LINDE PLC

10-K & 10-Q Filings

Linde plc is a global industrial gas company headquartered in the United Kingdom and Ireland. The company is the largest in the industrial gas industry and specializes in producing and supplying atmospheric gases (oxygen, nitrogen, argon, and rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene). Linde's business strategy includes utilizing advanced air separation processes, such as vacuum pressure swing adsorption (VPSA) and membrane separation, to produce gases more efficiently and cost-effectively. The company also designs and builds equipment for gas production and processing, and offers customers a range of distribution methods, including on-site, merchant, and packaged gases. Linde's Engineering business focuses on market segments such as air separation, hydrogen, synthesis, olefin, and natural gas plants, and utilizes sustainable technologies to help customers avoid, capture, and utilize CO2 emissions. Linde's website is www.linde.com, and its ticker symbol is not provided in the text.

12 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$14900.00
28228.00
27243.00
30793.00
33301.00
32654.00
8156.00
8035.00
16.99%-1.48%Cost of Revenue (-)
$
16644.00
15383.00
17543.00
19450.00
17492.00
4431.00
4216.00
-4.85%Gross Profit (+)
$
11584.00
11860.00
13250.00
13851.00
15162.00
3725.00
3819.00
2.52%Selling, General & Administrative (-)
$1629.00
3457.00
3193.00
3189.00
3107.00
3295.00
822.00
860.00
15.13%4.62%Research & Development (-)
$113.00
184.00
152.00
143.00
143.00
146.00
36.00
38.00
5.26%5.56%Depreciation & Amortization (-)
$1830.00
4675.00
4626.00
4635.00
4204.00
3816.00
948.00
949.00
15.83%0.11%Non-recurring Operating Expenses (-)
$309.00
567.00
506.00
273.00
1029.00
40.00
18.00
-33.56%Operating Expenses (-)
$569.00
8651.00
8538.00
8266.00
8545.00
7338.00
1829.00
1789.00
66.76%-2.19%Costs & Expenses (Total) (-)
$9653.00
25295.00
23921.00
25809.00
27995.00
24830.00
6260.00
6005.00
20.80%-4.07%Operating Income/Loss (+)
$5247.00
2933.00
3322.00
4984.00
5369.00
8024.00
1933.00
2095.00
8.87%8.38%Non-operating Income/Expense (+)
$60.00
146.00
262.00
311.00
409.00
331.00
86.00
98.00
40.71%13.95%Earnings before Tax (+)
$5049.00
2927.00
3384.00
5099.00
5543.00
7988.00
1941.00
2080.00
9.61%7.16%Tax Expense (-)
$817.00
769.00
847.00
1262.00
1434.00
1814.00
430.00
463.00
17.30%7.67%Income/Loss (Continuing Operations) (+)
$4288.00
2272.00
2622.00
3956.00
4281.00
6341.00
-36.00
-38.00
8.14%-5.56%Income/Loss (Discontinued Operations) (+)
$216.00
204.00
4.00
5.00
Net Income/Loss (+)
$4381.00
2285.00
2501.00
3826.00
4147.00
6199.00
1516.00
1627.00
7.19%7.32%Net Income/Loss (Common) (+)
$4381.00
2285.00
2501.00
3826.00
4147.00
6199.00
1516.00
1627.00
7.19%7.32%EPS (Basic)
$13.26
4.22
4.75
7.40
8.30
12.70
3.08
3.38
-0.86%9.74%EPS (Diluted)
$13.11
4.19
4.71
7.33
8.23
12.59
3.06
3.35
-0.81%9.48%Weighted Avg Shares (Basic)
330.40
541.09
526.74
516.90
499.74
488.19
491.82
481.95
8.12%-2.01%Weighted Avg Shares (Diluted)
334.13
545.17
531.16
521.88
504.04
492.29
495.68
485.59
8.06%-2.03%Cash
$4466.00
2700.00
3754.00
2823.00
5436.00
4664.00
4962.00
4848.00
0.87%-2.30%Receivables
$4297.00
4322.00
4167.00
4499.00
4559.00
4718.00
4753.00
5009.00
1.89%5.39%Inventory
$1934.00
2065.00
1891.00
1867.00
2102.00
2311.00
2229.00
2317.00
3.63%3.95%Other Assets (Current)
$6575.00
1265.00
1112.00
970.00
950.00
927.00
960.00
928.00
-32.42%-3.33%Assets (Current)
$17272.00
10352.00
10924.00
10159.00
13047.00
12620.00
12904.00
13102.00
-6.08%1.53%Securities & Long-term Investments
$1838.00
2027.00
2061.00
2619.00
2350.00
2190.00
3.57%Property, Plant & Equipment (Net)
$29717.00
29064.00
28711.00
26003.00
23548.00
24552.00
23796.00
24418.00
-3.75%2.61%Goodwill & Intangibles
$43097.00
43156.00
44385.00
40840.00
38237.00
39150.00
39056.00
38290.00
-1.90%-1.96%Other Assets
$1462.00
2013.00
2148.00
1984.00
2476.00
2299.00
4552.00
4537.00
9.48%-0.33%Assets (Non-current)
$76114.00
76260.00
77305.00
71446.00
66611.00
68191.00
67404.00
67245.00
-2.17%-0.24%Assets (Total)
$93386.00
86612.00
88229.00
81605.00
79658.00
80811.00
80308.00
80347.00
-2.85%0.05%Accounts Payable
$3876.00
3636.00
3637.00
3932.00
3608.00
3684.00
2941.00
2885.00
-1.01%-1.90%Debt (Current)
$3008.00
3263.00
4002.00
2872.00
5716.00
5976.00
7033.00
5092.00
14.72%-27.60%Other Liabilities (Current)
$6072.00
5261.00
6101.00
6839.00
7155.00
6057.00
7811.00
6412.00
-0.05%-17.91%Liabilities (Current)
$12956.00
12160.00
13740.00
13643.00
16479.00
15717.00
17785.00
14389.00
3.94%-19.09%Debt (Non-current)
$12288.00
10693.00
12152.00
11335.00
12198.00
13397.00
11744.00
15227.00
1.74%29.66%Other Liabilities
$11046.00
12124.00
12755.00
11186.00
9594.00
10602.00
9443.00
10502.00
-0.82%11.21%Liabilities (Non-current)
$23334.00
22817.00
24907.00
22521.00
21792.00
23999.00
21187.00
25729.00
0.56%21.44%Liabilities (Total)
$36290.00
34977.00
38647.00
36164.00
38271.00
39716.00
38972.00
40118.00
1.82%2.94%Treasury Stock
$629.00
3156.00
5374.00
9808.00
14737.00
3133.00
171.00
3922.00
37.87%2193.57%Retained Earnings
$16529.00
16842.00
17178.00
18710.00
20541.00
8845.00
6092.00
9708.00
-11.75%59.36%AOCI
$-4456.00
-4814.00
-4690.00
-5048.00
-5782.00
-5805.00
-5810.00
-6528.00
-12.36%Shareholder's Equity
$57080.00
51522.00
49569.00
45428.00
41374.00
41082.00
41323.00
40216.00
-6.37%-2.68%Liabilities & Equity
$93386.00
86612.00
88229.00
81605.00
79658.00
80811.00
80308.00
80347.00
-2.85%0.05%Net Income/Loss
$4381.00
2285.00
2501.00
3826.00
4147.00
6199.00
1516.00
1627.00
7.19%7.32%Depreciation & Amortization
$1830.00
4675.00
4626.00
4635.00
4204.00
3816.00
948.00
949.00
15.83%0.11%Increase/Decrease in Working Capital
$-149.00
67.00
-98.00
-1223.00
147.00
788.00
555.00
597.00
7.57%Share-based Compensation
$62.00
95.00
133.00
128.00
107.00
30.00
Adjustments to Reconcile Net Income
$-727.00
3847.00
4928.00
5899.00
4717.00
3106.00
392.00
327.00
-16.58%Net Cash (Operating)
$3654.00
6119.00
7429.00
9725.00
8864.00
9305.00
1908.00
1954.00
20.56%2.41%Capital Expenditure
$545.00
3907.00
3468.00
3174.00
3283.00
4740.00
1637.00
1048.00
54.13%-35.98%Net Cash (Investing)
$5363.00
1189.00
-2986.00
-3007.00
-3088.00
-4670.00
-1634.00
-1041.00
36.29%Increase/Decrease in Debt
$-2908.00
-1260.00
1313.00
-514.00
4475.00
1060.00
717.00
1215.00
69.46%Increase/Decrease in Equity
$-522.00
-2586.00
-2410.00
-4562.00
-5132.00
-3925.00
-846.00
-1025.00
-21.16%Interest Expenses
$214.00
275.00
322.00
233.00
170.00
451.00
16.08%Dividends Paid
$1166.00
1891.00
2028.00
2189.00
2344.00
2482.00
623.00
669.00
16.31%7.38%Net Cash (Financing)
$-4998.00
-8997.00
-3345.00
-7588.00
-3089.00
-5400.00
-764.00
-668.00
12.57%Cash Taxes Paid
$757.00
1357.00
1066.00
1710.00
1735.00
1955.00
20.90%Effect of Exchange Rate
$-60.00
-77.00
-44.00
-61.00
-74.00
-7.00
16.00
-61.00
-481.25%Increase/Decrease in Cash
$3986.00
-1752.00
1054.00
-931.00
2613.00
-772.00
-474.00
184.00
138.82%Cash (Beginning)
$617.00
4466.00
2700.00
3754.00
2823.00
5436.00
5436.00
4664.00
54.53%-14.20%Cash (Ending)
$4466.00
2700.00
3754.00
2823.00
5436.00
4664.00
4962.00
4848.00
0.87%-2.30%NOPAT
$4460.31
1573.22
2275.53
3312.57
3688.46
6060.19
1504.77
1628.66
6.32%8.23%Gross Margin %
41.04%
43.53%
43.03%
41.59%
46.43%
45.67%
47.53%
Operating Margin %
35.21%
10.39%
12.19%
16.19%
16.12%
24.57%
23.70%
26.07%
NOPAT Margin %
29.93%
5.57%
8.35%
10.76%
11.08%
18.56%
18.45%
20.27%
Net Margin %
29.40%
8.09%
9.18%
12.42%
12.45%
18.98%
18.59%
20.25%
Tax Rate %
14.99%
46.36%
31.50%
33.54%
31.30%
24.47%
22.15%
22.26%
ROA
4.78%
1.82%
2.58%
4.06%
4.63%
7.50%
1.87%
2.03%
ROE
7.81%
3.05%
4.59%
7.29%
8.91%
14.75%
3.64%
4.05%
ROIC
6.06%
2.10%
3.03%
4.82%
5.71%
9.01%
2.36%
2.52%
Asset Turnover
0.16
0.33
0.31
0.38
0.42
0.40
0.10
0.10
Inventory Turnover
8.06
8.13
9.40
9.25
7.57
1.99
1.82
Equity Multiplier
1.64
1.68
1.78
1.80
1.93
1.97
1.94
2.00
Current Ratio
1.33
0.85
0.80
0.74
0.79
0.80
0.73
0.91
Quick Ratio
0.68
0.58
0.58
0.54
0.61
0.60
0.55
0.69
Debt/Equity Ratio
0.27
0.27
0.33
0.31
0.43
0.47
0.45
0.51
Interest Coverage Ratio
24.52
10.67
10.32
21.39
31.58
17.79
Working Capital/Sales
0.05
0.10
0.08
0.06
0.08
0.11
0.12
0.25
R&D/Sales
0.01
0.01
0.01
0.00
0.00
0.00
0.00
0.00
Dividend Payout Ratio %
26.14%
120.20%
89.12%
66.08%
63.55%
40.96%
41.40%
41.08%
Total Payout
$4810.00
6012.00
3447.00
7498.00
3171.00
5798.00
752.00
479.00
3.81%-36.30%Payout Ratio %
107.84%
382.15%
151.48%
226.35%
85.97%
95.67%
49.97%
29.41%