 |
| Jun 30, 2023 | 18.61 |
| Mar 31, 2023 | 21.19 |
| Mar 31, 2023 | 21.19 |
| Dec 31, 2022 | 18.94 |
| Dec 31, 2022 | 18.94 |
| Sep 30, 2022 | 18.37 |
| Sep 30, 2022 | 18.37 |
| Jun 30, 2022 | 18.61 |
| Jun 30, 2022 | 18.61 |
| Mar 31, 2022 | 18.61 |
| Mar 31, 2022 | 18.61 |
| Dec 31, 2021 | 17.09 |
| Dec 31, 2021 | 17.09 |
| Sep 30, 2021 | 18.10 |
| Sep 30, 2021 | 18.10 |
| Jun 30, 2021 | 16.25 |
| Jun 30, 2021 | 16.25 |
| Mar 31, 2021 | 20.35 |
| Mar 31, 2021 | 20.35 |
| Dec 31, 2020 | 19.30 |
| Dec 31, 2020 | 19.30 |
| Sep 30, 2020 | 16.80 |
| Sep 30, 2020 | 16.80 |
| Jun 30, 2020 | 19.30 |
| Jun 30, 2020 | 19.30 |
| Mar 31, 2020 | 22.73 |
| Mar 31, 2020 | 22.73 |
| Dec 31, 2019 | 19.80 |
| Dec 31, 2019 | 19.80 |
| Sep 30, 2019 | 20.19 |
| Sep 30, 2019 | 20.19 |
| Jun 30, 2019 | 17.93 |
| Jun 30, 2019 | 17.93 |
| Mar 31, 2019 | 19.87 |
| Mar 31, 2019 | 19.87 |
| Dec 31, 2018 | 27.01 |
| Dec 31, 2018 | 27.01 |
| Sep 30, 2018 | 287.14 |
| Sep 30, 2018 | 287.14 |
| Jun 30, 2018 | 19.41 |
| Jun 30, 2018 | 19.41 |
| Mar 31, 2018 | 11.71 |
| Mar 31, 2018 | 11.71 |
| Dec 31, 2017 | 64.20 |
| Dec 31, 2017 | 64.20 |
| Sep 30, 2017 | -0.27 |
| Sep 30, 2017 | -0.27 |
| Jun 30, 2017 | 45.63 |
| Jun 30, 2017 | 45.63 |
| Mar 31, 2017 | 23.36 |
| Mar 31, 2017 | 23.36 |
| Dec 31, 2016 | 23.29 |
| Dec 31, 2016 | 23.29 |
| Sep 30, 2016 | 24.74 |
| Sep 30, 2016 | 24.74 |
| Jun 30, 2016 | 36.33 |
| Jun 30, 2016 | 36.33 |
| Mar 31, 2016 | 24.72 |
| Mar 31, 2016 | 24.72 |
| Dec 31, 2015 | 25.13 |
| Dec 31, 2015 | 25.13 |
| Sep 30, 2015 | -2,094.74 |
| Sep 30, 2015 | -2,094.74 |
| Jun 30, 2015 | 23.71 |
| Jun 30, 2015 | 23.71 |
| Mar 31, 2015 | 22.69 |
| Mar 31, 2015 | 22.69 |
| Dec 31, 2014 | 24.12 |
| Dec 31, 2014 | 24.12 |
| Sep 30, 2014 | -12.66 |
| Sep 30, 2014 | -12.66 |
| Jun 30, 2014 | 23.99 |
| Jun 30, 2014 | 23.99 |
| Mar 31, 2014 | 24.01 |
| Mar 31, 2014 | 24.01 |
| Dec 31, 2013 | 24.20 |
| Dec 31, 2013 | 24.20 |
| Jun 30, 2013 | 24.01 |
| Jun 30, 2013 | 24.01 |
| Mar 31, 2013 | 24.30 |
| Mar 31, 2013 | 24.30 |
| Dec 31, 2012 | 24.39 |
| Dec 31, 2012 | 24.39 |
| Sep 30, 2012 | 11.23 |
| Sep 30, 2012 | 11.23 |
| Jun 30, 2012 | 26.74 |
| Jun 30, 2012 | 26.74 |
| Mar 31, 2012 | 2.99 |
| Mar 31, 2012 | 2.99 |
| Dec 31, 2011 | 35.24 |
| Dec 31, 2011 | 35.24 |
| Sep 30, 2011 | 24.51 |
| Sep 30, 2011 | 24.51 |
| Jun 30, 2011 | 23.80 |
| Jun 30, 2011 | 23.80 |
| Mar 31, 2011 | 26.05 |
| Mar 31, 2011 | 26.05 |
| Dec 31, 2010 | 22.80 |
| Dec 31, 2010 | 22.80 |
| Sep 30, 2010 | 23.86 |
| Sep 30, 2010 | 23.86 |
| Jun 30, 2010 | 22.90 |
| Jun 30, 2010 | 22.90 |
| Mar 31, 2010 | 24.73 |
| Mar 31, 2010 | 24.73 |
| Dec 31, 2009 | 24.54 |
| Dec 31, 2009 | 24.54 |
| Sep 30, 2009 | 54.54 |
| Sep 30, 2009 | 54.54 |
| Jun 30, 2009 | 17.54 |
| Jun 30, 2009 | 17.54 |
| Mar 31, 2009 | 6.49 |
| Mar 31, 2009 | 6.49 |