LINDE PLC
LINAnalytical Summary
LINDE PLC shows strong fundamentals with top-quartile Return on Common Equity (%) and Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.
11-Year Financial Trajectory
AnnualBullish Indicators
- Operating Margin (%)Operating Margin (%) is in the top quartile
- Profit Margin (%)Profit Margin (%) is in the top quartile
- Return on Common Equity (%)Return on Common Equity (%) is in the top quartile
Bearish Risks
- No bearish risks detected.
Health Breakdown
Dividend History
Dividend / share · sourced from SEC filingsStatement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ | FY 2016 Dec 31, 2016 10-K ↗ | FY 2015 Dec 31, 2015 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue Growth YoY (%) |
3.0%
Caution
↑
Caution
Improving
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-41%)
|
0.5%
Caution
↓
Caution
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-91%)
|
-1.5%
Weak
↓
Weak
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-131%)
|
8.3%
Fair
↓
Fair
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+67%)
|
13.0%
Good
↓
Good
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+161%)
|
-3.5%
Weak
↓
Weak
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-170%)
|
90.3%
Excellent
↑
Excellent
Improving
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+1705%)
|
29.7%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+494%)
|
8.6%
Fair
Fair
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+71%)
|
— | — |
| EPS Growth YoY (%) |
7.1%
Fair
↓
Fair
Declining
Year-over-year change in earnings per share
Optimal:
> 10%
|
8.0%
Fair
↓
Fair
Declining
Year-over-year change in earnings per share
Optimal:
> 10%
|
53.0%
Excellent
↑
Excellent
Improving
Year-over-year change in earnings per share
Optimal:
> 10%
|
12.2%
Fair
↑
Fair
Improving
Year-over-year change in earnings per share
Optimal:
> 10%
|
55.8%
Excellent
↑
Excellent
Improving
Year-over-year change in earnings per share
Optimal:
> 10%
|
12.6%
Fair
↓
Fair
Declining
Year-over-year change in earnings per share
Optimal:
> 10%
|
-68.2%
Weak
↓
Weak
Declining
Year-over-year change in earnings per share
Optimal:
> 10%
|
204.1%
Excellent
Excellent
Year-over-year change in earnings per share
Optimal:
> 10%
|
-17.0%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
— | — |
| Net Income Growth YoY (%) |
5.1%
Fair
↓
Fair
Declining
Year-over-year change in net income |
5.9%
Fair
↓
Fair
Declining
Year-over-year change in net income |
49.5%
Excellent
↑
Excellent
Improving
Year-over-year change in net income |
8.4%
Fair
↑
Fair
Improving
Year-over-year change in net income |
53.0%
Excellent
↓
Excellent
Declining
Year-over-year change in net income |
9.5%
Fair
↓
Fair
Declining
Year-over-year change in net income |
-47.8%
Weak
↓
Weak
Declining
Year-over-year change in net income |
251.3%
Excellent
Excellent
Year-over-year change in net income |
-16.9%
Weak
Weak
Year-over-year change in net income |
— | — |
| FCF Growth YoY (%) |
5.4%
Fair
↑
Fair
Improving
Year-over-year change in free cash flow |
-9.0%
Weak
↓
Weak
Declining
Year-over-year change in free cash flow |
-0.7%
Weak
Weak
Year-over-year change in free cash flow |
-11.3%
Weak
Weak
Year-over-year change in free cash flow |
— | — | — | — | — | — | — |
| Revenue CAGR 3Y (%) |
0.6%
Weak
↓
Weak
Declining
Compound annual revenue growth over 3 years |
2.3%
Caution
↓
Caution
Declining
Compound annual revenue growth over 3 years |
6.4%
Fair
↓
Fair
Declining
Compound annual revenue growth over 3 years |
5.7%
Fair
↓
Fair
Declining
Compound annual revenue growth over 3 years |
27.6%
Excellent
↓
Excellent
Declining
Compound annual revenue growth over 3 years |
33.6%
Excellent
Excellent
Compound annual revenue growth over 3 years |
38.9%
Excellent
Excellent
Compound annual revenue growth over 3 years |
— | — | — | — |
| Revenue CAGR 5Y (%) |
4.5%
Fair
↓
Fair
Declining
Compound annual revenue growth over 5 years |
3.2%
Caution
↓
Caution
Declining
Compound annual revenue growth over 5 years |
17.2%
Excellent
↓
Excellent
Declining
Compound annual revenue growth over 5 years |
23.9%
Excellent
Excellent
Compound annual revenue growth over 5 years |
23.9%
Excellent
Excellent
Compound annual revenue growth over 5 years |
— | — | — | — | — | — |
| EPS CAGR 3Y (%) |
21.0%
Excellent
↓
Excellent
Declining
Compound annual EPS growth over 3 years |
22.8%
Excellent
↑
Excellent
Improving
Compound annual EPS growth over 3 years |
38.8%
Excellent
↑
Excellent
Improving
Compound annual EPS growth over 3 years |
25.3%
Excellent
↑
Excellent
Improving
Compound annual EPS growth over 3 years |
-17.7%
Weak
↓
Weak
Declining
Compound annual EPS growth over 3 years |
2.9%
Caution
Caution
Compound annual EPS growth over 3 years |
-7.0%
Weak
Weak
Compound annual EPS growth over 3 years |
— | — | — | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ | FY 2016 Dec 31, 2016 10-K ↗ | FY 2015 Dec 31, 2015 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin (%) (%) |
26.3%
Excellent
↑
Excellent
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+75%)
|
26.2%
Excellent
↑
Excellent
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+74%)
|
24.4%
Good
↑
Good
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+63%)
|
16.1%
Fair
↑
Fair
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+7%)
|
16.2%
Fair
↓
Fair
Declining
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+8%)
|
12.2%
Fair
↓
Fair
Declining
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-19%)
|
10.4%
Caution
↓
Caution
Declining
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-31%)
|
35.4%
Excellent
↑
Excellent
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+136%)
|
21.4%
Good
Good
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+42%)
|
21.3%
Good
Good
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+42%)
|
— |
| Profit Margin (%) (%) |
20.3%
Excellent
↑
Excellent
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+103%)
|
19.9%
Good
↑
Good
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+99%)
|
18.9%
Good
↑
Good
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+89%)
|
12.4%
Fair
↑
Fair
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+24%)
|
12.4%
Fair
↓
Fair
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+24%)
|
9.2%
Caution
↓
Caution
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-8%)
|
8.1%
Caution
↓
Caution
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-19%)
|
29.5%
Excellent
↑
Excellent
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+195%)
|
10.9%
Fair
Fair
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+9%)
|
14.2%
Fair
Fair
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+42%)
|
— |
| FCF Margin (%) (%) |
15.0%
Fair
↓
Fair
Declining
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
14.9%
Fair
↓
Fair
Declining
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
16.8%
Good
↓
Good
Declining
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
17.1%
Good
Good
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
21.6%
Excellent
Excellent
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
— | — | — | — | — | — |
| FCF / Net Income (x) |
0.74x
Caution
↓
Caution
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.75x
Caution
↓
Caution
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.89x
Caution
↓
Caution
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
1.37x
Good
Good
Free cash flow relative to reported net income
Optimal:
> 1x
|
1.74x
Excellent
Excellent
Free cash flow relative to reported net income
Optimal:
> 1x
|
— | — | — | — | — | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ | FY 2016 Dec 31, 2016 10-K ↗ | FY 2015 Dec 31, 2015 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Invested Capital (%) |
11.6%
Good
↑
Good
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
12.3%
Good
↑
Good
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
11.7%
Good
↑
Good
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
7.9%
Fair
↑
Fair
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
6.9%
Caution
↑
Caution
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
4.4%
Caution
↓
Caution
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
3.8%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
6.3%
Caution
Caution
Return earned on debt + equity capital invested
Optimal:
> 10%
|
13.1%
Good
Good
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— | — |
| Return on Capital (%) (%) |
10.3%
Good
↑
Good
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
10.8%
Good
↑
Good
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
9.9%
Fair
↑
Fair
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
6.7%
Caution
↑
Caution
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
6.1%
Caution
↑
Caution
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
3.8%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
3.4%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
5.6%
Caution
Caution
Operating profit relative to total assets
Optimal:
> 10%
|
12.0%
Good
Good
Operating profit relative to total assets
Optimal:
> 10%
|
— | — |
| Return on Common Equity (%) (%) |
18.0%
Good
↑
Good
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+50%)
|
17.2%
Good
↑
Good
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+44%)
|
15.6%
Good
↑
Good
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+30%)
|
10.4%
Fair
↑
Fair
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-14%)
|
8.7%
Caution
↑
Caution
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-28%)
|
5.3%
Caution
↓
Caution
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-56%)
|
4.7%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-61%)
|
8.5%
Caution
Caution
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-29%)
|
20.7%
Excellent
Excellent
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+73%)
|
— | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ | FY 2016 Dec 31, 2016 10-K ↗ | FY 2015 Dec 31, 2015 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt to Equity (x) |
0.71x
Fair
↑
Fair
Improving
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Above avg (+41%)
|
0.57x
Good
↑
Good
Improving
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Above avg (+14%)
|
0.49x
Good
↑
Good
Improving
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
At sector avg
|
0.45x
Good
↑
Good
Improving
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-10%)
|
0.32x
Good
→
Good
Stable
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-35%)
|
0.34x
Good
↓
Good
Declining
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-32%)
|
0.28x
Excellent
↓
Excellent
Declining
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-43%)
|
0.30x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-41%)
|
1.50x
Caution
Caution
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Above avg (+199%)
|
— | — |
| Interest Coverage (x) |
15.52x
Excellent
↓
Excellent
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
15.56x
Excellent
↓
Excellent
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
16.72x
Excellent
↓
Excellent
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
19.38x
Excellent
↑
Excellent
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
21.96x
Excellent
↑
Excellent
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
11.99x
Excellent
↓
Excellent
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
10.33x
Excellent
↓
Excellent
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
17.67x
Excellent
↑
Excellent
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
12.93x
Excellent
Excellent
Operating income divided by interest expense
Optimal:
> 5x
|
10.80x
Excellent
Excellent
Operating income divided by interest expense
Optimal:
> 5x
|
— |
| Net Debt (USD) | $21.93B | $16.77B | $14.71B | $12.48B | $11.38B | $12.40B | $11.26B | $10.83B | $8.38B | $-524.00M | $-147.00M |
| Debt / EBITDA (x) |
2.22x
Fair
↑
Fair
Improving
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
1.82x
Good
→
Good
Stable
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
1.72x
Good
↓
Good
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
1.99x
Good
→
Good
Stable
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
1.60x
Good
↓
Good
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
2.25x
Fair
→
Fair
Stable
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
2.03x
Fair
↓
Fair
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
2.23x
Fair
Fair
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
2.54x
Fair
Fair
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
— | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ | FY 2016 Dec 31, 2016 10-K ↗ | FY 2015 Dec 31, 2015 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital (USD) | $-1.87B | $-1.60B | $-3.10B | $-3.43B | $-3.48B | $-2.82B | $-1.81B | $4.32B | $-22.00M | — | — |
| LT Debt (USD) | $22.48B | $17.40B | $14.66B | $13.80B | $13.04B | $12.90B | $12.22B | $13.81B | $8.76B | — | — |
| Total Equity (USD) | $38.24B | $38.09B | $39.72B | $40.03B | $44.03B | $47.32B | $49.07B | $51.60B | $6.02B | — | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ | FY 2016 Dec 31, 2016 10-K ↗ | FY 2015 Dec 31, 2015 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $33.99B | $33.01B | $32.85B | $33.36B | $30.79B | $27.24B | $28.23B | $14.84B | $11.44B | $10.53B | — |
| Depreciation Expense (USD) | $3.25B | $3.23B | $3.27B | $3.63B | $3.91B | $3.86B | $3.94B | $1.61B | $1.09B | $1.03B | — |
| Net Income, GAAP (USD) | $6.90B | $6.57B | $6.20B | $4.15B | $3.83B | $2.50B | $2.29B | $4.38B | $1.25B | $1.50B | — |
| Operating Cash Flow (USD) | $10.35B | $9.42B | $9.30B | $8.86B | $9.72B | — | — | — | — | — | — |
Secondary lens
Benchmark Lens
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Open lens
Benchmark Lens
Compare LIN against peers after checking the statement evidence.
Signals
Key bullish and bearish indicators for LIN
Operating Margin (%) is in the top quartile
Profit Margin (%) is in the top quartile
Return on Common Equity (%) is in the top quartile
No bearish signals detected
Percentile Rankings
How LIN compares to all companies
Peer Comparison
LIN vs similar peers
Compare LIN with peers
Stack LIN against similar companies across every metric on this page.
north_east Open comparisonbar_chart Data from SEC EDGAR XBRL filings
Synced 1 week ago 11 years · 39 quarters