Air LiquideXTER:AIL +1.96%98 FCF Margin % is 11.61% as of Dec. 2025, which is 13% above its 10-year median of 10.26. GuruFocus rates XTER:AIL with a GF Score™ of 98/100 and a GF Value™ of €148.75 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,579 Chemicals companies, Air Liquide ranks better than 80.18% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Air Liquide's Free Cash Flow for the
six
months ended in Dec. 2025 was €1,534 Mil. Air Liquide's Revenue for the
six
months ended in Dec. 2025 was €13,218 Mil. Therefore, Air Liquide's FCF Margin % for the quarter that ended in Dec. 2025 was 11.61%.
The historical rank and industry rank for Air Liquide's FCF Margin % or its related term are showing as below:
XTER:AIL'
s FCF Margin % Range Over the Past 10 Years
Min: 7.93 Med: 10.26 Max: 12.57
Current: 9.93
During the past 13 years, the highest FCF Margin % of Air Liquide was 12.57%. The lowest was 7.93%. And the median was 10.26%.
XTER:AIL's FCF Margin % is ranked better than 80.18% of 1579
companies
in the Chemicals industry
Industry Median: 1.78
vs XTER:AIL: 9.93
Air Liquide FCF Margin % Related Terms
Air Liquide FCF Margin % Historical Data
* Premium members only.
The historical data trend for Air Liquide's FCF Margin % 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.
XTER:AIL vs LIN, SHW, ECL: FCF Margin % Comparison
For the Specialty Chemicals subindustry, Air Liquide's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Liquide's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Air Liquide's FCF Margin % falls into.
* 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 (XTER:AIL) has a FCF Margin % of 11.61% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Air Liquide and its competitors. This is 13% above median its historical median of 10.26. Over the past decade, Air Liquide's FCF Margin % has ranged from 7.93 to 12.57. According to the industry distribution chart, Air Liquide ranks #313 out of 1579 companies in the Chemicals industry, placing it in the top 19.8%.
Is Air Liquide's FCF Margin % too high?
Air Liquide's current FCF Margin % of 11.61% is 13% above median its 10-year median of 10.26. Over the past 10 years, this metric has ranged from a low of 7.93 to a high of 12.57. The Chemicals industry median FCF Margin % is 1.78. Air Liquide's value of 11.61% is 552.2% above this industry median. Based on the distribution chart, Air Liquide ranks #313 out of 1579 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Air Liquide has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's FCF Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Liquide ranks #313 out of 1579 companies for FCF Margin %. This places Air Liquide in the top 20% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 1.78. Air Liquide's value of 11.61% is 552.2% above this benchmark. Historically, Air Liquide's own FCF Margin % has ranged from 7.93 to 12.57 over the past decade. While the company's 10-year median is 10.26 vs. the industry median of 1.78, 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 FCF Margin % for a Chemicals company?
The median FCF Margin % among Chemicals companies is 1.78, based on 1,579 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Liquide's current FCF Margin % of 11.61% is 552.2% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Air Liquide and its competitors. For the Chemicals industry, the median FCF Margin % is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Liquide's current FCF Margin % is 11.61%, which is 13% above median its own 10-year median of 10.26. 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 (XTER:AIL) is currently considered Modestly Overvalued. The stock's GF Value™ is €148.75, compared to a current price of €169.72 — trading 14.1% above its estimated fair value. The current FCF Margin % is 11.61%, which is 13% above median its 10-year median of 10.26 and 552.2% above the Chemicals industry median of 1.78. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Air Liquide (XTER:AIL), the current FCF Margin % is 11.61% as of Dec. 2025. 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 (XTER:AIL) Overvalued in 2026?
Based on GuruFocus' analysis, Air Liquide stock appears to be overvalued.
The current stock price of €169.72 is trading 14.1% above its estimated GF Value™ of €148.75.
GuruFocus considers Air Liquide to be Modestly Overvalued.
Key valuation signals for XTER:AIL:
FCF Margin %: 11.61% (13% above median its 10-year median of 10.26)
GF Value™: €148.75 vs. price of €169.72 (14.1% above fair value)
Industry Position: 552.2% above the Chemicals median (#313 of 1579)
No single metric tells the full story. See the XTER:AIL 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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