Air Liquide (AIQUY) AI Stock Analysis

• Market Cap: $117.67B
• Dividend Yield: 1%
• Average Volume (3M): 12.51K
• Price to Earnings (P/E): 32.8
• Beta (1Y): 0.46
• Revenue Growth: -1.94%
• EPS Growth: 7.08%
• Country: US
• Employees: 64,124
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Chemicals - Specialty
• EPS (TTM): 0.62
• Shares Outstanding: 2,892,195,800
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 12,506
• PEG Ratio: -5.17
• Price to Book (P/B): 3.92
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 38.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $44.00
• Price Target Upside: 7.32% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Air Liquide's stock is well-supported by strong financial performance and positive earnings call sentiment. The company demonstrates solid profitability, efficient leverage usage, and stable cash flow, which contribute significantly to its resilience and growth potential. Technical indicators show bullish momentum, though caution is warranted due to potential overbought conditions. Valuation appears slightly high, which could limit upside but is balanced by a moderate dividend yield. Overall, Air Liquide presents a robust investment case with positive long-term prospects.

Air Liquide Business Overview & Revenue Model

Company Description

Air Liquide S.A. (AIQUY) is a world leader in gases, technologies, and services for industry and health. The company operates in various sectors, including industrial gases, healthcare, electronics, and engineering & construction. It provides essential small molecules—oxygen, nitrogen, hydrogen, and rare gases—used in a wide range of applications, from metal fabrication and energy to healthcare and electronics manufacturing.

How the Company Makes Money

Air Liquide generates revenue primarily through the sale of industrial gases and related services to a diverse customer base. The company's key revenue streams include large industries, which involve supplying gases for petrochemicals, refining, and natural gas markets; industrial merchant, which covers general industrial customers across various sectors; and healthcare, where the company provides medical gases and equipment. Additionally, Air Liquide has a significant presence in electronics, supplying high-purity gases and advanced materials for semiconductor and flat-panel display manufacturing. Strategic partnerships and long-term contracts with major industrial and healthcare clients further contribute to their earnings, ensuring stable and recurring revenue.

Air Liquide Financial Statement Overview

Summary

Air Liquide exhibits solid financial health across all key financial statements. The company showcases strong profitability, efficient use of leverage, and a stable cash flow generation capacity. These factors collectively position Air Liquide as a financially stable entity capable of sustaining growth and weathering economic challenges.

Income Statement

Air Liquide has demonstrated strong profitability with a consistent gross profit margin around 63% and a robust net profit margin of approximately 12.2% in the latest year. Revenue growth has been stable, with minor fluctuations, showing resilience in market conditions. EBIT and EBITDA margins are healthy, indicating effective cost management and operational efficiency.

Balance Sheet

The company maintains a solid financial position with a debt-to-equity ratio of 0.46, reflecting a balanced leverage strategy. Return on equity is strong at 12.3%, indicating effective utilization of shareholder equity. The equity ratio of 51.8% suggests a stable asset base predominantly funded by equity, reducing financial risk.

Cash Flow

The cash flow statement reveals a consistent ability to generate free cash flow, with a slight decrease in the most recent year but still maintaining a positive trajectory. The operating cash flow to net income ratio is strong, highlighting efficient cash generation relative to net income.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
26.70B	27.06B	27.61B	29.93B	23.33B	20.49B
	Gross Profit
7.94B	17.05B	16.46B	16.12B	13.95B	13.29B
	EBIT
4.09B	4.95B	4.57B	4.29B	4.01B	3.65B
	EBITDA
6.69B	7.29B	6.71B	7.31B	6.11B	5.77B
	Net Income Common Stockholders
2.64B	3.31B	3.08B	2.76B	2.57B	2.44B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.62B	1.92B	1.62B	1.76B	2.10B	1.79B
	Total Assets
48.33B	51.87B	48.33B	49.52B	46.78B	41.98B
	Total Debt
12.11B	12.45B	12.04B	13.38B	13.88B	13.49B
	Net Debt
10.49B	10.53B	10.56B	11.62B	11.78B	11.70B
	Total Liabilities
23.10B	24.25B	23.29B	24.95B	24.78B	22.97B
	Stockholders Equity
24.32B	26.86B	24.32B	23.74B	21.46B	18.54B
Cash Flow		Free Cash Flow
2.38B	2.80B	2.87B	2.54B	2.65B	2.58B
	Operating Cash Flow
5.43B	6.32B	6.26B	5.81B	5.57B	5.21B
	Investing Cash Flow
-3.04B	-3.58B	-3.08B	-3.24B	-3.35B	-1.95B
	Financing Cash Flow
-2.21B	-2.81B	-3.48B	-2.78B	-1.82B	-2.43B

Air Liquide Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 41.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIQUY, the sentiment is Positive. The current price of 41 is above the 20-day moving average (MA) of 40.73, above the 50-day MA of 39.32, and above the 200-day MA of 36.42, indicating a bullish trend. The MACD of 0.64 indicates Positive momentum. The RSI at 56.37 is Neutral, neither overbought nor oversold. The STOCH value of 19.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AIQUY.

Air Liquide Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AIQUY	80 Outperform	$117.67B	32.77	13.08%	1.00%	-1.94%	7.08%
ECL	77 Outperform	$71.30B	34.21	24.62%	0.97%	1.19%	36.31%
LIN	72 Outperform	$212.14B	32.70	17.20%	1.26%	0.78%	6.75%
DD	65 Neutral	$29.55B	40.24	0.06%	2.19%	4.51%	-121.68%
PPG	63 Neutral	$25.73B	19.20	18.47%	2.37%	-7.67%	-0.58%
APD	59 Neutral	$60.90B	39.77	10.45%	2.59%	-1.09%	-37.71%
Sector *	49 Neutral	$1.99B	-1.09	-21.26%	3.60%	1.47%	-31.20%