Air Products & Chemicals (APD) Debt Ratio (2009 - 2026)
Air Products & Chemicals' (APD) quarterly Debt Ratio came in at 0.46 in Q2 2026, up 3.24% year-over-year from 0.44 in Q2 2025, and up 5.04% quarter-over-quarter from 0.43 in Q1 2026.
Analysis
Air Products & Chemicals (APD) Debt Ratio (2009 - 2026) Analysis & Trends
Air Products & Chemicals has disclosed Debt Ratio across 18 years of filings, most recently posting 0.46 for Q2 2026.
- In Q2 2026, Debt Ratio rose 3.24% year-over-year to 0.46; the TTM figure through Jun 2026 stood at 0.46 (up 3.24% YoY), while the FY2025 annual figure was 0.45, up 19.61% from the prior year.
- Debt Ratio came in at 0.46 for Q2 2026 at Air Products & Chemicals, up from 0.43 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.46 in Q2 2026 to a low of 0.26 in Q3 2022.
- Average Debt Ratio over 5 years is 0.36, with a median of 0.38 recorded in 2024.
- Year-over-year, Debt Ratio retreated 11.36% in 2022 and jumped 41.15% in 2024.
- Over 5 years, Debt Ratio stood at 0.26 in 2022, then soared by 38.06% to 0.36 in 2023, then gained by 7.92% to 0.39 in 2024, then advanced by 10.09% to 0.43 in 2025, then grew by 6.2% to 0.46 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.46 in Q2 2026, 0.43 in Q1 2026, and 0.43 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 220.15 Bn | 216.79 Bn | 4.43 Bn | 0.37 |
| 2 | Air Products & Chemicals | 67.07 Bn | 68.80 Bn | 1.04 Bn | 0.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.43 |
| Sep 30, 2025 | 0.45 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.39 |
| Sep 30, 2024 | 0.37 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.26 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.27 |