Air Liquide (AIQUY) AI Stock Analysis

• Market Cap: $117.21B
• Dividend Yield: 1.01%
• Average Volume (3M): 12.51K
• Price to Earnings (P/E): 32.7
• Beta (1Y): 0.45
• Revenue Growth: -1.94%
• EPS Growth: 7.08%
• Country: US
• Employees: 64,124
• Sector: Basic Materials
• Sector Strength: 61
• Industry: Chemicals - Specialty
• EPS (TTM): 1.24
• Shares Outstanding: 2,892,053,700
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 12,506
• PEG Ratio: 4.62
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.84
• Price to Cash Flow (P/CF): 14.60
• P/FCF Ratio: 83.30
• 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: 8.48% 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

L'Air Liquide S.A. provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company's Gas & Services segment offers oxygen, nitrogen, argon, hydrogen, and carbon monoxide to the metals, chemicals, refining, and energy sectors; and gases, application equipment, and associated services to the materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors. It also supplies medical gases, hygiene products, equipment, and services to hospitals, as well as to patients in their homes; and produces and distributes healthcare specialty ingredients for the cosmetics, pharmaceutical, and vaccine markets. In addition, this segment supplies gases, materials, and services for use in the production of semi-conductors, as well as flat screens and photovoltaic panels. Its Engineering & Construction segment designs, develops, and builds industrial gas production plants for third parties; and designs and manufactures plants in the traditional, renewable, and alternative energy sectors. The company's Global Markets & Technologies segment delivers technological solutions, such as molecules, equipment, and services to support the markets of energy transition, primarily in transport, energy, and waste valorization, as well as related to deep tech in the space exploration, aerospace, and big science. This segment also invests in biomethane production units, as well as develops stations for distributing natural bio-gas for vehicles and hydrogen to support clean mobility; operates biomethane production units for use in the maritime industry; and supplies gases for the offshore oil and gas platforms, offshore wind turbines, and cryogenic transportation by sea. L'Air Liquide S.A. was incorporated in 1902 and is headquartered in Paris, France.

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

Air Liquide Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 40.56
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 40.56 is above the 20-day moving average (MA) of 38.63, above the 50-day MA of 38.26, and above the 200-day MA of 36.10, indicating a bullish trend. The MACD of 0.71 indicates Negative momentum. The RSI at 62.00 is Neutral, neither overbought nor oversold. The STOCH value of 97.50 is Negative, 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	$117.21B	32.70	13.08%	1.01%	-1.94%	7.08%
ECL	76 Outperform	$67.54B	32.31	25.14%	1.02%	2.75%	54.39%
LIN	74 Outperform	$211.86B	32.90	16.87%	1.26%	0.46%	7.97%
APD	69 Neutral	$59.85B	15.62	24.40%	2.65%	-3.12%	64.53%
PPG	67 Neutral	$23.37B	17.26	19.13%	2.62%	-4.59%	11.09%
DD	67 Neutral	$24.65B	35.23	3.12%	2.36%	2.64%	80.37%
Sector *	49 Neutral	$1.96B	-1.54	-21.88%	3.78%	0.55%	-26.98%