• Linde average return on tangible equity for 2023 was 230.19, a 118.38% increase from 2022.
• Linde average return on tangible equity for 2022 was 105.41, a 61.47% increase from 2021.
• Linde average return on tangible equity for 2021 was 65.28, a 87.75% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.