LIN
$492.70+0.12%
as of close, Oct 14, 2026
☾ AH $492.70 +0.12%
LIN financial statements
The full income statement, balance sheet, and cash-flow statement for Linde plc (LIN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 477.5M2024-09 476.2M2024-12 472.9M2025-03 471.3M2025-06 468.9M2025-09 466.9M2025-12 463.4M2026-03 462.6M2026-06 461.0M-3.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 34.0B+3.0% | 33.0B+0.5% | 32.9B-1.5% | 33.4B+8.3% | 30.8B+13.0% | |
| Research & development | 147M-2.0% | 150M+2.7% | 146M+2.1% | 143M+0.0% | 143M-5.9% | |
| Selling, general & administrative | 3.43B+2.9% | 3.34B+1.3% | 3.29B+6.1% | 3.11B-2.6% | 3.19B-0.1% | |
| General & administrative | 2.08B+3.9% | 2.00B+2.0% | 1.97B+8.4% | 1.81B-1.9% | 1.85B-2.3% | |
| Restructuring | 273M+88.3% | 145M+262.5% | 40.0M-96.1% | 1.03B+276.9% | 273M-46.0% | |
| Amortization of intangibles | 517M-6.7% | 554M+0.7% | 550M-3.7% | 571M-21.0% | 723M-5.5% | |
| Provision for credit losses | 207M+15.0% | 180M+2.9% | 175M+7.4% | 163M+26.4% | 129M-29.1% | |
| Operating income | 8.92B+3.3% | 8.63B+7.6% | 8.02B+49.5% | 5.37B+7.7% | 4.98B+50.0% | |
| Interest expense | 255M-0.4% | 256M+28.0% | 200M+217.5% | 63.0M-18.2% | 77.0M-33.0% | |
| Net interest income | -255M+0.4% | -256M-28.0% | -200M-217.5% | -63.0M+18.2% | -77.0M+33.0% | |
| Equity-method income | 150M-11.8% | 170M+1.8% | 167M-2.9% | 172M+44.5% | 119M+40.0% | |
| Pre-tax income | 8.90B+3.8% | 8.57B+7.3% | 7.99B+44.1% | 5.54B+8.7% | 5.10B+50.7% | |
| Income tax | 1.99B-0.6% | 2.00B+10.4% | 1.81B+26.5% | 1.43B+13.6% | 1.26B+49.0% | |
| 6.90B+5.1% | 6.57B+5.9% | 6.20B+49.5% | 4.15B+8.4% | 3.83B+53.0% | ||
| Income from continuing operations | — | — | 6.20B+49.5% | 4.15B+8.5% | 3.82B+53.0% | |
| Discontinued operations | — | — | 0.00 | 0.00-100.0% | 5.00M+25.0% | |
| Net income to non-controlling interest | 160M-7.0% | 172M+21.1% | 142M+6.0% | 134M | — | |
| $14.61+7.3% | $13.62+8.2% | $12.59+53.0% | $8.23+12.3% | $7.33+55.6% | ||
| EPS (basic) | $14.69+7.1% | $13.71+8.0% | $12.70+53.0% | $8.30+12.2% | $7.40+55.8% | |
| Weighted-avg shares (basic) | 469M-1.9% | 479M-1.9% | 488M-2.3% | 500M-3.3% | 517M-1.9% | |
| Weighted-avg shares (diluted) | 472M-2.1% | 482M-2.1% | 492M-2.3% | 504M-3.4% | 522M-1.7% | |
| Dividends per share | $6.00+7.9% | $5.56+9.0% | $5.10+9.0% | $4.68+10.4% | $4.24+10.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 13.3B+2.9% | 12.9B+2.6% | 12.6B-3.3% | 13.0B+28.4% | 10.2B-7.0% | ||
| Cash & equivalents | 5.06B+4.2% | 4.85B+4.0% | 4.66B-14.2% | 5.44B+92.6% | 2.82B-24.8% | |
| Accounts receivable | 4.97B+7.4% | 4.62B-2.0% | 4.72B+3.5% | 4.56B+1.3% | 4.50B+8.0% | |
| Inventory | 2.06B+5.6% | 1.95B-8.0% | 2.12B+6.9% | 1.98B+14.1% | 1.73B+0.2% | |
| Prepaid expenses | 546M-5.7% | 579M-0.7% | 583M-2.3% | 597M+13.3% | 527M+2.1% | |
| Other current assets | 979M-22.5% | 1.26B+36.4% | 927M-2.4% | 950M-2.1% | 970M-12.8% | |
| 86.8B+8.3% | 80.1B-0.8% | 80.8B+1.4% | 79.7B-2.4% | 81.6B-7.5% | ||
| Property, plant & equipment | 28.3B+14.1% | 24.8B+0.9% | 24.6B+4.3% | 23.5B-9.4% | 26.0B-9.4% | |
| Operating lease right-of-use | 886M+10.8% | 800M+5.4% | 759M+4.5% | 726M-14.9% | 853M-8.8% | |
| Goodwill | 27.9B+7.7% | 25.9B-3.0% | 26.8B+3.6% | 25.8B-4.5% | 27.0B-4.1% | |
| Intangible assets | 11.9B+4.8% | 11.3B-8.6% | 12.4B-0.2% | 12.4B-10.0% | 13.8B-14.7% | |
| Deferred tax assets | 423M-1.2% | 428M+89.4% | 226M-1.7% | 230M-5.0% | 242M-9.7% | |
| Other non-current assets | 5.43B+79.3% | 3.03B+31.8% | 2.30B-7.1% | 2.48B+24.8% | 1.98B-7.6% | |
| 15.2B+4.5% | 14.5B-7.5% | 15.7B-4.6% | 16.5B+20.8% | 13.6B-0.7% | ||
| Accounts payable | 2.81B+12.1% | 2.51B-17.0% | 3.02B+0.8% | 3.00B-14.5% | 3.50B+13.2% | |
| Deferred revenue | 1.23B+3.1% | 1.19B-37.2% | 1.90B-38.1% | 3.07B+4.5% | 2.94B+66.2% | |
| Short-term & current debt | 1.80B-12.7% | 2.06B+62.9% | 1.26B-21.0% | 1.60B-6.4% | 1.71B-47.4% | |
| Current lease liability | 199M+13.1% | 176M-0.6% | 177M-2.2% | 181M-15.8% | 215M-9.3% | |
| Other current liabilities | 4.85B+23.6% | 3.93B-5.5% | 4.16B+1.8% | 4.08B+4.7% | 3.90B-10.0% | |
| Finance lease liability (current) | 62.0M+14.8% | 54.0M+8.0% | 50.0M+19.0% | 42.0M-10.6% | 47.0M+23.7% | |
| 47.1B+15.8% | 40.7B+2.4% | 39.7B+3.8% | 38.3B+5.8% | 36.2B-6.4% | ||
| Long-term debt | 20.7B+34.8% | 15.3B+14.5% | 13.4B+9.8% | 12.2B+7.6% | 11.3B-6.7% | |
| Deferred revenue (non-current) | 1.28B+16.9% | 1.10B+4.7% | 1.05B+14.9% | 913M+20.3% | 759M+42.7% | |
| Non-current lease liability | 667M+10.1% | 606M+5.9% | 572M+5.9% | 540M-12.6% | 618M-7.6% | |
| Operating lease liability (total) | 866M+10.7% | 782M+4.4% | 749M+3.9% | 721M-13.4% | 833M-8.1% | |
| Finance lease liability (total) | 214M+4.9% | 204M+5.7% | 193M+23.7% | 156M-11.4% | 176M+8.0% | |
| Finance lease liability | 152M+1.3% | 150M+4.9% | 143M+25.4% | 114M-11.6% | 129M+3.2% | |
| Deferred tax liabilities | 5.56B-1.8% | 5.66B-1.6% | 5.75B-2.3% | 5.89B-5.7% | 6.24B-6.9% | |
| Other non-current liabilities | 11.2B+178.8% | 4.01B+5.5% | 3.80B+36.1% | 2.79B-33.3% | 4.19B-24.1% | |
| 38.2B+0.4% | 38.1B-4.1% | 39.7B-0.8% | 40.0B-9.1% | 44.0B-6.9% | ||
| Common stock | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | |
| Additional paid-in capital | 39.4B-0.4% | 39.6B-0.5% | 39.8B-0.5% | 40.0B-0.4% | 40.2B-0.1% | |
| Retained earnings | 16.6B+31.5% | 12.6B+42.8% | 8.85B-56.9% | 20.5B+9.8% | 18.7B+8.9% | |
| Treasury stock | 11.6B+59.4% | 7.25B+131.5% | 3.13B-78.7% | 14.7B+50.3% | 9.81B+82.5% | |
| Accumulated other comprehensive income | -6.23B+9.6% | -6.89B-18.8% | -5.80B-0.4% | -5.78B-14.5% | -5.05B-7.6% | |
| Non-controlling interest | 1.48B+7.2% | 1.38B+1.5% | 1.36B+1.2% | 1.35B-3.4% | 1.39B-38.1% | |
| Total equity incl. non-controlling | 39.7B+0.6% | 39.5B-3.9% | 41.1B-0.7% | 41.4B-8.9% | 45.4B-8.4% | |
| Total liabilities & equity | 86.8B+8.3% | 80.1B-0.8% | 80.8B+1.4% | 79.7B-2.4% | 81.6B-7.5% | |
| Common shares issued | 491M+0.0% | 491M+0.0% | 491M-11.1% | 552M+0.0% | 552M+0.0% | |
| Common shares outstanding | — | — | — | — | 509M-2.8% | |
| Shares outstanding (cover) | 463M-2.0% | 473M-1.8% | 482M-2.2% | 492M-3.1% | 508M-2.9% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 10.3B+9.8% | 9.42B+1.3% | 9.30B+5.0% | 8.86B-8.9% | 9.72B+30.9% | ||
| Depreciation & amortization | 3.76B-0.4% | 3.78B-0.9% | 3.82B-9.2% | 4.20B-9.3% | 4.63B+0.2% | |
| Intangible amortization | 517M-6.7% | 554M+0.7% | 550M-3.7% | 571M-21.0% | 723M-5.5% | |
| Share-based compensation | — | — | — | 107M-16.4% | 128M-3.8% | |
| Deferred income taxes | -465M-227.5% | -142M-69.0% | -84.0M+78.1% | -383M-50.8% | -254M+31.0% | |
| Change in receivables | 122M-23.8% | 160M+86.0% | 86.0M-79.7% | 423M-23.5% | 553M+3010.5% | |
| Change in inventory | -47.0M+16.1% | -56.0M-144.1% | 127M-63.4% | 347M+169.0% | 129M+816.7% | |
| -5.72B-23.2% | -4.64B+0.6% | -4.67B-51.2% | -3.09B-2.7% | -3.01B-0.7% | ||
| Capital expenditure | 5.26B+17.0% | 4.50B+18.7% | 3.79B+19.4% | 3.17B+2.8% | 3.09B-9.2% | |
| Free cash flow | 5.09B+3.3% | 4.93B-10.7% | 5.52B-3.0% | 5.69B-14.3% | 6.64B+64.8% | |
| Acquisitions | 412M+30.0% | 317M-66.7% | 953M+766.4% | 110M+25.0% | 88.0M+29.4% | |
| Other investing activities | 90.0M | 0.00 | 0.00 | — | — | |
| -4.55B-4.5% | -4.36B+19.3% | -5.40B-74.8% | -3.09B+59.3% | -7.59B-126.8% | ||
| Long-term debt issued | 5.15B+6.3% | 4.84B+121.4% | 2.19B-31.8% | 3.21B+40.6% | 2.28B-18.3% | |
| Long-term debt repaid | 2.28B+74.6% | 1.30B-22.4% | 1.68B-5.8% | 1.78B+21.6% | 1.47B-45.2% | |
| Net short-term debt | 41.0M+111.0% | -372M-167.1% | 554M-81.8% | 3.05B+329.5% | -1.33B-210.9% | |
| Common stock issued | 23.0M-25.8% | 31.0M-6.1% | 33.0M-8.3% | 36.0M-28.0% | 50.0M+6.4% | |
| Common stock repurchased | 4.60B+2.7% | 4.48B+13.2% | 3.96B-23.4% | 5.17B+12.1% | 4.61B+87.7% | |
| Dividends paid | 2.81B+5.9% | 2.65B+7.0% | 2.48B+5.9% | 2.34B+7.1% | 2.19B+7.9% | |
| Other financing activities | -76.0M+81.9% | -420M-692.5% | -53.0M+39.8% | -88.0M+72.8% | -323M-46.8% | |
| FX effect on cash | 131M+156.0% | -234M-3242.9% | -7.00M+90.5% | -74.0M-21.3% | -61.0M-38.6% | |
| Net change in cash | 206M+10.8% | 186M+124.1% | -772M-129.5% | 2.61B+380.7% | -931M-188.3% | |
| Interest paid | 548M+23.7% | 443M-1.8% | 451M+165.3% | 170M-27.0% | 233M-27.6% | |
| Income taxes paid | 2.27B+2.6% | 2.22B+13.4% | 1.96B+12.7% | 1.74B+1.5% | 1.71B+60.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 198B-0.2% | 198B-0.6% | 199B+23.5% | 161B-8.3% | 176B+27.7% | |
| P/E | 28.6×-5.0% | 30.2×-9.4% | 33.3×-20.6% | 41.9×-8.8% | 46.0×-16.5% | |
| P/S | 5.8×-3.1% | 6.0×-2.2% | 6.1×+28.5% | 4.8×-16.4% | 5.7×+13.0% | |
| P/B | 5.2×-0.6% | 5.2×+1.5% | 5.1×+19.5% | 4.3×+7.3% | 4.0×+37.2% | |
| P/FCF | 38.8×-3.4% | 40.2×+3.0% | 39.0×+67.7% | 23.3×-12.1% | 26.5×-22.5% | |
| Earnings yield | 3.5%+5.3% | 3.3%+10.3% | 3.0%+26.0% | 2.4%+9.6% | 2.2%+19.8% | |
| FCF yield | 2.6%+3.5% | 2.5%-2.9% | 2.6%-40.4% | 4.3%+13.8% | 3.8%+29.1% | |
| Dividend yield | 1.4%+6.0% | 1.3%+6.9% | 1.2%-13.5% | 1.4%+17.2% | 1.2%-16.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
One company, more than one SEC registrant: these statements were filed by Praxair Inc until Nov 2, 2018 and by Linde plc since.
About this data
Source: LIN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LIN filings on SEC EDGAR → Not investment advice.