Air Liquide SA (AI) — Cash Flow Quality Index
Air Liquide SA (AI) has a Cash Flow Quality Index of 2.04x as of December 2025. Operating cash flow of €3.50 Billion exceeds net income of €1.72 Billion, indicating high earnings quality where cash backs reported profits. Explore investment intensity of Air Liquide SA to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Air Liquide SA Cash Flow Quality Index (2004–2025)
Historical Cash Flow Quality Index for Air Liquide SA across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Air Liquide SA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Air Liquide SA (2004–2025)
Year-by-year earnings quality comparison for Air Liquide SA. For live market cap and the full company financial profile, see AI market cap overview.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.81x | €6.35 Billion | €3.52 Billion | ▼ -5.5% |
| 2024 | 1.91x | €6.32 Billion | €3.31 Billion | ▼ -6.0% |
| 2023 | 2.03x | €6.26 Billion | €3.08 Billion | ▼ -3.4% |
| 2022 | 2.11x | €5.81 Billion | €2.76 Billion | ▼ -2.8% |
| 2021 | 2.17x | €5.57 Billion | €2.57 Billion | ▲ +1.3% |
| 2020 | 2.14x | €5.21 Billion | €2.44 Billion | ▲ +1.7% |
| 2019 | 2.10x | €4.71 Billion | €2.24 Billion | ▼ -5.8% |
| 2018 | 2.23x | €4.72 Billion | €2.11 Billion | ▲ +15.4% |
| 2017 | 1.93x | €4.25 Billion | €2.20 Billion | ▼ -3.5% |
| 2016 | 2.00x | €3.70 Billion | €1.84 Billion | ▲ +24.3% |
| 2015 | 1.61x | €2.83 Billion | €1.76 Billion | ▼ -5.1% |
| 2014 | 1.70x | €2.83 Billion | €1.67 Billion | ▼ -0.5% |
| 2013 | 1.71x | €2.80 Billion | €1.64 Billion | ▲ +0.4% |
| 2012 | 1.70x | €2.71 Billion | €1.59 Billion | ▲ +7.7% |
| 2011 | 1.58x | €2.43 Billion | €1.53 Billion | ▼ -4.8% |
| 2010 | 1.66x | €2.42 Billion | €1.46 Billion | ▼ -13.0% |
| 2009 | 1.91x | €2.45 Billion | €1.29 Billion | ▲ +5.8% |
| 2008 | 1.80x | €2.29 Billion | €1.27 Billion | ▲ +0.3% |
| 2007 | 1.80x | €2.10 Billion | €1.17 Billion | ▲ +9.0% |
| 2006 | 1.65x | €1.77 Billion | €1.07 Billion | ▼ -3.5% |
| 2005 | 1.71x | €1.72 Billion | €1.01 Billion | ▼ -1.0% |
| 2004 | 1.72x | €1.45 Billion | €841.80 Million | — |