Stocktoria
L'Air Liquide S.A. AI.PA
L'Air Liquide S.A. statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€75.06); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
L'Air Liquide S.A. trades at about 27.8× earnings — below its 10-year norm (10-year range 26×–35.8×, median 33.5×).
Shaded band = 10-year range (26×–35.8×); dot = today's 27.8×.
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 |
Computed from company filings · FR · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.