OakChart

Linde Plc

LINBasic Materials·Specialty Chemicals·United Kingdom·Mega·NASD·Nov 13 • 6:49 AM ET

524.61+2.12 (0.41%)
2026-11-13 12:58 CET
Market cap
$240.84B
Revenue, TTM
36,238.00 USD m
Net income, TTM
7,007.00 USD m
Free cash flow, TTM
5,080.00 USD m
EPS diluted, TTM
15.06
Price / earnings
34.85
Compare

Price

LIN against its 20, 50 and 200-day averages
Terms2050200Miss
Patternshover a marker to name it
RS 31Sales 9,241Price9,1409,172450.00475.00500.00525.00550.002.6M5.2MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26LINclose 524.6120-day 513.7550-day 490.17200-day 496.67524.6152w high 548.2052-week range, not 6 months

4.3% under the 52-week high of 548.20 on 7 Jul 2026. 52-week low 387.78 on 8 Dec 2025. Last 15 sessions, 7.0% high to low

Volume 0.01× normal · the line is the 50-bar volume average

Setup. RS line 31
CANSLIM 3 of 6 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); Performance: Year +50%
VCP 3 of 6 — fails: 50-Day Simple Moving Average: SMA50 above SMA200; Average True Range: Under 2; RSI (14): Not Overbought (<60)
Minervini 2 of 4 — fails: 50-Day Simple Moving Average: SMA50 above SMA200; Performance: Year +50%
Zanger 3 of 5 — fails: Performance: Week +10%; Relative Volume: Over 1.5
Leaders 4 of 5 — fails: Performance: Year +50%
Breakout 2 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2
Growth 1 of 4 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%)
Quality 1 of 5 — fails: Net Profit Margin: High (>20%); Debt/Equity: Low (<0.1); P/E: Under 25; Current Ratio: Over 1
Value 1 of 4 — fails: P/E: Under 15; P/B: Under 2; Debt/Equity: Low (<0.1)
Income 1 of 4 — fails: Dividend Yield: Over 2%; Payout Ratio: Low (<20%); P/E: Under 25
Small Cap 2 of 4 — fails: Float: Under 100M; Performance: Year +50%
Accumulation 3 of 4 — fails: Institutional Transactions: Over +10%
Relative Strength 2 of 3 — fails: Performance: Year +100%

Profile

LIN
52-week range, 85% of the way up
387.78548.20

Linde Plc is a global industrial gases and engineering company. It designs and builds equipment that produces industrial gases. The company also offers gas production and processing services such as olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants. Its primary products are atmospheric gases and process gases. The company operates through the following reportable segments: Americas, EMEA APAC and Engineering. The Americas segment operates production facilities primarily in the United Sates, Canada, Mexico and Brazil. The EMEA segment has production facilities primarily in Germany, France, Sweden, the Republic of South Africa, and the United Kingdom. The APAC segment has production facilities located primarily in China, Australia, India, South Korea and Thailand. The Engineering segment designs and constructs turnkey process plants for third-party customers as well as for the gases businesses in many locations worldwide. Linde was founded by Carl Paul Gottfried von Lind in 1879 and is headquartered in Woking, the United Kingdom.

IndexNDX, S&P 500, RUI
Employees65177
IPOOct 31, 2018
Beta0.68
ATR, 14d8.79
Rel volume0.01
Short float1.46%
Insider own0.67%
Inst own88.75%

Snapshot

6 groups

Valuation

IndexNDX, S&P 500, RUI
Market Cap$240.84B
Enterprise Value265.17B
Income7.01B
Sales36.24B
Book / share85.87
Cash / share8.60
Dividend Est.6.41 (1.22%)
Dividend TTM6.30 (1.20%)
Dividend Ex-DateDec 03, 2026
Dividend Gr. 3/5Y8.63% 9.28%
Payout41.07%
Employees65177
IPOOct 31, 2018

Ratios

Price / earnings34.85
Forward price / earnings26.85
Price / earnings / growth2.87
Price / sales6.65
Price / book6.11
Price / cash61.02
Price / free cash flow47.41
Value / cash profit19.44
Value / sales7.32
Quick Ratio0.72
Current Ratio0.86
Debt / equity0.68
Long-term debt / equity0.52
Options and shortYes / Yes

Earnings

Earnings / share15.06
Earnings next year19.54
Earnings next quarter4.49
Earnings this year8.86%
Earnings next year9.08%
Earnings growth, 5 years9.34%
Past earnings growth21.09% 25.41%
Past sales growth0.62% 4.52%
Earnings vs last year0.67%
Sales vs last year8.16%
Earnings vs last quarter-10.58%
Sales vs last quarter9.16%
EarningsOct 29 BMO
Surprise1.59% 2.64%

Ownership

Insiders own0.67%
Insider trades-3.19%
Institutions own88.75%
Institution trades-0.56%
Return on assets8.05%
Return on equity17.96%
Return on capital11.68%
Gross Margin37.30%
Operating margin27.08%
Profit Margin19.34%
20-day average2.11%
50-day average7.03%
200-day average5.63%

Technical

Shares out459.08M
Shares floating456.02M
Short / float1.46%
Short ratio3.23
Short interest6.65M
52-week high548.20 -4.3%
52-week low387.78 +35.3%
Volatility1.75% 1.72%
Average range8.79
Strength index63.71
Market sensitivity0.68
Relative volume0.01
Avg Volume2.06M
Volume1,041

Performance

Perf Week1.82%
Perf Month6.36%
Perf Quarter10.60%
Perf Half Y3.66%
Perf YTD23.04%
Perf Year22.39%
Perf 3Y31.23%
Perf 5Y55.66%
Perf 10Y345.15%
Recommendation1.68
Target Price550.19
Prev Close522.49
Price524.61
Change %0.41%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 13, 2026InitiatedBarclaysOverweight$577+10.0%
Sep 11, 2026InitiatedKeyBanc Capital MarketsOverweight$542+3.3%
Mar 13, 2026UpgradeJP MorganNeutral → Overweight$525+0.1%
Feb 10, 2026DowngradeDZ BankBuy → Hold$460-12.3%
Feb 06, 2026DowngradeJP MorganOverweight → Neutral$455-13.3%
Nov 11, 2025UpgradeUBSNeutral → Buy$500-4.7%
Nov 03, 2025UpgradeSeaport Research PartnersNeutral → Buy$500-4.7%
Jun 30, 2025UpgradeCitigroupNeutral → Buy$535+2.0%
Jun 13, 2025InitiatedRBC Capital MktsOutperform$576+9.8%
Jan 13, 2025UpgradeTD CowenHold → Buy

Peers

Mkt cap
TickerCompanyMkt cap
APDAir Products & Chemicals Inc70.37B
ECLEcolab Inc86.67B
SHWSherwin-Williams Co84.89B
DDDuPont de Nemours Inc20.50B
LYBLyondellBasell Industries NV20.65B
PPGPPG Industries Inc27.03B
EMNEastman Chemical Co7.50B
IFFInternational Flavors & Fragrances Inc20.13B
ALBAlbemarle Corp11.23B
DOWDow Inc23.99B

Insider trading

latest 14 of 43
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Patwari BinodFormer OfficerNov 09 '26Proposed Sale520.412,5001,301,034Nov 09 01:46 PM
White Matthew JChief Financial OfficerNov 04 '26Option Exercise151.07228,17534,469,962177,855Nov 06 01:46 PM
White Matthew JChief Financial OfficerNov 04 '26Sale521.2186,83345,258,06350,733Nov 06 01:46 PM
Bichara GuillermoExec VP & Chief Legal OfficerNov 02 '26Option Exercise173.1326,1554,528,21548,293Nov 04 12:21 PM
Bichara GuillermoExec VP & Chief Legal OfficerNov 02 '26Sale518.919,3504,851,81822,138Nov 04 12:21 PM
White Matthew JOfficerNov 04 '26Proposed Sale521.2186,83345,258,063Nov 04 12:20 PM
Bichara GuillermoOfficerNov 02 '26Proposed Sale518.919,3504,851,826Nov 02 01:51 PM
Reynolds Paula RosputDirectorAug 18 '26Buy479.1210047,912816Aug 19 03:03 PM
Innocenzi StefanosSVP, Linde EngineeringJun 08 '26Option Exercise0.004,03504,035Jun 10 01:08 PM
WOOD ROBERT LDirectorMay 15 '26Sale506.394,3352,195,2019,248May 18 03:51 PM
WOOD ROBERT LDirectorMay 14 '26Sale508.76880447,70913,583May 18 03:51 PM
ROBERT L. WOOD TRUSTDirectorMay 15 '26Proposed Sale506.394,3352,195,184May 15 04:11 PM
WOOD ROBERT LDirectorMay 14 '26Proposed Sale508.76880447,704May 14 03:27 PM
ANGEL STEPHEN FFormer DirectorApr 13 '26Proposed Sale505.9635,01017,713,643Apr 13 01:58 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
VOOVanguard S&P 500 ETFAUM: 1070.75B
QQQInvesco QQQ Trust Series 1AUM: 473.81B
IVViShares Core S&P 500 ETFAUM: 882.14B
SPYSPDR S&P 500 ETF TrustAUM: 805.69B
VTVVanguard Morningstar Value ETFAUM: 198.14B
VIGVanguard Dividend Appreciation FTFAUM: 117.98B
QQQMInvesco NASDAQ 100 ETFAUM: 109.07B
XLBState Street Materials Select Sector SPDR ETFAUM: 8.49B
CGDVCapital Group Dividend Value ETFAUM: 39.22B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 4.590 beat 4.518, from 4.210 a year earlier. Sales 9,404 beat 9,162, from 8,615 a year earlier
EPS
4.59002024Q4 EPS 3.970 against 3.93624Q42025Q1 EPS 3.950 against 3.92425Q12025Q2 EPS 4.090 against 4.03425Q22025Q3 EPS 4.210 against 4.18125Q32025Q4 EPS 4.200 against 4.17725Q42026Q1 EPS 4.330 against 4.27026Q12026Q2 EPS 4.500 against 4.48826Q22026Q3 EPS 4.590 against 4.51826Q3
Sales, USD millions
9,40402024Q4 sales 8,282 against 8,41724Q42025Q1 sales 8,112 against 8,24025Q12025Q2 sales 8,495 against 8,35725Q22025Q3 sales 8,615 against 8,62025Q32025Q4 sales 8,764 against 8,64225Q42026Q1 sales 8,781 against 8,59826Q12026Q2 sales 9,289 against 9,01626Q22026Q3 sales 9,404 against 9,16226Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-10-29 08:304.5904.5183.6609,4049,162EPS +1.6% · sales +2.6%vs 2025Q3, year-ago quarter · EPS +9.0% · sales +9.2%21 EPS · 16 salesOpen +0.24% vs SPY -0.46%. Close -0.99% vs SPY -0.38%
2026Q2ended 2026-06-302026-07-31 08:304.5004.4884.1519,2899,016EPS +0.3% · sales +3.0%vs 2025Q2, year-ago quarter · EPS +10.0% · sales +9.3%20 EPS · 15 salesOpen -6.62% vs SPY +0.40%. Close -5.95% vs SPY +0.72%
2026Q1ended 2026-03-312026-05-01 08:304.3304.2703.9828,7818,598EPS +1.4% · sales +2.1%vs 2025Q1, year-ago quarter · EPS +9.6% · sales +8.2%19 EPS · 15 salesOpen +0.44% vs SPY +0.36%. Close +1.35% vs SPY +0.28%
2025Q4ended 2025-12-312026-02-05 08:304.2004.1773.2648,7648,642EPS +0.6% · sales +1.4%vs 2024Q4, year-ago quarter · EPS +5.8% · sales +5.8%20 EPS · 16 salesOpen -0.48% vs SPY -0.77%. Close -2.88% vs SPY -1.25%
2025Q3ended 2025-09-302025-10-31 08:304.2104.1814.0918,6158,620EPS +0.7% · sales -0.1%vs 2024Q3, year-ago quarter · EPS +6.8% · sales +3.1%20 EPS · 16 salesOpen -1.14% vs SPY +0.77%. Close -2.70% vs SPY +0.33%
2025Q2ended 2025-06-302025-08-01 08:304.0904.0343.7298,4958,357EPS +1.4% · sales +1.6%vs 2024Q2, year-ago quarter · EPS +6.2% · sales +2.8%21 EPS · 15 salesOpen -0.42% vs SPY -0.91%. Close -0.18% vs SPY -1.64%
2025Q1ended 2025-03-312025-05-01 08:303.9503.9243.5138,1128,240EPS +0.7% · sales -1.6%vs 2024Q1, year-ago quarter · EPS +5.3% · sales +0.1%19 EPS · 13 salesOpen -3.48% vs SPY +1.05%. Close -1.14% vs SPY +0.71%
2024Q4ended 2024-12-312025-02-06 08:303.9703.9363.6028,2828,417EPS +0.9% · sales -1.6%vs 2023Q4, year-ago quarter · EPS +10.6% · sales -0.2%22 EPS · 14 salesOpen -0.81% vs SPY +0.29%. Close +1.54% vs SPY +0.35%
2024Q3ended 2024-09-302024-10-31 08:303.9433.9003.2238,3568,390EPS +1.1% · sales -0.4%vs 2023Q3, year-ago quarter · EPS +8.6% · sales +2.5%21 EPS · 14 salesOpen -3.90% vs SPY -0.77%. Close -3.64% vs SPY -1.96%
2024Q2ended 2024-06-302024-08-02 08:303.8503.7863.4428,2678,299EPS +1.7% · sales -0.4%vs 2023Q2, year-ago quarter · EPS +7.9% · sales +0.8%19 EPS · 15 salesOpen -0.82% vs SPY -1.34%. Close +0.15% vs SPY -1.86%
2024Q1ended 2024-03-312024-05-02 08:303.7503.6763.3518,1008,384EPS +2.0% · sales -3.4%vs 2023Q1, year-ago quarter · EPS +9.6% · sales -1.1%20 EPS · 14 salesOpen -3.80% vs SPY +0.76%. Close -5.20% vs SPY +0.94%
2023Q4ended 2023-12-312024-02-06 08:303.5903.4863.1608,3028,057EPS +3.0% · sales +3.0%vs 2022Q4, year-ago quarter · EPS +13.6% · sales +5.1%18 EPS · 13 salesOpen +3.56% vs SPY +0.20%. Close +3.73% vs SPY +0.29%
2023Q3ended 2023-09-302023-10-26 08:303.6303.5823.1878,1558,535EPS +1.3% · sales -4.4%vs 2022Q3, year-ago quarter · EPS +17.1% · sales -7.3%20 EPS · 11 sales-
2023Q2ended 2023-06-302023-07-27 08:303.5703.4953.1918,2048,704EPS +2.1% · sales -5.7%vs 2022Q2, year-ago quarter · EPS +15.1% · sales -3.0%20 EPS · 12 sales-
2023Q1ended 2023-03-312023-04-27 08:303.4203.1353.0588,1938,195EPS +9.1% · sales 0.0%vs 2022Q1, year-ago quarter · EPS +17.0% · sales -0.2%20 EPS · 12 sales-
2022Q4ended 2022-12-312023-02-07 08:303.1602.9002.6677,8998,404EPS +9.0% · sales -6.0%vs 2021Q4, year-ago quarter · EPS +14.1% · sales -4.8%20 EPS · 12 sales-

Annual earnings

2025FY EPS 16.460 beat 16.428, from 15.510 a year earlier. Sales 33,986 beat 33,870, from 33,005 a year earlier
EPS
16.46002018FY EPS 6.190 against 5.66420182019FY EPS 7.340 against 7.29720192020FY EPS 8.230 against 8.10020202021FY EPS 10.690 against 10.60020212022FY EPS 12.290 against 12.03620222023FY EPS 14.200 against 14.09920232024FY EPS 15.510 against 15.47120242025FY EPS 16.460 against 16.4282025
Sales, USD millions
33,98602018FY sales 28,100 against 27,80920182019FY sales 28,163 against 28,15820192020FY sales 27,243 against 27,02920202021FY sales 30,793 against 30,33820212022FY sales 33,364 against 33,91420222023FY sales 32,854 against 32,74820232024FY sales 33,005 against 33,33820242025FY sales 33,986 against 33,8702025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-27.170--45,73019.31
2029FYestimate-24.797--43,33021.16
2028FYestimate-21.512--40,37124.39
2027FYestimate-19.540--38,21526.85
2026FYestimate-17.913--36,53329.29
2025FY16.46016.42815.06833,98633,87025.91
2024FY15.51015.47113.61833,00533,33826.99
2023FY14.20014.09912.59232,85432,74828.92
2022FY12.29012.0368.22833,36433,91426.54
2021FY10.69010.6007.33130,79330,33832.41
2020FY8.2308.1004.70927,24327,02932.02
2019FY7.3407.2974.19128,16328,15829.01
2018FY6.1905.66413.11228,10027,80925.21
2017FY5.8505.8114.31311,43711,31226.44
2016FY5.4805.4825.21310,53410,53821.39
2015FY5.8005.7955.35010,77610,83190.45
2014FY6.2706.2675.73012,27312,33983.67
2013FY5.9305.9255.87011,92511,95488.47
2012FY5.5705.5655.61011,22411,20494.19
2011FY5.4305.4365.45011,25211,28596.61
2010FY4.7404.7123.84010,11610,074110.68

Quarterly results

2026Q3 revenue 9,404, from 8,615 a year earlier. Operating margin 27.1%, from 27.2% a year earlier
Revenue, USD millions
9,40402024Q4 revenue 8,28224Q42025Q1 revenue 8,11225Q12025Q2 revenue 8,49525Q22025Q3 revenue 8,61525Q32025Q4 revenue 8,76425Q42026Q1 revenue 8,78126Q12026Q2 revenue 9,28926Q22026Q3 revenue 9,40426Q3
Operating margin
27.502024Q4 operating margin 26.5%24Q42025Q1 operating margin 27.4%25Q12025Q2 operating margin 27.5%25Q22025Q3 operating margin 27.2%25Q32025Q4 operating margin 26.8%25Q42026Q1 operating margin 27.1%26Q12026Q2 operating margin 27.3%26Q22026Q3 operating margin 27.1%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY R 16.58 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYRper share2026-11-1116.58+0.4%
2026FYEper share2026-11-0917.910.0%
2026Q4Eper share2026-11-044.49+0.0%
2026FYSUSD millions2026-11-0336,533+0.1%
2026Q4Rper share2026-10-304.20-0.2%
2026Q4SUSD millions2026-10-309,241+0.1%
2026Q3SUSD millions2026-10-249,1620.0%
2026Q3Eper share2026-10-214.520.0%
2026Q3Rper share2026-10-024.29+0.1%
2026Q2Eper share2026-07-214.490.0%
2026Q2Rper share2026-07-194.260.0%
2026Q2SUSD millions2026-07-179,0160.0%
2026Q1Eper share2026-04-224.27+0.0%
2026Q1SUSD millions2026-04-228,598+0.0%
2026Q1Rper share2026-04-213.99-0.2%
2025FYEper share2026-02-0416.430.0%
2025Q4Eper share2026-01-244.180.0%
2025FYRper share2026-01-2415.320.0%
2025Q4Rper share2026-01-243.910.0%
2025FYSUSD millions2026-01-2233,870+0.0%
2025Q4SUSD millions2026-01-228,642+0.0%
2025Q3Eper share2025-10-294.18+0.0%
2025Q3SUSD millions2025-10-298,607+0.0%
2025Q3Rper share2025-10-183.970.0%
2025Q2Eper share2025-07-274.030.0%
2025Q2SUSD millions2025-07-178,357+0.1%
2025Q2Rper share2025-07-163.790.0%
2025Q1Eper share2025-04-293.92+0.1%
2025Q1SUSD millions2025-04-228,2400.0%
2025Q1Rper share2025-04-153.68+0.4%
2024FYEper share2025-02-0415.470.0%
2024Q4Eper share2025-02-043.940.0%
2024FYSUSD millions2025-02-0433,3380.0%
2024Q4SUSD millions2025-02-048,4170.0%
2024FYRper share2025-02-0314.050.0%
2024Q4Rper share2025-01-143.68-0.4%
2024Q3Eper share2024-10-253.900.0%
2024Q3SUSD millions2024-10-258,390-0.1%
2024Q3Rper share2024-10-193.610.0%
2024Q2Eper share2024-07-273.790.0%
2024Q2SUSD millions2024-07-178,299-0.1%
2024Q2Rper share2024-07-163.500.0%
2024Q1Eper share2024-05-013.68+0.1%
2024Q1SUSD millions2024-05-018,3840.0%
2024Q1Rper share2024-04-223.400.0%
2023FYRper share2024-02-0512.230.0%
2023FYSUSD millions2024-02-0532,7480.0%
2023FYEper share2024-01-3014.10+0.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share4.31313.1124.1914.7097.3318.22812.59213.61814.60815.0554-
Sales USD millions11,43714,83628,22827,24330,79333,36432,85433,00533,98636,238-
Shares million shares287555534523509492482473464-459
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share3.2233.6023.5133.7294.0913.2643.9824.1513.658
Sales USD millions8,3568,2828,1128,4958,6158,7648,7819,2899,404
Shares million shares476473471469467464463461459

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue36,238.0033,986.00+3.0%33,005.00+0.5%32,854.00-1.5%33,364.00+8.3%30,793.00+13.0%27,243.00-3.5%28,228.00+90.3%14,836.00
Cost of Goods Sold Incl. D&A22,722.0021,152.00+1.1%20,923.00-1.8%21,308.00-9.9%23,654.00+6.7%22,178.00+10.8%20,009.00-6.1%21,319.00+96.5%10,850.00
Gross Profit13,516.0012,834.00+6.2%12,082.00+4.6%11,546.00+18.9%9,710.00+12.7%8,615.00+19.1%7,234.00+4.7%6,909.00+73.3%3,986.00
Selling, General and Administrative Excl. Other3,703.003,580.00+2.7%3,487.00+1.3%3,441.00+5.9%3,250.00-2.5%3,332.00-0.4%3,345.00-8.1%3,641.00+109.0%1,742.00
Research and Development147.00147.00-2.0%150.00+2.7%146.00+2.1%143.000.0%143.00-5.9%152.00-17.4%184.00+62.8%113.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income9,813.009,254.00+7.7%8,595.00+6.0%8,105.00+25.5%6,460.00+22.3%5,283.00+35.8%3,889.00+19.0%3,268.00+45.6%2,244.00
Interest Expense387.00399.00-30.2%572.00+17.2%488.00+154.2%192.00+20.8%159.00+39.5%114.00-71.7%403.00+192.0%138.00
Unusual Expense542.00512.00+601.4%73.00-38.00-103.7%1,022.00+324.1%241.00-60.3%607.00+137.1%256.00-44.0%457.00
Net Income Before Taxes9,116.008,897.00+3.8%8,569.00+7.3%7,988.00+44.1%5,543.00+8.7%5,099.00+50.7%3,384.00+15.6%2,927.00-42.0%5,049.00
Income Taxes2,111.001,989.00-0.6%2,002.00+10.4%1,814.00+26.5%1,434.00+13.6%1,262.00+49.0%847.00+10.1%769.00-5.9%817.00
Consolidated Net Income7,185.007,058.00+4.8%6,737.00+6.2%6,341.00+48.1%4,281.00+8.2%3,956.00+50.9%2,622.00+15.4%2,272.00-47.0%4,288.00
Net Income From Continuing Operations7,007.006,898.00+5.1%6,565.00+5.9%6,199.00+49.5%4,147.00+8.5%3,821.00+53.0%2,497.00+14.4%2,183.00-48.9%4,273.00
Net Income7,007.006,898.00+5.1%6,565.00+5.9%6,199.00+49.5%4,147.00+8.4%3,826.00+53.0%2,501.00+9.5%2,285.00-47.8%4,381.00
EPS (Recurring) per share15.9715.37+12.0%13.72+9.4%12.54+29.9%9.65+26.1%7.65+38.8%5.51+21.9%4.52-67.9%14.07
EPS (Basic, Before Extraordinaries) per share15.1314.69+7.1%13.71+8.0%12.70+53.0%8.30+12.2%7.40+55.8%4.75+12.6%4.22-68.2%13.26
EPS (Diluted) per share15.0614.61+7.3%13.62+8.2%12.59+53.0%8.23+12.3%7.33+55.6%4.71+12.4%4.19-68.0%13.11
EBITDA13,642.0013,017.00+5.2%12,375.00+3.8%11,921.00+11.8%10,664.00+7.5%9,918.00+16.5%8,515.00+7.2%7,943.00+95.0%4,074.00
Non-Operating Income (Expense)232.00554.00-10.5%619.00+85.9%333.00+12.1%297.00+37.5%216.000.0%216.00-32.1%318.00-90.6%3,400.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense106.65129.56+79.9%72.00+35.8%53.00+23.3%43.00-32.8%64.00+18.5%54.00+1.9%53.00+65.6%32.00
Price To Earnings Ratio ratio statement ratio, not the snapshot34.7034.7031.7833.9343.1547.2355.9250.7713.84
Price To Sales Ratio ratio6.065.926.126.154.935.875.144.113.51
Gross Margin %37.3037.7636.6135.1429.1027.9826.5524.4826.87
Operating Margin %27.0827.2326.0424.6719.3617.1614.2811.5815.13
Net Margin %19.3420.3019.8918.8712.4312.429.188.0929.53
Shares Outstanding million shares459.08463.68-2.0%473.24-1.9%482.45-2.0%492.46-3.2%508.68-2.8%523.29-2.1%534.38-3.8%555.38
Market Capitalization239,866.80239,866.80+20.3%199,353.07+0.1%199,149.17+23.5%161,256.87-9.2%177,564.43+28.4%138,305.07+20.9%114,364.77+33.9%85,391.58

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue9,404.00+9.2%9,289.00+9.3%8,781.00+8.2%8,764.00+5.8%8,615.00+3.1%8,495.00+2.8%8,112.00+0.1%8,282.00-0.2%
Cost of Goods Sold Incl. D&A5,927.00+11.0%5,824.00+11.0%5,474.00+8.0%5,497.00+5.0%5,340.00+0.5%5,248.00+0.7%5,067.00-1.9%5,233.00-2.7%
Gross Profit3,477.00+6.2%3,465.00+6.7%3,307.00+8.6%3,267.00+7.1%3,275.00+7.7%3,247.00+6.2%3,045.00+3.7%3,049.00+4.3%
Selling, General and Administrative Excl. Other929.00-0.4%928.00+2.2%931.00+13.0%915.00+7.3%933.00+8.5%908.00+3.7%824.00-8.2%853.00-2.1%
Research and Development37.00+2.8%37.00-2.6%38.000.0%35.00-10.3%36.00-2.7%38.00+5.6%38.000.0%39.000.0%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income2,548.00+8.8%2,537.00+8.5%2,376.00+7.0%2,352.00+7.1%2,342.00+7.4%2,339.00+7.2%2,221.00+9.0%2,196.00+7.1%
Interest Expense111.00+37.0%147.00+374.2%22.00107.00-53.9%81.0031.00-54.4%-232.00+7.4%
Unusual Expense386.00-81.00-437.5%47.00-67.1%190.00-34.00-115.9%24.00143.00+521.7%-163.00
Net Income Before Taxes2,128.00-9.8%2,546.00+8.5%2,431.00+11.5%2,011.00-11.1%2,360.00+14.4%2,346.00+8.5%2,180.00+4.8%2,263.00+13.4%
Income Taxes449.00+5.9%610.00+6.5%571.00+11.7%481.00-9.8%424.00-14.9%573.00+12.8%511.00+10.4%533.00+16.1%
Consolidated Net Income1,740.00-11.8%1,972.00+9.2%1,900.00+11.3%1,573.00-11.1%1,972.00+23.0%1,806.00+6.2%1,707.00+2.5%1,769.00+12.2%
Net Income From Continuing Operations1,692.00-12.3%1,928.00+9.2%1,857.00+11.0%1,530.00-11.3%1,929.00+24.5%1,766.00+6.2%1,673.00+2.8%1,725.00+11.8%
Net Income1,692.00-12.3%1,928.00+9.2%1,857.00+11.0%1,530.00-11.3%1,929.00+24.5%1,766.00+6.2%1,673.00+2.8%1,725.00+11.8%
EPS (Recurring) per share4.24+5.0%4.03+7.2%4.05+8.9%3.55+5.7%4.04+14.4%3.76+9.3%3.72+10.1%3.36+13.9%
EPS (Basic, Before Extraordinaries) per share3.67-10.7%4.17+11.2%4.00+13.3%3.28-9.4%4.11+26.5%3.75+8.4%3.53+4.4%3.62+13.5%
EPS (Diluted) per share3.66-10.5%4.15+11.3%3.98+13.4%3.26-9.4%4.09+27.0%3.73+8.4%3.51+4.8%3.60+13.9%
EBITDA3,513.00+6.4%3,500.00+6.7%3,327.00+6.3%3,302.00+6.2%3,303.00+5.2%3,281.00+4.5%3,131.00+4.9%3,109.00+3.6%
Non-Operating Income (Expense)77.00+18.5%75.00+21.0%124.00+21.6%-44.00-132.4%65.00-33.0%62.00+26.5%102.00-12.1%136.00+871.4%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense34.76-2.2%15.01-58.7%32.39-2.4%24.49-22.5%35.55+7.1%36.34+15.0%33.18+10.5%31.60+2.6%
Price To Earnings Ratio ratio statement ratio, not the snapshot34.7034.4433.9628.5533.7734.0534.1931.78
Price To Sales Ratio ratio6.066.806.675.886.686.686.726.07
Gross Margin %36.9737.3037.6637.2838.0238.2237.5436.81
Operating Margin %27.0927.3127.0626.8427.1927.5327.3826.52
Net Margin %17.9920.7621.1517.4622.3920.7920.6220.83
Shares Outstanding million shares459.08-1.7%460.98-1.7%462.60-1.8%463.68-2.0%466.95-1.9%468.91-1.8%471.29-2.0%473.24-1.9%
Market Capitalization239,866.80+7.7%240,061.64+8.7%229,732.21+4.3%199,102.38-0.1%222,732.25-2.2%220,854.29+4.7%220,206.74-1.5%199,353.07+0.1%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments5,056.00+4.2%4,850.00+4.0%4,664.00-14.2%5,436.00+92.6%2,823.00-24.8%3,754.00+39.0%2,700.00-39.5%4,466.00+623.8%617.00
Short Term Receivables5,464.00+7.9%5,062.00-0.6%5,092.00+3.7%4,908.00+1.6%4,829.00+5.2%4,590.00-7.6%4,965.00+2.8%4,830.00+167.7%1,804.00
Inventories2,055.00+5.6%1,946.00-8.0%2,115.00+6.9%1,978.00+14.1%1,733.00+0.2%1,729.00+1.9%1,697.00+2.8%1,651.00+168.9%614.00
Other Current Assets750.00-31.0%1,087.00+45.1%749.00+3.3%725.00-6.3%774.00-9.0%851.00-14.0%990.00-84.3%6,325.00+2430.0%250.00
Total Current Assets13,325.00+2.9%12,945.00+2.6%12,620.00-3.3%13,047.00+28.4%10,159.00-7.0%10,924.00+5.5%10,352.00-40.1%17,272.00+425.8%3,285.00
Net Property, Plant & Equipment29,339.00+13.9%25,764.00+1.1%25,490.00+4.4%24,420.00-9.6%27,019.00-9.3%29,801.00-1.0%30,089.00+1.3%29,717.00+151.3%11,825.00
Total Investments and Advances2,133.00-4.8%2,240.00-6.1%2,385.00-6.0%2,538.00-5.0%2,672.00+22.9%2,174.00+1.2%2,149.00+5.3%2,041.00+176.2%739.00
Long-Term Note Receivable96.00+242.9%28.00-82.8%163.00-0.6%164.00+56.2%105.00-47.8%201.00+34.0%150.00+11.1%135.00+150.0%54.00
Intangible Assets39,798.00+6.8%37,267.00-4.8%39,150.00+2.4%38,237.00-6.4%40,840.00-8.0%44,385.00+2.8%43,156.00+0.1%43,097.00+972.6%4,018.00
Deferred Tax Assets423.00-1.2%428.00+89.4%226.00-1.7%230.00-5.0%242.00-9.7%268.00+10.3%243.00-52.4%510.00+157.6%198.00
Other Assets1,703.00+15.5%1,475.00+89.8%777.00-24.0%1,022.00+79.9%568.00+19.3%476.00+0.6%473.00-23.0%614.00+93.7%317.00
Total Assets86,817.00+8.3%80,147.00-0.8%80,811.00+1.4%79,658.00-2.4%81,605.00-7.5%88,229.00+1.9%86,612.00-7.3%93,386.00+357.0%20,436.00
Short Term Debt Incl. Current Port. of LT Debt6,567.00+0.9%6,510.00+4.9%6,203.00+4.4%5,939.00+89.5%3,134.00-26.7%4,277.00+21.4%3,523.00+17.1%3,008.00+147.2%1,217.00
Accounts Payable2,810.00+12.1%2,507.00-17.0%3,020.00+0.8%2,995.00-14.5%3,503.00+13.2%3,095.00-5.2%3,266.00+1.5%3,219.00+249.1%922.00
Income Tax Payable680.00+6.8%637.00-4.1%664.00+8.3%613.00+42.9%429.00-20.8%542.00+46.5%370.00-43.7%657.00+171.5%242.00
Other Current Liabilities5,141.00+5.1%4,890.00-16.1%5,830.00-15.9%6,932.00+5.4%6,577.00+12.9%5,826.00+16.5%5,001.00-17.6%6,072.00+555.7%926.00
Total Current Liabilities15,198.00+4.5%14,544.00-7.5%15,717.00-4.6%16,479.00+20.8%13,643.00-0.7%13,740.00+13.0%12,160.00-6.1%12,956.00+291.8%3,307.00
Long Term Debt21,502.00+33.6%16,099.00+14.1%14,112.00+9.8%12,852.00+6.4%12,082.00-6.7%12,946.00+13.5%11,409.00-7.2%12,288.00+57.9%7,783.00
Provision for Risks Charges1,084.00-0.9%1,094.00-13.7%1,268.00+1.8%1,245.00-49.5%2,465.00-32.5%3,653.00+27.3%2,869.00+23.2%2,328.00+166.4%874.00
Deferred Tax Liabilities5,556.00-1.8%5,659.00-1.6%5,749.00-2.3%5,886.00-5.7%6,239.00-6.9%6,704.00-2.7%6,889.00-7.3%7,432.00+536.8%1,167.00
Other Liabilities3,736.00+14.5%3,263.00+13.7%2,870.00+58.7%1,809.00+4.3%1,735.00+8.2%1,604.00-2.8%1,650.00+28.3%1,286.00+64.2%783.00
Total Liabilities47,076.00+15.8%40,659.00+2.4%39,716.00+3.8%38,271.00+5.8%36,164.00-6.4%38,647.00+10.5%34,977.00-3.6%36,290.00+160.8%13,914.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity38,245.00+0.4%38,092.00-4.1%39,720.00-0.8%40,028.00-9.1%44,035.00-6.9%47,317.00-3.6%49,074.00-4.9%51,596.00+757.4%6,018.00
Total Shareholders Equity38,245.00+0.4%38,092.00-4.1%39,720.00-0.8%40,028.00-9.1%44,035.00-6.9%47,317.00-3.6%49,074.00-4.9%51,596.00+757.4%6,018.00
Accumulated Minority Interest1,496.00+7.2%1,396.00+1.5%1,375.00+1.2%1,359.00-3.3%1,406.00-37.9%2,265.00-11.6%2,561.00-53.4%5,500.00+991.3%504.00
Total Equity39,741.00+0.6%39,488.00-3.9%41,095.00-0.7%41,387.00-8.9%45,441.00-8.4%49,582.00-4.0%51,635.00-9.6%57,096.00+775.4%6,522.00
Total Liabilities & Stockholders Equity86,817.00+8.3%80,147.00-0.8%80,811.00+1.4%79,658.00-2.4%81,605.00-7.5%88,229.00+1.9%86,612.00-7.3%93,386.00+357.0%20,436.00
Book Value Per Share per share82.48+2.5%80.49-2.2%82.33+1.3%81.28-6.1%86.57-4.3%90.42-1.5%91.83-1.2%92.90+342.8%20.98
Tangible Book Value Per Share per share-3.35-292.5%1.74+47.5%1.18-67.6%3.64-42.0%6.28+12.1%5.60-49.4%11.07-27.6%15.30+119.5%6.97
Full-Time Employees people65,177-0.2%65,289-1.6%66,323+2.0%65,010-10.1%72,327-2.5%74,207-7.1%79,886-1.2%80,820+205.4%26,461
Price to Book Ratio ratio6.085.095.124.294.002.912.321.667.08
Return on Assets %8.268.167.735.144.502.862.437.516.27
Return on Equity %18.0716.8715.559.878.375.184.3414.8322.59
Return on Invested Capital %11.5512.1111.527.846.824.153.786.869.04
Quick Ratio ratio0.740.760.670.670.620.670.711.210.81
Current Ratio ratio0.880.890.800.790.740.800.851.330.99

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income7,025.006,898.00+5.1%6,565.00+5.9%6,199.00+49.5%4,147.00+8.4%3,826.00+53.0%2,501.00+10.1%2,272.00-47.0%4,288.00
Depreciation3,829.003,763.00-0.4%3,780.00-0.9%3,816.00-9.2%4,204.00-9.3%4,635.00+0.2%4,626.00-1.0%4,675.00+155.5%1,830.00
Other Funds (Non Cash)841.00486.00+67.0%291.00+39.9%208.00-81.0%1,094.00+224.6%337.00-49.2%664.00-295.00-2,291.00
Funds from Operations11,522.0010,682.00+1.8%10,494.00+3.5%10,139.00+11.9%9,062.00+6.1%8,544.00+15.1%7,422.00+16.9%6,349.00+74.4%3,640.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-812.00-332.00-1,071.00-834.00-198.00-116.8%1,181.00+16771.4%7.00-161.00-359.7%62.00
Cash from Operating Activities10,710.0010,350.00+9.8%9,423.00+1.3%9,305.00+5.0%8,864.00-8.9%9,725.00+30.9%7,429.00+20.1%6,188.00+67.2%3,702.00
Capital Expenditures-5,630.00-5,261.00-4,497.00-3,787.00-3,173.00-3,086.00-3,400.00-3,682.00-1,883.00
Net Assets From Acquisitions-430.00-412.00-317.00-953.00-110.00-88.00-68.00-225.00-25.00
Sale of Fixed Assets and Businesses189.0042.00-75.3%170.00+142.9%70.00-64.1%195.00+16.8%167.00-65.4%482.00-90.5%5,096.00-29.9%7,271.00
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses5.00-90.000.000.000.000.000.00-60.00-23.00
Other Sources37.000.000.000.000.000.000.000.000.00
Cash from Investing Activities-5,829.00-5,721.00-4,644.00-4,670.00-3,088.00-3,007.00-2,986.00-364.5%1,129.00-78.9%5,340.00
Cash Dividends Paid-2,912.00-2,811.00-2,655.00-2,482.00-2,344.00-2,189.00-2,028.00-1,891.00-1,166.00
Change in Capital Stock-3,993.00-4,578.00-4,451.00-3,925.00-5,132.00-4,562.00-2,410.00-2,586.00-522.00
Repurchase of Common Pref Stock-4,022.00-4,601.00-4,482.00-3,958.00-5,168.00-4,612.00-2,457.00-2,658.00-599.00
Sale of Common Pref Stock29.0023.00-25.8%31.00-6.1%33.00-8.3%36.00-28.0%50.00+6.4%47.00-34.7%72.00-6.5%77.00
Proceedsfrom Stock Options29.0023.00-25.8%31.00-6.1%33.00-8.3%36.00-28.0%50.00+6.4%47.00-34.7%72.00-6.5%77.00
Issuance or Reduction of Debt, Net1,498.002,911.00-8.1%3,167.00+198.8%1,060.00-76.3%4,475.00-514.00-139.1%1,313.00-1,260.00-2,908.00
Change in Long Term Debt1,782.002,870.00-18.9%3,539.00+599.4%506.00-64.5%1,425.00+74.8%815.00+608.7%115.00-1,484.00-3,116.00
Issuance of Long Term Debt4,171.005,148.00+6.3%4,844.00+121.4%2,188.00-31.8%3,210.00+40.6%2,283.00-18.3%2,796.00+2724.2%99.00+1137.5%8.00
Reduction of Long Term Debt-2,389.00-2,278.00-1,305.00-1,682.00-1,785.00-1,468.00-2,681.00-1,583.00-3,124.00
Net Financing Active Other Cash Flow-56.00-76.00-420.00-53.00-88.00-323.00-220.00-3,255.00-400.00
Other Financing Activities Uses-56.00-76.00-420.00-53.00-88.00-323.00-220.00-3,260.00-402.00
Cash from Financing Activities-5,463.00-4,554.00-4,359.00-5,400.00-3,089.00-7,588.00-3,345.00-8,992.00-4,996.00
Exchange Rate Effect20.00131.00-234.00-7.00-74.00-61.00-44.00-77.00-60.00
Net Change in Cash-562.00206.00+10.8%186.00-772.00-129.5%2,613.00-931.00-188.3%1,054.00-1,752.00-144.0%3,986.00
Free Cash Flow5,080.005,089.00+3.3%4,926.00-10.7%5,518.00-3.0%5,691.00-14.3%6,639.00+64.8%4,029.00+60.8%2,506.00+37.8%1,819.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio101.2688.3888.8866.6049.1240.6369.95188.7379.84
Deferred Taxes & Investment Tax Credit--465.00-142.00-84.00-383.00-254.00-369.00-303.00-187.00

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments3,947.00-12.5%4,898.00+2.3%3,959.00-25.2%5,056.00+4.2%4,509.00-13.1%4,786.00+3.5%5,294.00+9.2%4,850.00+4.0%
Short Term Receivables6,042.00+8.7%6,064.00+10.5%5,642.00+7.6%5,464.00+7.9%5,559.00+8.4%5,490.00+5.0%5,243.00+0.3%5,062.00-0.6%
Inventories2,129.00+0.0%2,122.000.0%2,079.00+4.8%2,055.00+5.6%2,128.00+2.0%2,122.00+1.3%1,984.00-5.5%1,946.00-8.0%
Other Current Assets1,298.00+14.4%1,092.00-11.1%1,071.00-0.5%750.00-31.0%1,135.00+7.1%1,229.00+37.2%1,076.00+15.9%1,087.00+45.1%
Total Current Assets13,416.00+0.6%14,176.00+4.0%12,751.00-6.2%13,325.00+2.9%13,331.00-1.0%13,627.00+6.1%13,597.00+3.8%12,945.00+2.6%
Net Property, Plant & Equipment29,830.00+8.3%29,170.00+8.3%28,564.00+11.1%29,339.00+13.9%27,535.00+9.6%26,928.00+9.6%25,710.00+5.3%25,764.00+1.1%
Total Investments and Advances20.00+150.0%10.00-41.2%11.00+57.1%2,133.00-4.8%8.00+60.0%17.00+466.7%7.00-87.7%2,240.00-6.1%
Intangible Assets39,326.00-1.1%39,491.00-1.0%39,555.00+3.9%39,798.00+6.8%39,759.00+1.4%39,894.00+4.4%38,068.00-0.6%37,267.00-4.8%
Deferred Tax Assets---423.00-1.2%---428.00+89.4%
Other Assets5,379.00+4.8%5,411.00-2.8%5,357.00+0.7%1,703.00+15.5%5,132.00+8.4%5,566.00+21.6%5,322.00+18.8%1,475.00+89.8%
Total Assets88,075.00+2.4%88,349.00+2.6%86,315.00+4.4%86,817.00+8.3%85,993.00+4.2%86,078.00+7.3%82,704.00+2.9%80,147.00-0.8%
Short Term Debt Incl. Current Port. of LT Debt6,109.00-16.7%7,335.00+17.9%6,458.00+2.7%6,567.00+0.9%7,333.00+53.2%6,219.00+35.6%6,289.00+23.5%6,510.00+4.9%
Accounts Payable2,854.00+7.9%2,837.00+9.4%2,659.00+8.7%2,810.00+12.1%2,646.00-7.0%2,593.00-9.3%2,446.00-15.2%2,507.00-17.0%
Income Tax Payable---680.00+6.8%---637.00-4.1%
Other Current Liabilities6,680.00+7.5%5,955.00+0.9%6,274.00+9.1%5,141.00+5.1%6,213.00-3.2%5,902.00-2.6%5,750.00-10.3%4,890.00-16.1%
Total Current Liabilities15,643.00-3.4%16,127.00+9.6%15,391.00+6.3%15,198.00+4.5%16,192.00+15.3%14,714.00+9.0%14,485.00+0.7%14,544.00-7.5%
Long Term Debt20,593.00+10.8%20,678.00+5.0%19,859.00+12.8%21,502.00+33.6%18,592.00+6.4%19,701.00+16.4%17,608.00+15.6%16,099.00+14.1%
Provision for Risks Charges0.000.000.001,084.00-0.9%0.000.000.001,094.00-13.7%
Deferred Tax Liabilities---5,556.00-1.8%---5,659.00-1.6%
Other Liabilities10,844.00-2.5%10,914.00-6.5%10,973.00-1.6%3,736.00+14.5%11,123.00+6.8%11,677.00+14.2%11,148.00+6.2%3,263.00+13.7%
Total Liabilities47,080.00+2.6%47,719.00+3.5%46,223.00+6.9%47,076.00+15.8%45,907.00+9.5%46,092.00+13.3%43,241.00+7.8%40,659.00+2.4%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity39,422.00+2.1%39,081.00+1.5%38,566.00+1.4%38,245.00+0.4%38,616.00-1.4%38,515.00+0.9%38,032.00-2.1%38,092.00-4.1%
Total Shareholders Equity39,422.00+2.1%39,081.00+1.5%38,566.00+1.4%38,245.00+0.4%38,616.00-1.4%38,515.00+0.9%38,032.00-2.1%38,092.00-4.1%
Accumulated Minority Interest1,573.00+7.0%1,549.00+5.3%1,526.00+6.6%1,496.00+7.2%1,470.00+2.8%1,471.00+7.2%1,431.00+2.2%1,396.00+1.5%
Total Equity40,995.00+2.3%40,630.00+1.6%40,092.00+1.6%39,741.00+0.6%40,086.00-1.3%39,986.00+1.1%39,463.00-1.9%39,488.00-3.9%
Total Liabilities & Stockholders Equity88,075.00+2.4%88,349.00+2.6%86,315.00+4.4%86,817.00+8.3%85,993.00+4.2%86,078.00+7.3%82,704.00+2.9%80,147.00-0.8%
Book Value Per Share per share85.87+3.8%84.78+3.2%83.37+3.3%82.48+2.5%82.70+0.5%82.14+2.7%80.70-0.1%80.49-2.2%
Tangible Book Value Per Share per share0.21-0.89-2.14-3.35-292.5%-2.45-2.94-0.08-107.1%1.74+47.5%
Full-Time Employees people64,512-1.5%64,649-0.3%-65,177-0.2%65,489-0.2%64,842-1.7%65,069-1.7%65,289-1.6%
Price to Book Ratio ratio6.086.226.015.165.785.815.785.09
Return on Assets %8.058.318.388.268.428.078.118.16
Return on Equity %17.9618.6718.4918.0718.2417.5117.2016.87
Return on Invested Capital %2.823.233.182.563.373.033.013.18
Quick Ratio ratio0.720.750.690.740.690.780.800.76
Current Ratio ratio0.860.880.830.880.820.930.940.89

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income1,740.00-11.8%1,972.00+9.2%1,900.00+11.3%1,413.00-11.5%1,972.00+23.0%1,806.00+6.2%1,707.00+2.5%1,597.00+11.4%
Depreciation965.00+0.4%963.00+2.2%951.00+4.5%950.00+4.1%961.00+0.1%942.00-1.7%910.00-4.1%913.00-3.8%
Other Funds (Non Cash)433.00-13.00-192.9%-3.00-105.0%424.00+256.3%-12.00-107.1%14.00-30.0%60.00119.00-39.6%
Funds from Operations2,984.00+20.5%2,902.00+5.9%2,856.00+6.3%2,780.00-0.5%2,476.00-5.1%2,740.00+8.3%2,686.00+4.8%2,795.00+4.8%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital185.00-60.8%-631.00-616.00250.00+1685.7%472.00+283.7%-529.00-525.0014.00-76.3%
Cash from Operating Activities3,169.00+7.5%2,271.00+2.7%2,240.00+3.7%3,030.00+7.9%2,948.00+7.9%2,211.00+14.6%2,161.00+10.6%2,809.00+3.0%
Capital Expenditures-1,392.00-1,438.00-1,342.00-1,458.00-1,276.00-1,257.00-1,270.00-1,250.00
Net Assets From Acquisitions-26.00-232.00-153.00-19.00-123.00-158.00-112.00-142.00
Sale of Fixed Assets and Businesses55.00+685.7%11.000.0%112.00+761.5%11.00-31.3%7.00-94.7%11.00-26.7%13.00+85.7%16.00-55.6%
Purchase or Sale of Investments0.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.00
Other Uses0.001.00-1.005.00-42.00-53.000.000.00
Other Sources37.000.000.000.000.000.000.000.00
Cash from Investing Activities-1,326.00-1,658.00-1,384.00-1,461.00-1,434.00-1,457.00-1,369.00-1,376.00
Cash Dividends Paid-735.00-738.00-741.00-698.00-701.00-704.00-708.00-659.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-950.00-852.00-804.00-1,387.00-984.00-1,107.00-1,100.00-1,331.00
Repurchase of Common Pref Stock-954.00-871.00-807.00-1,390.00-989.00-1,111.00-1,111.00-1,334.00
Sale of Common Pref Stock4.00-20.0%19.00+375.0%3.00-72.7%3.000.0%5.00-28.6%4.00-20.0%11.00-31.3%3.00-62.5%
Proceedsfrom Stock Options4.00-20.0%19.00+375.0%3.00-72.7%3.000.0%5.00-28.6%4.00-20.0%11.00-31.3%3.00-62.5%
Issuance or Reduction of Debt, Net-1,141.00-1562.8%1,981.00+472.5%-336.00-122.5%994.00+84.4%78.00-16.1%346.00-73.8%1,493.00+22.9%539.00-35.3%
Change in Long Term Debt-935.001,932.00+2146.5%-675.00-150.8%1,460.00-4.0086.00-95.8%1,328.00-28.1%-324.00-1052.9%
Issuance of Long Term Debt71.00+1320.0%1,958.00+172.3%58.00-97.5%2,084.00+25950.0%5.00-37.5%719.00-69.7%2,340.00-4.7%8.00-87.7%
Reduction of Long Term Debt-1,006.00-26.00-733.00-624.00-9.00-633.00-1,012.00-332.00
Net Financing Active Other Cash Flow28.00-70.00-170.7%-87.0073.00-175.0099.00-73.00-159.00-667.9%
Other Financing Activities Uses28.00-70.00-195.9%-87.0073.00-149.0073.00-73.00-159.00-667.9%
Cash from Financing Activities-2,798.00321.00-1,968.00-1,018.00-1,782.00-1,366.00-388.00-1,610.00
Exchange Rate Effect4.005.00-95.2%15.00-62.5%-4.00-9.00-115.0%104.0040.00-160.00-426.5%
Net Change in Cash-951.00939.00-1,097.00-347.1%547.00-277.00-149.4%-508.00444.00+141.3%-337.00-143.8%
Free Cash Flow1,777.00+6.3%833.00-12.7%898.00+0.8%1,572.00+0.8%1,672.00+0.4%954.00+19.8%891.00-1.7%1,559.00-1.1%
Price to Free Cash Flow ratio101.26114.95102.6687.7397.2195.12100.0388.28

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Total Industrial Inorganic Chemicals revenue33,005.0033,986.00+3.0%100.0%
Total33,005.0033,986.00+3.0%100.0%
Region
Name20242025vs 20242025 share
Australia1,354.001,287.00-4.9%3.8%
Brazil1,263.001,325.00+4.9%3.9%
China2,649.002,600.00-1.8%7.7%
Germany2,509.002,432.00-3.1%7.2%
Mexico1,346.001,391.00+3.3%4.1%
Other international10,847.0011,259.00+3.8%33.1%
United Kingdom1,540.001,510.00-1.9%4.4%
United States11,497.0012,182.00+6.0%35.8%
Total33,005.0033,986.00+3.0%100.0%
Segment
Name20242025vs 20242025 share
APAC6,632.006,661.00+0.4%19.6%
Americas14,442.0015,208.00+5.3%44.7%
Corporate and Other1,257.001,318.00+4.9%3.9%
EMEA8,352.008,549.00+2.4%25.2%
Engineering2,322.002,250.00-3.1%6.6%
Total33,005.0033,986.00+3.0%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.46%6.7M456.0M2.10M
2026-10-151.35%6.2M457.9M2.09M
2026-09-301.31%6.0M457.9M2.07M
2026-09-151.28%5.9M457.9M2.15M
2026-08-311.18%5.4M457.9M2.27M
2026-08-141.07%4.9M457.9M2.30M
2026-07-311.22%5.6M458.6M2.29M
2026-07-151.42%6.5M460.2M2.25M
2026-06-301.43%6.6M460.2M2.24M
2026-06-151.65%7.6M459.5M2.28M
2026-05-291.40%6.4M460.2M2.31M
2026-05-151.54%7.1M460.2M2.39M
2026-04-301.33%6.1M460.2M2.58M
2026-04-151.45%6.7M461.0M2.67M
2026-03-311.54%7.1M461.0M2.73M
2026-03-131.21%5.6M461.0M2.73M
2026-02-271.24%5.7M461.0M2.79M
2026-02-131.31%6.1M464.5M2.81M
2026-01-301.40%6.5M464.5M2.82M
2026-01-151.60%7.4M464.5M2.80M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call230290.52950.003.1480.000.000.993-0.2490.015
call240280.62850.003.0230.000.000.992-0.2480.016
call250270.62750.002.8800.000.000.992-0.2480.017
call260260.62650.002.7420.000.000.991-0.2480.017
call270250.8254.80.002.5670.000.000.991-0.2470.018
call280240.62450.002.4820.000.000.991-0.2470.019
call290230.8235.20.002.3960.000.000.990-0.2460.020
call300220.8225.32222.2570.000.000.990-0.2450.021
call310210.7215.10.002.1230.000.000.989-0.2440.022
call320200.7205.10.002.0280.000.000.988-0.2430.023
call330190.7195.10.001.9180.000.000.988-0.2420.024
call335185.8190.10.001.8640.000.000.987-0.2420.025
call340180.81850.001.7960.000.000.987-0.2410.025
call345175.9180.40.001.7740.000.000.987-0.2410.026
call350170.9174.90.001.6770.000.000.986-0.2400.027
call355166170.20.001.6700.000.000.986-0.2390.027
call360160.7165.2143.851.6191.000.000.985-0.2380.028
call365155.7160.10.001.5560.000.000.985-0.2380.029
call370150.9155.10.001.5190.000.000.984-0.2370.030
call375145.9150.1100.791.4447.000.000.984-0.2360.030
call380140.9144.70.001.3560.000.000.983-0.2350.031
call385136.1140.20.001.3090.000.000.983-0.2340.032
call390131.1135.20.001.2890.000.000.982-0.2330.033
call395126.1129.70.001.2170.000.000.982-0.2320.034
call400121125.2108.321.1721.000.000.981-0.2310.035
call405116.1119.70.001.1270.000.000.959-0.4730.067
call41011111593.311.11710.000.000.957-0.4690.069
call415106.1109.860.001.0503.000.000.956-0.4650.071
call420101105.365.501.0381.000.000.954-0.4600.073
call42596.20100.3105.60.9935.000.000.952-0.4550.076
call43090.9095.3087.550.9677.000.000.950-0.4500.079
call43586.0089.8077.200.8753.000.000.948-0.4440.081
call44081.2085.2039.370.84135.000.000.945-0.4390.084
call44576.1080.2042.000.8241.000.000.943-0.4330.088
call45071.3075.2055.500.7807.000.000.940-0.4260.091
call45566.3070.2058.000.7361.000.000.936-0.4190.095
call46061.2065.0029.550.6762590.000.933-0.4120.099
call46556.4060.3051.840.65525.000.000.929-0.4040.104
call47051.5055.5041.000.62526.000.000.924-0.3950.109
call47546.2050.4042.200.57357.000.000.917-0.3940.117
call48041.6045.6036.920.5151170.000.909-0.3890.125
call48536.7040.7035.060.47696.000.000.899-0.3860.135
call49031.8035.8035.350.44771.000.000.886-0.3860.148
call49526.6030.8029.040.4103220.000.869-0.3840.162
call50022.0026.0026.200.3712,5310.000.827-0.4440.196
call50517.5021.3020.100.3333580.000.776-0.4970.229
call51013.1016.8019.650.29836518.000.730-0.4890.253
call5159.5013.0012.900.2823880.000.668-0.4630.278
call5206.409.108.900.2504091.000.563-0.5270.301
call5253.707.608.300.2832076.000.467-0.5520.304
call5302.355.703.500.2874331.000.374-0.5220.290
call5350.454.502.770.3033182.000.307-0.5250.269
call5400.104.301.920.3471711.000.260-0.5350.248
call5450.252.600.950.32187.000.000.197-0.4480.213
call5500.251.100.600.2772050.000.126-0.3060.159
call5550.100.751.360.28332.001.000.094-0.2540.128
call5600.001.050.060.31575.001.000.084-0.2540.118
call5650.004.900.130.34617.000.000.073-0.2450.106
call5700.004.900.110.37630.000.000.065-0.2390.097
call5750.000.600.050.3877.002.000.050-0.1960.078
call5800.004.900.130.4153650.000.047-0.2000.075
call5850.004.000.190.4491.000.000.047-0.2160.075
call5900.004.900.450.46913.000.000.042-0.2070.069
call5950.004.900.050.50240.000.000.043-0.2240.069
call6000.004.900.500.52822.000.000.041-0.2280.067
call6050.004.900.200.5461.000.000.037-0.2170.062
call6200.004.900.700.62845.000.000.035-0.2400.060
call6400.004.900.090.7211600.000.031-0.2500.054
call6600.004.900.400.8101.000.000.028-0.2580.050
call6800.004.901.900.8941.000.000.026-0.2660.046
call7000.005.000.850.9636.000.000.023-0.2560.041
call7200.004.900.001.0520.000.000.023-0.2780.041
put2300.004.900.002.4730.000.00-0.007-0.2410.015
put2400.004.900.002.3540.000.00-0.008-0.2390.016
put2500.004.900.002.2410.000.00-0.008-0.2380.017
put2600.004.000.002.1310.000.00-0.008-0.2360.017
put2700.004.900.002.0260.000.00-0.009-0.2350.018
put2800.004.900.001.9240.000.00-0.009-0.2330.019
put2900.004.902.001.8252.000.00-0.010-0.2310.020
put3000.004.900.431.7313.000.00-0.010-0.2290.021
put3100.004.902.951.6381.000.00-0.011-0.2270.022
put3200.004.903.401.5491.000.00-0.011-0.2250.023
put3300.003.600.001.4620.000.00-0.012-0.2230.024
put3350.004.000.401.4193.000.00-0.012-0.2220.025
put3400.002.802.061.3772430.00-0.013-0.2210.025
put3450.004.000.011.3365.000.00-0.013-0.2200.026
put3500.004.902.181.2952.000.00-0.014-0.2190.027
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Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-128-KCurrent report2026-11-12SEC
2026-11-09144Filing for proposed sale of securities under Rule 144.SEC
2026-11-064Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-083Initial statement of beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-08-194Statement of changes in beneficial ownership of securities2026-08-18SEC
2026-07-318-KCurrent report2026-07-31SEC
2026-07-3110-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-308-KCurrent report2026-07-28SEC
2026-07-024Statement of changes in beneficial ownership of securities2026-07-01SEC
2026-07-024Statement of changes in beneficial ownership of securities2026-07-01SEC
2026-06-25PX14A6GSEC
2026-06-1611-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-1611-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-104Statement of changes in beneficial ownership of securities2026-06-08SEC
2026-05-28SDSpecialized Disclosure ReportSEC
2026-05-213Initial statement of beneficial ownership of securities2026-05-15SEC
2026-05-184Statement of changes in beneficial ownership of securities2026-05-14SEC
2026-05-15144Filing for proposed sale of securities under Rule 144.SEC
2026-05-14144Filing for proposed sale of securities under Rule 144.SEC
2026-05-138-KCurrent report2026-05-13SEC
2026-05-05S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-05-018-KCurrent report2026-05-01SEC
2026-05-0110-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110050.11M2
2026-100000
2026-090000
2026-0847.91K100
2026-070000
2026-060000
2026-05002.64M2
2026-040000
2026-03005.21M2
2026-02005.04M2
2026-010000
2025-12999.63K100
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.06%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
STATE STREET CORP4.39%
Capital Research Global Investors3.84%
Invesco Ltd.3.30%
VANGUARD PORTFOLIO MANAGEMENT LLC2.69%
GEODE CAPITAL MANAGEMENT, LLC2.62%
PRICE T ROWE ASSOCIATES INC /MD/2.56%
MORGAN STANLEY1.59%
JPMORGAN CHASE & CO1.59%

Funds

Fund% owned
VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND3.57%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.17%
VANGUARD 500 INDEX FUND2.59%
Invesco QQQ Trust, Series 12.12%
VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND1.62%
iShares Core S&P 500 ETF1.37%
Fidelity 500 Index Fund1.30%
Investment Co of America1.23%
SPDR S&P 500 ETF TRUST1.21%
VANGUARD VALUE INDEX FUND0.95%

OakChart. LIN. Cached 15 minutes. Terms