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Air LiquideWBO:AI +0.56%84 EV-to-EBITDA is 16.39 as of Jul. 17, 2026, which is 20% above its 10-year median of 13.67. GuruFocus rates WBO:AI with a GF Score™ of 84/100 and a GF Value™ of €149.46 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,317 Chemicals companies, Air Liquide ranks worse than 57.25% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Air Liquide's enterprise value is €123,404 Mil.
Air Liquide's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €7,529 Mil. Therefore, Air Liquide's EV-to-EBITDA for today is 16.39.
The historical rank and industry rank for Air Liquide's EV-to-EBITDA or its related term are showing as below:
WBO:AI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.67 Med: 13.67 Max: 16.93
Current: 16.39
During the past 13 years, the highest EV-to-EBITDA of Air Liquide was 16.93. The lowest was 9.67. And the median was 13.67.
WBO:AI's EV-to-EBITDA is ranked worse than 57.25% of 1317
companies
in the Chemicals industry
Industry Median: 13.33
vs WBO:AI: 16.39
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Air Liquide (WBO:AI) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Air Liquide's PE Ratio (TTM) for today is calculated as:
Air Liquide's share price for today is €176.54.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air Liquide's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €5.527.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Air Liquide's EV-to-EBITDA 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.
For the Specialty Chemicals subindustry, Air Liquide's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Liquide's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Air Liquide's EV-to-EBITDA falls into.
Air Liquide's current Enterprise Value is €123,404 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air Liquide's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €7,529 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 (WBO:AI) has a EV-to-EBITDA of 16.39 as of Jul. 17, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Air Liquide. This is 20% above median its historical median of 13.67. Over the past decade, Air Liquide's EV-to-EBITDA has ranged from 9.67 to 16.93. According to the industry distribution chart, Air Liquide ranks #754 out of 1317 companies in the Chemicals industry, placing it in the top 57.3%.
Is Air Liquide's EV-to-EBITDA too high?
Air Liquide's current EV-to-EBITDA of 16.39 is 20% above median its 10-year median of 13.67. Over the past 10 years, this metric has ranged from a low of 9.67 to a high of 16.93. The Chemicals industry median EV-to-EBITDA is 13.33. Air Liquide's value of 16.39 is 23% above this industry median. Based on the distribution chart, Air Liquide ranks #754 out of 1317 companies in the Chemicals industry, which is below the industry midpoint. Overall, Air Liquide has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's EV-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Liquide ranks #754 out of 1317 companies for EV-to-EBITDA. This places Air Liquide in the lower half of its industry. The industry median EV-to-EBITDA is 13.33. Air Liquide's value of 16.39 is 23% above this benchmark. Historically, Air Liquide's own EV-to-EBITDA has ranged from 9.67 to 16.93 over the past decade. While the company's 10-year median is 13.67 vs. the industry median of 13.33, 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-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 13.33, based on 1,317 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Liquide's current EV-to-EBITDA of 16.39 is 23% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Air Liquide. For the Chemicals industry, the median EV-to-EBITDA is 13.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Liquide's current EV-to-EBITDA is 16.39, which is 20% above median its own 10-year median of 13.67. 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 €149.46, compared to a current price of €176.54 — trading 18.1% above its estimated fair value. The current EV-to-EBITDA is 16.39, which is 20% above median its 10-year median of 13.67 and 23% above the Chemicals industry median of 13.33. Air Liquide's overall GF Score™ is 84/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Air Liquide (WBO:AI), the current EV-to-EBITDA is 16.39 as of Jul. 17, 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 €176.54 is trading 18.1% above its estimated GF Value™ of €149.46.
GuruFocus considers Air Liquide to be Modestly Overvalued.
Key valuation signals for WBO:AI:
EV-to-EBITDA: 16.39 (20% above median its 10-year median of 13.67)
GF Value™: €149.46 vs. price of €176.54 (18.1% above fair value)
Industry Position: 23% above the Chemicals median (#754 of 1317)
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.
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.
84GF Score
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