Linde (LIN) Invested Capital (2017 - 2026)
Linde (LIN) recorded Invested Capital of $67.69 billion in Q3 2026, up 2.6% from $66 billion a year earlier but down 1.4% from the prior quarter.
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Analysis
Linde (LIN) Invested Capital (2017 - 2026) Analysis & Trends
For FY2025, Linde reported Invested Capital of $66.72 billion, up 9.2% from FY2024.
- Annual Invested Capital has increased for three straight years, with a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $61.1 billion in FY2024 (+1.1%), $60.46 billion in FY2023 (+2.0%), $59.29 billion in FY2022 (-0.6%) and $59.64 billion in FY2021 (-9.3%).
- Quarterly Invested Capital has ranged from $54.26 billion in Q3 2022 to $68.63 billion in Q2 2026 over the past five years.
- On a year-over-year basis, Invested Capital has increased for 14 consecutive quarters, with growth averaging 4.9% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 9.2% in Q4 2025, against a decline of 13.1% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $68.63 billion (Q2 2026), $66.4 billion (Q1 2026) and $66.72 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 67.69 Bn |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 22.52 Bn |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 15.77 Bn |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 23.59 Bn |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 38.57 Bn |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 15.47 Bn |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 11.91 Bn |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 3.99 Bn |
| 10 | Dow | 22.79 Bn | 8.23 Bn | 1.38 Bn | 35.17 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 67.69 Bn |
| Jun 30, 2026 | 68.63 Bn |
| Mar 31, 2026 | 66.40 Bn |
| Dec 31, 2025 | 66.72 Bn |
| Sep 30, 2025 | 66.00 Bn |
| Jun 30, 2025 | 65.89 Bn |
| Mar 31, 2025 | 63.35 Bn |
| Dec 31, 2024 | 61.10 Bn |
| Sep 30, 2024 | 62.85 Bn |
| Jun 30, 2024 | 61.06 Bn |
| Mar 31, 2024 | 60.54 Bn |
| Dec 31, 2023 | 60.46 Bn |
| Sep 30, 2023 | 58.23 Bn |
| Jun 30, 2023 | 58.73 Bn |
| Mar 31, 2023 | 60.10 Bn |
| Dec 31, 2022 | 59.29 Bn |
| Sep 30, 2022 | 54.26 Bn |
| Jun 30, 2022 | 57.07 Bn |
| Mar 31, 2022 | 60.83 Bn |
| Dec 31, 2021 | 59.64 Bn |
API Access
Linde Invested Capital 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=invested-capital&ticker=LIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=LIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();