Linde plc Ordinary Shares (LIN)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 38,092,000 | 39,173,000 | 38,179,000 | 38,829,000 | 39,720,000 | 38,898,000 | 39,911,000 | 39,970,000 | 40,028,000 | 37,628,000 | 39,674,000 | 42,963,000 | 44,035,000 | 44,323,000 | 45,777,000 | 46,210,000 | 47,317,000 | 46,175,000 | 45,537,000 | 44,776,000 |
| ROE | 17.23% | 16.29% | 16.76% | 16.25% | 15.61% | 15.38% | 14.26% | 11.23% | 10.36% | 10.22% | 8.95% | 9.36% | 8.69% | 8.05% | 7.19% | 6.29% | 5.29% | 4.86% | 5.00% | 5.23% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $6,565,000K ÷ $38,092,000K
= 17.23%
The return on equity (ROE) of Linde plc Ordinary Shares has shown a fluctuating trend over the analyzed periods. From March 31, 2020, to December 31, 2024, the ROE has increased steadily from 5.23% to 17.23%.
In the initial periods, the ROE remained relatively stable, hovering between 4.86% and 5.29%. However, starting from the first quarter of 2021, there was a noticeable uptrend in the ROE, with significant increases quarter over quarter.
The most significant growth in ROE occurred in the latter periods, with the ROE reaching its peak at 17.23% on December 31, 2024. This demonstrates an improvement in the company's efficiency in using shareholders' equity to generate profit.
Overall, the increasing trend in ROE indicates that Linde plc Ordinary Shares has been able to enhance its profitability and efficiency in utilizing its equity capital over the analyzed periods. This positive trend is generally viewed favorably by investors and stakeholders as it signifies a strong financial performance.
Peer comparison
Dec 31, 2024
See also:
Linde plc Ordinary Shares Return on Equity (ROE) (Quarterly Data)