Air Products & Chemicals (APD) Tax Rate (2009 - 2026)
Air Products & Chemicals' (APD) quarterly Tax Rate came in at 17.96% in Q1 2026, down 458.0% year-on-year from 5.02% in Q1 2025, and down 4.12% quarter-over-quarter from 18.74% in Q4 2025.
Air Products & Chemicals (APD) Tax Rate (2009 - 2026) Analysis & Trends
Air Products & Chemicals has disclosed Tax Rate across 18 years of filings, most recently posting 17.96% for Q1 2026.
- Tax Rate for Q1 2026 came in at 17.96%, down 458.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.44% (up 492.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Tax Rate is 18.61% (2022), against an average of 23.15%.
- Across the five-year window, Tax Rate jumped 7017 bps in 2025 and sank 458 bps in 2026, its largest moves.
- Air Products & Chemicals' Tax Rate stood at 18.94% in 2022, then declined by 6 bps to 17.89% in 2023, then decreased by 0 bps to 17.8% in 2024, then advanced by 5 bps to 18.74% in 2025, then dropped by 4 bps to 17.96% in 2026.
- The last three Tax Rate figures came in at 17.96% (Q1 2026), 18.74% (Q4 2025), and 91.67% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 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 | 78.87 Bn | 78.66 Bn | 2.78 Bn | 21.34 |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 13.89 |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 17.96 |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 25.53 |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 18.66 |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 17.13 |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | -1.46 |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | - |
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% |