Linde
US.LIN
477.57
-4.62
-0.96%
Linde
477.57
-4.62
-0.96%
Collector offline (last heartbeat: 809s ago)
· 2026-09-04 20:02
Pre-market
478.81
-0.70%
After-hours
477.57
0.00%
Overnight
482.00
-0.04%
Revenue annual, last 8 years
Latest year +2.97% YoY
Margins
- Gross margin
- 48.83%
- Operating margin
- 27.23%
- Net margin
- 20.30%
Key ratios & quality
- Enterprise value
- 242.34B
- PEG ratio
- 1.67
- Altman Z-Score
- 3.79
PEG uses trailing P/E against the 3-year net income growth rate (18.48%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.79, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.84B | 28.23B | 27.24B | 30.79B | 33.36B | 32.85B | 33.01B | 33.99B |
| Gross profit | 5.82B | 11.58B | 11.86B | 13.25B | 13.91B | 15.36B | 15.86B | 16.60B |
| Selling & admin expenses | 1.63B | 3.46B | 3.19B | 3.19B | 3.11B | 3.30B | 3.34B | 3.43B |
| Research & development | 113.00M | 184.00M | 152.00M | 143.00M | 143.00M | 146.00M | 150.00M | 147.00M |
| Operating profit | 2.24B | 3.27B | 3.89B | 5.28B | 6.46B | 8.11B | 8.60B | 9.25B |
| Pretax profit | 5.05B | 2.93B | 3.38B | 5.10B | 5.54B | 7.99B | 8.57B | 8.90B |
| Tax | 817.00M | 769.00M | 847.00M | 1.26B | 1.43B | 1.81B | 2.00B | 1.99B |
| Net profit | 4.41B | 2.38B | 2.63B | 3.96B | 4.28B | 6.34B | 6.74B | 7.06B |
| Basic EPS | 13 | 4 | 5 | 7 | 8 | 13 | 14 | 15 |
| Diluted EPS | 13.11 | 4.19 | 4.71 | 7.33 | 8.23 | 12.59 | 13.62 | 14.61 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 8.11B | 8.50B | 8.62B | 8.76B | 8.78B | 9.29B |
| Gross profit | 3.96B | 4.19B | 4.24B | 4.22B | 4.26B | 4.43B |
| Selling & admin expenses | 786.00M | 870.00M | 897.00M | 880.00M | 893.00M | 891.00M |
| Research & development | 38.00M | 38.00M | 36.00M | 35.00M | 38.00M | 37.00M |
| Operating profit | 2.22B | 2.34B | 2.34B | 2.35B | 2.38B | 2.54B |
| Pretax profit | 2.18B | 2.35B | 2.36B | 2.01B | 2.43B | 2.55B |
| Tax | 511.00M | 573.00M | 424.00M | 481.00M | 571.00M | 610.00M |
| Net profit | 1.71B | 1.81B | 1.97B | 1.57B | 1.90B | 1.97B |
| Basic EPS | 4 | 4 | 4 | 3 | 4 | 4 |
| Diluted EPS | 3.51 | 3.73 | 4.09 | 3.26 | 3.98 | 4.15 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 17.27B | 10.35B | 10.92B | 10.16B | 13.05B | 12.62B | 12.95B | 13.33B |
| Cash & ST investments | 4.47B | 2.70B | 3.75B | 2.82B | 5.44B | 4.66B | 4.85B | 5.06B |
| Inventory | 1.65B | 1.70B | 1.73B | 1.73B | 1.98B | 2.12B | 1.95B | 2.06B |
| Total assets | 93.39B | 86.61B | 88.23B | 81.61B | 79.66B | 80.81B | 80.15B | 86.82B |
| Total current liabilities | 12.96B | 12.16B | 13.74B | 13.64B | 16.48B | 15.72B | 14.54B | 15.20B |
| Short-term debt | 3.01B | 3.52B | 4.28B | 3.13B | 5.94B | 6.20B | 6.51B | 6.57B |
| Long-term debt | 12.29B | 10.69B | 12.15B | 11.34B | 12.20B | 13.40B | 15.34B | 20.68B |
| Total liabilities | 36,290,000,000.00 | 34,977,000,000.00 | 38,647,000,000.00 | 36,164,000,000.00 | 38,271,000,000.00 | 39,716,000,000.00 | 40,659,000,000.00 | 47,076,000,000.00 |
| Total equity | 57.10B | 51.64B | 49.58B | 45.44B | 41.39B | 41.10B | 39.49B | 39.74B |
| Retained earnings | 16.53B | 16.84B | 17.18B | 18.71B | 20.54B | 8.85B | 12.63B | 16.61B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 13.60B | 13.63B | 13.33B | 13.33B | 12.75B | 14.18B |
| Cash & ST investments | 5.29B | 4.79B | 4.51B | 5.06B | 3.96B | 4.90B |
| Inventory | 1.98B | 2.12B | 2.13B | 2.06B | 2.08B | 2.12B |
| Total assets | 82.70B | 86.08B | 85.99B | 86.82B | 86.32B | 88.35B |
| Total current liabilities | 14.49B | 14.71B | 16.19B | 15.20B | 15.39B | 16.13B |
| Short-term debt | 6.29B | 6.22B | 7.33B | 6.57B | 6.46B | 7.34B |
| Long-term debt | 17.61B | 19.70B | 18.59B | 20.68B | 19.86B | 20.68B |
| Total liabilities | 43,241,000,000.00 | 46,092,000,000.00 | 45,907,000,000.00 | 47,076,000,000.00 | 46,223,000,000.00 | 47,719,000,000.00 |
| Total equity | 39.46B | 39.99B | 40.09B | 39.74B | 40.09B | 40.63B |
| Retained earnings | 13.55B | 14.60B | 15.80B | 16.61B | 17.64B | 18.80B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3.70B | 6.19B | 7.43B | 9.73B | 8.86B | 9.31B | 9.42B | 10.35B |
| Depreciation & amortization | 1.83B | 4.68B | 4.63B | 4.64B | 4.20B | 3.82B | 3.78B | 3.76B |
| Free cash flow | 1.82B | 2.51B | 4.03B | 6.64B | 5.69B | 5.52B | 4.93B | 5.09B |
| Dividends paid | -1.17B | -1.89B | -2.03B | -2.19B | -2.34B | -2.48B | -2.66B | -2.81B |
| Stock buybacks / issuance | -522.00M | -2.59B | -2.41B | -4.56B | -5.13B | -3.93B | -4.45B | -4.58B |
| Ending cash balance | 4.47B | 2.70B | 3.75B | 2.82B | 5.44B | 4.66B | 4.85B | 5.06B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 2.16B | 2.21B | 2.95B | 3.03B | 2.24B | 2.27B |
| Depreciation & amortization | 910.00M | 942.00M | 961.00M | 950.00M | 951.00M | 963.00M |
| Free cash flow | 891.00M | 954.00M | 1.67B | 1.57B | 898.00M | 833.00M |
| Dividends paid | -708.00M | -704.00M | -701.00M | -698.00M | -741.00M | -738.00M |
| Stock buybacks / issuance | -1.10B | -1.11B | -984.00M | -1.39B | -804.00M | -852.00M |
| Ending cash balance | 5.29B | 4.79B | 4.51B | 5.06B | 3.96B | 4.90B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE % | 15.21 | 4.54 | 5.19 | 8.38 | 9.87 | 15.55 | 16.87 | 18.07 |
| ROA % | 7.70 | 2.54 | 2.86 | 4.51 | 5.14 | 7.73 | 8.16 | 8.26 |
| ROIC % | 11.11 | 3.64 | 4.12 | 6.34 | 7.10 | 10.69 | 11.20 | 11.17 |
| 5-year avg ROE % | 25.66 | 21.02 | 15.88 | 11.18 | 8.64 | 8.70 | 11.17 | 13.75 |
| EBIT margin % | 35.24 | 11.24 | 13.36 | 17.11 | 17.26 | 25.57 | 27.44 | 27.54 |
| FCF / sales % | 12.21 | 8.88 | 14.79 | 21.56 | 17.06 | 16.80 | 14.93 | 14.97 |
| Current ratio | 1.33 | 0.85 | 0.80 | 0.74 | 0.79 | 0.80 | 0.89 | 0.88 |
| Quick ratio | 0.72 | 0.63 | 0.61 | 0.56 | 0.63 | 0.62 | 0.68 | 0.69 |
| Debt / assets | 29.65 | 30.43 | 36.40 | 34.55 | 46.94 | 51.15 | 59.35 | 73.39 |
| LT debt / equity | 23.82 | 23.25 | 27.36 | 27.44 | 32.11 | 35.53 | 42.26 | 56.22 |
| Interest coverage | 26.00 | 12.90 | 14.27 | 30.99 | 26.78 | 20.34 | 18.60 | 20.17 |
| Revenue CAGR (3Y) % | 11.25 | 38.90 | 33.86 | 27.56 | 5.73 | 6.44 | 2.34 | 0.62 |
| Net income CAGR (3Y) % | 41.48 | 15.06 | 26.11 | -4.41 | 21.98 | 35.33 | 19.72 | 18.48 |
| FCF CAGR (3Y) % | 16.38 | 23.70 | 32.55 | 53.97 | 31.44 | 11.05 | -9.47 | -3.66 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE % | 17.20 | 17.51 | 18.24 | 18.07 | 18.49 | 18.67 |
| ROA % | 8.11 | 8.07 | 8.42 | 8.26 | 8.38 | 8.31 |
| ROIC % | 11.53 | 11.40 | 11.85 | 11.17 | 11.74 | 11.56 |
| 5-year avg ROE % | -- | -- | -- | -- | -- | -- |
| EBIT margin % | 27.72 | 28.07 | 28.72 | 27.54 | 27.74 | 27.67 |
| FCF / sales % | 14.87 | 15.25 | 15.15 | 14.97 | 14.70 | 14.03 |
| Current ratio | 0.94 | 0.93 | 0.82 | 0.88 | 0.83 | 0.88 |
| Quick ratio | 0.73 | 0.70 | 0.62 | 0.69 | 0.62 | 0.68 |
| Debt / assets | 62.83 | 67.30 | 67.14 | 73.39 | 68.24 | 71.68 |
| LT debt / equity | 46.30 | 51.15 | 48.15 | 56.22 | 51.49 | 52.91 |
| Interest coverage | 18.99 | 19.48 | 20.26 | 20.17 | 20.63 | 21.32 |
| Revenue CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Americas43.96%
Europe, Middle East and Africa (EMEA)24.79%
Asia Pacific (APAC)20.13%
Engineering6.73%
Other4.39%
Quote time 2026-09-04 20:02:32
For reference only, not investment advice.