Linde Earnings Reports

Linde delivered a strong Q3 2025 performance with record earnings per share, steady revenue growth, and a solid $10B project backlog. Despite volume pressures in some segments, margin expansion and operational efficiency contributed to profitability.

Linde delivered a robust Q2 2025 performance with increased revenue and net income. Operating margin remained high at 30.1%, and operating cash flow reached $2.2 billion, supported by pricing power and productivity gains.

Linde delivered solid first-quarter results with flat revenue but notable margin expansion and increased earnings, driven by pricing and productivity improvements.

Linde's Q4 2024 performance was solid, with stable sales of $8.3 billion and a 9% increase in adjusted operating profit. EPS grew 14% to $3.60, with adjusted EPS up 11% to $3.97. Free cash flow reached $1.56 billion, and operating profit margin expanded by 250 basis points to 29.9%.

Linde reported a 1% increase in sales to $8.3 billion and an 8% increase in EPS to $3.44. Adjusted EPS was $3.85, up 8% year-over-year. The adjusted operating profit margin reached 29.3%, a 140 basis point increase. The company reaffirmed its full-year adjusted EPS guidance of $15.40 - $15.60, representing 9% to 11% growth year-over-year excluding FX.

Linde reported a slight decrease in sales but an increase in operating profit and adjusted EPS. The company's underlying sales increased by 1%, driven by price attainment, and adjusted operating profit margin improved by 200 basis points.

Linde reported a 5% increase in sales and a 14% increase in adjusted operating profit for the fourth quarter of 2023. The company's adjusted EPS grew by 14%, driven by higher price and productivity initiatives.

Linde reported third-quarter 2023 net income of $1,565 million and diluted earnings per share of $3.19, up 23% and 26% respectively. Sales for the third quarter were $8,155 million, 7% below prior year but underlying sales increased 3%.

Linde reported a decrease in sales by 3% year-over-year, but underlying sales increased by 6%. The adjusted EPS was up 15% YoY. The company increased its full-year 2023 adjusted EPS guidance to $13.80 - $14.00, representing 12% to 14% growth year-over-year.