Air Products & Chemicals (APD) Interest Coverage Ratio (2009 - 2026)
Air Products & Chemicals recorded quarterly Interest Coverage Ratio of 15.21 in Q1 2026, up 12.83% quarter-over-quarter from 13.48 in Q4 2025, and up 127.56% year-over-year from 6.68 in Q1 2025.
Air Products & Chemicals' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 15.21 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 127.56% year-over-year to 15.21; the TTM figure through Mar 2026 stood at 9.84 (up 26.66% YoY), while the FY2025 annual figure 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.
- A 5-year average of 11.69 and a median of 13.59 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio surged 217.02% in 2024 and slumped 618.59% in 2025, its largest moves.
- Air Products & Chemicals' Interest Coverage Ratio stood at 15.83 in 2022, then declined by 21.23% to 12.47 in 2023, then rose by 21.2% to 15.11 in 2024, then declined by 10.8% to 13.48 in 2025, then climbed by 12.83% to 15.21 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 15.21, 13.48, and 0.25 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 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 | 72.51 Bn | 72.30 Bn | 2.78 Bn | 6.16 |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | -11.07 |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 15.21 |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 9.05 |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 1.73 |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | - |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 7.50 |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 6.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 15.19 |
| Dec 31, 2020 | 14.69 |
| Sep 30, 2020 | 14.29 |
| Jun 30, 2020 | 16.80 |
| Mar 31, 2020 | 29.91 |
| Dec 31, 2019 | 30.00 |
| Sep 30, 2019 | 20.04 |
| Jun 30, 2019 | 16.66 |
| Mar 31, 2019 | 14.59 |
| Dec 31, 2018 | 12.20 |
| Sep 30, 2018 | 15.08 |
| Jun 30, 2018 | 14.78 |
| Mar 31, 2018 | 14.98 |
| Dec 31, 2017 | 15.46 |
| Sep 30, 2017 | 14.85 |
| Jun 30, 2017 | 8.68 |
| Mar 31, 2017 | 12.97 |
| Dec 31, 2016 | 11.13 |
| Sep 30, 2016 | 12.14 |
| Jun 30, 2016 | 11.24 |
| Mar 31, 2016 | 14.46 |
| Dec 31, 2015 | 16.78 |
| Sep 30, 2015 | 21.46 |
| Jun 30, 2015 | 15.06 |
| Mar 31, 2015 | 16.11 |
| Dec 31, 2014 | 14.86 |
| Sep 30, 2014 | 5.34 |
| Jun 30, 2014 | 13.22 |
| Mar 31, 2014 | 12.21 |
| Dec 31, 2013 | 11.58 |
| Jun 30, 2013 | 10.82 |
| Mar 31, 2013 | 11.07 |
| Dec 31, 2012 | 10.40 |
| Sep 30, 2012 | 4.06 |
| Jun 30, 2012 | 18.57 |
| Mar 31, 2012 | 9.79 |
| Dec 31, 2011 | 12.03 |
| Sep 30, 2011 | 13.83 |
| Jun 30, 2011 | 14.63 |
| Mar 31, 2011 | 13.39 |
| Dec 31, 2010 | 10.68 |
| Sep 30, 2010 | 11.92 |
| Jun 30, 2010 | 11.21 |
| Mar 31, 2010 | 11.55 |
| Dec 31, 2009 | 10.92 |
| Sep 30, 2009 | 11.76 |
| Jun 30, 2009 | 5.23 |
| Mar 31, 2009 | 8.68 |