What is Air Products and Chemicals's finished goods?

Air Products and Chemicals (APD) reported finished goods of $196.5M in Q1 2026.

How has Air Products and Chemicals's finished goods changed year-over-year?

Air Products and Chemicals's finished goods increased by 2.7% year-over-year, from $191.3M to $196.5M.

What is the long-term trend for Air Products and Chemicals's finished goods?

Over 5 years (2020 to 2025), Air Products and Chemicals's finished goods has grown at a 7.4% compound annual growth rate (CAGR), from $134.5M to $191.9M.

What does finished goods mean?

Completed products ready for sale, valued at the lower of cost or net realizable value.

Air Products and Chemicals APD Finished goods

Finished goods at other companies

ASP Isotopes, Inc.ASPI

$125K—

LSB IndustriesLXU

$20.91M-11.8%

HWK

HawkinsHWKN

$109.54M+3.6%

Worthington EnterprisesWOR

$84.82M+10.0%

Chart IndustriesGTLS

——

Ingersoll RandIR

——

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$62.07B+3.5%

Enterprise value$62.03B+3.6%

P/E29.5×-9.6×

P/S5×0.0×

Profitability

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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:InventoryFinishedGoods.

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 finished goods?: Air Products and Chemicals (APD) reported finished goods of $196.5M in Q1 2026.
How has Air Products and Chemicals's finished goods changed year-over-year?: Air Products and Chemicals's finished goods increased by 2.7% year-over-year, from $191.3M to $196.5M.
What is the long-term trend for Air Products and Chemicals's finished goods?: Over 5 years (2020 to 2025), Air Products and Chemicals's finished goods has grown at a 7.4% compound annual growth rate (CAGR), from $134.5M to $191.9M.
What does finished goods mean?: Completed products ready for sale, valued at the lower of cost or net realizable value.