Air Liquide SA (AI) — Free Cash Flow Generation Index
Latest as of December 2025:
0.43x
Air Liquide SA (AI) has a Free Cash Flow Generation Index of 0.43x as of December 2025. Free cash flow of €1.49 Billion represents 0% of operating cash flow (€3.50 Billion). See AI working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.43x
Free Cash Flow / Operating CF
Free Cash Flow
€1.49 Billion
EUR
Operating Cash Flow
€3.50 Billion
EUR
Capital Expenditures
€2.01 Billion
EUR
Air Liquide SA Free Cash Flow Generation Index (2004–2025)
Historical FCF Generation Index trend for Air Liquide SA across 22 annual periods. Explore Air Liquide SA (AI) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Air Liquide SA (2004–2025)
Year-by-year Free Cash Flow Generation Index for Air Liquide SA. For the full company profile including market capitalisation, see how much is Air Liquide SA worth.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.40x | €2.51 Billion | €6.35 Billion | €3.84 Billion | ▼ -10.7% |
| 2024 | 0.44x | €2.80 Billion | €6.32 Billion | €3.53 Billion | ▼ -3.4% |
| 2023 | 0.46x | €2.87 Billion | €6.26 Billion | €3.39 Billion | ▲ +4.9% |
| 2022 | 0.44x | €2.54 Billion | €5.81 Billion | €3.27 Billion | ▼ -8.3% |
| 2021 | 0.48x | €2.65 Billion | €5.57 Billion | €2.92 Billion | ▼ -3.7% |
| 2020 | 0.49x | €2.58 Billion | €5.21 Billion | €2.63 Billion | ▲ +12.3% |
| 2019 | 0.44x | €2.08 Billion | €4.71 Billion | €2.64 Billion | ▼ -15.8% |
| 2018 | 0.52x | €2.47 Billion | €4.72 Billion | €2.25 Billion | ▲ +7.4% |
| 2017 | 0.49x | €2.07 Billion | €4.25 Billion | €2.18 Billion | ▲ +25.2% |
| 2016 | 0.39x | €1.44 Billion | €3.70 Billion | €2.26 Billion | ▲ +36.9% |
| 2015 | 0.28x | €804.70 Million | €2.83 Billion | €2.03 Billion | ▼ -13.4% |
| 2014 | 0.33x | €927.90 Million | €2.83 Billion | €1.90 Billion | ▲ +42.1% |
| 2013 | 0.23x | €646.60 Million | €2.80 Billion | €2.16 Billion | ▼ -10.8% |
| 2012 | 0.26x | €700.60 Million | €2.71 Billion | €2.01 Billion | ▼ -6.5% |
| 2011 | 0.28x | €670.80 Million | €2.43 Billion | €1.75 Billion | ▼ -31.0% |
| 2010 | 0.40x | €970.10 Million | €2.42 Billion | €1.45 Billion | ▼ -5.6% |
| 2009 | 0.42x | €1.04 Billion | €2.45 Billion | €1.41 Billion | ▲ +153.1% |
| 2008 | 0.17x | €384.60 Million | €2.29 Billion | €1.91 Billion | ▼ -52.5% |
| 2007 | 0.35x | €742.80 Million | €2.10 Billion | €1.36 Billion | ▼ -2.2% |
| 2006 | 0.36x | €638.50 Million | €1.77 Billion | €1.13 Billion | ▼ -16.5% |
| 2005 | 0.43x | €744.90 Million | €1.72 Billion | €975.20 Million | ▲ +14.1% |
| 2004 | 0.38x | €550.80 Million | €1.45 Billion | €901.00 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).