What is Air Products and Chemicals's SG&A?

Air Products and Chemicals (APD) reported SG&A of $227.2M 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 $222M to $227.2M.

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 $828.4M to $906.1M.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Air Products and Chemicals APD SG&A

SG&A at other companies

LindeLIN

$893M+13.6%

LSB IndustriesLXU

$13.83M+36.2%

HWK

HawkinsHWKN

$30.77M+11.2%

Worthington EnterprisesWOR

$75.75M+20.2%

Ichor HoldingsICHR

$22.57M+3.8%

ESABESAB

$174.47M+23.9%

Segments

By segment

See full

Europe$69.7M+17.7%

Corporate and other$66.1M-13.8%

Americas$53.8M+8.0%

Asia$33M+10.0%

Middle East and India$4.6M-27.0%

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

See full

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

See full

Operating cash flow$1.1B+236%

CapEx$1.1B-41.4%

Free cash flow-$3.9M+99.8%

Valuation

See full

Market cap$65.29B+11.1%

Enterprise value$65.25B+13.1%

P/E31.1×-6.8×

P/S5.2×+0.4×

Profitability

See full

Gross margin32%0.0pp

Operating margin18.3%+6.0pp

Net margin16.9%+4.1pp

FCF margin-10%-4.2pp

Returns & leverage

See full

Return on equity13.9%+3.5pp

Debt / equity0.1×0.0×

Current ratio1.4×+0.4×

Where this comes from

Reported directly by Air Products and Chemicals in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

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 SG&A?: Air Products and Chemicals (APD) reported SG&A of $227.2M 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 $222M to $227.2M.
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 $828.4M to $906.1M.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.