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 AI defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
GSK PLC SP. ADR/2 NEW F:GS70	0.065x
State Bank of India NSE:SBIN	-0.265x
UBS Group AG SW:UBSG	-0.043x
Accenture plc NYSE:ACN	0.052x
CVS Health Corp NYSE:CVS	0.045x
EssilorLuxottica S. A. PA:EL	0.136x
BNP PARIBAS ADR 1/2/EO 2 F:BNPH	N/A
Delta Electronics (Thailand) Public Company Limited F:NVAW	0.028x

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. For the full company profile with market capitalisation and key ratios, see AI company net worth.

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

$112.93 Billion

€96.59 Billion EUR

Market Cap Rank

#253 Global

#9 in France

Share Price

€167.38

Change (1 day)

+0.92%

52-Week Range

€155.68 - €188.54

All Time High

€188.54