Return on Equity (ROE)
since 2005
Calculation
Linde plc, ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income, Linde plc1 | ÷ | Total Linde plc shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 15.61% | = | 100 | × | 6,199) | ÷ | 39,720) |
| Dec 31, 2022 | 10.36% | = | 100 | × | 4,147) | ÷ | 40,028) |
| Dec 31, 2021 | 8.69% | = | 100 | × | 3,826) | ÷ | 44,035) |
| Dec 31, 2020 | 5.29% | = | 100 | × | 2,501) | ÷ | 47,317) |
| Dec 31, 2019 | 4.66% | = | 100 | × | 2,285) | ÷ | 49,074) |
| Dec 31, 2018 | 8.49% | = | 100 | × | 4,381) | ÷ | 51,596) |
| Dec 31, 2017 | 20.72% | = | 100 | × | 1,247) | ÷ | 6,018) |
| Dec 31, 2016 | 29.87% | = | 100 | × | 1,500) | ÷ | 5,021) |
| Dec 31, 2015 | 35.25% | = | 100 | × | 1,547) | ÷ | 4,389) |
| Dec 31, 2014 | 30.13% | = | 100 | × | 1,694) | ÷ | 5,623) |
| Dec 31, 2013 | 26.55% | = | 100 | × | 1,755) | ÷ | 6,609) |
| Dec 31, 2012 | 27.90% | = | 100 | × | 1,692) | ÷ | 6,064) |
| Dec 31, 2011 | 30.47% | = | 100 | × | 1,672) | ÷ | 5,488) |
| Dec 31, 2010 | 20.63% | = | 100 | × | 1,195) | ÷ | 5,792) |
| Dec 31, 2009 | 23.59% | = | 100 | × | 1,254) | ÷ | 5,315) |
| Dec 31, 2008 | 30.21% | = | 100 | × | 1,211) | ÷ | 4,009) |
| Dec 31, 2007 | 22.89% | = | 100 | × | 1,177) | ÷ | 5,142) |
| Dec 31, 2006 | 21.70% | = | 100 | × | 988) | ÷ | 4,554) |
| Dec 31, 2005 | 18.61% | = | 100 | × | 726) | ÷ | 3,902) |
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, ROE, long-term trends, comparison to competitors
| Linde plc | Sherwin-Williams Co. | |
|---|---|---|
| Dec 31, 2023 | 15.61% | 64.29% |
| Dec 31, 2022 | 10.36% | 65.12% |
| Dec 31, 2021 | 8.69% | 76.50% |
| Dec 31, 2020 | 5.29% | 56.23% |
| Dec 31, 2019 | 4.66% | 37.38% |
| Dec 31, 2018 | 8.49% | 29.72% |
| Dec 31, 2017 | 20.72% | 48.00% |
| Dec 31, 2016 | 29.87% | 60.30% |
| Dec 31, 2015 | 35.25% | 121.42% |
| Dec 31, 2014 | 30.13% | 86.90% |
| Dec 31, 2013 | 26.55% | 42.41% |
| Dec 31, 2012 | 27.90% | 35.22% |
| Dec 31, 2011 | 30.47% | 29.13% |
| Dec 31, 2010 | 20.63% | 28.74% |
| Dec 31, 2009 | 23.59% | 29.23% |
| Dec 31, 2008 | 30.21% | 29.70% |
| Dec 31, 2007 | 22.89% | 34.47% |
| Dec 31, 2006 | 21.70% | 28.91% |
| Dec 31, 2005 | 18.61% | 26.77% |
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, ROE, long-term trends, comparison to sector (chemicals)
| Linde plc | Chemicals | |
|---|---|---|
| Dec 31, 2023 | 15.61% | 19.77% |
| Dec 31, 2022 | 10.36% | 14.30% |
| Dec 31, 2021 | 8.69% | 12.24% |
| Dec 31, 2020 | 5.29% | 8.90% |
| Dec 31, 2019 | 4.66% | 7.19% |
| Dec 31, 2018 | 8.49% | 9.92% |
| Dec 31, 2017 | 20.72% | 31.09% |
| Dec 31, 2016 | 29.87% | 38.16% |
| Dec 31, 2015 | 35.25% | 49.47% |
| Dec 31, 2014 | 30.13% | 38.67% |
| Dec 31, 2013 | 26.55% | 29.91% |
| Dec 31, 2012 | 27.90% | 29.57% |
| Dec 31, 2011 | 30.47% | 30.18% |
| Dec 31, 2010 | 20.63% | 22.39% |
| Dec 31, 2009 | 23.59% | 24.83% |
| Dec 31, 2008 | 30.21% | 30.06% |
| Dec 31, 2007 | 22.89% | 25.88% |
| Dec 31, 2006 | 21.70% | 23.89% |
| Dec 31, 2005 | 18.61% | 21.11% |
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, ROE, long-term trends, comparison to industry (materials)
| Linde plc | Materials | |
|---|---|---|
| Dec 31, 2023 | 15.61% | 17.36% |
| Dec 31, 2022 | 10.36% | 16.42% |
| Dec 31, 2021 | 8.69% | 16.54% |
| Dec 31, 2020 | 5.29% | 8.40% |
| Dec 31, 2019 | 4.66% | 5.74% |
| Dec 31, 2018 | 8.49% | 12.42% |
| Dec 31, 2017 | 20.72% | 27.34% |
| Dec 31, 2016 | 29.87% | -11.75% |
| Dec 31, 2015 | 35.25% | -73.64% |
| Dec 31, 2014 | 30.13% | 5.03% |
| Dec 31, 2013 | 26.55% | 17.62% |
| Dec 31, 2012 | 27.90% | 21.12% |
| Dec 31, 2011 | 30.47% | 29.47% |
| Dec 31, 2010 | 20.63% | 30.11% |
| Dec 31, 2009 | 23.59% | 27.87% |
| Dec 31, 2008 | 30.21% | -82.36% |
| Dec 31, 2007 | 22.89% | 18.96% |
| Dec 31, 2006 | 21.70% | 33.59% |
| Dec 31, 2005 | 18.61% | 29.22% |
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).