Non-Current Assets
PP&E (Net)
Air Products and Chemicals PP&E (Net) increased by 2.1% to $26.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $24.03B to $26.69B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 16.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.
Detailed definition
The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...
Peer comparison
Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.
Metric ID:
property_plant_equipment_netHistorical Data
20 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.04B | $13.25B | $13.62B | $14.10B | $14.13B | $14.16B | $15.04B | $15.70B | $16.51B | $17.47B | $18.94B | $20.00B | $21.48B | $23.37B | $24.73B | $24.03B | $25.64B | $25.34B | $26.14B | $26.69B |
| QoQ Change | — | +1.7% | +2.8% | +3.5% | +0.3% | +0.2% | +6.2% | +4.4% | +5.2% | +5.8% | +8.4% | +5.6% | +7.4% | +8.8% | +5.8% | -2.8% | +6.7% | -1.2% | +3.2% | +2.1% |
| YoY Change | — | — | — | — | +8.4% | +6.8% | +10.4% | +11.4% | +16.8% | +23.4% | +25.9% | +27.4% | +30.1% | +33.8% | +30.6% | +20.2% | +19.4% | +8.4% | +5.7% | +11.1% |
Range$13.04B – $26.69B
CAGR+16.3%
Avg YoY Growth+18.1%
Median YoY Growth+18.1%
Current Streak2 quarters growth
Geographic Breakdown
| Segment | Q3 '21 | Q3 '22 | Q3 '23 | Q3 '24 | Q3 '25 |
|---|---|---|---|---|---|
| Other foreign operations | $3.93B | $4.25B | $4.48B | $5.29B | $6.86B |
| Total | $13.25B | $14.16B | $17.47B | $23.37B | $25.34B |
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Air Products and Chemicals's pp&e (net)?
- Air Products and Chemicals (APD) reported pp&e (net) of $26.69B in Q1 2026.
- How has Air Products and Chemicals's pp&e (net) changed year-over-year?
- Air Products and Chemicals's pp&e (net) increased by 11.1% year-over-year, from $24.03B to $26.69B.
- What is the long-term trend for Air Products and Chemicals's pp&e (net)?
- Over 5 years (2020 to 2025), Air Products and Chemicals's pp&e (net) has grown at a 16.2% compound annual growth rate (CAGR), from $11.96B to $25.34B.
- What does pp&e (net) mean?
- The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.