10-K annual report · filed Feb 26, 2025

Linde plc (LIN) FY2024 10-K Annual Report

Short answer

Linde plc (LIN) filed its fiscal 2024 10-K annual report with the SEC on Feb 26, 2025. It reported revenue of $33.0B (+0.5% year over year) and net income of $6.6B.

  • Top risk flagged: Risk from environmental/climate regulation changes impacting profitability and market behavior, regulatory uncertainty could materially affect results

FY2024 key financial metrics · XBRL

Revenue
$33.0B
+0.5% YoY
Net income
$6.6B
+5.9% YoY
Operating margin
26.2%
+1.7 pp YoY
EPS (diluted)
$13.62
+8.2% YoY
ROE
17.2%
+1.6 pp YoY
Operating cash flow
$9.4B
+1.3% YoY

Source: XBRL data from the Linde plc (LIN) FY2024 10-K on SEC EDGAR. USD.

Linde plc FY2024 10-K analysis

AI summary of each section, grounded in the filing text

Business Overview

  • Largest industrial gas company globally, producing atmospheric and process gases plus related equipment and services
  • Emphasis continued on technological innovation in gas production and processing plants across multiple industries
  • Geographic presence primarily in United Kingdom and United States with operations under Irish incorporation
  • Annual sales stable around $33 billion, $33,005M in 2024, $32,854M in 2023, $33,364M in 2022
  • Broad industry base includes healthcare, chemicals, manufacturing, metals, food, and electronics sectors

Management Discussion & Analysis

  • No profitability or margin information given for fiscal 2025
  • No cash flow, capital allocation, buybacks, dividends, or capex details mentioned
  • No forward-looking guidance, management outlook or risks discussed in excerpt

Risk Factors

  • Risk from environmental/climate regulation changes impacting profitability and market behavior, regulatory uncertainty could materially affect results
  • Geopolitical risk from international operations subject to currency devaluations, trade conflicts, restrictions, tariffs, expropriation, affecting revenue across 80+ countries
  • Operational risk from energy cost volatility and supply disruptions, with energy being largest production cost and raw materials subject to market conditions
  • Competitive risk if R&D fails to keep pace with new industrial gas technologies, risking loss of market to technology leaders
  • Financial risk from $26B goodwill asset impairment tied to 2018 merger, with adverse industry or economic trends potentially triggering material charges

Generated from the filing text; verify against the original. How to read a 10-K

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