LIN · 10-Q · 2026Q3 · Full report

Geographic Market Commentary

LINDE PLC · 2026-10-29 · Importance 44 · Surprise 40

Americas sales increased 11% in the third quarter and 10% year to date; pricing contributed 6% to quarterly growth, and volumes contributed 3% in both periods. EMEA sales increased 7% in both periods, with quarterly volume growth of 1% but a 1% year-to-date volume decline. APAC sales increased 12% in both periods, with volumes contributing 5% and pricing contributing 3% in the quarter. The segment descriptions cover operations across approximately 20 countries in the Americas, 50 in EMEA, and 15 Asian and South Pacific countries and regions in APAC.

Key facts

• LINDE PLC other comprehensive income was $310 million for Q3 2026 and $617 million for the nine months ended September 30, 2026, primarily related to currency translation adjustments of $298 million and $599 million, respectively. source
• Currency translation increased LINDE PLC sales by 1% in Q3 and 2% in the nine months ended September 30, 2026, primarily driven by the strengthening of the Euro, Mexican peso, Chinese yuan, and Brazilian real against the U.S. dollar. source
• LINDE PLC Americas segment currency translation increased sales by 1% in Q3 and 2% year-to-date, primarily due to strengthening of the Mexican peso and Brazilian real against the U.S. dollar. source
• LINDE PLC EMEA currency translation was flat in Q3 2026 and increased sales by 4% year-to-date, largely due to strengthening of the Euro against the U.S. dollar. source
• LINDE PLC APAC currency translation increased sales by 3% in both Q3 and year-to-date 2026, primarily due to strengthening of the Chinese yuan and Australian dollar against the U.S. dollar. source
• LINDE PLC Engineering currency translation was flat in Q3 2026 and increased sales by 3% year-to-date, primarily due to strengthening of the Euro against the U.S. dollar. source
• At September 30, 2026, LINDE PLC noncontrolling interests consisted primarily of noncontrolling shareholders' investments in APAC, primarily China. source
• LINDE PLC Americas operations span approximately 20 countries, including the United States, Canada, Mexico and Brazil. source