earnings
confidence high
sentiment positive
materiality 0.80
Linde Q4 adjusted EPS $3.59, up 14% YoY; FY2024 guidance implies 8-11% ex-FX growth
LINDE PLC
2023-FY EPS reported
$12.59
revenue$32,854,000,000
- Full-year 2023 sales $32.9B (+5% underlying); adjusted EPS $14.20 (+16%); operating margin 27.6% (+390 bps).
- Q4 adjusted operating margin 27.4% (+210 bps); operating cash flow $2.727B (+30%); free cash flow $1.576B.
- Project backlog $8.5B; returned $6.4B to shareholders via dividends and buybacks in 2023.
- FY2024 adjusted EPS guidance $15.25-$15.65 (8%-11% ex-FX); Q1 guidance $3.58-$3.68 (6%-9% ex-FX).
- Americas sales $3.583B (+5%), APAC $1.639B (+5%), EMEA $2.100B (+4%); volume growth in APAC chemicals/energy.