Air Products & Chemicals (APD) Debt Ratio (2009 - 2026)
Air Products & Chemicals' (APD) Debt Ratio came in at 0.43 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 1.8% from 0.42 a year earlier and up 2.4% from the prior quarter.
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Analysis
Air Products & Chemicals (APD) Debt Ratio (2009 - 2026) Analysis & Trends
Since fiscal Q3 2009, Air Products & Chemicals has reported Debt Ratio for 66 quarters.
- Annual Debt Ratio has increased for three consecutive fiscal years.
- In prior fiscal years, Air Products & Chemicals' Debt Ratio was 0.36 in FY2024 (+11.6%), 0.32 in FY2023 (+25.2%), 0.26 in FY2022 (-6.2%) and 0.27 in FY2021 (-9.3%).
- Quarterly Debt Ratio has run from a low of 0.26 in fiscal Q4 2022 to a high of 0.84 in fiscal Q1 2026 over five years.
- On a year-over-year basis, Debt Ratio has increased in each of the last 15 quarters, with growth averaging 23.7% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was fiscal Q1 2026, with growth of 132.3%; the weakest was fiscal Q2 2022, with a decline of 11.4%.
- According to Business Quant data, Debt Ratio for the three prior fiscal quarters was 0.42 (Q2 2026), 0.84 (Q1 2026) and 0.43 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.08 Bn | 213.65 Bn | 4.43 Bn | 0.32 |
| 2 | Corning | 113.97 Bn | 106.54 Bn | 1.63 Bn | 0.26 |
| 3 | Sherwin Williams | 81.98 Bn | 81.03 Bn | 3.34 Bn | 0.45 |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | 0.43 |
| 5 | LyondellBasell Industries | 41.35 Bn | 30.86 Bn | 2.04 Bn | 0.37 |
| 6 | Nutrien | 33.62 Bn | 30.45 Bn | 3.25 Bn | 0.21 |
| 7 | Ati | 24.94 Bn | 22.97 Bn | 309.80 Mn | 0.38 |
| 8 | Qnity Electronics | 24.80 Bn | 21.94 Bn | 666.00 Mn | 0.28 |
| 9 | Ppg Industries | 24.22 Bn | 16.88 Bn | 1.81 Bn | 0.31 |
| 10 | International Flavors & Fragrances | 23.27 Bn | 20.93 Bn | 853.00 Mn | 0.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.43 |
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 0.84 |
| Sep 30, 2025 | 0.43 |
| Jun 30, 2025 | 0.42 |
| Mar 31, 2025 | 0.41 |
| Dec 31, 2024 | 0.36 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.28 |
API Access
Air Products & Chemicals Debt 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=debt-ratio&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();