LINDE PLC (LIN) FY2025 Annual P&L / Income Statement

Revenue by Business Segment by Sales Channel

2025-01-01 to 2025-12-31

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LINDE PLC (LIN) FY2025 Annual P&L / Income StatementIncome statement for 2025-01-01 through 2025-12-31. View: Segments by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETAmericas - Packaged GasAmericas - MerchantEMEA Segment - Packaged GasAmericas - On-SiteEMEA Segment - MerchantAPAC Segment - On-SiteEngineering - OtherAPAC Segment - MerchantEMEA Segment - On-SiteAPAC Segment - Packaged GasAPAC Segment - OtherAmericas - OtherEMEA Segment - OtherOther - OtherOther - MerchantOther - Packaged GasSalesGross profit (calculated)Cost of revenue (calculated)Cost of sales, exclusive of depreciation and amortizationOperating ProfitOperating costs, including other operating expenses (calculated)Depreciation and amortizationSelling, general and administrativeResearch and developmentCost reduction program and other chargesOther income (expense) - netIncome Before Income Taxes and Equity InvestmentsOther income (expense), net (calculated)Net Income – Linde plcIncome taxesAdd: Noncontrolling interestsIncome from equity investmentsIncome from equity investmentsIncome from equityinvestments$150.00 MIncome Before Income Taxes and Equity InvestmentsIncome BeforeIncome Taxes andEquity Investments$8.90 BGross profit (calculated)Gross profit(calculated)$16.60 BSalesSales$33.99 BOperating ProfitOperating Profit$8.92 BAmericas - Packaged GasAmericas - Packaged Gas$6.46 BNet Income – Linde plcNet Income – Linde plc$6.90 BAmericas - MerchantAmericas - Merchant$4.89 BOperating costs, including other operating expenses (calculated)Operating costs(calculated)$7.67 BIncome taxesIncome taxes$1.99 BEMEA Segment - Packaged GasEMEA - Packaged Gas$3.97 BDepreciation and amortizationDepreciation and amortization$3.76 BCost of revenue (calculated)Cost of revenue(calculated)$17.39 BOther income (expense), net (calculated)Other income,net (calculated)−$26.00 MAmericas - On-SiteAmericas - On-Site$3.61 BSelling, general and administrativeSelling, general and administrative$3.43 BAdd: Noncontrolling interestsAdd: Noncontrollinginterests−$160.00 MEMEA Segment - MerchantEMEA - Merchant$2.86 BResearch and developmentResearch and development$147.00 MAPAC Segment - On-SiteAPAC - On-Site$2.79 BCost reduction program and other chargesCost reduction programand other charges$273.00 MCost of sales, exclusive of depreciation and amortizationCost of sales$17.39 BEngineering - OtherEngineering - Other$2.25 BOther income (expense) - netOther income (expense) - net$58.00 MAPAC Segment - MerchantAPAC - Merchant$2.21 BEMEA Segment - On-SiteEMEA - On-Site$1.69 BAPAC Segment - Packaged GasAPAC - Packaged Gas$1.40 BAPAC Segment - OtherAPAC - Other$261.00 MAmericas - OtherAmericas - Other$247.00 MEMEA Segment - OtherEMEA - Other$34.00 MOther - OtherOther - Other$1.10 BOther - MerchantOther - Merchant$194.00 MOther - Packaged GasOther - Packaged Gas$25.00 M
Chart details

LINDE PLC (LIN) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Segments by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Sales
33,986,000,000 US dollars
Cost of revenue (calculated)
17,389,000,000 US dollars
Gross profit (calculated)
16,597,000,000 US dollars
Operating costs, including other operating expenses (calculated)
7,674,000,000 US dollars
Operating Profit
8,923,000,000 US dollars
Other income (expense), net (calculated)
negative 26,000,000 US dollars
Income Before Income Taxes and Equity Investments
8,897,000,000 US dollars
Income taxes
1,989,000,000 US dollars
Net Income – Linde plc
6,898,000,000 US dollars
APAC Segment - Merchant
2,213,000,000 US dollars
APAC Segment - On-Site
2,789,000,000 US dollars
APAC Segment - Other
261,000,000 US dollars
APAC Segment - Packaged Gas
1,398,000,000 US dollars
Americas - Merchant
4,892,000,000 US dollars
Americas - On-Site
3,609,000,000 US dollars
Americas - Other
247,000,000 US dollars
Americas - Packaged Gas
6,460,000,000 US dollars
EMEA Segment - Merchant
2,860,000,000 US dollars
EMEA Segment - On-Site
1,685,000,000 US dollars
EMEA Segment - Other
34,000,000 US dollars
EMEA Segment - Packaged Gas
3,970,000,000 US dollars
Engineering - Merchant
0 US dollars
Engineering - On-Site
0 US dollars
Engineering - Other
2,250,000,000 US dollars
Engineering - Packaged Gas
0 US dollars
Other - Merchant
194,000,000 US dollars
Other - On-Site
0 US dollars
Other - Other
1,099,000,000 US dollars
Other - Packaged Gas
25,000,000 US dollars
Cost of sales, exclusive of depreciation and amortization
17,389,000,000 US dollars
Selling, general and administrative
3,433,000,000 US dollars
Depreciation and amortization
3,763,000,000 US dollars
Research and development
147,000,000 US dollars
Cost reduction program and other charges
273,000,000 US dollars
Other income (expense) - net
58,000,000 US dollars
Add: Noncontrolling interests
negative 160,000,000 US dollars. Reported below-tax contribution to net income.
Income from equity investments
150,000,000 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.
LINDE PLC (LIN) FY2025 Annual P&L / Income Statement Sankey chart, Segments by Contract with Customer, Sales Channel view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

48.8%

Gross profit / revenue

Operating margin

26.3%

Operating profit / revenue

Cash conversion

150.0%

Operating cash / net income, same period

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