Linde (LIN) Free Cash Flow (2018 - 2026)
Linde (LIN) posted Free Cash Flow of $833 million for Q2 2026, down 12.7% from $954 million a year earlier and down 7.2% from the prior quarter.
Linde (LIN) Free Cash Flow (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Linde was $4.98 billion, down 1.9% year-over-year; for FY2025, it was $5.09 billion, up 3.3% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of 4.8% (FY2020 to FY2025).
- In prior years, Linde's Free Cash Flow was $4.93 billion in FY2024 (-10.7%), $5.52 billion in FY2023 (-3.0%), $5.69 billion in FY2022 (-14.3%) and $6.64 billion in FY2021 (+64.8%).
- The Q2 2026 figure stands as the lowest quarterly Free Cash Flow since Q2 2024.
- On a year-over-year basis, Free Cash Flow increased in five of the last eight quarters, with growth averaging 1.5%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q4 2021, with growth of 70.1%; the weakest was Q4 2022, with a decline of 51.6%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $898 million (Q1 2026), $1.57 billion (Q4 2025) and $1.67 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 833.00 Mn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 1.30 Bn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 1.24 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 309.50 Mn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | -588.00 Mn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 482.00 Mn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 2.98 Bn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 151.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 63.20 Mn |
| 10 | Ppg Industries | 23.19 Bn | 15.99 Bn | 1.81 Bn | 448.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 833.00 Mn |
| Mar 31, 2026 | 898.00 Mn |
| Dec 31, 2025 | 1.57 Bn |
| Sep 30, 2025 | 1.67 Bn |
| Jun 30, 2025 | 954.00 Mn |
| Mar 31, 2025 | 891.00 Mn |
| Dec 31, 2024 | 1.56 Bn |
| Sep 30, 2024 | 1.67 Bn |
| Jun 30, 2024 | 796.00 Mn |
| Mar 31, 2024 | 906.00 Mn |
| Dec 31, 2023 | 1.58 Bn |
| Sep 30, 2023 | 1.57 Bn |
| Jun 30, 2023 | 1.29 Bn |
| Mar 31, 2023 | 1.08 Bn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 1.87 Bn |
| Jun 30, 2022 | 1.31 Bn |
| Mar 31, 2022 | 1.35 Bn |
| Dec 31, 2021 | 2.39 Bn |
| Sep 30, 2021 | 1.82 Bn |
Linde Free Cash Flow 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=free-cash-flow&ticker=LIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=LIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();