Linde plc Ordinary Shares (LIN)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 8,633,000 | 8,391,000 | 8,357,000 | 8,186,000 | 8,024,000 | 7,683,000 | 7,244,000 | 5,822,000 | 5,369,000 | 5,019,000 | 4,698,000 | 5,251,000 | 4,984,000 | 4,676,000 | 4,353,000 | 3,802,000 | 3,322,000 | 2,948,000 | 2,979,000 | 3,057,000 |
| Total assets | US$ in thousands | 80,147,000 | 82,546,000 | 80,215,000 | 80,347,000 | 80,811,000 | 77,827,000 | 78,718,000 | 80,308,000 | 79,658,000 | 74,323,000 | 77,885,000 | 82,767,000 | 81,605,000 | 84,191,000 | 84,345,000 | 84,993,000 | 88,229,000 | 87,209,000 | 85,856,000 | 84,369,000 |
| Operating ROA | 10.77% | 10.17% | 10.42% | 10.19% | 9.93% | 9.87% | 9.20% | 7.25% | 6.74% | 6.75% | 6.03% | 6.34% | 6.11% | 5.55% | 5.16% | 4.47% | 3.77% | 3.38% | 3.47% | 3.62% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $8,633,000K ÷ $80,147,000K
= 10.77%
Operating Return on Assets (Operating ROA) measures a company's efficiency in generating operating income from its assets. Looking at the historical trend for Linde plc Ordinary Shares, we observe a steady increase in the operating ROA from 3.62% on March 31, 2020, to 10.77% on December 31, 2024. This indicates an improvement in the company's ability to generate earnings relative to its asset base over this period.
The operating ROA showed consistent growth over the years, with a notable acceleration in the latter half of 2023 and into 2024. This significant increase in operating ROA signals an enhancement in operational efficiency and profitability, suggesting that Linde plc has been more effective in utilizing its assets to generate operating income.
Overall, the upward trajectory of Linde plc's operating ROA highlights a positive trend in the company's operational performance and asset utilization, demonstrating its ability to drive profitability through efficient management of its assets.
Peer comparison
Dec 31, 2024