Air Products & Chemicals (APD) Net Long-Term Debt Issued (Repaid) (2009 - 2026)
Air Products & Chemicals (APD) recorded Non-Current Debt of $16.59 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.8% from $16.46 billion a year earlier but down 2.9% from the prior quarter.
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Analysis
Air Products & Chemicals (APD) Net Long-Term Debt Issued (Repaid) (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Air Products & Chemicals reported Non-Current Debt of $16.77 billion, up 23.9% from FY2024.
- Annual Non-Current Debt has increased for three straight fiscal years, with a five-year compound annual growth rate of 18.6% (FY2020 to FY2025).
- Across earlier fiscal years, Non-Current Debt came in at $13.53 billion in FY2024 (+43.5%), $9.43 billion in FY2023 (+46.6%), $6.43 billion in FY2022 (-6.4%) and $6.88 billion in FY2021 (-3.6%).
- Quarterly Non-Current Debt has ranged from $6.35 billion in fiscal Q3 2022 to $34.41 billion in fiscal Q1 2026 over the past five years.
- On a year-over-year basis, Non-Current Debt has increased for 14 consecutive quarters, with growth averaging 37.6% over the last eight quarters.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 159.3% in fiscal Q1 2026, against a decline of 7.9% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $17.09 billion (Q2 2026), $34.41 billion (Q1 2026) and $16.77 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 240.05 Bn | 222.19 Bn | 4.44 Bn | -935.00 Mn |
| 2 | Corning | 98.92 Bn | 90.60 Bn | 1.81 Bn | -376.00 Mn |
| 3 | Sherwin Williams | 85.37 Bn | 84.39 Bn | 3.28 Bn | -500.00 Mn |
| 4 | Air Products & Chemicals | 69.54 Bn | 64.73 Bn | 1.04 Bn | 130.70 Mn |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.20 Bn | 1.50 Bn | - |
| 6 | Nutrien | 35.31 Bn | 31.85 Bn | 1.86 Bn | 16.00 Mn |
| 7 | Ppg Industries | 27.77 Bn | 20.69 Bn | 1.76 Bn | - |
| 8 | Qnity Electronics | 26.05 Bn | 22.19 Bn | 743.00 Mn | -366.00 Mn |
| 9 | Ati | 25.79 Bn | 23.75 Bn | 380.20 Mn | -359.00 Mn |
| 10 | Dow | 22.69 Bn | 6.65 Bn | 1.38 Bn | -381.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 130.70 Mn |
| Mar 31, 2026 | 37.60 Mn |
| Dec 31, 2025 | -187.10 Mn |
| Sep 30, 2025 | 358.70 Mn |
| Jun 30, 2025 | 1.93 Bn |
| Mar 31, 2025 | 1.22 Bn |
| Dec 31, 2024 | 447.10 Mn |
| Sep 30, 2024 | 148.90 Mn |
| Jun 30, 2024 | 458.90 Mn |
| Mar 31, 2024 | 2.83 Bn |
| Dec 31, 2023 | 755.60 Mn |
| Sep 30, 2023 | 1.39 Bn |
| Jun 30, 2023 | 214.90 Mn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 280.40 Mn |
| Sep 30, 2022 | 409.20 Mn |
| Jun 30, 2022 | 269.50 Mn |
| Mar 31, 2022 | 35.90 Mn |
| Dec 31, 2021 | -348.40 Mn |
| Sep 30, 2021 | 17.90 Mn |
API Access
Air Products & Chemicals Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();