Air Liquide SA (AI) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.130x

Based on the latest financial reports, Air Liquide SA (AI) has a cash flow conversion efficiency ratio of 0.130x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€3.50 Billion ≈ $4.09 Billion USD) by net assets (€26.95 Billion ≈ $31.50 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See shareholders equity of Air Liquide SA for net asset value and shareholders' equity analysis.

Air Liquide SA - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how Air Liquide SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. For the full company profile with market capitalisation and key ratios, see how much is Air Liquide SA worth.

Air Liquide SA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Air Liquide SA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Intuit Inc NASDAQ:INTU	0.033x
Crowdstrike Holdings Inc NASDAQ:CRWD	0.111x
Vertex Pharmaceuticals Inc NASDAQ:VRTX	0.067x
GlaxoSmithKline plc MX:GSKN	0.141x
State Bank of India NSE:SBIN	-0.265x
Lockheed Martin Corporation NYSE:LMT	0.603x
Sanofi F:SNW2	0.051x
Bank of Montreal TO:BMO	-0.016x

Annual Cash Flow Conversion Efficiency for Air Liquide SA (2004–2025)

The table below shows the annual cash flow conversion efficiency of Air Liquide SA from 2004 to 2025. Read Air Liquide SA balance sheet liabilities for a breakdown of total debt and financial obligations.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€26.95 Billion ≈ $31.50 Billion	€6.35 Billion ≈ $7.43 Billion	0.236x	+3.03%
2024-12-31	€27.62 Billion ≈ $32.29 Billion	€6.32 Billion ≈ $7.39 Billion	0.229x	-8.48%
2023-12-31	€25.04 Billion ≈ $29.28 Billion	€6.26 Billion ≈ $7.32 Billion	0.250x	+5.77%
2022-12-31	€24.57 Billion ≈ $28.73 Billion	€5.81 Billion ≈ $6.79 Billion	0.236x	-6.62%
2021-12-31	€22.00 Billion ≈ $25.72 Billion	€5.57 Billion ≈ $6.51 Billion	0.253x	-7.55%
2020-12-31	€19.00 Billion ≈ $22.22 Billion	€5.21 Billion ≈ $6.09 Billion	0.274x	+12.33%
2019-12-31	€19.32 Billion ≈ $22.59 Billion	€4.71 Billion ≈ $5.51 Billion	0.244x	-5.86%
2018-12-31	€18.21 Billion ≈ $21.29 Billion	€4.72 Billion ≈ $5.51 Billion	0.259x	+1.80%
2017-12-31	€16.72 Billion ≈ $19.55 Billion	€4.25 Billion ≈ $4.97 Billion	0.254x	+17.88%
2016-12-31	€17.12 Billion ≈ $20.02 Billion	€3.70 Billion ≈ $4.32 Billion	0.216x	-2.68%
2015-12-31	€12.77 Billion ≈ $14.93 Billion	€2.83 Billion ≈ $3.31 Billion	0.222x	-7.30%
2014-12-31	€11.83 Billion ≈ $13.83 Billion	€2.83 Billion ≈ $3.31 Billion	0.239x	-7.05%
2013-12-31	€10.89 Billion ≈ $12.73 Billion	€2.80 Billion ≈ $3.28 Billion	0.257x	-0.74%
2012-12-31	€10.44 Billion ≈ $12.21 Billion	€2.71 Billion ≈ $3.17 Billion	0.259x	+6.86%
2011-12-31	€10.00 Billion ≈ $11.69 Billion	€2.43 Billion ≈ $2.84 Billion	0.243x	-8.61%
2010-12-31	€9.11 Billion ≈ $10.65 Billion	€2.42 Billion ≈ $2.83 Billion	0.266x	-16.04%
2009-12-31	€7.75 Billion ≈ $9.06 Billion	€2.45 Billion ≈ $2.87 Billion	0.316x	-3.36%
2008-12-31	€7.01 Billion ≈ $8.19 Billion	€2.29 Billion ≈ $2.68 Billion	0.327x	+0.84%
2007-12-31	€6.48 Billion ≈ $7.57 Billion	€2.10 Billion ≈ $2.46 Billion	0.325x	+20.65%
2006-12-31	€6.57 Billion ≈ $7.68 Billion	€1.77 Billion ≈ $2.07 Billion	0.269x	-2.89%
2005-12-31	€6.21 Billion ≈ $7.26 Billion	€1.72 Billion ≈ $2.01 Billion	0.277x	+9.06%
2004-12-31	€5.72 Billion ≈ $6.68 Billion	€1.45 Billion ≈ $1.70 Billion	0.254x	--

About Air Liquide SA

PA:AI France Specialty Chemicals

Market Cap

$123.50 Billion

€105.64 Billion EUR

Market Cap Rank

#223 Global

#8 in France

Share Price

€183.08

Change (1 day)

+1.37%

52-Week Range

€155.68 - €188.54

All Time High

€188.54