Linde (LIN) Acquisitions (2018 - 2026)
Linde (LIN) recorded Acquisitions of $232 million in Q2 2026, up 46.8% from $158 million a year earlier and up 51.6% from the prior quarter.
Linde (LIN) Acquisitions (2018 - 2026) Analysis & Trends
On a TTM basis, Linde's Acquisitions came in at $527 million as of Jun 30, 2026, up 21.1% year-over-year; for FY2025, it came in at $412 million, up 30.0% from FY2024.
- Annual Acquisitions has a five-year compound annual growth rate of 43.4% (FY2020 to FY2025).
- Across earlier years, Acquisitions came in at $317 million in FY2024 (-66.7%), $953 million in FY2023 (+766.4%), $110 million in FY2022 (+25.0%) and $88 million in FY2021 (+29.4%).
- The Q2 2026 figure is the highest quarterly Acquisitions since Q1 2023.
- On a year-over-year basis, Acquisitions rose in six of the last seven quarters, with growth averaging 93.0%.
- Peak year-over-year performance for Acquisitions in the last five years was growth of 484.6% in Q2 2024, against a decline of 86.9% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $153 million (Q1 2026), $19 million (Q4 2025) and $123 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn | 232.00 Mn |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn | - |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn | 64.90 Mn |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn | 88.80 Mn |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn | - |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn | - |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn | 726.00 Mn |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn | - |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn | - |
| 10 | Ppg Industries | 23.55 Bn | 16.36 Bn | 1.81 Bn | 66.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 232.00 Mn |
| Mar 31, 2026 | 153.00 Mn |
| Dec 31, 2025 | 19.00 Mn |
| Sep 30, 2025 | 123.00 Mn |
| Jun 30, 2025 | 158.00 Mn |
| Mar 31, 2025 | 112.00 Mn |
| Dec 31, 2024 | 142.00 Mn |
| Sep 30, 2024 | 23.00 Mn |
| Jun 30, 2024 | 152.00 Mn |
| Dec 31, 2023 | 111.00 Mn |
| Sep 30, 2023 | 8.00 Mn |
| Jun 30, 2023 | 26.00 Mn |
| Mar 31, 2023 | 808.00 Mn |
| Sep 30, 2022 | 61.00 Mn |
| Jun 30, 2022 | 6.00 Mn |
| Mar 31, 2022 | 43.00 Mn |
| Dec 31, 2021 | 57.00 Mn |
| Jun 30, 2021 | 21.00 Mn |
| Mar 31, 2021 | 10.00 Mn |
| Dec 31, 2020 | 27.00 Mn |
Linde Acquisitions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=acquisitions&ticker=LIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "acquisitions", "ticker": "LIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=acquisitions&ticker=LIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();