Return on Assets (ROA)
since 2005
Calculation
Linde plc, ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income, Linde plc1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 7.67% | = | 100 | × | 6,199) | ÷ | 80,811) |
| Dec 31, 2022 | 5.21% | = | 100 | × | 4,147) | ÷ | 79,658) |
| Dec 31, 2021 | 4.69% | = | 100 | × | 3,826) | ÷ | 81,605) |
| Dec 31, 2020 | 2.83% | = | 100 | × | 2,501) | ÷ | 88,229) |
| Dec 31, 2019 | 2.64% | = | 100 | × | 2,285) | ÷ | 86,612) |
| Dec 31, 2018 | 4.69% | = | 100 | × | 4,381) | ÷ | 93,386) |
| Dec 31, 2017 | 6.10% | = | 100 | × | 1,247) | ÷ | 20,436) |
| Dec 31, 2016 | 7.76% | = | 100 | × | 1,500) | ÷ | 19,332) |
| Dec 31, 2015 | 8.44% | = | 100 | × | 1,547) | ÷ | 18,319) |
| Dec 31, 2014 | 8.55% | = | 100 | × | 1,694) | ÷ | 19,802) |
| Dec 31, 2013 | 8.66% | = | 100 | × | 1,755) | ÷ | 20,255) |
| Dec 31, 2012 | 9.35% | = | 100 | × | 1,692) | ÷ | 18,090) |
| Dec 31, 2011 | 10.22% | = | 100 | × | 1,672) | ÷ | 16,356) |
| Dec 31, 2010 | 7.82% | = | 100 | × | 1,195) | ÷ | 15,274) |
| Dec 31, 2009 | 8.76% | = | 100 | × | 1,254) | ÷ | 14,317) |
| Dec 31, 2008 | 9.28% | = | 100 | × | 1,211) | ÷ | 13,054) |
| Dec 31, 2007 | 8.80% | = | 100 | × | 1,177) | ÷ | 13,382) |
| Dec 31, 2006 | 8.90% | = | 100 | × | 988) | ÷ | 11,102) |
| Dec 31, 2005 | 6.92% | = | 100 | × | 726) | ÷ | 10,491) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Linde plc, ROA, long-term trends, comparison to competitors
| Linde plc | Sherwin-Williams Co. | |
|---|---|---|
| Dec 31, 2023 | 7.67% | 10.41% |
| Dec 31, 2022 | 5.21% | 8.94% |
| Dec 31, 2021 | 4.69% | 9.02% |
| Dec 31, 2020 | 2.83% | 9.95% |
| Dec 31, 2019 | 2.64% | 7.52% |
| Dec 31, 2018 | 4.69% | 5.79% |
| Dec 31, 2017 | 6.10% | 8.88% |
| Dec 31, 2016 | 7.76% | 16.77% |
| Dec 31, 2015 | 8.44% | 18.20% |
| Dec 31, 2014 | 8.55% | 15.17% |
| Dec 31, 2013 | 8.66% | 11.79% |
| Dec 31, 2012 | 9.35% | 10.12% |
| Dec 31, 2011 | 10.22% | 8.45% |
| Dec 31, 2010 | 7.82% | 8.95% |
| Dec 31, 2009 | 8.76% | 10.08% |
| Dec 31, 2008 | 9.28% | 10.80% |
| Dec 31, 2007 | 8.80% | 12.68% |
| Dec 31, 2006 | 8.90% | 11.53% |
| Dec 31, 2005 | 6.92% | 10.60% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Chemicals)
Linde plc, ROA, long-term trends, comparison to sector (chemicals)
| Linde plc | Chemicals | |
|---|---|---|
| Dec 31, 2023 | 7.67% | 8.28% |
| Dec 31, 2022 | 5.21% | 6.03% |
| Dec 31, 2021 | 4.69% | 5.56% |
| Dec 31, 2020 | 2.83% | 4.17% |
| Dec 31, 2019 | 2.64% | 3.57% |
| Dec 31, 2018 | 4.69% | 4.88% |
| Dec 31, 2017 | 6.10% | 7.47% |
| Dec 31, 2016 | 7.76% | 10.09% |
| Dec 31, 2015 | 8.44% | 10.79% |
| Dec 31, 2014 | 8.55% | 10.04% |
| Dec 31, 2013 | 8.66% | 9.41% |
| Dec 31, 2012 | 9.35% | 9.55% |
| Dec 31, 2011 | 10.22% | 9.79% |
| Dec 31, 2010 | 7.82% | 8.11% |
| Dec 31, 2009 | 8.76% | 9.07% |
| Dec 31, 2008 | 9.28% | 9.66% |
| Dec 31, 2007 | 8.80% | 9.83% |
| Dec 31, 2006 | 8.90% | 9.72% |
| Dec 31, 2005 | 6.92% | 8.00% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Materials)
Linde plc, ROA, long-term trends, comparison to industry (materials)
| Linde plc | Materials | |
|---|---|---|
| Dec 31, 2023 | 7.67% | 6.68% |
| Dec 31, 2022 | 5.21% | 6.28% |
| Dec 31, 2021 | 4.69% | 6.65% |
| Dec 31, 2020 | 2.83% | 3.40% |
| Dec 31, 2019 | 2.64% | 2.43% |
| Dec 31, 2018 | 4.69% | 5.23% |
| Dec 31, 2017 | 6.10% | 6.22% |
| Dec 31, 2016 | 7.76% | -2.40% |
| Dec 31, 2015 | 8.44% | -13.63% |
| Dec 31, 2014 | 8.55% | 1.48% |
| Dec 31, 2013 | 8.66% | 5.73% |
| Dec 31, 2012 | 9.35% | 8.98% |
| Dec 31, 2011 | 10.22% | 12.44% |
| Dec 31, 2010 | 7.82% | 12.03% |
| Dec 31, 2009 | 8.76% | 9.94% |
| Dec 31, 2008 | 9.28% | -22.98% |
| Dec 31, 2007 | 8.80% | 8.10% |
| Dec 31, 2006 | 8.90% | 14.06% |
| Dec 31, 2005 | 6.92% | 10.70% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).