LINDE PLC (LIN) FY2024 Annual P&L / Income Statement

LINDE PLC (LIN) FY2024 Annual P&L / Income Statement

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.