Linde Plc
Linde Plc returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 11.67% | 13.06% | 19.67% | 18.67% | 8.31% | 4 pp |
| FY 2026 Q1 | Mar 31, 2026 | 11.82% | 13.19% | 10.52% | 18.49% | 8.38% | 4.1 pp |
| FY 2025 Q4 | Dec 31, 2025 | 11.75% | 13.01% | 5.74% | 18.07% | 8.26% | 4.1 pp |
| FY 2025 Q3 | Sep 30, 2025 | 11.96% | 13.27% | 17.9% | 18.24% | 8.42% | 4.3 pp |
| FY 2025 Q2 | Jun 30, 2025 | 11.52% | 12.88% | 7.35% | 17.51% | 8.07% | 3.8 pp |
| FY 2025 Q1 | Mar 31, 2025 | 11.71% | 13% | 14.18% | 17.2% | 8.11% | 4 pp |
| FY 2024 Q4 | Dec 31, 2024 | 11.81% | 13.21% | 90.97% | 16.87% | 8.16% | 4.1 pp |
| FY 2024 Q3 | Sep 30, 2024 | 11.51% | 12.7% | 14.97% | 16.35% | 7.96% | 3.8 pp |
| FY 2024 Q2 | Jun 30, 2024 | 11.49% | 12.77% | 76.64% | 16.39% | 8.05% | 3.8 pp |
| FY 2024 Q1 | Mar 31, 2024 | 11.42% | 12.74% | 358.23% | 16.02% | 7.86% | 3.7 pp |
| FY 2023 Q4 | Dec 31, 2023 | 11.31% | 12.51% | 114.59% | 15.55% | 7.73% | 3.6 pp |
| FY 2023 Q3 | Sep 30, 2023 | 11.34% | 12.5% | 59.26% | 15.64% | 7.87% | 3.6 pp |
| FY 2023 Q2 | Jun 30, 2023 | 10.32% | 11.43% | 111.78% | 14.3% | 7.27% | 2.6 pp |
| FY 2023 Q1 | Mar 31, 2023 | 7.82% | 8.9% | — | 10.83% | 5.51% | 0.1 pp |
| FY 2022 Q4 | Dec 31, 2022 | 7.19% | 8.19% | — | 9.87% | 5.14% | -0.5 pp |
| FY 2022 Q3 | Sep 30, 2022 | 6.79% | 7.8% | — | 9.38% | 4.85% | -0.9 pp |
| FY 2022 Q2 | Jun 30, 2022 | 6.07% | 7.1% | — | 8.31% | 4.38% | -1.6 pp |
| FY 2022 Q1 | Mar 31, 2022 | 6.79% | 7.6% | — | 9.02% | 4.79% | -0.9 pp |
| FY 2021 Q4 | Dec 31, 2021 | 6.31% | 7% | — | 8.38% | 4.51% | -1.4 pp |
| FY 2021 Q3 | Sep 30, 2021 | 5.93% | 6.59% | — | 7.89% | 4.17% | -1.8 pp |
| FY 2021 Q2 | Jun 30, 2021 | 5.42% | 6.2% | — | 7.21% | 3.87% | -2.3 pp |
| FY 2021 Q1 | Mar 31, 2021 | 4.81% | 5.48% | — | 6.39% | 3.43% | -2.9 pp |
| FY 2020 Q4 | Dec 31, 2020 | 3.99% | 4.46% | — | 5.19% | 2.86% | -3.7 pp |
| FY 2020 Q3 | Sep 30, 2020 | 3.58% | 4.04% | — | 4.71% | 2.61% | -4.1 pp |
| FY 2020 Q2 | Jun 30, 2020 | 3.54% | 4.04% | — | 4.74% | 2.63% | -4.2 pp |
| FY 2020 Q1 | Mar 31, 2020 | 3.64% | 4.09% | — | 4.88% | 2.66% | -4.1 pp |
| FY 2019 Q4 | Dec 31, 2019 | — | — | — | — | — | — |
| FY 2019 Q3 | Sep 30, 2019 | — | — | — | — | — | — |
| FY 2019 Q2 | Jun 30, 2019 | — | — | — | — | — | — |
| FY 2019 Q1 | Mar 31, 2019 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · LIN, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.