What is Air Products and Chemicals's D&A?

Air Products and Chemicals (APD) reported D&A of $375M in Q1 2026.

How has Air Products and Chemicals's D&A changed year-over-year?

Air Products and Chemicals's D&A decreased by 2.2% year-over-year, from $383.6M to $375M.

What is the long-term trend for Air Products and Chemicals's D&A?

Over 4 years (2021 to 2025), Air Products and Chemicals's D&A has grown at a 4.3% compound annual growth rate (CAGR), from $1.32B to $1.56B.

Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

Air Products and Chemicals APD D&A

D&A at other companies

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$46.8M+0.6%

LindeLIN

$951M+4.5%

HWK

HawkinsHWKN

$13.58M+28.3%

Ichor HoldingsICHR

$2.08M0.0%

USA Compression PartnersUSAC

$87.15M+23.8%

Range ResourcesRRC

——

Segments

By segment

See full

Americas$171.7M-3.8%

Asia$116.8M-11.4%

Europe$72.5M+27.6%

Corporate And Other$8M-21.6%

Middle East and India$6M-6.3%

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

See full

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

See full

Operating cash flow$1.1B+236%

CapEx$1.1B-41.4%

Free cash flow-$3.9M+99.8%

Valuation

See full

Market cap$65.29B+11.1%

Enterprise value$65.25B+13.1%

P/E31.1×-6.8×

P/S5.2×+0.4×

Profitability

See full

Gross margin32%0.0pp

Operating margin18.3%+6.0pp

Net margin16.9%+4.1pp

FCF margin-10%-4.2pp

Returns & leverage

See full

Return on equity13.9%+3.5pp

Debt / equity0.1×0.0×

Current ratio1.4×+0.4×

Where this comes from

Reported directly by Air Products and Chemicals in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

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 D&A?: Air Products and Chemicals (APD) reported D&A of $375M in Q1 2026.
How has Air Products and Chemicals's D&A changed year-over-year?: Air Products and Chemicals's D&A decreased by 2.2% year-over-year, from $383.6M to $375M.
What is the long-term trend for Air Products and Chemicals's D&A?: Over 4 years (2021 to 2025), Air Products and Chemicals's D&A has grown at a 4.3% compound annual growth rate (CAGR), from $1.32B to $1.56B.
What does D&A mean?: Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.