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Updated 5h ago
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L'Air Liquide S.A.ENXTPA:AI Stock Report

Market Cap €105.9b
Updated 5h ago
Share Price
n/a
1Y4.1%
7D-0.9%
1D-0.7%
Portfolio Value
​
View

L'Air Liquide S.A.

ENXTPA:AI Stock Report

Market Cap: €105.9b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

L'Air Liquide (AI) Stock Overview

Provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. More details

AI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance3/6
Financial Health3/6
Dividends3/6

Rewards

Earnings are forecast to grow 10.76% per year

Earnings have grown 7.2% per year over the past 5 years

Risk Analysis

Has a high level of debt


AI Community Fair Values

Create Narrative

See what 154 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
16.4% undervalued intrinsic discount
AnalystConsensusTarget
•14d ago

Global Electronics And Hydrogen Investments Will Create Future Opportunities

436
0
83

Top Analyst Narratives

AI logo
L'Air Liquide
16.4% undervalued intrinsic discount

Global Electronics And Hydrogen Investments Will Create Future Opportunities

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 3 Sep
Read Narrative
View all narratives

L'Air Liquide S.A. Competitors

Linde

Symbol: NasdaqGS:LIN
Market cap: US$213.0b

Robertet

Symbol: ENXTPA:RBT
Market cap: €1.7b

Vicat

Symbol: ENXTPA:VCT
Market cap: €2.7b

Nippon Sanso Holdings

Symbol: TSE:4091
Market cap: JP¥2.4t

Price History & Performance

Summary of share price highs, lows and changes for L'Air Liquide
Historical stock prices
Current Share Price€165.24
52 Week High€182.26
52 Week Low€140.78
Beta0.64
1 Month Change-1.08%
3 Month Change0.66%
1 Year Change4.09%
3 Year Change24.50%
5 Year Change51.53%
Change since IPO1,629.93%

Recent News & Updates

User avatar
Narrative Update • Sep 03

AI: Electronics Project Wins And Activist Stake Will Support Future Upside

The analyst price target for L'Air Liquide has been raised by about €4 to €197.73. Analysts cite updated assumptions on fair value, revenue growth, profit margins and future P/E as key drivers of the change.
Analysis Article • Jul 31

The L'Air Liquide S.A. (EPA:AI) Interim Results Are Out And Analysts Have Published New Forecasts

L'Air Liquide S.A. ( EPA:AI ) shareholders are probably feeling a little disappointed, since its shares fell 2.2% to...
User avatar
Narrative Update • Jul 23

AI: Fair Value View Balances Electronics Project Wins With Execution Risks

The updated analyst price target for L'Air Liquide rises from about €189 to €194. This reflects analysts' focus on recent upgrades that highlight project wins, an electronics backlog, and recalibrated assumptions around growth, margins, and future P/E levels.
User avatar
Narrative Update • Jul 08

AI: Fair Value View Weighs AI Gas Investments Against Execution Risks

Analysts have raised their fair value estimate for L'Air Liquide by about €7, reflecting updated assumptions on revenue growth, profit margins, and a slightly lower discount rate, alongside recent shifts in Street price targets clustered around €175 to €200. Analyst Commentary Recent Street research on L'Air Liquide points to a mixed but generally constructive tone, with fair value and price targets grouped in a relatively narrow band and views differing mainly on execution risk and the balance between growth opportunities and current valuation.

Recent updates

User avatar
Narrative Update • Sep 03

AI: Electronics Project Wins And Activist Stake Will Support Future Upside

The analyst price target for L'Air Liquide has been raised by about €4 to €197.73. Analysts cite updated assumptions on fair value, revenue growth, profit margins and future P/E as key drivers of the change.
Analysis Article • Jul 31

The L'Air Liquide S.A. (EPA:AI) Interim Results Are Out And Analysts Have Published New Forecasts

L'Air Liquide S.A. ( EPA:AI ) shareholders are probably feeling a little disappointed, since its shares fell 2.2% to...
User avatar
Narrative Update • Jul 23

AI: Fair Value View Balances Electronics Project Wins With Execution Risks

The updated analyst price target for L'Air Liquide rises from about €189 to €194. This reflects analysts' focus on recent upgrades that highlight project wins, an electronics backlog, and recalibrated assumptions around growth, margins, and future P/E levels.
User avatar
Narrative Update • Jul 08

AI: Fair Value View Weighs AI Gas Investments Against Execution Risks

Analysts have raised their fair value estimate for L'Air Liquide by about €7, reflecting updated assumptions on revenue growth, profit margins, and a slightly lower discount rate, alongside recent shifts in Street price targets clustered around €175 to €200. Analyst Commentary Recent Street research on L'Air Liquide points to a mixed but generally constructive tone, with fair value and price targets grouped in a relatively narrow band and views differing mainly on execution risk and the balance between growth opportunities and current valuation.
User avatar
Narrative Update • Jun 24

AI: Fair Value View Balances Semiconductor Gas Contracts With Mixed Rating Revisions

The analyst price target for L'Air Liquide has been adjusted from about €198.30 to roughly €181.09 as analysts blend recent target cuts around €175 to €190 with more supportive views and slightly revised long term assumptions on growth, margins and P/E multiples. Analyst Commentary Recent Street research on L'Air Liquide shows a mix of optimism around execution and long term growth potential, alongside more cautious valuation checks that feed into the revised price targets.
User avatar
Narrative Update • Jun 06

AI: Fair Value View Weighs Semiconductor Gas Expansion Against Mixed Rating Changes

Analysts have nudged the fair value estimate for L'Air Liquide slightly higher from €198.15 to €198.30, reflecting a mix of recent target cuts and increases on the stock and updated assumptions for its discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent research on L'Air Liquide points to a mixed but generally constructive tone, with some analysts lifting targets or upgrading their stance and JPMorgan trimming its target to €175 while keeping a Neutral rating.
User avatar
Narrative Update • Apr 29

AI: Fair Value View Balances Large Industrial Gas Projects And Recent Rating Upgrades

Analysts have raised the fair value estimate for L'Air Liquide to €198.15 from €196.58, reflecting updated assumptions for higher revenue growth, a slightly adjusted discount rate, a steady profit margin profile, and recent price target increases from several research houses. Analyst Commentary Recent Street research for L'Air Liquide has leaned positive, with several firms adjusting price targets and ratings.
Analysis Article • Dec 28

Estimating The Fair Value Of L'Air Liquide S.A. (EPA:AI)

Key Insights L'Air Liquide's estimated fair value is €140 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article • Sep 25

Investors Will Want L'Air Liquide's (EPA:AI) Growth In ROCE To Persist

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
User avatar
New Narrative • Feb 23

Investments In Low-Carbon Hydrogen Will Meet Future Market Demand

Operational restructuring and strategic initiatives are enhancing cost efficiency and net margins, with a focus on future revenue growth through a solid investment pipeline.

Shareholder Returns

AIFR ChemicalsFR Market
7D-0.9%-1.2%-0.1%
1Y4.1%4.7%-0.8%

Return vs Industry: AI matched the French Chemicals industry which returned 4.7% over the past year.

Return vs Market: AI exceeded the French Market which returned -0.8% over the past year.

Price Volatility

Is AI's price volatile compared to industry and market?
AI volatility
AI Average Weekly Movement2.3%
Chemicals Industry Average Movement4.3%
Market Average Movement4.3%
10% most volatile stocks in FR Market8.7%
10% least volatile stocks in FR Market2.2%

Stable Share Price: AI has not had significant price volatility in the past 3 months compared to the French market.

Volatility Over Time: AI's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190265,000Francois Jackowwww.airliquide.com

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.

L'Air Liquide S.A. Fundamentals Summary

How do L'Air Liquide's earnings and revenue compare to its market cap?
AI fundamental statistics
Market cap€105.92b
Earnings (TTM)€3.54b
Revenue (TTM)€27.05b
29.7x
P/E Ratio
3.9x
P/S Ratio

Is AI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AI income statement (TTM)
Revenue€27.05b
Cost of Revenue€9.58b
Gross Profit€17.47b
Other Expenses€13.93b
Earnings€3.54b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)5.56
Gross Margin64.59%
Net Profit Margin13.09%
Debt/Equity Ratio58.6%

How did AI perform over the long term?

See historical performance and comparison

Dividends

2.0%
Current Dividend Yield
60%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/17 17:53
End of Day Share Price 2026/09/17 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

L'Air Liquide S.A. is covered by 42 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alfonso MariáteguiBanco de Sabadell. S.A.
Alejandro VigilBanco Santander
Alexander SloaneBarclays

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