Linde plc Ordinary Shares (LIN)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 8,635,000 | 8,024,000 | 5,369,000 | 4,984,000 | 3,322,000 |
| Total assets | US$ in thousands | 80,147,000 | 80,811,000 | 79,658,000 | 81,605,000 | 88,229,000 |
| Operating ROA | 10.77% | 9.93% | 6.74% | 6.11% | 3.77% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $8,635,000K ÷ $80,147,000K
= 10.77%
The operating return on assets (ROA) for Linde plc Ordinary Shares has shown a positive trend over the years, increasing from 3.77% as of December 31, 2020, to 10.77% as of December 31, 2024. This uptrend indicates that the company has been effectively utilizing its assets to generate operating profits. The consistent improvement in operating ROA reflects the company's efficiency in managing its operations and optimizing its asset base to generate higher returns. Overall, the increasing trend in operating ROA is a positive indicator of Linde plc's operational performance and asset utilization efficiency.
Peer comparison
Dec 31, 2024