Stock Analysis on Net

Linde plc (NASDAQ:LIN)

$24.99

Analysis of Reportable Segments

Microsoft Excel

Segment Profit Margin

Linde plc, profit margin by reportable segment

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Americas
Europe, Middle East, and Africa (EMEA)
Asia and South Pacific (APAC)
Engineering

Based on: 10-K (reporting date: 2024-12-31), 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).

Segment profitability ratio Reportable segment The company
Segment profit margin Americas Americas segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.
Europe, Middle East, and Africa (EMEA) Europe, Middle East, and Africa (EMEA) segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.
Asia and South Pacific (APAC) Asia and South Pacific (APAC) segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.
Engineering Engineering segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.

Segment Profit Margin: Americas

Linde plc; Americas; segment profit margin calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating profit
Sales
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Segment profit margin = 100 × Operating profit ÷ Sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Americas Americas segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.

Segment Profit Margin: Europe, Middle East, and Africa (EMEA)

Linde plc; Europe, Middle East, and Africa (EMEA); segment profit margin calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating profit
Sales
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Segment profit margin = 100 × Operating profit ÷ Sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Europe, Middle East, and Africa (EMEA) Europe, Middle East, and Africa (EMEA) segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.

Segment Profit Margin: Asia and South Pacific (APAC)

Linde plc; Asia and South Pacific (APAC); segment profit margin calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating profit
Sales
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Segment profit margin = 100 × Operating profit ÷ Sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Asia and South Pacific (APAC) Asia and South Pacific (APAC) segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.

Segment Profit Margin: Engineering

Linde plc; Engineering; segment profit margin calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating profit
Sales
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Segment profit margin = 100 × Operating profit ÷ Sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Engineering Engineering segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.

Segment Capital Expenditures to Depreciation

Linde plc, capital expenditures to depreciation by reportable segment

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Americas
Europe, Middle East, and Africa (EMEA)
Asia and South Pacific (APAC)
Engineering

Based on: 10-K (reporting date: 2024-12-31), 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).

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Americas Americas segment capital expenditures to depreciation ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024.
Europe, Middle East, and Africa (EMEA) Europe, Middle East, and Africa (EMEA) segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024.
Asia and South Pacific (APAC) Asia and South Pacific (APAC) segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024.
Engineering Engineering segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.

Segment Capital Expenditures to Depreciation: Americas

Linde plc; Americas; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Expenditures for long-lived assets
Depreciation and amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Segment capital expenditures to depreciation = Expenditures for long-lived assets ÷ Depreciation and amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Americas Americas segment capital expenditures to depreciation ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024.

Segment Capital Expenditures to Depreciation: Europe, Middle East, and Africa (EMEA)

Linde plc; Europe, Middle East, and Africa (EMEA); segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Expenditures for long-lived assets
Depreciation and amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Segment capital expenditures to depreciation = Expenditures for long-lived assets ÷ Depreciation and amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Europe, Middle East, and Africa (EMEA) Europe, Middle East, and Africa (EMEA) segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024.

Segment Capital Expenditures to Depreciation: Asia and South Pacific (APAC)

Linde plc; Asia and South Pacific (APAC); segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Expenditures for long-lived assets
Depreciation and amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Segment capital expenditures to depreciation = Expenditures for long-lived assets ÷ Depreciation and amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Asia and South Pacific (APAC) Asia and South Pacific (APAC) segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024.

Segment Capital Expenditures to Depreciation: Engineering

Linde plc; Engineering; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Expenditures for long-lived assets
Depreciation and amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Segment capital expenditures to depreciation = Expenditures for long-lived assets ÷ Depreciation and amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Engineering Engineering segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.

Sales

Linde plc, sales by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Americas
Europe, Middle East, and Africa (EMEA)
Asia and South Pacific (APAC)
Industrial Gases
Engineering
Other
Total segments

Based on: 10-K (reporting date: 2024-12-31), 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).


Depreciation and amortization

Linde plc, depreciation and amortization by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Americas
Europe, Middle East, and Africa (EMEA)
Asia and South Pacific (APAC)
Industrial Gases
Engineering
Other
Total segments

Based on: 10-K (reporting date: 2024-12-31), 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).


Operating profit

Linde plc, operating profit by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Americas
Europe, Middle East, and Africa (EMEA)
Asia and South Pacific (APAC)
Industrial Gases
Engineering
Other
Total segments

Based on: 10-K (reporting date: 2024-12-31), 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).


Expenditures for long-lived assets

Linde plc, expenditures for long-lived assets by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Americas
Europe, Middle East, and Africa (EMEA)
Asia and South Pacific (APAC)
Industrial Gases
Engineering
Other
Total segments

Based on: 10-K (reporting date: 2024-12-31), 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).