Air Products and Chemicals Noncurrent lease receivables decreased by 2.8% to $291.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.2%, from $324.20M to $291.10M. Over 5 years (FY 2020 to FY 2025), Noncurrent lease receivables shows a downward trend with a -17.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests growth in leasing-based business models, while a decrease may indicate contract completions or changes in financing strategy.
This represents the long-term portion of receivables arising from leases where the company acts as the lessor. It reflec...
Common for industrial gas companies that lease equipment to customers as part of their service offering.
non_current_assets_net_investment_in_lease_excluding_acc_5b8f3c| Q3 '21 | Q3 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $740.30M | $583.10M | $494.70M | $485.90M | $458.60M | $437.20M | $392.10M | $335.70M | $324.20M | $318.20M | $307.10M | $299.60M | $291.10M |
| QoQ Change | — | -21.2% | -15.2% | -1.8% | -5.6% | -4.7% | -10.3% | -14.4% | -3.4% | -1.9% | -3.5% | -2.4% | -2.8% |
| YoY Change | — | -21.2% | -15.2% | — | — | — | -20.7% | -30.9% | -29.3% | -27.2% | -21.7% | -10.8% | -10.2% |