AIR LIQUIDE SA (AIL.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:AIL • FR0000120073

168.46 EUR
+8.96 (+5.62%)
Last: Feb 4, 2026, 07:00 PM
Fundamental Rating

5

Taking everything into account, AIL scores 5 out of 10 in our fundamental rating. AIL was compared to 68 industry peers in the Chemicals industry. While AIL belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. AIL is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year AIL was profitable.
  • In the past year AIL had a positive cash flow from operations.
  • Each year in the past 5 years AIL has been profitable.
  • AIL had a positive operating cash flow in each of the past 5 years.
AIL.DE Yearly Net Income VS EBIT VS OCF VS FCFAIL.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

1.2 Ratios

  • AIL's Return On Assets of 6.70% is fine compared to the rest of the industry. AIL outperforms 76.47% of its industry peers.
  • Looking at the Return On Equity, with a value of 13.49%, AIL is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
  • The Return On Invested Capital of AIL (9.87%) is better than 83.82% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for AIL is above the industry average of 6.72%.
  • The 3 year average ROIC (9.47%) for AIL is below the current ROIC(9.87%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 6.7%
ROE 13.49%
ROIC 9.87%
ROA(3y)6.1%
ROA(5y)5.92%
ROE(3y)12.2%
ROE(5y)12.34%
ROIC(3y)9.47%
ROIC(5y)8.98%
AIL.DE Yearly ROA, ROE, ROICAIL.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • With an excellent Profit Margin value of 12.22%, AIL belongs to the best of the industry, outperforming 89.71% of the companies in the same industry.
  • In the last couple of years the Profit Margin of AIL has grown nicely.
  • With an excellent Operating Margin value of 19.93%, AIL belongs to the best of the industry, outperforming 92.65% of the companies in the same industry.
  • In the last couple of years the Operating Margin of AIL has grown nicely.
  • Looking at the Gross Margin, with a value of 63.01%, AIL belongs to the top of the industry, outperforming 91.18% of the companies in the same industry.
  • In the last couple of years the Gross Margin of AIL has remained more or less at the same level.
Industry RankSector Rank
OM 19.93%
PM (TTM) 12.22%
GM 63.01%
OM growth 3Y3.78%
OM growth 5Y2.86%
PM growth 3Y3.49%
PM growth 5Y3.63%
GM growth 3Y1.78%
GM growth 5Y0.07%
AIL.DE Yearly Profit, Operating, Gross MarginsAIL.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AIL is creating some value.
  • Compared to 1 year ago, AIL has about the same amount of shares outstanding.
  • The number of shares outstanding for AIL has been increased compared to 5 years ago.
  • The debt/assets ratio for AIL has been reduced compared to a year ago.
AIL.DE Yearly Shares OutstandingAIL.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
AIL.DE Yearly Total Debt VS Total AssetsAIL.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.2 Solvency

  • An Altman-Z score of 3.78 indicates that AIL is not in any danger for bankruptcy at the moment.
  • AIL has a better Altman-Z score (3.78) than 76.47% of its industry peers.
  • The Debt to FCF ratio of AIL is 4.60, which is a neutral value as it means it would take AIL, 4.60 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 4.60, AIL is doing good in the industry, outperforming 79.41% of the companies in the same industry.
  • AIL has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of AIL (0.47) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 4.6
Altman-Z 3.78
ROIC/WACC1.32
WACC7.47%
AIL.DE Yearly LT Debt VS Equity VS FCFAIL.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.3 Liquidity

  • AIL has a Current Ratio of 0.84. This is a bad value and indicates that AIL is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.84, AIL is doing worse than 83.82% of the companies in the same industry.
  • AIL has a Quick Ratio of 0.84. This is a bad value and indicates that AIL is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.61, AIL is doing worse than 83.82% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.84
Quick Ratio 0.61
AIL.DE Yearly Current Assets VS Current LiabilitesAIL.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • AIL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.10%, which is quite good.
  • The Earnings Per Share has been growing by 11.55% on average over the past years. This is quite good.
  • AIL shows a decrease in Revenue. In the last year, the revenue decreased by -1.99%.
  • AIL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.30% yearly.
EPS 1Y (TTM)11.1%
EPS 3Y12.6%
EPS 5Y11.55%
EPS Q2Q%-4.88%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%2.94%

3.2 Future

  • The Earnings Per Share is expected to grow by 10.14% on average over the next years. This is quite good.
  • AIL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.85% yearly.
EPS Next Y3.85%
EPS Next 2Y7.33%
EPS Next 3Y8.28%
EPS Next 5Y10.14%
Revenue Next Year0.45%
Revenue Next 2Y2.29%
Revenue Next 3Y3.29%
Revenue Next 5Y3.85%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
AIL.DE Yearly Revenue VS EstimatesAIL.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 10B 20B 30B
AIL.DE Yearly EPS VS EstimatesAIL.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 26.87 indicates a quite expensive valuation of AIL.
  • AIL's Price/Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 28.25, AIL is valued at the same level.
  • A Price/Forward Earnings ratio of 22.74 indicates a rather expensive valuation of AIL.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AIL is on the same level as its industry peers.
  • AIL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.50.
Industry RankSector Rank
PE 26.87
Fwd PE 22.74
AIL.DE Price Earnings VS Forward Price EarningsAIL.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • AIL's Enterprise Value to EBITDA ratio is in line with the industry average.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as AIL.
Industry RankSector Rank
P/FCF 35.46
EV/EBITDA 13.4
AIL.DE Per share dataAIL.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AIL does not grow enough to justify the current Price/Earnings ratio.
  • AIL has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)6.98
PEG (5Y)2.33
EPS Next 2Y7.33%
EPS Next 3Y8.28%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • AIL has a Yearly Dividend Yield of 2.09%. Purely for dividend investing, there may be better candidates out there.
  • AIL's Dividend Yield is comparable with the industry average which is at 2.28.
  • Compared to an average S&P500 Dividend Yield of 1.82, AIL has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.09%

5.2 History

  • The dividend of AIL has a limited annual growth rate of 5.86%.
Dividend Growth(5Y)5.86%
Div Incr Years6
Div Non Decr Years6
AIL.DE Yearly Dividends per shareAIL.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • AIL pays out 59.10% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • AIL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP59.1%
EPS Next 2Y7.33%
EPS Next 3Y8.28%
AIL.DE Yearly Income VS Free CF VS DividendAIL.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B
AIL.DE Dividend Payout.AIL.DE Dividend Payout, showing the Payout Ratio.AIL.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

AIR LIQUIDE SA

FRA:AIL (2/4/2026, 7:00:00 PM)

168.46

+8.96 (+5.62%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)10-21
Earnings (Next)02-20
Inst Owners27.85%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap97.46B
Revenue(TTM)27.06B
Net Income(TTM)3.31B
Analysts81.29
Price Target201.45 (19.58%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.09%
Yearly Dividend2.98
Dividend Growth(5Y)5.86%
DP59.1%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.44%
PT rev (3m)-0.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.74%
EPS NY rev (3m)-1.26%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.22%
Valuation
Industry RankSector Rank
PE 26.87
Fwd PE 22.74
P/S 3.6
P/FCF 35.46
P/OCF 15.1
P/B 3.98
P/tB 10.66
EV/EBITDA 13.4
EPS(TTM)6.27
EY3.72%
EPS(NY)7.41
Fwd EY4.4%
FCF(TTM)4.75
FCFY2.82%
OCF(TTM)11.16
OCFY6.62%
SpS46.77
BVpS42.37
TBVpS15.81
PEG (NY)6.98
PEG (5Y)2.33
Graham Number77.32
Profitability
Industry RankSector Rank
ROA 6.7%
ROE 13.49%
ROCE 13.55%
ROIC 9.87%
ROICexc 10.27%
ROICexgc 16.67%
OM 19.93%
PM (TTM) 12.22%
GM 63.01%
FCFM 10.16%
ROA(3y)6.1%
ROA(5y)5.92%
ROE(3y)12.2%
ROE(5y)12.34%
ROIC(3y)9.47%
ROIC(5y)8.98%
ROICexc(3y)9.91%
ROICexc(5y)9.43%
ROICexgc(3y)16.92%
ROICexgc(5y)16.28%
ROCE(3y)12.5%
ROCE(5y)11.85%
ROICexgc growth 3Y3.94%
ROICexgc growth 5Y3.85%
ROICexc growth 3Y4.91%
ROICexc growth 5Y4.63%
OM growth 3Y3.78%
OM growth 5Y2.86%
PM growth 3Y3.49%
PM growth 5Y3.63%
GM growth 3Y1.78%
GM growth 5Y0.07%
F-Score7
Asset Turnover0.55
Health
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 4.6
Debt/EBITDA 1.45
Cap/Depr 144.46%
Cap/Sales 13.69%
Interest Coverage 20.73
Cash Conversion 81.12%
Profit Quality 83.14%
Current Ratio 0.84
Quick Ratio 0.61
Altman-Z 3.78
F-Score7
WACC7.47%
ROIC/WACC1.32
Cap/Depr(3y)136.72%
Cap/Depr(5y)133.49%
Cap/Sales(3y)12.08%
Cap/Sales(5y)12.32%
Profit Quality(3y)89.93%
Profit Quality(5y)95.75%
High Growth Momentum
Growth
EPS 1Y (TTM)11.1%
EPS 3Y12.6%
EPS 5Y11.55%
EPS Q2Q%-4.88%
EPS Next Y3.85%
EPS Next 2Y7.33%
EPS Next 3Y8.28%
EPS Next 5Y10.14%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%2.94%
Revenue Next Year0.45%
Revenue Next 2Y2.29%
Revenue Next 3Y3.29%
Revenue Next 5Y3.85%
EBIT growth 1Y6.38%
EBIT growth 3Y9.02%
EBIT growth 5Y7.28%
EBIT Next Year55.06%
EBIT Next 3Y21.81%
EBIT Next 5Y15.89%
FCF growth 1Y-11.8%
FCF growth 3Y1.77%
FCF growth 5Y6.15%
OCF growth 1Y-1.16%
OCF growth 3Y4.31%
OCF growth 5Y6.05%

AIR LIQUIDE SA / AIL.DE FAQ

What is the fundamental rating for AIL stock?

ChartMill assigns a fundamental rating of 6 / 10 to AIL.DE.


What is the valuation status for AIL stock?

ChartMill assigns a valuation rating of 3 / 10 to AIR LIQUIDE SA (AIL.DE). This can be considered as Overvalued.


How profitable is AIR LIQUIDE SA (AIL.DE) stock?

AIR LIQUIDE SA (AIL.DE) has a profitability rating of 9 / 10.


Can you provide the financial health for AIL stock?

The financial health rating of AIR LIQUIDE SA (AIL.DE) is 6 / 10.


How sustainable is the dividend of AIR LIQUIDE SA (AIL.DE) stock?

The dividend rating of AIR LIQUIDE SA (AIL.DE) is 4 / 10 and the dividend payout ratio is 59.1%.