Linde plc (NASDAQ:LIN) reported an EPS of $3.97, beating the estimated $3.94 and showing an 11% increase in adjusted EPS.
The company’s full-year financials reveal steady sales of $33 billion and an operating profit margin of 26.2%, with an adjusted margin improvement to 29.5%.
Linde forecasts first-quarter 2025 adjusted EPS between $3.85 and $3.95, and full-year adjusted EPS growth of 8% to 11%.
Linde plc (NASDAQ:LIN) is the world’s largest industrial gases company, providing essential products and services to various industries. The company operates globally, offering gases and engineering solutions to sectors like healthcare, manufacturing, and energy. Linde competes with other major players in the industrial gases market, such as Air Liquide and Air Products and Chemicals.
On February 6, 2025, Linde reported earnings per share (EPS) of $3.97, surpassing the estimated $3.94. This performance aligns with the company’s fourth-quarter results, where adjusted EPS rose by 11% to $3.97, or 13% excluding foreign exchange impacts. Despite the slight revenue miss of $8.28 billion against the estimated $8.42 billion, Linde’s sales for the quarter were $8.3 billion, with underlying sales up by 2%.
Linde’s full-year 2024 financials show steady sales at $33 billion, with a 2% increase in underlying sales. The company’s operating profit reached $8.6 billion, while the adjusted operating profit rose by 7% to $9.7 billion. The operating profit margin was 26.2%, and the adjusted margin improved by 190 basis points to 29.5%. These figures highlight Linde’s strong operational efficiency and profitability.
The company returned $7.1 billion to shareholders through dividends and share repurchases, reflecting its commitment to shareholder value. Linde’s total project backlog of $10.4 billion indicates a robust pipeline of future projects. The company’s financial ratios, such as a P/E ratio of 33.95 and a debt-to-equity ratio of 0.57, suggest a solid financial position with moderate debt levels.
Looking ahead, Linde expects first-quarter 2025 adjusted EPS to be between $3.85 and $3.95, representing a growth of 7% to 9% excluding foreign exchange impacts. For the full year 2025, the company anticipates adjusted EPS to range from $16.15 to $16.55, indicating an 8% to 11% growth. These projections underscore Linde’s confidence in its continued growth and market leadership.
