Discontinued — last reported Q3 '23
Contract Assets
Air Products and Chemicals Contract Assets decreased by 31.1% to $97.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.7%, from $118.80M to $97.80M. Over 5 years (FY 2020 to FY 2025), Contract Assets shows an upward trend with a 22.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong project progress or service delivery ahead of billing cycles; a decrease may indicate slower project completion or faster billing.
Detailed definition
This represents the entity's right to consideration in exchange for goods or services that the entity has transferred to...
Peer comparison
Standard for companies with long-term service or construction-type contracts.
contract_assetsHistorical 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 | $85.20M | $119.40M | $34.10M | $56.80M | $53.00M | $69.00M | $81.90M | $74.20M | $70.50M | $124.70M | $119.30M | $97.20M | $97.60M | $76.20M | $100.10M | $118.80M | $135.40M | $152.60M | $142.00M | $97.80M |
| QoQ Change | — | +40.1% | -71.4% | +66.6% | -6.7% | +30.2% | +18.7% | -9.4% | -5.0% | +76.9% | -4.3% | -18.5% | +0.4% | -21.9% | +31.4% | +18.7% | +14.0% | +12.7% | -6.9% | -31.1% |
| YoY Change | — | — | — | — | -37.8% | -42.2% | +140.2% | +30.6% | +33.0% | +80.7% | +45.7% | +31.0% | +38.4% | -38.9% | -16.1% | +22.2% | +38.7% | +100.3% | +41.9% | -17.7% |
Contract Assets at Other Companies
Frequently Asked Questions
- What is Air Products and Chemicals's contract assets?
- Air Products and Chemicals (APD) reported contract assets of $97.80M in Q1 2026.
- How has Air Products and Chemicals's contract assets changed year-over-year?
- Air Products and Chemicals's contract assets decreased by 17.7% year-over-year, from $118.80M to $97.80M.
- What is the long-term trend for Air Products and Chemicals's contract assets?
- Over 5 years (2020 to 2025), Air Products and Chemicals's contract assets has grown at a 22.2% compound annual growth rate (CAGR), from $55.90M to $152.60M.
- What does contract assets mean?
- Revenue earned for work performed but not yet billed to the customer.