Linde plc operates in 6 regions: United States; Germany; China; United Kingdom; Australia; and Brazil.
Area Asset Turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
United States | 1.24 | 1.38 | 1.19 | 1.09 | 1.15 |
Germany | 1.78 | 2.18 | 1.80 | 1.56 | 1.49 |
China | 1.25 | 1.21 | 1.07 | 0.85 | 0.89 |
United Kingdom | 2.20 | 2.78 | 1.91 | 1.21 | 1.12 |
Australia | 1.99 | 1.99 | 1.50 | 0.97 | 0.93 |
Brazil | 1.56 | 1.61 | 1.51 | 1.12 | 1.04 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | United States | United States area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Germany | Germany area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
China | China area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. | |
United Kingdom | United Kingdom area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. | |
Australia | Australia area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. | |
Brazil | Brazil area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Area Asset Turnover: United States
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Sales | 10,566) | 10,553) | 9,123) | 8,475) | 8,604) |
Long-lived assets | 8,490) | 7,663) | 7,659) | 7,777) | 7,498) |
Area Activity Ratio | |||||
Area asset turnover1 | 1.24 | 1.38 | 1.19 | 1.09 | 1.15 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Sales ÷ Long-lived assets
= 10,566 ÷ 8,490 = 1.24
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | United States | United States area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Area Asset Turnover: Germany
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Sales | 2,827) | 3,662) | 3,601) | 3,740) | 3,630) |
Long-lived assets | 1,584) | 1,678) | 2,003) | 2,394) | 2,429) |
Area Activity Ratio | |||||
Area asset turnover1 | 1.78 | 2.18 | 1.80 | 1.56 | 1.49 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Sales ÷ Long-lived assets
= 2,827 ÷ 1,584 = 1.78
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | Germany | Germany area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Area Asset Turnover: China
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Sales | 2,585) | 2,643) | 2,562) | 2,061) | 2,005) |
Long-lived assets | 2,063) | 2,176) | 2,385) | 2,413) | 2,254) |
Area Activity Ratio | |||||
Area asset turnover1 | 1.25 | 1.21 | 1.07 | 0.85 | 0.89 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Sales ÷ Long-lived assets
= 2,585 ÷ 2,063 = 1.25
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | China | China area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: United Kingdom
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Sales | 1,507) | 1,954) | 2,060) | 1,595) | 1,653) |
Long-lived assets | 684) | 704) | 1,078) | 1,313) | 1,479) |
Area Activity Ratio | |||||
Area asset turnover1 | 2.20 | 2.78 | 1.91 | 1.21 | 1.12 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Sales ÷ Long-lived assets
= 1,507 ÷ 684 = 2.20
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | United Kingdom | United Kingdom area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Area Asset Turnover: Australia
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Sales | 1,303) | 1,372) | 1,307) | 1,071) | 1,127) |
Long-lived assets | 654) | 688) | 872) | 1,105) | 1,214) |
Area Activity Ratio | |||||
Area asset turnover1 | 1.99 | 1.99 | 1.50 | 0.97 | 0.93 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Sales ÷ Long-lived assets
= 1,303 ÷ 654 = 1.99
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | Australia | Australia area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Area Asset Turnover: Brazil
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Sales | 1,302) | 1,158) | 1,065) | 822) | 994) |
Long-lived assets | 836) | 720) | 705) | 734) | 956) |
Area Activity Ratio | |||||
Area asset turnover1 | 1.56 | 1.61 | 1.51 | 1.12 | 1.04 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Sales ÷ Long-lived assets
= 1,302 ÷ 836 = 1.56
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | Brazil | Brazil area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Sales
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
United States | 10,566) | 10,553) | 9,123) | 8,475) | 8,604) |
Germany | 2,827) | 3,662) | 3,601) | 3,740) | 3,630) |
China | 2,585) | 2,643) | 2,562) | 2,061) | 2,005) |
United Kingdom | 1,507) | 1,954) | 2,060) | 1,595) | 1,653) |
Australia | 1,303) | 1,372) | 1,307) | 1,071) | 1,127) |
Brazil | 1,302) | 1,158) | 1,065) | 822) | 994) |
Other, non-U.S. | 12,764) | 12,022) | 11,075) | 9,479) | 10,215) |
Total | 32,854) | 33,364) | 30,793) | 27,243) | 28,228) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Long-lived assets
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
United States | 8,490) | 7,663) | 7,659) | 7,777) | 7,498) |
Germany | 1,584) | 1,678) | 2,003) | 2,394) | 2,429) |
China | 2,063) | 2,176) | 2,385) | 2,413) | 2,254) |
United Kingdom | 684) | 704) | 1,078) | 1,313) | 1,479) |
Australia | 654) | 688) | 872) | 1,105) | 1,214) |
Brazil | 836) | 720) | 705) | 734) | 956) |
Other, non-U.S. | 10,241) | 9,919) | 11,301) | 12,975) | 13,234) |
Total | 24,552) | 23,548) | 26,003) | 28,711) | 29,064) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).