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Air Products and Chemicals APD Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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$81K-93.8%
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LindeLIN
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CF IndustriesCF
IR
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/S0.0×

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

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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:MinorityInterest.

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 noncontrolling interests in subsidiaries?
Air Products and Chemicals (APD) reported noncontrolling interests in subsidiaries of $2.5B in Q1 2026.
How has Air Products and Chemicals's noncontrolling interests in subsidiaries changed year-over-year?
Air Products and Chemicals's noncontrolling interests in subsidiaries increased by 20.4% year-over-year, from $2.08B to $2.5B.
What is the long-term trend for Air Products and Chemicals's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Air Products and Chemicals's noncontrolling interests in subsidiaries has grown at a 45.0% compound annual growth rate (CAGR), from $363.3M to $2.32B.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.