Current Assets

Total Current Assets

Air Products and Chemicals Total Current Assets decreased by 1.8% to $5.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.4%, from $5.19B to $5.01B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows a downward trend with a -7.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.38B$8.38B$6.48B$6.25B$6.37B$6.28B$6.32B$5.72B$5.35B$5.20B$5.65B$6.06B$5.68B$6.36B$5.35B$5.19B$6.15B$5.83B$5.10B$5.01B
QoQ Change-0.0%-22.6%-3.6%+1.9%-1.3%+0.6%-9.5%-6.4%-2.9%+8.6%+7.2%-6.3%+12.1%-15.9%-3.1%+18.5%-5.2%-12.4%-1.8%
YoY Change-24.0%-25.0%-2.5%-8.4%-15.9%-17.2%-10.6%+5.9%+6.0%+22.4%-5.3%-14.4%+8.3%-8.4%-4.6%-3.4%
Range$5.01B$8.38B
CAGR-10.2%
Avg YoY Growth-6.1%
Median YoY Growth-6.9%
Current Streak3 quarters decline

Frequently Asked Questions

What is Air Products and Chemicals's total current assets?
Air Products and Chemicals (APD) reported total current assets of $5.01B in Q1 2026.
How has Air Products and Chemicals's total current assets changed year-over-year?
Air Products and Chemicals's total current assets decreased by 3.4% year-over-year, from $5.19B to $5.01B.
What is the long-term trend for Air Products and Chemicals's total current assets?
Over 5 years (2020 to 2025), Air Products and Chemicals's total current assets has grown at a -7.7% compound annual growth rate (CAGR), from $8.68B to $5.83B.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.