← LINDE PLC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $10.5b | $11.4b | $14.9b | $28.2b | $27.2b | $30.8b | $33.4b | $32.9b | $33.0b | $34.0b | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $5.9b | $6.5b | $9.1b | $16.6b | $15.4b | $17.5b | $19.4b | $17.5b | $17.1b | $17.4b | |
| Cost of sales, exclusive of depreciation and amortization | $5.9b | $6.5b | $9.1b | $16.6b | $15.4b | $17.5b | $19.4b | $17.5b | $17.1b | $17.4b | |
| Cost Of Revenue | $5.9b | $6.5b | $9.1b | $16.6b | $15.4b | $17.5b | $19.4b | $17.5b | $17.1b | $17.4b | |
| Reconciled Cost Of Revenue | $5.9b | $6.5b | $9.1b | $16.6b | $15.4b | $17.5b | $19.4b | $17.5b | $17.1b | $17.4b | |
| Gross Profit | — | — | — | — | — | — | $13.9b | $15.4b | $15.9b | $16.6b | |
| Research and development | $92.0m | $93.0m | $113.0m | $184.0m | $152.0m | $143.0m | $143.0m | $146.0m | $150.0m | $147.0m | |
| Selling, general and administrative | $1.1b | $1.2b | $1.6b | $3.5b | $3.2b | $3.2b | $3.1b | $3.3b | $3.3b | $3.4b | |
| Operating Income (Loss) | $2.2b | $2.4b | $5.2b | $2.9b | $3.3b | $5.0b | $5.4b | $8.0b | $8.6b | $8.9b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | $91.0m | $215.0m | $735.0m | $765.0m | $723.0m | $571.0m | $550.0m | $554.0m | $517.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($3.0m) | $4.0m | ($11.0m) | ($28.0m) | ($29.0m) | ($18.0m) | ($47.0m) | ($11.0m) | ($13.0m) | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | $1.0b | $931.0m | $1.2b | $1.3b | $2.0b | $2.5b | $2.9b | $2.7b | $2.9b | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | $4 | $13 | $4 | $5 | $7 | $8 | $13 | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | $4 | $13 | $4 | $5 | $7 | $8 | $13 | $13.62 | $14.61 | |
| Income (Loss) from Equity Method Investments | $41.0m | $47.0m | $56.0m | $114.0m | $85.0m | $119.0m | $172.0m | $167.0m | $170.0m | $150.0m | |
| Interest Income, Other | — | — | — | $112.0m | $55.0m | $40.0m | $117.0m | $197.0m | $228.0m | $209.0m | |
| Depreciation and amortization | $1.1b | $1.2b | $1.8b | $4.7b | $4.6b | $4.6b | $4.2b | $3.8b | $3.8b | $3.8b | |
| Operating Profit | $2.2b | $2.4b | $5.2b | $2.9b | $3.3b | $5.0b | $5.4b | $8.0b | $8.6b | $8.9b | |
| Income taxes | $551.0m | $1.0b | $817.0m | $769.0m | $847.0m | $1.3b | $1.4b | $1.8b | $2.0b | $2.0b | |
| Income Before Equity Investments | $1.5b | $1.3b | $4.2b | $2.2b | $2.5b | $3.8b | $4.1b | $6.2b | $6.6b | $6.9b | |
| Income from equity investments | $41.0m | $47.0m | $56.0m | $114.0m | $85.0m | $119.0m | $172.0m | $167.0m | $170.0m | $150.0m | |
| Add: Noncontrolling interests | — | — | — | — | — | — | ($134.0m) | ($142.0m) | ($172.0m) | $160.0m | |
| Amortization | — | $91.0m | $215.0m | $735.0m | $765.0m | $723.0m | $571.0m | $550.0m | $554.0m | $517.0m | |
| Amortization Of Intangibles Income Statement | — | $91.0m | $215.0m | $735.0m | $765.0m | $723.0m | $571.0m | $550.0m | $554.0m | $517.0m | |
| Depreciation Amortization Depletion Income Statement | $1.1b | $1.2b | $1.8b | $4.7b | $4.6b | $4.6b | $4.2b | $3.8b | $3.8b | $3.8b | |
| Depreciation And Amortization In Income Statement | $1.1b | $1.2b | $1.8b | $4.7b | $4.6b | $4.6b | $4.2b | $3.8b | $3.8b | $3.8b | |
| Depreciation Income Statement | — | — | — | — | — | — | $3.6b | $3.3b | $3.2b | $3.2b | |
| Diluted EPS | — | $4 | $13 | $4 | $5 | $7 | $8.23 | $12.59 | $13.62 | $14.61 | |
| Diluted NI Availto Com Stockholders | — | $1.2b | $4.3b | $2.2b | $2.5b | $3.8b | $4.1b | $6.2b | $6.6b | $6.9b | |
| Earnings From Equity Interest Net Of Tax | $41.0m | $47.0m | $56.0m | $114.0m | $85.0m | $119.0m | $172.0m | $167.0m | $170.0m | $150.0m | |
| Gain On Sale Of Business | — | — | — | — | — | $0 | — | — | $43.0m | $35.0m | |
| Gain On Sale Of PPE | — | — | — | — | — | — | ($9.0m) | $21.0m | $77.0m | $34.0m | |
| Gain On Sale Of Security | — | ($3.0m) | $4.0m | ($11.0m) | ($28.0m) | ($29.0m) | ($18.0m) | ($47.0m) | ($11.0m) | ($13.0m) | |
| Interest Income | — | — | — | — | — | — | $152.0m | $213.0m | $231.0m | $209.0m | |
| Interest Income Non Operating | — | — | — | — | — | — | $152.0m | $213.0m | $231.0m | $209.0m | |
| Minority Interests | — | — | — | — | — | — | ($134.0m) | ($142.0m) | ($172.0m) | ($160.0m) | |
| Net Income From Continuing And Discontinued Operation | — | $1.2b | $4.3b | $2.2b | $2.5b | $3.8b | $4.1b | $6.2b | $6.6b | $6.9b | |
| Net Income From Continuing Operation Net Minority Interest | — | $1.2b | $4.3b | $2.2b | $2.5b | $3.8b | $4.1b | $6.2b | $6.6b | $6.9b | |
| Net Interest Income | — | — | — | — | — | — | ($63.0m) | ($200.0m) | ($256.0m) | ($255.0m) | |
| Normalized EBITDA | — | — | — | — | — | — | $11.0b | $12.3b | $12.9b | $13.6b | |
| Normalized Income | — | — | — | — | — | — | $4.9b | $6.2b | $6.6b | $7.2b | |
| Other Gand A | — | $696.0m | $872.0m | $1.9b | $1.9b | $1.8b | $1.8b | $2.0b | $2.0b | $2.1b | |
| Other Special Charges | — | — | — | — | — | — | $888.0m | ($10.0m) | ($45.0m) | ($2.0m) | |
| Reconciled Depreciation | $1.1b | $1.2b | $1.8b | $4.7b | $4.6b | $4.6b | $4.2b | $3.8b | $3.8b | $3.8b | |
| Restructuring And Mergern Acquisition | — | — | — | — | — | — | $152.0m | $27.0m | $221.0m | $488.0m | |
| Salaries And Wages | — | — | — | — | — | ($192.0m) | ($237.0m) | ($164.0m) | — | — | |
| Selling General And Administration | $1.1b | $1.2b | $1.6b | $3.5b | $3.2b | $3.2b | $3.1b | $3.3b | $3.3b | $3.4b | |
| Special Income Charges | — | — | — | — | — | — | ($1.0b) | $4.0m | ($56.0m) | ($417.0m) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | ($276.0m) | ($9.8m) | ($15.7m) | ($96.1m) | |
| Tax Provision | $551.0m | $1.0b | $817.0m | $769.0m | $847.0m | $1.3b | $1.4b | $1.8b | $2.0b | $2.0b | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $1.2b | $4.3b | $2.2b | $2.5b | $3.8b | $4.1b | $6.2b | $6.6b | $6.9b | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $1.3b | $4.3b | $2.3b | $2.6b | $4.0b | $4.3b | $6.3b | $6.7b | $7.1b | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $0 | $117.0m | $109.0m | $4.0m | $5.0m | $0 | $0 | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | $0 | $108.0m | $102.0m | $4.0m | $5.0m | $0 | $0 | — | — | |
| Total Unusual Items | — | — | — | — | — | — | ($1.1b) | ($43.0m) | ($67.0m) | ($430.0m) | |
| Total Unusual Items Excluding Goodwill | — | — | — | — | — | — | ($1.1b) | ($43.0m) | ($67.0m) | ($430.0m) | |
| Income Before Income Taxes and Equity Investments | $2.0b | $2.3b | $5.0b | $2.9b | $3.4b | $5.1b | $5.5b | $8.0b | $8.6b | $8.9b | |
| Pre-Tax Income | $2.0b | $2.3b | $5.0b | $2.9b | $3.4b | $5.1b | $5.5b | $8.0b | $8.6b | $8.9b | |
| Net Income – Linde plc | $1.5b | $1.2b | $4.4b | $2.3b | $2.5b | $3.8b | $4.1b | $6.2b | $6.6b | $6.9b | |
| Net Income Continuous Operations | — | $1.3b | $4.3b | $2.3b | $2.6b | $4.0b | $4.3b | $6.3b | $6.7b | $7.1b | |
| Net Income Discontinuous Operations | — | — | — | — | — | $5.0m | $0 | $0 | — | — | |
| Net Income (Loss) Attributable to Parent | $1.5b | $1.2b | $4.4b | $2.3b | $2.5b | $3.8b | $4.1b | $6.2b | $6.6b | $6.9b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $172.0m | $160.0m | |
| Net Income (Including Noncontrolling Interests) | $1.5b | $1.3b | $4.4b | $2.4b | $2.6b | $4.0b | $4.3b | $6.3b | $6.7b | $7.1b | |
| Earnings Per Share, Basic | $5.25 | $4.36 | $13.26 | $4.22 | $4.75 | $7.40 | $8.30 | $12.70 | $13.71 | $14.69 | |
| Earnings Per Share, Diluted | $5.21 | $4.32 | $13.11 | $4.19 | $4.71 | $7.33 | $8.23 | $12.59 | $13.62 | $14.61 | |
| Common Stock, Dividends, Per Share, Declared | $5.25 | $3.15 | $3.30 | $3.50 | $3.85 | $4.24 | $4.68 | $5.10 | $5.56 | $6.00 | |
| Weighted Average Number of Shares Outstanding, Basic | 285.7m | 286.3m | 330.4m | 541.1m | 526.7m | 516.9m | 499.7m | 488.2m | 478.8m | 469.5m | |
| Basic shares outstanding (in shares) | 285.7m | 286.3m | 330.4m | 541.1m | 526.7m | 516.9m | 499.7m | 488.2m | 478.8m | 469.5m | |
| Diluted shares outstanding (in shares) | 287.8m | 289.1m | 334.1m | 545.2m | 531.2m | 521.9m | 504.0m | 492.3m | 482.1m | 472.2m | |
| Basic Average Shares | 285.7m | 286.3m | 330.4m | 541.1m | 526.7m | 516.9m | $499.7m | $488.2m | $478.8m | $469.5m | |
| Diluted Average Shares | — | — | — | — | — | — | $504.0m | $492.3m | $482.1m | $472.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 287.8m | 289.1m | 334.1m | 545.2m | 531.2m | 521.9m | 504.0m | 492.3m | 482.1m | 472.2m | |
| Research and Development Expense | $92.0m | $93.0m | $113.0m | $184.0m | $152.0m | $143.0m | $143.0m | $146.0m | $150.0m | $147.0m | |
| Selling, General and Administrative Expense | $1.1b | $1.2b | $1.6b | $3.5b | $3.2b | $3.2b | $3.1b | $3.3b | $3.3b | $3.4b | |
| General and Administrative Expense | — | $696.0m | $872.0m | $1.9b | $1.9b | $1.8b | $1.8b | $2.0b | $2.0b | $2.1b | |
| Operating Lease, Expense | — | — | — | — | — | $317.0m | $284.0m | $284.0m | $303.0m | $311.0m | |
| Selling Expense | — | $511.0m | $757.0m | $1.6b | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $1.4b | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | — | — | — | $0 | — | — | |
| Cost reduction program and other charges | — | — | — | — | $506.0m | $273.0m | $1.0b | $40.0m | $145.0m | $273.0m | |
| Other income (expense) - net | $23.0m | $4.0m | $18.0m | $68.0m | ($61.0m) | ($26.0m) | ($62.0m) | ($41.0m) | $185.0m | ($58.0m) | |
| Net pension and OPEB cost (benefit), excluding service cost | $9.0m | ($4.0m) | ($4.0m) | ($32.0m) | ($177.0m) | ($192.0m) | ($237.0m) | ($164.0m) | ($190.0m) | ($229.0m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | $215.0m | $413.0m | $256.0m | $255.0m | |
| Interest Expense, Debt | — | $189.0m | $196.0m | $284.0m | $277.0m | $227.0m | $277.0m | $480.0m | $555.0m | $575.0m | |
| Interest expense - net | — | — | — | — | — | — | $63.0m | $200.0m | $256.0m | $255.0m | |
| Current Income Tax Expense (Benefit) | — | $1.0b | $1.0b | $1.1b | $1.2b | $1.5b | $1.8b | $1.9b | $2.1b | $2.5b | |
| Interest Expense | — | — | — | — | — | — | $215.0m | $413.0m | $487.0m | $464.0m | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | — | ($63.0m) | ($200.0m) | ($256.0m) | ($255.0m) | |
| Operating Expense | — | — | — | — | — | — | $7.5b | $7.3b | $7.3b | $7.3b | |
| Other Income Expense | — | — | — | — | — | — | ($854.0m) | $83.0m | $230.0m | ($102.0m) | |
| Other Non Operating Income Expenses | — | — | — | — | — | — | $213.0m | $126.0m | $297.0m | $328.0m | |
| Selling And Marketing Expense | — | $511.0m | $757.0m | $1.6b | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $1.4b | |
| Interest Income (Expense), Net | — | — | — | — | — | — | ($63.0m) | ($200.0m) | ($256.0m) | ($255.0m) | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | $9.0m | ($4.0m) | ($4.0m) | ($32.0m) | ($177.0m) | ($192.0m) | ($237.0m) | ($164.0m) | ($190.0m) | ($229.0m) | |
| Other Operating Income (Expense), Net | $23.0m | $4.0m | $18.0m | $68.0m | ($61.0m) | ($26.0m) | ($62.0m) | ($41.0m) | $185.0m | ($58.0m) | |
| Income Tax Expense (Benefit) | $551.0m | $1.0b | $817.0m | $769.0m | $847.0m | $1.3b | $1.4b | $1.8b | $2.0b | $2.0b | |
| Total Expenses | — | — | — | — | — | — | $26.9b | $24.7b | $24.4b | $24.7b | |
| Total Other Finance Cost | — | — | — | — | — | ($53.0m) | ($35.0m) | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.