LIN · 10-Q · 2026Q2

LINDE PLC

Filed 2026-07-31 · Industrials · View original filing on EDGAR

Ranked Events

• Capital Expenditure ProgramImportance 74 · Surprise 58
  Linde spent $2,780 million on capital expenditures during the six months ended June 30, 2026, up $253 million, or 10%, from $2,527 million in 2025. The increase primarily reflected investments in new plants and…
• Outstanding IndebtednessImportance 68 · Surprise 58
  Net debt financing provided $1,645 million during the six months ended June 30, 2026, compared with $1,839 million in 2025. Linde issued €1.6 billion of euro-denominated notes and repaid $725 million of…
• Order Backlog and Book-to-BillImportance 64 · Surprise 42
  Linde increased capital expenditures by $253 million year over year to $2,780 million in the first six months of 2026. The investments were primarily directed toward new plants and production equipment needed to…
• APAC Market GrowthImportance 60 · Surprise 40
  APAC sales increased 13% in the second quarter and 12% for the first six months of 2026, the strongest reported growth among Linde's geographic segments. The segment covers approximately 15 Asian and South Pacific…
• Acquisition / Partnership / DivestitureImportance 60 · Surprise 74
  Acquisitions, net of cash acquired, totaled $385 million in the six months ended June 30, 2026, compared with $270 million in the 2025 period. The 2026 acquisitions primarily involved businesses in the Americas and…
• Capital Return ProgramImportance 59 · Surprise 48
  Linde repurchased $1,656 million of ordinary shares during the six months ended June 30, 2026, compared with $2,207 million in the prior-year period. Cash dividends paid to Linde plc shareholders totaled $1,479…
• Debt and Liquidity PositionImportance 56 · Surprise 58
  Linde issued €1.6 billion of euro-denominated notes and repaid $725 million of U.S.-dollar-denominated notes during the six months ended June 30, 2026. Net cash provided by debt was $1,645 million, compared with $1,839…
• Headcount / RestructuringImportance 53 · Surprise 82
  Linde reported no cost reduction program and other charges in the second quarter or first six months of 2026, compared with $55 million in six-month charges in 2025. The 2025 charges primarily related to severance.…
• Liquidity and Cash PositionImportance 49 · Surprise 32
  Cash provided by operating activities increased 3% to $4,511 million for the six months ended June 30, 2026, primarily because of higher net income. Cash and cash equivalents totaled $4,898 million at June 30, 2026, up…
• Segment Revenue PerformanceImportance 49 · Surprise 32
  The Americas generated $8,108 million of six-month sales, up 8%, and $2,544 million of operating profit, up 8%, from higher pricing, productivity, volumes and currency translation. EMEA sales increased 7% to $4,474…
• Revenue Performance and MixImportance 49 · Surprise 32
  Second-quarter 2026 sales increased 9% to $9,289 million, while six-month sales increased 9% to $18,070 million versus $16,607 million in 2025. For the quarter and six months, higher price attainment and volumes each…
• Inflationary Cost PressuresImportance 48 · Surprise 40
  Cost of sales increased $921 million, or 11%, for the six months ended June 30, 2026, primarily because of currency translation and cost inflation. Cost of sales reached 51.9% of sales versus 51.0% in the prior-year…
• Gross Margin DriversImportance 45 · Surprise 40
  Cost of sales increased $555 million, or 13%, in the second quarter and $921 million, or 11%, for the six months ended June 30, 2026. Cost of sales rose to 52.3% of quarterly sales and 51.9% of six-month sales,…
• Operating Expense TrendsImportance 43 · Surprise 32
  SG&A increased $128 million, or 8%, to $1,784 million for the six months ended June 30, 2026, while second-quarter SG&A increased $21 million, or 2%. SG&A declined to 9.9% of six-month sales from 10.0% in 2025 and to…
• FX / Currency ImpactImportance 37 · Surprise 32
  Currency translation increased consolidated sales by 2% in the second quarter and 3% for the six months ended June 30, 2026. The principal contributors were the Chinese yuan, Euro and Brazilian real, with additional…
• End-Market Demand TrendsImportance 31 · Surprise 32
  Second-quarter 2026 volumes increased sales by 2%, primarily driven by the electronics, manufacturing, and chemicals and energy end markets. In the Americas, volume growth was also 2%, led by electronics and…
• Engineering Project TimingImportance 27 · Surprise 40
  Engineering sales increased 13% in the second quarter of 2026 but only 2% year-to-date, reflecting project timing. Second-quarter engineering operating profit increased 11%, also primarily due to project timing and…
• Income Tax Rate ChangesImportance 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%,…

Revenue by Product (in Millions)

Revenue by Geography (in Millions)