Air Liquide (XPAR:AI) Research & Development: €0 Mil (TTM As of Dec. 2025)


XPAR:AI Air Liquide SA XPAR:AI
98 GF Score
Price €169.76
GF Value €148.75
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Air Liquide Research & Development?

Air Liquide XPAR:AI +1.99% 98 Research & Development is €0 Mil as of Dec. 2025. GuruFocus rates XPAR:AI with a GF Score™ of 98/100 and a GF Value™ of €148.75 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Air Liquide's Research & Development for the six months ended in Dec. 2025 was €0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was €0 Mil.

Air Liquide  (XPAR:AI) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Air Liquide Research & Development Related Terms

Air Liquide Research & Development Historical Data

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The historical data trend for Air Liquide's Research & Development 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 Research & Development Chart

Air Liquide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
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Air Liquide Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development 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 0.00 0.00 0.00 0.00 0.00
XPAR:AI
98GF Score
Air Liquide SA XPAR:AI
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Liquide Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0 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 Research & Development →
What does a Research & Development of €0 Mil mean?
Air Liquide (XPAR:AI) has a Research & Development of €0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Air Liquide and its competitors.
Is Air Liquide's Research & Development too high?
Air Liquide's current Research & Development is €0 Mil. 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 Research & Development compare to LIN and SHW?
Air Liquide's Research & Development of €0 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 Research & Development for a Chemicals company?
A good Research & Development depends on the Chemicals industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Air Liquide and its competitors. Air Liquide's current Research & Development is €0 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 Research & Development is €0 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Air Liquide (XPAR:AI), the current Research & Development is €0 Mil 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 (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:

  • Research & Development: €0 Mil
  • GF Value™: €148.75 vs. price of €169.76 (14.1% above fair value)
  • GF Score™: 98/100 with 6 warning signs

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.

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.
98GF Score

Get the complete analysis for XPAR:AI

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€169.76
Price
€148.75
GF Value