Linde plc
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $6.90B | $6.57B | $6.20B | $4.15B | $3.83B | $2.50B | $2.29B | $4.38B |
| Depreciation & Amortization | $3.76B | $3.78B | $3.82B | $4.20B | $4.64B | $4.63B | $4.68B | $1.83B |
| Depreciation | $3.25B | $3.23B | $3.27B | $3.63B | $3.91B | $3.86B | $3.94B | $1.62B |
| Amortization | $517.0M | $554.0M | $550.0M | $571.0M | $723.0M | $765.0M | $735.0M | $215.0M |
| Stock-Based Compensation | — | — | — | $107.0M | $128.0M | $133.0M | $95.0M | $62.0M |
| Net Cash from Operating Activities | $10.35B | $9.42B | $9.31B | $8.86B | $9.73B | $7.43B | $6.12B | $3.65B |
| Investing Activities | ||||||||
| Capital Expenditures | $5.26B | $4.50B | $3.79B | $3.17B | $3.09B | $3.40B | $3.68B | $1.88B |
| Business Acquisitions | $412.0M | $317.0M | $953.0M | $110.0M | $88.0M | $68.0M | $225.0M | $25.0M |
| Net Cash from Investing Activities | $-5.72B | $-4.64B | $-4.67B | $-3.09B | $-3.01B | $-2.99B | — | $5.36B |
| Financing Activities | ||||||||
| Dividends Paid | $2.81B | $2.66B | $2.48B | $2.34B | $2.19B | $2.03B | $1.89B | $1.17B |
| Stock Repurchases | $4.60B | $4.48B | $3.96B | $5.17B | $4.61B | $2.46B | $2.66B | $599.0M |
| Net Cash from Financing Activities | $-4.55B | $-4.36B | $-5.40B | $-3.09B | $-7.59B | $-3.35B | — | $-5.00B |
| Net Change in Cash | $206.0M | $186.0M | $-772.0M | $2.61B | $-931.0M | $1.05B | $-1.75B | $3.99B |
| Free Cash Flow | $5.09B | $4.93B | $5.52B | $5.69B | $6.64B | $4.03B | $2.44B | $1.77B |