L'air Liquide annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
L'air Liquide Debt-to-Equity Ratio Growth & History (AI)
L'air Liquide's debt-to-equity ratio was 0.52 for fiscal 2025.
View full L'air Liquide company overviewL'air Liquide annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.52 | 0.06 | +11.91% |
| 2024 | 2024-12-31 | 0.46 | −0.03 | −6.94% |
| 2023 | 2023-12-31 | 0.50 | −0.07 | −12.13% |
| 2022 | 2022-12-31 | 0.57 | −0.08 | −12.84% |
| 2021 | 2021-12-31 | 0.65 | −0.08 | −11.27% |
| 2020 | 2020-12-31 | 0.73 | — | — |
L'air Liquide quarterly debt-to-equity ratio
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.52 | 0.06 | +12.40% |
| Q2 2025 | 2025-06-30 | 0.52 | — | — |
| Q4 2024 | 2024-12-31 | 0.46 | — | — |
L'air Liquide debt-to-equity ratio trends
Over the last five fiscal years, L'air Liquide's debt-to-equity ratio decreased from 0.73 to 0.52, a change of −0.21. The latest reported quarter, Q4 2025, shows 0.52.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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