What is Linde's engineering — goodwill?

Linde (LIN) reported engineering — goodwill of $2.58B in Q4 2025.

How has Linde's engineering — goodwill changed year-over-year?

Linde's engineering — goodwill increased by 13.5% year-over-year, from $2.27B to $2.58B.

What does engineering — goodwill mean?

The intangible asset representing the premium paid over the fair value of net identifiable assets during the acquisition of businesses within the engineering segment. It reflects the value of synergies, brand reputation, and specialized engineering expertise.

Linde LIN Engineering — Goodwill

Other segment segments

EMEA

$10.55B+13.5%

Americas

$9.91B+0.7%

APAC

$4.6B+8.0%

Corporate And Other

$285M+4.8%

Similar metrics at other companies

RCMTEngineering — Goodwill

$11.92M0.0%

RIOTEngineering — Goodwill

$25.3M0.0%

TICConsulting Engineering — Goodwill

$519.23M—

WLDNEngineering Consulting Services — Goodwill

$8.71M-6.0%

FULEngineering Adhesives — Goodwill

$608.3M+1.0%

DOVEngineered Products — Goodwill

$425.77M-0.9%

Other financials

Income statement

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Revenue$8.8B+8.2%

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$236.85B+7.6%

Enterprise value$264.03B+7.3%

P/E33.4×+0.7×

P/S6.8×+0.2×

Profitability

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Gross margin48.8%+0.5pp

Operating margin26.5%+0.1pp

Net margin20.4%+0.4pp

FCF margin14.7%-0.2pp

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:Goodwill.

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 engineering — goodwill?: Linde (LIN) reported engineering — goodwill of $2.58B in Q4 2025.
How has Linde's engineering — goodwill changed year-over-year?: Linde's engineering — goodwill increased by 13.5% year-over-year, from $2.27B to $2.58B.
What does engineering — goodwill mean?: The intangible asset representing the premium paid over the fair value of net identifiable assets during the acquisition of businesses within the engineering segment. It reflects the value of synergies, brand reputation, and specialized engineering expertise.