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Net margin at other companies

Linde logo
LindeLIN
20.4%+0.4pp
CF Industries logo
CF IndustriesCF
28.7%+2.7pp
IR
Ingersoll RandIR
7.5%-3.8pp
Enterprise Products Partners logo
Enterprise Products PartnersEPD
11.4%+1.2pp
Oneok logo
OneokOKE
10%-2.1pp
Atmos Energy logo
Atmos EnergyATO
27.6%+2.2pp

Other financials

Income statement

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Revenue$3.2B+8.8%
Gross profit$987.4M+14.5%
Operating income$752.7M+132%
Net income$710.4M+141%
EPS (diluted)$3.19+141%

Balance sheet

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Cash & equivalents$951.0M-36.2%
Total debt$914.5M-35.2%
Total equity$15.6B+6.4%
Total assets$41.6B+7.1%

Cash flow

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Operating cash flow$1.1B+236%
CapEx$1.1B-41.4%
Free cash flow-$3.9M+99.8%

Valuation

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Market cap$62.74B-1.4%
Enterprise value$62.7B-1.4%
P/E29.8×-11.7×
P/S-0.3×

Profitability

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Gross margin32%0.0pp
Operating margin18.3%+6.0pp

Returns & leverage

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Return on equity13.9%+3.5pp
Debt / equity0.1×0.0×
Current ratio1.4×+0.4×

Where this comes from

Calculated from Air Products and Chemicals’s reported figures.

Based on trailing twelve months.

The official record: Air Products and Chemicals’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Air Products and Chemicals's net margin?
Air Products and Chemicals (APD) reported net margin of 16.9% in Q1 2026.
How has Air Products and Chemicals's net margin changed year-over-year?
Air Products and Chemicals's net margin increased by 32.2% year-over-year, from 12.8% to 16.9%.
What is the long-term trend for Air Products and Chemicals's net margin?
Over 4 years (2021 to 2025), Air Products and Chemicals's net margin has grown at a -9.8% compound annual growth rate (CAGR), from 82% to 54.2%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.