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Debt-to-equity at other companies

Linde logo
LindeLIN
0.8×+0.1×
CF Industries logo
CF IndustriesCF
0.7×0.0×
IR
Ingersoll RandIR
0.5×0.0×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
1.1×+0.1×
Oneok logo
OneokOKE
1.4×0.0×
Atmos Energy logo
Atmos EnergyATO
0.7×0.0×

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
Current ratio1.4×+0.4×

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 debt-to-equity?
Air Products and Chemicals (APD) reported debt-to-equity of 0.1× in Q1 2026.
How has Air Products and Chemicals's debt-to-equity changed year-over-year?
Air Products and Chemicals's debt-to-equity decreased by 39.1% year-over-year, from 0.1× to 0.1×.
What is the long-term trend for Air Products and Chemicals's debt-to-equity?
Over 4 years (2021 to 2025), Air Products and Chemicals's debt-to-equity has grown at a 54.7% compound annual growth rate (CAGR), from 0× to 0.3×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.