Air Products and Chemicals, Inc. (APD) Gross Margin: 31.98%
Is Air Products and Chemicals, Inc.’s gross margin high or low?
Air Products and Chemicals, Inc.'s gross margin of 31.98% is in line with its 5-year average of 30.75%, near the high end of its 5-year range (26.46%–33.85%).
The gross margin for Air Products and Chemicals, Inc. (APD) is 31.98% as of Wednesday, June 10, 2026. It is above its 12-month average by 0.09% (31.95%).
APD Gross Margin Chart
APD Average Gross Margin Chart
APD Current vs Average Gross Margin Chart
APD Gross Margin Metrics
GROSS MARGIN
31.98%
GROSS MARGIN AVG TTM
31.95%
GROSS MARGIN AVG 3Y
30.06%
GROSS MARGIN AVG 5Y
30.75%
GROSS MARGIN AVG 10Y
30.67%
GROSS MARGIN AVG 15Y
29.56%
GROSS MARGIN AVG 20Y
28.80%
CURRENT VS TTM AVG
+0.09%
CURRENT VS 3Y AVG
+6.37%
CURRENT VS 5Y AVG
+4.00%
CURRENT VS 10Y AVG
+4.27%
CURRENT VS 15Y AVG
+8.20%
CURRENT VS 20Y AVG
+11.06%
APD Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Air Products and Chemicals, Inc. (APD) | $61.57B | 31.98% | 31.95% | 30.06% | 30.75% |
| Nucor Corporation (NUE) | $57.05B | 13.98% | 12.64% | 19.48% | 19.86% |
| Ecolab Inc. (ECL) | $72.33B | 44.29% | 43.99% | 41.63% | 41.51% |
| The Sherwin-Williams Company (SHW) | $74.96B | 49.12% | 48.70% | 46.55% | 46.05% |
| Vulcan Materials Company (VMC) | $35.38B | 27.61% | 27.13% | 25.15% | 25.29% |
| Freeport-McMoRan Inc. (FCX) | $89.24B | 27.80% | 28.23% | 30.36% | 29.31% |
| Newmont Corporation (NEM) | $99.04B | 55.12% | 42.20% | 28.07% | 27.14% |
| International Flavors & Fragrances Inc. (IFF) | $18.95B | 36.35% | 36.03% | 34.38% | 35.10% |
| DuPont de Nemours, Inc. (DD) | $18.47B | 33.79% | 30.91% | 30.71% | 30.89% |
| Alcoa Corporation (AA) | $17.30B | 15.20% | 12.93% | 10.82% | 12.09% |
Gross Margin Analysis
Gross Margin
32.0%
(Revenue - COGS) / Revenue
Air Products and Chemicals, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Air Products and Chemicals, Inc. Gross Margin FAQ
- What is the gross margin for Air Products and Chemicals, Inc. (APD)?
- The gross margin for APD stock is 31.98%.
- Is Air Products and Chemicals, Inc.'s gross margin high or low?
- Air Products and Chemicals, Inc.'s gross margin of 31.98% is in line with its 5-year average of 30.75%, near the high end of its 5-year range (26.46%–33.85%).
- What is the TTM average gross margin for Air Products and Chemicals, Inc. (APD)?
- The TTM average gross margin for APD stock is 31.95%.
- What is the 3Y average gross margin for Air Products and Chemicals, Inc. (APD)?
- The 3Y average gross margin for APD stock is 30.06%.
- What is the 5Y average gross margin for Air Products and Chemicals, Inc. (APD)?
- The 5Y average gross margin for APD stock is 30.75%.
- What is the 10Y average gross margin for Air Products and Chemicals, Inc. (APD)?
- The 10Y average gross margin for APD stock is 30.67%.
- What is the 15Y average gross margin for Air Products and Chemicals, Inc. (APD)?
- The 15Y average gross margin for APD stock is 29.56%.
- What is the 20Y average gross margin for Air Products and Chemicals, Inc. (APD)?
- The 20Y average gross margin for APD stock is 28.80%.
Air Products and Chemicals, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-09-30 | 31.41% |
| 2024-09-30 | 32.49% |
| 2023-09-30 | 29.90% |
| 2022-09-30 | 26.46% |
| 2021-09-30 | 30.39% |
| 2020-09-30 | 33.85% |
| 2019-09-30 | 33.00% |
| 2018-09-30 | 30.69% |
| 2017-09-30 | 29.73% |
| 2016-09-30 | 31.00% |
| 2015-09-30 | 28.45% |
| 2014-09-30 | 26.91% |
| 2013-09-30 | 26.60% |
| 2012-09-30 | 26.63% |
| 2011-09-30 | 27.44% |
| 2010-09-30 | 27.95% |
| 2009-09-30 | 26.82% |
| 2008-09-30 | 26.13% |
| 2007-09-30 | 26.77% |
| 2006-09-30 | 25.90% |
| 2005-09-30 | 26.18% |
| 2004-09-30 | 26.28% |
| 2003-09-30 | 26.74% |
| 2002-09-30 | 29.13% |
| 2001-09-30 | 28.24% |
| 2000-09-30 | 30.03% |
| 1999-09-30 | 30.25% |
| 1998-09-30 | 42.52% |
| 1997-09-30 | 41.00% |
| 1996-09-30 | 39.92% |
Related Metrics
About Air Products and Chemicals, Inc.
Operating globally, Air Products and Chemicals, Inc. (APD) is a prominent supplier of industrial gases, specialized equipment, and associated services. The company's diverse product range includes atmospheric gases such as oxygen, nitrogen, and argon, as well as various process gases like hydrogen, helium, carbon dioxide, carbon monoxide, and syngas. They also provide a selection of specialty gases. APD is involved in the fabrication of crucial machinery for gas production and handling, including air separation units and non-cryogenic generators. These products and services cater to a broad spectrum of industries, including but not limited to refining, chemical processing, gasification, metals production, general manufacturing, food and beverage, electronics, medical imaging, and energy generation. Moreover, the company's capabilities extend to designing and manufacturing advanced systems for air separation, hydrocarbon recovery and purification, the liquefaction of natural gas, and the secure transportation and storage of liquid helium and hydrogen. APD also engages in a strategic partnership with Baker Hughes Company to further innovate hydrogen compression systems. The firm was established in 1940 and is based in Allentown, Pennsylvania.
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- CEO
- Eduardo F. Menezes