Linde Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 18, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	171,839	147,933	159,237	156,348	133,343	130,222
Market Cap Growth	-0.42%	-7.10%	1.85%	17.25%	2.40%	28.91%
Enterprise Value	189,204	164,937	174,018	168,477	144,043	140,148
Last Close Price	363.95	315.97	327.74	313.13	260.62	242.28
PE Ratio	33.53	28.86	30.37	32.13	38.74	46.09
PS Ratio	6.81	5.86	6.04	6.06	4.82	5.73
PB Ratio	5.82	5.01	5.05	4.85	3.88	3.88
P/TBV Ratio	-	-	241.64	349.39	89.71	55.19
P/FCF Ratio	45.45	39.12	40.47	36.09	28.23	26.56
P/OCF Ratio	22.35	19.24	21.16	21.40	18.13	18.13
EV/Sales Ratio	7.51	6.53	6.60	6.53	5.20	6.16
EV/EBITDA Ratio	19.09	16.79	17.20	17.76	15.98	18.72
EV/EBIT Ratio	26.56	23.47	24.51	25.95	26.08	34.50
EV/FCF Ratio	50.04	43.62	44.23	38.89	30.50	28.58
Debt / Equity Ratio	0.68	0.68	0.57	0.49	0.45	0.34
Debt / EBITDA Ratio	2.04	2.04	1.74	1.64	1.69	1.46
Debt / FCF Ratio	5.30	5.30	4.59	3.68	3.30	2.29
Net Debt / Equity Ratio	0.55	0.55	0.45	0.38	0.32	0.27
Net Debt / EBITDA Ratio	1.66	1.66	1.40	1.30	1.23	1.22
Net Debt / FCF Ratio	4.31	4.31	3.61	2.84	2.35	1.87
Asset Turnover	0.41	0.41	0.41	0.41	0.41	0.36
Inventory Turnover	8.69	8.69	8.44	8.55	10.48	10.14
Quick Ratio	0.68	0.68	0.68	0.62	0.63	0.56
Current Ratio	0.88	0.88	0.89	0.80	0.79	0.75
Return on Equity (ROE)	17.82%	17.82%	16.72%	15.38%	9.86%	8.33%
Return on Assets (ROA)	7.08%	7.08%	6.90%	6.44%	5.16%	4.05%
Return on Invested Capital (ROIC)	11.98%	12.41%	12.02%	11.53%	8.86%	6.90%
Return on Capital Employed (ROCE)	13.20%	13.20%	13.50%	12.70%	10.50%	8.10%
Earnings Yield	2.98%	3.46%	3.29%	3.11%	2.58%	2.17%
FCF Yield	2.20%	2.56%	2.47%	2.77%	3.54%	3.77%
Dividend Yield	1.09%	1.41%	1.35%	1.28%	1.49%	1.29%
Payout Ratio	40.75%	40.75%	40.44%	40.04%	56.52%	57.21%
Buyback Yield / Dilution	2.05%	2.05%	2.07%	2.33%	3.42%	1.75%
Total Shareholder Return	3.14%	3.46%	3.43%	3.61%	4.91%	3.04%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.