Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Air Liquide's Enterprise Value is CHF109,325 Mil.
Air Liquide's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was CHF4,646 Mil. Therefore, Air Liquide's EV-to-EBIT ratio for today is 23.53.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Air Liquide's Enterprise Value is CHF109,325 Mil.
Air Liquide's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was CHF7,044 Mil. Therefore, Air Liquide's EV-to-EBITDA ratio for today is 15.52.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Air Liquide's Enterprise Value is CHF109,325 Mil.
Air Liquide's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was CHF25,205 Mil. Therefore, Air Liquide's EV-to-Revenue ratio for today is 4.34.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Air Liquide's Enterprise Value is CHF109,325 Mil.
Air Liquide's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was CHF2,502 Mil. Therefore, Air Liquide's EV-to-FCF ratio for today is 43.70.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Air Liquide (XSWX:AI1) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Air Liquide's current Enterprise Value is CHF109,325 Mil.
For company reported semi-annually or 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 CHF4,646 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Air Liquide's current Enterprise Value is CHF109,325 Mil.
For company reported semi-annually or 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 CHF7,044 Mil.
Air Liquide's current Enterprise Value is CHF109,325 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air Liquide's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was CHF25,205 Mil.
Air Liquide's current Enterprise Value is CHF109,325 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air Liquide's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was CHF6,097 Mil.
Air Liquide's current Enterprise Value is CHF109,325 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air Liquide's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was CHF2,502 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 Enterprise Value Related Terms
Air Liquide Enterprise Value Historical Data
* Premium members only.
The historical data trend for Air Liquide's Enterprise Value 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.
XSWX:AI1 vs LIN, SHW, ECL: Enterprise Value Comparison
For the Specialty Chemicals subindustry, Air Liquide's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Liquide's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Air Liquide's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Air Liquide's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
What does a Enterprise Value of CHF109,325 Mil mean?
Air Liquide (XSWX:AI1) has a Enterprise Value of CHF109,325 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Air Liquide and its competitors.
Is Air Liquide's Enterprise Value too high?
Air Liquide's current Enterprise Value is CHF109,325 Mil. Overall, Air Liquide has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's Enterprise Value compare to LIN and SHW?
Air Liquide's Enterprise Value of CHF109,325 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Chemicals company?
A good Enterprise Value depends on the Chemicals industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Air Liquide and its competitors. Air Liquide's current Enterprise Value is CHF109,325 Mil. 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?
Air Liquide (XSWX:AI1) has a current Enterprise Value of CHF109,325 Mil. The stock's GF Value™ is CHF140.88, compared to a current price of CHF157.66 — trading 11.9% above its estimated fair value. The current Enterprise Value is CHF109,325 Mil. Air Liquide's overall GF Score™ is 98/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Air Liquide (XSWX:AI1), the current Enterprise Value is CHF109,325 Mil as of Jun. 25, 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 (XSWX:AI1) Overvalued in 2026?
Based on GuruFocus' analysis, Air Liquide stock appears to be overvalued.
The current stock price of CHF157.66 is trading 11.9% above its estimated GF Value™ of CHF140.88.
Key valuation signals for XSWX:AI1:
Enterprise Value: CHF109,325 Mil
GF Value™: CHF140.88 vs. price of CHF157.66 (11.9% above fair value)
No single metric tells the full story. See the XSWX:AI1 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.
98GF Score
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