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Current ratio at other companies

Linde logo
LindeLIN
0.8×-0.1×
CF Industries logo
CF IndustriesCF
3.5×+0.9×
IR
Ingersoll RandIR
2.2×-0.2×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
0.9×+0.1×
Oneok logo
OneokOKE
0.7×0.0×
Atmos Energy logo
Atmos EnergyATO
-0.3×

Other financials

Income statement

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Revenue$3.2B+8.8%
Gross profit$987.4M+14.5%
Operating income$752.7M+132%
Net income$710.4M+141%
EPS (diluted)$3.19+141%

Balance sheet

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Cash & equivalents$951.0M-36.2%
Total debt$914.5M-35.2%
Total equity$15.6B+6.4%
Total assets$41.6B+7.1%

Cash flow

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Operating cash flow$1.1B+236%
CapEx$1.1B-41.4%
Free cash flow-$3.9M+99.8%

Valuation

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Market cap$62.74B-1.4%
Enterprise value$62.7B-1.4%
P/E29.8×-11.7×
P/S-0.3×

Profitability

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Gross margin32%0.0pp
Operating margin18.3%+6.0pp
Net margin16.9%+4.1pp

Returns & leverage

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Return on equity13.9%+3.5pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Air Products and Chemicals’s reported figures.

Based on the most recent quarter.

The official record: Air Products and Chemicals’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Air Products and Chemicals's current ratio?
Air Products and Chemicals (APD) reported current ratio of 1.4× in Q1 2026.
How has Air Products and Chemicals's current ratio changed year-over-year?
Air Products and Chemicals's current ratio increased by 43.3% year-over-year, from 1× to 1.4×.
What is the long-term trend for Air Products and Chemicals's current ratio?
Over 4 years (2021 to 2025), Air Products and Chemicals's current ratio has grown at a -20.5% compound annual growth rate (CAGR), from 12× to 4.8×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.