Linde plc's research and development spending amounted to 150 million U.S. dollars in 2024. Linde plc was formed on October 31, 2018 through of a merger of equals between Linde AG and Praxair Inc. Linde plc is the largest industrial gas company in the world as a result of the merger.
Linde plc's expenditure on research and development from 2014 to 2024
(in million U.S. dollars)
Characteristic
Expenditure in million U.S. dollars
2024
150
2023
146
2022
143
2021
143
2020
152
2019
184
2018*
113
2017
93
2016
92
2015
93
2014
96
Created with Highcharts 7.2.2Expenditure in million U.S. dollars969693939292939311311318418415215214314314314314614615015020142015201620172018*201920202021202220232024
0255075100125150175200225
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* 2018 figures reflect the results of Praxair for the entire fiscal year and the results of Linde AG for the period of time beginning after October 31, 2018 (the merger date), including the impacts of purchase accounting.
The figures for 2014 to 2017 reflect the results solely of Praxair.
This statistic was assembled using several editions of the report.
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Linde plc. (April 30, 2025). Linde plc's expenditure on research and development from 2014 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 16, 2025, from https://www.statista.com/statistics/273170/linde-groups-expenditure-on-research-and-development/
Linde plc. "Linde plc's expenditure on research and development from 2014 to 2024 (in million U.S. dollars)." Chart. April 30, 2025. Statista. Accessed May 16, 2025. https://www.statista.com/statistics/273170/linde-groups-expenditure-on-research-and-development/
Linde plc. (2025). Linde plc's expenditure on research and development from 2014 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 16, 2025. https://www.statista.com/statistics/273170/linde-groups-expenditure-on-research-and-development/
Linde plc. "Linde Plc's Expenditure on Research and Development from 2014 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Apr 2025, https://www.statista.com/statistics/273170/linde-groups-expenditure-on-research-and-development/
Linde plc, Linde plc's expenditure on research and development from 2014 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/273170/linde-groups-expenditure-on-research-and-development/ (last visited May 16, 2025)
Linde plc's expenditure on research and development from 2014 to 2024 (in million U.S. dollars) [Graph], Linde plc, April 30, 2025. [Online]. Available: https://www.statista.com/statistics/273170/linde-groups-expenditure-on-research-and-development/
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