LINDE PLC (LIN) FY2024 Annual P&L / Income Statement
2024-01-01 to 2024-12-31
Revenue by Business Segment
2024-01-01 to 2024-12-31
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LINDE PLC (LIN) FY2024 Annual P&L / Income Statement
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.

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Gross margin
48.1%
Gross profit / revenue
Operating margin
26.2%
Operating profit / revenue
Cash conversion
143.5%
Operating cash / net income, same period
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