What is Linde's SG&A?

Linde (LIN) reported SG&A of $893M in Q1 2026.

How has Linde's SG&A changed year-over-year?

Linde's SG&A increased by 13.6% year-over-year, from $786M to $893M.

What is the long-term trend for Linde's SG&A?

Over 4 years (2021 to 2025), Linde's SG&A has grown at a 1.9% compound annual growth rate (CAGR), from $3.19B to $3.43B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Linde LIN SG&A

SG&A at other companies

Air Products and ChemicalsAPD

$227.2M+2.3%

EntegrisENTG

$117.6M+13.8%

LSB IndustriesLXU

$13.83M+36.2%

Ingersoll RandIR

$370.7M+5.9%

Baker HughesBKR

$562M-2.6%

LEC

Lincoln Electric HoldingsLECO

$210.81M+7.2%

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$239.93B+15.6%

Enterprise value$267.11B+14.4%

P/E33.9×+3.0×

P/S6.9×+0.7×

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

See full

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:SellingGeneralAndAdministrativeExpense.

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 SG&A?: Linde (LIN) reported SG&A of $893M in Q1 2026.
How has Linde's SG&A changed year-over-year?: Linde's SG&A increased by 13.6% year-over-year, from $786M to $893M.
What is the long-term trend for Linde's SG&A?: Over 4 years (2021 to 2025), Linde's SG&A has grown at a 1.9% compound annual growth rate (CAGR), from $3.19B to $3.43B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.