Linde's Q1 sales amounted to $8.1 billion, with strong performance in the Americas region.

Linde announced its first-quarter 2025 financial results, reporting sales of $8.1 billion, net income of $1.7 billion, and operating profit of $2.2 billion. Sales for the quarter were flat year-on-year, while net income rose by 3%. Q1 sales totaled $8.112 billion, unchanged from the prior year. Although prices increased by 2%, volume declined by 1% in the manufacturing and metals & mining end markets, resulting in a 1% year-on-year increase in base sales. Net income for the quarter was $1.673 billion, with diluted earnings per share of $3.51—up 3% and 5%, respectively. Operating profit for the quarter was $2.184 billion; adjusted operating profit rose 4% year-on-year to $2.438 billion, driven by price increases and ongoing productivity initiatives across all business segments. Adjusted operating margin stood at 30.1%, up 120 basis points versus the prior year. Strong performance in the Americas region during Q1 By region, the Americas delivered robust performance in Q1, with sales up 3% year-on-year; sales in the Asia-Pacific region declined 1%, while sales in Europe, the Middle East, and Africa fell 3%. Americas region sales reached $3.666 billion in Q1, up 3% year-on-year. Base sales grew 4% year-on-year, supported by a 3% price increase and a 1% volume gain—primarily in the electronics, chemicals, and energy end markets. Operating profit totaled $1.137 billion, representing 31.0% of sales—a 40-basis-point improvement over the prior year. Asia-Pacific region sales amounted to $1.539 billion, down 3% year-on-year. Base sales declined 1% year-on-year: although pricing remained stable, volumes fell 1%, primarily in the metals, mining, and manufacturing end markets.

In 2025, Linde’s gas sales reached $34 billion.

Gas Circle News: On February 5, Linde released its annual financial report, reporting full-year 2025 sales of $34 billion (approximately RMB 235.9 billion), up 3% year-on-year; operating profit rose 4% to $10.137 billion. The operating profit margin reached 29.8%, an improvement of 30 basis points versus 2024, reflecting steady growth across all key financial metrics. In 2025, Linde generated $10.4 billion in cash flow from operating activities, invested $5.3 billion in capital expenditures, and returned $7.4 billion to shareholders through dividends and share repurchases (net of share issuances). Regional performance The Americas market delivered particularly strong results, with sales of $3.884 billion, up 8% year-on-year; operating profit rose 5% to $1.202 billion, maintaining a robust operating margin of 30.9%. Healthcare, chemicals & energy, and manufacturing were the region’s largest end markets. In Europe, the Middle East, and Africa, sales rose 6% year-on-year to $2.178 billion, while operating profit surged 13% to $772 million. The operating margin reached 35.4%, supported by sustained strong product pricing and capacity enhancement initiatives. Although facing challenges, the Asia-Pacific market achieved 3% sales growth to $1.726 billion; its operating margin held steady at 29.1% year-on-year, with sequential improvement attributable to effective cost management. The electronics industry remained the region’s largest end market, accounting for 26% of sales. Regarding the China market, Lamba stated—in reference to a recent email from Linde’s China President—that, after several quarters of effort, the growth rate of Linde’s end-customer business in China (excluding distributors and channel partners) has exceeded China’s GDP growth rate (5%).

Linde Schedules October 29 Results; Stock Trades at EUR 445.00

12 hours ago

Linde plc scheduled its third-quarter results for October 29, 2026, following a 9.3% year-over-year revenue increase in Q2. Shares traded at EUR 445.00 on October 21 as investors anticipate the company's ability to maintain fiscal guidance.

AD HOC NEWS

2026-05-01

Linde: Q1 Earnings Snapshot

2026-05-01

Linde PLC Stock Rises 3.33% on May 1 Following Strong Q1 Results

2026-05-01

Linde Reports Strong Q1 Earnings Surpassing Expectations

2026-05-02

Linde plc Q1 2026 Earnings Call Transcript

2026-05-02

Linde Reports Q1 2026 Financial Results with 30% Operating Margins