Non-Current Assets
Goodwill
Air Products and Chemicals Goodwill decreased by 1.3% to $958.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $887.10M to $958.70M. Over 5 years (FY 2020 to FY 2025), Goodwill shows relatively stable performance with a 1.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
Metric ID:
goodwillHistorical Data
20 periods
| 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 | $931.50M | $911.50M | $923.30M | $912.80M | $866.80M | $823.00M | $876.30M | $883.90M | $891.60M | $861.70M | $899.40M | $883.20M | $879.00M | $905.10M | $866.50M | $887.10M | $969.70M | $963.90M | $971.50M | $958.70M |
| QoQ Change | — | -2.1% | +1.3% | -1.1% | -5.0% | -5.1% | +6.5% | +0.9% | +0.9% | -3.4% | +4.4% | -1.8% | -0.5% | +3.0% | -4.3% | +2.4% | +9.3% | -0.6% | +0.8% | -1.3% |
| YoY Change | — | — | — | — | -6.9% | -9.7% | -5.1% | -3.2% | +2.9% | +4.7% | +2.6% | -0.1% | -1.4% | +5.0% | -3.7% | +0.4% | +10.3% | +6.5% | +12.1% | +8.1% |
Range$823.00M – $971.50M
CAGR+0.6%
Avg YoY Growth+1.4%
Median YoY Growth+1.5%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Europe | $513.30M | $534.30M | $504.60M | $524.60M | $601.10M | $597.90M | $603.00M | $591.80M |
| Asia | $171.60M | $174.70M | $170.30M | $168.70M | $173.90M | $172.50M | $172.30M | $171.80M |
| Americas | $144.40M | $146.30M | $142.10M | $144.00M | $144.80M | $143.50M | $146.20M | $145.00M |
| Corporate And Other | $33.90M | $34.00M | $33.70M | $34.00M | $34.10M | $34.20M | $34.20M | $34.30M |
| Middle East and India | — | $15.80M | — | — | — | $15.80M | $15.80M | $15.80M |
| Total | $879.00M | $905.10M | $866.50M | $887.10M | $969.70M | $963.90M | $971.50M | $958.70M |
Goodwill at Other Companies
Frequently Asked Questions
- What is Air Products and Chemicals's goodwill?
- Air Products and Chemicals (APD) reported goodwill of $958.70M in Q1 2026.
- How has Air Products and Chemicals's goodwill changed year-over-year?
- Air Products and Chemicals's goodwill increased by 8.1% year-over-year, from $887.10M to $958.70M.
- What is the long-term trend for Air Products and Chemicals's goodwill?
- Over 5 years (2020 to 2025), Air Products and Chemicals's goodwill has grown at a 1.6% compound annual growth rate (CAGR), from $891.50M to $963.90M.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.