Operating Income for Linde (LIN)
According to Linde's latest reported financial statements, the company's current operating income (TTM) is $8.94B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

LIN
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$8.94B
YoY change
+4.0%
5Y CAGR
+18.1%
Peak year (2025)
$8.94B
Cumulative operating income
$84.72B
Operating Income history chart for Linde (LIN) from 1991 to 2025
Operating Income history table for Linde (LIN) from 1991 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $8.94B | +4.0% | ||
| 2024 | $8.60B | +6.0% | ||
| 2023 | $8.11B | +25.5% | ||
| 2022 | $6.46B | +22.3% | ||
| 2021 | $5.28B | +35.8% | ||
| 2020 | $3.89B | +19.0% | ||
| 2019 | $3.27B | +45.6% | ||
| 2018 | $2.24B | -10.0% | ||
| 2017 | $2.49B | +7.6% | ||
| 2016 | $2.31B | -6.3% | ||
| 2015 | $2.47B | -9.1% | ||
| 2014 | $2.72B | +2.0% | ||
| 2013 | $2.66B | +8.3% | ||
| 2012 | $2.46B | -0.1% | ||
| 2011 | $2.46B | +13.9% | ||
| 2010 | $2.16B | +12.8% | ||
| 2009 | $1.92B | -6.2% | ||
| 2008 | $2.04B | +14.5% | ||
| 2007 | $1.78B | +21.1% | ||
| 2006 | $1.47B | +15.6% | ||
| 2005 | $1.27B | +17.5% | ||
| 2004 | $1.08B | +17.5% | ||
| 2003 | $922.00M | -0.1% | ||
| 2002 | $923.00M | +15.4% | ||
| 2001 | $800.00M | +13.2% | ||
| 2000 | $707.00M | -6.2% | ||
| 1999 | $754.00M | -10.6% | ||
| 1998 | $843.00M | +0.6% | ||
| 1997 | $838.00M | +18.9% | ||
| 1996 | $705.00M | +32.3% | ||
| 1995 | $533.00M | +14.9% | ||
| 1994 | $464.00M | +36.9% | ||
| 1993 | $339.00M | -20.8% | ||
| 1992 | $428.00M | +13.8% | ||
| 1991 | $376.00M | — |
Operating Income values are taken from Linde's reported income 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
The 2025 reading of Linde (LIN) operating income is $8.94B – edged up 4.0% year-over-year.
Through 2020–2025 (5 years), Linde operating income delivered a +18.1% annualised rate; sustaining 7 straight years of year-over-year growth.
$8.94B stands as the all-time-high annual operating income, posted in 2025, against a low of $339.00M during 1993.
Linde (LIN) sits 2nd of 8 Basic Materials peers we track on this metric, against a peer median of $5.41B.
Linde Operating Income by Year
Linde Operating Income 2025: $8.94B
Linde operating income in 2025 was $8.94B, edged up 4.0% from 2024. This figure represents the highest annual value in the available history.
Linde Operating Income 2024: $8.60B
Linde operating income in 2024 was $8.60B, grew 6.0% from 2023.
Linde Operating Income 2023: $8.11B
Linde operating income in 2023 was $8.11B, grew 25.5% from 2022.
Linde Operating Income 2022: $6.46B
Linde operating income in 2022 was $6.46B, grew 22.3% from 2021.
Linde Operating Income 2021: $5.28B
Linde operating income in 2021 was $5.28B.
See more financial history for Linde (LIN).
Sector peers — Operating Income
Companies in the same sector as Linde, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Newmont Corporation (NEM) | $10.35B | Basic Materials |
| Southern Copper Corporation (SCCO) | $7.00B | Basic Materials |
| Agnico Eagle Mines Limited (AEM) | $6.33B | Basic Materials |
| Freeport-McMoRan Inc. (FCX) | $6.29B | Basic Materials |
| CRH plc (CRH) | $4.53B | Basic Materials |
| The Sherwin-Williams Company (SHW) | $3.80B | Basic Materials |
| Ecolab Inc. (ECL) | $2.91B | Basic Materials |
| Air Products and Chemicals, Inc. (APD) | -$877.00M | Basic Materials |
Frequently asked questions
What is Linde's operating income?
- Latest reported operating income for Linde (LIN) is $8.94B (period ending December 31, 2025).
How has Linde operating income changed year-over-year?
- Linde (LIN) operating income changed +4.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Linde operating income?
- Linde (LIN) operating income compound annual growth rate is +18.1% over the most recent 5 years available.
When did Linde operating income hit its highest annual value?
- Linde operating income reached its highest annual value of $8.94B in 2025.
What was Linde operating income in 2024?
- Linde (LIN) operating income in 2024 was $8.60B.
What was Linde operating income in 2025?
- Linde (LIN) operating income in 2025 was $8.94B.
Metrics overview
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