LIN · XBRL financial data
Linde financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (LIN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 27,243 | 30,793 | 33,364 | 32,854 | 33,005 | 33,986 |
| Research and development | 152 | 143 | 143 | 146 | 150 | 147 |
| Selling, general and administrative | 3,193 | 3,189 | 3,107 | 3,295 | 3,337 | 3,433 |
| General and administrative | 1,890 | 1,847 | 1,812 | 1,965 | 2,004 | 2,083 |
| Other operating income (expense) | (61) | (26) | (62) | (41) | 185 | (58) |
| Operating income (loss) | 3,322 | 4,984 | 5,369 | 8,024 | 8,635 | 8,923 |
| Interest expense | 277 | 227 | 63 | 200 | 256 | 255 |
| Income tax expense (benefit) | 847 | 1,262 | 1,434 | 1,814 | 2,002 | 1,989 |
| Net income (loss) | 2,501 | 3,826 | 4,147 | 6,199 | 6,565 | 6,898 |
| Earnings per share, basic USD per share | 4.75 | 7.40 | 8.30 | 12.70 | 13.71 | 14.69 |
| Earnings per share, diluted USD per share | 4.71 | 7.33 | 8.23 | 12.59 | 13.62 | 14.61 |
| Weighted average shares, basic millions of shares | 527 | 517 | 500 | 488 | 479 | 469 |
| Weighted average shares, diluted millions of shares | 531 | 522 | 504 | 492 | 482 | 472 |
Balance sheet
CSVFiscal years (LIN's year ends in late December)
Cash flows
CSVFiscal years (LIN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 2,501 | 3,826 | 4,147 | 6,199 | 6,565 | 6,898 |
| Stock-based compensation | 133 | 128 | 107 | — | — | — |
| Net cash from operating activities | 7,429 | 9,725 | 8,864 | 9,305 | 9,423 | 10,350 |
| Purchases of property and equipment | 3,400 | 3,086 | 3,173 | 3,787 | 4,497 | 5,261 |
| Net cash from investing activities | (2,986) | (3,007) | (3,088) | (4,670) | (4,644) | (5,721) |
| Proceeds from issuing common stock | 47 | 50 | 36 | 33 | 31 | 23 |
| Share repurchases | 2,457 | 4,612 | 5,168 | 3,958 | 4,482 | 4,601 |
| Dividends paid | 2,028 | 2,189 | 2,344 | 2,482 | 2,655 | 2,811 |
| Proceeds from long-term debt | 2,796 | 2,283 | 3,210 | 2,188 | 4,844 | 5,148 |
| Repayments of long-term debt | 2,681 | 1,468 | 1,785 | 1,682 | 1,305 | 2,278 |
| Net cash from financing activities | (3,345) | (7,588) | (3,089) | (5,400) | (4,359) | (4,554) |
| Net change in cash | 1,054 | (931) | 2,613 | (772) | 186 | 206 |
Compare with peers
SIC 2810 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.
How peers are chosen
- SIC 2810 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Fewer than three companies fall in that range, so the list adds same-SIC (2810) companies nearest in public float, each marked “added: same SIC”.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Linde | 3,947 | 9,404 | 3,169* | 459.1M | — | 10-QSep 30, 2026 |
| Air Products & Chemicals | 981 | 3,161 | 1,305* | 222.7M | — | 10-QJun 30, 2026 |
| Minerals Technologiesadded: same SIC | 372 | 555 | 76* | 31.1M | — | 10-QOct 4, 2026 |
| Tronox Holdingsadded: same SIC | 194 | 868 | 105* | 159.7M | — | 10-QJun 30, 2026 |
| LSB Industriesadded: same SIC | 38 | 159 | 21* | 72.0M | — | 10-QSep 30, 2026 |
| LIGHTBRIDGEadded: same SIC | 192 | 0 | (3.5)* | 37.5M | 54.5 quarters | 10-QJun 30, 2026 |
| Luxfer Holdingsadded: same SIC | 20 | 92 | 16* | 26.8M | — | 10-QSep 27, 2026 |
| Kronos Worldwideadded: same SIC | 27 | 558 | 53* | 115.1M | — | 10-QJun 30, 2026 |
| Standard Nuclearadded: same SIC | 102 | 4.7 | not reported | 0 | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
