Linde (LIN) Revenue — Quarter Ended Mar 31, 2024
Revenue declined this quarter compared with the immediately preceding quarter and the same quarter one year earlier. The decrease follows a period of mixed trends across recent quarters.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined this quarter compared with the immediately preceding quarter and the same quarter one year earlier. The decrease follows a period of mixed trends across recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.1B
Revenue reported for this quarter.
Quarter-over-quarter
-2.4%
Change from the immediately preceding quarter.
Year-over-year
-1.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$32.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $8.2B | -3.0% |
| Sep 30, 2023 | $8.2B | -7.3% |
| Dec 31, 2023 | $8.3B | +5.1% |
| Mar 31, 2024 | $8.1B | -1.1% |
Revenue performance
The reported revenue direction for the current quarter was downward.
Quarterly comparison
On a sequential basis, revenue fell from the preceding quarter. Compared with the same quarter last year, revenue also decreased.
What to watch
The trend suggests revenue may need to stabilize after recent fluctuations.