8-K Announcements
6Material company update
Feb 5, 2026·SEC
Material company update
Dec 3, 2025·SEC
Material company update
Nov 20, 2025·SEC
Linde plc(LIN)Earnings, Financials & Key Ratios
LIN•NASDAQ
35.1× P/E·Price updated Jun 19, 2026
AboutLinde plc operates as an industrial gas and engineering company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as olefin, natural gas, air separation, hydrogen, and synthesis gas plants. It serves a range of industries, including healthcare, energy, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment. The company was founded in 1879 and is based in Woking, the United Kingdom.Show more
- Revenue$33.99B+3.0%
- EBITDA$12.7B+2.6%
- Net Income$6.9B+5.1%
- EPS (Diluted)14.59+7.1%
- Gross Margin43.33%+18.4%
- EBITDA Margin37.36%-0.4%
- Operating Margin26.29%+1.0%
- Net Margin20.3%+2.0%
- ROE17.41%+6.9%
LIN Key Insights
Linde plc (LIN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Dividend Aristocrat: 34 years of consecutive increases
- ✓Strong 5Y profit CAGR of 22.5%
- ✓High quality earnings: Operating CF exceeds net income
- ✓Good 3Y average ROE of 16.2%
- ✓Share count reduced 2.8% through buybacks
- ✓Healthy 5Y average net margin of 16.8%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Get notified when LIN posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
LIN Price & Volume
Linde plc (LIN) stock price & volume — 10-year historical chart
Loading chart...
LIN Growth Metrics
Linde plc (LIN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years12.17%
5 Years4.52%
3 Years0.62%
TTM4.96%
Profit CAGR
10 Years16.12%
5 Years22.5%
3 Years18.48%
TTM7.77%
EPS CAGR
10 Years10.55%
5 Years25.37%
3 Years21.03%
TTM9.37%
Return on Capital
10 Years9.87%
5 Years11.22%
3 Years12.94%
Last Year13.02%
LIN Recent Earnings
Linde plc (LIN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
May 1, 2026Metric
Actual
Est
EPS
$4.33+1.4%
$4.27
Rev
$8.8B+2.1%
$8.6B
Q1 2026
Feb 5, 2026Metric
Actual
Est
EPS
$4.20+0.5%
$4.18
Rev
$8.8B+1.4%
$8.6B
Q4 2025
Oct 31, 2025Metric
Actual
Est
EPS
$4.21+0.7%
$4.18
Rev
$8.6B-0.1%
$8.6B
Q3 2025
Aug 1, 2025Metric
Actual
Est
EPS
$4.09+1.5%
$4.03
Rev
$8.5B+1.6%
$8.4B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 1, 2026 | $4.33vs $4.27+1.4% | $8.8Bvs $8.6B+2.1% |
| Q1 2026 | Feb 5, 2026 | $4.20vs $4.18+0.5% | $8.8Bvs $8.6B+1.4% |
| Q4 2025 | Oct 31, 2025 | $4.21vs $4.18+0.7% | $8.6Bvs $8.6B-0.1% |
| Q3 2025 | Aug 1, 2025 | $4.09vs $4.03+1.5% | $8.5Bvs $8.4B+1.6% |
Based on last 12 quarters of dataView full earnings history →
LIN Peer Comparison
Linde plc (LIN) competitors in Industrial gases and hydrogen — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 APD | 62.39B | 280.21 | -158.31 | -0.52% | 16.91% | 11.85% | 1.06 | |
 ALB | 18.91B | 160.35 | -27.89 | -4.37% | -4.24% | -2.29% | 0.34 | |
 ECL | 76.01B | 269.12 | 36.97 | 2.16% | 12.91% | 21.96% | 0.96 | |
 PPG | 26.46B | 118.21 | 17.08 | 0.19% | 9.83% | 31.06% | ||
 SHW | 79.12B | 320.79 | 31.24 | 2.06% | 10.86% | 58.23% | 3.16 | |
 PX | 908.83M | 7.55 | 47.19 | 113.64% | 17.28% | 15.16% | 0.68 | |
 AXTA | 7.42B | 34.78 | 19.99 | -3.01% | 7.22% | 15.54% | 1.42 | |
 CE | 5.73B | 51.16 | -4.81 | -7.16% | -10.79% | -21.51% | 2.89 |
Compare LIN vs Peers
Linde plc (LIN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LIN Income Statement
Linde plc (LIN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 11.44B | 14.84B | 28.23B | 27.24B | 30.79B | 33.36B | 32.85B | 33.01B | 33.99B | 34.66B |
Revenue Growth % | 8.57% | 29.72% | 90.27% | -3.49% | 13.03% | 8.35% | -1.53% | 0.46% | 2.97% | 4.96% |
Cost of Goods Sold | 7.64B | 10.85B | 21.32B | 20.01B | 22.18B | 23.65B | 21.31B | 20.92B | 19.26B | 18.72B |
COGS % of Revenue | 66.84% | 73.13% | 75.52% | 73.45% | 72.02% | 70.9% | 64.86% | 63.39% | 56.67% | - |
Gross Profit | 3.79B▲ 0% | 3.99B▲ 5.1% | 6.91B▲ 73.3% | 7.23B▲ 4.7% | 8.62B▲ 19.1% | 9.71B▲ 12.7% | 11.55B▲ 18.9% | 12.08B▲ 4.6% | 14.73B▲ 21.9% | 15.94B▲ 0% |
Gross Margin % | 33.16% | 26.87% | 24.48% | 26.55% | 27.98% | 29.1% | 35.14% | 36.61% | 43.33% | 45.99% |
Gross Profit Growth % | 6.76% | 5.12% | 73.33% | 4.7% | 19.09% | 12.71% | 18.91% | 4.64% | 21.88% | - |
Operating Expenses | 1.3B | 1.74B | 3.64B | 3.35B | 3.33B | 3.25B | 3.44B | 3.49B | 5.79B | 5.96B |
OpEx % of Revenue | 11.37% | 11.74% | 12.9% | 12.28% | 10.82% | 9.74% | 10.47% | 10.57% | 17.04% | - |
Selling, General & Admin | 1.21B | 1.63B | 3.46B | 3.19B | 3.19B | 3.11B | 3.29B | 3.34B | 3.43B | 3.54B |
SG&A % of Revenue | 10.55% | 10.98% | 12.25% | 11.72% | 10.36% | 9.31% | 10.03% | 10.11% | 10.1% | - |
Research & Development | 93M | 113M | 184M | 152M | 143M | 143M | 146M | 150M | 147M | 147M |
R&D % of Revenue | 0.81% | 0.76% | 0.65% | 0.56% | 0.46% | 0.43% | 0.44% | 0.45% | 0.43% | - |
Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.21B | 3M |
Operating Income | 2.49B▲ 0% | 2.24B▼ 10.0% | 3.27B▲ 45.6% | 3.89B▲ 19.0% | 5.28B▲ 35.8% | 6.46B▲ 22.3% | 8.11B▲ 25.5% | 8.6B▲ 6.0% | 8.94B▲ 4.0% | 9.98B▲ 0% |
Operating Margin % | 21.79% | 15.13% | 11.58% | 14.28% | 17.16% | 19.36% | 24.67% | 26.04% | 26.29% | 28.79% |
Operating Income Growth % | 7.65% | -9.95% | 45.63% | 19% | 35.84% | 22.28% | 25.46% | 6.05% | 3.96% | - |
EBITDA | 3.68B | 4.07B | 7.94B | 8.52B | 9.92B | 10.66B | 11.92B | 12.38B | 12.7B | 12.06B |
EBITDA Margin % | 32.14% | 27.46% | 28.14% | 31.26% | 32.21% | 31.96% | 36.28% | 37.49% | 37.36% | 34.8% |
EBITDA Growth % | 6.95% | 10.83% | 94.97% | 7.2% | 16.48% | 7.52% | 11.79% | 3.81% | 2.61% | -3.67% |
D&A (Non-Cash Add-back) | 1.18B | 1.83B | 4.67B | 4.63B | 4.63B | 4.2B | 3.82B | 3.78B | 3.76B | 2.85B |
EBIT | 2.57B | 5.29B | 3.43B | 3.5B | 5.26B | 5.74B | 8.48B | 9.14B | 9.18B | 9.46B |
Net Interest Income | -282M | -158M | -387M | -59M | -119M | -75M | -291M | -344M | -183M | -274M |
Interest Income | 0 | 80M | 112M | 55M | 40M | 117M | 197M | 228M | 29M | 0 |
Interest Expense | 282M | 238M | 499M | 114M | 159M | 192M | 488M | 572M | 212M | 274M |
Other Income/Expense | -158M | 2.86B | -227M | -420M | -65M | -745M | 50M | 144M | 36M | -791M |
Pretax Income | 2.33B▲ 0% | 5.11B▲ 118.7% | 3.04B▼ 40.4% | 3.47B▲ 14.1% | 5.22B▲ 50.4% | 5.71B▲ 9.5% | 8.15B▲ 42.7% | 8.74B▲ 7.2% | 8.97B▲ 2.7% | 9.18B▲ 0% |
Pretax Margin % | 20.41% | 34.41% | 10.77% | 12.73% | 16.95% | 17.13% | 24.82% | 26.48% | 26.4% | 26.5% |
Income Tax | 1.03B | 817M | 769M | 847M | 1.26B | 1.43B | 1.81B | 2B | 1.96B | 2.02B |
Effective Tax Rate % | 43.96% | 16% | 25.29% | 24.42% | 24.19% | 25.09% | 22.24% | 22.91% | 21.8% | 21.95% |
Net Income | 1.25B▲ 0% | 4.38B▲ 251.3% | 2.29B▼ 47.8% | 2.5B▲ 9.5% | 3.83B▲ 53.0% | 4.15B▲ 8.4% | 6.2B▲ 49.5% | 6.57B▲ 5.9% | 6.9B▲ 5.1% | 7.13B▲ 0% |
Net Margin % | 10.9% | 29.53% | 8.09% | 9.18% | 12.42% | 12.43% | 18.87% | 19.89% | 20.3% | 20.56% |
Net Income Growth % | -16.87% | 251.32% | -47.84% | 9.45% | 52.98% | 8.39% | 49.48% | 5.9% | 5.07% | 7.77% |
Net Income (Continuing) | 1.31B | 4.29B | 2.27B | 2.62B | 3.96B | 4.28B | 6.34B | 6.74B | 7.01B | 7.17B |
Discontinued Operations | 0 | 117M | 109M | 4M | 5M | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 504M | 5.5B | 2.56B | 2.27B | 1.41B | 1.36B | 1.38B | 1.4B | 1.5B | 13M |
EPS (Diluted) | 4.32▲ 0% | 13.11▲ 203.5% | 4.19▼ 68.0% | 4.71▲ 12.4% | 7.33▲ 55.6% | 8.23▲ 12.3% | 12.59▲ 53.0% | 13.62▲ 8.2% | 14.59▲ 7.1% | 15.28▲ 0% |
EPS Growth % | -17.08% | 203.47% | -68.04% | 12.41% | 55.63% | 12.28% | 52.98% | 8.18% | 7.12% | 9.37% |
EPS (Basic) | 4.36 | 13.26 | 4.22 | 4.75 | 7.40 | 8.30 | 12.70 | 13.71 | 14.67 | - |
Diluted Shares Outstanding | 289.11M | 334.13M | 545.17M | 531.16M | 521.88M | 504.04M | 492.29M | 482.09M | 468.7M | 466.32M |
Basic Shares Outstanding | 286.26M | 330.4M | 541.09M | 526.74M | 516.9M | 499.74M | 488.19M | 478.77M | 466.25M | 464.05M |
Dividend Payout Ratio | 72.25% | 26.61% | 82.76% | 81.09% | 57.21% | 56.52% | 40.04% | 40.44% | 40.75% | - |
LIN Balance Sheet
Linde plc (LIN) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 3.29B | 17.27B | 10.35B | 10.92B | 10.16B | 13.05B | 12.62B | 12.95B | 13.32B | 12.75B |
Cash & Short-Term Investments | 617M | 4.47B | 2.7B | 3.75B | 2.82B | 5.44B | 4.66B | 4.85B | 5.06B | 3.96B |
Cash Only | 617M | 4.47B | 2.7B | 3.75B | 2.82B | 5.44B | 4.66B | 4.85B | 5.06B | 3.96B |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 1.8B | 4.83B | 4.96B | 4.59B | 4.83B | 4.91B | 5.09B | 5.06B | 5.24B | 5.32B |
Days Sales Outstanding | 57.57 | 118.83 | 64.2 | 61.5 | 57.24 | 53.69 | 56.57 | 55.98 | 56.22 | 56.89 |
Inventory | 614M | 1.65B | 1.7B | 1.73B | 1.73B | 1.98B | 2.12B | 1.95B | 2.06B | 2.08B |
Days Inventory Outstanding | 29.31 | 55.54 | 29.05 | 31.54 | 28.52 | 30.52 | 36.23 | 33.95 | 38.94 | 40.88 |
Other Current Assets | 65M | 5.79B | 474M | 335M | 247M | 128M | 166M | 508M | 979M | 1.39B |
Total Non-Current Assets | 17.15B | 76.11B | 76.26B | 77.31B | 71.45B | 66.61B | 68.19B | 67.2B | 73.49B | 73.56B |
Property, Plant & Equipment | 12.06B | 29.72B | 29.06B | 28.71B | 26B | 23.55B | 25.49B | 25.76B | 28.26B | 28.56B |
Fixed Asset Turnover | 0.95x | 0.50x | 0.97x | 0.95x | 1.18x | 1.42x | 1.29x | 1.28x | 1.20x | 1.25x |
Goodwill | 3.23B | 26.87B | 27.02B | 28.2B | 27.04B | 25.82B | 26.75B | 25.94B | 27.93B | 27.88B |
Intangible Assets | 553M | 16.22B | 16.14B | 16.18B | 13.8B | 12.42B | 12.4B | 11.33B | 11.87B | 11.67B |
Long-Term Investments | 739M | 1.91B | 2.07B | 2.08B | 2.64B | 2.53B | 2.38B | 2.24B | 0 | 299M |
Other Non-Current Assets | 371M | 876M | 1.73B | 1.86B | 1.72B | 2.06B | 948M | 1.94B | 5.43B | 5.45B |
Total Assets | 20.44B▲ 0% | 93.39B▲ 357.0% | 86.61B▼ 7.3% | 88.23B▲ 1.9% | 81.61B▼ 7.5% | 79.66B▼ 2.4% | 80.81B▲ 1.4% | 80.15B▼ 0.8% | 86.82B▲ 8.3% | 86.31B▲ 0% |
Asset Turnover | 0.56x | 0.16x | 0.33x | 0.31x | 0.38x | 0.42x | 0.41x | 0.41x | 0.39x | 0.40x |
Asset Growth % | 5.71% | 356.97% | -7.25% | 1.87% | -7.51% | -2.39% | 1.45% | -0.82% | 8.32% | 24.17% |
Total Current Liabilities | 3.31B | 12.96B | 12.16B | 13.74B | 13.64B | 16.48B | 15.72B | 14.54B | 15.2B | 15.39B |
Accounts Payable | 922M | 3.22B | 3.27B | 3.1B | 3.5B | 3B | 3.02B | 2.51B | 2.81B | 2.66B |
Days Payables Outstanding | 44.02 | 108.29 | 55.92 | 56.46 | 57.65 | 46.22 | 51.73 | 43.73 | 53.25 | 52.21 |
Short-Term Debt | 1.22B | 3.01B | 3.26B | 4B | 2.87B | 5.72B | 5.98B | 6.28B | 6.31B | 4.82B |
Deferred Revenue (Current) | 9M | 1.79B | 1.76B | 1.77B | 2.94B | 3.07B | 1.9B | 1.19B | 1.23B | 3.77B |
Other Current Liabilities | 694M | 5.19B | 2.51B | 3.37B | 2.89B | 3.19B | 3.22B | 1.27B | 4.85B | 10.57B |
Current Ratio | 0.99x | 1.33x | 0.85x | 0.80x | 0.74x | 0.79x | 0.80x | 0.89x | 0.88x | 0.83x |
Quick Ratio | 0.81x | 1.21x | 0.71x | 0.67x | 0.62x | 0.67x | 0.67x | 0.76x | 0.74x | 0.69x |
Cash Conversion Cycle | 42.87 | 66.08 | 37.34 | 36.58 | 28.11 | 38 | 41.07 | 46.19 | 41.91 | 45.56 |
Total Non-Current Liabilities | 10.61B | 23.33B | 22.82B | 24.91B | 22.52B | 21.79B | 24B | 26.11B | 31.88B | 30.83B |
Long-Term Debt | 7.78B | 12.29B | 10.69B | 12.15B | 11.34B | 12.2B | 13.4B | 15.34B | 20.68B | 19.86B |
Capital Lease Obligations | 4M | 81M | 716M | 794M | 747M | 654M | 715M | 756M | 0 | 0 |
Deferred Tax Liabilities | 1.17B | 2.29B | -7.24B | -7.24B | -7B | 0 | 5.75B | 0 | 0 | 0 |
Other Non-Current Liabilities | 2.82B | 3.35B | 11.41B | 11.96B | 10.44B | 8.94B | 3.09B | 10.02B | 11.2B | 10.97B |
Total Liabilities | 13.91B | 36.29B | 34.98B | 38.65B | 36.16B | 38.27B | 39.72B | 40.66B | 47.08B | 46.22B |
Total Debt | 9B | 15.3B | 14.93B | 17.22B | 15.22B | 18.79B | 20.32B | 22.61B | 26.99B | 24.68B |
Net Debt | 8.38B | 10.83B | 12.23B | 13.47B | 12.39B | 13.36B | 15.65B | 17.76B | 21.93B | 20.72B |
Debt / Equity | 1.38x | 0.27x | 0.29x | 0.35x | 0.33x | 0.45x | 0.49x | 0.57x | 0.68x | 0.62x |
Debt / EBITDA | 2.45x | 3.75x | 1.88x | 2.02x | 1.53x | 1.76x | 1.70x | 1.83x | 2.13x | 2.05x |
Net Debt / EBITDA | 2.28x | 2.66x | 1.54x | 1.58x | 1.25x | 1.25x | 1.31x | 1.44x | 1.73x | 1.72x |
Interest Coverage | 9.11x | 22.21x | 6.87x | 30.68x | 33.07x | 29.87x | 17.37x | 15.98x | 43.32x | 34.52x |
Total Equity | 6.52B▲ 0% | 57.1B▲ 775.4% | 51.63B▼ 9.6% | 49.58B▼ 4.0% | 45.44B▼ 8.4% | 41.39B▼ 8.9% | 41.09B▼ 0.7% | 39.49B▼ 3.9% | 39.74B▲ 0.6% | 40.08B▲ 0% |
Equity Growth % | 19.63% | 775.44% | -9.56% | -3.98% | -8.35% | -8.92% | -0.71% | -3.91% | 0.64% | 2.03% |
Book Value per Share | 22.56 | 170.88 | 94.71 | 93.35 | 87.07 | 82.11 | 83.48 | 81.91 | 84.79 | 85.95 |
Total Shareholders' Equity | 6.02B | 51.6B | 49.07B | 47.32B | 44.03B | 40.03B | 39.72B | 38.09B | 38.24B | 38.57B |
Common Stock | 4M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
Retained Earnings | 13.22B | 16.53B | 16.84B | 17.18B | 18.71B | 20.54B | 8.85B | 12.63B | 16.61B | 17.64B |
Treasury Stock | -7.2B | -629M | -3.16B | -5.37B | -9.81B | -14.74B | -3.13B | -7.25B | -11.56B | 0 |
Accumulated OCI | -4.1B | -4.46B | -4.81B | -4.69B | -5.05B | -5.78B | -5.8B | -6.89B | -6.23B | -6.15B |
Minority Interest | 504M | 5.5B | 2.56B | 2.27B | 1.41B | 1.36B | 1.38B | 1.4B | 1.5B | 13M |
LIN Cash Flow Statement
Linde plc (LIN) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 3.04B | 3.7B | 6.19B | 7.43B | 9.72B | 8.86B | 9.3B | 9.42B | 10.35B | 10.43B |
Operating CF Margin % | 26.59% | 24.95% | 21.92% | 27.27% | 31.58% | 26.57% | 28.32% | 28.55% | 30.45% | - |
Operating CF Growth % | 9.66% | 21.74% | 67.15% | 20.05% | 30.91% | -8.85% | 4.98% | 1.27% | 9.84% | 34.09% |
Net Income | 1.31B | 4.29B | 2.27B | 2.62B | 3.96B | 4.28B | 6.2B | 6.57B | 6.94B | 7.13B |
Depreciation & Amortization | 1.18B | 1.83B | 4.67B | 4.63B | 4.63B | 4.2B | 3.82B | 3.78B | 3.76B | 3.8B |
Stock-Based Compensation | 59M | 62M | 95M | 133M | 128M | 107M | 141M | 0 | 133M | 132M |
Deferred Taxes | 634M | -248M | -314M | -222M | 6M | -319M | -84M | -142M | -318M | -319M |
Other Non-Cash Items | -52M | -2.43B | -452M | 34M | -72M | 789M | -284M | 291M | 144M | -486M |
Working Capital Changes | -92M | 202M | -88M | 236M | 1.07B | -198M | -483M | -1.07B | -313M | 207M |
Change in Receivables | -92M | -124M | 80M | 19M | -553M | -423M | -86M | -160M | -122M | -253M |
Change in Inventory | -22M | -4M | -81M | 18M | -129M | -347M | -127M | 56M | 47M | -10M |
Change in Payables | -46M | 383M | -174M | 109M | 447M | 307M | -102M | -277M | 351M | 351M |
Cash from Investing | -1.31B | 5.34B | 1.13B | -2.99B | -3.01B | -3.09B | -4.67B | -4.64B | -5.72B | -5.74B |
Capital Expenditures | -1.31B | -1.88B | -3.68B | -3.4B | -3.09B | -3.17B | -3.79B | -4.5B | -5.26B | -5.33B |
CapEx % of Revenue | 11.46% | 12.69% | 13.04% | 12.48% | 10.02% | 9.51% | 11.53% | 13.63% | 15.48% | 15.39% |
Acquisitions | -3M | 7.25B | 4.87B | 414M | 79M | 85M | -883M | -317M | -412M | -453M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 30M | -23M | -60M | 0 | 0 | 0 | 0 | 170M | -48M | 50M |
Cash from Financing | -1.66B | -5B | -8.99B | -3.35B | -7.59B | -3.09B | -5.4B | -4.36B | -4.55B | -6.13B |
Debt Issued (Net) | -771M | -2.91B | -1.26B | 1.31B | -514M | 4.47B | 1.06B | 3.17B | 2.91B | 1.42B |
Equity Issued (Net) | 108M | -599M | -2.66B | -2.41B | -4.56B | -5.13B | -3.96B | -4.45B | -4.58B | -3.48B |
Dividends Paid | -901M | -1.17B | -1.89B | -2.03B | -2.19B | -2.34B | -2.48B | -2.65B | -2.81B | -2.84B |
Share Repurchases | -12M | -599M | -2.66B | -2.46B | -4.61B | -5.17B | -3.96B | -4.48B | -4.6B | -3.49B |
Other Financing | -92M | -323M | -3.18B | -220M | -323M | -88M | -20M | -420M | -76M | -1.23B |
Net Change in Cash | 93M▲ 0% | 3.99B▲ 4186.0% | -1.77B▼ 144.3% | 1.05B▲ 159.7% | -931M▼ 188.3% | 2.61B▲ 380.7% | -772M▼ 129.5% | 186M▲ 124.1% | 206M▲ 10.8% | -1.33B▲ 0% |
Free Cash Flow | 1.73B▲ 0% | 1.82B▲ 5.1% | 2.51B▲ 37.8% | 4.03B▲ 60.8% | 6.64B▲ 64.8% | 5.69B▼ 14.3% | 5.52B▼ 3.0% | 4.93B▼ 10.7% | 5.09B▲ 3.3% | 5.1B▲ 0% |
FCF Margin % | 15.13% | 12.26% | 8.88% | 14.79% | 21.56% | 17.06% | 16.8% | 14.92% | 14.97% | 14.7% |
FCF Growth % | 32.26% | 5.14% | 37.77% | 60.77% | 64.78% | -14.28% | -3.04% | -10.73% | 3.31% | 3.77% |
FCF per Share | 5.98 | 5.44 | 4.60 | 7.59 | 12.72 | 11.29 | 11.21 | 10.22 | 10.86 | 10.93 |
FCF Conversion (FCF/Net Income) | 2.44x | 0.85x | 2.71x | 2.97x | 2.54x | 2.14x | 1.50x | 1.44x | 1.50x | 0.72x |
Interest Paid | 184M | 214M | 275M | 322M | 233M | 170M | 451M | 443M | 0 | 0 |
Taxes Paid | 565M | -757M | 1.36B | 1.07B | 1.71B | 1.74B | 1.96B | 2.22B | 0 | 0 |
LIN Key Ratios
Linde plc (LIN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 20.83% | 13.77% | 4.2% | 4.94% | 8.05% | 9.55% | 15.03% | 16.29% | 17.41% | 17.82% |
Return on Invested Capital (ROIC) | 12.74% | 4.06% | 3.72% | 4.6% | 6.56% | 8.61% | 10.9% | 11.31% | 11.27% | 12.21% |
Gross Margin | 33.16% | 26.87% | 24.48% | 26.55% | 27.98% | 29.1% | 35.14% | 36.61% | 43.33% | 45.99% |
Net Margin | 10.9% | 29.53% | 8.09% | 9.18% | 12.42% | 12.43% | 18.87% | 19.89% | 20.3% | 20.56% |
Debt / Equity | 1.38x | 0.27x | 0.29x | 0.35x | 0.33x | 0.45x | 0.49x | 0.57x | 0.68x | 0.62x |
Interest Coverage | 9.11x | 22.21x | 6.87x | 30.68x | 33.07x | 29.87x | 17.37x | 15.98x | 43.32x | 34.52x |
FCF Conversion | 2.44x | 0.85x | 2.71x | 2.97x | 2.54x | 2.14x | 1.50x | 1.44x | 1.50x | 0.72x |
Revenue Growth | 8.57% | 29.72% | 90.27% | -3.49% | 13.03% | 8.35% | -1.53% | 0.46% | 2.97% | 4.96% |
Related:LIN Dividend History·LIN Revenue History·LIN Price History·LIN P/E History·LIN Financial Ratios·LIN Institutional Holders
LIN SEC Filings & Documents
Linde plc (LIN) SEC filings — annual & quarterly reports (10-K, 10-Q)
LIN Frequently Asked Questions
Linde plc (LIN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Linde plc (LIN) reported $34.66B in revenue for fiscal year 2025. This represents a 679% increase from $4.45B in 1996.
Linde plc (LIN) grew revenue by 3.0% over the past year. Growth has been modest.
Yes, Linde plc (LIN) is profitable, generating $7.13B in net income for fiscal year 2025 (20.3% net margin).
Dividend & Returns
Yes, Linde plc (LIN) pays a dividend with a yield of 1.17%. This makes it attractive for income-focused investors.
Linde plc (LIN) has a return on equity (ROE) of 17.4%. This is reasonable for most industries.
Linde plc (LIN) generated $5.10B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.