Air Products and Chemicals Inc Tangible Net Worth Ratio
Air Products and Chemicals Inc tangible net worth ratio. Air Products and Chemicals Inc (APD) has a Tangible Net Worth Ratio of 98.3% as of December 2025. This metric is calculated by deducting intangible assets ($294.40 Million) from net assets ($17.84 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Air Products and Chemicals Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Air Products and Chemicals Inc (1985–2025)
Tangible net worth ratio of Air Products and Chemicals Inc from 1985 to 2025. This chart shows how Air Products and Chemicals Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 98.3%, reflecting net assets of $17.84 Billion with intangible assets of $294.40 Million USD. Check how strategically is Air Products and Chemicals Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Air Products and Chemicals Inc Tangible Net Worth Ratio by Year (1985–2025)
Air Products and Chemicals Inc tangible net worth ratio by year from 1985 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Air Products and Chemicals Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see APD market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.3% | $17.35 Billion | $293.50 Million | $41.06 Billion | ▼ 0.0 pp |
| 2024 | 98.3% | $18.67 Billion | $311.60 Million | $39.57 Billion | ▲ +0.5 pp |
| 2023 | 97.9% | $15.66 Billion | $334.60 Million | $32.00 Billion | ▲ +0.4 pp |
| 2022 | 97.5% | $13.70 Billion | $347.50 Million | $27.19 Billion | ▲ +0.5 pp |
| 2021 | 97.0% | $14.09 Billion | $420.70 Million | $26.86 Billion | ▲ +0.5 pp |
| 2020 | 96.5% | $12.44 Billion | $435.80 Million | $25.17 Billion | ▲ +0.2 pp |
| 2019 | 96.3% | $11.39 Billion | $419.50 Million | $18.94 Billion | ▲ +0.2 pp |
| 2018 | 96.1% | $11.18 Billion | $438.50 Million | $19.18 Billion | ▼ -0.3 pp |
| 2017 | 96.4% | $10.19 Billion | $368.30 Million | $18.47 Billion | ▲ +1.8 pp |
| 2016 | 94.6% | $7.21 Billion | $387.90 Million | $18.03 Billion | ▲ +1.5 pp |
| 2015 | 93.1% | $7.38 Billion | $508.30 Million | $17.33 Billion | ▲ +1.3 pp |
| 2014 | 91.8% | $7.52 Billion | $615.80 Million | $17.78 Billion | ▲ +1.8 pp |
| 2013 | 90.0% | $7.20 Billion | $717.30 Million | $17.85 Billion | ▲ +1.5 pp |
| 2012 | 88.5% | $6.62 Billion | $761.60 Million | $16.94 Billion | ▼ -7.1 pp |
| 2011 | 95.6% | $5.94 Billion | $260.70 Million | $14.29 Billion | ▲ +0.6 pp |
| 2010 | 95.0% | $5.70 Billion | $285.70 Million | $13.49 Billion | ▲ +0.3 pp |
| 2009 | 94.7% | $4.93 Billion | $262.60 Million | $13.03 Billion | ▲ +0.3 pp |
| 2008 | 94.4% | $5.17 Billion | $289.60 Million | $12.57 Billion | ▼ -0.7 pp |
| 2007 | 95.1% | $5.67 Billion | $276.20 Million | $12.66 Billion | ▼ -2.7 pp |
| 2006 | 97.8% | $5.10 Billion | $113.00 Million | $11.18 Billion | ▼ -0.2 pp |
| 2005 | 98.0% | $4.73 Billion | $95.60 Million | $10.41 Billion | ▲ +18.2 pp |
| 2004 | 79.8% | $4.61 Billion | $931.90 Million | $10.04 Billion | ▲ +0.9 pp |
| 2003 | 78.9% | $3.93 Billion | $829.90 Million | $9.43 Billion | ▼ -9.3 pp |
| 2002 | 88.2% | $3.64 Billion | $431.10 Million | $8.49 Billion | ▲ +12.4 pp |
| 2001 | 75.8% | $3.22 Billion | $781.30 Million | $8.08 Billion | ▲ +1.0 pp |
| 2000 | 74.7% | $2.94 Billion | $742.20 Million | $8.27 Billion | ▼ -13.9 pp |
| 1999 | 88.7% | $3.09 Billion | $350.40 Million | $8.24 Billion | ▲ +0.8 pp |
| 1998 | 87.8% | $2.67 Billion | $324.90 Million | $7.49 Billion | ▼ -2.8 pp |
| 1997 | 90.6% | $2.65 Billion | $248.60 Million | $7.24 Billion | ▼ -6.1 pp |
| 1996 | 96.7% | $2.57 Billion | $84.00 Million | $6.52 Billion | ▲ +0.1 pp |
| 1995 | 96.6% | $2.40 Billion | $81.00 Million | $5.82 Billion | ▼ -0.3 pp |
| 1994 | 97.0% | $2.21 Billion | $67.20 Million | $5.04 Billion | ▲ +0.0 pp |
| 1993 | 96.9% | $2.10 Billion | $64.50 Million | $4.76 Billion | ▲ +0.3 pp |
| 1992 | 96.6% | $2.10 Billion | $71.50 Million | $4.49 Billion | ▲ +0.1 pp |
| 1991 | 96.5% | $1.84 Billion | $64.80 Million | $4.23 Billion | ▼ -0.3 pp |
| 1990 | 96.8% | $1.69 Billion | $54.70 Million | $3.90 Billion | ▲ +0.4 pp |
| 1989 | 96.4% | $1.44 Billion | $52.40 Million | $3.37 Billion | ▼ -0.7 pp |
| 1988 | 97.1% | $1.27 Billion | $37.20 Million | $3.00 Billion | ▼ -2.4 pp |
| 1987 | 99.5% | $1.15 Billion | $6.10 Million | $2.70 Billion | ▼ 0.0 pp |
| 1986 | 99.5% | $1.10 Billion | $5.60 Million | $2.71 Billion | ▲ +4.1 pp |
| 1985 | 95.4% | $1.16 Billion | $53.90 Million | $2.59 Billion | — |