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LIN · Linde PLC · Financials

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$507.56 -1.27 (-0.25%) At close · Oct 26
Market Cap
$234.56B
Shares
460.98M
Volume · Oct 26 1.72M Avg daily vol (3M) 2.08M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$33.99B +3%
FY2025 Revenue FY2016–FY2025
Net Income
$6.9B +5.1%
FY2025 Net Income FY2016–FY2025
Operating Margin
26.25% +0.1pp
FY2025 Operating Margin FY2016–FY2025
Diluted EPS
$14.61 +7.3%
FY2025 Diluted EPS FY2016–FY2025
Operating Cash Flow
$10.35B +9.8%
FY2025 Operating Cash Flow FY2016–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016
— $35.45B $33.99B $33.01B $32.85B $33.36B $30.79B $27.24B $28.23B $14.84B $11.36B $10.53B
— — -$255M -$256M -$200M -$63M -$77M -$115M — — — —
— $146M $147M $150M $146M $143M $143M $152M $184M $113M $93M $92M
— — $2.08B $2B $1.97B $1.81B $1.85B $1.89B $1.86B $872M $696M $652M
— $3.56B $3.43B $3.34B $3.3B $3.11B $3.19B $3.19B $3.46B $1.63B $1.21B $1.15B
— — $517M $554M $550M $571M $723M $765M $735M $215M $91M $94M
— $3.83B $3.76B $3.78B $3.82B $4.2B $4.64B $4.63B $4.68B $1.83B $1.18B $1.12B
— $218M $273M $145M $40M $1.03B $273M $506M $567M $309M $52M —
— $9.38B $8.92B $8.64B $8.02B $5.37B $4.98B $3.32B $2.93B $5.25B $2.44B $2.25B
— — 26.25% 26.16% 24.42% 16.09% 16.19% 12.19% 10.39% 35.37% 21.52% 21.33%
— $13.2B $12.69B $12.42B $11.84B $9.57B $9.62B $7.95B $7.61B $7.08B $3.63B $3.37B
— $251M $255M $256M $200M $63M — — — — — —
— $155M $150M $170M $167M $172M $119M $85M $114M $56M $47M $41M
— $9.35B $8.9B $8.57B $7.99B $5.54B $5.1B $3.38B $2.93B $5.05B $2.29B $2.05B
— $2.09B $1.99B $2B $1.81B $1.43B $1.26B $847M $769M $817M $1.03B $551M
— $7.24B $6.9B $6.57B $6.2B $4.15B $3.83B $2.5B $2.29B $4.38B $1.25B $1.5B
— — 20.3% 19.89% 18.87% 12.43% 12.42% 9.18% 8.09% 29.53% 10.98% 14.24%
— $173M $160M $172M $142M $134M — — — — — —
— $7.57B $7.56B $5.48B $6.18B $3.41B $3.47B $2.63B $1.93B $4.02B $1.75B $1.5B
USD/shares — $15.58 $14.69 $13.71 $12.70 $8.30 $7.40 $4.75 $4.22 $13.26 $4.36 $5.25
USD/shares $17.70 – $17.90* $15.50 $14.61G $13.62G $12.59G $8.23G $7.33G $4.71G $4.19 $13.11 $4.32 $5.21
shares — — 469.49M 478.77M 488.19M 499.74M 516.9M 526.74M 541.09M 330.4M 286.26M 285.68M
shares — — 472.2M 482.09M 492.29M 504.04M 521.88M 531.16M 545.17M 334.13M 289.11M 287.76M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2016–FY2025: $28.78B in buybacks, $19.32B in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current long-term debt and lease obligations 2026-06-30 USD 2,474,000,000 10-Q filed 2026-07-31
Long-term debt, including current maturities 2026-06-30 USD 23,152,000,000 10-Q filed 2026-07-31
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current portion of long-term debt
USD 2,474,000,000
Noncurrent debt carrying amount
USD 20,678,000,000
Noncurrent long-term debt and lease obligations 2026-06-30 USD 20,678,000,000 10-Q filed 2026-07-31
Short-term borrowings 2026-06-30 USD 4,861,000,000 10-Q filed 2026-07-31
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
2 filings have incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

3.200% Notes due 2030

Note · Linde plc

Reference: 3.200% Notes due 2030

Active
Original principal
EUR 500,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 3.2% Reported 2026-05-13 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-05-13 Original principal EUR 500,000,000 Exact source document Parent 8-K filing · 2026-05-13
    On May 13, 2026, Linde plc (the “Company”) issued €600 million aggregate principal amount of Floating Rate Notes due 2028 (the “2028 Notes”), issued €500 million aggregate principal amount of 3.200% Notes due 2030 (the “2030 Notes”) and issued €500 million aggregate principal amount of 3.800% Notes due 2036 (the “2036 Notes”).
    Issuer evidence: On May 13, 2026, Linde plc (the “Company”) issued €600 million aggregate principal amount of Floating Rate Notes due 2028 (the “2028 Notes”), issued €500 million aggregate principal amount of 3.200% Notes due 2030 (the “2030 Notes”) and issued €500 million aggregate principal amount of 3.800% Notes due 2036 (the “2036 Notes”).
    Supporting evidence: The 2028 Notes, the 2030 Notes and the 2036 Notes were issued pursuant to a Subscription Agreement, dated May 11, 2026, by and among the Company, as issuer, and the financial institutions named as bookrunners and other managers therein (the “Managers”).
    Supporting evidence: On May 13, 2026, Linde plc (the “Company”) issued €600 million aggregate principal amount of Floating Rate Notes due 2028 (the “2028 Notes”), issued €500 million aggregate principal amount of 3.200% Notes due 2030 (the “2030 Notes”) and issued €500 million aggregate principal amount of 3.800% Notes due 2036 (the “2036 Notes”).

3.800% Notes due 2036

Note · Linde plc

Reference: 3.800% Notes due 2036

Active
Original principal
EUR 500,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 3.8% Reported 2026-05-13 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-05-13 Original principal EUR 500,000,000 Exact source document Parent 8-K filing · 2026-05-13
    On May 13, 2026, Linde plc (the “Company”) issued €600 million aggregate principal amount of Floating Rate Notes due 2028 (the “2028 Notes”), issued €500 million aggregate principal amount of 3.200% Notes due 2030 (the “2030 Notes”) and issued €500 million aggregate principal amount of 3.800% Notes due 2036 (the “2036 Notes”).
    Issuer evidence: On May 13, 2026, Linde plc (the “Company”) issued €600 million aggregate principal amount of Floating Rate Notes due 2028 (the “2028 Notes”), issued €500 million aggregate principal amount of 3.200% Notes due 2030 (the “2030 Notes”) and issued €500 million aggregate principal amount of 3.800% Notes due 2036 (the “2036 Notes”).
    Supporting evidence: The 2028 Notes, the 2030 Notes and the 2036 Notes were issued pursuant to a Subscription Agreement, dated May 11, 2026, by and among the Company, as issuer, and the financial institutions named as bookrunners and other managers therein (the “Managers”).
    Supporting evidence: On May 13, 2026, Linde plc (the “Company”) issued €600 million aggregate principal amount of Floating Rate Notes due 2028 (the “2028 Notes”), issued €500 million aggregate principal amount of 3.200% Notes due 2030 (the “2030 Notes”) and issued €500 million aggregate principal amount of 3.800% Notes due 2036 (the “2036 Notes”).

Floating Rate Notes due 2028

Note · Linde plc

Reference: Floating Rate Notes due 2028

Active
Original principal
EUR 600,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-05-13 Original principal EUR 600,000,000 Exact source document Parent 8-K filing · 2026-05-13
    On May 13, 2026, Linde plc (the “Company”) issued €600 million aggregate principal amount of Floating Rate Notes due 2028 (the “2028 Notes”), issued €500 million aggregate principal amount of 3.200% Notes due 2030 (the “2030 Notes”) and issued €500 million aggregate principal amount of 3.800% Notes due 2036 (the “2036 Notes”).
    Issuer evidence: On May 13, 2026, Linde plc (the “Company”) issued €600 million aggregate principal amount of Floating Rate Notes due 2028 (the “2028 Notes”), issued €500 million aggregate principal amount of 3.200% Notes due 2030 (the “2030 Notes”) and issued €500 million aggregate principal amount of 3.800% Notes due 2036 (the “2036 Notes”).
    Supporting evidence: The 2028 Notes, the 2030 Notes and the 2036 Notes were issued pursuant to a Subscription Agreement, dated May 11, 2026, by and among the Company, as issuer, and the financial institutions named as bookrunners and other managers therein (the “Managers”).
    Supporting evidence: On May 13, 2026, Linde plc (the “Company”) issued €600 million aggregate principal amount of Floating Rate Notes due 2028 (the “2028 Notes”), issued €500 million aggregate principal amount of 3.200% Notes due 2030 (the “2030 Notes”) and issued €500 million aggregate principal amount of 3.800% Notes due 2036 (the “2036 Notes”).

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
7.13×
Peer median 3.77×
EV/EBIT
26.96×
P/E (TTM)
32.83×
Peer median 35.05×
EV/Adj. EBITDA (FY2025)
18.94×
Peer median 19.95×

Peer medians compare against the 5 similar-size Specialty Chemicals companies (of 66 listed).

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.

Valuation over time computed as of each quarter's filing date

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Americas Segment $15,208,000,000 $14,442,000,000 $14,304,000,000 $13,874,000,000 $12,103,000,000 $10,459,000,000 $10,989,000,000 $8,017,000,000
EMEA Segment $8,549,000,000 $8,352,000,000 $8,542,000,000 $8,443,000,000 $7,643,000,000 $6,449,000,000 $6,643,000,000 $2,644,000,000
APAC Segment $6,661,000,000 $6,632,000,000 $6,559,000,000 $6,480,000,000 $6,133,000,000 $5,687,000,000 $5,779,000,000 $2,446,000,000
Engineering Segment $2,250,000,000 $2,322,000,000 $2,160,000,000 $2,762,000,000 $2,867,000,000 $2,851,000,000 $2,799,000,000 $459,000,000
Corporate And Other $1,318,000,000 $1,257,000,000 $1,289,000,000 $1,805,000,000 $2,047,000,000 $1,797,000,000 $1,953,000,000 $1,270,000,000
Americas — — — — — — $10,993,000,000 $8,017,000,000

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
United States $12,182,000,000 $11,497,000,000 $10,566,000,000 $10,553,000,000 $9,123,000,000 $8,475,000,000 $8,604,000,000 $5,942,000,000
Other International $11,259,000,000 $10,847,000,000 $11,472,000,000 $10,978,000,000 $11,075,000,000 $9,479,000,000 $10,215,000,000 $5,410,000,000
China $2,600,000,000 $2,649,000,000 $2,585,000,000 $2,643,000,000 $2,562,000,000 $2,061,000,000 $2,005,000,000 $1,032,000,000
Germany $2,432,000,000 $2,509,000,000 $2,827,000,000 $3,662,000,000 $3,601,000,000 $3,740,000,000 $3,630,000,000 $868,000,000
United Kingdom $1,510,000,000 $1,540,000,000 $1,507,000,000 $1,954,000,000 $2,060,000,000 $1,595,000,000 $1,653,000,000 $398,000,000
Mexico $1,391,000,000 $1,346,000,000 $1,292,000,000 $1,044,000,000 — — — —
Brazil $1,325,000,000 $1,263,000,000 $1,302,000,000 $1,158,000,000 $1,065,000,000 $822,000,000 $994,000,000 $1,003,000,000
Australia $1,287,000,000 $1,354,000,000 $1,303,000,000 $1,372,000,000 $1,307,000,000 $1,071,000,000 $1,127,000,000 $183,000,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Americas Segment $4,747,000,000 $4,550,000,000 $4,244,000,000 $3,732,000,000 $3,368,000,000 $2,773,000,000 $2,577,000,000 $2,053,000,000
EMEA Segment $3,055,000,000 $2,780,000,000 $2,486,000,000 $2,013,000,000 $1,889,000,000 $1,465,000,000 $1,367,000,000 $481,000,000
APAC Segment $1,933,000,000 $1,918,000,000 $1,806,000,000 $1,670,000,000 $1,502,000,000 $1,277,000,000 $1,184,000,000 $465,000,000
Engineering Segment $408,000,000 $410,000,000 $491,000,000 $555,000,000 $473,000,000 $435,000,000 $390,000,000 $14,000,000
Corporate And Other -$6,000,000 $62,000,000 $43,000,000 -$66,000,000 -$56,000,000 -$153,000,000 -$246,000,000 -$37,000,000

Operating Margin by Segment (%)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Americas Segment 31.2% 31.5% 29.7% 26.9% 27.8% 26.5% 23.5% 25.6%
EMEA Segment 35.7% 33.3% 29.1% 23.8% 24.7% 22.7% 20.6% 18.2%
APAC Segment 29% 28.9% 27.5% 25.8% 24.5% 22.5% 20.5% 19%
Engineering Segment 18.1% 17.7% 22.7% 20.1% 16.5% 15.3% 13.9% 3.1%
Corporate And Other -0.5% 4.9% 3.3% -3.7% -2.7% -8.5% -12.6% -2.9%
Key facts CIK 1707925 CUSIP G54950103 13F (30d) 734 filings 711 filers Visit website Investor relations