Air Products & Chemicals (APD) Asset Utilization Ratio (2009 - 2026)
Air Products & Chemicals' (APD) Asset Utilization Ratio came in at 0.31 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 2.5% from 0.30 a year earlier and up 2.1% from the prior quarter.
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Analysis
Air Products & Chemicals (APD) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Air Products & Chemicals' Asset Utilization Ratio stood at 0.30, down 11.7% from FY2024.
- Annual Asset Utilization Ratio has declined for three consecutive fiscal years.
- In prior fiscal years, Air Products & Chemicals' Asset Utilization Ratio was 0.34 in FY2024 (-20.6%), 0.43 in FY2023 (-9.4%), 0.47 in FY2022 (+18.4%) and 0.40 in FY2021 (-1.2%).
- The fiscal Q3 2026 figure stands as the highest quarterly Asset Utilization Ratio since fiscal Q4 2024.
- On a year-over-year basis, Asset Utilization Ratio increased in 1 of the last eight quarters, with an average decline of 8.9%.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was fiscal Q4 2022, with growth of 19.5%; the weakest was fiscal Q2 2024, with a decline of 23.8%.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 0.30 (Q2 2026), 0.30 (Q1 2026) and 0.29 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 0.41 |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 0.53 |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 0.92 |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | 0.31 |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 0.42 |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 0.91 |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 0.52 |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 0.37 |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 0.86 |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn | 0.73 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.31 |
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.35 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 0.40 |
| Jun 30, 2023 | 0.43 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.46 |
| Sep 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.41 |
| Sep 30, 2021 | 0.39 |
API Access
Air Products & Chemicals Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "APD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();