L'Air Liquide S.A.

L'Air Liquide S.A.

AIL.DE
L'Air Liquide S.A.DE flagDeutsche Börse
179.94
EUR
+3.32
- -
103.86BMarket Cap
L'Air Liquide S.A.
AIL.DE
(Deutsche Börse)

Recent

price

179.94

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
27.05
28.81
30.58
30.35
30.56
30.7
34.26
35.85
36.9
38.44
35.9
40.73
52.12
47.95
46.94
- -
Revenue per Share
2.92
3.06
3.18
3.27
3.31
3.41
3.48
3.88
3.71
3.93
4.27
4.49
4.8
5.35
5.74
- -
Basic EPS, GAAP
1.95
1.34
1.4
1.29
1.85
1.56
2.72
3.65
4.33
3.64
4.51
4.63
4.42
4.98
4.85
- -
Free Cash Flow per Basic Share
1.22
1.35
1.44
1.63
1.67
1.79
1.79
1.82
2.04
2.04
2.29
2.33
2.46
2.75
2.98
- -
Dividend per Share
17.72
19.38
6.6
21.19
23.11
24.28
25.97
24.02
26.38
28.81
28.17
32.87
37.45
38.25
43.4
- -
Book Value per Share
8.12
9.56
9.11
10.14
11.55
12.02
2.55
3.99
5.73
6.71
7.92
11.44
14.23
16.01
19
- -
Tangible Book Value per Share
499
502
501
502
502
515
529
568
569
570
571
573
574
576
576
- -
Basic Weighted Avg Shares
13,488
14,457
15,326
15,225
15,358
15,818
18,135
20,349
21,011
21,920
20,485
23,335
29,934
27,608
27,058
26,940
Sales/Revenue/Turnover
16.92
16.66
16.66
16.95
17.15
18.06
16.67
15.44
16.41
17.31
18.5
17.83
16.24
18.36
19.06
19.43
Operating Margin (%)
1,122
1,155
1,232
1,236
1,239
1,372
1,600
1,783
1,766
2,138
2,138
2,172
2,466
2,482
2,505
2,564
Depreciation Expense
1,458
1,535
1,591
1,640
1,665
1,756
1,844
2,200
2,113
2,242
2,435
2,572
2,759
3,078
3,306
3,518
Net Income, GAAP
26.39
26.96
25.41
26.58
28.28
26.77
28.14
8.19
24.9
25.54
21.13
25.4
25.67
23.39
24
25.2
Effective Tax Rate (%)
10.81
10.62
10.38
10.77
10.84
11.1
10.17
10.81
10.06
10.23
11.89
11.02
9.22
11.15
12.22
13.06
Profit Margin (%)
989
820
144
73
-66
-250
637
-154
-666
-839
-909
-854
-658
-1,128
-1,137
1,533
Working Capital
5,681
5,540
5,665
5,774
5,866
6,233
14,815
12,436
11,602
12,596
11,131
11,466
11,146
9,573
9,502
11,023
LT Debt
9,112
9,996
10,423
10,888
11,827
12,771
17,124
16,718
18,207
19,324
19,005
21,999
24,572
25,043
27,621
26,947
Total Equity
11.15
10.72
11.03
10.68
10.22
10.46
7.93
8.8
8.09
8.52
8.99
9.07
9.77
10.34
10.16
9.72
Return on Invested Capital (%)
11.33
10.21
12.92
12.53
9.66
9.28
7.95
8.42
7.76
8.1
8.69
8.54
7.68
8.58
8.86
9
Return on Capital (%)
17.84
16.54
24.41
23.53
14.97
14.56
14.04
16.07
14.75
14.26
14.99
14.74
13.68
14.14
14.05
14.29
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.24%
7.45%
-2.44%
Free Cash Flow
15.49%
0.97%
-4.37%
Net Income, GAAP
7.33%
7.65%
6.41%
Sales/Revenue/Turnover
5.99%
6.4%
-0.43%
Total Cash Common Dividend
7.88%
8.46%
13.79%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
27,608
2024
- -
- -
- -
- -
27,058
2025
- -
- -
- -
- -
26,940

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
5.35
2024
- -
- -
- -
- -
5.74
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2.75
2024
- -
- -
- -
- -
2.98
2025
- -
- -
- -
- -
- -
Business
L'Air Liquide S.A. (AI.DE) is a French multinational industrial gases company that designs, engineers, manufactures and supplies industrial, medical and specialty gases along with related technologies and services to customers worldwide; it operates through three principal segments comprising Gas & Services offering oxygen, nitrogen, hydrogen, argon, rare gases, helium, carbon dioxide and acetylene for applications in large industries including chemicals, energy, steel and refining as well as industrial merchant activities for small and medium enterprises in sectors such as food processing, metals and glass, healthcare providing medical gases like oxygen therapy, anesthetics and nitric oxide mixtures for hospitals and home care, Electronics supplying ultra-high purity carrier gases and precursors for semiconductors and displays, and Global Markets & Technologies focusing on hydrogen energy, biogas, space and clean transport solutions; Engineering & Construction designs and builds gas production plants and related infrastructure. Founded in 1902 and headquartered in Paris, the company conducts operations across more than 80 countries with approximately 67,000 employees and maintains the world's longest pipeline network exceeding 9,000 kilometers for on-site gas delivery. Recent developments include the August 2025 agreement to acquire South Korea's DIG Airgas for 2.85 billion euros to bolster its Asian electronics market presence, a March 2024 partnership with Royal Vopak for ammonia import and hydrogen infrastructure in Singapore, a January 2024 50-50 joint venture with TotalEnergies for heavy-duty vehicle hydrogen supply in Europe, a February 2024 long-term virtual power purchase agreement with Statkraft for renewable energy, a 130 million euro investment under new long-term contracts for carrier gases production units announced in Q3 2025, a 50 million dollar commitment to upgrade hydrogen pipeline systems, up to 850 million dollars for expanding air separation unit capacities to meet industrial demand, ongoing Q2 2025 financial results showing 2% comparable sales growth and 10.3% recurring net profit increase driven by sustainability initiatives, and a March 2024 divestiture of 12 subsidiaries in West and Central Africa plus the Indian Ocean to Adenia Partners while securing long-term supply contracts.