LIN · 10-Q · 2026Q2 · Full report
Income Tax Rate Changes
LINDE PLC · 2026-07-31 · Importance 18 · Surprise 14
The reported effective tax rate decreased to 24.0% in the second quarter of 2026 from 24.4% in the second quarter of 2025. For the six months ended June 30, 2026, the reported rate declined to 23.7% from 24.0%, reducing the tax rate by 30 basis points. The adjusted second-quarter rate declined to 23.9% from 24.3%, while the adjusted six-month rate declined to 23.7% from 23.9%. Six-month income tax expense increased to $1,181 million from $1,084 million as pre-tax income increased despite the lower rate.