Air Products & Chemicals (APD) Interest Coverage Ratio (2009 - 2026)
Air Products & Chemicals (APD) posted Interest Coverage Ratio of 42.45 for Q2 2026, down 379.17% sequentially from 15.21 in Q1 2026, and down 429.69% YoY from 12.88 in Q2 2025.
Air Products & Chemicals (APD) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Air Products & Chemicals has reported Interest Coverage Ratio for 18 years, with the latest figure at 42.45 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 429.69% year-over-year to 42.45 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 2.68 (down 134.32% YoY) and the FY2025 annual result came in at 0.89, down 106.04% from the prior year.
- Interest Coverage Ratio retreated to 42.45 in Q2 2026 per APD's latest filing, from 15.21 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 48.78 in Q3 2024 and troughed at 55.17 in Q1 2025.
- A 5-year average of 7.94 and a median of 13.36 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio soared 2113.16% in 2024, then tumbled 618.59% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 15.83 in 2022, then fell by 21.23% to 12.47 in 2023, then gained by 21.2% to 15.11 in 2024, then fell by 10.8% to 13.48 in 2025, then slumped by 414.99% to 42.45 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 42.45, 15.21, and 13.48 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 41.87 |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 9.08 |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | -10.37 |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | -42.45 |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 9.32 |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | -15.41 |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 11.18 |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 3.43 |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 8.00 |
| 10 | Albemarle | 15.88 Bn | 14.25 Bn | 590.30 Mn | - |
Historic Data
Download 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 | 4.23 |
| Jun 30, 2023 | 13.59 |
| Mar 31, 2023 | 11.24 |
| Dec 31, 2022 | 15.83 |
| Sep 30, 2022 | 18.98 |
| Jun 30, 2022 | 19.19 |
| Mar 31, 2022 | 17.40 |
| Dec 31, 2021 | 17.15 |
| Sep 30, 2021 | 18.46 |