Air Products & Chemicals (APD) Interest Coverage Ratio (2009 - 2026)

Air Products & Chemicals' (APD) quarterly Interest Coverage Ratio came in at 15.21 in Q1 2026, up 127.56% year-on-year from 6.68 in Q1 2025, and up 12.83% quarter-over-quarter from 13.48 in Q4 2025.

Air Products & Chemicals (APD) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Air Products & Chemicals has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 15.21 for Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 15.21, up 127.56% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.84 (up 26.66% YoY), and the FY2025 annual result was 4.1, down 120.08% from the prior year.
  • Interest Coverage Ratio came in at 15.21 for Q1 2026 at Air Products & Chemicals, up from 13.48 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 48.78 in Q3 2024 to a low of 55.17 in Q1 2025.
  • The 5-year median for Interest Coverage Ratio is 13.59 (2023), against an average of 11.69.
  • Across the five-year window, Interest Coverage Ratio jumped 217.02% in 2024 and tumbled 618.59% in 2025, its largest moves.
  • Air Products & Chemicals' Interest Coverage Ratio stood at 15.83 in 2022, then dropped by 21.23% to 12.47 in 2023, then increased by 21.2% to 15.11 in 2024, then dropped by 10.8% to 13.48 in 2025, then advanced by 12.83% to 15.21 in 2026.
  • The last three Interest Coverage Ratio figures came in at 15.21 (Q1 2026), 13.48 (Q4 2025), and 0.25 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 39.34
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -15.41
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 6.16
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn -11.07
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 15.21
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 9.05
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 6.20
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 7.50
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 1.73
10 Albemarle 18.85 Bn 18.02 Bn 500.97 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 15.21
Dec 31, 2025 13.48
Sep 30, 2025 0.25
Jun 30, 2025 12.88
Mar 31, 2025 -55.17
Dec 31, 2024 15.11
Sep 30, 2024 48.78
Jun 30, 2024 13.24
Mar 31, 2024 10.64
Dec 31, 2023 12.47
Sep 30, 2023 15.39
Jun 30, 2023 13.59
Mar 31, 2023 11.24
Dec 31, 2022 15.83
Sep 30, 2022 19.28
Jun 30, 2022 19.19
Mar 31, 2022 17.40
Dec 31, 2021 17.15
Sep 30, 2021 18.46
Jun 30, 2021 16.21