Air Liquide Balance Sheet

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
Cash & Equivalents	3,962	1,915	1,625	1,911	2,247
Cash & Short-Term Investments	3,962	1,915	1,625	1,911	2,247
Cash Growth	106.86%	17.87%	-14.99%	-14.92%	25.41%
Accounts Receivable	2,867	2,997	2,994	3,035	2,694
Inventory	2,128	2,190	2,028	1,961	1,585
Other Current Assets	1,033	1,242	976.3	1,289	980.9
Total Current Assets	9,989	8,344	7,623	8,197	7,507
Net Property, Plant & Equipment	24,910	25,539	23,652	23,647	22,532
Other Intangible Assets	1,562	1,692	1,631	1,811	1,453
Goodwill	13,823	14,977	14,194	14,587	13,992
Long-Term Investments	883.5	944.6	876.8	961.2	903.4
Other Long-Term Assets	745.3	371.5	355.4	314.8	396.6
Total Assets	51,913	51,868	48,332	49,518	46,783
Accounts Payable	3,004	3,319	3,311	3,783	3,333
Current Portion of Long-Term Debt	2,348	2,671	2,285	2,004	2,189
Current Portion of Leases	225.1	239.8	219.7	227.6	228
Other Current Liabilities	3,181	3,253	2,987	2,867	2,658
Total Current Liabilities	8,758	9,483	8,802	8,881	8,407
Long-Term Debt	10,030	8,403	8,561	10,169	10,506
Long-Term Leases	1,034	1,134	1,046	1,052	1,033
Other Long-Term Liabilities	5,144	5,227	4,881	4,844	4,838
Total Long-Term Liabilities	16,129	14,762	14,443	16,050	16,340
Total Liabilities	24,887	24,245	23,245	24,931	24,747
Common Stock	3,187	3,180	2,885	2,879	2,614
Treasury Stock	-179.6	-224.8	-152.7	-118.4	-118.3
Additional Paid-in Capital	2,193	2,064	2,448	2,349	2,749
Retained Earnings	21,014	21,840	19,142	18,627	16,217
Total Common Shareholders' Equity	26,214	26,860	24,322	23,736	21,462
Minority Interest	733.3	761.3	721.6	835.6	536.5
Shareholders' Equity	26,947	27,621	25,043	24,572	21,999
Total Liabilities & Equity	51,913	51,868	48,332	49,518	46,783
Total Debt	13,637	12,448	12,112	13,453	13,956
Net Cash (Debt)	-9,675	-10,533	-10,487	-11,541	-11,709
Net Cash Per Share	-16.77	-18.27	-18.19	-20.03	-20.35
Book Value	26,214	26,860	24,322	23,736	21,462
Book Value Per Share	45.45	46.59	42.19	41.19	37.30
Tangible Book Value	10,828	10,191	8,496	7,338	6,017
Tangible Book Value Per Share	18.77	17.68	14.74	12.73	10.46

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.