Air Liquide S.A. (EPA:AI)
174.80
+7.28 (4.35%)
Feb 20, 2026, 4:46 PM CET
Air Liquide Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 26,940 | 27,058 | 27,608 | 29,934 | 23,335 |
Other Revenue | 347.3 | - | - | - | - |
| 27,288 | 27,058 | 27,608 | 29,934 | 23,335 | |
Revenue Growth (YoY) | 0.85% | -1.99% | -7.77% | 28.28% | 13.91% |
Cost of Revenue | 9,651 | 10,008 | 11,147 | 13,813 | 9,389 |
Gross Profit | 17,636 | 17,050 | 16,461 | 16,121 | 13,946 |
Selling, General & Admin | 5,088 | 5,199 | 5,135 | 4,973 | 4,369 |
Other Operating Expenses | 4,403 | 4,221 | 4,045 | 4,074 | 3,477 |
Operating Expenses | 12,055 | 11,926 | 11,662 | 11,513 | 10,019 |
Operating Income | 5,582 | 5,124 | 4,799 | 4,608 | 3,927 |
Interest Expense | -242.5 | -378.9 | -372.9 | -357 | -320.4 |
Interest & Investment Income | - | 75 | 69.4 | 33 | 12.2 |
Earnings From Equity Investments | -7.6 | -0.7 | 4.9 | 1.1 | 5.4 |
Other Non Operating Income (Expenses) | -153.7 | 145.9 | 29.4 | 61.6 | 167.7 |
EBT Excluding Unusual Items | 5,178 | 4,965 | 4,530 | 4,347 | 3,792 |
Merger & Restructuring Charges | - | -226.1 | -163.8 | -79.7 | -71.8 |
Gain (Loss) on Sale of Assets | - | 7 | 126.9 | 129.9 | -27.5 |
Asset Writedown | - | -215.7 | -474.8 | -396.1 | -9.2 |
Other Unusual Items | -302.9 | -4 | 142.1 | -94.9 | -77 |
Pretax Income | 4,875 | 4,527 | 4,160 | 3,906 | 3,607 |
Income Tax Expense | 1,231 | 1,087 | 971.8 | 1,002 | 914.8 |
Earnings From Continuing Operations | 3,644 | 3,440 | 3,188 | 2,904 | 2,692 |
Net Income to Company | 3,644 | 3,440 | 3,188 | 2,904 | 2,692 |
Minority Interest in Earnings | -126.5 | -133.9 | -110.4 | -145.1 | -119.7 |
Net Income | 3,518 | 3,306 | 3,078 | 2,759 | 2,572 |
Net Income to Common | 3,518 | 3,306 | 3,078 | 2,759 | 2,572 |
Net Income Growth | 6.41% | 7.41% | 11.57% | 7.25% | 5.63% |
Shares Outstanding (Basic) | 577 | 576 | 576 | 574 | 573 |
Shares Outstanding (Diluted) | 577 | 578 | 578 | 576 | 575 |
Shares Change (YoY) | -0.26% | 0.05% | 0.28% | 0.15% | 0.30% |
EPS (Basic) | 6.10 | 5.74 | 5.35 | 4.80 | 4.49 |
EPS (Diluted) | 6.10 | 5.72 | 5.33 | 4.79 | 4.47 |
EPS Growth | 6.64% | 7.32% | 11.25% | 7.11% | 5.29% |
Free Cash Flow | 2,675 | 2,797 | 2,870 | 2,537 | 2,654 |
Free Cash Flow Per Share | 4.64 | 4.84 | 4.96 | 4.40 | 4.61 |
Dividend Per Share | - | 3.300 | 3.200 | 2.682 | 2.391 |
Dividend Growth | - | 3.13% | 19.32% | 12.17% | 5.20% |
Gross Margin | 64.63% | 63.01% | 59.62% | 53.85% | 59.77% |
Operating Margin | 20.46% | 18.94% | 17.38% | 15.39% | 16.83% |
Profit Margin | 12.89% | 12.22% | 11.15% | 9.22% | 11.02% |
Free Cash Flow Margin | 9.80% | 10.34% | 10.39% | 8.48% | 11.37% |
EBITDA | 8,145 | 7,328 | 6,988 | 6,782 | 5,821 |
EBITDA Margin | 29.85% | 27.08% | 25.31% | 22.66% | 24.95% |
D&A For EBITDA | 2,564 | 2,204 | 2,189 | 2,174 | 1,894 |
EBIT | 5,582 | 5,124 | 4,799 | 4,608 | 3,927 |
EBIT Margin | 20.46% | 18.94% | 17.38% | 15.39% | 16.83% |
Effective Tax Rate | 25.24% | 24.00% | 23.36% | 25.66% | 25.36% |
Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.