Linde (LIN|$202.6B) - 2025 Q3 Earnings Analysis

#LIN Linde 2025 Q3 Earnings: Linde reported strong Q3 2025 results with a 3% increase in sales and an adjusted EPS of $4.21, surpassing analyst expectations.

Sales: $8.6 billion, up 3% YoY

Adj EPS: $4.21 vs. forecast $4.18 (7 analysts)

Operating Cash Flow: $2.9 billion, up 8% YoY

Shareholder Returns: $1.69 billion

"Despite stagnant industrial activity, Linde employees once again demonstrated resilient results by growing operating cash flow 8% and EPS to an all-time high of $4.21, all while maintaining industry leading margins and return on capital." - CEO Sanjiv Lamba

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