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Linde LIN Engineering — Sales

Other segment segments

Americas
$4.03B+9.8%
EMEA
$2.17B+6.9%
APAC
$1.7B+10.5%
Other
$367M+18.0%

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MGInfrastructure, Research & Engineering — Revenue
$13.29M+84.0%
Teledyne Technologies logo
TDYEngineered Systems — Net Sales
$119.6M+8.4%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 engineering — sales?
Linde (LIN) reported engineering — sales of $573M in Q1 2026.
How has Linde's engineering — sales changed year-over-year?
Linde's engineering — sales decreased by 4.7% year-over-year, from $601M to $573M.
What is the long-term trend for Linde's engineering — sales?
Over 4 years (2021 to 2025), Linde's engineering — sales has grown at a -1.5% compound annual growth rate (CAGR), from $2.87B to $2.7B.
What does engineering — sales mean?
Represents the total revenue generated by the engineering and construction segment of the business. This includes income from designing, building, and commissioning industrial gas plants and related infrastructure for internal and external customers.