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Side-by-side financial comparison of General Mills (GIS) and Linde plc (LIN). Click either name above to swap in a different company.

Linde plc is the larger business by last-quarter revenue ($8.8B vs $4.9B, roughly 1.8× General Mills). Linde plc runs the higher net margin — 17.5% vs 8.5%, a 9.0% gap on every dollar of revenue. On growth, Linde plc posted the faster year-over-year revenue change (5.8% vs -7.2%). Linde plc produced more free cash flow last quarter ($1.6B vs $675.7M). Over the past eight quarters, Linde plc's revenue compounded faster (4.0% CAGR vs -2.4%).

General Mills, Inc. is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. Founded on the banks of the Mississippi River at Saint Anthony Falls in Minneapolis, the company originally gained fame for being a large flour miller. It is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis.

Linde is a global multinational chemical company and the world's largest industrial gas supplier by market share and revenue. Founded by German scientist and engineer Carl von Linde in 1879 in Wiesbaden, Germany, the company is now headquartered in Woking, United Kingdom, and registered in Ireland as Linde plc. Linde plc was formed in 2018 through the merger of Linde AG and Praxair, which was founded in 1907 in the United States as Linde Air Products Company.

GIS vs LIN — Head-to-Head

Bigger by revenue
LIN
LIN
1.8× larger
LIN
$8.8B
$4.9B
GIS
Growing faster (revenue YoY)
LIN
LIN
+13.1% gap
LIN
5.8%
-7.2%
GIS
Higher net margin
LIN
LIN
9.0% more per $
LIN
17.5%
8.5%
GIS
More free cash flow
LIN
LIN
$896.3M more FCF
LIN
$1.6B
$675.7M
GIS
Faster 2-yr revenue CAGR
LIN
LIN
Annualised
LIN
4.0%
-2.4%
GIS

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
GIS
GIS
LIN
LIN
Revenue
$4.9B
$8.8B
Net Profit
$413.0M
$1.5B
Gross Margin
34.8%
Operating Margin
15.0%
23.0%
Net Margin
8.5%
17.5%
Revenue YoY
-7.2%
5.8%
Net Profit YoY
-48.1%
-11.3%
EPS (diluted)
$0.78
$3.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GIS
GIS
LIN
LIN
Q4 25
$4.9B
$8.8B
Q3 25
$4.5B
$8.6B
Q2 25
$4.6B
$8.5B
Q1 25
$4.8B
$8.1B
Q4 24
$5.2B
$8.3B
Q3 24
$4.8B
$8.4B
Q2 24
$4.7B
$8.3B
Q1 24
$5.1B
$8.1B
Net Profit
GIS
GIS
LIN
LIN
Q4 25
$413.0M
$1.5B
Q3 25
$1.2B
$1.9B
Q2 25
$294.0M
$1.8B
Q1 25
$625.6M
$1.7B
Q4 24
$795.7M
$1.7B
Q3 24
$579.9M
$1.6B
Q2 24
$557.5M
$1.7B
Q1 24
$670.1M
$1.6B
Gross Margin
GIS
GIS
LIN
LIN
Q4 25
34.8%
Q3 25
33.9%
Q2 25
32.4%
Q1 25
33.9%
Q4 24
36.9%
Q3 24
34.8%
Q2 24
35.8%
Q1 24
33.5%
Operating Margin
GIS
GIS
LIN
LIN
Q4 25
15.0%
23.0%
Q3 25
38.2%
27.5%
Q2 25
11.1%
27.7%
Q1 25
18.4%
26.9%
Q4 24
20.6%
27.4%
Q3 24
17.2%
25.0%
Q2 24
16.5%
26.4%
Q1 24
17.9%
25.9%
Net Margin
GIS
GIS
LIN
LIN
Q4 25
8.5%
17.5%
Q3 25
26.7%
22.4%
Q2 25
6.5%
20.8%
Q1 25
12.9%
20.6%
Q4 24
15.2%
20.8%
Q3 24
12.0%
18.5%
Q2 24
11.8%
20.1%
Q1 24
13.1%
20.1%
EPS (diluted)
GIS
GIS
LIN
LIN
Q4 25
$0.78
$3.28
Q3 25
$2.22
$4.09
Q2 25
$0.53
$3.73
Q1 25
$1.12
$3.51
Q4 24
$1.42
$3.61
Q3 24
$1.03
$3.22
Q2 24
$0.98
$3.44
Q1 24
$1.17
$3.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GIS
GIS
LIN
LIN
Cash + ST InvestmentsLiquidity on hand
$683.4M
$5.1B
Total DebtLower is stronger
$12.2B
$20.7B
Stockholders' EquityBook value
$9.3B
$38.2B
Total Assets
$32.5B
$86.8B
Debt / EquityLower = less leverage
1.31×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GIS
GIS
LIN
LIN
Q4 25
$683.4M
$5.1B
Q3 25
$952.9M
$4.5B
Q2 25
$363.9M
$4.8B
Q1 25
$521.3M
$5.3B
Q4 24
$2.3B
$4.8B
Q3 24
$468.1M
$5.2B
Q2 24
$418.0M
$4.6B
Q1 24
$588.6M
$4.8B
Total Debt
GIS
GIS
LIN
LIN
Q4 25
$12.2B
$20.7B
Q3 25
$12.2B
$18.6B
Q2 25
$12.7B
$19.7B
Q1 25
$11.8B
$17.6B
Q4 24
$12.4B
$15.3B
Q3 24
$11.4B
$17.5B
Q2 24
$11.3B
$16.9B
Q1 24
$11.0B
$15.2B
Stockholders' Equity
GIS
GIS
LIN
LIN
Q4 25
$9.3B
$38.2B
Q3 25
$9.5B
$38.6B
Q2 25
$9.2B
$38.5B
Q1 25
$9.3B
$38.0B
Q4 24
$9.2B
$38.1B
Q3 24
$9.3B
$39.2B
Q2 24
$9.4B
$38.2B
Q1 24
$9.4B
$38.8B
Total Assets
GIS
GIS
LIN
LIN
Q4 25
$32.5B
$86.8B
Q3 25
$33.0B
$86.0B
Q2 25
$33.1B
$86.1B
Q1 25
$32.7B
$82.7B
Q4 24
$33.4B
$80.1B
Q3 24
$31.8B
$82.5B
Q2 24
$31.5B
$80.2B
Q1 24
$30.9B
$80.3B
Debt / Equity
GIS
GIS
LIN
LIN
Q4 25
1.31×
0.54×
Q3 25
1.29×
0.48×
Q2 25
1.38×
0.51×
Q1 25
1.28×
0.46×
Q4 24
1.35×
0.40×
Q3 24
1.23×
0.45×
Q2 24
1.20×
0.44×
Q1 24
1.17×
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GIS
GIS
LIN
LIN
Operating Cash FlowLast quarter
$819.3M
$3.0B
Free Cash FlowOCF − Capex
$675.7M
$1.6B
FCF MarginFCF / Revenue
13.9%
17.9%
Capex IntensityCapex / Revenue
3.0%
16.6%
Cash ConversionOCF / Net Profit
1.98×
1.98×
TTM Free Cash FlowTrailing 4 quarters
$1.8B
$5.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GIS
GIS
LIN
LIN
Q4 25
$819.3M
$3.0B
Q3 25
$397.0M
$2.9B
Q2 25
$611.6M
$2.2B
Q1 25
$531.9M
$2.2B
Q4 24
$1.2B
$2.8B
Q3 24
$624.2M
$2.7B
Q2 24
$863.7M
$1.9B
Q1 24
$943.1M
$2.0B
Free Cash Flow
GIS
GIS
LIN
LIN
Q4 25
$675.7M
$1.6B
Q3 25
$287.5M
$1.7B
Q2 25
$391.4M
$954.0M
Q1 25
$428.0M
$891.0M
Q4 24
$989.6M
$1.6B
Q3 24
$483.9M
$1.7B
Q2 24
$575.2M
$796.0M
Q1 24
$751.4M
$906.0M
FCF Margin
GIS
GIS
LIN
LIN
Q4 25
13.9%
17.9%
Q3 25
6.4%
19.4%
Q2 25
8.6%
11.2%
Q1 25
8.8%
11.0%
Q4 24
18.9%
18.8%
Q3 24
10.0%
19.9%
Q2 24
12.2%
9.6%
Q1 24
14.7%
11.2%
Capex Intensity
GIS
GIS
LIN
LIN
Q4 25
3.0%
16.6%
Q3 25
2.4%
14.8%
Q2 25
4.8%
14.8%
Q1 25
2.1%
15.7%
Q4 24
3.1%
15.1%
Q3 24
2.9%
12.8%
Q2 24
6.1%
13.7%
Q1 24
3.8%
12.9%
Cash Conversion
GIS
GIS
LIN
LIN
Q4 25
1.98×
1.98×
Q3 25
0.33×
1.53×
Q2 25
2.08×
1.25×
Q1 25
0.85×
1.29×
Q4 24
1.45×
1.63×
Q3 24
1.08×
1.76×
Q2 24
1.55×
1.16×
Q1 24
1.41×
1.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GIS
GIS

Snacks$1.0B21%
Convenient Meals$827.0M17%
Cereal$791.2M16%
Dough$720.9M15%
Pet$698.7M14%
Baking Mixes And Ingredients$556.0M11%
Super Premium Ice Cream$175.8M4%
Other Product$73.3M2%

LIN
LIN

Other$4.9B56%
Packaged Gas$1.6B19%
Merchant$1.2B14%
On Site$950.0M11%
Other Distribution Methods$64.0M1%

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