Other Income & Expense

Interest Expense

Air Products and Chemicals Interest Expense decreased by 9.2% to $49.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.3%, from $42.20M to $49.50M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 10.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.

Detailed definition

Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...

Peer comparison

Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.

Metric ID: is_interest_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$35.60M$33.40M$30.50M$32.30M$32.70M$32.50M$41.20M$40.90M$47.40M$48.00M$53.50M$59.90M$55.70M$49.70M$42.60M$42.20M$61.40M$67.80M$54.50M$49.50M
QoQ Change-6.2%-8.7%+5.9%+1.2%-0.6%+26.8%-0.7%+15.9%+1.3%+11.5%+12.0%-7.0%-10.8%-14.3%-0.9%+45.5%+10.4%-19.6%-9.2%
YoY Change-8.1%-2.7%+35.1%+26.6%+45.0%+47.7%+29.9%+46.5%+17.5%+3.5%-20.4%-29.5%+10.2%+36.4%+27.9%+17.3%
Range$30.50M$67.80M
CAGR+7.2%
Avg YoY Growth+17.7%
Median YoY Growth+22.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Air Products and Chemicals's interest expense?
Air Products and Chemicals (APD) reported interest expense of $49.50M in Q1 2026.
How has Air Products and Chemicals's interest expense changed year-over-year?
Air Products and Chemicals's interest expense increased by 17.3% year-over-year, from $42.20M to $49.50M.
What is the long-term trend for Air Products and Chemicals's interest expense?
Over 4 years (2021 to 2025), Air Products and Chemicals's interest expense has grown at a 10.8% compound annual growth rate (CAGR), from $141.80M to $214.00M.
What does interest expense mean?
The cost of borrowing money, paid as interest on debt.