Linde Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	32,854	33,364	30,793	27,243	28,228	14,836	11,358	10,534
Revenue Growth (YoY)	-1.53%	8.35%	13.03%	-3.49%	90.27%	30.62%	7.82%	-
Cost of Revenue	17,492	19,450	17,543	15,383	16,644	9,020	6,382	5,855
Gross Profit	15,362	13,914	13,250	11,860	11,584	5,816	4,976	4,679
Selling, General & Admin	3,295	3,107	3,189	3,193	3,457	1,629	1,207	1,145
Research & Development	146	143	143	152	184	113	93	92
Other Operating Expenses	3,856	5,233	4,908	5,132	5,242	2,139	1,236	1,218
Operating Expenses	7,297	8,483	8,240	8,477	8,883	3,881	2,536	2,455
Operating Income	8,065	5,431	5,010	3,383	2,701	1,935	2,440	2,224
Interest Expense / Income	200	63	77	115	38	202	161	190
Other Expense / Income	-148	-213	-155	-80	-391	-3,465	6	-17
Pretax Income	8,013	5,581	5,088	3,348	3,054	5,198	2,273	2,051
Income Tax	1,814	1,434	1,262	847	769	817	1,026	551
Net Income	6,199	4,147	3,826	2,501	2,285	4,381	1,247	1,500
Net Income Growth	49.48%	8.39%	52.98%	9.45%	-47.84%	251.32%	-16.87%	-
Shares Outstanding (Basic)	488	500	517	527	541	330	286	286
Shares Outstanding (Diluted)	492	504	522	531	545	334	289	288
Shares Change	-2.33%	-3.42%	-1.75%	-2.57%	63.16%	15.57%	0.47%	-
EPS (Basic)	12.70	8.30	7.40	4.75	4.22	13.26	4.36	5.25
EPS (Diluted)	12.59	8.23	7.33	4.71	4.19	13.11	4.32	5.21
EPS Growth	52.98%	12.28%	55.63%	12.41%	-68.04%	203.47%	-17.08%	-
Free Cash Flow	5,518	5,691	6,639	4,029	2,437	1,771	1,730	1,324
Free Cash Flow Per Share	11.30	11.39	12.84	7.65	4.50	5.36	6.04	4.63
Dividend Per Share	3.825	4.680	4.240	3.852	3.500	0.825	-	-
Dividend Growth	-18.27%	10.38%	10.07%	10.06%	324.24%	-	-	-
Gross Margin	46.76%	41.70%	43.03%	43.53%	41.04%	39.20%	43.81%	44.42%
Operating Margin	24.55%	16.28%	16.27%	12.42%	9.57%	13.04%	21.48%	21.11%
Profit Margin	18.87%	12.43%	12.42%	9.18%	8.09%	29.53%	10.98%	14.24%
Free Cash Flow Margin	16.80%	17.06%	21.56%	14.79%	8.63%	11.94%	15.23%	12.57%
Effective Tax Rate	22.64%	25.69%	24.80%	25.30%	25.18%	15.72%	45.14%	26.86%
EBITDA	12,029	9,848	9,800	8,089	7,767	7,230	3,618	3,363
EBITDA Margin	36.61%	29.52%	31.83%	29.69%	27.52%	48.73%	31.85%	31.93%
Depreciation & Amortization	3,816	4,204	4,635	4,626	4,675	1,830	1,184	1,122
EBIT	8,213	5,644	5,165	3,463	3,092	5,400	2,434	2,241
EBIT Margin	25.00%	16.92%	16.77%	12.71%	10.95%	36.40%	21.43%	21.27%

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).