Company: LIN
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001628280-25-037164
Chunk: 69

Company: LINDE PLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 69
---
1,391 8 %APAC490 474 3 %941 921 2 %Engineering90 96 (6)%204 196 4 %Other(13)(11)(18)%1 8 (88)%Segment operating profit$2,556 $2,422 6 %$4,994 $4,763 5 %Reconciliation to reported operating profit:Cost reduction program and other charges— — (55)— Purchase accounting impacts - Linde AG (a)(202)(238)(401)(484)Total operating profit$2,354 $2,184 $4,538 $4,279 

(a)To adjust for purchase accounting impacts related to the merger.

29

Americas

 Quarter Ended June 30,Six Months Ended June 30,(Millions of dollars)20252024Variance20252024VarianceSales$3,812 $3,655 4 %$7,478 $7,215 4 %Operating profit$1,209 $1,159 4 %$2,346 $2,247 4 %As a percent of sales31.7 %31.7 %31.4 %31.1 %

 Quarter Ended June 30, 2025 vs. 2024Six Months Ended June 30, 2025 vs. 2024 % Change% ChangeFactors Contributing to Changes - SalesVolume1 %1 %Price/Mix3 %3 %Cost pass-through1 %2 %Currency(2)%(3)%Acquisitions/divestitures1 %1 %4 %4 %

The Americas segment includes Linde's industrial gases operations in approximately 20 countries including the United States, Canada, Mexico, and Brazil.

Sales

Sales for the Americas segment increased $157 million, or 4%, in the second quarter and increased $263 million, or 4%, for the six months ended June 30, 2025 versus the respective 2024 periods. Higher pricing contributed 3% to sales in both the quarter and year-to-date periods. Cost pass-through increased sales by 1% in the second quarter and increased sales by 2% year to date, with minimal impact on operating profit. Acquisitions increased sales by 1% in both the quarter and year-to-date periods. V