earnings
confidence high
sentiment positive
materiality 0.75
Linde Q1 adj EPS $3.95, up 5% YoY; margin expands 120 bps to 30.1%
LINDE PLC
2025-Q1 EPS reported
$3.51
revenue$8,112,000,000
- Sales $8.1B flat YoY; underlying sales up 1% from 2% price, partly offset by 1% lower volumes.
- Adjusted operating profit $2.4B (+4%); operating cash flow $2.2B (+11%); free cash flow $891M.
- Americas segment sales +3%, APAC -3%, EMEA -3%; Engineering sales +5% to $565M.
- Q2 adj EPS guidance $3.95-$4.05; FY 2025 adj EPS guidance $16.20-$16.50 (4-6% growth).
- Returned $1.8B to shareholders via dividends and buybacks; capex guided $5.0-$5.5B.