earnings
confidence high
sentiment positive
materiality 0.70
Linde Q2 adj. EPS $4.09 (+6% YoY); FY2025 EPS guidance $16.30-$16.50
LINDE PLC
2025-Q2 EPS
reported $7.24
vs consensus $4.07
▲ beat
(+77.8%)
- Sales $8.5B (+3% YoY); underlying sales up 1% on 2% price, partially offset by 1% lower volumes.
- Adjusted operating profit $2.56B (+6%); margin 30.1%, up 80 bps YoY.
- Q2 operating cash flow $2.2B (+15% YoY); free cash flow $954M after capex of $1.26B.
- Segment margins: Americas 31.7% flat, APAC 29.6% +100 bps, EMEA 36.1% +240 bps.
- Q3 adj. EPS guided $4.10-$4.20 (+4% to +7% YoY); sale-of-gas backlog $7.1B.
item 2.02item 9.01