Linde PLC (LIN)
Linde PLC brought in $36.2B of revenue over the twelve months to September 30, 2026, up 8.2% from a year earlier. Net income was $7B, a net margin of 19.3%. Operating cash flow minus capital spending left $5.1B of free cash flow in fiscal 2025. At September 30, 2026 it held $3.9B in cash against $22.1B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 29, 2026.
Key facts about Linde PLC
- Net worth
- Linde PLC has a market value (market cap) of $240.2B at the latest share price, and shareholders' equity of $39.4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $34B (+3.0% year on year), with net income of $6.9B. Over the 12 months to September 30, 2026: revenue $36.2B, net income $7B.
- Cash flow
- In fiscal 2025 operations brought in $10.4B of cash; after $5.3B of capital spending, free cash flow was $5.1B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 29, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Linde PLC's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Linde PLC declared dividends of $6.00 per share in fiscal 2025, a yield of 1.15% at the current price.
What Linde PLC does
Linde produces and supplies industrial gases, including oxygen, nitrogen, argon, hydrogen, and helium. It also designs and builds gas processing equipment. Its customers include healthcare facilities, metal fabricators, chemical manufacturers, and electronics producers. Its shares trade on NASDAQ under the ticker LIN.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $34B | $6.9B | $14.61 | $5.1B |
| 2024 | $33B | $6.6B | $13.62 | $4.9B |
| 2023 | $32.9B | $6.2B | $12.59 | $5.5B |
| 2022 | $33.4B | $4.1B | $8.23 | $5.7B |
| 2021 | $30.8B | $3.8B | $7.33 | $6.6B |
| 2020 | $27.2B | $2.5B | $4.71 | $4B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where LIN ranks in Basic materials
Dividends
Linde PLC declared $6.00 per share in fiscal 2025. At the current price that is a yield of 1.15%. It paid out $2.8B in cash dividends, 41% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $6.00 | $2.8B | 41% |
| 2024 | $5.56 | $2.7B | 40% |
| 2023 | $5.10 | $2.5B | 40% |
| 2022 | $4.68 | $2.3B | 57% |
| 2021 | $4.24 | $2.2B | 57% |
| 2020 | $3.85 | $2B | 81% |
Latest SEC filings
What Linde PLC has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 9.2% to $9.4B versus the same quarter last year; diluted EPS $3.66 versus $4.09.
- October 29, 2026
- July 31, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 9.3% to $9.3B versus the same quarter last year; diluted EPS $4.15 versus $3.73.
- July 31, 2026
- July 30, 2026
- June 25, 2026Form PX14A6G filing PX14A6G
- June 16, 2026
- June 16, 2026
- May 28, 2026
- May 13, 2026Other event 8-K
What is LIN worth? A DCF from its reported cash flow
Insider trades
What the people running Linde PLC did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $47.9K and sold $50.1M worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 4, 2026 | White Matthew JChief Financial Officer | Exercised options | 72,795 | $8.6M |
| November 4, 2026 | White Matthew JChief Financial Officer | Shares withheld for tax | 42,700 | $22.1M |
| November 4, 2026 | White Matthew JChief Financial Officer | Exercised options | 64,665 | $10M |
| November 4, 2026 | White Matthew JChief Financial Officer | Shares withheld for tax | 40,289 | $20.9M |
| November 4, 2026 | White Matthew JChief Financial Officer | Sold | 15,686 | $8.2M |
| November 4, 2026 | White Matthew JChief Financial Officer | Sold | 30,095 | $15.6M |
| November 4, 2026 | White Matthew JChief Financial Officer | Sold | 24,376 | $12.7M |
| November 4, 2026 | White Matthew JChief Financial Officer | Sold | 16,676 | $8.8M |
Who owns LIN
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.52% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 2,315 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 37,301,875 | +429,603 |
| Vanguard Capital Management LLC | 30,208,556 | -24,514 |
| State Street Corp | 20,344,181 | +719,052 |
| Capital Research Global Investors | 17,430,716 | +1,378,782 |
| Invesco Ltd. | 15,321,341 | +322,021 |
| Vanguard Portfolio Management LLC | 12,466,679 | +177,397 |
| Geode Capital Management, LLC | 11,943,013 | +110,773 |
| Fmr LLC | 8,316,540 | -680,788 |
| Morgan Stanley | 7,376,780 | +18,687 |
| Norges Bank | 6,640,227 | new |
| Jpmorgan Chase & Co | 6,541,968 | +286,500 |
| Massachusetts Financial Services Co | 4,922,872 | +165,186 |
| Freemont Capital Pte Ltd | 5,083,319 | 0 |
| Wellington Management Group Llp | 4,815,253 | -337,270 |
| Bank of New York Mellon Corp | 4,732,213 | -368,318 |
| Franklin Resources Inc | 4,636,455 | +199,129 |
| Capital International Investors | 4,433,510 | -1,008,137 |
| Northern Trust Corp | 4,400,214 | -71,505 |
| Charles Schwab Investment Management Inc | 4,079,179 | +213,908 |
| Nuveen, LLC | 4,013,421 | -63,941 |
Insiders
18 insiders reported holding 766,526 shares in total, about $399.5M at the last price.
| Holder | Shares |
|---|---|
| Angel Stephen FDirector | 460,239 |
| Lamba SanjivChairman & CEO, Director | 109,161 |
| White Matthew JChief Financial Officer | 83,095 |
| Bichara GuillermoExec VP & Chief Legal Officer | 22,138 |
| Hoyt Kelcey EPrincipal Accounting Officer | 22,050 |
| Glazer BenjaminSVP, Americas | 14,891 |
| Enders ThomasDirector | 11,014 |
| Wood Robert LDirector | 9,248 |
| Durbin SeanEVP, Chief Operating Officer | 8,151 |
| Patwari BinodSenior Vice President - APAC | 5,277 |
Questions about LIN
What does Linde PLC do?
Linde produces and supplies industrial gases, including oxygen, nitrogen, argon, hydrogen, and helium. It also designs and builds gas processing equipment. Its customers include healthcare facilities, metal fabricators, chemical manufacturers, and electronics producers. Its shares trade on NASDAQ under the ticker LIN.
What is Linde PLC's net worth?
Linde PLC has a market value (market cap) of $240.2B at the latest share price, and shareholders' equity of $39.4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Linde PLC profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $7B on revenue of $36.2B, a net margin of 19.3%.
How much revenue does Linde PLC make?
Over the twelve months to September 30, 2026 Linde PLC reported revenue of $36.2B. That is 8.2% more than a year earlier.
When did Linde PLC last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 29, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the planned insider sale from November 9, 2026.
When is Linde PLC's next earnings report?
Linde PLC's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Linde PLC pay a dividend?
Yes. Linde PLC declared dividends of $6.00 per share in fiscal 2025, a yield of 1.15% at the current price.
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Where the numbers come from
Financial figures are the values Linde PLC tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.