Stocktoria
L'Air Liquide S.A. AI.PA
FR · Euronext Paris · XPAR · stock · Basic Materials · website
L'Air Liquide S.A. statistics & valuation
Market cap$110.2B
P / E31.3×
P / S4.1×
P / B4.2×
P / FCF41.2×
Dividend yield1.77%
Net margin13.1%
Return on equity13.4%
FCF margin9.9%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
L'Air Liquide S.A. trades at about 28.5× earnings — near its 10-year norm (10-year range 26×–29.6×, median 29.5×).
26×
29.6×
Shaded band = 10-year range (26×–29.6×); dot = today's 28.5×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 64.2% | 63.0% | 59.6% | 53.9% |
| Operating margin | 19.4% | 19.1% | 18.4% | 16.2% |
| Net margin | 13.1% | 12.2% | 11.1% | 9.2% |
| FCF margin | 9.9% | 10.3% | 10.4% | 8.5% |
| Return on assets | 6.8% | 6.4% | 6.4% | 5.6% |
| Return on equity | 13.4% | 12.3% | 12.7% | 11.6% |
| Debt / equity | 0.38× | 0.31× | 0.35× | 0.43× |
| Current ratio | 1.17 | 0.88 | 0.87 | 0.93 |
Source: company filings via Yahoo Finance · FR · as of 2025-12-31. Figures in EUR; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.