Air Products & Chemicals annual current ratio
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2021
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2024
2025
Air Products & Chemicals Current Ratio Growth & History (APD)
Air Products & Chemicals's current ratio was 1.38 for fiscal 2025.
View full Air Products & Chemicals company overviewAir Products & Chemicals annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 1.38 | −0.14 | −9.29% |
| 2024 | 2024-09-30 | 1.52 | 0.19 | +14.05% |
| 2023 | 2023-09-30 | 1.33 | −0.48 | −26.36% |
| 2022 | 2022-09-30 | 1.81 | −1.18 | −39.42% |
| 2021 | 2021-09-30 | 2.99 | −0.60 | −16.73% |
| 2020 | 2020-09-30 | 3.59 | 1.06 | +41.69% |
| 2019 | 2019-09-30 | 2.54 | 0.36 | +16.69% |
| 2018 | 2018-10-01 | 2.17 | −0.19 | −7.95% |
| 2017 | 2017-09-30 | 2.36 | 1.05 | +79.55% |
| 2016 | 2016-09-30 | 1.32 | 0.55 | +71.56% |
| 2015 | 2015-09-30 | 0.77 | −0.35 | −31.07% |
| 2014 | 2014-09-30 | 1.11 | 0.05 | +4.36% |
| 2013 | 2013-09-30 | 1.07 | −0.20 | −16.09% |
| 2012 | 2012-09-30 | 1.27 | −0.09 | −6.76% |
| 2011 | 2011-09-30 | 1.36 | 0.01 | +0.75% |
| 2010 | 2010-09-30 | 1.35 | 0.15 | +12.90% |
| 2009 | 2009-09-30 | 1.20 | −0.09 | −7.00% |
| 2008 | 2008-09-30 | 1.29 | — | — |
Air Products & Chemicals quarterly current ratio
Q4.08
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
As of Sep 30, 2018
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 1.08 | −0.21 | −16.01% |
| Q2 2026 | 2026-03-31 | 1.43 | 0.43 | +43.31% |
| Q1 2026 | 2025-12-31 | 1.46 | 0.35 | +31.11% |
| Q4 2025 | 2025-09-30 | 1.38 | −0.14 | −9.29% |
| Q3 2025 | 2025-06-30 | 1.29 | 0.02 | +1.80% |
| Q2 2025 | 2025-03-31 | 1.00 | −0.50 | −33.25% |
| Q1 2025 | 2024-12-31 | 1.11 | −0.70 | −38.56% |
| Q4 2024 | 2024-09-30 | 1.52 | 0.19 | +14.05% |
| Q3 2024 | 2024-06-30 | 1.27 | −0.09 | −6.44% |
| Q2 2024 | 2024-03-31 | 1.49 | −0.55 | −27.06% |
| Q1 2024 | 2023-12-31 | 1.81 | −0.12 | −6.11% |
| Q4 2023 | 2023-09-30 | 1.33 | −0.48 | −26.36% |
| Q3 2023 | 2023-06-30 | 1.36 | −0.51 | −27.43% |
| Q2 2023 | 2023-03-31 | 2.04 | 0.10 | +4.88% |
| Q1 2023 | 2022-12-31 | 1.93 | −0.54 | −21.75% |
| Q4 2022 | 2022-09-30 | 1.81 | −1.18 | −39.42% |
| Q3 2022 | 2022-06-30 | 1.87 | −1.24 | −39.83% |
| Q2 2022 | 2022-03-31 | 1.95 | −0.96 | −32.89% |
| Q1 2022 | 2021-12-31 | 2.47 | −0.49 | −16.45% |
| Q4 2021 | 2021-09-30 | 2.99 | −0.60 | −16.73% |
| Q3 2021 | 2021-06-30 | 3.11 | −0.37 | −10.65% |
| Q2 2021 | 2021-03-31 | 2.91 | 0.31 | +11.97% |
| Q1 2021 | 2020-12-31 | 2.95 | 0.36 | +13.71% |
| Q4 2020 | 2020-09-30 | 3.59 | 1.06 | +41.69% |
| Q3 2020 | 2020-06-30 | 3.48 | 1.20 | +52.42% |
| Q2 2020 | 2020-03-31 | 2.59 | 0.23 | +9.88% |
| Q1 2020 | 2019-12-31 | 2.59 | 0.39 | +17.43% |
| Q4 2019 | 2019-09-30 | 2.54 | — | — |
| Q3 2019 | 2019-06-30 | 2.28 | −0.12 | −4.82% |
| Q2 2019 | 2019-03-31 | 2.36 | −0.72 | −23.32% |
| Q1 2019 | 2018-12-31 | 2.21 | −0.71 | −24.43% |
| Q4 2018 | 2018-10-01 | 2.17 | −0.19 | −7.95% |
| As of Sep 30, 2018 | 2018-09-30 | 2.17 | −0.19 | −7.95% |
| Q3 2018 | 2018-06-30 | 2.40 | 0.20 | +9.04% |
| Q2 2018 | 2018-03-31 | 3.08 | 1.05 | +51.37% |
| Q1 2018 | 2017-12-31 | 2.92 | 1.71 | +141.39% |
| Q4 2017 | 2017-09-30 | 2.36 | 1.05 | +79.55% |
| Q3 2017 | 2017-06-30 | 2.20 | 1.27 | +137.97% |
| Q2 2017 | 2017-03-31 | 2.03 | 1.24 | +157.66% |
| Q1 2017 | 2016-12-31 | 1.21 | 0.43 | +55.71% |
| Q4 2016 | 2016-09-30 | 1.32 | 0.55 | +71.56% |
| Q3 2016 | 2016-06-30 | 0.92 | −0.14 | −13.11% |
| Q2 2016 | 2016-03-31 | 0.79 | −0.22 | −21.89% |
| Q1 2016 | 2015-12-31 | 0.78 | −0.27 | −25.56% |
| Q4 2015 | 2015-09-30 | 0.77 | −0.35 | −31.07% |
| Q3 2015 | 2015-06-30 | 1.06 | 0.00 | +0.44% |
| Q2 2015 | 2015-03-31 | 1.01 | −0.05 | −4.73% |
| Q1 2015 | 2014-12-31 | 1.05 | −0.01 | −1.30% |
| Q4 2014 | 2014-09-30 | 1.11 | 0.05 | +4.36% |
| Q3 2014 | 2014-06-30 | 1.06 | 0.02 | +2.08% |
| Q2 2014 | 2014-03-31 | 1.06 | 0.01 | +1.15% |
| Q1 2014 | 2013-12-31 | 1.06 | −0.14 | −11.84% |
| Q4 2013 | 2013-09-30 | 1.07 | −0.20 | −16.09% |
| Q3 2013 | 2013-06-30 | 1.04 | −0.38 | −27.02% |
| Q2 2013 | 2013-03-31 | 1.05 | −0.27 | −20.32% |
| Q1 2013 | 2012-12-31 | 1.20 | −0.16 | −11.63% |
| Q4 2012 | 2012-09-30 | 1.27 | −0.09 | −6.76% |
| Q3 2012 | 2012-06-30 | 1.42 | −0.14 | −8.80% |
| Q2 2012 | 2012-03-31 | 1.32 | −0.03 | −2.20% |
| Q1 2012 | 2011-12-31 | 1.36 | −0.12 | −8.28% |
| Q4 2011 | 2011-09-30 | 1.36 | 0.01 | +0.75% |
| Q3 2011 | 2011-06-30 | 1.56 | 0.28 | +22.29% |
| Q2 2011 | 2011-03-31 | 1.35 | 0.14 | +11.89% |
| Q1 2011 | 2010-12-31 | 1.48 | 0.18 | +14.19% |
| Q4 2010 | 2010-09-30 | 1.35 | 0.15 | +12.90% |
| Q3 2010 | 2010-06-30 | 1.27 | −0.16 | −11.20% |
| Q2 2010 | 2010-03-31 | 1.20 | — | — |
| Q1 2010 | 2009-12-31 | 1.30 | — | — |
| Q4 2009 | 2009-09-30 | 1.20 | −0.09 | −7.00% |
| Q3 2009 | 2009-06-30 | 1.43 | — | — |
| Q4 2008 | 2008-09-30 | 1.29 | — | — |
Air Products & Chemicals current ratio trends
Over the last five fiscal years, Air Products & Chemicals's current ratio decreased from 3.59 to 1.38, a change of −2.21. The latest reported quarter, Q3 2026, shows 1.08.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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