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EBITDA Margin for Air Products and Chemicals (APD)

As of · Reported

Metric

TTM

35.0%

YoY change

−42.53pp

Trough year (2025)

11.1%

Peak year (2024)

53.6%

EBITDA Margin history chart for Air Products and Chemicals (APD) from 1985 to 2025

Latest: 11.1%

EBITDA Margin change chart for Air Products and Chemicals (APD) from 1985 to 2025

Latest: −42.53pp

EBITDA Margin history table for Air Products and Chemicals (APD) from 1985 to 2025

  • 202511.1%-42.53pp
  • 202453.6%+18.58pp
  • 202335.1%+1.83pp
  • 202233.2%-5.22pp
  • 202138.5%-3.52pp
  • 202042.0%+2.64pp
  • 201939.3%+4.45pp
  • 201834.9%+5.55pp
  • 201729.3%-4.30pp
  • 201633.6%+5.17pp
  • 201528.5%+5.13pp
  • 201423.3%-0.23pp
  • 201323.6%-0.12pp
  • 201223.7%-2.68pp
  • 201126.4%+0.01pp
  • 201026.4%+4.57pp
  • 200921.8%-2.31pp
  • 200824.1%-0.12pp
  • 200724.2%+3.74pp
  • 200620.5%-0.42pp
  • 200520.9%-1.87pp
  • 200422.8%+2.93pp
  • 200319.8%-5.20pp
  • 200225.0%+1.97pp
  • 200123.1%-2.67pp
  • 200025.7%+1.18pp
  • 199924.5%-2.28pp
  • 199826.8%+1.81pp
  • 199725.0%+0.62pp
  • 199624.4%-0.41pp
  • 199524.8%+0.73pp
  • 199424.1%+3.42pp
  • 199320.7%-4.58pp
  • 199225.2%+0.38pp
  • 199124.9%+0.94pp
  • 199023.9%-0.34pp
  • 198924.3%-1.27pp
  • 198825.5%-0.41pp
  • 198725.9%+1.46pp
  • 198624.5%+0.42pp
  • 198524.1%—

EBITDA Margin values are taken from Air Products and Chemicals's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Air Products and Chemicals (APD)

According to Air Products and Chemicals's latest reported financial statements, the company's latest reported EBITDA margin is 35.0%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Air Products and Chemicals (APD) EBITDA margin totalled 11.11% – contracted 42.5 percentage points year-over-year.

53.64% stands as the all-time-high annual EBITDA margin, posted in 2024, against a low of 11.11% during 2025.

Air Products and Chemicals EBITDA Margin by Year

Air Products and Chemicals EBITDA Margin 2025: 11.1%

In 2025, Air Products and Chemicals reported EBITDA margin of 11.11%, contracted 42.5 percentage points from 2024. This figure represents the lowest annual value in the available history.

Air Products and Chemicals EBITDA Margin 2024: 53.6%

Air Products and Chemicals EBITDA margin in 2024 was 53.64%, expanded 18.6 percentage points from 2023. This figure represents the highest annual value in the available history.

Air Products and Chemicals EBITDA Margin 2023: 35.1%

2023's EBITDA margin for Air Products and Chemicals came in at 35.07%, expanded 1.8 percentage points from 2022.

Air Products and Chemicals EBITDA Margin 2022: 33.2%

Air Products and Chemicals posted EBITDA margin of 33.24% in 2022, contracted 5.2 percentage points from 2021.

Air Products and Chemicals EBITDA Margin 2021: 38.5%

Air Products and Chemicals EBITDA margin in 2021 was 38.46%.

See more financial history for Air Products and Chemicals (APD).

Sector peers by EBITDA Margin

Basic Materials peers of Air Products and Chemicals (APD), ranked by their latest EBITDA margin

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