Air Products & Chemicals (APD) Debt to Equity (2009 - 2026)
Air Products & Chemicals recorded quarterly Debt to Equity of $1.11 in Q1 2026, up 281.63% quarter-over-quarter from $0.29 in Q4 2025, and up 2034.44% year-over-year from $0.05 in Q1 2025.
Air Products & Chemicals' Debt to Equity history runs 18 years deep, the most recent figure standing at $1.11 for Q1 2026.
- In Q1 2026, Debt to Equity rose 2034.44% year-over-year to $1.11; the TTM figure through Mar 2026 stood at $1.11 (up 2034.44% YoY), while the FY2025 annual figure 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.
- A 5-year average of $0.28 and a median of $0.17 in 2024 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity sank 93.15% in 2022 and surged 2034.44% in 2026, its largest moves.
- Air Products & Chemicals' Debt to Equity stood at $0.51 in 2022, then jumped by 45.2% to $0.74 in 2023, then dropped by 4.51% to $0.71 in 2024, then sank by 58.76% to $0.29 in 2025, then jumped by 281.63% to $1.11 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $1.11, $0.29, and $0.31 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 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 | 72.51 Bn | 72.30 Bn | 2.78 Bn | 2.10 |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 0.84 |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 1.11 |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 0.87 |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 1.26 |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | 0.19 |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 0.22 |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 0.41 |
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 |
| Mar 31, 2021 | 0.52 |
| Dec 31, 2020 | 0.09 |
| Sep 30, 2020 | 0.06 |
| Jun 30, 2020 | 0.66 |
| Mar 31, 2020 | 0.25 |
| Dec 31, 2019 | 0.03 |
| Sep 30, 2019 | 0.03 |
| Jun 30, 2019 | 0.26 |
| Mar 31, 2019 | 0.04 |
| Dec 31, 2018 | 0.03 |
| Sep 30, 2018 | 0.27 |
| Jun 30, 2018 | 0.05 |
| Mar 31, 2018 | 0.33 |
| Dec 31, 2017 | 0.34 |
| Sep 30, 2017 | 0.01 |
| Jun 30, 2017 | 0.40 |
| Mar 31, 2017 | 0.39 |
| Dec 31, 2016 | 0.57 |
| Sep 30, 2016 | 0.67 |
| Jun 30, 2016 | 0.65 |
| Mar 31, 2016 | 0.72 |
| Dec 31, 2015 | 0.72 |
| Sep 30, 2015 | 0.74 |
| Jun 30, 2015 | 0.62 |
| Mar 31, 2015 | 0.62 |
| Dec 31, 2014 | 0.80 |
| Sep 30, 2014 | 0.65 |
| Jun 30, 2014 | 0.77 |
| Mar 31, 2014 | 0.80 |
| Dec 31, 2013 | 0.82 |
| Sep 30, 2013 | 0.77 |
| Jun 30, 2013 | 0.71 |
| Mar 31, 2013 | 0.73 |
| Dec 31, 2012 | 0.81 |
| Sep 30, 2012 | 0.70 |
| Jun 30, 2012 | 0.63 |
| Mar 31, 2012 | 0.66 |
| Dec 31, 2011 | 0.69 |
| Sep 30, 2011 | 0.76 |
| Jun 30, 2011 | 0.64 |
| Mar 31, 2011 | 0.62 |
| Dec 31, 2010 | 0.66 |
| Sep 30, 2010 | 0.68 |
| Jun 30, 2010 | 0.69 |
| Mar 31, 2010 | 0.70 |
| Dec 31, 2009 | 0.77 |
| Sep 30, 2009 | 0.85 |
| Jun 30, 2009 | 0.74 |