Air Liquide (WBO:AI) EV-to-EBIT: 24.61 (As of Jul. 16, 2026) — 14% Above Median

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WBO:AI Air Liquide SA WBO:AI
82 GF Score
Price €175.56
GF Value €149.44
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Air Liquide EV-to-EBIT?

Air Liquide WBO:AI -1.30% 82 EV-to-EBIT is 24.61 as of Jul. 16, 2026, which is 14% above its 10-year median of 21.64. GuruFocus rates WBO:AI with a GF Score™ of 82/100 and a GF Value™ of €149.44 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,236 Chemicals companies, Air Liquide ranks worse than 61.89% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Air Liquide's Enterprise Value is €122,169 Mil. Air Liquide's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €4,965 Mil. Therefore, Air Liquide's EV-to-EBIT for today is 24.61.

The historical rank and industry rank for Air Liquide's EV-to-EBIT or its related term are showing as below:

WBO:AI' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.54   Med: 21.64   Max: 26.86
Current: 24.61

During the past 13 years, the highest EV-to-EBIT of Air Liquide was 26.86. The lowest was 14.54. And the median was 21.64.

WBO:AI's EV-to-EBIT is ranked worse than
61.89% of 1236 companies
in the Chemicals industry
Industry Median: 17.76 vs WBO:AI: 24.61

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Air Liquide's Enterprise Value for the quarter that ended in Dec. 2025 was €103,480 Mil. Air Liquide's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €4,965 Mil. Air Liquide's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.80%.


Air Liquide  (WBO:AI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Air Liquide's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=4965.2/103479.83319869
=4.80 %

Air Liquide's Enterprise Value for the quarter that ended in Dec. 2025 was €103,480 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air Liquide's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €4,965 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Air Liquide EV-to-EBIT Related Terms


Air Liquide EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Air Liquide's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Air Liquide EV-to-EBIT Chart

Air Liquide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.60 20.66 24.42 22.08 20.81

Air Liquide Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.42 0.00 22.08 0.00 20.81

WBO:AI vs LIN, SHW, ECL: EV-to-EBIT Comparison

For the Specialty Chemicals subindustry, Air Liquide's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Air Liquide EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Liquide's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Air Liquide's EV-to-EBIT falls into.


WBO:AI
82GF Score
Air Liquide SA WBO:AI
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air Liquide EV-to-EBIT Calculation

Air Liquide's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=122169.008/4965.2
=24.61

Air Liquide's current Enterprise Value is €122,169 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air Liquide's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €4,965 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 24.61 mean?
Air Liquide (WBO:AI) has a EV-to-EBIT of 24.61 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Air Liquide and its competitors. This is 14% above median its historical median of 21.64. Over the past decade, Air Liquide's EV-to-EBIT has ranged from 14.54 to 26.86. According to the industry distribution chart, Air Liquide ranks #765 out of 1236 companies in the Chemicals industry, placing it in the top 61.9%.
Is Air Liquide's EV-to-EBIT too high?
Air Liquide's current EV-to-EBIT of 24.61 is 14% above median its 10-year median of 21.64. Over the past 10 years, this metric has ranged from a low of 14.54 to a high of 26.86. The Chemicals industry median EV-to-EBIT is 17.76. Air Liquide's value of 24.61 is 38.6% above this industry median. Based on the distribution chart, Air Liquide ranks #765 out of 1236 companies in the Chemicals industry, which is below the industry midpoint. Overall, Air Liquide has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's EV-to-EBIT compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Liquide ranks #765 out of 1236 companies for EV-to-EBIT. This places Air Liquide in the lower half of its industry. The industry median EV-to-EBIT is 17.76. Air Liquide's value of 24.61 is 38.6% above this benchmark. Historically, Air Liquide's own EV-to-EBIT has ranged from 14.54 to 26.86 over the past decade. While the company's 10-year median is 21.64 vs. the industry median of 17.76, Air Liquide has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Chemicals company?
The median EV-to-EBIT among Chemicals companies is 17.76, based on 1,236 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Liquide's current EV-to-EBIT of 24.61 is 38.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Air Liquide and its competitors. For the Chemicals industry, the median EV-to-EBIT is 17.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Liquide's current EV-to-EBIT is 24.61, which is 14% above median its own 10-year median of 21.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Liquide stock overvalued right now?
Based on GuruFocus' analysis, Air Liquide (WBO:AI) is currently considered Modestly Overvalued. The stock's GF Value™ is €149.44, compared to a current price of €175.56 — trading 17.5% above its estimated fair value. The current EV-to-EBIT is 24.61, which is 14% above median its 10-year median of 21.64 and 38.6% above the Chemicals industry median of 17.76. Air Liquide's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Air Liquide (WBO:AI), the current EV-to-EBIT is 24.61 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Air Liquide (WBO:AI) Overvalued in 2026?

Based on GuruFocus' analysis, Air Liquide stock appears to be overvalued. The current stock price of €175.56 is trading 17.5% above its estimated GF Value™ of €149.44. GuruFocus considers Air Liquide to be Modestly Overvalued.

Key valuation signals for WBO:AI:

  • EV-to-EBIT: 24.61 (14% above median its 10-year median of 21.64)
  • GF Value™: €149.44 vs. price of €175.56 (17.5% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 38.6% above the Chemicals median (#765 of 1236)

No single metric tells the full story. See the WBO:AI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air Liquide Business Description

Address 1, Paris, FRA, 75007
Founded in 1902, Air Liquide is one of the leading industrial gas companies in the world, serving over 3.8 million customers in 78 countries. The company generated approximately EUR 27.9 billion of revenue in 2025, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. Air Liquide employs approximately 65,000 people.
82GF Score

Get the complete analysis for WBO:AI

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€175.56
Price
€149.44
GF Value