Air Products & Chemicals (APD) Total Debt (2009 - 2026)
Air Products & Chemicals (APD) recorded Total Debt of $17.48 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 1.2% from $17.69 billion a year earlier and down 0.5% from the prior quarter.
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Analysis
Air Products & Chemicals (APD) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Air Products & Chemicals reported Total Debt of $17.52 billion, up 23.1% from FY2024.
- Annual Total Debt has increased for three straight fiscal years, with a five-year compound annual growth rate of 18.1% (FY2020 to FY2025).
- Across earlier fiscal years, Total Debt came in at $14.23 billion in FY2024 (+38.1%), $10.31 billion in FY2023 (+47.4%), $6.99 billion in FY2022 (-5.0%) and $7.36 billion in FY2021 (-3.3%).
- The fiscal Q3 2026 figure is the lowest quarterly Total Debt since fiscal Q2 2025.
- On a year-over-year basis, Total Debt rose in seven of the last eight quarters, with growth averaging 34.0%.
- Peak year-over-year performance for Total Debt in the last five years was growth of 139.4% in fiscal Q1 2026, against a decline of 7.8% in fiscal Q1 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $17.57 billion (Q2 2026), $34.65 billion (Q1 2026) and $17.52 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn | 28.01 Bn |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn | 8.47 Bn |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn | 12.07 Bn |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn | 17.48 Bn |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn | 4.88 Bn |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn | 12.91 Bn |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn | 11.39 Bn |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn | 4.02 Bn |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn | 2.19 Bn |
| 10 | Ppg Industries | 23.55 Bn | 16.36 Bn | 1.81 Bn | 6.89 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.48 Bn |
| Mar 31, 2026 | 17.57 Bn |
| Dec 31, 2025 | 34.65 Bn |
| Sep 30, 2025 | 17.52 Bn |
| Jun 30, 2025 | 17.69 Bn |
| Mar 31, 2025 | 15.86 Bn |
| Dec 31, 2024 | 14.47 Bn |
| Sep 30, 2024 | 14.23 Bn |
| Jun 30, 2024 | 14.03 Bn |
| Mar 31, 2024 | 13.62 Bn |
| Dec 31, 2023 | 12.11 Bn |
| Sep 30, 2023 | 10.31 Bn |
| Jun 30, 2023 | 9.39 Bn |
| Mar 31, 2023 | 8.45 Bn |
| Dec 31, 2022 | 7.40 Bn |
| Sep 30, 2022 | 6.99 Bn |
| Jun 30, 2022 | 7.10 Bn |
| Mar 31, 2022 | 7.16 Bn |
| Dec 31, 2021 | 7.09 Bn |
| Sep 30, 2021 | 7.36 Bn |
API Access
Air Products & Chemicals Total Debt 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=total-debt&ticker=APD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-debt&ticker=APD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();