Air Products & Chemicals (APD) Interest Coverage Ratio (2009 - 2026)
Air Products & Chemicals' Interest Coverage Ratio came in at -42.45 for fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with 12.88 a year earlier.
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Analysis
Air Products & Chemicals (APD) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Air Products & Chemicals reported Interest Coverage Ratio of -2.68; for FY2025 (ended Sep 30, 2025), it was -4.10.
- Going back by fiscal year, Interest Coverage Ratio was 20.41 in FY2024 (+45.2%), 14.05 in FY2023 (-23.1%), 18.27 in FY2022 (+13.6%) and 16.09 in FY2021 (-21.4%).
- The fiscal Q3 2026 figure represents the lowest quarterly Interest Coverage Ratio since fiscal Q2 2025.
- Year-over-year, Interest Coverage Ratio increased in two of the last five quarters, with growth averaging 25.0%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in fiscal Q4 2024 (growth of 217.0%), and the weakest in fiscal Q4 2025 (a decline of 99.5%).
- Business Quant data shows APD's Interest Coverage Ratio at 15.21 (Q2 2026), 13.48 (Q1 2026) and 0.25 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.61 Bn | 213.19 Bn | 4.43 Bn | 41.87 |
| 2 | Corning | 117.01 Bn | 109.57 Bn | 1.63 Bn | 7.43 |
| 3 | Sherwin Williams | 82.08 Bn | 81.12 Bn | 3.34 Bn | 9.08 |
| 4 | Air Products & Chemicals | 67.43 Bn | 62.61 Bn | 1.04 Bn | -42.45 |
| 5 | LyondellBasell Industries | 40.38 Bn | 29.89 Bn | 2.04 Bn | 11.18 |
| 6 | Nutrien | 32.81 Bn | 29.64 Bn | 3.25 Bn | 10.27 |
| 7 | Qnity Electronics | 25.28 Bn | 22.42 Bn | 666.00 Mn | 6.03 |
| 8 | Ati | 24.98 Bn | 23.00 Bn | 309.80 Mn | - |
| 9 | Ppg Industries | 24.45 Bn | 17.11 Bn | 1.81 Bn | 9.32 |
| 10 | International Flavors & Fragrances | 23.15 Bn | 20.80 Bn | 853.00 Mn | 3.43 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -42.45 |
| 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 |
API Access
Air Products & Chemicals Interest 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=interest-coverage-ratio&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-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=interest-coverage-ratio&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();