Cash & Equivalents
Air Products and Chemicals Cash & Equivalents decreased by 7.3% to $951.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 36.2%, from $1.49B to $951.00M. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows a downward trend with a -18.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| 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 | $4.29B | $4.47B | $2.95B | $2.35B | $2.96B | $2.71B | $3.13B | $2.24B | $1.64B | $1.62B | $1.96B | $2.54B | $2.38B | $2.98B | $1.85B | $1.49B | $2.32B | $1.86B | $1.03B | $951.00M |
| QoQ Change | — | +4.1% | -33.9% | -20.5% | +25.9% | -8.3% | +15.5% | -28.4% | -27.0% | -1.3% | +21.4% | +29.2% | -6.3% | +25.4% | -38.1% | -19.2% | +55.8% | -20.1% | -44.7% | -7.3% |
| YoY Change | — | — | — | — | -31.1% | -39.3% | +6.0% | -4.5% | -44.6% | -40.4% | -37.3% | +13.0% | +45.1% | +84.3% | -6.0% | -41.2% | -2.2% | -37.7% | -44.4% | -36.2% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Air Products and Chemicals's cash & equivalents?
- Air Products and Chemicals (APD) reported cash & equivalents of $951.00M in Q1 2026.
- How has Air Products and Chemicals's cash & equivalents changed year-over-year?
- Air Products and Chemicals's cash & equivalents decreased by 36.2% year-over-year, from $1.49B to $951.00M.
- What is the long-term trend for Air Products and Chemicals's cash & equivalents?
- Over 5 years (2020 to 2025), Air Products and Chemicals's cash & equivalents has grown at a -18.8% compound annual growth rate (CAGR), from $5.25B to $1.86B.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.