Air Liquide revenue and financials

AI · Euronext Paris · EUR

€168.54−0.33%−€0.56

Close · October 7, 2026

In the fiscal year ended December 2025, Air Liquide reported revenue of €26.94B (−0.43% year over year). Net income was €3.52B, a net margin of 13.1%.

Annual revenue · 2025: €26.94B
  1. €18.13B2016
  2. €20.35B2017
  3. €21.01B2018
  4. €21.92B2019
  5. €20.49B2020
  6. €23.33B2021
  7. €29.93B2022
  8. €27.61B2023
  9. €27.06B2024
  10. €26.94B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−0.43%
2025 vs 2024
Net income growth
+6.41%
2025 vs 2024
Net margin
13.1%
2024: 12.2%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Item2025202420232022202120202019201820172016
Total assets51,91351,86848,33249,51846,78341,97743,66741,98141,02744,118
Current assets10,3708,3477,7188,1977,5916,3665,9676,7636,9917,265
Cash and equivalents3,9621,9151,6251,9112,2471,7911,0261,7261,6561,523
Receivables2,8993,0933,0373,2312,8012,2962,5762,6413,1003,392
Inventory2,1282,1902,0281,9611,5851,4061,5321,4601,3341,323
Net property, plant and equipment24,91025,53923,65223,64722,53220,00321,11819,24818,52620,116
Goodwill13,82314,97714,19414,58713,99213,08713,94313,34512,84013,890
Other intangible assets1,5621,6921,6311,8111,4531,3981,5551,5991,6111,887
Long-term investments431522514603551392395283340337
Current liabilities8,8379,4848,8468,8968,4457,2756,8077,4297,1456,628
Accounts payable2,5182,7992,8073,3252,9352,0842,2342,3922,1552,241
Long-term debt10,0448,4068,57710,19810,51410,23111,57611,70812,51314,815
Total debt13,36711,83811,90713,33113,85713,53814,64114,09014,88516,742
Total liabilities24,96624,24623,28924,94624,78422,97324,34223,77324,30926,993
Total equity (incl. minority)26,94727,62125,04324,57221,99919,00519,32418,20716,71817,125
Retained earnings24,04322,27320,49518,85817,12815,64414,53513,66412,60311,516
Minority interest733761722836537462454424401383