Linde

LIN · NASDAQ · USD

$479.48+2.14%+$10.03

Close · October 2, 2026

At a glance

Revenue growth: +2.97%; 2025 vs 2024
Net income growth: +5.07%; 2025 vs 2024
Net margin: 20.3%; 2024: 19.9%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	88,349	86,315	86,817	85,993	86,078	82,704	80,147	82,546	80,215	80,347	80,811	77,827
Current assets	14,176	12,751	13,325	13,331	13,627	13,597	12,945	13,460	12,843	13,102	12,620	11,737
Cash and equivalents	4,898	3,959	5,056	4,509	4,786	5,294	4,850	5,187	4,626	4,848	4,664	3,894
Receivables	6,064	5,642	5,464	5,559	5,490	5,243	5,062	5,126	5,227	5,226	5,092	4,843
Inventory	2,122	2,079	2,055	2,128	2,122	1,984	1,946	2,087	2,094	2,100	2,115	2,078
Net property, plant and equipment	29,170	28,564	29,339	27,535	26,928	25,710	25,764	25,124	24,575	24,418	25,490	23,624
Goodwill	27,927	27,882	27,927	27,828	27,812	26,507	25,937	27,108	26,365	26,289	26,751	25,955
Other intangible assets	11,564	11,673	11,871	11,931	12,082	11,561	11,330	12,113	11,851	12,001	12,399	12,092
Long-term investments	—	—	2,123	—	—	—	2,236	—	—	—	2,377	—
Current liabilities	16,127	15,391	15,198	16,192	14,714	14,485	14,544	14,049	13,504	14,389	15,717	14,162
Accounts payable	2,837	2,659	2,810	2,646	2,593	2,446	2,507	2,845	2,859	2,885	3,020	2,750
Long-term debt	20,678	19,859	20,683	18,592	19,701	17,608	15,343	17,475	16,931	15,227	13,397	13,232
Total debt	23,152	21,495	23,559	20,963	21,041	19,432	18,386	18,753	18,192	16,273	—	—
Total liabilities	47,719	46,223	47,076	45,907	46,092	43,241	40,659	41,943	40,664	40,118	39,716	37,589
Total equity (incl. minority)	40,630	40,092	39,741	40,086	39,986	39,463	39,488	40,603	39,551	40,229	41,095	40,238
Retained earnings	18,804	17,639	16,608	15,796	14,595	13,545	12,634	11,585	10,721	9,708	8,845	7,940
Minority interest	1,549	1,526	1,496	1,470	1,471	1,431	1,396	1,430	1,372	1,400	1,375	1,340