Air Products & Chemicals (APD) Debt to Equity (2009 - 2026)
Air Products & Chemicals' (APD) quarterly Debt to Equity came in at $1.11 in Q1 2026, up 2034.44% year-on-year from $0.05 in Q1 2025, and up 281.63% quarter-over-quarter from $0.29 in Q4 2025.
Air Products & Chemicals (APD) Debt to Equity (2009 - 2026) Analysis & Trends
Air Products & Chemicals has disclosed Debt to Equity across 18 years of filings, most recently posting $1.11 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $1.11, up 2034.44% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.11 (up 2034.44% YoY), and the FY2025 annual result was $0.31, up 85.08% from the prior year.
- Debt to Equity came in at $1.11 for Q1 2026 at Air Products & Chemicals, up from $0.29 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.11 in Q1 2026 to a low of $0.02 in Q2 2023.
- The 5-year median for Debt to Equity is $0.17 (2024), against an average of $0.28.
- Across the five-year window, Debt to Equity slumped 93.15% in 2022 and jumped 2034.44% in 2026, its largest moves.
- Air Products & Chemicals' Debt to Equity stood at $0.51 in 2022, then soared by 45.2% to $0.74 in 2023, then slipped by 4.51% to $0.71 in 2024, then slumped by 58.76% to $0.29 in 2025, then soared by 281.63% to $1.11 in 2026.
- The last three Debt to Equity figures came in at $1.11 (Q1 2026), $0.29 (Q4 2025), and $0.31 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 0.62 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 0.58 |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 2.10 |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 0.84 |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 1.11 |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 0.87 |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 0.41 |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 0.22 |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 1.26 |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | 0.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.11 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.03 |
| Mar 31, 2025 | 0.05 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.07 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.74 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.51 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.05 |
| Mar 31, 2022 | 0.48 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.49 |
| Jun 30, 2021 | 0.02 |