Air Products and Chemicals, Inc. APD

281.76 (2.73) (0.96%) as of 25 Sep
Market cap
$63.4B
P/E
0.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Air Products and Chemicals, Inc. (APD) Gross margin

Air Products and Chemicals, Inc.'s gross margin over the twelve months to 30 June 2026 was 32.1%, up 0.7 percentage points from fiscal 2025 (31.4%). Over the past ten years it has ranged from 26.5% (fiscal 2022) to 33.9% (fiscal 2020); the current reading is higher than 73% of that period. That is above the Specialty Chemicals industry median of 29.2% and above the Basic Materials sector median of 25.1%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 31.4% (1.08)
FY2024 32.5% 2.59
FY2023 29.9% 3.44
FY2022 26.5% (3.93)
FY2021 30.4% (3.46)
FY2020 33.9% 0.85
FY2019 33.0% 2.31
FY2018 30.7% 0.94
FY2017 29.8% (1.25)
FY2016 31.0% 2.55

Quarterly

Period Gross margin Change (points)
Jun 2026 32.8% 1.64
Mar 2026 31.1% (0.94)
Dec 2025 32.1% (0.18)
Sep 2025 32.3% (0.26)
42 more quarters

Against its own ten years

Low 26.5% High 33.9%
Ten-year median 30.7%
Current reading's percentile 73

Gross margin against peers

Company Gross margin
SHW The Sherwin-Williams Company compare 49.0%
LIN Linde PLC compare 48.4%
ECL Ecolab Inc. compare 44.1%
PPG PPG Industries, Inc. compare 40.9%
IFF International Flavors & Fragrances Inc. compare 36.5%
DD DuPont de Nemours, Inc. compare 35.1%
APD Air Products and Chemicals, Inc. 32.1%
ALB Albemarle Corporation compare 23.8%
LYB LyondellBasell Industries N.V. compare 12.8%
Specialty Chemicals industry median 29.2%
Basic Materials sector median 25.1%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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