L'Air Liquide S.A.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from L'Air Liquide S.A.'s yearly results (2022–2025), compared with companies in France. Tap ? on any ratio for what it means.
What stands out
- Self-Funding Ratio: Over the last 3 years its own operating cash covered its investment spending (capex) 1.8 times. Lower than 88% of companies in France.
Where €100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
€193Over the last 3 years, every €100 of reported profit came with €193 of operating cash.
Higher than 58% of companies in France.
Self-Funding Ratio
1.8×Over the last 3 years its own operating cash covered its investment spending (capex) 1.8 times.
Lower than 88% of companies in France.
Cash Locked Ratio
€1For every €100 of sales, €1 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against €2 from others' credit three years earlier.
Less money tied up than 60% of companies in France.
Growth quality
Steadiness Ratio
0/3 · 3/3Sales grew in 0 of the last 3 years; profit grew in 3 of 3.
Less steady than 76% of companies in France.
Growth Efficiency Ratio
—Sales fell 10%
Sales fell 10% in 3 years, so extra profit per extra sales cannot be measured.
Asset Productivity Ratio
-10% / +5%In 3 years sales changed by -10% while total assets changed by +5%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
2.8×Debt due within a year is covered 2.8 times by its yearly operating cash.
Higher than 70% of companies in France.
Cash Cushion Ratio
−9%Debt, after subtracting cash, equals 9% of its market value (net debt).
Higher than 70% of companies in France.
Tangible Assets Ratio
70%Of every €100 the company owns, €70 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 50% of companies in France.
Tangible Net Worth Ratio
41%Of every €100 of net worth, €41 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 71% of companies in France.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
L'Air Liquide S.A. owes €0.48 for every €1 it owns. Net profit rose 6% in the year to Dec 2025, and grew 8% a year on average over 3 years.
Compared with companies in France · latest annual results Dec 2025.
P/E ratio
31.3Investors pay €31.3 for every €1 of L'Air Liquide S.A.'s yearly profit, higher than 86% of companies in France.
P/B ratio
4.23The share price is 4.23 times L'Air Liquide S.A.'s book value per share, higher than 77% of companies in France.
Market cap
€110.8 BThe total market value of all of L'Air Liquide S.A.'s shares at today's price (share price × number of shares), larger than 80% of companies in France. PosiCap size class: Tito Cap.
Net worth (book value)
€26.2 BWhat L'Air Liquide S.A. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Dec 2025).
Book value per share
€41.08Net worth divided by the number of shares. The share price of €173.58 is 4.2 times this, which is the P/B above.
Return on equity (ROE)
14.0%L'Air Liquide S.A. earned 14.0% on its shareholders' money over the last year, higher than 53% of companies in France.
Owes vs Owns
0.48×L'Air Liquide S.A. owes €0.48 for every €1 it owns (low), lower than 86% of companies in France.
Dividend yield
1.95%L'Air Liquide S.A. pays 1.95% of its share price as dividends a year, lower than 74% of dividend-paying companies in France.
Revenue growth
-0%Revenue fell 0% in the year to Dec 2025, and shrank 3% a year on average over 3 years.
Profit growth
+6%Net profit rose 6% in the year to Dec 2025, and grew 8% a year on average over 3 years.
Profit margin
13.1%L'Air Liquide S.A. keeps €13 of every €100 of revenue as net profit.
Cash quality
1.9×Cash from L'Air Liquide S.A.'s business was 1.9× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
63.3×L'Air Liquide S.A.'s operating profit covered its interest costs 63.3 times in the year to Dec 2025.
Cash vs debt
Net debtL'Air Liquide S.A. had €10.0 B more debt than cash (net debt) at Dec 2025.
Questions
What is L'Air Liquide S.A.'s P/E ratio?
Investors pay €31.3 for every €1 of L'Air Liquide S.A.'s yearly profit, higher than 86% of companies in France.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For L'Air Liquide S.A.: €110.8 B ÷ €26.2 B (31 Dec 2025) = 4.2.
What is L'Air Liquide S.A.'s return on equity?
L'Air Liquide S.A. earned 14.0% on its shareholders' money over the last year, higher than 53% of companies in France.
How much does L'Air Liquide S.A. owe compared with what it owns?
L'Air Liquide S.A. owes €0.48 for every €1 it owns (low), lower than 86% of companies in France.
Does L'Air Liquide S.A. pay a dividend?
Yes. L'Air Liquide S.A. pays 1.95% of its share price as dividends a year, lower than 74% of dividend-paying companies in France.
Is L'Air Liquide S.A.'s revenue growing?
Revenue fell 0% in the year to Dec 2025, and shrank 3% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.