Company / Working Capital
Linde plc Working Capital History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$1.9B
FY2025
5-year range
-$3.5B / -$1.6B
FY2021-FY2025
Trend
-17.1%
vs FY2024
Sector context
#121 of 121
Materials
What the data says
Among 121 Materials companies, Linde plc is in the bottom 0% for working capital. Working Capital has fluctuated over the past 9 years, ranging from -$3.5B in FY2021 to $4.3B in FY2018.
Based on SEC 10-K filings.
-$1.9B in FY2025.
Improved from -$3.1B to -$1.9B over the past 2 years.
Materials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 0% in MaterialsTop 100% of 121This company -$1.9B Sector average $1.2B
▼
-258.0% below sector average
Key checks
Key Insights
- In FY2025, working capital decreased 17.1% year-over-year.
- Ranks #121 out of 121 companies in the Materials sector.
- Peak working capital was recorded in FY2018.
- Lowest working capital in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 1.19 (distress zone, below 1.8 threshold)
- Strong profit margin: 21.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$1.9B | -17.1% |
| FY2024 | -$1.6B | +48.4% |
| FY2023 | -$3.1B | +9.8% |
| FY2022 | -$3.4B | +1.5% |
| FY2021 | -$3.5B | -23.7% |
| FY2020 | -$2.8B | -55.8% |
| FY2019 | -$1.8B | -141.9% |
| FY2018 | $4.3B | +19718.2% |
| FY2017 | -$22.0M | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026