Capital Expenditures for Linde (LIN)
According to Linde's latest reported financial statements, the company's current capital expenditures (TTM) is $5.26B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
LIN
Currently viewingCapital ExpendituresSwitch metric
Latest period
$5.26B
YoY change
+17.0%
5Y CAGR
+9.1%
Peak year (2025)
$5.26B
Cumulative capital expenditures
$57.07B
CapEx history chart for Linde (LIN) from 1991 to 2025
CapEx history table for Linde (LIN) from 1991 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $5.26B | +17.0% | ||
| 2024 | $4.50B | +18.7% | ||
| 2023 | $3.79B | +19.4% | ||
| 2022 | $3.17B | +2.8% | ||
| 2021 | $3.09B | -9.2% | ||
| 2020 | $3.40B | -7.7% | ||
| 2019 | $3.68B | +95.5% | ||
| 2018 | $1.88B | +43.6% | ||
| 2017 | $1.31B | -10.5% | ||
| 2016 | $1.47B | -4.9% | ||
| 2015 | $1.54B | -8.8% | ||
| 2014 | $1.69B | -16.4% | ||
| 2013 | $2.02B | -7.3% | ||
| 2012 | $2.18B | +21.3% | ||
| 2011 | $1.80B | +29.5% | ||
| 2010 | $1.39B | +2.7% | ||
| 2009 | $1.35B | -16.1% | ||
| 2008 | $1.61B | +17.1% | ||
| 2007 | $1.38B | +25.1% | ||
| 2006 | $1.10B | +25.4% | ||
| 2005 | $877.00M | +31.3% | ||
| 2004 | $668.00M | -32.0% | ||
| 2003 | $983.00M | +97.4% | ||
| 2002 | $498.00M | -16.3% | ||
| 2001 | $595.00M | -15.5% | ||
| 2000 | $704.00M | +7.8% | ||
| 1999 | $653.00M | -16.4% | ||
| 1998 | $781.00M | -13.4% | ||
| 1997 | $902.00M | +1.0% | ||
| 1996 | $893.00M | +48.8% | ||
| 1995 | $600.00M | +84.0% | ||
| 1994 | $326.00M | +35.8% | ||
| 1993 | $240.00M | -27.9% | ||
| 1992 | $333.00M | -20.1% | ||
| 1991 | $417.00M | — |
CapEx values are taken from Linde's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Linde (LIN) capital expenditures totalled $5.26B – grew 17.0% year-over-year.
Through 2020–2025 (5 years), Linde capital expenditures delivered a +9.1% annualised rate; sustaining 4 straight years of year-over-year growth.
2025 marks the peak capital expenditures at $5.26B, with the historical low of $240.00M recorded in 1993.
Among 8 Basic Materials peers, Linde (LIN) ranks 2nd; the peer median for capital expenditures is $2.43B.
Linde Capital Expenditures by Year
Linde Capital Expenditures 2025: $5.26B
Linde capital expenditures in 2025 was $5.26B, grew 17.0% from 2024. This figure represents the highest annual value in the available history.
Linde Capital Expenditures 2024: $4.50B
Linde capital expenditures in 2024 was $4.50B, grew 18.7% from 2023.
Linde Capital Expenditures 2023: $3.79B
Linde capital expenditures in 2023 was $3.79B, grew 19.4% from 2022.
Linde Capital Expenditures 2022: $3.17B
Linde capital expenditures in 2022 was $3.17B, edged up 2.8% from 2021.
Linde Capital Expenditures 2021: $3.09B
Linde capital expenditures in 2021 was $3.09B.
See more financial history for Linde (LIN).
Sector peers — CapEx
Companies in the same sector as Linde, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Air Products and Chemicals, Inc. (APD) | $7.02B | Basic Materials |
| Freeport-McMoRan Inc. (FCX) | $4.49B | Basic Materials |
| Newmont Corporation (NEM) | $3.04B | Basic Materials |
| Agnico Eagle Mines Limited (AEM) | $2.56B | Basic Materials |
| CRH plc (CRH) | $2.31B | Basic Materials |
| Southern Copper Corporation (SCCO) | $1.33B | Basic Materials |
| Ecolab Inc. (ECL) | $1.05B | Basic Materials |
| The Sherwin-Williams Company (SHW) | $797.60M | Basic Materials |
Frequently asked questions
What is Linde's capital expenditures?
- Latest reported capital expenditures for Linde (LIN) is $5.26B (period ending December 31, 2025).
How has Linde capital expenditures changed year-over-year?
- Linde (LIN) capital expenditures changed +17.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Linde capital expenditures?
- Linde (LIN) capital expenditures compound annual growth rate is +9.1% over the most recent 5 years available.
When did Linde capital expenditures hit its highest annual value?
- Linde capital expenditures reached its highest annual value of $5.26B in 2025.
What was Linde capital expenditures in 2024?
- Linde (LIN) capital expenditures in 2024 was $4.50B.
What was Linde capital expenditures in 2025?
- Linde (LIN) capital expenditures in 2025 was $5.26B.
Metrics overview
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