Air Liquide SA

AI: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Air Liquide Earnings: Solid Sales Momentum, Operating Margin Expansion, and Backlog Growth

Krzysztof Smalec

Jul 28, 2026

Air Liquide grew its second-quarter comparable sales by 3.5% from the prior-year period, driven by 5% growth in the Americas and Asia-Pacific. The industrial gas firm expanded its second-quarter adjusted operating margin by 110 basis points year over year.

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Air Liquide SA

Air Liquide Earnings: Solid Sales Momentum, Operating Margin Expansion, and Backlog Growth

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