Americas — Variable costs
Business Segments · Variable costsLinde Americas — Variable costs increased by 2.5% to $1.49B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.3%, from $1.35B to $1.49B. Over 3 years (FY 2022 to FY 2025), Americas — Variable costs shows relatively stable performance with a -1.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease relative to sales indicates improved operational efficiency or lower input costs, while an increase may signal rising commodity prices or supply chain inefficiencies.
Detailed definition
This represents the costs that fluctuate directly in proportion to the volume of industrial gases produced and sold with...
Peer comparison
Commonly referred to as 'Cost of Goods Sold' or 'Variable Operating Expenses' in segment reporting.
lin_segment_americas_variable_costsHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.50B | $1.50B | $1.50B | $1.50B | $1.38B | $1.38B | $1.38B | $1.38B | $1.32B | $1.34B | $1.36B | $1.35B | $1.40B | $1.42B | $1.45B | $1.49B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -8.0% | +0.0% | +0.0% | +0.0% | -4.1% | +1.0% | +1.9% | -0.9% | +3.3% | +2.1% | +2.1% | +2.5% |
| YoY Change | — | — | — | — | -8.0% | -8.0% | -8.0% | -8.0% | -4.1% | -3.2% | -1.3% | -2.2% | +5.4% | +6.5% | +6.7% | +10.3% |
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Frequently Asked Questions
- What is Linde's americas — variable costs?
- Linde (LIN) reported americas — variable costs of $1.49B in Q4 2025.
- How has Linde's americas — variable costs changed year-over-year?
- Linde's americas — variable costs increased by 10.3% year-over-year, from $1.35B to $1.49B.
- What is the long-term trend for Linde's americas — variable costs?
- Over 3 years (2022 to 2025), Linde's americas — variable costs has grown at a -1.3% compound annual growth rate (CAGR), from $6.00B to $5.76B.
- What does americas — variable costs mean?
- Operating costs in the Americas that change based on production and sales volume.