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LIN Linde Plc

Nasdaq, CIK 0001707925, fiscal year ends 12/31. Last price 508.83 on 2026-10-23, market value 234.6 billion dollars.

Machine-readable: LIN.json, LIN.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

PhilosophyScoreStatusCurrent inputs as ofHistory usedPriceVerificationRules
Graham Defensive 35
partial, missing 5
partial: 5 2025-12-31
stale: Revenue
2016–2025 2026-10-23 11 verified, 19 unverified method
Magic Formula 27 ok 2025-12-31
stale: operating_income_q, ppe_net
— 2026-10-23 — method
Momentum 60 ok 2026-10-23 — 2026-10-23 — method
Insider 21 ok 2026-10-23 — — — method
Buffett Quality 70 ok 2026-06-30 2016–2025 2026-10-23 0 verified, 48 unverified method
Lynch GARP 73 ok 2026-06-30 2020–2025 2026-10-23 0 verified, 6 unverified method
Graham Enterprising 35 ok 2026-06-30 2020–2025 2026-10-23 0 verified, 10 unverified method
Piotroski F-Score 56 ok — 2024–2026 — 0 verified, 27 unverified method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

InputValueUnitPeriod / dateSource
Traded price508.83USD per traded unit (share or ADS)2026-10-23Yahoo Finance
SEC shares outstanding460,980,163underlying shares2026-06-30SEC cover page 10-Q 0001628280-26-051289 (460,980,163 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1707925/000162828026051289/lin-20260630.htm 0001628280-26-051289
Depositary ratio1.0underlying shares per traded unit domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares234,560,536,339USD2026-10-23
shares at 2026-06-30
508.83 (price 2026-10-23) / 1 x 460,980,163 (shares at 2026-06-30) = 234,560,536,339

Graham Defensive

35 of 100. partial: 5. How this is scored.

Test or factorValueThresholdPoints
1 Adequate size33.99 revenue $B>= 15.0 / 5
2a Current ratio0.88>= 2.00.0 / 15
2b Long-term debt vs working capital working capital not positive— LTD / WC<= 1.00.0 / 15
3 Positive earnings each of 10 years10 of 1010 of 1015.0 / 15
4 Dividends every year for 20 years20 of 20 XBRL check: 10 years agree, 10 unverified20 of 2015.0 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago— missing 2014, 2015>= +33%None / 10
6 P/E on 3-year average EPS37.4<= 150.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5P/B 6.00, product 224.4<= 1.5 or <= 22.50.0 / 10
Inputs, 32 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)508.832026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
Revenue33986000000.02025-12-31 staleSEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-011430unverified
current_assets14176000000.02026-06-30SEC XBRL AssetsCurrent 0001628280-26-051289unverified
current_liabilities16127000000.02026-06-30SEC XBRL LiabilitiesCurrent 0001628280-26-051289unverified
lt_debt20678000000.02026-06-30SEC XBRL LongTermDebtNoncurrent 0001628280-26-051289unverified
equity39081000000.02026-06-30SEC XBRL StockholdersEquity 0001628280-26-051289unverified
Net income FY20161500000000.02016-12-31 historySEC XBRL NetIncomeLoss 0001628280-19-003050unverified
Net income FY20171247000000.02017-12-31 historySEC XBRL NetIncomeLoss 0001707925-20-000015unverified
Net income FY20184381000000.02018-12-31 historySEC XBRL NetIncomeLoss 0001628280-21-003574unverified
Net income FY20192285000000.02019-12-31 historySEC XBRL NetIncomeLoss 0001628280-22-004180unverified
Net income FY20202501000000.02020-12-31 historySEC XBRL NetIncomeLoss 0001628280-23-005434unverified
Net income FY20213826000000.02021-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-24-007424unverified
Net income FY20224147000000.02022-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-25-007990unverified
Net income FY20236199000000.02023-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Net income FY20246565000000.02024-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Net income FY20256898000000.02025-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Dividend years (Yahoo)[2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] historyYahoo Finance dividend historyverified (partly: XBRL covers 10 of 20 years)
Dividends per share FY2016 (XBRL)3.02016-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001628280-19-003050verified
Dividends per share FY2017 (XBRL)3.152017-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001707925-20-000015verified
Dividends per share FY2018 (XBRL)3.32018-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001628280-21-003574verified
Dividends per share FY2019 (XBRL)3.52019-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001628280-22-004180verified
Dividends per share FY2020 (XBRL)3.8522020-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001628280-23-005434verified
Dividends per share FY2021 (XBRL)4.242021-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001628280-24-007424verified
Dividends per share FY2022 (XBRL)4.682022-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001628280-25-007990verified
Dividends per share FY2023 (XBRL)5.12023-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001628280-26-011430verified
Dividends per share FY2024 (XBRL)5.562024-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001628280-26-011430verified
Dividends per share FY2025 (XBRL)6.02025-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001628280-26-011430verified
EPS diluted FY20165.212016-12-31 historySEC XBRL EarningsPerShareDiluted 0001628280-19-003050unverified
EPS diluted FY202312.592023-12-31 historySEC XBRL EarningsPerShareDiluted 0001628280-26-011430unverified
EPS diluted FY202413.622024-12-31 historySEC XBRL EarningsPerShareDiluted 0001628280-26-011430unverified
EPS diluted FY202514.612025-12-31 historySEC XBRL EarningsPerShareDiluted 0001628280-26-011430unverified
Shares outstanding460980163.02026-06-30SEC cover page 10-Q 0001628280-26-051289 (460,980,163 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1707925/000162828026051289/lin-20260630.htm 0001628280-26-051289not cross-checked

Magic Formula

27 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (28,013,000,000) - cash3.64 % (rank 131)
Return on capital (EBIT/(NWC+PPE)) net working capital -1,951,000,000 used as reported35.65 % (rank 116)
Combined rank247
Inputs, 14 numbers with their sources
InputValuePeriodSourceCheck
operating_income8923000000.02025-12-31 historySEC XBRL OperatingIncomeLoss 0001628280-26-011430not cross-checked
operating_income_q2439000000.02026-03-31 staleSEC XBRL OperatingIncomeLoss (quarter CY2026Q1) 0001628280-26-029165not cross-checked
operating_income_q2184000000.02025-03-31 historySEC XBRL OperatingIncomeLoss (quarter CY2025Q1) 0001628280-26-029165not cross-checked
operating_income_q2554000000.02026-06-30SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) 0001628280-26-051289not cross-checked
operating_income_q2354000000.02025-06-30 historySEC XBRL OperatingIncomeLoss (quarter CY2025Q2) 0001628280-26-051289not cross-checked
current_assets14176000000.02026-06-30SEC XBRL AssetsCurrent 0001628280-26-051289not cross-checked
current_liabilities16127000000.02026-06-30SEC XBRL LiabilitiesCurrent 0001628280-26-051289not cross-checked
cash4898000000.02026-06-30SEC XBRL CashAndCashEquivalentsAtCarryingValue 0001628280-26-051289not cross-checked
ppe_net28260000000.02025-12-31 staleSEC XBRL PropertyPlantAndEquipmentNet 0001628280-26-011430not cross-checked
debt_incl_current23152000000.02026-06-30SEC XBRL LongTermDebt 0001628280-26-051289not cross-checked
debt_short4861000000.02026-06-30SEC XBRL ShortTermBorrowings 0001628280-26-051289not cross-checked
shares_out460980163.02026-06-30SEC cover page 10-Q 0001628280-26-051289 (460,980,163 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1707925/000162828026051289/lin-20260630.htm 0001628280-26-051289not cross-checked
Price (close)508.832026-10-23Yahoo Finance / Alpaca Market Datanot cross-checked
notedebt = LongTermDebt (incl. current maturities) + short-term borrowingsnot cross-checked

Momentum

60 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
12-1 month return5.8 % (percentile 49.6)24.8 / 50
6 month return0.8 % (percentile 43.1)8.6 / 20
Price / 52-week high0.93414.0 / 15
Volatility penalty (60d annualised)19.3 %12.8 / 15
Inputs, 1 numbers with their sources
InputValuePeriodSourceCheck
Adjusted close series (14 months)508.832026-10-23Yahoo Finance / Alpaca Market Data daily historynot cross-checked

Insider

21 of 100. ok. How this is scored. Form 4 data loaded through 2026-10-23

Test or factorValueThresholdPoints
Open-market buy value / market cap (percentile among buyers)0.0 bp3.1 / 35
Distinct buyers16.2 / 25
Buyer seniority0.510.0 / 20
Recency (half-life 30d)0.22.0 / 10
Sales penalty (excludes 10b5-1 plan sales)0.0 bp-0.0 / 0
Inputs, 1 numbers with their sources
InputValuePeriodSourceCheck
Form 4 P Reynolds Paula Rosput 2026-08-1847912.02026-08-18SEC Form 4 (insider transactions data set)not cross-checked

Buffett Quality

70 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
1 Average return on equity (net income / year-end equity)11.0% over 8 yrs>= 15%10.9 / 25
2 Profitable every year10 of 10all years15.0 / 15
3 Net income growth, 3-yr average now vs start of window+15.6% a year>= +10%10.0 / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities) + short-term borrowings4.3 years<= 414.0 / 15
5 Operating margin, 5-yr average21.8%>= 20%10.0 / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex)1.01>= 1.010.0 / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)2.2%>= 7%0.0 / 15
Inputs, 50 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)508.832026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
Net income FY20184381000000.02018-12-31 historySEC XBRL NetIncomeLoss 0001628280-21-003574unverified
Equity at FY2018 end51596000000.02018-12-31 historySEC XBRL StockholdersEquity 0001707925-20-000015unverified
Net income FY20192285000000.02019-12-31 historySEC XBRL NetIncomeLoss 0001628280-22-004180unverified
Equity at FY2019 end49074000000.02019-12-31 historySEC XBRL StockholdersEquity 0001628280-21-003574unverified
Net income FY20202501000000.02020-12-31 historySEC XBRL NetIncomeLoss 0001628280-23-005434unverified
Equity at FY2020 end47317000000.02020-12-31 historySEC XBRL StockholdersEquity 0001628280-22-004180unverified
Net income FY20213826000000.02021-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-24-007424unverified
Equity at FY2021 end44035000000.02021-12-31 historySEC XBRL StockholdersEquity 0001628280-23-005434unverified
Net income FY20224147000000.02022-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-25-007990unverified
Equity at FY2022 end40028000000.02022-12-31 historySEC XBRL StockholdersEquity 0001628280-24-007424unverified
Net income FY20236199000000.02023-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Equity at FY2023 end39720000000.02023-12-31 historySEC XBRL StockholdersEquity 0001628280-25-007990unverified
Net income FY20246565000000.02024-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Equity at FY2024 end38092000000.02024-12-31 historySEC XBRL StockholdersEquity 0001628280-26-011430unverified
Net income FY20256898000000.02025-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Equity at FY2025 end38245000000.02025-12-31 historySEC XBRL StockholdersEquity 0001628280-26-051289unverified
Net income FY20161500000000.02016-12-31 historySEC XBRL NetIncomeLoss 0001628280-19-003050unverified
Net income FY20171247000000.02017-12-31 historySEC XBRL NetIncomeLoss 0001707925-20-000015unverified
Net income FY20184381000000.02018-12-31 historySEC XBRL NetIncomeLoss 0001628280-21-003574unverified
Net income FY20192285000000.02019-12-31 historySEC XBRL NetIncomeLoss 0001628280-22-004180unverified
Net income FY20202501000000.02020-12-31 historySEC XBRL NetIncomeLoss 0001628280-23-005434unverified
Net income FY20213826000000.02021-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-24-007424unverified
Net income FY20224147000000.02022-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-25-007990unverified
Net income FY20236199000000.02023-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Net income FY20246565000000.02024-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Net income FY20256898000000.02025-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
debt_incl_current23152000000.02026-06-30SEC XBRL LongTermDebt 0001628280-26-051289unverified
debt_short4861000000.02026-06-30SEC XBRL ShortTermBorrowings 0001628280-26-051289unverified
Operating income FY20214984000000.02021-12-31 historySEC XBRL OperatingIncomeLoss 0001628280-24-007424unverified
Revenue FY202130793000000.02021-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-24-007424unverified
Operating income FY20225369000000.02022-12-31 historySEC XBRL OperatingIncomeLoss 0001628280-25-007990unverified
Revenue FY202233364000000.02022-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-25-007990unverified
Operating income FY20238024000000.02023-12-31 historySEC XBRL OperatingIncomeLoss 0001628280-26-011430unverified
Revenue FY202332854000000.02023-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-011430unverified
Operating income FY20248635000000.02024-12-31 historySEC XBRL OperatingIncomeLoss 0001628280-26-011430unverified
Revenue FY202433005000000.02024-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-011430unverified
Operating income FY20258923000000.02025-12-31 historySEC XBRL OperatingIncomeLoss 0001628280-26-011430unverified
Revenue FY202533986000000.02025-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-011430unverified
Operating cash flow FY20219725000000.02021-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-24-007424unverified
Capital expenditure FY20213086000000.02021-12-31 historySEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001628280-24-007424unverified
Operating cash flow FY20228864000000.02022-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-25-007990unverified
Capital expenditure FY20223173000000.02022-12-31 historySEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001628280-25-007990unverified
Operating cash flow FY20239305000000.02023-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-26-011430unverified
Capital expenditure FY20233787000000.02023-12-31 historySEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001628280-26-011430unverified
Operating cash flow FY20249423000000.02024-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-26-011430unverified
Capital expenditure FY20244497000000.02024-12-31 historySEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001628280-26-011430unverified
Operating cash flow FY202510350000000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-26-011430unverified
Capital expenditure FY20255261000000.02025-12-31 historySEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001628280-26-011430unverified
Shares outstanding460980163.02026-06-30SEC cover page 10-Q 0001628280-26-051289 (460,980,163 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1707925/000162828026051289/lin-20260630.htm 0001628280-26-051289not cross-checked

Lynch GARP

73 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
1 PEG: P/E divided by 5-yr EPS growth (in % points)1.37<= 1.018.9 / 30
2 EPS growth, 5-yr compound rate+25.4% a year12% to 35% a year20.0 / 20
3 P/E on latest annual EPS34.8<= 253.4 / 10
4 Borrowings / equity LongTermDebt (incl. current maturities) + short-term borrowings0.72<= 0.511.7 / 15
5 Years of the last 5 in which EPS rose5 of 55 of 515.0 / 15
6 Net cash (cash minus borrowings) / market cap-9.9%>= +10%4.3 / 10
Inputs, 7 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)508.832026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
EPS diluted FY202514.612025-12-31 historySEC XBRL EarningsPerShareDiluted 0001628280-26-011430unverified
EPS diluted FY20204.712020-12-31 historySEC XBRL EarningsPerShareDiluted 0001628280-23-005434unverified
debt_incl_current23152000000.02026-06-30SEC XBRL LongTermDebt 0001628280-26-051289unverified
debt_short4861000000.02026-06-30SEC XBRL ShortTermBorrowings 0001628280-26-051289unverified
equity39081000000.02026-06-30SEC XBRL StockholdersEquity 0001628280-26-051289unverified
cash4898000000.02026-06-30SEC XBRL CashAndCashEquivalentsAtCarryingValue 0001628280-26-051289unverified

Graham Enterprising

35 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
1 Current ratio0.88>= 1.50.0 / 15
2 Borrowings vs working capital working capital not positive—<= 1.1x0.0 / 15
3 No earnings deficit in the last 5 years5 of 5 profitable5 of 515.0 / 15
4 Pays a current dividendyesyes10.0 / 10
5 EPS higher than five years earlier4.71 -> 14.61higher10.0 / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)6.0<= 1.20.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive—<= 0.670.0 / 15
Inputs, 13 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)508.832026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
current_assets14176000000.02026-06-30SEC XBRL AssetsCurrent 0001628280-26-051289unverified
current_liabilities16127000000.02026-06-30SEC XBRL LiabilitiesCurrent 0001628280-26-051289unverified
Net income FY20213826000000.02021-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-24-007424unverified
Net income FY20224147000000.02022-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-25-007990unverified
Net income FY20236199000000.02023-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Net income FY20246565000000.02024-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Net income FY20256898000000.02025-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
Dividend years (Yahoo)[2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] historyYahoo Finance dividend historynot cross-checked
EPS diluted FY202514.612025-12-31 historySEC XBRL EarningsPerShareDiluted 0001628280-26-011430unverified
EPS diluted FY20204.712020-12-31 historySEC XBRL EarningsPerShareDiluted 0001628280-23-005434unverified
equity39081000000.02026-06-30SEC XBRL StockholdersEquity 0001628280-26-051289unverified
Shares outstanding460980163.02026-06-30SEC cover page 10-Q 0001628280-26-051289 (460,980,163 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1707925/000162828026051289/lin-20260630.htm 0001628280-26-051289not cross-checked

Piotroski F-Score

56 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
1 Return on assets is positive7.9%pass = 111.11111111111111 / 11.11111111111111
2 Operating cash flow is positive10,350Mpass = 111.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year8.2% -> 7.9%pass = 10.0 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)10,350M vs 6,898Mpass = 111.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell19.1% -> 23.8%pass = 10.0 / 11.11111111111111
6 Current ratio improved0.89 -> 0.88pass = 10.0 / 11.11111111111111
7 No new shares issued (share count did not rise)469M -> 461Mpass = 111.11111111111111 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry)26.2% -> 26.3%pass = 111.11111111111111 / 11.11111111111111
9 Asset turnover (revenue / assets) improved0.41 -> 0.39pass = 10.0 / 11.11111111111111
Inputs, 27 numbers with their sources
InputValuePeriodSourceCheck
net_income 2025-12-316898000000.02025-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
total_assets 2025-12-3186817000000.02025-12-31 historySEC XBRL Assets 0001628280-26-051289unverified
cfo 2025-12-3110350000000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-26-011430unverified
net_income 2025-12-316898000000.02025-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
net_income 2024-12-316565000000.02024-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
total_assets 2025-12-3186817000000.02025-12-31 historySEC XBRL Assets 0001628280-26-051289unverified
total_assets 2024-12-3180147000000.02024-12-31 historySEC XBRL Assets 0001628280-26-011430unverified
cfo 2025-12-3110350000000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-26-011430unverified
net_income 2025-12-316898000000.02025-12-31 historySEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-192209) 0001628280-26-011430unverified
lt_debt 2025-12-3120683000000.02025-12-31 historySEC XBRL LongTermDebtNoncurrent 0001628280-26-051289unverified
lt_debt 2024-12-3115343000000.02024-12-31 historySEC XBRL LongTermDebtNoncurrent 0001628280-26-011430unverified
total_assets 2025-12-3186817000000.02025-12-31 historySEC XBRL Assets 0001628280-26-051289unverified
total_assets 2024-12-3180147000000.02024-12-31 historySEC XBRL Assets 0001628280-26-011430unverified
current_assets 2025-12-3113325000000.02025-12-31 historySEC XBRL AssetsCurrent 0001628280-26-051289unverified
current_assets 2024-12-3112945000000.02024-12-31 historySEC XBRL AssetsCurrent 0001628280-26-011430unverified
current_liabilities 2025-12-3115198000000.02025-12-31 historySEC XBRL LiabilitiesCurrent 0001628280-26-051289unverified
current_liabilities 2024-12-3114544000000.02024-12-31 historySEC XBRL LiabilitiesCurrent 0001628280-26-011430unverified
shares_out 2026-06-30460980163.02026-06-30 historySEC XBRL EntityCommonStockSharesOutstanding 0001628280-26-051289unverified
shares_out 2025-06-30468909532.02025-06-30 historySEC XBRL EntityCommonStockSharesOutstanding 0001628280-25-037164unverified
operating_income 2025-12-318923000000.02025-12-31 historySEC XBRL OperatingIncomeLoss 0001628280-26-011430unverified
operating_income 2024-12-318635000000.02024-12-31 historySEC XBRL OperatingIncomeLoss 0001628280-26-011430unverified
revenue 2025-12-3133986000000.02025-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-011430unverified
revenue 2024-12-3133005000000.02024-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-011430unverified
revenue 2025-12-3133986000000.02025-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-011430unverified
revenue 2024-12-3133005000000.02024-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-011430unverified
total_assets 2025-12-3186817000000.02025-12-31 historySEC XBRL Assets 0001628280-26-051289unverified
total_assets 2024-12-3180147000000.02024-12-31 historySEC XBRL Assets 0001628280-26-011430unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FYEndedRevenue, $MNet income, $MEPS dilutedDividendFiling
20162016-12-3110,5341,5005.21paid0001628280-19-003050
20172017-12-3111,3581,2474.32paid0001707925-20-000015
20182018-12-3114,8364,38113.11paid0001628280-21-003574
20192019-12-3128,2282,2854.19paid0001628280-22-004180
20202020-12-3127,2432,5014.71paid0001628280-23-005434
20212021-12-3130,7933,8267.33paid0001628280-24-007424
20222022-12-3133,3644,1478.23paid0001628280-25-007990
20232023-12-3132,8546,19912.59paid0001628280-26-011430
20242024-12-3133,0056,56513.62paid0001628280-26-011430
20252025-12-3133,9866,89814.61paid0001628280-26-011430

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

DateInsiderRoleTypeSharesPriceValue
2026-08-18Reynolds Paula Rosputdirectorbuy100479.1247,912
2026-05-15Wood Robert Ldirectorsale4,335506.392,195,201
2026-05-14Wood Robert Ldirectorsale880508.76447,709