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Air LiquideXSWX:AI1 86 Interest Coverage is 19.48 as of Jun. 2026, which is 71% above its 10-year median of 11.39. GuruFocus rates XSWX:AI1 with a GF Score™ of 86/100 and a GF Value™ of CHF139.08 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,244 Chemicals companies, Air Liquide ranks better than 75.32% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Air Liquide's
Operating Income
for the
six
months ended in Jun. 2026 was CHF2,664 Mil. Air Liquide's Interest Expense for the
six
months ended in Jun. 2026 was CHF-137 Mil.
Air Liquide's interest coverage for the quarter that ended in Jun. 2026 was 19.48.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Air Liquide's Interest Coverage or its related term are showing as below:
XSWX:AI1'
s Interest Coverage Range Over the Past 10 Years
Min: 6.95 Med: 11.39 Max: 108.52
Current: 47.04
XSWX:AI1's Interest Coverage is ranked better than 75.32% of 1244
companies
in the Chemicals industry
Industry Median: 10.355
vs XSWX:AI1: 47.04
Air Liquide (XSWX:AI1) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Air Liquide Interest Coverage Related Terms
Air Liquide Interest Coverage Historical Data
* Premium members only.
The historical data trend for Air Liquide's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
XSWX:AI1 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Air Liquide's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Liquide's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Air Liquide's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (XSWX:AI1) has a Interest Coverage of 19.48 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Air Liquide and its competitors. This is 71% above median its historical median of 11.39. Over the past decade, Air Liquide's Interest Coverage has ranged from 6.95 to 108.52. According to the industry distribution chart, Air Liquide ranks #307 out of 1244 companies in the Chemicals industry, placing it in the top 24.7%.
Is Air Liquide's Interest Coverage too high?
Air Liquide's current Interest Coverage of 19.48 is 71% above median its 10-year median of 11.39. Over the past 10 years, this metric has ranged from a low of 6.95 to a high of 108.52. The Chemicals industry median Interest Coverage is 10.36. Air Liquide's value of 19.48 is 88.1% above this industry median. Based on the distribution chart, Air Liquide ranks #307 out of 1244 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 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Liquide ranks #307 out of 1244 companies for Interest Coverage. This places Air Liquide in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.36. Air Liquide's value of 19.48 is 88.1% above this benchmark. Historically, Air Liquide's own Interest Coverage has ranged from 6.95 to 108.52 over the past decade. While the company's 10-year median is 11.39 vs. the industry median of 10.36, 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 Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.36, based on 1,244 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Liquide's current Interest Coverage of 19.48 is 88.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Air Liquide and its competitors. For the Chemicals industry, the median Interest Coverage is 10.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Liquide's current Interest Coverage is 19.48, which is 71% above median its own 10-year median of 11.39. 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 (XSWX:AI1) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF139.08, compared to a current price of CHF160.00 — trading 15% above its estimated fair value. The current Interest Coverage is 19.48, which is 71% above median its 10-year median of 11.39 and 88.1% above the Chemicals industry median of 10.36. Air Liquide's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Air Liquide (XSWX:AI1), the current Interest Coverage is 19.48 as of Jun. 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 CHF160.00 is trading 15% above its estimated GF Value™ of CHF139.08.
GuruFocus considers Air Liquide to be Modestly Overvalued.
Key valuation signals for XSWX:AI1:
Interest Coverage: 19.48 (71% above median its 10-year median of 11.39)
GF Value™: CHF139.08 vs. price of CHF160.00 (15% above fair value)
Industry Position: 88.1% above the Chemicals median (#307 of 1244)
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.
86GF Score
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