KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Air Products & Chemicals (APD) Debt to Equity (2016 - 2025)

Air Products & Chemicals' Debt to Equity history spans 17 years, with the latest figure at $0.0 for Q3 2025.

  • For Q3 2025, Debt to Equity fell 98.82% year-over-year to $0.0; the TTM value through Sep 2025 reached $0.0, down 98.82%, while the annual FY2025 figure was $0.0, 98.82% down from the prior year.
  • Debt to Equity for Q3 2025 was $0.0 at Air Products & Chemicals, down from $0.29 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.59 in Q2 2023 and bottomed at $0.0 in Q3 2025.
  • The 5-year median for Debt to Equity is $0.16 (2024), against an average of $0.26.
  • The largest annual shift saw Debt to Equity skyrocketed 2169.88% in 2022 before it plummeted 98.82% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.03 in 2021, then surged by 1739.98% to $0.51 in 2022, then crashed by 73.86% to $0.13 in 2023, then plummeted by 54.67% to $0.06 in 2024, then plummeted by 96.17% to $0.0 in 2025.
  • Per Business Quant, the three most recent readings for APD's Debt to Equity are $0.0 (Q3 2025), $0.29 (Q1 2025), and $0.06 (Q4 2024).