Air Products & Chemicals (APD) Interest Coverage Ratio (2009 - 2026)
Air Products & Chemicals (APD) reported Interest Coverage Ratio of 15.21 for Q1 2026, up 127.56% on a YoY basis from 6.68 in Q1 2025, and up 12.83% sequentially from 13.48 in Q4 2025.
Air Products & Chemicals (APD) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Air Products & Chemicals (APD) has 18 years of Interest Coverage Ratio data on file, last reported at 15.21 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 127.56% year-over-year to 15.21; the trailing twelve-month figure through Mar 2026 stood at 9.84 (up 26.66% YoY), and the FY2025 full-year result was 1.73, down 111.81% from the prior year.
- Interest Coverage Ratio grew to 15.21 in Q1 2026, 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 9.46 and a median of 13.24 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio soared 1275.71% in 2024 and sank 618.59% in 2025, its largest moves.
- Tracing APD's Interest Coverage Ratio over 5 years: stood at 15.83 in 2022, then slipped by 21.23% to 12.47 in 2023, then grew by 21.2% to 15.11 in 2024, then slipped by 10.8% to 13.48 in 2025, then gained by 12.83% to 15.21 in 2026.
- Business Quant data shows APD's Interest Coverage Ratio at 15.21 in Q1 2026, 13.48 in Q4 2025, and 0.25 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 39.34 |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 5.08 |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 8.59 |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 15.21 |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 6.26 |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 0.55 |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | -15.41 |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 0.62 |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 1.44 |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 11.20 |
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 | 3.55 |
| Jun 30, 2023 | 13.59 |
| Mar 31, 2023 | 11.24 |
| Dec 31, 2022 | 15.83 |
| Sep 30, 2022 | -6.82 |
| 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 |