Operating Expenses

SG&A

Air Products and Chemicals SG&A decreased by 0.7% to $227.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $222.00M to $227.20M. Over 4 years (FY 2021 to FY 2025), SG&A shows relatively stable performance with a 2.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: is_selling_general_and_administrative

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$213.30M$202.10M$232.80M$227.00M$216.90M$223.90M$234.40M$251.20M$238.70M$232.70M$238.40M$240.60M$235.40M$228.00M$242.40M$222.00M$222.60M$219.10M$228.70M$227.20M
QoQ Change-5.3%+15.2%-2.5%-4.4%+3.2%+4.7%+7.2%-5.0%-2.5%+2.4%+0.9%-2.2%-3.1%+6.3%-8.4%+0.3%-1.6%+4.4%-0.7%
YoY Change+1.7%+10.8%+0.7%+10.7%+10.1%+3.9%+1.7%-4.2%-1.4%-2.0%+1.7%-7.7%-5.4%-3.9%-5.7%+2.3%
Range$202.10M$251.20M
CAGR+1.3%
Avg YoY Growth+0.8%
Median YoY Growth+1.2%

Business Segments

View all
SegmentQ1 '26
Europe$69.70M
Corporate and other$66.10M
Americas$53.80M
Asia$33.00M
Middle East and India$4.60M
Total$227.20M

Frequently Asked Questions

What is Air Products and Chemicals's sg&a?
Air Products and Chemicals (APD) reported sg&a of $227.20M in Q1 2026.
How has Air Products and Chemicals's sg&a changed year-over-year?
Air Products and Chemicals's sg&a increased by 2.3% year-over-year, from $222.00M to $227.20M.
What is the long-term trend for Air Products and Chemicals's sg&a?
Over 4 years (2021 to 2025), Air Products and Chemicals's sg&a has grown at a 2.3% compound annual growth rate (CAGR), from $828.40M to $906.10M.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.