Air Products & Chemicals Net Tangible Assets

The latest net tangible assets for APD is $18B as of March 2026. That compares with $19B in the prior-year period — down 3.7% year over year. Investors often review this figure alongside Air Products & Chemicals's historical trend and sector peers before judging valuation or financial health.

Over the past year, APD's net tangible assets moved from $19B to $18B — a 3.7% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Air Products & Chemicals's operating scale or balance-sheet position.

A net tangible assets figure of $18B for APD is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting APD's net tangible assets ($18B), review year-over-year change from $19B, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.

This page's peer comparison chart is the fastest way to stack Air Products & Chemicals's net tangible assets against similar Materials names. You can also browse sector and industry screens on Stockcircle for a broader set of Materials companies and their key multiples and fundamentals.