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Air Products and Chemicals APD Noncurrent lease receivables

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Other financials

Income statement

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Revenue$3.2B-0.2%
Gross profit$1.0B+1.4%
Operating income-$2.1B
Net income-$1.4B
EPS (diluted)-$6.47

Balance sheet

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Cash & equivalents$980.5M-47.2%
Total debt$1.4B+86.7%
Total equity$13.9B-7.6%
Total assets$40.4B-1.5%

Cash flow

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Operating cash flow$1.3B+3.5%
CapEx$995.7M-34.4%
Free cash flow$309.5M+221%

Valuation

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Market cap$67.57B+5.2%
Enterprise value$67.98B+7.7%
P/S5.4×0.0×

Profitability

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Gross margin32.1%+0.8pp
Operating margin-21.5%-45.5pp
Net margin-0.4%-0.7pp
FCF margin-2.4%-1.2pp

Returns & leverage

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Return on equity-10.3%-15.1pp
Debt / equity0.1×+0.1×
Current ratio1.1×-0.3×

Where this comes from

Reported directly by Air Products and Chemicals in its filing.

Tagged under the XBRL concept us-gaap:NetInvestmentInLeaseExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent.

The source filing: Air Products and Chemicals’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 11:07 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000002969-26-000020
Goodwill, net958.7963.9
Intangible assets, net283.5293.5
Operating lease right-of-use assets, net917.8944.0
Noncurrent lease receivables291.1307.1
Financing receivables955.61,000.0
Other noncurrent assets1,122.41,021.3
Total Noncurrent Assets$36,632.1$35,233.7
Total Assets(A)$41,644.7$41,059.5

Item 1. Financial Statements (Unaudited)

FAQ

What is Air Products and Chemicals's noncurrent lease receivables?
Air Products and Chemicals (APD) reported noncurrent lease receivables of $291.1M in Q1 2026.
How has Air Products and Chemicals's noncurrent lease receivables changed year-over-year?
Air Products and Chemicals's noncurrent lease receivables decreased by 10.2% year-over-year, from $324.2M to $291.1M.
What is the long-term trend for Air Products and Chemicals's noncurrent lease receivables?
Over 4 years (2021 to 2025), Air Products and Chemicals's noncurrent lease receivables has grown at a -19.7% compound annual growth rate (CAGR), from $740.3M to $307.1M.
What does noncurrent lease receivables mean?
This represents the long-term portion of receivables arising from leases where the company acts as the lessor. It reflects the present value of future lease payments to be received.

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