Flagship explainer

What drives Linde plc’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity18%Tax burden78%net income ÷ pretax incomeInterest burden100%pretax ÷ operating incomeOperating margin26%operating income ÷ revenueAsset turnover0.41×revenue ÷ average assetsEquity multiplier2.19×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$6.9BFY2025
Income before tax$8.9BFY2025
Operating income$8.9BFY2025
$34.0BFY2025
Ending assets$86.8BFY2025
Beginning assets$80.1BFY2024
$38.2BFY2025
$38.1BFY2024
Source: · event Dec 31, 2025 · retrieved Oct 18, 2026 · annual-row source set
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