63/100B524.83
USD
2.94
(0.56%)
Market Open
Last updated: · Delayed 15 min
Fair value512.08Plus+2%393Price 524.83691
Q4 FY2026 · Earnings report
EPS estimate 4.50Revenue estimate 9.24B
Q4 FY2026 · Earnings report
EPS estimate 4.50Revenue estimate 9.24B
Linde total debt 1991–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Linde's total debt was 26.70B USD on 30 September 2026, up 3.0% on a year before. At the end of fiscal year 2025 it was 26.99B USD.
Last updated 9 Nov 2026 · Next report 4 Feb 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 26.70B | +3.00% | 3.95B | -22.76B | 0.68 |
| FY2025 | 31 Dec 2025 | 26.99B | +19.37% | 5.06B | -21.93B | 0.71 |
| FY2024 | 31 Dec 2024 | 22.61B | +11.29% | 4.85B | -17.76B | 0.59 |
| FY2023 | 31 Dec 2023 | 20.32B | +8.11% | 4.66B | -15.65B | 0.51 |
| FY2022 | 31 Dec 2022 | 18.79B | +23.50% | 5.44B | -13.36B | 0.47 |
| FY2021 | 31 Dec 2021 | 15.22B | -11.65% | 2.82B | -12.39B | 0.35 |
| FY2020 | 31 Dec 2020 | 17.22B | +15.34% | 3.75B | -13.47B | 0.36 |
| FY2019 | 31 Dec 2019 | 14.93B | -2.38% | 2.70B | -12.23B | 0.30 |
| FY2018 | 31 Dec 2018 | 15.30B | +69.96% | 4.47B | -10.83B | 0.30 |
| FY2017 | 31 Dec 2017 | 9.00B | -5.41% | 617.00M | -8.38B | 1.50 |
| FY2016 | 31 Dec 2016 | 9.52B | +3.08% | 524.00M | -8.99B | 1.90 |
| FY2015 | 31 Dec 2015 | 9.23B | -0.29% | 147.00M | -9.08B | 2.10 |
| FY2014 | 31 Dec 2014 | 9.26B | +5.07% | 126.00M | -9.13B | 1.65 |
| FY2013 | 31 Dec 2013 | 8.81B | +19.68% | 138.00M | -8.67B | 1.33 |
| FY2012 | 31 Dec 2012 | 7.36B | +12.19% | 157.00M | -7.21B | 1.21 |
| FY2011 | 31 Dec 2011 | 6.56B | +18.09% | 90.00M | -6.47B | 1.20 |
| FY2010 | 31 Dec 2010 | 5.56B | +9.93% | 39.00M | -5.52B | 0.96 |
| FY2009 | 31 Dec 2009 | 5.06B | +0.60% | 45.00M | -5.01B | 0.95 |
| FY2008 | 31 Dec 2008 | 5.03B | +19.87% | 32.00M | -4.99B | 1.25 |
| FY2007 | 31 Dec 2007 | 4.19B | +32.37% | 17.00M | -4.18B | 0.82 |
| FY2006 | 31 Dec 2006 | 3.17B | -8.12% | 36.00M | -3.13B | 0.70 |
| FY2005 | 31 Dec 2005 | 3.45B | -2.21% | 173.00M | -3.27B | 0.88 |
| FY2004 | 31 Dec 2004 | 3.53B | +25.18% | 25.00M | -3.50B | 0.98 |
| FY2003 | 31 Dec 2003 | 2.82B | +2.47% | 50.00M | -2.77B | 0.91 |
| FY2002 | 31 Dec 2002 | 2.75B | -8.06% | 39.00M | -2.71B | 1.17 |
| FY2001 | 31 Dec 2001 | 2.99B | -4.84% | 39.00M | -2.95B | 1.21 |
| FY2000 | 31 Dec 2000 | 3.14B | +4.87% | 31.00M | -3.11B | 1.32 |
| FY1999 | 31 Dec 1999 | 3.00B | -8.52% | 76.00M | -2.92B | 1.27 |
| FY1998 | 31 Dec 1998 | 3.27B | -0.94% | 34.00M | -3.24B | 1.36 |
| FY1997 | 31 Dec 1997 | 3.31B | +1.23% | 43.00M | -3.26B | 1.50 |
| FY1996 | 31 Dec 1996 | 3.27B | +147.72% | 63.00M | -3.20B | 1.63 |
| FY1995 | 31 Dec 1995 | 1.32B | +4.19% | 15.00M | -1.30B | 1.18 |
| FY1994 | 31 Dec 1994 | 1.27B | -6.99% | 63.00M | -1.20B | 1.51 |
| FY1993 | 31 Dec 1993 | 1.36B | -6.34% | 34.00M | -1.33B | 2.14 |
| FY1992 | 31 Dec 1992 | 1.45B | +155.63% | 24.00M | -1.43B | 2.67 |
| FY1991 | 31 Dec 1991 | 568.00M | — | 82.00M | -486.00M | 0.87 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 26.70B | +3.00% | 3.95B | -22.76B | 0.68 |
| Q2 FY2026 | 30 Jun 2026 | 28.01B | +8.07% | 4.90B | -23.12B | 0.72 |
| Q1 FY2026 | 31 Mar 2026 | 26.32B | +10.13% | 3.96B | -22.36B | 0.68 |
| Q4 FY2025 | 31 Dec 2025 | 26.99B | +19.37% | 5.06B | -21.93B | 0.71 |
| Q3 FY2025 | 30 Sept 2025 | 25.93B | +16.45% | 4.51B | -21.42B | 0.67 |
| Q2 FY2025 | 30 Jun 2025 | 25.92B | +20.46% | 4.79B | -21.13B | 0.67 |
| Q1 FY2025 | 31 Mar 2025 | 23.90B | +17.61% | 5.29B | -18.60B | 0.63 |
| Q4 FY2024 | 31 Dec 2024 | 22.61B | +11.29% | 4.85B | -17.76B | 0.59 |
| Q3 FY2024 | 30 Sept 2024 | 22.26B | +23.66% | 5.19B | -17.08B | 0.57 |
| Q2 FY2024 | 30 Jun 2024 | 21.52B | +23.03% | 4.63B | -16.89B | 0.56 |
| Q1 FY2024 | 31 Mar 2024 | 20.32B | +8.21% | 4.85B | -15.47B | 0.52 |
| Q4 FY2023 | 31 Dec 2023 | 20.32B | +8.11% | 4.66B | -15.65B | 0.51 |
| Q3 FY2023 | 30 Sept 2023 | 18.00B | +17.38% | 3.89B | -14.11B | 0.46 |
| Q2 FY2023 | 30 Jun 2023 | 17.49B | +9.02% | 3.36B | -14.13B | 0.44 |
| Q1 FY2023 | 31 Mar 2023 | 18.78B | +14.10% | 4.96B | -13.82B | 0.47 |
| Q4 FY2022 | 31 Dec 2022 | 18.79B | +23.50% | 5.44B | -13.36B | 0.47 |
| Q3 FY2022 | 30 Sept 2022 | 15.34B | -8.30% | 3.76B | -11.58B | 0.41 |
| Q2 FY2022 | 30 Jun 2022 | 16.04B | +3.56% | 3.66B | -12.39B | 0.40 |
| Q1 FY2022 | 31 Mar 2022 | 16.46B | +4.48% | 4.46B | -11.99B | 0.38 |
| Q4 FY2021 | 31 Dec 2021 | 15.22B | -11.65% | 2.82B | -12.39B | 0.35 |
| Q3 FY2021 | 30 Sept 2021 | 16.73B | -6.04% | 4.70B | -12.03B | 0.38 |
| Q2 FY2021 | 30 Jun 2021 | 15.49B | -11.37% | 3.14B | -12.36B | 0.34 |
| Q1 FY2021 | 31 Mar 2021 | 15.75B | -6.67% | 4.10B | -11.65B | 0.34 |
| Q4 FY2020 | 31 Dec 2020 | 17.22B | +15.34% | 3.75B | -13.47B | 0.36 |
| Q3 FY2020 | 30 Sept 2020 | 17.80B | +25.50% | 5.20B | -12.60B | 0.39 |
| Q2 FY2020 | 30 Jun 2020 | 17.48B | +25.24% | 4.94B | -12.54B | 0.38 |
| Q1 FY2020 | 31 Mar 2020 | 16.88B | +19.29% | 4.01B | -12.86B | 0.38 |
| Q4 FY2019 | 31 Dec 2019 | 14.93B | -2.38% | 2.70B | -12.23B | 0.30 |
| Q3 FY2019 | 30 Sept 2019 | 14.19B | +70.67% | 2.12B | -12.07B | 0.29 |
| Q2 FY2019 | 30 Jun 2019 | 13.96B | +65.02% | 2.69B | -11.27B | 0.28 |
| Q1 FY2019 | 31 Mar 2019 | 14.15B | +59.99% | 5.79B | -8.36B | 0.28 |
| Q4 FY2018 | 31 Dec 2018 | 15.30B | +69.96% | 4.47B | -10.83B | 0.30 |
| Q3 FY2018 | 30 Sept 2018 | 8.31B | -10.01% | 600.00M | -7.71B | 1.33 |
| Q2 FY2018 | 30 Jun 2018 | 8.46B | -9.70% | 479.00M | -7.98B | 1.40 |
| Q1 FY2018 | 31 Mar 2018 | 8.84B | -5.61% | 545.00M | -8.30B | 1.39 |
| Q4 FY2017 | 31 Dec 2017 | 9.00B | -5.41% | 617.00M | -8.38B | 1.50 |
| Q3 FY2017 | 30 Sept 2017 | 9.24B | -6.15% | 607.00M | -8.63B | 1.48 |
| Q2 FY2017 | 30 Jun 2017 | 9.37B | -5.92% | 535.00M | -8.83B | 1.61 |
| Q1 FY2017 | 31 Mar 2017 | 9.37B | -0.38% | 519.00M | -8.85B | 1.69 |
| Q4 FY2016 | 31 Dec 2016 | 9.52B | +3.08% | 524.00M | -8.99B | 1.90 |
| Q3 FY2016 | 30 Sept 2016 | 9.84B | +3.41% | 627.00M | -9.22B | 1.88 |
| Q2 FY2016 | 30 Jun 2016 | 9.96B | +6.52% | 567.00M | -9.39B | 1.94 |
| Q1 FY2016 | 31 Mar 2016 | 9.40B | +0.09% | 221.00M | -9.18B | 1.92 |
| Q4 FY2015 | 31 Dec 2015 | 9.23B | -0.29% | 147.00M | -9.08B | 2.10 |
| Q3 FY2015 | 30 Sept 2015 | 9.52B | +4.34% | 136.00M | -9.38B | 2.23 |
| Q2 FY2015 | 30 Jun 2015 | 9.35B | +1.99% | 136.00M | -9.21B | 1.88 |
| Q1 FY2015 | 31 Mar 2015 | 9.40B | +1.36% | 117.00M | -9.28B | 1.87 |
| Q4 FY2014 | 31 Dec 2014 | 9.26B | +5.07% | 126.00M | -9.13B | 1.65 |
| Q3 FY2014 | 30 Sept 2014 | 9.12B | +1.05% | 168.00M | -8.95B | 1.39 |
| Q2 FY2014 | 30 Jun 2014 | 9.17B | +0.65% | 173.00M | -8.99B | 1.33 |
| Q1 FY2014 | 31 Mar 2014 | 9.27B | +6.85% | 144.00M | -9.13B | 1.40 |
| Q4 FY2013 | 31 Dec 2013 | 8.81B | +19.68% | 138.00M | -8.67B | 1.33 |
| Q3 FY2013 | 30 Sept 2013 | 9.03B | +26.49% | 134.00M | -8.89B | 1.45 |
| Q2 FY2013 | 30 Jun 2013 | 9.11B | +30.18% | 102.00M | -9.00B | 1.54 |
| Q1 FY2013 | 31 Mar 2013 | 8.68B | +26.55% | 113.00M | -8.56B | 1.41 |
| Q4 FY2012 | 31 Dec 2012 | 7.36B | +12.19% | 157.00M | -7.21B | 1.21 |
| Q3 FY2012 | 30 Sept 2012 | 7.14B | +13.09% | 108.00M | -7.03B | 1.19 |
| Q2 FY2012 | 30 Jun 2012 | 7.00B | +14.32% | 104.00M | -6.89B | 1.25 |
| Q1 FY2012 | 31 Mar 2012 | 6.86B | +17.44% | 107.00M | -6.75B | 1.15 |
| Q4 FY2011 | 31 Dec 2011 | 6.56B | +18.09% | 90.00M | -6.47B | 1.20 |
| Q3 FY2011 | 30 Sept 2011 | 6.31B | +24.29% | 125.00M | -6.19B | 1.10 |
| Q2 FY2011 | 30 Jun 2011 | 6.12B | +21.75% | 80.00M | -6.04B | 0.96 |
| Q1 FY2011 | 31 Mar 2011 | 5.84B | +8.03% | 86.00M | -5.75B | 0.95 |
| Q4 FY2010 | 31 Dec 2010 | 5.56B | +9.93% | 39.00M | -5.52B | 0.96 |
| Q3 FY2010 | 30 Sept 2010 | 5.08B | -3.02% | 71.00M | -5.01B | 0.85 |
| Q2 FY2010 | 30 Jun 2010 | 5.03B | -1.59% | 48.00M | -4.98B | 0.92 |
| Q1 FY2010 | 31 Mar 2010 | 5.40B | +7.12% | 376.00M | -5.03B | 1.00 |
| Q4 FY2009 | 31 Dec 2009 | 5.06B | +0.60% | 45.00M | -5.01B | 0.95 |
| Q3 FY2009 | 30 Sept 2009 | 5.24B | +5.89% | 65.00M | -5.17B | 1.03 |
| Q2 FY2009 | 30 Jun 2009 | 5.11B | +11.12% | 33.00M | -5.07B | 1.10 |
| Q1 FY2009 | 31 Mar 2009 | 5.05B | +10.30% | 54.00M | -4.99B | 1.24 |
| Q4 FY2008 | 31 Dec 2008 | 5.03B | +19.87% | 32.00M | -4.99B | 1.25 |
| Q3 FY2008 | 30 Sept 2008 | 4.94B | +23.51% | 24.00M | -4.92B | 1.01 |
| Q2 FY2008 | 30 Jun 2008 | 4.60B | +24.22% | 27.00M | -4.57B | 0.81 |
| Q1 FY2008 | 31 Mar 2008 | 4.57B | +22.43% | 21.00M | -4.55B | 0.88 |
| Q4 FY2007 | 31 Dec 2007 | 4.19B | +32.37% | 17.00M | -4.18B | 0.82 |
| Q3 FY2007 | 30 Sept 2007 | 4.00B | +26.12% | 26.00M | -3.98B | 0.82 |
| Q2 FY2007 | 30 Jun 2007 | 3.70B | +7.12% | 22.00M | -3.68B | 0.76 |
| Q1 FY2007 | 31 Mar 2007 | 3.74B | +9.62% | 26.00M | -3.71B | 0.84 |
| Q4 FY2006 | 31 Dec 2006 | 3.17B | -8.12% | 36.00M | -3.13B | 0.70 |
| Q3 FY2006 | 30 Sept 2006 | 3.17B | -3.00% | 22.00M | -3.15B | 0.71 |
| Q2 FY2006 | 30 Jun 2006 | 3.45B | +3.82% | 21.00M | -3.43B | 0.81 |
| Q1 FY2006 | 31 Mar 2006 | 3.41B | -1.19% | 32.00M | -3.38B | 0.83 |
| Q4 FY2005 | 31 Dec 2005 | 3.45B | -2.21% | 173.00M | -3.27B | 0.88 |
| Q3 FY2005 | 30 Sept 2005 | 3.27B | +13.34% | 19.00M | -3.25B | 0.84 |
| Q2 FY2005 | 30 Jun 2005 | 3.33B | +10.13% | 28.00M | -3.30B | 0.87 |
| Q1 FY2005 | 31 Mar 2005 | 3.45B | +21.32% | 26.00M | -3.42B | 0.94 |
| Q4 FY2004 | 31 Dec 2004 | 3.53B | +25.18% | 25.00M | -3.50B | 0.98 |
| Q3 FY2004 | 30 Sept 2004 | 2.89B | -2.40% | 22.00M | -2.87B | 0.86 |
| Q2 FY2004 | 30 Jun 2004 | 3.02B | +2.34% | 23.00M | -3.00B | 0.95 |
| Q1 FY2004 | 31 Mar 2004 | 2.84B | +3.68% | 37.00M | -2.81B | 0.91 |
| Q4 FY2003 | 31 Dec 2003 | 2.82B | +2.47% | 50.00M | -2.77B | 0.91 |
| Q3 FY2003 | 30 Sept 2003 | 2.96B | +2.89% | 46.00M | -2.91B | 1.03 |
| Q2 FY2003 | 30 Jun 2003 | 2.95B | -2.32% | 54.00M | -2.90B | 1.03 |
| Q1 FY2003 | 31 Mar 2003 | 2.74B | -8.87% | 58.00M | -2.68B | 1.11 |
| Q4 FY2002 | 31 Dec 2002 | 2.75B | -8.06% | 39.00M | -2.71B | 1.17 |
| Q3 FY2002 | 30 Sept 2002 | 2.88B | -9.45% | 44.00M | -2.83B | 1.30 |
| Q2 FY2002 | 30 Jun 2002 | 3.02B | -5.15% | 32.00M | -2.99B | 1.30 |
| Q1 FY2002 | 31 Mar 2002 | 3.01B | -6.61% | 38.00M | -2.97B | 1.17 |
| Q4 FY2001 | 31 Dec 2001 | 2.99B | -4.84% | 39.00M | -2.95B | 1.21 |
| Q3 FY2001 | 30 Sept 2001 | 3.18B | -2.10% | 30.00M | -3.15B | 1.37 |
| Q2 FY2001 | 30 Jun 2001 | 3.19B | -6.32% | 46.00M | -3.14B | 1.31 |
| Q1 FY2001 | 31 Mar 2001 | 3.22B | +4.75% | 43.00M | -3.18B | 1.36 |
| Q4 FY2000 | 31 Dec 2000 | 3.14B | +4.87% | 31.00M | -3.11B | 1.32 |
| Q3 FY2000 | 30 Sept 2000 | 3.24B | +9.78% | 31.00M | -3.21B | 1.34 |
| Q2 FY2000 | 30 Jun 2000 | 3.40B | +14.63% | 25.00M | -3.38B | 1.44 |
| Q1 FY2000 | 31 Mar 2000 | 3.08B | -0.52% | 25.00M | -3.05B | 1.29 |
| Q4 FY1999 | 31 Dec 1999 | 3.00B | -8.52% | 76.00M | -2.92B | 1.27 |
| Q3 FY1999 | 30 Sept 1999 | 2.95B | -11.87% | 35.00M | -2.92B | 1.32 |
| Q2 FY1999 | 30 Jun 1999 | 2.97B | -15.54% | 45.00M | -2.92B | 1.33 |
| Q1 FY1999 | 31 Mar 1999 | 3.09B | -10.35% | 28.00M | -3.06B | 1.45 |
| Q4 FY1998 | 31 Dec 1998 | 3.27B | -0.94% | 34.00M | -3.24B | 1.36 |
| Q3 FY1998 | 30 Sept 1998 | 3.35B | +1.73% | 40.00M | -3.31B | 1.44 |
| Q2 FY1998 | 30 Jun 1998 | 3.51B | +12.02% | 31.00M | -3.48B | 1.54 |
| Q1 FY1998 | 31 Mar 1998 | 3.45B | +2.19% | 36.00M | -3.41B | 1.56 |
| Q4 FY1997 | 31 Dec 1997 | 3.31B | +1.23% | 43.00M | -3.26B | 1.50 |
| Q3 FY1997 | 30 Sept 1997 | 3.30B | -3.40% | 53.00M | -3.24B | 1.52 |
| Q2 FY1997 | 30 Jun 1997 | 3.14B | -4.80% | 48.00M | -3.09B | 1.47 |
| Q1 FY1997 | 31 Mar 1997 | 3.38B | +3.69% | 70.00M | -3.31B | 1.66 |
| Q4 FY1996 | 31 Dec 1996 | 3.27B | +147.72% | 63.00M | -3.20B | 1.63 |
| Q3 FY1996 | 30 Sept 1996 | 3.41B | +141.40% | 82.00M | -3.33B | 1.90 |
| Q2 FY1996 | 30 Jun 1996 | 3.29B | +130.51% | 56.00M | -3.24B | 1.95 |
| Q1 FY1996 | 31 Mar 1996 | 3.26B | +136.56% | 48.00M | -3.21B | 2.03 |
| Q4 FY1995 | 31 Dec 1995 | 1.32B | +4.19% | 15.00M | -1.30B | 1.18 |
| Q3 FY1995 | 30 Sept 1995 | 1.41B | +11.97% | 12.00M | -1.40B | 1.35 |
| Q2 FY1995 | 30 Jun 1995 | 1.43B | +13.23% | 35.00M | -1.39B | 1.46 |
| Q1 FY1995 | 31 Mar 1995 | 1.38B | +3.38% | 38.00M | -1.34B | 1.57 |
| Q4 FY1994 | 31 Dec 1994 | 1.27B | -6.99% | 63.00M | -1.20B | 1.51 |
| Q3 FY1994 | 30 Sept 1994 | 1.26B | -12.06% | 72.00M | -1.19B | 1.54 |
| Q2 FY1994 | 30 Jun 1994 | 1.26B | -8.82% | 36.00M | -1.23B | 1.70 |
| Q1 FY1994 | 31 Mar 1994 | 1.33B | -7.57% | 34.00M | -1.30B | 1.97 |
| Q4 FY1993 | 31 Dec 1993 | 1.36B | -6.34% | 34.00M | -1.33B | 2.14 |
| Q3 FY1993 | 30 Sept 1993 | 1.44B | -5.03% | 38.00M | -1.40B | 2.30 |
| Q2 FY1993 | 30 Jun 1993 | 1.38B | -7.24% | 44.00M | -1.34B | 2.28 |
| Q1 FY1993 | 31 Mar 1993 | 1.44B | — | 28.00M | -1.41B | 2.47 |
| Q4 FY1992 | 31 Dec 1992 | 1.45B | +155.63% | 24.00M | -1.43B | 2.67 |
| Q3 FY1992 | 30 Sept 1992 | 1.51B | — | 7.00M | -1.50B | 2.00 |
| Q2 FY1992 | 30 Jun 1992 | 1.49B | — | 18.00M | -1.47B | 2.04 |
| Q4 FY1991 | 31 Dec 1991 | 568.00M | — | 82.00M | -486.00M | 0.87 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Linde's debt
Source: Financial Modeling Prep