Air Products & Chemicals, Inc. Interest Expense 2007-2024 | APD
What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is Air Products & Chemicals, Inc.'s current interest expense?
Air Products & Chemicals, Inc. (APD) annual interest expense for 2023 was $177.5M, a 38.67% increase from 2022. Air Products & Chemicals, Inc. interest expense for the quarter ending March 31, 2024 was $59.9M.
What was Air Products & Chemicals, Inc.'s interest expense in 2022?
Air Products & Chemicals, Inc. annual interest expense for 2022 was $128.0M, a 9.73% decline from 2021.
What was Air Products & Chemicals, Inc.'s interest expense in 2021?
Air Products & Chemicals, Inc. annual interest expense for 2021 was $141.8M, a 29.73% increase from 2020.
What is Air Products & Chemicals, Inc.'s 5-year interest expense CAGR?
Air Products & Chemicals, Inc. interest expense grew at a compound annual growth rate (CAGR) of 6.35% from FY2018 to FY2023, going from $130.5M to $177.5M over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $177.5M | +38.7% | 10-K |
| FY2022 | $128.0M | -9.7% | 10-K |
| FY2021 | $141.8M | +29.7% | 10-K |
| FY2020 | $109.3M | -20.2% | 10-K |
| FY2019 | $137.0M | +5.0% | 10-K |
| FY2018 | $130.5M | +8.2% | 10-K |
| FY2017 | $120.6M | +4.7% | 10-K |
| FY2016 | $115.2M | +12.1% | 10-K |
| FY2015 | $102.8M | -17.8% | 10-K |
| FY2014 | $125.1M | -11.8% | 10-K |
| FY2013 | $141.8M | +14.6% | 10-K |
| FY2012 | $123.7M | +7.1% | 10-K |
| FY2011 | $115.5M | -5.3% | 10-K |
| FY2010 | $121.9M | +0.0% | 10-K |
| FY2009 | $121.9M | -24.8% | 10-K |
| FY2008 | $162.0M | -0.2% | 10-K |
| FY2007 | $162.4M | - | 10-K |