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AI.PAR
Air Liquide
Materials · Specialty Chemicals

French multinational company supplying industrial gases and services to various industries including healthcare, electronics, and energy sectors.

HQ: FranceListed: France

Profile & Fundamentals

Air Liquide: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.

Profile & Fundamentals

Air Liquide Profile & Fundamentals

Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

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Company and Market Context

Company Profile & Ownership

L'Air Liquide S.A. provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, and Engineering & Construction segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, materials and chemicals, food and pharmaceuticals, technology and research, and fabrication and construction sectors. This segment also includes healthcare business, which provides medical gases, home healthcare services, medical equipment, and specialty ingredient; healthcare professionals, and hospitals; and electronic business supply carrier gases, electronic specialty and advanced materials, equipment and installation, service, and analysis to semiconductor, flat panel, and photovoltaic markets. The Engineering & Construction segment designs, develops, and builds industrial gas production plants to third parties; and designs and manufacture plants in the traditional, renewable, and alternative energy sectors. This segment also focuses on markets which require a global approach, drawing on science, technologies, development models, and usages related to digital transformation. L'Air Liquide S.A. was incorporated in 1902 and is headquartered in Paris, France.

AI.PAR

Company profile record

Air Liquide SA

Common Stock · Materials · Specialty Chemicals

Official website

Company

Company / asset
Air Liquide SA
Security type
Common Stock
Sector
Materials
Industry
Specialty Chemicals
HQ
🇫🇷 France
Head office
75 quai d'Orsay, Paris, France, 75007

Leadership & scale

Chief executive
Mr. Francois Jackow
CEO year born
1969
Full-time employees
65K
Fiscal year end
December

Fundamentals snapshot

Updated 2026-08-17
Market Cap
EUR 103.9B
P/E
14.9x
Revenue (Q2 26)
EUR 13.8B
Profit (Q2 26)
EUR 1.8B
Dividend Yield
3.2%
Revenue (FY 25)
EUR 26.9B
Shares in public float
621.5M
Insider ownership
0.15%

Reporting & identifiers

Symbol
AI.PAR
Listing
🇫🇷 France | Dividend Tax: 25%
Ticker Currency
EUR
Income Statement Currency
EUR
Balance Sheet Currency
EUR
Cash Flow Currency
EUR
EPS Currency
EUR
Contract Type
SPOT
ISIN
FR0000120073
Asset ID
equity_73187115-a770-5035-8203-59b70077611f

Ownership

Shares Outstanding

Shares OutstandingAnnual reported shares outstanding. Values in shares.503.67M540.09M576.5M612.92M649.34MJan 2017Apr 2019Jul 2021Oct 2023Jan 2026
  • Shares outstanding
Annual reported shares outstanding. Values in shares.

Top holders

  1. Vanguard Group Inc12,603,127 shares · 2.94% · Reported 2020-07-31
  2. Artisan Partners Limited Partnership8,590,503 shares · 2.00% · Reported 2020-07-31
  3. Vanguard Total Intl Stock Index Inv7,929,333 shares · 1.85% · Reported 2020-06-30
  4. BlackRock Fund Advisors7,422,566 shares · 1.73% · Reported 2020-07-31
  5. Massachusetts Financial Services Company5,736,321 shares · 1.34% · Reported 2020-07-31
  6. Mawer Investment Management Ltd4,707,748 shares · 1.10% · Reported 2020-07-31
  7. BlackRock Advisors (UK) Limited3,756,696 shares · 0.88% · Reported 2020-07-31
View more holders (8)
  1. Goldman Sachs Asset Management, L.P.3,430,673 shares · 0.80% · Reported 2020-07-31
  2. Vanguard Developed Markets Index Admiral2,955,477 shares · 0.69% · Reported 2020-06-30
  3. Artisan International Investor USD2,718,058 shares · 0.63% · Reported 2020-06-30
  4. Artisan International Investor USD2,718,058 shares · 0.63% · Reported 2020-06-30
  5. Northern Trust Investments Inc2,651,793 shares · 0.62% · Reported 2020-07-31
  6. Capital Research and Management Company2,406,649 shares · 0.56% · Reported 2020-07-31
  7. Fidelity Management & Research Company LLC2,294,955 shares · 0.54% · Reported 2020-07-31
  8. BNP Paribas Asset Management France2,196,753 shares · 0.51% · Reported 2020-07-31

Earnings, Profitability & Valuation

Earnings & Revenue

Revenue, Net Income, and Free Cash Flow

Revenue, Net Income, and Free Cash FlowAnnual reported financial results, converted using the statement's recorded USD conversion. Missing values are omitted. Values in USD.-1.53B7.63B16.78B25.93B35.08BDec 2016Apr 2019Jul 2021Oct 2023Dec 2025
  • Revenue
  • Free cash flow
  • Net income
Annual reported financial results, converted using the statement's recorded USD conversion. Missing values are omitted. Values in USD.

Valuation

Historical P/E Ratio

Historical P/E RatioPublished valuation snapshots. Trailing four-quarter earnings where available; annual earnings otherwise. Non-positive earnings are omitted. Values in times earnings.24.5226.3128.1129.9131.7Dec 2021Apr 2022Jul 2022Sep 2022Dec 2022
  • Published P/E
Published valuation snapshots. Trailing four-quarter earnings where available; annual earnings otherwise. Non-positive earnings are omitted. Values in times earnings.

Profitability & Margins

Profitability Margins

Profitability MarginsAnnual gross, operating, net income and free cash flow divided by revenue for matching reporting dates. Values in percent.2.2419.3236.453.4870.56Dec 2016Apr 2019Jul 2021Oct 2023Dec 2025
  • Gross margin
  • Operating margin
  • Net margin
  • Free cash flow margin
Annual gross, operating, net income and free cash flow divided by revenue for matching reporting dates. Values in percent.

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