Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Air Liquide's share price for the quarter that ended in Dec. 2025 was €145.690909. Air Liquide's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 636 Mil. Therefore, Air Liquide's market cap for the quarter that ended in Dec. 2025 was €92,621 Mil.
Air Liquide's quarterly market cap
increased
from Dec. 2024 (€90,456 Mil) to Jun. 2025 (€100,997 Mil) but then
declined
from Jun. 2025 (€100,997 Mil) to Dec. 2025 (€92,621 Mil).
Air Liquide's annual market cap
declined
from Dec. 2023 (€92,138 Mil) to Dec. 2024 (€90,456 Mil) but then
increased
from Dec. 2024 (€90,456 Mil) to Dec. 2025 (€92,621 Mil).
Enterprise Value is 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 and cash equivalents. Air Liquide's Enterprise Value for Today is €118,642 Mil.
Air Liquide (XPAR:AI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Air Liquide Market Cap Related Terms
Air Liquide Market Cap Historical Data
* Premium members only.
The historical data trend for Air Liquide's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Liquide's Market Cap distribution charts can be found below:
* The bar in red indicates where Air Liquide's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Air Liquide's Market Cap 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.
Air Liquide (XPAR:AI) has a Market Cap of €107,945 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Air Liquide and its competitors. According to the industry distribution chart, Air Liquide ranks #2 out of 1638 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is Air Liquide's Market Cap too high?
Air Liquide's current Market Cap is €107,945 Mil. Based on the distribution chart, Air Liquide ranks #2 out of 1638 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 Market Cap compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Liquide ranks #2 out of 1638 companies for Market Cap. This places Air Liquide in the top 0% of its industry — outperforming the majority of peers. The industry median Market Cap is 297.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Chemicals company?
The median Market Cap among Chemicals companies is 297.58, based on 1,638 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Air Liquide and its competitors. For the Chemicals industry, the median Market Cap is 297.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Liquide's current Market Cap is €107,945 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?
Based on GuruFocus' analysis, Air Liquide (XPAR:AI) is currently considered Modestly Overvalued. The stock's GF Value™ is €148.75, compared to a current price of €169.76 — trading 14.1% above its estimated fair value. The current Market Cap is €107,945 Mil. Air Liquide's overall GF Score™ is 98/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Air Liquide (XPAR:AI), the current Market Cap is €107,945 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 (XPAR:AI) Overvalued in 2026?
Based on GuruFocus' analysis, Air Liquide stock appears to be overvalued.
The current stock price of €169.76 is trading 14.1% above its estimated GF Value™ of €148.75.
GuruFocus considers Air Liquide to be Modestly Overvalued.
Key valuation signals for XPAR:AI:
Market Cap: €107,945 Mil
GF Value™: €148.75 vs. price of €169.76 (14.1% above fair value)
No single metric tells the full story. See the XPAR: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.
98GF Score
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