L'air Liquide annual net debt
2020
2021
2022
2023
2024
2025
L'air Liquide Net Debt Growth & History (AI)
L'air Liquide's net debt was €9.96B for fiscal 2025.
View full L'air Liquide company overviewL'air Liquide annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €9.96B | −€568.9M | −5.40% |
| 2024 | 2024-12-31 | €10.53B | €45.9M | +0.44% |
| 2023 | 2023-12-31 | €10.49B | −€1.05B | −9.13% |
| 2022 | 2022-12-31 | €11.54B | −€168.0M | −1.43% |
| 2021 | 2021-12-31 | €11.71B | −€87.8M | −0.74% |
| 2020 | 2020-12-31 | €11.80B | — | — |
L'air Liquide quarterly net debt
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | €9.96B | −€514.4M | −4.91% |
| Q2 2025 | 2025-06-30 | €11.01B | — | — |
| Q4 2024 | 2024-12-31 | €10.48B | — | — |
L'air Liquide net debt trends
Over the last five fiscal years, L'air Liquide's net debt decreased from €11.80B to €9.96B, a change of −€1.83B. The latest reported quarter, Q4 2025, shows €9.96B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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