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

Air Products and Chemicals, Inc. (APD) Total debt

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Air Products and Chemicals, Inc.'s total debt at the end of fiscal 2025 was $17.7B, up 24.9% from $14.1B in fiscal 2024. At the end of the quarter to 30 June 2026 it was $17.5B. Over the past ten years it has ranged from $3.3B (fiscal 2019) to $17.7B (fiscal 2025) — the current reading is the highest in ten years. Air Products and Chemicals, Inc. ranks 2nd of 60 Specialty Chemicals companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $17.7B 24.88%
FY2024 $14.1B 40.79%
FY2023 $10.0B 31.60%
FY2022 $7.6B (0.01%)
FY2021 $7.6B (3.36%)
FY2020 $7.9B 141.76%
FY2019 $3.3B (13.05%)
FY2018 $3.8B (1.58%)
FY2017 $3.8B (10.67%)
FY2016 $4.3B (2.50%)

Quarterly newest first

Period Total debt Change
Jun 2026 $17.5B 0.56%
Mar 2026 $17.4B (0.12%)
Dec 2025 $17.5B (1.12%)
Sep 2025 $17.7B 2.95%
42 more quarters

Against its own ten years

Low $3.3B High $17.7B
Ten-year median $7.6B
Current reading's percentile 100

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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