Company: LIN
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047710
Chunk: 7

Company: LINDE PLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 7
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LINDE PLC AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF INCOME

(Millions of dollars, except per share data)

(UNAUDITED) 

 Quarter Ended September 30,Nine Months Ended September 30, 2025202420252024Sales$8,615 $8,356 $25,222 $24,723 Cost of sales, exclusive of depreciation and amortization4,379 4,356 12,842 12,823 Selling, general and administrative897 823 2,553 2,523 Depreciation and amortization961 960 2,813 2,867 Research and development36 37 112 111 Cost reduction program and other charges(11)145 44 145 Other income (expense) - net14 51 47 111 Operating Profit2,367 2,086 6,905 6,365 Interest expense - net64 68 191 203 Net pension and OPEB cost (benefit), excluding service cost(57)(45)(172)(144)Income Before Income Taxes and Equity Investments2,360 2,063 6,886 6,306 Income taxes424 498 1,508 1,469 Income Before Equity Investments1,936 1,565 5,378 4,837 Income from equity investments36 38 107 131 Net Income (Including Noncontrolling Interests)1,972 1,603 5,485 4,968 Less: noncontrolling interests(43)(53)(117)(128)Net Income – Linde plc$1,929 $1,550 $5,368 $4,840 Per Share Data – Linde plc ShareholdersBasic earnings per share$4.11 $3.24 $11.40 $10.09 Diluted earnings per share$4.09 $3.22 $11.34 $10.02 Weighted Average Shares Outstanding (000’s):Basic shares outstanding468,802 477,662 470,708 479,825 Diluted shares outstanding471,509 480,898 473,500 483,186  

The accompanying notes are an integral part of these financial statements.

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LINDE PLC AND SUBSIDIARIES

CONSOLID