Net Assets for Air Products and Chemicals (APD)
According to Air Products and Chemicals's latest reported financial statements, the company's latest reported net assets is $15.41B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet AssetsSwitch metric
Latest period
$15.41B
YoY change
-11.8%
5Y CAGR
+4.5%
Peak year (2024)
$17.04B
Latest annual
$15.02B
Net Assets history chart for Air Products and Chemicals (APD) from 1985 to 2025
Net Assets history table for Air Products and Chemicals (APD) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $15.02B | -11.8% | ||
| 2024 | $17.04B | +19.0% | ||
| 2023 | $14.31B | +8.9% | ||
| 2022 | $13.14B | -2.9% | ||
| 2021 | $13.54B | +12.1% | ||
| 2020 | $12.08B | +9.3% | ||
| 2019 | $11.05B | +1.8% | ||
| 2018 | $10.86B | +7.6% | ||
| 2017 | $10.09B | +42.5% | ||
| 2016 | $7.08B | -2.3% | ||
| 2015 | $7.25B | -1.6% | ||
| 2014 | $7.37B | +4.6% | ||
| 2013 | $7.04B | +8.9% | ||
| 2012 | $6.47B | +11.6% | ||
| 2011 | $5.80B | +4.5% | ||
| 2010 | $5.55B | +15.8% | ||
| 2009 | $4.79B | -4.7% | ||
| 2008 | $5.03B | -8.5% | ||
| 2007 | $5.50B | +11.6% | ||
| 2006 | $4.92B | +8.3% | ||
| 2005 | $4.55B | +2.3% | ||
| 2004 | $4.44B | +17.5% | ||
| 2003 | $3.78B | +9.3% | ||
| 2002 | $3.46B | +11.4% | ||
| 2001 | $3.11B | +10.1% | ||
| 2000 | $2.82B | -4.7% | ||
| 1999 | $2.96B | +11.0% | ||
| 1998 | $2.67B | +0.7% | ||
| 1997 | $2.65B | +2.9% | ||
| 1996 | $2.57B | +7.3% | ||
| 1995 | $2.40B | +8.7% | ||
| 1994 | $2.21B | +5.0% | ||
| 1993 | $2.10B | +0.2% | ||
| 1992 | $2.10B | +13.9% | ||
| 1991 | $1.84B | +9.1% | ||
| 1990 | $1.69B | +16.9% | ||
| 1989 | $1.44B | +13.6% | ||
| 1988 | $1.27B | +11.0% | ||
| 1987 | $1.15B | +4.2% | ||
| 1986 | $1.10B | -5.4% | ||
| 1985 | $1.16B | — |
Net Assets values are taken from Air Products and Chemicals's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Air Products and Chemicals (APD) most recent annual net assets stands at $15.02B (2025) – declined 11.8% year-over-year.
Over 2020–2025 (5 years), Air Products and Chemicals net assets expanded at a +4.5% compound annual rate, with the latest reading among the more recent periods of the dataset.
Air Products and Chemicals net assets peaked at $17.04B in 2024; the latest annual figure is $15.02B in 2025 (11.8% below peak).
The dataset's maximum net assets sits at $17.04B (2024); the minimum reading of $1.10B dates to 1986.
Among 8 Basic Materials peers, Air Products and Chemicals (APD) ranks 6th; the peer median for net assets is $21.45B.
Air Products and Chemicals Net Assets by Year
Air Products and Chemicals Net Assets 2025: $15.02B
Air Products and Chemicals net assets in 2025 was $15.02B, declined 11.8% below 2024.
Air Products and Chemicals Net Assets 2024: $17.04B
Air Products and Chemicals net assets in 2024 was $17.04B, grew 19.0% from 2023. This figure represents the highest annual value in the available history.
Air Products and Chemicals Net Assets 2023: $14.31B
Air Products and Chemicals net assets in 2023 was $14.31B, grew 8.9% from 2022.
Air Products and Chemicals Net Assets 2022: $13.14B
Air Products and Chemicals net assets in 2022 was $13.14B, edged down 2.9% below 2021.
Air Products and Chemicals Net Assets 2021: $13.54B
Air Products and Chemicals net assets in 2021 was $13.54B.
See more financial history for Air Products and Chemicals (APD).
Sector peers — Net Assets
Companies in the same sector as Air Products and Chemicals, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| Linde plc (LIN) | $38.24B | Basic Materials |
| Newmont Corporation (NEM) | $33.87B | Basic Materials |
| Agnico Eagle Mines Limited (AEM) | $24.74B | Basic Materials |
| CRH plc (CRH) | $24.00B | Basic Materials |
| Freeport-McMoRan Inc. (FCX) | $18.90B | Basic Materials |
| Southern Copper Corporation (SCCO) | $11.04B | Basic Materials |
| Ecolab Inc. (ECL) | $9.77B | Basic Materials |
| The Sherwin-Williams Company (SHW) | $4.60B | Basic Materials |
Frequently asked questions
What is Air Products and Chemicals's net assets?
- Latest reported net assets for Air Products and Chemicals (APD) is $15.41B (period ending December 31, 2025).
How has Air Products and Chemicals net assets changed year-over-year?
- Air Products and Chemicals (APD) net assets changed -11.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Air Products and Chemicals net assets?
- Air Products and Chemicals (APD) net assets compound annual growth rate is +4.5% over the most recent 5 years available.
When did Air Products and Chemicals net assets hit its highest annual value?
- Air Products and Chemicals net assets reached its highest annual value of $17.04B in 2024.
What was Air Products and Chemicals net assets in 2024?
- Air Products and Chemicals (APD) net assets in 2024 was $17.04B.
What was Air Products and Chemicals net assets in 2025?
- Air Products and Chemicals (APD) net assets in 2025 was $15.02B.
Metrics overview
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