Air Products and Chemicals Balance Sheet
NYSE: APDBasic MaterialsMajor ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Air Products and Chemicals financial position
At the end of fiscal 2025, Air Products and Chemicals reported total assets of $41.06 billion, up 3.8% from a year earlier against total liabilities of $23.71 billion. Shareholders' equity stood at $15.02 billion, or 36.6% of assets. The company held $1.86 billion in cash and equivalents against $18.41 billion of debt, a net debt position of $16.56 billion.
The current ratio (current assets divided by current liabilities) was 1.38, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.23.
Summary generated from market data by MetaCap's automated system. Methodology
Air Products and Chemicals balance sheet (annual)
| Fiscal year (USD) | FY 20252025-09-30 | FY 20242024-09-30 | FY 20232023-09-30 | FY 20222022-09-30 | FY 20212021-09-30 | FY 20202020-09-30 | FY 20192019-09-30 | FY 20182018-09-30 | FY 20172017-09-30 | FY 20162016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.86B | 2.98B | 1.62B | 2.71B | 4.47B | 5.25B | 2.25B | 2.79B | 3.27B | 1.29B |
| Short-Term Investments | 0 | 5.00M | 332.20M | 590.70M | 1.33B | 1.10B | 166.00M | 184.70M | 404.00M | 0 |
| Receivables | 1.90B | 1.82B | 1.70B | 1.79B | 1.45B | 1.27B | 1.26B | 1.21B | 1.17B | 1.15B |
| Inventory | 776.50M | 766.00M | 651.80M | 514.20M | 453.90M | 404.80M | 388.30M | 396.10M | 335.40M | 255.00M |
| Total Current Assets | 5.83B | 6.36B | 5.20B | 6.28B | 8.38B | 8.68B | 4.62B | 5.08B | 5.88B | 4.32B |
| Property, Plant & Equipment | 25.34B | 23.37B | 17.47B | 14.16B | 13.25B | 11.96B | 10.34B | 9.92B | 8.44B | 8.26B |
| Goodwill | 963.90M | 905.10M | 861.70M | 823.00M | 911.50M | 891.50M | 797.10M | 788.90M | 721.50M | 845.10M |
| Intangible Assets | 293.50M | 311.60M | 334.60M | 347.50M | 420.70M | 435.80M | 419.50M | 438.50M | 368.30M | 387.90M |
| Total Assets | 41.06B | 39.57B | 32.00B | 27.19B | 26.86B | 25.17B | 18.94B | 19.18B | 18.47B | 18.03B |
| Accounts Payable | 1.44B | 1.45B | 1.21B | 1.12B | 736.80M | 546.20M | 528.20M | 594.60M | 659.50M | 578.80M |
| Short-Term Debt | 751.00M | 694.90M | 874.50M | 559.00M | 486.90M | 477.70M | 98.60M | 460.90M | 560.40M | 1.30B |
| Total Current Liabilities | 4.22B | 4.18B | 3.90B | 3.47B | 2.80B | 2.42B | 1.82B | 2.34B | 2.49B | 3.28B |
| Long-Term Debt | 17.66B | 14.14B | 10.05B | 6.43B | 6.88B | 7.13B | 2.91B | 2.97B | 3.40B | 3.91B |
| Total Liabilities | 23.71B | 20.90B | 16.34B | 13.49B | 12.77B | 12.73B | 7.55B | 8.00B | 8.28B | 10.82B |
| Shareholders' Equity | 15.02B | 17.04B | 14.31B | 13.14B | 13.54B | 12.08B | 11.05B | 10.86B | 10.09B | 7.08B |
| Retained Earnings | 17.56B | 19.55B | 17.29B | 16.52B | 15.68B | 14.88B | 14.14B | 13.41B | 12.85B | 10.48B |
| Total Debt | 18.41B | 14.84B | 10.92B | 6.99B | 7.36B | 7.61B | 3.01B | 3.43B | 3.96B | 5.21B |
| Net Cash (Debt) | -16.56B | -11.85B | -8.97B | -3.69B | -1.56B | -1.25B | -591.20M | -452.30M | -285.20M | -3.92B |
| Shares Outstanding | 222.59M | 222.37M | 222.20M | 221.84M | 221.40M | 221.02M | 220.42M | 219.52M | 218.35M | 217.35M |
This table shows 10 annual periods of Air Products and Chemicals's balance sheet, from FY 2025 back to FY 2016, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow APD's reporting calendar. What is a balance sheet?