LINDE PLC

Listed Company

LINCIK 0001707925NasdaqLarge AcceleratedIndustrial Inorganic ChemicalsL2FY ends Dec 31

Period

FY 2025

Revenue

$33.99B

Net Income

$6.90B

Total Assets

$86.82B

Equity

$38.24B

Shares Out

462.60M

Op. Cash Flow

$10.35B

LIN$513.13+11.19% · past yearDBEQ Basic

Daily closing prices

Business

Linde plc is the world's largest industrial gas company, producing atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (hydrogen, helium, carbon dioxide, specialty gases, acetylene) through proprietary cryogenic and non-cryogenic separation technologies. The company distributes gases via on-site plants, merchant bulk liquid, and packaged cylinders, and designs and builds gas production equipment and plants for customers worldwide. Linde serves healthcare, chemicals, energy, manufacturing, metals and mining, food and beverage, and electronics industries across approximately 85 countries, with a majority of sales generated outside the United States.

Summary from 10-K filed 2026-02-25

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Sales	33,986	33,005	32,854	33,364	30,793
Cost of sales, exclusive of depreciation and amortization	17,389	17,143	17,492	19,450	17,543
Selling, general and administrative	3,433	3,337	3,295	3,107	3,189
Depreciation and amortization	3,763	3,780	3,816	4,204	4,635
Research and development	147	150	146	143	143
Cost reduction program and other charges	273	145	40	1,000	273
Other income (expense) - net	−58	185	−41	−62	−26
Operating Profit	8,923	8,635	8,024	5,369	4,984
Interest expense - net	255	256	200	63	—
Net pension and OPEB cost (benefit), excluding service cost	−229	−190	−164	−237	−192
Income Before Income Taxes and Equity Investments	8,897	8,569	7,988	5,543	5,099
Income taxes	1,989	2,002	1,814	1,434	1,262
Income Before Equity Investments	6,908	6,567	6,174	4,109	3,837
Income from equity investments	150	170	167	172	119
Net Income (Including Noncontrolling Interests)	7,058	6,737	6,341	4,281	3,956
Add: Noncontrolling interests	160	172	142	−134	—
Net Income Linde plc	6,898	6,565	6,199	4,147	3,826
Basic earnings per share (in dollars per share)	14.69	13.71	12.7	8.3	7.4
Diluted earnings per share (in dollars per share)	14.61	13.62	12.59	8.23	7.33
Basic shares outstanding (in shares)	469	479	488	500	517
Diluted shares outstanding (in shares)	472	482	492	504	522

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	5,056	4,850	4,664	5,436	2,823
Accounts receivable - net	4,966	4,622	4,718	4,559	4,499
Contract assets	269	263	196	124	134
Inventories	2,055	1,946	2,115	1,978	1,733
Prepaid and other current assets	979	1,264	927	950	970
Total Current Assets	13,325	12,945	12,620	13,047	10,159
Property, plant and equipment - net	28,260	24,775	24,552	23,548	26,003
Equity investments	2,015	2,130	2,190	2,350	2,619
Goodwill	27,927	25,937	26,751	25,817	27,038
Other intangible assets net	11,871	11,330	12,399	12,420	13,802
Other long-term assets	3,419	3,030	2,299	2,476	1,984
Total Assets	86,817	80,147	80,811	79,658	81,605
Accounts payable	2,810	2,507	3,020	2,995	3,503
Short-term debt	4,510	4,223	4,713	4,117	1,163
Current portion of long-term debt	1,796	2,057	1,263	1,599	1,709
Contract liabilities	1,231	1,194	1,901	3,073	2,940
Accrued taxes	680	637	664	613	429
Other current liabilities	4,171	3,926	4,156	4,082	3,899
Total Current Liabilities	15,198	14,544	15,717	16,479	13,643
Long-term debt	20,683	15,343	13,397	12,198	11,335
Other long-term liabilities	4,355	4,015	3,804	2,795	4,188
Deferred credits	6,840	6,757	6,798	6,799	6,998
Total Liabilities	47,076	40,659	39,716	38,271	36,164
Commitments and contingencies (Note 17)	—	—	—	—	—
Redeemable noncontrolling interests	13	13	13	13	13
Ordinary shares, 0.001 par value, authorized 1,750,000,000 shares, 2025 and 2024 issued: 490,766,972 ordinary shares	1	1	1	1	1
Additional paid-in capital	39,430	39,603	39,812	40,005	40,180
Retained earnings	16,608	12,634	8,845	20,541	18,710
Accumulated other comprehensive income (loss)	−6,233	−6,894	−5,805	−5,782	−5,048
Less: Treasury shares, at cost (2025 27,086,030 shares and 2024 17,530,240 shares)	−11,561	−7,252	−3,133	−14,737	—
Total Linde plc Shareholders Equity	38,245	38,092	39,720	40,028	44,035
Noncontrolling interests	1,483	1,383	1,362	1,346	1,393
Total Equity	39,728	39,475	41,082	41,374	45,428
Total Liabilities and Equity	86,817	80,147	80,811	79,658	81,605

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cost reduction program and other charges	139	31	−118	902	98
Deferred income taxes	−465	−142	−84	—	—
Share-based compensation	164	160	141	107	128
Non-cash charges and other	23	−72	43	−49	−19
Accounts receivable	−122	−160	−86	−423	−553
Contract assets and liabilities, net	−72	−409	−168	310	1,307
Inventory	47	56	−127	−347	−129
Prepaid and other current assets	55	−55	66	−157	76
Payables and accruals	−148	−277	−168	307	447
Pension contributions	−25	−35	−46	−51	−42
Long-term assets, liabilities and other	−67	−191	−305	163	75
Net cash provided by operating activities	10,350	9,423	9,305	8,864	9,725
Capital expenditures	−5,261	−4,497	−3,787	−3,173	−3,086
Acquisitions, net of cash acquired	−412	−317	−953	−110	−88
Divestitures, net of cash divested and asset sales	42	170	70	195	167
Other investing, net	−90	0	0	—	—
Net cash used for investing activities	−5,721	−4,644	−4,670	−3,088	−3,007
Short-term debt borrowings (repayments) net	41	−372	554	3,050	−1,329
Long-term debt borrowings	5,148	4,844	2,188	3,210	2,283
Long-term debt repayments	−2,278	−1,305	−1,682	−1,785	−1,468
Issuances of ordinary shares	23	31	33	36	50
Purchases of ordinary shares	−4,601	−4,482	−3,958	−5,168	−4,612
Cash dividends - Linde plc shareholders	−2,811	−2,655	−2,482	−2,344	−2,189
Noncontrolling interest transactions and other	−76	−420	−53	−88	−323
Net cash used for financing activities	−4,554	−4,359	−5,400	−3,089	−7,588
Effect of exchange rate changes on cash and cash equivalents	131	−234	−7	−74	−61
Change in cash and cash equivalents	206	186	−772	2,613	−931
Interest paid, net of capitalized interest	548	443	451	170	233

Filings

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Frequently asked questions

What is LINDE PLC's CIK number?

LINDE PLC's SEC CIK number is 0001707925 (1707925). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find LINDE PLC's SEC filings?

All of LINDE PLC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did LINDE PLC last report earnings?

LINDE PLC (LIN) most recently filed an earnings 8-K with the SEC on May 1, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001654954-26-004202). This is LINDE PLC's most recent earnings filing of record — not a forecast of its next earnings date.

What is LINDE PLC's most recent earnings 8-K?

LINDE PLC's latest earnings 8-K (Item 2.02) was filed May 1, 2026 under accession 0001654954-26-004202. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View LINDE PLC's latest earnings 8-K →
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