Air Products & Chemicals (APD) Capital Expenditures (2009 - 2025)

Air Products & Chemicals' (APD) quarterly Capital Expenditures came in at $1.5 billion in Q3 2025, down 76.29% year-on-year from $6.4 billion in Q3 2024, and up 1.46% quarter-over-quarter from $1.5 billion in Q2 2025.

Air Products & Chemicals (APD) Capital Expenditures (2009 - 2025) Analysis & Trends

Air Products & Chemicals has disclosed Capital Expenditures across 17 years of filings, most recently posting $1.5 billion for Q3 2025.

  • Capital Expenditures for Q3 2025 came in at $1.5 billion, down 76.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.0 billion (down 71.33% YoY), and the FY2025 annual result was $7.0 billion, up 3.32% from the prior year.
  • Capital Expenditures came in at $1.5 billion for Q3 2025 at Air Products & Chemicals, up from $1.5 billion in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $6.4 billion in Q3 2024 to a low of -$2.1 billion in Q3 2022.
  • The 5-year median for Capital Expenditures is $705.5 million (2022), against an average of $941.4 million.
  • Across the five-year window, Capital Expenditures slumped 498.4% in 2021 and soared 3893.8% in 2025, its largest moves.
  • Air Products & Chemicals' Capital Expenditures stood at $663.8 million in 2021, then gained by 25.67% to $834.2 million in 2022, then plunged by 63.82% to $301.8 million in 2023, then sank by 94.93% to $15.3 million in 2024, then surged by 9819.61% to $1.5 billion in 2025.
  • The last three Capital Expenditures figures came in at $1.5 billion (Q3 2025), $1.5 billion (Q2 2025), and $4.0 billion (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 1.34 Bn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 138.30 Mn
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 332.10 Mn
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn -
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 52.00 Mn
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 165.00 Mn
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 102.00 Mn
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 269.00 Mn
10 Albemarle 18.85 Bn 18.02 Bn 500.97 Mn 98.68 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 1.52 Bn
Sep 30, 2025 1.52 Bn
Jun 30, 2025 1.50 Bn
Jun 30, 2025 1.50 Bn
Mar 31, 2025 3.99 Bn
Mar 31, 2025 3.99 Bn
Dec 31, 2024 15.30 Mn
Dec 31, 2024 15.30 Mn
Sep 30, 2024 6.40 Bn
Sep 30, 2024 6.40 Bn
Jun 30, 2024 100.00 Mn
Jun 30, 2024 100.00 Mn
Mar 31, 2024 100.00 Mn
Mar 31, 2024 100.00 Mn
Dec 31, 2023 301.80 Mn
Dec 31, 2023 301.80 Mn
Sep 30, 2023 1.46 Bn
Sep 30, 2023 1.46 Bn
Jun 30, 2023 1.32 Bn
Jun 30, 2023 1.32 Bn