Air Products & Chemicals (APD) Liabilities and Shareholders Equity (2009 - 2026)
Air Products & Chemicals' Liabilities and Shareholders Equity came in at $40.45 billion for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 2.9% from $41.66 billion a year earlier and down 2.9% from the prior quarter.
Powered by 
Analysis
Air Products & Chemicals (APD) Liabilities and Shareholders Equity (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Air Products & Chemicals' Liabilities and Shareholders Equity was $41.06 billion, up 3.8% from FY2024.
- Liabilities and Shareholders Equity has increased in each of the last six fiscal years, with a five-year compound annual growth rate of 10.3% (FY2020 to FY2025).
- Going back by fiscal year, Liabilities and Shareholders Equity was $39.57 billion in FY2024 (+23.7%), $32 billion in FY2023 (+17.7%), $27.19 billion in FY2022 (+1.2%) and $26.86 billion in FY2021 (+6.7%).
- The fiscal Q3 2026 figure represents the lowest quarterly Liabilities and Shareholders Equity since fiscal Q2 2025.
- Year-over-year, Liabilities and Shareholders Equity increased in seven of the last eight quarters, with growth averaging 9.1%.
- The fastest year-over-year change in Liabilities and Shareholders Equity over five years came in fiscal Q4 2024 (growth of 23.7%), and the weakest in fiscal Q3 2026 (a decline of 2.9%).
- Business Quant data shows APD's Liabilities and Shareholders Equity at $41.64 billion (Q2 2026), $41.24 billion (Q1 2026) and $41.06 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 88.35 Bn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 32.96 Bn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 26.95 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 40.45 Bn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 41.64 Bn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 34.48 Bn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 53.56 Bn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 14.33 Bn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 5.74 Bn |
| 10 | Ppg Industries | 23.19 Bn | 15.99 Bn | 1.81 Bn | 22.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.45 Bn |
| Mar 31, 2026 | 41.64 Bn |
| Dec 31, 2025 | 41.24 Bn |
| Sep 30, 2025 | 41.06 Bn |
| Jun 30, 2025 | 41.66 Bn |
| Mar 31, 2025 | 38.87 Bn |
| Dec 31, 2024 | 40.02 Bn |
| Sep 30, 2024 | 39.57 Bn |
| Jun 30, 2024 | 36.97 Bn |
| Mar 31, 2024 | 35.92 Bn |
| Dec 31, 2023 | 34.12 Bn |
| Sep 30, 2023 | 32.00 Bn |
| Jun 30, 2023 | 30.93 Bn |
| Mar 31, 2023 | 29.44 Bn |
| Dec 31, 2022 | 28.28 Bn |
| Sep 30, 2022 | 27.19 Bn |
| Jun 30, 2022 | 27.49 Bn |
| Mar 31, 2022 | 27.45 Bn |
| Dec 31, 2021 | 27.13 Bn |
| Sep 30, 2021 | 26.86 Bn |
API Access
Air Products & Chemicals Liabilities and Shareholders Equity 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=liabilities-and-shareholders-equity&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "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=liabilities-and-shareholders-equity&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();