# LINDE PLC (LIN) FY2024 Annual P&L / Income Statement - Company: LINDE PLC (LIN) - Period: 2024-01-01 to 2024-12-31 - Filing: FY2024 10-K, filed 2025-02-26, accession number 0001628280-25-007990 - Page: https://plicit.ai/financials/lin/fy2024-annual-income-statement - Chart image: https://plicit.ai/charts/lin-fy2024-annual-income-statement-sankey.png ## Chart details: Revenue by Business Segment by Sales Channel Income statement for 2024-01-01 through 2024-12-31. View: Segments by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Sales**: 33,005,000,000 US dollars - **Cost of revenue (calculated)**: 17,143,000,000 US dollars - **Gross profit (calculated)**: 15,862,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 7,227,000,000 US dollars - **Operating Profit**: 8,635,000,000 US dollars - **Other income (expense), net (calculated)**: negative 66,000,000 US dollars - **Income Before Income Taxes and Equity Investments**: 8,569,000,000 US dollars - **Income taxes**: 2,002,000,000 US dollars - **Net Income – Linde plc**: 6,565,000,000 US dollars - **APAC Segment - Merchant**: 2,233,000,000 US dollars - **APAC Segment - On-Site**: 2,695,000,000 US dollars - **APAC Segment - Other**: 328,000,000 US dollars - **APAC Segment - Packaged Gas**: 1,376,000,000 US dollars - **Americas - Merchant**: 4,572,000,000 US dollars - **Americas - On-Site**: 3,239,000,000 US dollars - **Americas - Other**: 217,000,000 US dollars - **Americas - Packaged Gas**: 6,414,000,000 US dollars - **EMEA Segment - Merchant**: 2,765,000,000 US dollars - **EMEA Segment - On-Site**: 1,722,000,000 US dollars - **EMEA Segment - Other**: 60,000,000 US dollars - **EMEA Segment - Packaged Gas**: 3,805,000,000 US dollars - **Engineering - Merchant**: 0 US dollars - **Engineering - On-Site**: 0 US dollars - **Engineering - Other**: 2,322,000,000 US dollars - **Engineering - Packaged Gas**: 0 US dollars - **Other - Merchant**: 208,000,000 US dollars - **Other - On-Site**: 0 US dollars - **Other - Other**: 1,021,000,000 US dollars - **Other - Packaged Gas**: 28,000,000 US dollars - **Cost of sales, exclusive of depreciation and amortization**: 17,143,000,000 US dollars - **Selling, general and administrative**: 3,337,000,000 US dollars - **Depreciation and amortization**: 3,780,000,000 US dollars - **Research and development**: 150,000,000 US dollars - **Cost reduction program and other charges**: 145,000,000 US dollars - **Other income (expense) - net**: negative 185,000,000 US dollars - **Less: noncontrolling interests**: negative 172,000,000 US dollars. Reported below-tax contribution to net income. - **Income from equity investments**: 170,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/lin/fy2024-annual-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/lin-fy2024-annual-revenue-by-geography-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Sales**: 33,005,000,000 US dollars - **Cost of revenue (calculated)**: 17,143,000,000 US dollars - **Gross profit (calculated)**: 15,862,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 7,227,000,000 US dollars - **Operating Profit**: 8,635,000,000 US dollars - **Other income (expense), net (calculated)**: negative 66,000,000 US dollars - **Income Before Income Taxes and Equity Investments**: 8,569,000,000 US dollars - **Income taxes**: 2,002,000,000 US dollars - **Net Income – Linde plc**: 6,565,000,000 US dollars - **UNITED STATES**: 11,497,000,000 US dollars - **CHINA**: 2,649,000,000 US dollars - **GERMANY**: 2,509,000,000 US dollars - **UNITED KINGDOM**: 1,540,000,000 US dollars - **AUSTRALIA**: 1,354,000,000 US dollars - **MEXICO**: 1,346,000,000 US dollars - **BRAZIL**: 1,263,000,000 US dollars - **Other – non-U.S.**: 10,847,000,000 US dollars - **Cost of sales, exclusive of depreciation and amortization**: 17,143,000,000 US dollars - **Selling, general and administrative**: 3,337,000,000 US dollars - **Depreciation and amortization**: 3,780,000,000 US dollars - **Research and development**: 150,000,000 US dollars - **Cost reduction program and other charges**: 145,000,000 US dollars - **Other income (expense) - net**: negative 185,000,000 US dollars - **Less: noncontrolling interests**: negative 172,000,000 US dollars. Reported below-tax contribution to net income. - **Income from equity investments**: 170,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/lin/fy2024-annual-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/lin-fy2024-annual-revenue-by-business-segment-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Sales**: 33,005,000,000 US dollars - **Cost of revenue (calculated)**: 17,143,000,000 US dollars - **Gross profit (calculated)**: 15,862,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 7,227,000,000 US dollars - **Operating Profit**: 8,635,000,000 US dollars - **Other income (expense), net (calculated)**: negative 66,000,000 US dollars - **Income Before Income Taxes and Equity Investments**: 8,569,000,000 US dollars - **Income taxes**: 2,002,000,000 US dollars - **Net Income – Linde plc**: 6,565,000,000 US dollars - **Americas**: 14,442,000,000 US dollars - **EMEA Segment**: 8,352,000,000 US dollars - **APAC Segment**: 6,632,000,000 US dollars - **Engineering**: 2,322,000,000 US dollars - **Other**: 1,257,000,000 US dollars - **Cost of sales, exclusive of depreciation and amortization**: 17,143,000,000 US dollars - **Selling, general and administrative**: 3,337,000,000 US dollars - **Depreciation and amortization**: 3,780,000,000 US dollars - **Research and development**: 150,000,000 US dollars - **Cost reduction program and other charges**: 145,000,000 US dollars - **Other income (expense) - net**: negative 185,000,000 US dollars - **Less: noncontrolling interests**: negative 172,000,000 US dollars. Reported below-tax contribution to net income. - **Income from equity investments**: 170,000,000 US dollars. Reported below-tax contribution to net income. - **Americas costs (calculated)**: 9,892,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **EMEA Segment costs (calculated)**: 5,572,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **APAC Segment costs (calculated)**: 4,714,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Engineering costs (calculated)**: 1,912,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Other costs (calculated)**: 1,195,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 1,085,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. ## Chart details: Revenue by Sales Channel - Page: https://plicit.ai/financials/lin/fy2024-annual-income-statement/revenue-by-sales-channel - Chart image: https://plicit.ai/charts/lin-fy2024-annual-revenue-by-sales-channel-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Sales**: 33,005,000,000 US dollars - **Cost of revenue (calculated)**: 17,143,000,000 US dollars - **Gross profit (calculated)**: 15,862,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 7,227,000,000 US dollars - **Operating Profit**: 8,635,000,000 US dollars - **Other income (expense), net (calculated)**: negative 66,000,000 US dollars - **Income Before Income Taxes and Equity Investments**: 8,569,000,000 US dollars - **Income taxes**: 2,002,000,000 US dollars - **Net Income – Linde plc**: 6,565,000,000 US dollars - **Merchant**: 9,778,000,000 US dollars - **On-Site**: 7,656,000,000 US dollars - **Packaged Gas**: 11,623,000,000 US dollars - **Other**: 3,948,000,000 US dollars - **Cost of sales, exclusive of depreciation and amortization**: 17,143,000,000 US dollars - **Selling, general and administrative**: 3,337,000,000 US dollars - **Depreciation and amortization**: 3,780,000,000 US dollars - **Research and development**: 150,000,000 US dollars - **Cost reduction program and other charges**: 145,000,000 US dollars - **Other income (expense) - net**: negative 185,000,000 US dollars - **Less: noncontrolling interests**: negative 172,000,000 US dollars. Reported below-tax contribution to net income. - **Income from equity investments**: 170,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.