Air LiquideXSWX:AI1 98 Net Margin % is 12.99% as of Dec. 2025, which is 19% above its 10-year median of 10.92. GuruFocus rates XSWX:AI1 with a GF Score™ of 98/100 and a GF Value™ of CHF140.88. The stock has 5 warning signs investors should review. Among 1,585 Chemicals companies, Air Liquide ranks better than 84.29% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Air Liquide's Net Income for the
six
months ended in Dec. 2025 was CHF1,602 Mil. Air Liquide's Revenue for the
six
months ended in Dec. 2025 was CHF12,334 Mil. Therefore, Air Liquide's net margin for the quarter that ended in Dec. 2025 was 12.99%.
The historical rank and industry rank for Air Liquide's Net Margin % or its related term are showing as below:
XSWX:AI1'
s Net Margin % Range Over the Past 10 Years
Min: 9.22 Med: 10.92 Max: 13.06
Current: 13.06
XSWX:AI1's Net Margin % is ranked better than 84.29% of 1585
companies
in the Chemicals industry
Industry Median: 3.89
vs XSWX:AI1: 13.06
Air Liquide (XSWX:AI1) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Air Liquide Net Margin % Related Terms
Air Liquide Net Margin % Historical Data
* Premium members only.
The historical data trend for Air Liquide's Net 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.
XSWX:AI1 vs LIN, SHW, ECL: Net Margin % Comparison
For the Specialty Chemicals subindustry, Air Liquide's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Liquide's Net Margin % distribution charts can be found below:
* The bar in red indicates where Air Liquide's Net 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 (XSWX:AI1) has a Net Margin % of 12.99% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Air Liquide and its competitors. This is 19% above median its historical median of 10.92. Over the past decade, Air Liquide's Net Margin % has ranged from 9.22 to 13.06. According to the industry distribution chart, Air Liquide ranks #249 out of 1585 companies in the Chemicals industry, placing it in the top 15.7%.
Is Air Liquide's Net Margin % too high?
Air Liquide's current Net Margin % of 12.99% is 19% above median its 10-year median of 10.92. Over the past 10 years, this metric has ranged from a low of 9.22 to a high of 13.06. The Chemicals industry median Net Margin % is 3.89. Air Liquide's value of 12.99% is 233.9% above this industry median. Based on the distribution chart, Air Liquide ranks #249 out of 1585 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, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Liquide ranks #249 out of 1585 companies for Net Margin %. This places Air Liquide in the top 16% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.89. Air Liquide's value of 12.99% is 233.9% above this benchmark. Historically, Air Liquide's own Net Margin % has ranged from 9.22 to 13.06 over the past decade. While the company's 10-year median is 10.92 vs. the industry median of 3.89, 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 Net Margin % for a Chemicals company?
The median Net Margin % among Chemicals companies is 3.89, based on 1,585 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Liquide's current Net Margin % of 12.99% is 233.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Air Liquide and its competitors. For the Chemicals industry, the median Net Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Liquide's current Net Margin % is 12.99%, which is 19% above median its own 10-year median of 10.92. 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 Net Margin % of 12.99%. 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 Net Margin % is 12.99%, which is 19% above median its 10-year median of 10.92 and 233.9% above the Chemicals industry median of 3.89. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Air Liquide (XSWX:AI1), the current Net Margin % is 12.99% 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 (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:
Net Margin %: 12.99% (19% above median its 10-year median of 10.92)
GF Value™: CHF140.88 vs. price of CHF157.66 (11.9% above fair value)
Industry Position: 233.9% above the Chemicals median (#249 of 1585)
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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