Linde PLC
LIN Basic Materials Specialty Chemicals
Linde PLC’s revenue for fiscal 2025 (year ended December 2025) was $34.0 billion, up 2.97% from fiscal 2024. In the quarter to June 2026, revenue grew 9.35%, EPS grew 11.2%, free cash flow fell 12.7% and total debt rose 8.07%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for twenty-five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.
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Linde PLC (LIN) Gross margin
Linde PLC's gross margin over the twelve months to 30 June 2026 was 48.4%, down 0.5 percentage points from fiscal 2025 (48.8%). Over the past ten years it has ranged from 39.2% (fiscal 2018) to 48.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Specialty Chemicals industry median of 29.2% and above the Basic Materials sector median of 25.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 48.8% | 0.77 |
| FY2024 | 48.1% | 1.30 |
| FY2023 | 46.8% | 5.06 |
| FY2022 | 41.7% | (1.33) |
| FY2021 | 43.0% | (0.50) |
| FY2020 | 43.5% | 2.49 |
| FY2019 | 41.0% | 1.84 |
| FY2018 | 39.2% | (4.61) |
| FY2017 | 43.8% | (0.61) |
| FY2016 | 44.4% | (0.27) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 47.7% | (0.82) |
| Mar 2026 | 48.5% | 0.37 |
| Dec 2025 | 48.1% | (1.05) |
| Sep 2025 | 49.2% | (0.14) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| SHW The Sherwin-Williams Company compare | 49.0% |
| LIN Linde PLC | 48.4% |
| ECL Ecolab Inc. compare | 44.1% |
| RPM RPM International Inc. compare | 41.2% |
| PPG PPG Industries, Inc. compare | 40.9% |
| IFF International Flavors & Fragrances Inc. compare | 36.5% |
| DD DuPont de Nemours, Inc. compare | 35.1% |
| APD Air Products and Chemicals, Inc. compare | 32.1% |
| LYB LyondellBasell Industries N.V. compare | 12.8% |
| Specialty Chemicals industry median | 29.2% |
| Basic Materials sector median | 25.1% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on LIN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement