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Linde LIN Deferred Credits

Deferred Credits at other companies

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Xcel EnergyXEL
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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:DeferredCreditsAndOtherLiabilities.

The official record: Linde’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Linde's deferred credits?
Linde (LIN) reported deferred credits of $6.84B in Q4 2025.
How has Linde's deferred credits changed year-over-year?
Linde's deferred credits increased by 1.2% year-over-year, from $6.76B to $6.84B.
What is the long-term trend for Linde's deferred credits?
Over 5 years (2020 to 2025), Linde's deferred credits has grown at a -1.1% compound annual growth rate (CAGR), from $7.24B to $6.84B.
What does deferred credits mean?
Income or credits received in advance that will be recognized as revenue in future periods.
How do you interpret deferred credits?
An increase indicates a buildup of future revenue potential, while a decrease suggests the realization of previously deferred income.
How does deferred credits compare across companies?
Companies with long-cycle industrial contracts often utilize deferred credits to manage the timing of revenue recognition.