Air Products & Chemicals (APD) Operating Leases (2022 - 2026)
Air Products & Chemicals (APD) reported Operating Leases of $489.8 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 24.2% from $646.6 million a year earlier and down 18.4% from the prior quarter.
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Analysis
Air Products & Chemicals (APD) Operating Leases (2022 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Air Products & Chemicals posted Operating Leases of $616 million, down 9.1% from FY2024.
- Operating Leases has a three-year compound annual growth rate of 1.3% (FY2022 to FY2025).
- By fiscal year, Operating Leases came in at $677.9 million in FY2024 (+7.4%), $631.1 million in FY2023 (+6.6%) and $592.1 million in FY2022.
- The fiscal Q3 2026 figure ranks as the lowest quarterly Operating Leases in data going back to fiscal Q4 2022.
- Year over year, Operating Leases has now declined in each of the last four quarters, with an average decline of 4.6% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was fiscal Q4 2024 (growth of 7.4%); the low point was fiscal Q3 2026 (a decline of 24.2%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $600.1 million (Q2 2026), $607 million (Q1 2026) and $616 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 232.92 Bn | 214.50 Bn | 4.43 Bn |
| 2 | Corning | 114.46 Bn | 107.03 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 80.97 Bn | 80.01 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 66.60 Bn | 61.78 Bn | 1.04 Bn |
| 5 | LyondellBasell Industries | 41.19 Bn | 30.70 Bn | 2.04 Bn |
| 6 | Nutrien | 33.79 Bn | 30.61 Bn | 3.25 Bn |
| 7 | Ati | 25.83 Bn | 23.86 Bn | 309.80 Mn |
| 8 | Qnity Electronics | 24.96 Bn | 22.09 Bn | 666.00 Mn |
| 9 | Ppg Industries | 23.98 Bn | 16.63 Bn | 1.81 Bn |
| 10 | International Flavors & Fragrances | 23.16 Bn | 20.82 Bn | 853.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 489.80 Mn |
| Mar 31, 2026 | 600.10 Mn |
| Dec 31, 2025 | 607.00 Mn |
| Sep 30, 2025 | 616.00 Mn |
| Jun 30, 2025 | 646.60 Mn |
| Mar 31, 2025 | 637.40 Mn |
| Dec 31, 2024 | 655.10 Mn |
| Sep 30, 2024 | 677.90 Mn |
| Jun 30, 2024 | 639.30 Mn |
| Mar 31, 2024 | 652.10 Mn |
| Dec 31, 2023 | 635.10 Mn |
| Sep 30, 2023 | 631.10 Mn |
| Jun 30, 2023 | 635.50 Mn |
| Mar 31, 2023 | 632.30 Mn |
| Dec 31, 2022 | 627.40 Mn |
| Sep 30, 2022 | 592.10 Mn |
API Access
Air Products & Chemicals Operating Leases 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=operating-leases&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();