sectors
Materials
Linde reports industrial gases and engineering activity with both GAAP and adjusted performance. Operating cash flow is measured before capital expenditure, making reinvestment a separate component of the annual financial picture. Coverage in this edition: Linde plc (LIN). Reading approach Distinguish reported operating profit from adjusted profit. Use disclosed cash flow and capital expenditures with a labelled formula if calculating an after-investment cash residual. Comparison limits Project start-ups, energy-cost pass-through, price, volumes and exchange rates may move differently. A single global company does not establish an industry-wide cycle. Classification note Sector names are editorial research groupings for this website, not a licensed or issuer-confirmed classification. Figures, dates and source links are provided on the company and report pages.
Industrial gases, operating profit and reinvestment: Reported FY2025 Results →