Linde plc (LIN)

Linde Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	32,761	32,854	33,364	30,793	27,243	28,228
Revenue Growth (YoY)	-1.75%	-1.53%	8.35%	13.03%	-3.49%	90.27%
Cost of Revenue	17,277	17,492	19,450	17,543	15,383	16,644
Gross Profit	15,484	15,362	13,914	13,250	11,860	11,584
Selling, General & Admin	3,333	3,295	3,107	3,189	3,193	3,457
Research & Development	148	146	143	143	152	184
Other Operating Expenses	3,839	3,856	5,233	4,908	5,132	5,242
Operating Expenses	7,320	7,297	8,483	8,240	8,477	8,883
Operating Income	8,164	8,065	5,431	5,010	3,383	2,701
Interest Expense / Income	228	200	63	77	115	38
Other Expense / Income	-221	-148	-213	-155	-80	-391
Pretax Income	8,157	8,013	5,581	5,088	3,348	3,054
Income Tax	1,847	1,814	1,434	1,262	847	769
Net Income	6,310	6,199	4,147	3,826	2,501	2,285
Net Income Growth	40.57%	49.48%	8.39%	52.98%	9.45%	-47.84%
Shares Outstanding (Basic)	482	488	500	517	527	541
Shares Outstanding (Diluted)	486	492	504	522	531	545
Shares Change	-2.03%	-2.33%	-3.42%	-1.75%	-2.57%	63.16%
EPS (Basic)	13.00	12.70	8.30	7.40	4.75	4.22
EPS (Diluted)	12.88	12.59	8.23	7.33	4.71	4.19
EPS Growth	43.27%	52.98%	12.28%	55.63%	12.41%	-68.04%
Free Cash Flow	5,345	5,518	5,691	6,639	4,029	2,437
Free Cash Flow Per Share	11.09	11.30	11.39	12.84	7.65	4.50
Dividend Per Share	2.550	3.825	4.680	4.240	3.852	3.500
Dividend Growth	-46.71%	-18.27%	10.38%	10.07%	10.06%	324.24%
Gross Margin	47.26%	46.76%	41.70%	43.03%	43.53%	41.04%
Operating Margin	24.92%	24.55%	16.28%	16.27%	12.42%	9.57%
Profit Margin	19.26%	18.87%	12.43%	12.42%	9.18%	8.09%
Free Cash Flow Margin	16.32%	16.80%	17.06%	21.56%	14.79%	8.63%
Effective Tax Rate	22.64%	22.64%	25.69%	24.80%	25.30%	25.18%
EBITDA	12,202	12,029	9,848	9,800	8,089	7,767
EBITDA Margin	37.25%	36.61%	29.52%	31.83%	29.69%	27.52%
Depreciation & Amortization	3,817	3,816	4,204	4,635	4,626	4,675
EBIT	8,385	8,213	5,644	5,165	3,463	3,092
EBIT Margin	25.59%	25.00%	16.92%	16.77%	12.71%	10.95%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).