Linde plc (LIN) FCF Payout Ratio: 56.73%
Is Linde plc’s FCF payout ratio high or low?
Linde plc's FCF payout ratio of 56.73% is 22% above its 5-year average of 46.43%, near the high end of its 5-year range (32.97%–56.73%).
3.96% above its 12-month average of 54.57%.
LIN FCF Payout Ratio Chart
LIN Average FCF Payout Ratio Chart
LIN Current vs Average FCF Payout Ratio Chart
LIN FCF Payout Ratio Metrics
FCF PAYOUT RATIO
56.73%
FCF PAYOUT RATIO AVG TTM
54.57%
FCF PAYOUT RATIO AVG 3Y
48.83%
FCF PAYOUT RATIO AVG 5Y
46.43%
FCF PAYOUT RATIO AVG 10Y
55.22%
FCF PAYOUT RATIO AVG 15Y
66.46%
FCF PAYOUT RATIO AVG 20Y
66.05%
CURRENT VS TTM AVG
+3.96%
CURRENT VS 3Y AVG
+16.19%
CURRENT VS 5Y AVG
+22.17%
CURRENT VS 10Y AVG
+2.73%
CURRENT VS 15Y AVG
-14.64%
CURRENT VS 20Y AVG
-14.11%
Payout Ratio Comparison
FCF Payout Ratio
56.7%
Earnings Payout Ratio
42.3%
Dividend Yield
1.22%
FCF Yield
2.15%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $5.09B | $2.81B | 55.2% |
| 2024 | $4.93B | $2.65B | 53.9% |
| 2023 | $5.52B | $2.48B | 45.0% |
| 2022 | $5.69B | $2.34B | 41.2% |
| 2021 | $6.64B | $2.19B | 33.0% |
| 2020 | $4.03B | $2.03B | 50.3% |
| 2019 | $2.51B | $1.89B | 75.5% |
| 2018 | $1.82B | $1.17B | 64.1% |
| 2017 | $1.73B | $901.00M | 52.1% |
| 2016 | $1.31B | $856.00M | 65.4% |
| 2015 | $1.14B | $819.00M | 71.8% |
| 2014 | $1.18B | $759.00M | 64.4% |
| 2013 | $897.00M | $708.00M | 78.9% |
| 2012 | $572.00M | $655.00M | 114.5% |
| 2011 | $658.00M | $602.00M | 91.5% |
| 2010 | $517.00M | $551.00M | 106.6% |
| 2009 | $816.00M | $491.00M | 60.2% |
| 2008 | $427.00M | $468.00M | 109.6% |
| 2007 | $582.00M | $381.00M | 65.5% |
| 2006 | $652.00M | $323.00M | 49.5% |
| 2005 | $598.00M | $233.00M | 39.0% |
| 2004 | $575.00M | $195.00M | 33.9% |
| 2003 | $154.00M | $149.00M | 96.8% |
| 2002 | $503.00M | $123.00M | 24.5% |
| 2001 | $425.00M | $110.00M | 25.9% |
| 2000 | $195.00M | $98.00M | 50.3% |
| 1999 | $300.00M | $89.00M | 29.7% |
| 1998 | $155.00M | $79.00M | 51.0% |
| 1997 | ($150.00M) | $69.00M | N/A (Loss) |
| 1996 | ($287.00M) | $58.00M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Linde plc FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Linde plc FCF Payout Ratio FAQ
- What is the FCF payout ratio for Linde plc (LIN)?
- The FCF payout ratio for LIN stock is 56.73%.
- Is Linde plc's FCF payout ratio high or low?
- Linde plc's FCF payout ratio of 56.73% is 22% above its 5-year average of 46.43%, near the high end of its 5-year range (32.97%–56.73%).
- What is the TTM average FCF payout ratio for Linde plc (LIN)?
- The TTM average FCF payout ratio for LIN stock is 54.57%.
- What is the 3Y average FCF payout ratio for Linde plc (LIN)?
- The 3Y average FCF payout ratio for LIN stock is 48.83%.
- What is the 5Y average FCF payout ratio for Linde plc (LIN)?
- The 5Y average FCF payout ratio for LIN stock is 46.43%.
- What is the 10Y average FCF payout ratio for Linde plc (LIN)?
- The 10Y average FCF payout ratio for LIN stock is 55.22%.
- What is the 15Y average FCF payout ratio for Linde plc (LIN)?
- The 15Y average FCF payout ratio for LIN stock is 66.46%.
- What is the 20Y average FCF payout ratio for Linde plc (LIN)?
- The 20Y average FCF payout ratio for LIN stock is 66.05%.
Linde plc FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 55.24% |
| 2024-12-31 | 53.90% |
| 2023-12-31 | 44.98% |
| 2022-12-31 | 41.19% |
| 2021-12-31 | 32.97% |
| 2020-12-31 | 50.34% |
| 2019-12-31 | 75.46% |
| 2018-12-31 | 64.10% |
| 2017-12-31 | 52.08% |
| 2016-12-31 | 65.44% |
| 2015-12-31 | 71.78% |
| 2014-12-31 | 64.38% |
| 2013-12-31 | 78.93% |
| 2012-12-31 | 114.51% |
| 2011-12-31 | 91.49% |
| 2010-12-31 | 106.58% |
| 2009-12-31 | 60.17% |
| 2008-12-31 | 109.60% |
| 2007-12-31 | 65.46% |
| 2006-12-31 | 49.54% |
| 2005-12-31 | 38.96% |
| 2004-12-31 | 33.91% |
| 2003-12-31 | 96.75% |
| 2002-12-31 | 24.45% |
| 2001-12-31 | 25.88% |
| 2000-12-31 | 50.26% |
| 1999-12-31 | 29.67% |
| 1998-12-31 | 50.97% |
About Linde plc
Linde plc functions as a global industrial gas and engineering powerhouse, extending its operations throughout North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company's comprehensive product line features atmospheric gases like oxygen, nitrogen, argon, and various rare gases, alongside a diverse array of process gases such as carbon dioxide, helium, hydrogen, specialized electronic gases, and acetylene. Beyond gas supply, Linde is also adept at designing and constructing turnkey process plants. These engineering solutions serve both third-party customers and its own gas business facilities, covering types like olefin, natural gas, air separation, hydrogen, and synthesis gas plants. Linde's extensive client base spans numerous sectors, including healthcare, energy, general manufacturing, food and beverage carbonation, fiber-optics, steel production, aerospace, chemicals, and water treatment. Established in 1879, the company is headquartered in Woking, United Kingdom.
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- CEO
- Sanjiv Lamba