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Linde LIN Contract Assets

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Other financials

Income statement

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Revenue$8.8B+8.3%
Gross profit$4.3B+7.7%
Operating income$2.4B+11.7%
Net income$1.9B+11.0%
EPS (diluted)$3.98+13.4%

Balance sheet

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Cash & equivalents$4.0B-25.2%
Total debt$31.1B+9.8%
Total equity$38.6B+1.4%
Total assets$86.3B+4.4%

Cash flow

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Operating cash flow$2.2B+3.7%
CapEx$1.3B+5.7%
Free cash flow$898.0M+0.8%

Valuation

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Market cap$236.79B+4.3%
Enterprise value$263.97B+5.6%
P/E33.4×-0.9×
P/S6.8×0.0×

Profitability

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Gross margin48.8%+0.5pp
Operating margin26.5%+0.1pp
Net margin20.4%+0.4pp

Returns & leverage

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Return on equity18.5%+1.3pp
Debt / equity0.8×+0.1×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by Linde in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: Linde’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Linde's contract assets?
Linde (LIN) reported contract assets of $321M in Q1 2026.
How has Linde's contract assets changed year-over-year?
Linde's contract assets increased by 9.6% year-over-year, from $293M to $321M.
What is the long-term trend for Linde's contract assets?
Over 5 years (2020 to 2025), Linde's contract assets has grown at a 10.7% compound annual growth rate (CAGR), from $162M to $269M.
What does contract assets mean?
Revenue recognized for work performed that has not yet been billed to the customer.
How do you interpret contract assets?
An increase indicates significant ongoing project activity, while a decrease suggests the transition of projects into billed receivables.
How does contract assets compare across companies?
Common in capital-intensive industries with long-term service or construction contracts.