Air Products and Chemicals APD Operating margin
Operating margin at other companies
Other financials
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 operating margin?
- Air Products and Chemicals (APD) reported operating margin of 18.3% in Q1 2026.
- How has Air Products and Chemicals's operating margin changed year-over-year?
- Air Products and Chemicals's operating margin increased by 48.7% year-over-year, from 12.3% to 18.3%.
- What is the long-term trend for Air Products and Chemicals's operating margin?
- Over 4 years (2021 to 2025), Air Products and Chemicals's operating margin has grown at a -12.5% compound annual growth rate (CAGR), from 93.1% to 54.5%.
- What does operating margin mean?
- The profit left from core operations for every dollar of sales, before interest and taxes.
- How do you interpret operating margin?
- Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
- How does operating margin compare across companies?
- Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.