LIN · 10-Q · 2026Q3

LINDE PLC

Filed 2026-10-29 · Industrials · View original filing on EDGAR

Ranked Events

• Capital Expenditure ProgramImportance 66 · Surprise 32
  Linde spent $4.172 billion on capital expenditures in the nine months ended September 30, 2026, up $369 million from the prior-year period. The increase primarily reflected investment in new plants and production…
• Order Backlog and Book-to-BillImportance 65 · Surprise 24
  At September 30, 2026, Linde reported approximately $7.9 billion of sale-of-gas large projects under construction. The amount represents the total estimated capital cost of those plants, indicating substantial ongoing…
• Capital AllocationImportance 59 · Surprise 40
  Linde used $2,606 million for net purchases of ordinary shares during the first nine months of 2026, compared with $3,191 million in the prior-year period. Cash dividends to Linde plc shareholders were $2,214 million,…
• Operating Cash Flow TrendsImportance 50 · Surprise 32
  Cash provided by operating activities was $7,680 million for the nine months ended September 30, 2026, up $360 million, or 5%, year over year. Higher net income adjusted for non-cash charges drove the increase, partly…
• Strategic Cost ReductionImportance 48 · Surprise 42
  Linde recognized a 2026 cost reduction program during the third quarter of 2026, with charges increasing $436 million for the quarter and $381 million for the nine months ended September 30, 2026. The program included…
• Headcount / RestructuringImportance 48 · Surprise 42
  Linde recorded a $425 million segment-level charge for cost reduction program and other charges in third-quarter 2026, including $200 million of global severance charges and $42 million of other cost-reduction charges.…
• Gross Margin DriversImportance 48 · Surprise 32
  Cost of sales, excluding depreciation and amortization, rose $583 million, or 13%, in third-quarter 2026 and $1,504 million, or 12%, in the first nine months. Cost of sales increased to 52.8% of sales for the quarter…
• Outstanding IndebtednessImportance 46 · Surprise 48
  During the first nine months of 2026, Linde issued €1.6 billion of Euro-denominated notes and repaid $925 million of U.S. dollar-denominated notes and €700 million of Euro-denominated notes. Cash provided by debt was…
• Geographic Market CommentaryImportance 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…
• Segment Revenue PerformanceImportance 39 · Surprise 22
  Third-quarter 2026 sales were $3,601 million in Americas, up 11%; $2,327 million in EMEA, up 7%; and $1,950 million in APAC, up 12%. Americas growth included 6% from pricing and 3% from volume, while APAC growth…
• Revenue Performance and MixImportance 37 · Surprise 14
  Linde reported third-quarter 2026 sales of $9,404 million, up 9% year over year, and nine-month sales of $27,474 million, also up 9%. Higher price attainment contributed 3% growth in both periods, while volumes added…
• Operating Margin DriversImportance 36 · Surprise 32
  GAAP operating profit fell $217 million, or 9%, to $2,150 million in third-quarter 2026, and operating margin declined to 22.9% from 27.5%. Cost reduction program charges and cost inflation drove the quarterly decline,…
• Net Income and ProfitabilityImportance 31 · Surprise 22
  Third-quarter 2026 net income attributable to Linde plc decreased $237 million, or 12%, to $1,692 million, while diluted EPS fell 11% to $3.66 from $4.09. The company attributed the EPS decrease to lower net income,…
• Income Tax Rate ChangesImportance 25 · Surprise 22
  Linde’s effective tax rate was 21.1% in third-quarter 2026, compared with 18.0% in third-quarter 2025, a 3.1 percentage-point increase. The nine-month effective tax rate rose to 22.9% from 21.9%. The company attributed…
• End-Market Demand TrendsImportance null · Surprise 32
  Consolidated sales volumes increased 2% in both the third quarter and first nine months of 2026, primarily driven by electronics, chemicals and energy, and manufacturing end markets. In the Americas, volumes increased…

Revenue by Product (in millions)

Revenue by Geography (in millions)