* 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.
Citation formats
Linde plc's expenditure on research and development 2014-2024
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.
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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 ÌÇÐÄÆƽâ°æ. Retrieved July 19, 2026, from /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. ÌÇÐÄÆƽâ°æ. Accessed July 19, 2026. /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). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 19, 2026. /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)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Apr 2025, /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) ÌÇÐÄÆƽâ°æ, /statistics/273170/linde-groups-expenditure-on-research-and-development/ (last visited July 19, 2026)
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: /statistics/273170/linde-groups-expenditure-on-research-and-development/
