Linde plc (LIN) Financial Statements
Linde financial statements at a glance
Linde reported revenue of $33.99 billion for fiscal year 2025 (ended December 31, 2025), up 3.0% from fiscal year 2024. Net income was $6.90 billion, a net margin of 20.3%, and diluted earnings per share were $14.61.
At the end of fiscal year 2025 it had total assets of $86.82 billion, total liabilities of $47.08 billion and shareholders' equity of $38.25 billion, with cash and short-term investments of $5.06 billion and total debt of $28.07 billion.
Its operations brought in $10.35 billion of cash; capital spending was $5.26 billion, leaving free cash flow of $5.09 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Linde plc
Income Statement
Annual • USD
Linde key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $34.0B | $33.0B | $32.9B | $33.4B | $30.8B |
| Gross profit | $16.6B | $15.9B | $15.4B | $13.9B | $13.3B |
| Operating income | $9.3B | $8.6B | $8.1B | $6.5B | $5.3B |
| Net income | $6.9B | $6.6B | $6.2B | $4.1B | $3.8B |
| Diluted EPS | $14.61 | $13.62 | $12.59 | $8.23 | $7.33 |
| Total assets | $86.8B | $80.1B | $80.8B | $79.7B | $81.6B |
| Total liabilities | $47.1B | $40.7B | $39.7B | $38.3B | $36.2B |
| Shareholders' equity | $38.2B | $38.1B | $39.7B | $40.0B | $44.0B |
| Cash and short-term investments | $5.1B | $4.9B | $4.7B | $5.4B | $2.8B |
| Total debt | $28.1B | $22.6B | $20.3B | $18.8B | $15.2B |
| Operating cash flow | $10.4B | $9.4B | $9.3B | $8.9B | $9.7B |
| Capital spending | $5.3B | $4.5B | $3.8B | $3.2B | $3.1B |
| Free cash flow | $5.1B | $4.9B | $5.5B | $5.7B | $6.6B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Linde's revenue in fiscal year 2025?
$33.99 billion, up 3.0% from $33.01 billion in fiscal year 2024.
How much profit does Linde make?
Linde reported net income of $6.90 billion for fiscal year 2025 (20.3% of revenue); operating income was $9.25 billion.
How much cash and debt does Linde have?
At the end of fiscal year 2025: cash and short-term investments of $5.06 billion and total debt of $28.07 billion.
What is Linde's free cash flow?
$5.09 billion in fiscal year 2025 (operating cash flow of $10.35 billion minus capital spending of $5.26 billion).
