Air Products & Chemicals (APD) Minority Interest (2009 - 2026)
Air Products & Chemicals (APD) recorded Minority Interest of $2.71 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 21.6% from $2.23 billion a year earlier and up 8.5% from the prior quarter.
Air Products & Chemicals (APD) Minority Interest (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Air Products & Chemicals reported Minority Interest of $2.32 billion, up 42.0% from FY2024.
- Annual Minority Interest has increased for eight straight fiscal years, with a five-year compound annual growth rate of 45.0% (FY2020 to FY2025).
- Across earlier fiscal years, Minority Interest came in at $1.64 billion in FY2024 (+21.5%), $1.35 billion in FY2023 (+141.3%), $558.4 million in FY2022 (+1.8%) and $548.3 million in FY2021 (+50.9%).
- The fiscal Q3 2026 figure is the highest quarterly Minority Interest in data going back to fiscal Q3 2009.
- On a year-over-year basis, Minority Interest has increased for 35 consecutive quarters, with growth averaging 34.2% over the last eight quarters.
- The year-over-year growth in Minority Interest has ranged between 1.8% (fiscal Q4 2022) and 141.3% (fiscal Q4 2023) over the last five years.
- Per Business Quant, the preceding three fiscal quarters came in at $2.5 billion (Q2 2026), $2.43 billion (Q1 2026) and $2.32 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.71 Bn |
| Mar 31, 2026 | 2.50 Bn |
| Dec 31, 2025 | 2.43 Bn |
| Sep 30, 2025 | 2.32 Bn |
| Jun 30, 2025 | 2.23 Bn |
| Mar 31, 2025 | 2.08 Bn |
| Dec 31, 2024 | 2.05 Bn |
| Sep 30, 2024 | 1.64 Bn |
| Jun 30, 2024 | 1.59 Bn |
| Mar 31, 2024 | 1.42 Bn |
| Dec 31, 2023 | 1.26 Bn |
| Sep 30, 2023 | 1.35 Bn |
| Jun 30, 2023 | 1.23 Bn |
| Mar 31, 2023 | 631.90 Mn |
| Dec 31, 2022 | 581.70 Mn |
| Sep 30, 2022 | 558.40 Mn |
| Jun 30, 2022 | 571.80 Mn |
| Mar 31, 2022 | 555.60 Mn |
| Dec 31, 2021 | 550.50 Mn |
| Sep 30, 2021 | 548.30 Mn |
Air Products & Chemicals Minority Interest 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=minority-interest&ticker=APD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();