Air Liquide
€170.16Change from previous close: +2.24%Absolute change: +€3.72
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 6,518 | 6,322 | 6,263 | 5,810 | 5,571 |
| Depreciation and amortization | 2,501 | 2,444 | 2,428 | 2,413 | 2,123 |
| Capital expenditure | -3,843 | -3,525 | -3,393 | -3,273 | -2,917 |
| Investing cash flow | -3,751 | -3,583 | -3,079 | -3,242 | -3,352 |
| Financing cash flow | -345 | -2,808 | -3,480 | -2,781 | -1,816 |
| Dividends paid | -1,955 | -1,718 | -1,581 | -1,411 | -1,335 |
| Share repurchases | -4.0 | -231 | -81.9 | -192 | -40.1 |
| Effect of exchange rates | -47.2 | -32.4 | -61.6 | -165 | 16.8 |
| Net change in cash | 2,376 | -101 | -357 | -378 | 420 |
| Free cash flow | 2,675 | 2,797 | 2,870 | 2,537 | 2,654 |
| Levered free cash flow | 1,504 | 1,878 | 1,763 | 1,583 | 1,946 |