Linde plc Ordinary Shares (LIN) — Tangible Net Worth Ratio

Latest as of December 2025: 70.1%

Linde plc Ordinary Shares (LIN) has a Tangible Net Worth Ratio of 70.1% as of December 2025. This metric is calculated by deducting intangible assets ($11.87 Billion) from net assets ($39.74 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Linde plc Ordinary Shares (LIN) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

70.1%
Tangible equity / total equity

Net Assets (Equity)

$39.74 Billion
USD

Intangible Assets

$11.87 Billion
Goodwill, patents, brand value

Total Assets

$86.82 Billion
USD

Linde plc Ordinary Shares Tangible Net Worth Ratio (1991–2025)

This chart shows how Linde plc Ordinary Shares's Tangible Net Worth Ratio has changed across 35 annual periods from 1991 to 2025. As of December 2025, the ratio stands at 70.1%, reflecting net assets of $39.74 Billion with intangible assets of $11.87 Billion USD. See defensive interval ratio of Linde plc Ordinary Shares to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Linde plc Ordinary Shares (1991–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Linde plc Ordinary Shares from 1991 to 2025, covering 35 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Linde plc Ordinary Shares.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 70.1% $39.74 Billion $11.87 Billion $86.82 Billion ▼ -1.2 pp
2024 71.3% $39.49 Billion $11.33 Billion $80.15 Billion ▲ +1.5 pp
2023 69.8% $41.09 Billion $12.40 Billion $80.81 Billion ▼ -0.2 pp
2022 70.0% $41.39 Billion $12.42 Billion $79.66 Billion ▲ +0.4 pp
2021 69.6% $45.44 Billion $13.80 Billion $81.61 Billion ▲ +2.3 pp
2020 67.4% $49.58 Billion $16.18 Billion $88.23 Billion ▼ -1.4 pp
2019 68.7% $51.63 Billion $16.14 Billion $86.61 Billion ▼ -2.8 pp
2018 71.6% $57.10 Billion $16.22 Billion $93.39 Billion ▼ -19.9 pp
2017 91.5% $6.52 Billion $553.00 Million $20.44 Billion ▲ +2.2 pp
2016 89.3% $5.45 Billion $583.00 Million $19.33 Billion ▲ +0.9 pp
2015 88.4% $4.91 Billion $568.00 Million $18.32 Billion ▼ -1.8 pp
2014 90.3% $6.19 Billion $603.00 Million $19.80 Billion ▼ -1.6 pp
2013 91.8% $7.31 Billion $596.00 Million $20.25 Billion ▼ -5.6 pp
2012 97.4% $6.67 Billion $173.00 Million $18.09 Billion ▲ +0.3 pp
2011 97.1% $5.80 Billion $167.00 Million $16.36 Billion ▼ -0.7 pp
2010 97.9% $6.14 Billion $132.00 Million $15.27 Billion ▲ +0.4 pp
2009 97.5% $5.65 Billion $142.00 Million $14.32 Billion ▲ +0.3 pp
2008 97.2% $4.31 Billion $121.00 Million $13.05 Billion ▼ -0.4 pp
2007 97.5% $5.46 Billion $134.00 Million $13.38 Billion ▼ -1.0 pp
2006 98.5% $4.78 Billion $71.00 Million $11.10 Billion ▲ +38.1 pp
2005 60.4% $4.10 Billion $1.63 Billion $10.49 Billion ▲ +3.1 pp
2004 57.2% $3.83 Billion $1.64 Billion $9.88 Billion ▼ -8.3 pp
2003 65.5% $3.28 Billion $1.13 Billion $8.30 Billion ▲ +6.9 pp
2002 58.7% $2.50 Billion $1.03 Billion $7.40 Billion ▲ +3.7 pp
2001 54.9% $2.62 Billion $1.18 Billion $7.71 Billion ▼ -1.5 pp
2000 56.4% $2.52 Billion $1.10 Billion $7.76 Billion ▼ -2.8 pp
1999 59.1% $2.72 Billion $1.11 Billion $7.72 Billion ▲ +3.1 pp
1998 56.0% $2.89 Billion $1.27 Billion $8.10 Billion ▲ +0.7 pp
1997 55.4% $2.72 Billion $1.21 Billion $7.81 Billion ▲ +2.4 pp
1996 52.9% $2.49 Billion $1.17 Billion $7.54 Billion ▼ -35.7 pp
1995 88.6% $1.53 Billion $174.00 Million $4.13 Billion ▼ -3.9 pp
1994 92.6% $1.21 Billion $90.00 Million $3.52 Billion ▼ -7.4 pp
1993 100.0% $980.00 Million $0.00 $3.25 Billion ▲ +0.0 pp
1992 100.0% $945.00 Million $0.00 $3.34 Billion ▲ +0.0 pp
1991 100.0% $1.03 Billion $0.00 $3.45 Billion
pp = percentage points