Air Products & Chemicals (APD) Change in Inventory (2009 - 2026)
Air Products & Chemicals (APD) posted Change in Inventory of -$14.9 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with $11.2 million a year earlier.
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Analysis
Air Products & Chemicals (APD) Change in Inventory (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Change in Inventory at Air Products & Chemicals was -$19.7 million; for FY2025 (ended Sep 30, 2025), it came in at $35.8 million, down 74.0% from FY2024.
- Annual Change in Inventory shows a five-year compound annual growth rate of 47.1% (FY2020 to FY2025).
- In prior fiscal years, Air Products & Chemicals' Change in Inventory was $137.8 million in FY2024 (+6.5%), $129.4 million in FY2023 (+37.2%), $94.3 million in FY2022 (+99.8%) and $47.2 million in FY2021 (+807.7%).
- Quarterly Change in Inventory has run from a low of -$16 million in fiscal Q2 2026 to a high of $102.8 million in fiscal Q1 2023 over five years.
- The strongest year-over-year quarter for Change in Inventory in the past five years was fiscal Q1 2022, with growth of 240.4%; the weakest was fiscal Q4 2025, with a decline of 99.3%.
- According to Business Quant data, Change in Inventory for the three prior fiscal quarters was -$16 million (Q2 2026), $11 million (Q1 2026) and $200,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.83 Bn | 221.97 Bn | 4.44 Bn | 11.00 Mn |
| 2 | Corning | 99.72 Bn | 91.40 Bn | 1.81 Bn | 194.00 Mn |
| 3 | Sherwin Williams | 86.17 Bn | 85.18 Bn | 3.28 Bn | - |
| 4 | Air Products & Chemicals | 69.05 Bn | 64.24 Bn | 1.04 Bn | -14.90 Mn |
| 5 | LyondellBasell Industries | 38.34 Bn | 26.40 Bn | 1.50 Bn | -7.00 Mn |
| 6 | Nutrien | 35.09 Bn | 31.62 Bn | 1.86 Bn | 382.00 Mn |
| 7 | Ppg Industries | 27.86 Bn | 20.78 Bn | 1.76 Bn | 4.00 Mn |
| 8 | Qnity Electronics | 26.20 Bn | 22.35 Bn | 743.00 Mn | 30.00 Mn |
| 9 | Ati | 25.21 Bn | 23.17 Bn | 380.20 Mn | -10.90 Mn |
| 10 | Dow | 22.43 Bn | 6.39 Bn | 1.38 Bn | -209.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.90 Mn |
| Mar 31, 2026 | -16.00 Mn |
| Dec 31, 2025 | 11.00 Mn |
| Sep 30, 2025 | 200,000.00 |
| Jun 30, 2025 | 11.20 Mn |
| Mar 31, 2025 | 30.80 Mn |
| Dec 31, 2024 | -6.40 Mn |
| Sep 30, 2024 | 26.80 Mn |
| Jun 30, 2024 | 38.30 Mn |
| Mar 31, 2024 | 24.10 Mn |
| Dec 31, 2023 | 48.60 Mn |
| Sep 30, 2023 | -4.10 Mn |
| Jun 30, 2023 | 21.20 Mn |
| Mar 31, 2023 | 9.50 Mn |
| Dec 31, 2022 | 102.80 Mn |
| Sep 30, 2022 | 13.50 Mn |
| Jun 30, 2022 | 23.50 Mn |
| Mar 31, 2022 | 23.60 Mn |
| Dec 31, 2021 | 33.70 Mn |
| Sep 30, 2021 | 10.80 Mn |
API Access
Air Products & Chemicals Change in Inventory 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=change-in-inventory&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();