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Saturday 17 October 2026 Export APD’s income statement to Excel — free account

Air Products and Chemicals, Inc.

APD Basic Materials Specialty Chemicals

Air Products and Chemicals, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $12.0 billion, down 0.52% from fiscal 2024. In the quarter to June 2026, revenue grew 4.58%, EPS fell 302.2%, free cash flow grew 180.1% and total debt rose 2.23%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

299.59 2.99 +1.01%
Market cap
$66.1B
P/E
0.0×
Fwd P/E
21.5×
Dividend yield
2.41%
F-score
2/9
Altman Z
2.41
Beneish M
−2.87
Dividend safety
20/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Air Products and Chemicals, Inc. (APD) Current ratio

Alert me on Current ratio

Air Products and Chemicals, Inc.'s current ratio at the end of the quarter to 30 June 2026 was 1.1×, down 0.3× from fiscal 2025 (1.4×). Over the past ten years it has ranged from 0.8× (fiscal 2015) to 3.6× (fiscal 2020); the current reading is higher than 36% of that period. That is below the Specialty Chemicals industry median of 1.9× and below the Basic Materials sector median of 2.3×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.4× (9.29%)
FY2024 1.5× 14.05%
FY2023 1.3× (26.36%)
FY2022 1.8× (39.42%)
FY2021 3.0× (16.73%)
FY2020 3.6× 41.69%
FY2019 2.5× 16.69%
FY2018 2.2× (7.95%)
FY2017 2.4× 79.55%
FY2016 1.3× 71.56%

Quarterly newest first

Period Current ratio Change
Jun 2026 1.1× (23.96%)
Mar 2026 1.4× (2.21%)
Dec 2025 1.5× 5.64%
Sep 2025 1.4× 6.92%
42 more quarters

Against its own ten years

Low 0.8× High 3.6×
Ten-year median 1.8×
Current reading's percentile 36

Current ratio against peers

Company Current ratio
DD DuPont de Nemours, Inc. compare 2.4×
IFF International Flavors & Fragrances Inc. compare 2.1×
ECL Ecolab Inc. compare 1.8×
RPM RPM International Inc. compare 1.8×
LYB LyondellBasell Industries N.V. compare 1.6×
PPG PPG Industries, Inc. compare 1.6×
APD Air Products and Chemicals, Inc. 1.1×
LIN Linde PLC compare 0.9×
SHW The Sherwin-Williams Company compare 0.7×
Specialty Chemicals industry median 1.9×
Basic Materials sector median 2.3×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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