Air Liquide (XSWX:AI1) Pre-Tax Income: CHF4,577 Mil (TTM As of Jun. 2026)

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XSWX:AI1 Air Liquide SA XSWX:AI1
86 GF Score
Price CHF160.00
GF Value CHF139.08
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Air Liquide Pre-Tax Income?

Air Liquide XSWX:AI1 86 Pre-Tax Income is CHF4,577 Mil as of Jun. 2026. 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.

Pretax income is the income that a company earns before paying income taxes. Air Liquide's pretax income for the six months ended in Jun. 2026 was CHF2,358 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was CHF4,577 Mil. Air Liquide's pretax margin was 18.52%.

During the past 13 years, Air Liquide's highest Pretax Margin was 18.26%. The lowest was 12.44%. And the median was 14.85%.


Air Liquide  (XSWX:AI1) Pre-Tax Income Explanation

Air Liquide's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=2357.935/12733.457
=18.52%

During the past 13 years, Air Liquide's highest Pretax Margin was 18.26%. The lowest was 12.44%. And the median was 14.85%.

* 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 Pre-Tax Income Related Terms


Air Liquide Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Air Liquide's Pre-Tax Income 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.

Air Liquide Pre-Tax Income Chart

Air Liquide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,747.79 3,853.80 3,918.76 4,226.65 4,556.05

Air Liquide Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,210.26 2,081.86 2,349.09 2,219.00 2,357.94

XSWX:AI1 vs LIN, SHW, ECL: Pre-Tax Income Comparison

For the Specialty Chemicals subindustry, Air Liquide's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Liquide's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Air Liquide's Pre-Tax Income falls into.


XSWX:AI1
86GF Score
Air Liquide SA XSWX:AI1
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Liquide Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Air Liquide's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=4884.325+0+-77.171+64.387+-315.494
=4,556

Air Liquide's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2664.303+0+-136.747+0+-169.621
=2,358

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF4,577 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of CHF4,577 Mil mean?
Air Liquide (XSWX:AI1) has a Pre-Tax Income of CHF4,577 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Air Liquide and its competitors.
Is Air Liquide's Pre-Tax Income too high?
Air Liquide's current Pre-Tax Income is CHF4,577 Mil. 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 Pre-Tax Income compare to LIN and SHW?
Air Liquide's Pre-Tax Income of CHF4,577 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 Pre-Tax Income for a Chemicals company?
A good Pre-Tax Income depends on the Chemicals industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Air Liquide and its competitors. Air Liquide's current Pre-Tax Income is CHF4,577 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 (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 Pre-Tax Income is CHF4,577 Mil. 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 Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Air Liquide (XSWX:AI1), the current Pre-Tax Income is CHF4,577 Mil 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:

  • Pre-Tax Income: CHF4,577 Mil
  • GF Value™: CHF139.08 vs. price of CHF160.00 (15% above fair value)
  • GF Score™: 86/100 with 6 warning signs

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.


Air Liquide Business Description

Address 1, Paris, FRA, 75007
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

Get the complete analysis for XSWX:AI1

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF160.00
Price
CHF139.08
GF Value