Linde plc Ordinary Shares (LIN)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 6,565,000 | 6,383,000 | 6,398,000 | 6,310,000 | 6,199,000 | 5,984,000 | 5,692,000 | 4,489,000 | 4,147,000 | 3,845,000 | 3,551,000 | 4,020,000 | 3,826,000 | 3,570,000 | 3,291,000 | 2,908,000 | 2,501,000 | 2,242,000 | 2,277,000 | 2,341,000 |
| 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 |
| ROA | 8.19% | 7.73% | 7.98% | 7.85% | 7.67% | 7.69% | 7.23% | 5.59% | 5.21% | 5.17% | 4.56% | 4.86% | 4.69% | 4.24% | 3.90% | 3.42% | 2.83% | 2.57% | 2.65% | 2.77% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $6,565,000K ÷ $80,147,000K
= 8.19%
The return on assets (ROA) of Linde plc Ordinary Shares has exhibited a positive trend over the past few periods, reflecting improvements in the company's ability to generate profits from its assets. From March 31, 2020, where the ROA stood at 2.77%, to December 31, 2024, where it reached 8.19%, there has been a steady increase in ROA, indicating effective asset utilization and profitability.
The ROA experienced fluctuations in the interim periods, with some quarters showing slight decreases, such as in September 30, 2020 (2.57%) and June 30, 2022 (4.56%). However, overall, the trend has been upward, reaching its peak in December 31, 2024.
The most significant improvements in ROA were observed in the latter periods, from March 31, 2023 (5.59%) onwards, with substantial increases recorded in June 30, 2023 (7.23%), September 30, 2023 (7.69%), and December 31, 2023 (7.67%).
The rise in ROA indicates that Linde plc has been effectively using its assets to generate profits, which is a positive indicator for investors and stakeholders. It suggests that the company's operational efficiency and profitability have been on an upward trajectory, reflecting positively on its overall financial performance.
Peer comparison
Dec 31, 2024
See also:
Linde plc Ordinary Shares Return on Assets (ROA) (Quarterly Data)