Linde Reports Robust Third-Quarter 2025 Financial Results

Linde plc has announced strong financial results for the third quarter of 2025, with a 3% year-over-year increase in sales, reaching $8.6 billion. The company's operating profit rose to $2.4 billion, with an adjusted figure of $2.6 billion, marking a 3% increase. The operating profit margin stood at 27.5%, while the adjusted margin advanced to 29.7%.

Earnings per share (EPS) saw significant growth, with a rise of 27% to $4.09, and adjusted EPS increased by 7% to $4.21. Linde achieved an 8% year-over-year growth in operating cash flow, amounting to $2.9 billion.

CEO Sanjiv Lamba expressed caution about short-term industrial recovery but remains confident in Linde's long-term strategy. For 2025, Linde projects its adjusted EPS to grow by 5% to 6%, amidst maintaining a steady capital allocation policy.

Segment-wise, the Americas led with a 6% sales increase to $3.8 billion. In contrast, Linde Engineering faced a 15% decline in sales, totaling $519 million.