Inferra AI / Company / LIN

Linde plc

LIN · Materials

Last earnings Jul 31, 2026

Key results

Net incomequarter

$1,857 million

net income of $1,857 million and diluted

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

EPSquarter

$3.98

earnings per share of $3.98, up 11% and up 13%, respectively.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Growthquarter

up 11%

earnings per share of $3.98, up 11% and up 13%, respectively.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Adjusted net incomequarter

$2,019 million

Excluding Linde AG purchase accounting impacts and cost reduction program and other charges, adjusted net income was $2,019 million, up 7% versus prior year.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Adjusted earnings per share was $4.33, 10% above prior year.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

After capexquarter

$1,342 million

After capital expenditures of $1,342 million, free cash flow was $898 million.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Free cash flowquarter

$898 million

After capital expenditures of $1,342 million, free cash flow was $898 million.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Segment Americas revenuequarter

$4,025 million

Page 1/13 First-Quarter 2026 Results by Segment Americas sales of $4,025 million were up 10% versus prior year.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Operating Cash Flow $ 2,240 $ 3,030 $ 2,948 $ 2,211 $ 2,161 Less: Capital Expenditures (1,342 ) (1,458 ) (1,276 ) (1,257 ) (1,270 ) Free Cash Flow $ 898 $ 1,572 $ 1,672 $ 954 $ 891 Net Debt - Net debt is a financial liquidity metric used by investors, financial analysts and management to evaluate the ability of a company to repay its debt and is calculated as total debt (excluding purchase accounting impacts) less liquid assets.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

AI analysis

Q1 2026 · reported May 1, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

EPS · Q1 2026
$3.98
EX-99 · May 1, 2026
Free cash flow · Q1 2026
$898M
EX-99 · May 1, 2026
Net income · Q1 2026
$1,857M
EX-99 · May 1, 2026
Adjusted net income · Q1 2026
$2,019M
EX-99 · May 1, 2026

The quarter in charts

Capex & free cash flow

As stated

00.511.5$1,342MCapex Q$898MFree cash flow Q

EX-99 · May 1, 2026 Values as labeled in the release.

Headline figures

MetricQ1 2026Prior qtrYear ago
Net income$1,857 million——
EPS$3.98——
Growthup 11%——
Adjusted net income$2,019 million——
After capex$1,342 million——
Free cash flow$898 million——
Segment Americas revenue$4,025 million——

EX-99 · May 1, 2026

Guidance · company-stated

Operating Cash Flow

“$ 2,240 $ 3,030 $ 2,948”

Free Cash Flow

“$ 898 $ 1,572”

Guidance stated in the release's Business Outlook table for 2026; no direction stated — figures as stated in the table.

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

After capex$1,342M
Free cash flow$898M

Capital allocation

After capex$1,342M
Free cash flow$898M
Dividend$1,545M

After capital expenditures of $1,342 million, free cash flow was $898 million.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Adjusted earnings per share was $4.33, 10% above prior year

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Operating Cash Flow: “Operating Cash Flow $ 2,240 $ 3,030 $ 2,948”

Free Cash Flow: “Free Cash Flow $ 898 $ 1,572”

Operating Cash Flow (“2026”)
“Operating Cash Flow $ 2,240 $ 3,030 $ 2,948”

Free Cash Flow (“2026”)
“Free Cash Flow $ 898 $ 1,572”

Guidance stated in the release's Business Outlook table for 2026; no direction stated — figures as stated in the table.

Capital allocation

After capital expenditures of $1,342 million, free cash flow was $898 million.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

During the quarter, the company returned $1,545 million to shareholders through dividends and stock repurchases, net of issuances.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Full-year capital expenditures are expected to be in the range of $5.0 billion to $5.5 billion to support growth and maintenance requirements including the $7.1 billion contractual sale of gas project backlog.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Adjusted Interest Expense - Net : Relates to the amortization of the fair value of debt acquired in the merger.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

FCF equals cash flow from operations less capital expenditures.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Operating Cash Flow $ 2,240 $ 3,030 $ 2,948 $ 2,211 $ 2,161 Less: Capital Expenditures (1,342 ) (1,458 ) (1,276 ) (1,257 ) (1,270 ) Free Cash Flow $ 898 $ 1,572 $ 1,672 $ 954 $ 891 Net Debt - Net debt is a financial liquidity metric used by investors, financial analysts and management to evaluate the ability of a company to repay its debt and is calculated as total debt (excluding purchase accounting impacts) less liquid assets.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Strategy & priorities

Adjusted operating profit of $2,630 million was up 8% versus prior year led by higher price and continued productivity initiatives across all segments.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

To manage these risks, among other strategies, Linde routinely enters into various derivative financial instruments ( derivatives ) including interest-rate swap and treasury rate lock agreements, forward contracts, and commodity-swap agreements.

SEC original ↗Linde plc — 10-Q Quarterly report10-QJul 31, 2026

Risks & headwinds

Given the uncertainty of timing and magnitude of such items, we cannot provide a reconciliation of the differences between the non-GAAP adjusted EPS guidance and the corresponding GAAP EPS measure without unreasonable effort.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

They are based on management s reasonable expectations and assumptions as of the date the statements are made but involve risks and uncertainties.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

These risks and uncertainties may cause future results or circumstances to differ materially from adjusted projections, estimates or other forward-looking statements.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

The above listed risks and uncertainties are further described in Item 1A.

SEC original ↗Linde plc — Earnings release (8-K exhibit)EX-99May 1, 2026

Legal Proceedings 40 Item 1A.

SEC original ↗Linde plc — 10-Q Quarterly report10-QJul 31, 2026

Commitments and Contingencies Contingent Liabilities Linde is subject to various lawsuits and government investigations that arise from time to time in the ordinary course of business.

SEC original ↗Linde plc — 10-Q Quarterly report10-QJul 31, 2026

Documents

Earnings deck slides

6 decks with slide view

Linde plc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Linde plc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Linde plc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Linde plc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Linde plc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Slide history — recurring slides by stated title

Slides are matched across this company’s decks by their stated title only; a title listed here appeared in more than one held deck.

Appendix — Oct 21, 2026 · slide 40 · Oct 21, 2026 · slide 10 · Oct 21, 2026 · slide 5 · Oct 21, 2026 · slide 8

For further information, please contact — Oct 21, 2026 · slide 43 · Oct 21, 2026 · slide 19 · Oct 21, 2026 · slide 22

Forward-Looking Statement — Oct 21, 2026 · slide 2 · Oct 21, 2026 · slide 2 · Oct 21, 2026 · slide 2

Asia — Oct 21, 2026 · slide 7 · Oct 21, 2026 · slide 10

Europe — Oct 21, 2026 · slide 8 · Oct 21, 2026 · slide 11

Global End-Market Trends — Oct 21, 2026 · slide 12 · Oct 21, 2026 · slide 15

Non-GAAP Measures — Oct 21, 2026 · slide 13 · Oct 21, 2026 · slide 16

Non-GAAP Measures, continued — Oct 21, 2026 · slide 14 · Oct 21, 2026 · slide 17

North America — Oct 21, 2026 · slide 6 · Oct 21, 2026 · slide 9

South America — Oct 21, 2026 · slide 9 · Oct 21, 2026 · slide 12

Surface Technologies — Oct 21, 2026 · slide 10 · Oct 21, 2026 · slide 13

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Filings

62 documents

Earnings releases

12 documents

Presentations

11 documents

Transcripts

0 documents

No transcripts for Linde plc are held in this edition of the library.

Mentioned by

6 companies

Other tracked companies whose held documents mention Linde plc by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.