Air Products & Chemicals (APD) Dividend Coverage Ratio (2009 - 2026)
Air Products & Chemicals' (APD) Dividend Coverage Ratio stood at -3.58 in fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with 1.79 a year earlier.
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Analysis
Air Products & Chemicals (APD) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Air Products & Chemicals' Dividend Coverage Ratio came in at -0.03 as of Jun 30, 2026; for FY2025 (ended Sep 30, 2025), it was -0.25.
- Across earlier fiscal years, Dividend Coverage Ratio came in at 2.45 in FY2024 (+59.2%), 1.54 in FY2023 (-5.8%), 1.63 in FY2022 (-2.4%) and 1.67 in FY2021 (-2.3%).
- The fiscal Q3 2026 figure is the lowest quarterly Dividend Coverage Ratio since fiscal Q2 2025.
- On a year-over-year basis, Dividend Coverage Ratio rose in four of the last five quarters, with growth averaging 17.6%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 178.1% in fiscal Q4 2024, against a decline of 99.8% in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 1.78 (Q2 2026), 1.70 (Q1 2026) and 0.01 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 2.61 |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 2.23 |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | -3.58 |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | - |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 2.49 |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | - |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 7.29 |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | - |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn | 2.77 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.58 |
| Mar 31, 2026 | 1.78 |
| Dec 31, 2025 | 1.70 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 1.79 |
| Mar 31, 2025 | -4.39 |
| Dec 31, 2024 | 1.57 |
| Sep 30, 2024 | 4.96 |
| Jun 30, 2024 | 1.77 |
| Mar 31, 2024 | 1.47 |
| Dec 31, 2023 | 1.57 |
| Sep 30, 2023 | 1.78 |
| Jun 30, 2023 | 1.53 |
| Mar 31, 2023 | 1.22 |
| Dec 31, 2022 | 1.59 |
| Sep 30, 2022 | 1.62 |
| Jun 30, 2022 | 1.62 |
| Mar 31, 2022 | 1.60 |
| Dec 31, 2021 | 1.69 |
| Sep 30, 2021 | 1.84 |
API Access
Air Products & Chemicals Dividend Coverage 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=dividend-coverage-ratio&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();