Linde Cash Flow Statement
NASDAQ: LINBasic MaterialsMajor ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Linde free cash flow
In fiscal 2025, Linde generated $10.35 billion of operating cash flow and spent $5.26 billion on capital expenditures. That left free cash flow of $5.09 billion, a free-cash-flow margin of 15.0% of revenue. Free cash flow was up 3.3% from the prior year's $4.93 billion.
Linde returned $7.41 billion to shareholders: $2.81 billion in dividends and $4.60 billion in share repurchases, equal to 146% of free cash flow. Free cash flow covered dividend payments 1.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Linde cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 7.06B | 6.74B | 6.34B | 4.28B | 3.96B | 2.63B | 2.38B | 4.40B | 1.31B | 1.53B |
| Net Income growth (YoY) | +4.76% | +6.25% | +48.12% | +8.08% | +50.84% | +10.38% | -45.96% | +237.06% | -14.92% | — |
| Depreciation & Amortization | 3.76B | 3.78B | 3.82B | 4.20B | 4.63B | 4.63B | 4.67B | 1.83B | 1.18B | 1.12B |
| Stock-Based Compensation | 164.00M | 160.00M | 141.00M | 107.00M | 128.00M | 133.00M | 95.00M | 62.00M | 59.00M | 39.00M |
| Change in Working Capital | -168.00M | -436.00M | -315.00M | -620.00M | -159.00M | 274.00M | -247.00M | 202.00M | -158.00M | 52.00M |
| Operating Cash Flow | 10.35B | 9.42B | 9.30B | 8.86B | 9.72B | 7.43B | 6.12B | 3.65B | 3.04B | 2.79B |
| Capital Expenditures | -5.26B | -4.50B | -3.79B | -3.17B | -3.09B | -3.40B | -3.68B | -1.88B | -1.31B | -1.47B |
| Investing Cash Flow | -5.72B | -4.64B | -4.67B | -3.09B | -3.01B | -2.99B | 1.19B | 5.36B | -1.31B | -1.77B |
| Dividends Paid | -2.81B | -2.65B | -2.48B | -2.34B | -2.19B | -2.03B | -1.89B | -1.17B | -901.00M | -856.00M |
| Share Repurchases | -4.60B | -4.48B | -3.96B | -5.17B | -4.61B | -2.46B | -2.66B | -599.00M | -12.00M | -228.00M |
| Debt Issued | 5.15B | 4.84B | 2.19B | 3.21B | 2.28B | 2.80B | 99.00M | 8.00M | 11.00M | 936.00M |
| Debt Repaid | -2.28B | -1.30B | -1.68B | -1.78B | -1.47B | -2.68B | -1.58B | -3.12B | -583.00M | -770.00M |
| Financing Cash Flow | -4.55B | -4.36B | -5.40B | -3.09B | -7.59B | -3.35B | -9.00B | -5.00B | -1.66B | -659.00M |
| Net Change in Cash | 206.00M | 186.00M | -772.00M | 2.61B | -931.00M | 1.05B | -1.75B | 3.99B | 93.00M | 377.00M |
| Free Cash Flow | 5.09B | 4.93B | 5.52B | 5.69B | 6.64B | 4.03B | 2.44B | 1.77B | 1.73B | 1.32B |
This table shows 10 annual periods of Linde's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow LIN's reporting calendar. What is a cash flow statement?